Between the late 1950s and the early 1990s Plattekill Mountain was owned and operated by the Hinkley family. During those 33 years the ski center gained the reputation of having some of the steepest and most challenging terrain in the region. After a number of warm and dry ski seasons - and following a costly real-estate development project that had failed - the property went into foreclosure and ownership was taken over briefly by the Small Business Administration in 1992.

By 1993 there were a number of parties interested in buying Plattekill Mountain - and on April 30, 1993 the property was purchased for an undisclosed amount via a sealed bid by Mr. Lászlo Vajtay who was a former instructor and life-long skier at Plattekill Mountain.

Over the years the mountain has undergone numerous improvements including modernization of its existing snow making systems and grooming equipment as well as the installation of a Hall Double Chair that originally was installed in 1977 at nearby Belleayre Mountain to replace an aging Hall T-bar, which had been installed in 1961.

Today the resort operates year round as a ski area in the winter and, in summer, has become a popular venue for weddings. Telemark skiing is popular here, and it is one of the few resorts that offers both Telemark lessons and rentals of Freeheel equipment.