The defunct ski area was sold to a group of former Hermitage Club members.
Friday, March 20, 2020, NewEnglandSkiIndustry.com
Haystack was sold via virtual auction today, closing the door on the embattled Jim Barnes era of ownership.
According to Ski Area Management, a group of former Hermitage Club members acquired the ski area and related assets for $8,060,000. The purchase included all of the lifts, the lodge, a golf course, and multiple inns. A fleet of snowguns was previously sold to Vail Resorts.
Berkshire Bank filed a foreclosure complaint in February 2018, with some $16.5 million owed by the company for its lavish new base lodge. The filing paved the way to the appointment of receiver Alan Tantleff. The bank is hoping to auction off the assets this summer.
Located in the Deerfield Valley near Mount Snow, the Hermitage Club features the Haystack ski area, a golf course, and numerous inns and restaurants. Hermitage founder Jim Barnes acquired the defunct Haystack ski area in October 2011 and soon installed two new SkyTrac fixed grip quad chairlifts. An 80,000 square foot lodge was constructed for 2014-15 and a $7.3 million Doppelmayr heated, high speed detachable six person chairlift for 2015-16. In addition, the ski area also has a CTEC triple and a Poma triple.
