On October 24, 2005, Snow Time, Inc. announced it is selling New York’s Windham Mountain ski area to a group of investors with connections to the Windham community.
Snow Time currently owns the Pennsylvania ski areas Ski Liberty, Ski Roundtop, and Whitetail.
According to a news release, Irv Naylor, the owner and founder of Snow Time, Inc., was approached this past summer regarding the potential sale of Windham. The group of investors is described as having a long-term connection to Windham and a strong desire to invest in Windham and adjoining real estate.
“We want to build on the outstanding foundation provided by Snow Time and take Windham to the next level of service and convenience,” said Dan Frank, president of Windham Mountain and a leader of the investment group.
“We intend to infuse significant resources into the resort for the 2006-2007 winter season. It will be an exciting time for the staff, community and our guests,” Frank said.
Other members of the investment group include Dick Jordan, a local developer, and Stu Berelson, an attorney and long-time Windham Skier. The three investors formed a venture called Windham Mountain Partners, LLC, which plans to complete the purchase of Windham Mountain and adjoining real estate by mid-November.
In announcing the sale of Windham, Naylor stressed that Snow Time has no interest in selling its Pennsylvania resorts.
“I have no interest in selling the Pennsylvania resorts, individually or collectively,” said Naylor. “The sale of Windham Mountain will allow Snow Time management to focus its efforts in one state and one marketplace,” he added.
Irv Naylor originally started Ski Roundtop in 1964. A decade later, Ski Roundtop purchased Ski Liberty. New York’s Windham Mountain was purchased in 1981, followed by Whitetail Resort in 1999. In 2004, Irv Naylor was honored with the National Ski Areas Association (NSAA) Lifetime Achievement Award.