Showing posts with label Jay Peak development. Show all posts
Showing posts with label Jay Peak development. Show all posts

Thursday, April 14, 2016

What is next for Jay Peak?

There is a bit a shitshow going on in the Jay Peak and Burke Mountain head offices right now. The resorts' owners, Ariel Quiros and Bill Stenger, are in some hot water with the Securities and Exchange Commission over misappropriation of EB-5 funds. Ooops. Here is the press release:

SEC Case Freezes Assets of Ski Resort Steeped in Fraudulent EB-5 Offerings

FOR IMMEDIATE RELEASE
2016-69
Washington D.C., April 14, 2016 — The Securities and Exchange Commission today announced fraud charges and an asset freeze against a Vermont-based ski resort and related businesses allegedly misusing millions of dollars raised through investments solicited under the EB-5 Immigrant Investor Program.

The SEC’s case was unsealed today in federal court in Miami, and the court has appointed a receiver over the companies to prevent any further spending of investor assets.
The SEC alleges that Ariel Quiros of Miami, William Stenger of Newport, Vt., and their companies made false statements and omitted key information while raising more than $350 million from investors to construct ski resort facilities and a biomedical research facility in Vermont.  Investors were told they were investing in one of several projects connected to Jay Peak Inc., a ski resort operated by Quiros and Stenger, and their money would only be used to finance that specific project.  Instead, in Ponzi-like fashion, money from investors in later projects was misappropriated to fund deficits in earlier projects.  More than $200 million was allegedly used for other-than-stated purposes, including $50 million spent on Quiros’s personal expenses and in other ways never disclosed to investors.
According to the SEC’s complaint, Quiros improperly tapped investor funds for such things as the purchase of a luxury condominium, payment of his income taxes and other taxes unrelated to the investments, and acquisition of an unrelated ski resort.
“The alleged fraud ran the gamut from false statements to deceptive financial transactions to outright theft,” said Andrew Ceresney, Director of the SEC’s Division of Enforcement.  “As alleged in our complaint, the defendants diverted millions of EB-5 investor dollars to their own pockets, leaving little money for construction of the research facility investors were told would be built and thereby putting the investors’ funds and their immigration petitions in jeopardy.”
The SEC’s complaint charges Quiros, Stenger, Jay Peak, and a company owned by Quiros called Q Resorts Inc. as well as seven limited partnerships and their general partner companies with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5.  Four other companies are named as relief defendants in the SEC’s complaint for the purpose of recovering investor funds transferred into their accounts.  The SEC seeks preliminary and permanent injunctions, financial penalties, and disgorgement of ill-gotten gains plus interest.  The agency also seeks conduct-based injunctive relief against Quiros and Stenger along with an officer-and-director bar against Quiros.
The SEC’s investigation was conducted by Brian Theophilus James, Trisha D. Sindler, Michelle Lama, and Mark Dee, and the case was supervised by Chedly C. Dumornay of the Miami Regional Office.  The SEC’s litigation will be led by Christopher Martin and Robert K. Levenson of the Miami office.  The SEC appreciates the assistance of the Office of the Vermont Attorney General and other authorities in Vermont

The "good" news is that Jay Peak is currently operating under a new management company and our pal Steve Wright has been appointed General Manager.  We like Steve and wish him all the best in his new, but somewhat awkward, leadership position. It is probably not the promotion scenario he was hoping for.

I'm thinking that we should probably just give up on the West Bowl and a relocated Bonaventure Chair for the mean time. I hope the hardworking staff of Jay Peak and Burke Mountain will come out of this with jobs.

Makes you wish for the good old days, doesn't it? (photo by Harvey)




Sunday, November 8, 2015

A late fall report from Jonny Jay

It is late in the fall, and this is a bit late. Oh well. Snow might be in the air somewhere but we are content to wait; no need to scratch the bases after all this time. But just to whet your appetite, here is Jonny Jay's scouting report on recent developments at good olde Jay Peak....

Skiers and riders can rejoice in the new infrastructure investment on THE MOUNTAIN this summer. Not condos or entertainment venues but an investment in improved skier experience. No, not the promised chairlift switcheroo and upgrade or the fabled West Bowl expansion -- we now have a new bridge from the Bonnie to the triple! With sidewalls! No more lost weekend skiers down in the creekbed . . .

