SAM Magazine—Fabius, N.Y., Oct. 16, 2026—Intermountain Management has sold Toggenburg Mountain to central New York businessman Douglas Wheeler, according to a press release from the New York Attorney General’s office. The new owner plans to rebuild and reopen the ski area for the 2027-28 season.
Toggenburg has sat shuttered since Intermountain Management, which also owns and operates regional competitors Song Mountain and Labrador Mountain, acquired the ski area in 2021. At the time, Intermountain Management president Peter Harris told SAM that the goal of the acquisition was to “purchase market share without the associated expenses of opening another ski hill.”
In 2022, New York AG Letitia James sued Intermountain Management for acquiring and shutting down its own competitor, and in a 2024 court filing, James asked the court to order the divestiture of Toggenburg to a buyer willing to operate the ski area, which Judge Robert E. Antonacci II did in 2025. Antonacci found that Intermountain Management had violated anti-trust laws when it purchased and closed Toggenburg in 2021.
The Office of the Attorney General secured a settlement with Intermountain requiring it to sell Toggenburg to Wheeler, who will reopen the property as a ski resort. That deal closed today.
The Wheeler family are longtime Fabius residents who once owned the land that became Toggenburg ski area, and have been working to purchase the property for nearly three years.
James Wheeler, Douglas’s son, said in a Facebook statement that the family plans to “return (Toggenburg) to its former glory while modernizing the technology and adding new attractions.
“This project is a huge undertaking,” he said, adding, “It will take extensive time, money, and manpower to accomplish this task.”
In addition to the sale of Toggenburg to Wheeler, Intermountain must pay $30,000 to New York and cannot seek to reacquire Toggenburg or enforce a “no-poach” agreement, which would have prevented Toggenburg’s new owners from hiring any Intermountain employees, for four years.
“Competition among Syracuse ski areas means more choices and better prices and services for New York skiers,” said AG James. “We’re putting an end to Intermountain’s illegal monopoly that allowed it to raise prices and take advantage of skiers. I am thrilled that New Yorkers will once again have access to Toggenburg Mountain …”
