It would be nice to have a ski resort for about a half a miliion bucks. That’s what happened recently when a ski resort was sold at auction.
The Tenney Mountain ski area was sold for $500,000 at a foreclosure auction to a New York City investment company yesterday, and the firm’s general counsel says it has about six potential buyers showing interest in opening up the mountain to skiers again.
The Plymouth mountain failed to open this year, with financial troubles resulting in a combined $200,000 in unpaid back taxes between the 445-acre ski area and two vacant properties nearby.
The auction for the ski area took place inside the empty lodge, with employees and residents present.
“We were hoping for good news, but we’re not sure what kind of news it is,” said Debi Byers, who was the resort’s operations director.
read the entire article by Monitor staff/