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  1. E

    Toggenburg Mountain Sold

    “Money saved from Toggenburg expenditures, which was not profitable, will be used for existing and new projects at Greek Peak such as a lookout wedding venue that will be able to hold 300 to 400 people and provide views of the mountain and Hope Lake, Meier said.”
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    Toggenburg Mountain Sold

    There was an article on it not being profitable, but I couldn’t find it. This is as close as I could find: “Money saved from Toggenburg expenditures, which was not profitable, will be used for existing and new projects at Greek Peak such as a lookout wedding venue that will be able to hold 300...
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    Toggenburg Mountain Sold

    I have a crazy feeling that they are going to do the installation themselves, otherwise they would have a contractor in there now working on it. Wes said that it was going to happen this summer, but maybe it’s been put on hold again in order to finish up the campground and wedding pavilion.
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    Toggenburg Mountain Sold

    You raised a point that I was thinking about. Why take a rather long lift and use it to replace an extremely short lift. I know lift tower heights are designed for a specific ski area, but why not use the Windham lift to replace chair 4, or even one of their other lifts. I realize that chair...
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    Toggenburg Mountain Sold

    Replacing lifts will be tough, as these are big ticket items that makes snow making pipe replacement and snow gun purchases look like chump change. The challenge is that their newest Hall lift is chair five, and short of a complete overhaul, that lift is nearly shot. I wish they would not...
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    Toggenburg Mountain Sold

    I would have to agree with that, and as I said previously, just the snow cats and snow making equipment likely exceeded that amount of money. Of course, now the hard part is to dispose of the ski area land. It’s not exactly located in a prime real estate area. If it’s true that the Meiers were...
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    Toggenburg Mountain Sold

    Campgottagopee: I appreciate your candidness and openness. It definitely lets me see where you are coming from. I don’t disagree that business decisions have been interesting over the years, but as you said, Al certainly was a dreamer and not afraid to take risks, Do you remember the dude...
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    Toggenburg Mountain Sold

    That’s a really good question, but I don’t believe that information was ever made public. The base area flood alone was extremely significant as it impacted nearly all of their buildings and equipment. Even the dam in the creek was replaced. My guess is that it was many millions of dollars...
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    Toggenburg Mountain Sold

    Why the negativity towards the prior owners? They kept the resort afloat for more than 50 years. They turned the place into a four seasons resort by adding the lake, hotel, and adventure center. As a result, their wedding business exploded into nearly 100 weddings a year. You seem to really...
  10. E

    Toggenburg Mountain Sold

    The $2 million in financing occurred as part of the bankruptcy filing while Greek Peak was operating under receivership. This was never repaid as part of the asset auction.
  11. E

    Toggenburg Mountain Sold

    Enough with the whole RJ thing. A fellow blog member who I’ve skied with recognized my name and reached out to me a few days ago to explain the whole RJ confusion and how the two of you used to go head to head. I was also told that I shouldn’t have said anything disparaging about the Meier’s...
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    Toggenburg Mountain Sold

    While not the same as state owned and funded ski areas, let’s not forget that Senator Schumer was able to obtain close to $2 million in funds from the FDIC to keep Greek Peak afloat after the prior owners filed for bankruptcy.
  13. E

    Blue Mountain, PA, Sold

    A couple of years ago Vail made several site visits to BlueMountain with the intent to acquire it. The deal was all but done, and then they announce the purchase of peak resorts. That killed the BlueMountain deal.
  14. E

    Toggenburg Mountain Sold

    That’s an interesting idea, but I wonder how business would be without the skier traffic. It would be an interesting proposition if Hickey wanted to still run it.
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    Toggenburg Mountain Sold

    The covenant is the perplexing part, as we don’t know the details. I am completely speculating, but would have to think that Meier required the covenant to prevent Harris from operating three ski areas, as well as preventing a third-party from reopening it if sold. Then again, when Stu asked...
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    Toggenburg Mountain Sold

    Peter didn’t waste any time. It would be interesting if a group of Togg enthusiasts got together to make an offer for twice what Harris paid for it with no restrictions to see if he would flinch. The only thing we don’t know is if the covenant was required by Meier as a condition of sale to...
  17. E

    Toggenburg Mountain Sold

    Touche! I'm a helmet wearer, but to each his own. ;)
  18. E

    Toggenburg Mountain Sold

    OK, everyone. It all makes sense now. I thought you all were just messing around with the newbie. I didn't go through all 53 pages of the archive, but scrolled backwards and saw a few of RJ1972's postings. Maybe on a long flight one of these days, I'll read through some of the archives. Rest...
  19. E

    Toggenburg Mountain Sold

    I know I need to let it go. Greek Peak is my home base, but I feel so bad for the Togg employees and Fabius community. Small ski areas mean so much to local economies, businesses, and residents. Take Campgotagopee for example, from the 46 pages of the Greek Peak posts that I skimmed through...
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    Toggenburg Mountain Sold

    OK, Campgottogopee and Tjf1967, I just went back and read all of the postings regarding Toggenburg, as well as the 46 pages about GP, and nowhere do I see an RJ1972, so I don't know if you are just messing with me, or if this is an inside joke. I for one will be the first to admit that I don't...
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