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Convenient doubts?

January 27, 2012
Adirondack Daily Enterprise

To the editor:

We have read recent statements made by some of the lobbyists who oppose the Adirondack Club and Resort and who, apparently realizing they have failed in their effort to prevent the ACR permit, are attempting to discourage prospective homebuyers, investors and businesses from coming to Tupper Lake by questioning the likelihood of success of the ACR.

The ACR opponents have questioned its revenue projections. Those questions were rhetorical and invite only questions in response. For example, how can they know how large the homes will be or the quality of the finishes we will offer? Do they know if the kitchen counters will be marble or Formica, or whether the fireplaces will be real stone or faux, or the floors will be inlaid hardwoods or carpeted, or the walls will be wood paneled or drywall? If the permitted footprint is 2,400 square feet and the maximum building height is 40 feet, a one-story building could be less than 2,400 square feet and a three-story building could be as much as 7,200 square feet. Do size and quality affect price?

In the same vein, what is the difference between a good hotel and a five-star hotel? Does a Four Seasons charge the same rates as a Holiday Inn a street away? Do the two offer the same level of service? Do the opponents know the quality of service we intend? Do buyers pay more where they expect five-star service? Why do people pay the rates of the Point or Musha Cay?

The lobbyists have pointed to past sales in Franklin County as though that will determine the future. What is the relevance of historic prices when there never has been a comparable resort community in the area? Why ask about the number of sales when there has been no supply? Why doubt the appeal of Franklin County when its beauty and climate have attracted America's most famous and wealthy families for more than a century?

In reality, the lobbyists do not know or care how we will position ourselves in the market, what we will build, when we will build it or what the market will be like when we are selling. They would argue that we will sell too fast if they thought that would stop us and the economic opportunities we will create for the Park residents. If any of your readers doubt that, they are wrong. It is exactly what the lobbyists argued when we entered the gauntlet. They said we would sell so quickly that the sudden influx of buyers would change the character of the community.

Our partners and we have no crystal ball, but what we do have is the land and the opportunity to develop the only resort of its kind in the Adirondack Park, one of the most beautiful and desirable areas in the world.

Michael D. Foxman

Elverson, Pa.

Thomas C. Lawson

Tupper Lake

 
 

 

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