A rash of recent headlines suggest serious trouble for the various EB-5 development initiatives of Bill Stenger and Ari Quiros.
As we wrote in a February comment:
The new hotel and conference center at Burke Mountain is ready to open after recently receiving state Certificates of Occupancy.
But unpaid bills to general contractor Jerry Davis are keeping doors to the impressive new facility closed.
Grand openings have been repeatedly delayed as developer Bill Stenger has dealt with never-ending series of setbacks. Those headaches have exacerbated the financial torment of a calamitous lack of snow and visitors this winter.
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