Glenn Posted June 22, 2005 Report Share Posted June 22, 2005 Tonight at 10 pm on fox 56 (don't know who gets it) they are doing a piece on montage traffic issues and why they are trying to sell... and why they haven't accepted any offers yet. Just FYI Quote Link to comment Share on other sites More sharing options...
Ski Posted June 23, 2005 Report Share Posted June 23, 2005 Tonight at 10 pm on fox 56 (don't know who gets it) they are doing a piece on montage traffic issues and why they are trying to sell... and why they haven't accepted any offers yet. Just FYI 27857[/snapback] Thanks for the heads up... Quote Link to comment Share on other sites More sharing options...
librider Posted June 23, 2005 Report Share Posted June 23, 2005 jsut watched it a couple seconds ago Quote Link to comment Share on other sites More sharing options...
Ski Posted June 23, 2005 Report Share Posted June 23, 2005 10 second story: didn't sell; want someone as manager. It was a sidebar to the Red Barons and Dave "The Poop" Matthews Band traffic story. County Commissioners are looking for someone to come in and turn Montage into a profitable ski area...perhaps so more money can be raised in order to pay for the incredible deficit the stadium down the hill leaves. Quote Link to comment Share on other sites More sharing options...
Glenn Posted June 23, 2005 Author Report Share Posted June 23, 2005 Thanks for the report... I don't get the channel at home, only at work, so I was only able to see the ad. Quote Link to comment Share on other sites More sharing options...
zaldon Posted June 23, 2005 Report Share Posted June 23, 2005 well if they ever do sell they better keep white lightning open. Quote Link to comment Share on other sites More sharing options...
Papasteeze Posted June 23, 2005 Report Share Posted June 23, 2005 What is the asking price? How can that be found out? Who is the contact? Quote Link to comment Share on other sites More sharing options...
Ski Posted June 23, 2005 Report Share Posted June 23, 2005 (edited) It started out at $9 million last year, but was assessed by Snowtime Inc. at roughly half that amount. Here's the Commissioner's link:  http://www.lackawannacounty.org/viewDepartment.aspx?DeptID=8    This guy has been the Commission office spokeperson:  Robert C. Cordaro  Phone: 570-963-6800  Fax: 570-963-6812 E-mail: Cordaror@lackawannacounty.org Administrative Assistant: Jill Sensi Edited June 23, 2005 by ski999 Quote Link to comment Share on other sites More sharing options...
sibhusky Posted June 24, 2005 Report Share Posted June 24, 2005 Maybe Sam sold CB so he can buy Montage. Quote Link to comment Share on other sites More sharing options...
librider Posted June 24, 2005 Report Share Posted June 24, 2005 hmm i wonder if we can get 4 million dollars.... Quote Link to comment Share on other sites More sharing options...
Ski Posted June 24, 2005 Report Share Posted June 24, 2005 Maybe Sam sold CB so he can buy Montage. 27914[/snapback] Quote Link to comment Share on other sites More sharing options...
Papasteeze Posted June 24, 2005 Report Share Posted June 24, 2005 4m - who owns the ground now? Any idea if it will support condos adjacent to the property? Quote Link to comment Share on other sites More sharing options...
skigurl Posted June 24, 2005 Report Share Posted June 24, 2005 the traffic wasn't that bad, i've seen worse at other places Quote Link to comment Share on other sites More sharing options...
Ski Posted June 24, 2005 Report Share Posted June 24, 2005 4m - who owns the ground now? Any idea if it will support condos adjacent to the property? 27929[/snapback] It's owned by Lackawanna County, along with the Ford Pavillion (where Missy saw Dave Matthews last night---near the ski hill), and Lackawanna Stadium (where the Philly farm team plays). The stadium is at the bottom of the access road. Â There are various townhouse, condo, and single family developments on the access road, as well as a decent golf course. Those are privately held properties, separate from the ski area. Â There are several hundred acres for sale along the access road. Â Wherein CB has had to fight for every acre of expansion, Lackawanna County wants to throw land at prospective builders. Â The Lackawanna County Commissioners have screwed up every aspect of the area. They had a chance to cash in and sell the stadium name when the Red Barons were a hot property. Instead, they bickered and jerked around some interested big companies. They ended up having to settle on some low revenue deal with a local tire company. Quote Link to comment Share on other sites More sharing options...
