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I was really surprised, thank you internet this video is less then 24 hours old lol Hope they reopen!
The Plausteiners bought Ascutney Mountain Resort out of bankruptcy in the early 1990s for $1.1 million. But it didn’t take long before they too started having money troubles.
In 1998, the Plausteiners — as Snowdance LLC — were the majority owners of the ski resort and investment banker Dan Purjes and Myles Wittenstein were the minority owners. In 2005, Snowdance took out a $4.5 million promissory note from PRIF Ascutney LLC, a New Jersey-based investment company. Soon after, in 2008 when Snowdance began defaulting on its loan, Purjes and Wittenstein formed a new company, MFW Associates, and purchased the $4.5 million promissory note for $850,000.
MFW started foreclosure proceedings shortly after, citing $1.8 million in debt.
A quick thought, maybe this is probably the mountain that the people at Hermitage(Haystack) should have tried to reopen as a private area. I do realize that it wasn't available at the time, just a "what-if?"