Greek Peak spends $5 million to ready for ski season

By Kelly McCarthy

December 27, 2013 Updated Dec 28, 2013 at 11:41 AM EDT

Virgil, NY (WBNG Binghamton) The winter's snowy start gives the new owners of Greek Peak Mountain Resort a reason to celebrate. Just eight months after taking ownership, Marc Stemerman and John Meier have put $5 million into capital improvements.

"I'm amazed," Meier said, "Because when Mark and I started this thing eight months ago, we just drew it up on the back of a napkin basically."

Skiers are taking notice to the new improvements.

"It definitely puts Greek Peak out there more as a mountain," said Alex Djafari of Homer.

At the top of the owner's list is the first and only quad lift in central New York. The new lift cuts travel time up the mountain in half and can carry twice as many people.

"It's nice because we've got a family of four here," said Hans Roser of Ithaca, "So we could all ride up and joke around."

Meier and Stemerman said they are keeping a focus on the ski-side of the mountain. That includes spending $1.2 million to tear down the old lodge restaurant and create what is now Trax Pub and Grill.

A new indoor rental shop and repair center wait for skiers, and big investments in snow-making capabilities add extra insurance in case mother nature falls short.

"When you're in a farming-type industry, we're snow farmers now," Stemerman said, "You worry about it, just like you worry about the rain, but we think our investments we made in snow-making will really pay off."

Meier said this season at Greek Peak saw the first November opening in eight years. This weekend Greek Peak plans to have at least 12 of the trails open as well as four chair lifts depending on the weather.

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