Earlier today, the Burlington Free Press posted an alarming story on its homepage. It quoted Michael Goldberg, the attorney currently operating Jay Peak and Q Burke, as saying the resorts were almost out of money and might permanently close.
I saw that, had the predictable “WTF” reaction, and wrote a post immediately.
The Free Press’ story was a stub, the industry term for a short urgent item that will be updated when more facts become available. And boy, what an update.
The full story confirms that the two resorts are cash-poor — but there’s still plenty of potential for their future, and Goldberg says he will “find a way to keep Jay Peak open, and open Q Burke Hotel in the fall.” He adds that there are already two high-profile hotel chains sniffing around Q Burke.
Well, that’s kinda different.
The Vermont Political Observer. 