A railroad wants to sell 30 miles of tracks in the Adirondacks to help cover million-dollar losses on its tourist train in Saratoga and Warren counties.
The Glens Falls Post-Star (http://bit.ly/1DoUwns ) reports that an Iowa Pacific executive told Warren County leaders on Monday that the company has endured "seven-figure losses" annually as tourist train passenger numbers flatten. He said ridership on the Saratoga and North Creek Railway would have to more than double to break even.
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He said the company's efforts to move freight on the line have also fallen short.
David Simpson of Iowa Pacific said the company would like to sell the 30-mile stretch of railroad tracks from North Creek to Tahawus, which it bought in 2011, to Warren County.
County Board of Supervisors Chairman Kevin Geraghty said the county's not interested in buying the tracks.