After a tower shifted downhill this spring, the City of Steamboat will again fix Howelsen Hill’s chairlift rather than replacing it.
In the Jay Peak fraud case, former resort owner Ariel Quiros and executive Bill Stenger settle with the State of Vermont for $2.1 million without admitting wrongdoing.
In a separate class action lawsuit, a group of Jay Peak investors allege more than 100 immigration lawyers received $5 million in kickbacks from the resort, creating undisclosed conflicts of interest.
The federal government orders an immediate shutdown of the Vermont EB-5 Regional Center, which allowed foreigners to invest in ski resorts such as Jay Peak and other businesses in exchange for green cards.
Hermitage Club members could lease Haystack Mountain to reopen next season but Berkshire Bank will not. Homeowners may have a senior lien on the Barnstormer six-pack but would need to pay for $300,000 of lift maintenance to reopen.
Even though his purchase of Saddleback never closed, Australian businessman Sebastian Monsour did spend $400,000 on the closed Maine ski resort last year. Hopefully some went to lift maintenance!
Parks Canada seeks public comments on possible Sunshine Village lift and terrain expansions into Goat’s Eye II, Lower Meadow Park and Hayes Hill. Another new lift could eventually parallel the gondola.