“We’ll figure something out, either a partnership or a sale,” ownership leader Michael Foxman said. “It’s a pause, if you will.”
After spending millions on litigation and permitting, the developers began road construction last fall after securing final permits. The regulatory process with the Adirondack Park Agency and defense of a lawsuit and appeals by Protect the Adirondacks and the Sierra Club contributed costs that reached $10 million, said Foxman. Concerns by the environmental groups resulted in the developers cutting fifty-three sites on steep slopes from the plan.