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2015-16 Northeast Region Stoke, Weather, News, Chat - Page 28  

post #811 of 817
Thread Starter 
Quote:
Originally Posted by naja View Post
 

Peak Resorts said earlier in the week that its EB-5 application had been approved by the Immigration Service, taking the company very close to the release of $52 million held in escrow.

 

The EB-5 funds will be released from escrow once the first petition is approved by Immigration. Peak said this is typically shortly after approval of an EB-5 project.

 

Peak can use the $52 million held in escrow to move ahead with planned improvements at Mount Snow this summer and next, including a new water reservoir and pipe system, which should improve early-season snow-making, and a new skier services lodge.

 

Peak pre-spent $12 million on the EB-5 project and will get the money back as soon as the release of funds is approved.

 

For the upcoming year, history suggests that the odds are high that the ski season could be much better than last year. Additionally, Peak will have Hunter and is reporting momentum with the new multi-mountain ski pass. This argues for a measure of optimism about the potential for the year ahead.


Good news. 

 

Sure hope you're right about next season, and that historical suggestion is heeded. So many things have gone a-historical, though, lately that all I can do is cross my fingers.

post #812 of 817

Even in the dog days of Summer, there is a General stark siting.  Maybe he's excited about the upcoming La Nina season...

post #813 of 817

Gotta stash those skis.  What's the use of a quiver if you don't have it all over the mountain.  

 

Should be a good Winter in the NE.  Feel it in my bones which is about as good a prognostication as any winter forecast now.

post #814 of 817

Any New York/New England/Southern Canada locals want to start the 2016-2017 Northeast thread?

 

I've got a question I want to ask! :) 

post #815 of 817

Ask your question.  Seems winter of 2017 is still a ways away.

post #816 of 817
Thread Starter 
Quote:
Originally Posted by dbostedo View Post
 

Any New York/New England/Southern Canada locals want to start the 2016-2017 Northeast thread?

 

I've got a question I want to ask! :) 


I'm on it!

post #817 of 817
Thread Starter 

Turning off the lights here — you'll find the 2016-17 season thread at http://www.epicski.com/t/147363/2016-17-northeast-region-weather-stoke-craic

 

The 2015-16 season is officially locked.  :D

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EpicSki › The Barking Bear Forums › On the Snow (Skiing Forums) › General Skiing Discussion › 2015-16 Northeast Region Stoke, Weather, News, Chat