Posted Friday, November 19, 2010 12:21 PM | Contributed by Jeff
CNL, in a Wednesday filing with SEC, said the company is “currently negotiating an orderly termination of our leases with PARC and expect to transition those properties to new third-party operators during the off-season.” The decision apparently comes after PARC defaulted on its lease and loan obligations in October 2010, according to the SEC filing.
Read more from The Daily News.
Wow, bummer. I thought they were doing a pretty good job with the park this summer.
My author website: mgrantroberts.com
We had a great time at our first ever visit to Darien Lake in mid-October...already want to return....hope it all works out!
I have only been to DL once. We had a good time, but it seemed like they were trying to pinch every penny till they make Lincoln bleed.
Before you can be older and wiser you first have to be young and stupid.
Dave, I never felt that way when I visited Darien Lake this past October. I can say I feel the way you did when visiting Cedar Point and most of its properties, but Darien Lake gave us such a deal, the extra 1 hour drive compared to going to Cedar Point in the Fall was still worth it. I plan on returning to DL again next year, and it may become an annual fall getaway for the foreseeable future.
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