The mountain always looks enticing at this time of the year, so check your gear and get pumped (no pumphouse pun intended). See you on the slopes people, and happy fall from the JJ clubhouse.
Jonny Jay


The new bridge will keep skiers in line. Or else.

Possible new Stateside infrastructure: thatched roof tribal hut or sand pile?

Monday, October 14, 2013

A field trip to Stateside

Why most people go to Vermont in the fall.

The Jonny Jay Ski Club had a little off-season get-together last week, with the goal of celebrating a significant birthday for one of our members. That part of the trip is altogether another story. What is relevant to this blog is that we all knew that a pilgrimage "up to the mountain" had to take place, to see what was going on in Construction Junction.

We go to Jay for other reasons but, of course, try to maintain a low profile.
I rode with Pudd and his brother J, who hadn't been to Jay in a while. After getting over our shock at the smooth ride up the freshly paved 242 from Montgomery, we came around the corner and saw the The Hill. Needless to say for this crew, there were a few f-bombs of amazement at our first view of the construction going on at the new Stateside Lodge. Since the Stateside lot is still closed to the public, we parked at the new Mountain Kids Learning Center. The windows we could peer into revealed evidence of an active day-care operation. That was one end of the building. The other - who knows?

We found this in the parking lot of the Mtn Kids Learning Center. Very odd.
The star of the show, of course, was the new Stateside Lodge and Hotel. It is huge. And kind of barn-like, to be honest. And it has fake sugar-shack vents on the roof. Which is of course, appropriate in Vermont, as there are lots of barns and sugar shacks. But for whatever reason, it made me think of a monastery. Sorry, architects, but you have designed a very practical, not ugly, but decidedly monastical structure for the base of this hill. I am sure we will get used to it, though I am am not looking forward to figuring out the new plan of attack. What door do I go in? What table do I stash my stuff under? Are there hooks for my jacket? Will there be cubbies? And wait, what, there are three flights of stairs between the parking lot and where I put on my skis? Sheesh, where is the effing elevator? We are not getting any younger.

The new lodge pretty much dominates the the Stateside landscape.
The biggest discussion started when we hiked uphill of the new lodge, to the base of the previously new Taxi Chair. We imagined ourselves cruising down Queen's Highway, heading to the Bonaventure Chair (now painted green, no longer The Red Chair), or perhaps, with a little more speed, the Jet. The available terrain between the lodge and the lifts is vastly reduced from the old layout, and the downhill skier will be faced with uphill hikers to the Taxi Chair, sidehill sliders to the Bonnie, and downhill traffic from the runs above. On a slow day, probably no big deal. On a busy day, well, we all concluded that there is a cluster-f-bomb waiting to happen.  We shall see.

Surely, some snow will even this out. But it does look a little tight.
If you have read this blog with any regularity, you may have noticed that our little group is a bit reluctant to accept change. When it suits our tastes, we embrace it. When we have it forced upon us, we scope it out, we adapt and we seek out the best in the new situation. There are a lot of Jay skiers like us, and most of them hang out at Stateside. The old Stateside Lodge was the last holdout of The Past at Jay Peak. Now that it is gone, and a new space has been introduced, we have to adapt. Lockers have been booked and passes purchased. Fueled by stoke and history, the spirit of Stateside skiers will prevail and, after some growing pains, find its place in the new layout. Because really, a lodge is just a place to put your boots on, and the real reason we go to Jay is up on the hill.

There is hope, let's just trust that it is not discounted like a t-shirt.


Tuesday, September 3, 2013

Looking forward into the grey area.

"Leaving the City" - by John Rowe
When Newport-based artist John Rowe sat at a traffic light in his adopted Vermont town and imagined the image above, I wonder if he considered what effect it would have on skiers like me. Maybe, maybe not. Artists, of course, make art for a wide range of reasons, and are probably pleased when their work creates unexpected reactions from viewers. Perhaps it is my love of post-apocalyptic themes, exemplified by movies such as Blade Runner, Mad Max and Waterworld, but when I saw John's painting, two things popped into my brain: 1) I had to get a copy (which I did), and, 2) is this the Jay Peak of the future?

