West Mountain Out of Bankruptcy
SAM Magazine--Queensbury, N.Y., April 3, 2014--April Fool's Day was no joke for West Mountain--the area has exited bankruptcy. According to the Post Star, the final decree was made public this past Tuesday. Apex Capital, which has been operating the area since last summer and who bought the first mortgage on the property in November of last year, is now the official owner.
Spencer Montgomery of Apex Capital told the Post Star that the company has plans to expand into real estate, four-season activities and more, though they are nothing more than ideas at this point. The ski area sits on 370 acres and has potential for growth. West is also counting on a boost in business thanks to an initiative by Governor Cuomo to create a ski bus next season that will ferry skiers and snowboarders from New York City and Toronto to 13 resorts in New York, including West Mountain.