New Owners and Operators of Greek Peak Planning to Invest Money into Ski Center
Saturday, March 23, 2013
New Owners and Operators of Greek Peak Planning to Invest Money into Ski Center
The new owners and operators of the Greek Peak Resort in Virgil say they plan to invest money into the ski center, but don’t expect any big changes soon; they still have to close on the deal.

That’s the word from business partners Marc Stemerman and John Meier of Elmira, the two men picked up the resort for $6.7 million in a bankruptcy auction this week. The two men own multiple companies in Chemung County and are long time users of the Virgil resort.

During a press conference they talked about their desire to preserve this vital asset in Central New York and pledged to maintain the 1000 jobs at Greek Peak, and hoped to grow the business in the future.

The two men said they are still getting acquainted with the business and the facility, they joked that they don’t even know where all the restrooms are located yet.

During the press conference which was attended by over two dozen employees and long time supporters of the resort, the two men announced that they would keep former owner Al Kryger and his son Wes Kryger on as part of the management team; tapping into their over 50 years of experience running the resort.

Meier and Stemerman did say they want to hear from customers on how to improve the facility, they acknowledged that some of the chair lifts need to be replaced and mentioned that they are interested in upgrading to a faster quad lift in the future.

The partners also announced they are offering discounted seasons pass for next year season starting at $299 each, with discounts for each additional family member’s pass. They don’t plan to increase single day lift tickets, they also will honor discounts on Hope Lake Lodge condominiums and previously issued water park passes.

Meier and Stemerman say they expect to finalize their purchase on April 21st.
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