Yes, what will Jay Peak become in the grey area of the future? A maze of traffic lights on the 242, elevated parking, synthetic snow in a warmed world, waterparks everywhere and golfer-filled condos aplenty? Probably. With any luck, they'll throw in some mountain biking, because you could do that year-round when the snow stops falling.

Hopefully, that particular future is beyond my lifetime. The immediate future is easier to grasp and still snow-filled. Despite a lingering love for the old Stateside Lodge, our crew has pretty much accepted the fact that the new edition will be an improvement. We like the Taxi Chair and the Sky Haus Deli. Jonny Jay and I had lunch at The Foundry last spring and agreed that it wasn't so bad after all (and quite affordable, compared to regular cafeteria prices). A few of us have even dipped their toes into into the Lazy River and come out alive.

How do we deal with this? How do we go from bitching about development to quietly acquiescing and actually enjoying the results?  We go skiing. We find the chutes, the shots and the not-so-secret stashes, and sometimes, we just cruise the groomers. We take the long view. We appreciate that local businesses like Firsttrax, Sylvester's Market and all the others will thrive with a more year-round attraction. We look back to the Jay Peak of old, the slow double chairs, the Jet T-Bar, the 20 minute lift lines and wonder: was that better? Not really. Though I have to admit, I do cherish the memory of skiing certain untracked runs in "the woods" before they became "glades" and were given names. We will never get that back but it will always be with us. As Utah Phillips said, "Now the past didn't go anywhere, did it? It's right here, right now." As summer wanes and fall creeps in, I have to admit, that right here, right now, I am really looking forward to another winter of skiing at Jay. That is my past and that is my future.

And as for development? All we can hope for is that the powers that be at JPR don't lose sight of the "long memory," a concept that is another gem from Utah Phillips: "...the long memory is the most radical idea in this country. It is the loss of that long memory which deprives our people of that connective flow of thoughts and events that clarifies our vision, not of where we're going, but where we want to go." - U. Utah Phillips

Where do you want to go, Jay Peak?

Monday, April 29, 2013

Final Day??

By Jonny Jay
The classic spring view of the Jet
Although Jay is doing its best to keep things running it looks like Mother Nature may give winter the last blow this week with announced high temps. One Jay source did say they wanted to keep going until mid-May if they could but . . . check on Thursday. 
Good conditions in Beaver Pond!
Skiing was great on the weekend if you timed it right. Triple chair side in the morning and then the big mountain late morning on. Upper Ullrs and Beaver Pond were perfect on Saturday at noon
but they closed it on Sunday because there was a bit of a walk over a few spots on the runout and I guess you could catch an edge in the various small fissures along Kokomo but hey -- it's spring! Jet, Haynes, CanAm, Expo Glade and even the Goat were all in good shape but the bottom runouts could melt away pretty soon.

A great season overall.

Nice snow on Tramside
Excellent coverage on the Vermonter!
RIP, Bonventure Chair
RIP, Stateside Lodge
Jonny Jay says adieu, for now

Thursday, May 24, 2012

Uhh, what, wake up, there's news!

Jay Peak investors buy Burke Mountain:

Powder Mag:
http://www.powdermag.com/latest-news/jay-peak-buys-burke/

WCAX Burlington:
http://www.wcax.com/story/18614019/burke-mountain-sold

Ski the East:
http://www.skitheeast.net/posts/id/1080242739/owners-of-jay-peak-purchase-burke-mountain
(including an exclusive interview with Steve Wright)

This is most likely good news on many levels, especially for Burke Mountain. But what we are really waiting to find out is whether or not our Jay passes will be good at Burke...

Jay East?
Photo of Burke Mountain stolen from Ski the East

Wednesday, April 4, 2012

Stateside meeting: the movies

Remember the famous meeting? Now we can all share the experience. Thanks to MagogFishy on AlpineZone for sleuthing these out, they are kind of buried on Jay Peak's YouTube channel. Who knew about the YouTube channel???

The sound is a bit funny on these, be prepared to adjust the volume.

