
Notices posted on buildings at America’s second largest private ski resort are clear. “Please take notice that Hermitage Club LLC failed to post the bond required by the Vermont Commissioner of Taxes…and may not conduct any business at this location.” News of the closure comes less than a month after a Massachusetts bank filed a $16.6 million foreclosure complaint related to three separate loans allegedly now in default.

Vermont Public Radio reports The Hermitage owes the State of Vermont more than $1 million in rooms, sales and meals taxes. The two parties had been operating under a payment plan that allowed the ski resort to open on weekends this winter. A $112,000 payment wired to the state on Friday was enough to keep the lifts spinning until Sunday. A note to members posted at the club yesterday says, “We are working diligently to secure the funds to allow us to open for this coming weekend and will keep you posted.” The local newspaper references some employees who said they were escorted from the property by police. I can only imagine the frustration they must feel losing their jobs after months of uncertainty.
Opened in 2011 on the site of the defunct Haystack Mountain ski area, the Hermitage Club currently owns a 2015 Doppelmayr bubble high-speed six place lift, two recent Skytrac quads, a 1985 Poma triple and a 1987 CTEC triple. As I wrote a few weeks ago, lots of legal maneuvering likely lies ahead and many of these lifts could find new homes in the event of a liquidation.








