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Article: OLYMPIC VILLAGE REVIVAL 'GOLD RUSH' HITS LAKE PLACID.(Main)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- January 15, 1989
CopyrightCOPYRIGHT 1989 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Vinod Chhabra Staff writer
Soon after the 1980 Winter Olympics, this tiny Adirondack village quietly tucked in the shadow of Whiteface Mountain was mired in an economic bog. The Games had come and gone, leaving behind little more than a wider road into town, a couple of clinical-looking hotels, and fading hope.
The Athlete's Village in nearby Ray Brook
was about the most tangible benefit. It had been turned into a minimum-security prison, providing some jobs in a region with soaring unemployment.
The iron-ore mines in Essex County were sealed in the '70s. Logging was down to a crawl. Tourists had few reasons to come by.