Part one: http://youtu.be/WXQBFhHUOrU

Part two: http://youtu.be/6ysvqJDLU8k

Part three: http://youtu.be/VU3PgZLJy8Y

Phe interviews: http://youtu.be/EwNP9H8uKXU


For all you development followers, Jay has released a new map of the master plan (warning: large file).
http://www.anr.state.vt.us/imaging/planning/7R0854-12/P13%20-%20Concept%20Master%20Plan%20Version%204.pdf

Some discussion about the map (including me) starts about halfway down this page and rambles on for a while. Further on in the discussion (if you ignore the distracting comments about pizza), FromTheNEK produces some awesome Google Earth renderings of the West Bowl:
http://forums.alpinezone.com/showthread.php?t=90345&page=15

Thursday, March 22, 2012

Alice's Table: a second look in Year Two


A restaurant's opening blush can be like the first outing of a debutante. A new restaurant often sparkles, glitters and soars in the early going. But then like a date in the harsh light of the new dawn, really not the same magic!

But not at Alice's Table. On our recent visit, the hostess and the waiters were cheery, vigilant and helpful. Perhaps they may need a little polishing to serve at a Michelin three star restaurant but to a server, most accommodating and not annoyingly in the way of your conversation.

Often by a restaurants' second year the tables are not cleaned properly, and some crockery, cutlery and glassware show the stress of gracing table after table of ravenous eaters. Not so with Alice's Table: everything is still spick and shiny.

The menu stresses good clean rib sticking food like burgers and wraps and with nice starters. This trip we chose Mexican Quesadillas with savory shaved beef, plenty of cheese, sour cream and salsa and lots of jalapenos. Piping hot and just a great snack.  The perfectly spiced Bloody Mary and peppery Bloody Caesar paired perfectly and sang so loudly you thought you could hear the cries from a Mexican Bull Ring.

Speaking of that, the bill rang in at less then $40 including tip.  No gouging at Alice's Table!

Tuesday, January 10, 2012

The future of Stateside: minutes from the meeting

You can do a lot of thinking when you're out on the tractor blowing snow. First of all, in this lean winter, that's a good sign: I'm blowing snow. When I first started this blog, back in the dim days of 2007, I had no idea where it would go. It started as a fun project to play with on the Interwebz, a good way to encourage some luddite family members to get more comfortable with "life online," and never in a million years did I think it would last this long. So here we are. In the early January of a slow start to winter, SBR and Blue Toes haven't even been to Jay Peak yet. Oh, I had big plans, and even have a midweek pass waiting for me somewhare in the bowels of Customer Service. Others have visited Jay, and their reports have not been that exciting. During Christmas week, I received a text from Pudd: "On the Bonnie. Raining at the bottom, snowish at the top." My sister Sklinda emailed me to say that "we miss you but you are not not missing much." Having said that, everyone had fun, Jay Peak couldn't have picked a better year to open a waterpark and snow is slowly piling up.

But you know, the great thing about Jay Peak these days is that if you can't talk about the skiing, you can always talk about DEVELOPMENT. So, here we go again. There isn't a lot of snow to talk about (though rumour has it there is a good one brewing for this weekend), so let's talk about construction, EB5 and the future of our spiritual home at Jay Peak, Stateside Lodge.

If you pay attention to the official Jay Peak blog (ie. not this one), you may have seen a call for submissions on the subject of the future of Stateside Lodge, the last bastion of the old school at Jay. If you missed it, check it out here, and read ALL the comments before continuing on. Seriously, this is important.

My esteemed brother and elder statesman of our posse (he'll kill me for that), Jonny Jay, took Steve Wright's message to heart and wrote an impassioned email, requesting to be part of the meeting (if you are saying "what meeting?,"  go back and read what I told you to - it's like homework). The email must have struck a chord with Steve, and Jonny Jay was invited to the exclusive think tank.

Since it didn't make it on to the Jay blog comments, I have taken the liberty of posting Jonny Jay's winning email:
Steve:
I echo many of the blog comments and commend Jay for reaching out. I have skied at Jay since the 1960s, having taught with the Raven Ski Club at that time where instructors were encouraged to explore the mountain and give the kids some "mileage" as the best way to learn to ski. I am familiar with the changes, as being one who actually remembers and used the Poma lift and the chair lift that used to ride up to the peak. The only year I didn't ski Jay was 1972-73 when I was at Whistler in its early days. The Stateside "vibe" has always been the attraction for my family (we have a ski house in a small VT town, as does my sister in another small VT town, with her children and grandchildren, and my brother who you will know as Sick Bird Rider) as we like the no-frills aspect of the skiing experience. The family often has three generations of skiers on the mountain and the input is always entertaining when we discuss where the mountain should go. Keep it skier friendly, keep it simple, give the core skier base a place they can call home and want to return to year after year for – are you ready -- the skiing.

