Jay Peak Resort is an American ski resort located on Jay Peak in the Green Mountains, between the Village of Jay and Montgomery Center, Vermont. Its vertical drop of 2,153 feet (656 m) is the eighth largest in New England and the fifth largest in Vermont. Although mostly located in the town of Jay, Vermont, part of the resort, including the summit of Jay Peak, the Jet Triple Chair area and much of the Big Jay backcountry descent, is located in the town of Westfield, Vermont. The resort is just 4 miles (6.5 km) south of the Canada–United States border, above which is the Province of Quebec. Jay Peak Resort is owned and operated by a group of investors headed by Bill Stenger.
On April 14, 2016 Jay Peak and sister mountain, Burke (QBurke) have been seized by Government officials amid ethics complaints. The SEC issues a press release entitled: "SEC Case Freezes Assets of Ski Resort Steeped in Fraudulent EB-5 Offerings". Documents related to the case and the complaint are online at the SEC. On April 25, 2016, The Burlington Free Press reports the resort has almost no working capital and that the resort management and lawyers are scrambling to avoid immediate closure. The resort's liquidity issues have been resolved and the resort's operations are stable. The resort is fully operational.
The resort opened for skiing in 1957, and it now includes year-round activities. The mountain offers 78 trails served by nine lifts. It receives the most snowfall of any ski area in the Northeastern U.S. In 2008 the property was valued by the town of Jay at slightly over $12 million.
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