Glenn Posted July 27, 2006 Report Posted July 27, 2006 A New York to Scranton high speed train??? Wow would people commute that far... Yes, people commute from stroudsburg daily to NYC, it's over an hour drive with minimal traffic, which as I'm sure everyone is aware, is rare when heading to NYC. If there was a high speed train (ie around 40 minutes travel time) scranton would become a significant NYC suburb. 70K for an acre seems really cheap..what does an acre of land go for in Scranton? Is this hold-up going to affect the 06-07 ski season? I would think this would be about the time Brochures were proofed out and printed up...I wonder if Sno Mountain started making brochures..also how rich is Ski going to get off the website.. Hmm, homes in my parents development are going for around 300K on 1.5+ acre lots. I almost all the price was in the homes themselves. Granted they live in the Lehigh Valley, I wouldn't expect the prices to be too dissimilar, although admittedly I don't know exactly what the price of the land is. Actually, in hind sight 70K per acre doesn't sound that outrageous.... So they split the land up and sell it for 28m, after spending 14m on mountain upgrades and whatever it costs to purchase the mountain. Is that profitable? If cutting a new trail causes uproars from tree huggers, what does clearing out 400 acres to sell off in small bundles do? Time will tell I suppose. Quote
Papasteeze Posted July 27, 2006 Report Posted July 27, 2006 Do you think this guy is camping on the land until the value shoots through the rough. Yikes... I would, after 10 years of improving it and making it a profitable ski area, it's still a gold mine if it is converted back to raw ground. Quote
Glenn Posted July 27, 2006 Report Posted July 27, 2006 but Bangor is kind of in the boonies...stuff with easy access to route 22 and I-78 would be way way way more...and a smaller lot for new homes. Uh, they don't live in Bangor. 12 minutes to 22, 15 minutes to 78. 2 Minutes to 33. Also... in their development there is no city water/sewer. Those size lots are needed to support wells/septic. sub-divisions between Stroudsburg and Camelback where they advertise...easy 90 minute comute...that's 15+ hours a week.. ohmy.gif nothing easy about that. Wow Scranton a suburb of NYC...wow.. Keep in mind, those homes are fraction of the price of a housing in the city, plus they are bigger, plus lower crime, plus terror threat is... well significantly lower etc etc etc It's worth it to some people... Quote
Papasteeze Posted July 27, 2006 Report Posted July 27, 2006 BTW - lets not ignore in all this, that MR Carlson and Ford apparently ski together frequently and their children are also involved. Carlson has a condo in the pocono area. that in itself makes more sense to me on why they are buying it - they want their own personal playground? all the while they are remaining saavy about the value. Quote
Glenn Posted July 27, 2006 Report Posted July 27, 2006 BTW - lets not ignore in all this, that MR Carlson and Ford apparently ski together frequently and their children are also involved. Carlson has a condo in the pocono area. that in itself makes more sense to me on why they are buying it - they want their own personal playground? all the while they are remaining saavy about the value. Cool, I didn't realize that... You're probobly right about the playground bit... I think we are all hoping you are! Quote
Ski Posted July 27, 2006 Author Report Posted July 27, 2006 So instead of buying one of more than a dozen current multi-hundred acre lots in the WB-Scranton area for $3 million, or less, the conspiracy theory is that they are shelling out $18 million in guaranteed funds to then level the buildings and tear out their new wave pool? That is beyond paranoid, to me. Quote
Ski Posted July 27, 2006 Author Report Posted July 27, 2006 (edited) it makes sense if 400 acres at 70k is the value of the ground that the 14m in improvements is sitting on agreed..... Show me a 400 acre parcel priced at $28 million in this region....I found one 400 acre parcel listed at $1.25 million. There are hunting and fishing clubs all over the Poconos that have hundreds of acres...and a lot of them are for sale. Monroe County just paid $312,000 to a club that wanted to sell to a developer. And that was 413 acres. I really don't think the Brodhead Fishing Club turned down a multi-million dollar offer to sell to the county. That parcel, btw, is on rt. 447, a half mile from Alpine Mountain. I could care less if the Pope buys it! Who cares who buys it. It's failing now and will probably be shut down soon if there isn't a change. Another prime example of a government agency that should not be involved in private enterprise. Governments have no idea what competition is. Exactly. Edited July 27, 2006 by ski Quote
Papasteeze Posted July 27, 2006 Report Posted July 27, 2006 show me 400 acres next to an interstate intersection miles away from an airport with water and sewer next to large venues for sale for 5m? So instead of buying one of more than a dozen current multi-hundred acre lots in the WB-Scranton area for $3 million, or less, the conspiracy theory is that they are shelling out $18 million in guaranteed funds to then level the buildings and tear out their new wave pool? That is beyond paranoid, to me. They do it to former golf course all the time. Quote
Ski Posted July 28, 2006 Author Report Posted July 28, 2006 show me 400 acres next to an interstate intersection miles away from an airport with water and sewer next to large venues for sale for 5m? Montage. They do it to former golf course all the time. Wrong. No company has EVER purchased a golf course, invested $14 million in new construction, then tore it all down to subdivide. Why don't you know that? Quote