Those of us who are diehards yet realists understand the need to develop the resort experience to keep the mountain prosperous but we also hope that you don't lose the Jay magic that keeps so many of us religiously devoted year after year, snow or not as we discovered this past week. We stared at the people in the waterpark a couple of times but still went out to find what little snow there was and made the best of it. Yes, we will go to the water park one day, I suppose, and have some fun, I am sure, but let us remember that it is not what put Jay on the map. As an aside, my 46 year-old nephew was stunned to hear that you took the name of one of our iconic Jay runs to name the water park "Pump House." But I will add that it is a great marketing play. I would be happy to assist in the Stateside planning session on January 9 if you need my perspective as a realistic yet longtime hardcore Jay skier with a multi-generational backup team.
-and he signed his real name
Yesterday, JJ and 11 other committed Statesiders, skiers and snowboarders alike, showed up at Tramside, in the quaint old International Room, to find Steve Wright, Walter Elander, a few other staffers, the architects, along with the posters people had written comments on and a bunch of architectural drawings.


Here is the report, in its full stream of consciousness flavour, only slightly expurgated to protect the innocent. Remember, this is one man's impression. You might not agree with it. That's OK. There were 11 other "stakeholders" there and somewhere on the Internet, they might be putting out their version of events:
I am sure you are all waiting for my report with baited breath! Turns out the cynics in us were partially right because it wasn’t as much a forum about re-vamping Stateside (the Unchangeable as the new marketing campaign says) as it was an information meeting with a chance to discuss.

The bottom line is that the EB5 money – the foreign investment fund where all this investment comes from – does have a few strings attached: surprise, surprise. Not necessarily bad depending on your point of view. For starters, forget about salvaging the old lodge for anything.

- There MUST be a hotel over there, slated at 85 rooms, targeted at the more economical lodger than Tramside;
- There MUST be an 8,000 sq ft Mountain Learning Centre (I asked what that was and apparently it can be whatever they want);
- There MUST be a 12,000 sq ft lodge;
- AND there MUST be a 15,000 sq ft Recreation Centre.
Oh, and an outdoor amphitheatre.

All these are great but certainly not what any of us envisioned for Stateside.

Now I will go back to the beginning with a discussion on the status of the mountain upgrades. Jay will have three distinct base areas, Tramside, Stateside and the West Bowl. These “portals” will each be stand-alone mini ski areas with lodges etc. Lift upgrades are as follows:
- Six person chair to replace Bonnie (this apparently will not work at max capacity to keep the traffic down to only slightly more than today . . .). This chair will take the old Power Line route to where it used to be ending at St Georges Prayer.
- The Bonnie quad will be moved to replace the Jet chair.
- The Jet chair will be moved to (some of us will remember) right of the Bonnie up to Taxi to serve the Terrain Park round trippers and the Rabbit Run/Chalet Meadows crowd.
- The T-bar is gone to be replaced by a Magic carpet.

Now on to the really good stuff. There is a need to expand the mid intermediate/novice terrain and, wouldn’t you know, there isn’t any of that moderate grade terrain left on Tramside because it has all been used for condos! There is a surprise. So making use of the little trails below Taxi and the Queens Hwy will be accomplished with the new short chair. And then the “not set in stone” plan is to add a long wrap around trail to the East of Timbuktu as a nice intermediate trail. Of course that would be great if it were just the occaisioanal skier, but in my mind it will destroy the unique character of that side of the mountain, as well as bring more novice skiers on to advanced terrain as they decide to give Timbuktu a try, or the Kitz, or whatever. My friend B. was also there, as was another Stateside regular, and we all had a few comments on that point - as you can imagine. Not to mention destroying the “secret” stashes over there or the fact that the race crowd, and Pudd, will use it as a downhill training run.

