Tupper Lake, NY, Jun 13, 2011 — In Tupper Lake, the latest round of hearings into the proposed Adirondack Club and Resort has been focusing on economic questions about the project. Developers Michael Foxman and Tom Lawson hope to build hundreds of condos and mansions, along with a new ski area, marina, equestrian center and other amenities. The price tag for the project is roughly $500 million.
Some business leaders in the village say they're satisfied that the company has laid out a realistic plan for building the expansive resort. But some resort experts, state officials, and local government leaders in Tupper Lake say they still have questions about how the project will be financed and how enough buyers will be found for the new homes. Brian Mann has our story. Go to full article