As had been heard around for years,"The town never should have sold the Mountain" Totally agree, it was never a money maker but it wasn't costing the taxpayers much either, it made a little profit some years and lost a little other years but it kept the community plugging along in the Winter. The Town should have kept it going like Old Forge with McCauley.
AS x says, it would take Millions to get the place operational again. If the so called "developers" hadn't canabilized and sold off the snowmaking system,gutted and tore down part of the main lodge and maintained the 2 chairlifts that were usable the costs would have been a bit lower, but still a big job.
So if you get lucky and win the one of the lotteries before the sale and have a real passion, you can own the place and bring it back!