By james art 
Eastern Burke, Vermont – The last small corner of Vermont is in a special position.
Since 2016, Burke Mountain Resort has been under a receptionist because of the previous owner of the mountain involved in extensive fraud. Since then, Federal successor Michael Goldberg has appointed free time hotels to watch Jay Peak and Burke Mountain, although they have no previous experience with ski resorts. Jay Peak was sold to Pacific Group Resorts, Inc. In 2022, but the Burke Sales process was much more difficult.
It seems that the sale of Burke will happen by the end of 2023 in a report presented in June 2023, Goldberg said they had received a lurking offer for a horse for the ski resort and are expected to sell the ski resort by the end of the year. However, nothing happened. In a report from last June, the process was repeated, with Goldberg saying he had received another offer. By the beginning of 2025, a new owner had not yet been announced.
https://www.youtube.com/watch?v=Vedp8ftjhiq
The northern star monthly, a local magazine in the Northeast Kingdom of Vermont, dived into problems in Mount Burke. He tries to understand why he has not yet gone to auction, which is the next step in the process because Goldberg did not answer questions from them.
The most interesting parts of the article were the parts discussed by the people who were potentially interested in buying Burke. There are dozens of potential parties that have talked to Goldberg, but most have not ended the bidding because of the complex process.
However, several parties stand out. The first is Mark Greenberg, who is a real estate developer. He has a partner who also has an attempt to turn to ski resorts thanks to the extensive investment in snowfall. Greenberg Old North Star Monthly for submitting two Goldberg offers: $ 12 million in 2023 and $ 10 million in 2024. The reduced offer is due to the falling mountain infrastructure. Goldberg said he still offered $ 10 million to buy Burke.
“We have already lost a ski season” Greenberg told North Star Monthly. “We don’t want to lose another. We have to get to work. Each time we lose season, the resort is depreciated…It’s something of love for me. I don’t chase money. I pursue love. I’m a ski dad and I want to turn [Burke] In something to be proud of. “
Another potentially interesting party is Donald Graham, who purchased the ski resort in 2001, who was also in a difficult situation. Graham has not yet made an offer for the mountain and has not made a comment on Vermont’s publication.
The article also mentions that one country is interested in buying Burke and turning it into a private club. However, this concept still seems unlikely, as the President of the Association of Mountain Burke owners said they would “fight this tooth and nails.” Most people who have expressed interest in buying the mountain have ties to the Burke Mountain Academy, a competition school that has developed athletes like Michaela Schiffrin.
The improvements needed in Burke are extensive. At the top of the task list is a new pond for snowfall, as the Vermont Ski Resort currently has scarce access to water. Other problems include a hotel with a lower employment in the industry, the aging infrastructure, maintenance needed, frequent stay lifts and the ski resort is not fully staff. His latest elevator problem refers to his J-Bar, which serves Carter Country Trail. Earlier this month, Burke announced that the J-BAR elevator would not open this season due to mechanical problems. It is generally estimated that the ski resort loses $ 1-2 million each year.
In response to the article, a petition began to change the process of selling the mountain. With more than 650 signatures by the early Tuesday afternoon, the ultimate goal of the petitioner’s importer is to put it on the real estate market rather than pass through the horse horseback bidding process. The persons behind the petition believe this change would be “Not only open the platform for a wider spectrum than stakeholders, but it can potentially help us find a buyer with a vision for the future.”
Click here to read the Mountain Burke article from North Star Monthly.
Image/Video Credit: Burke Mountain, Ski Magazine in Nova England