EGREMONT — Catamount Ski Area is officially under new ownership, with the sale having closed recently at $3 million, according to a representative of the new ownership group and its attorney.
The new owner, Berkshire East Mountain Resort in Charlemont, paid $650,000 for the part of the ski area that is located in Massachusetts, and $350,000 for the land that is located in New York state — Catamount straddles the Massachusetts-New York state line. The remainder of that sum includes the purchase of personal property, including the chairlifts, and the $1.66 million that remains on the resort’s $2.5 million mortgage with Salisbury Bank & Trust Company, according to Attorney William Martin of Pittsfield. Read more about the new ownership of Catamount.>>
