Big Tupper Prospects Looking Bleak

Z, talk about revisionist history, wow. The "developers" were the cause of most of the delays in the process.
They "missed the economic window many times over"??? WTF? You mean after they initially proposed crazy projected sales numbers in 2005 then the whole country went down the economic tubes in 2008 and the developers came back in 2010 with their new sales projections 50% higher than 2005?? Really?
 ACR screwed everyone they dealt with including their own lawyers, they never had and money, they were not bled dry as they claim.
There was no economic window that would have made their overhyped, overblown projections marketable.

I do agree with you 100% that the real losers are the skiers and Tupper Lake.

https://www.adirondackexplorer.org/stories/adirondack-club-foreclosure

I’m reading this as a good development that could get the ski area up and running

This project is still a pipe dream.

Are the pipes still in the ground?

Benny Profane wrote

Are the pipes still in the ground?

I was under the impression that anything of value was sold.  Much of it (guns) to a certain mountain in the Cats.

Is the copper wiring still there? Gotta sell assets to pay off the lawyers!

I’m reading this as a good development that could get the ski area up and running. Hopeful thinking Z.

Time will tell but nobody in Tupper is holding their breath. And yes it is still a pipe dream if the Billionaire tries to do the development as the ACR proposed it. Although maybe he won't need a PILOT program now.
And the pipes for the snowmaking system are about the only thing left, the copper wiring for the fan jets is long gone as is all the rest of the system. (Loads of HKDs went to Plattekill)
At least Foxman and Lawson are out, that alone is a plus.  Too bad for all the small contractors who got screwed by them along the way. They will never get paid now.

Forgot to mention, the ski area is not part of this deal. It is owned by the ACR(Preserve Associates) but it a separate parcel. So as far as getting the ski area up and running, ACR  is holding the cards on it for now.

Another take on Crossroads LLC.

https://www.adirondackdailyenterprise.com/news/local-news/2020/01/investors-try-to-free-acr-site-of-debt/