Here we have another article documenting these snake oil salesmen. These guys were bullshytting the value of the development at $200 million and the lawyers turned that onto the developers to support the judgement.
For everybody that thinks these guys are positive for the local economy there is this:
"The group is also in default of tax payments owned on six key properties in the project, according to the Franklin County Treasurer’s office. The total owed the county tops $275,000. In May, Preserve Associates lost its ability to make installment payments under a previous arrangement with the county for failing to comply with the deal, said Treasurer Frances Perry."
They have been unable to borrow money from any commercial lenders, the place is miles from anywhere, the cornerstone ski area had barely operated when they first proposed the development, they owe millions and they do not even own the land.
+1 x10003q. Although not in favor of this development, I would have preferred a different outcome. Some years ago after skiing the Lumberjack Scramble, a long-time Tupper Lake resident told me, once they said "your taxes will go down" everyone got goo-goo-eyed and got behind the project.
Whoever does own the land should let me ski there instead of trying to help this garbage group of grifters profit off of something they don't even own (or give a shit about).
Sorry MC but the same group owns the ski area, what a shame. Great little feeder area gone. I'll keep playing all the Lottos and if I win big, Big T will reopen. These shady "developers" only got support from the locals by repeatedly promising to bring the ski area back. Tupper produced a lot of really good skiers and now it's been closed for 20 years so we have a whole generation that hasn't had anywhere decent to ski.
. I'll keep playing all the Lottos and if I win big, Big T will reopen. .
This has been my plan for the last 15 years, but somehow, I haven't won yet.
If ORDA's mission is to empower depressed areas of the state through sports, NY State should buy Big Tupper, sink a couple million into lift, lodge & snowmaking upgrades, then sell it in 10-15 years. Tupper Lake is one of those Upstate NY towns that really seems to struggle (that grocery store across from where they do Woodsman Days is one of the saddest places in the state). I think a huge infusion of money would be pretty effective (more effective than a "Mountain Coaster" at Mount Van Hoevenberg, imo).
They should turn it into a skinners mountain. Cater to that crowd. It wont do a lot but a lot more than it is doing now. Little overhead as well. I think Hickory should be looking at the same type of model.