Of course, one of our points was that the West Bowl was supposed to add significant Intermediate terrain. Well, out came the topographical maps and apparently it will be more expert slopes than they thought, hence the need for this trail. Go figure. The West Bowl expansion is in the permit stage and is not expected for at least 43 years – oops that was a typo, 3 years. And there will be a sideways chair that will run from near the top of the Snail to the West Bowl “portal” and back (editor's note: maybe they could build an elevated, covered Magic Carpet, running both ways!).

There was also some discussion about encouraging more racers with an FIS sanctioned trail which apparently can be accomplished by widening the Haynes. On the positive side, this is a great idea to promote the mountain and get the hardcore skiers there. Of course not so great with all those beginners that will be going down this nice wide trail.

Given that there wouldn’t be any development without this EB5 money, the Jay group (and the architect firm in the meeting) does appear to be trying to be sympathetic to the Stateside “vibe” within the parameters, however it is a major development shift. For example, it seems the architecture will be “homey,” either a New England flair or log/post and beam concept. And the hotel will not be placed in an area that blocks the view of the mountain, as the new Hotel Jay and  water park do at Tramside. The Rec centre discussion was interesting because it could be a fitness centre/skate park/rock climbing/etc place – remember it is bigger than an NHL hockey rink (editor's note: and environmental learning centre/art gallery, NEK mountain culture/history centre?).

All in all, it was a very civilized group with a lot of rambling discussion, including the menu of the Stateside lodge. We even discussed Wifi access, which they are all in favour of, and a fireplace and lockers etc. but it all seemed kind of moot once the master plan had been unveiled. Kind of ironic because when you look at the comments on those big posters soliciting comments from everybody about what should Stateside be, the general consensus is: “leave it alone,” “clean bathrooms,” “better food,” “add a stripper pole,” and  “don’t touch the trails.”

So there you go in a nutshell. Once this is out on the blog I would expect there will be some counter reaction. By the way the architect firm is Banwellarchitects.com. They have done several successful ski areas (specifically: Belleayre, NY; Dartmouth, NH; Mt. Sunapee, NH and Sadleback, ME). They seemed like the right guys for the job – they have already planned for lots of cubby holes for the box lunch crowd and it looks like that will be encouraged to a degree.

JJ

Unchangeable? I'm not so sure anymore.

Wednesday, November 9, 2011

More questions and answers with Steve Wright

The AlpineZone forum runs an annual "ski area challenge," in which readers are invited to post questions for ski area managers and, theoretically, the resort people answer. In typical non-typical fashion, Steve Wright of Jay Peak answered the challenge by simply jumping into the discussion. Click here to read the summary of the Q & A, wherein some interesting ideas are thrown around but nothing too earth-shattering is revealed.  Except that the Jonny Jay Ski Club is ready any time to take Steve up on the Sky Haus apartment offer...

Saturday, July 2, 2011

Is Jay Peak becoming McSkiing?

Got your attention, didn't I?

So, what is the answer? Personally, I don't think so, although I'm sure some Jay Peak regulars will disagree. I'm not sure who coined the term "McSkiing" but it is well described in The Death of McSkiing, by former Powder magazine editor Matt Hansen. In short, McSkiing is the situation a resort finds itself in when real estate, amenities, fashion and money take centre stage, and the skiing experience slides into the background.

What is going on at Jay Peak is small change compared to the developments Hansen describes at mega-resorts like Vail, Steamboat and Vermont's own Stowe. These struggling developments, and rescued projects like the Yellowstone Club, only serve to underline the one thing Jay Peak is still keeping at the top of the agenda: the skier.

Editor's note: I wrote this a while ago, just found it again. I'm not sure why I didn't post it earlier but now seems like a good time.

Tuesday, May 17, 2011

The Steve Wright interview on Harvey Road

Just when you had breathed a sigh of relief that I had stopped blabbing about the Northeast Ski Blogger Summit, here is one more installment. JamesDeluxe spent time chatting with Jay Peak marketing guy Steve Wright before, during and after the NSBS. The end result is full of interesting insights into why things are the way they are at Jay, and where things are going. Click the link for the full story:
http://www.nyskiblog.com/2011/05/steve-wright-of-jay-peak-resort.html

Steve W listens as Snoway Steve asks a tough question. MadPat and Matt look on.