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  1. E

    Toggenburg Mountain Sold

    I have no idea. Old forum? I'm new to the forum. I'm just citing facts.
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    Toggenburg Mountain Sold

    I simply wanted to join in on the Toggenburg/Greek Peak/Song/Lab discussion. If you want me to be somebody else, sorry about that. I can't help you there.
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    Toggenburg Mountain Sold

    I'm confused???
  4. E

    Toggenburg Mountain Sold

    I wish I had that kind of money.
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    Toggenburg Mountain Sold

    "Meier, who has invested $10 million into Greek Peak since acquiring it, never made comparable investments in Toggenburg – it’s no mystery why the place stagnated. Greek Peak’s investments are still paying dividends – Meier says the ski area added nearly 1,000 new passholders in April alone."...
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    Toggenburg Mountain Sold

    Great job. Stuart! I enjoyed the read, and actually skied at a number of the ski areas that are now closed. In terms of collusion, Meier and Harris knew exactly what they were doing. While Meier is no ski industry expert, he's not dumb enough to give Harris the opportunity to operate three ski...
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    Toggenburg Mountain Sold

    That's a good point regarding the value of the grooming equipment and snow guns. $750K may have been a bargain if they can sell or use the balance of the assets quickly. If not, they still have to take care of upkeep, insurance, taxes, utilities, and so on until it's disposed of. Then there's...
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    Toggenburg Mountain Sold

    Yeah, that is over the top downright lousy. Ski CNY Welcomes Toggenburg. Oh yeah, we are closing the place.
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    Toggenburg Mountain Sold

    Absolutely, and it's going to cost him a good chunk of change to maintain a vacant ski area until he can dispose of all of the assets. It could take years.
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    Toggenburg Mountain Sold

    I totally agree. Private businesses don’t need to justify anything to anyone, other than to garner Goodwill. What is interesting is that Wes Kryger said in the spring that both Toggenburg and Greek Peak had banner years. Granted, Toggenburg may have lost money for them the prior years. Who...
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    Toggenburg Mountain Sold

    I wonder what the Hickey family thinks now. It has got to be somewhat heartbreaking.
  12. E

    Toggenburg Mountain Sold

    So Meier justified selling Togg to focus on the wedding pavilion, campground, and expanded mountain biking, all of which are well under construction. The campground was originally planned to open early this summer, but has now been pushed back to next summer. In terms of the steakhouse, it’s...
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    Toggenburg Mountain Sold

    Lab has two doubles, a triple, and a T-bar. Song has two doubles, a triple, and two T-bars. Togg has a double, a triple, and two tows.
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    Toggenburg Mountain Sold

    That would have been nice to allow the locals to form a coop. As you said, Peter may have a change of heart for the right price. He still needs to pay taxes on Togg, as long as it sits vacant and not generating any money. That gets old after awhile. I can’t imagine that a vacant ski area is...
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    Toggenburg Mountain Sold

    "At this time, it makes sense for Intermountain to carry on the mantle. We appreciate Harris's interest in Toggenburg and wish the best to him and the Toggenburg community." This statement walks a fine line, as it implies that business will be as usual at Toggenburg. The Meier's knew darn well...
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    Toggenburg Mountain Sold

    Adam: While this entire situation is so unfortunate, at least they are offering early season pricing for the SkiCNY pass as a consolation.
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    Toggenburg Mountain Sold

    I would agree with your assessment of the situation. At the time, I would surmise that Meier and Stemmerman were still excited about their Greek Peak purchase and felt that Toggenburg would make a good fit. I have to believe though, that Meier knew that Harris was going to close Toggenburg...
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    Toggenburg Mountain Sold

    If he cared, why would he sell Togg just to see it closed? After all, he was referred to as "the savior of Greek Peak." Last year were record attendance years for local ski areas, as travel restrictions prevented individuals and families to travel out of state. I can't speak to Togg, but I know...
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    Toggenburg Mountain Sold

    The reality is that Toggenburg was nothing special unless it was something special to you, and it was apparently special to many. I just wish that Meier and Stemmerman would have stayed away, and allowed someone who cared about Toggenburg to operate it. At least now maybe Meier will spend...
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    Toggenburg Mountain Sold

    That slipped me mind. I forgot about that aspect of the sale, and never could figure out the relationship, given that Hickey still operated the Foggy Goggle, but was also supposed to assist with Greek Peak food and beverage in some capacity.
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