Papasteeze Posted June 24, 2005 Report Share Posted June 24, 2005 Thanks Ski!! that gives me something to go on... I am with a company that is diversifying rapidly.. It would be a dream come true to put something like that together and make it work. Quote Link to comment Share on other sites More sharing options...
Ski Posted June 24, 2005 Report Share Posted June 24, 2005 Montage made money for six consecutive seasons (due mainly to the snow tubing addition), but then ran into bad weather for XMas week two years ago and they went crazy trying to sell it. The county is in financial ruin, with something like a 48% property tax increase to help the deficit. Â Montage has such an amazingly low overhead compared to other ski areas that it will eventually sell. If you recall an earlier thread, they spent $20,000 or so to advertise it in USA Today and The Wall Street Journal for $9 million, which was absurd. Â I've been reading that China has been buying everything, from IBM's laptop division to Maytag. Hmmmm....I'd support a Chinese takeover. Â Â Mmmmm...Chinese.... Quote Link to comment Share on other sites More sharing options...
Papasteeze Posted June 24, 2005 Report Share Posted June 24, 2005 Funnny That looks like mexican, I detect jalapenos Quote Link to comment Share on other sites More sharing options...
skifreak Posted June 24, 2005 Report Share Posted June 24, 2005 Funnny  That looks like mexican, I detect jalapenos 27953[/snapback]  I thought the same thing when I saw it Quote Link to comment Share on other sites More sharing options...
Papasteeze Posted June 24, 2005 Report Share Posted June 24, 2005 I put this in here just for the history of the subject. Â MONTAGE SKI AREA FOR SALE Â May 10, 2004 Â SAM Magazine--Scranton, Pa., May 10, 2004--Montage Mountain Ski Area, owned by Lackawanna County, is for sale. The minimum sale price is $9.6 million in cash. Three potential bidders have shown interest, including one group led by Joe Aichholz Jr., owner of nearby Blue Marsh Ski Area. A northern Poconos ski area is also said to be interested. The county commisioners have asked bidders to submit offers by June 4. Â Montage opened in 1984 and has been county-owned since 1991. The 400-acre resort in the northwestern Poconos offers day and night skiing on 140 acres and a 1,000 vertical. The area has 21 trails, 5 chairs, two surface lifts, plus a waterslide and tubing hill. The trails are 100 percent covered by snowmaking, but county commissioners estimate the system needs $4 million to $5 million in improvements. Â Interested buyers must guarantee they will operate the ski resort for a minimum of 10 years, retain 20 full-time employees, make needed capital improvements and detail family recreation programs for county residents. Quote Link to comment Share on other sites More sharing options...
Sno Mountain Skier Posted June 24, 2005 Report Share Posted June 24, 2005 The newspaper said there was some group called pinnacle that seemed very intrested. Quote Link to comment Share on other sites More sharing options...
Wolverine21 Posted June 24, 2005 Report Share Posted June 24, 2005 papasteeze dont tell your company about the land across the street. then i wont have anywhere to ride my quad . the land is for sale. a friend of mine spraypainted over the signs so you cant see that the land is for sale. hopefully noone buys and builds back there. the county seems not to care much about tresspassing. i never got caught riding. the only place i've seent tresspassing signs is along the road goin up montage and near the dam. they even put gates up near the dam. that didnt stop me Quote Link to comment Share on other sites More sharing options...
poconoceancity Posted June 25, 2005 Report Share Posted June 25, 2005 Where can I find more info on the land for sale near montage? Quote Link to comment Share on other sites More sharing options...
Papasteeze Posted June 27, 2005 Report Share Posted June 27, 2005 Development next to ski areas is a necessary evil for all kinds of reasons, we would find a new place for your quad!! Quote Link to comment Share on other sites More sharing options...
Ski Posted June 27, 2005 Report Share Posted June 27, 2005 Where can I find more info on the land for sale near montage? 27983[/snapback] I actually searched quite a bit and didn't find the listing. Not a really aggressive realty listing. Quote Link to comment Share on other sites More sharing options...
poconoceancity Posted June 27, 2005 Report Share Posted June 27, 2005 I actually searched quite a bit and didn't find the listing. Not a really aggressive realty listing. 28102[/snapback] Thanks for looking...I might take a ride up in July and see what I can find out. Quote Link to comment Share on other sites More sharing options...
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