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Audit Shows New York’s Olympic Authority Lost Record $50 Million in Fiscal 2025 - SnowBrains

Summary by SnowBrains
Skiers descend the Wilmington Trail off of Lookout Mountain at Whiteface Ski Area,  NY. | Credit: Liam Abbott The Olympic Regional Development Authority, which operates New York’s major ski areas and Olympic sports facilities, posted a record $50.15 million loss in the fiscal year ending March 31, 2025, according to an independent audit by EFPR Group. The authority, based in Lake Placid, oversees Belleayre, Gore Mountain, Whiteface Ski Area, and…
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SnowBrains broke the news in on Tuesday, August 12, 2025.
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