urungus
Well-known member
“they had a successful season” ... LOL
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Haystack / Hermitage news
- Thread starter mlctvt
- Start date
“they had a successful season” ... LOL
sull1102
Member
Place looks to have a very nice base on the entire mountain including the lower area this morning on the way to Mount Snow. I wonder if Snow will see a bump next weekend with members looking to ski Easter weekend.
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Yes. I also loved the "we are moving into off-season ops" line = mothballing things because of chaos.
Yup. Shut the doors and lay everybody off because there's no money
drjeff
Well-known member
Historically, events wise, this coming weekend, where there's the Winter Brewfest at Mount Snow on Saturday and the Gladiator bump comp down Ripcord on Sunday, is one of the weekends where one tends to see a fair number of Hermitage Club members at Mount Snow, just simply enjoying a fun events weekend in the Valley
I didn't really mean it. I'm sure even the least well-off member could self fund operations for a weekend. At this point in the season there's really no need for a private club. At least not one whose primary selling point is lack of crowds. I think the decision to close this weekend would make good sense even if the place were flush.
sull1102
Member
Sadly there's a few members at least that signed up early on that are much closer to middle class than you would think.
I think all the anti Haystack sentiment is solely because it was open to all and then that was taken away and given back to only the rich. That isn't going to make friends out of many if any locals.
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asnowmobiler
Member
I think all the anti Haystack sentiment is solely because it was open to all and then that was taken away and given back to only the rich. That isn't going to make friends out of many if any locals. Sent from my LG-H820 using [URL="http://r.tapatalk.com/byo?rid=73733" said:
I thought the locals could ski there?
sull1102
Member
Wilmington and Dover residents could, but it was never talked about or advertised certainly. They made it hard to find on the website and I remember only seeing a ticket price once and forget what it was, maybe in the $100 range. There were also some weird rules aking so someone like myself who lives fairly close by cannot buy a ticket but a guy living one town over can. It's a lot like beach parking permits haha.
jaytrem
Well-known member
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I think it was around $80 last time I checked. May have gone up though. Would have been nice if the town negotiated a lift ticket price when they renewed the lease a few years ago. A good chunk of the area is on land owned by the town of Wilmington.
drjeff
Well-known member
Pretty sure it was also stated that one had to be a permanent resident of Wilmington or Dover, not a secondary home owner/part time resident of the 2 towns...
sull1102
Member
http://www.dvalnews.com/view/full_s...ilings-show-troubles-?instance=home_news_left
Just gets worse and worse. The future of the Hermitage has never been more in doubt than it is today. There's no new money coming in, no property sales because of liens on everything(except that Dopp six pack), 20 lawsuits. At this point, with more and more coming out every week against the club and the season being wrapped up, why would any members give them a loan to get through the offseason. They've needed a loan to get through each offseason before and this time around they have bills to pay.
Just gets worse and worse. The future of the Hermitage has never been more in doubt than it is today. There's no new money coming in, no property sales because of liens on everything(except that Dopp six pack), 20 lawsuits. At this point, with more and more coming out every week against the club and the season being wrapped up, why would any members give them a loan to get through the offseason. They've needed a loan to get through each offseason before and this time around they have bills to pay.
VTKilarney
Well-known member
gmcunni
Active member
is there a white knight? will they be open for skiing next season?
Smellytele
Well-known member
Or Golf this summer?
FBGM
Well-known member
And the moral of the story is stop putting nice things in crap depressing areas and economy’s.
Over under on how long before the junkies rip the copper out of the lodge and snowmaking wires to get that fix.
Drugs and bad mmmkay
Over under on how long before the junkies rip the copper out of the lodge and snowmaking wires to get that fix.
Drugs and bad mmmkay
sull1102
Member
That White Knight would now need north of $8 million just to clean up the back taxes and negotiate some kind of deal with the bank. Then there's the other lawsuits from smaller parties but even those are worth a million bucks in most cases. In all it looks like it would take $30 million to get the place back debt free.
Initially I was thinking you could get a white knight or two together and sell the six pack to anyone for $6 million, maybe more since it has the absolute bare minimum weekends only no summer hours on it. It has been reported the club owns the lift outright so that's straight cash. You pay the taxes with that money and then you can get started with the other problems, but really is that going to be enough money? You would have to tell members it was this or die. You run the triple 3/4 up and a cat or a temp lift the rest of the way, there are ways to make it work for a couple years.
Initially I was thinking you could get a white knight or two together and sell the six pack to anyone for $6 million, maybe more since it has the absolute bare minimum weekends only no summer hours on it. It has been reported the club owns the lift outright so that's straight cash. You pay the taxes with that money and then you can get started with the other problems, but really is that going to be enough money? You would have to tell members it was this or die. You run the triple 3/4 up and a cat or a temp lift the rest of the way, there are ways to make it work for a couple years.
My guess is that the Hermitage will languish in bankruptcy proceedings that will take it well through this time next year or longer, at which point some wealthy members will be able to buy this thing back for pennies on the dollar. Suspect that this is the long term strategy at this point. Sadly, all the local vendors, property owners, contractors and the like, who are all owed large sums of money, will loose out on recovering most of what is owed them.
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