Schif Posted July 28, 2006 Report Posted July 28, 2006 They do it to former golf course all the time. Wouldn't it be much easier to build on a relatively flat golf course than on the side of a steep mountain? Quote
riderossi Posted July 28, 2006 Report Posted July 28, 2006 Wouldn't it be much easier to build on a relatively flat golf course than on the side of a steep mountain? I don't think he was saying that that is going to happen with montage, just mentioning that people buy golf courses and level them for housing, as what may happen with montage. Leveling the mountain for housing. But elevation change is always fun on a course, a nice par three from top of cannonballs headwall would be interesting Quote
Shadows Posted July 28, 2006 Report Posted July 28, 2006 so, without readin this thread, or any of the montage/sno mtn threads is this going to sell or what? simple yes or no is good Quote
Ski Posted July 28, 2006 Author Report Posted July 28, 2006 so, without readin this thread, or any of the montage/sno mtn threads is this going to sell or what? simple yes or no is good There is an agreement for the sale and closing is in two weeks. There is also a lawsuit filed to hold up the sale. There is no simple yes or no answer. A lot depends on a judge's ruling. There is a scumbag twit named Michael Washo that is the minority commissioner of Lackawanna County trying his best to screw up the deal. The majority commissioners openly mock him in public meetings. With good reason. Quote
Schif Posted July 28, 2006 Report Posted July 28, 2006 Montage could have a cool golf course or at least Frisbee golf like at Big Sky...Gravity is always cool. They actually used to have a frisbee golf course. It wasn't all that bad. All around the base area and then up highball/mainline a little bit. This is really just getting rediculous. We've just got to hope the judge has a good head on his shoulders or is a skier. Not that I live in lacawanna county, but I know if I did Washo wouldn't be getting my vote next time around. Quote
Ski Posted July 28, 2006 Author Report Posted July 28, 2006 Washo was appointed to his position by the democratic party...hopefully they've learned their lesson. Quote
VTmark Posted July 29, 2006 Report Posted July 29, 2006 I'm thinking about saying somthing but it will only get me in trubble. Quote
jamielynne611 Posted July 31, 2006 Report Posted July 31, 2006 BTW - lets not ignore in all this, that MR Carlson and Ford apparently ski together frequently and their children are also involved. Carlson has a condo in the pocono area. that in itself makes more sense to me on why they are buying it - they want their own personal playground? I cannot believe this thread. IT is RIDICULOUS that someone would dig up dirt on Mr. Carlson. It really has nothing to do with Montage/Sno Mtn. Do any of you (besides ski, adam) really even KNOW the Carlson's or the Ford's? I've been a member of para and ussa for longer than a certain someone has been into skiing (and nastar)...and i can say that both the Ford's and the Carlson's are the perfect picture of two families who geniunely enjoy the sport. All of their kids rac and 2 are still actively involved. Maybe they're investing in Montage because of some new trashmouth who has moved into their home mountain. Quote
Sno Mountain Skier Posted July 31, 2006 Report Posted July 31, 2006 Word around the area, is that nobody thinks that the judge will pass the injunction. But in other news i found out my moms hair dresser is the mother of one of the 7 guys planning on buying montage. Im having her go and talk to her for me and get some info. Quote
Ski Posted July 31, 2006 Author Report Posted July 31, 2006 ...and i can say that both the Ford's and the Carlson's are the perfect picture of two families who geniunely enjoy the sport. All of their kids rac and 2 are still actively involved. OMG, Jamie, I'm such an idiot...I thought the names were a coincidence... Are they really those families? If so, then they are GREAT people. I've talked to both on the phone trying to 'force' them to volunteer at races. Cool news... Quote
sibhusky Posted July 31, 2006 Report Posted July 31, 2006 (edited) We're talking DICK Ford? I just thought it was a coincidence myself and haven't really been following this whole thing. Grasping for who Carlson is, but the name sounds vaguely familiar. Dick was a fellow Village homeowner and always seemed like a basically good guy to me. His wife was nice as well. He had a large family full of regular skiers at CB. Sounds like a good thing to me. Edited July 31, 2006 by sibhusky Quote
Glenn Posted July 31, 2006 Report Posted July 31, 2006 Thanks for sharing Jamie. This is the kind of good stuff we want dug up! Very promising for the future of montage/sn Quote
Papasteeze Posted July 31, 2006 Report Posted July 31, 2006 I believe things will get worked out, but not with out a ton of delays and controversery. Ford and Carlson both have children who are well accomplished at the sport. Any idea of who the kids are? BTW - lets not ignore in all this, that MR Carlson and Ford apparently ski together frequently and their children are also involved. Carlson has a condo in the pocono area. that in itself makes more sense to me on why they are buying it - they want their own personal playground? all the while they are remaining saavy about the value. Thanks for sharing Jamie. This is the kind of good stuff we want dug up! Very promising for the future of montage/sn Quote
Papasteeze Posted July 31, 2006 Report Posted July 31, 2006 ... Get over yourself. May I remind you sir to: Please post with courtesy towards others, try to add to the topic at hand, Quote
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