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Perhaps a true sign of luxury living is buying land that will be protected instead of developed. You'll soon have your chance to bid on such a parcel as The Adirondack Chapter of the The Nature Conservancy has announced the listing of 90,500 acres of pristine forestland for sale in upstate New York. The timberland previously belonged to paper company Finch, Pruyn and Co. and, according to listing broker LandVest, "represents the first time in more than a century that these lands have become available on the open market."
The parcels will be available by sealed bidding in 5 sale blocks in acreage ranging from 1,691 acres to almost 60,000 acres. All are subject to a strict conservation easement, though eventually some of the land will be open for hiking, hunting, fishing and other outdoor adventures. See more images that will make you want to flee your desk upon viewing at LandVest's listing page.
Reader Comments (Page 1 of 1)
9-03-2008 @ 11:11AM
Bill said...
So it would appear that being in the possession of a paper company for so long has not been particularly bad for that environment. :-)
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9-03-2008 @ 11:11AM
boulderhorn said...
My family has owned property in the Adirondacks for 70+ years on Brant Lake (near Lake George) and this is some of the most beautiful land on earth. The fall colors, summer breezes and crisp winter air make the Adirondacks and amazing place to be at any time of year. I wish i could afford something like this. While the past 4 generations of my family wouldn't be able to make use of it, those to come would certainly enjoy having a place like this to call home.
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9-03-2008 @ 11:22AM
Spectacular Bid said...
In case it's not clear, The Nature Conservancy acquired the lands in a $110 million purchase last summer which was accomplished in part with borrowed money, including $25 million from the Open Space Institute. TNC hopes this sell off will raise over $35 million.
The Glens Falls, NY based paper firm Finch, Pruyn and Co listed the long held lands somewhat unexpectedly which caused several groups to scramble quickly to acquire it.
The Adirondacks has more then its fair share of strife when land becomes available and what can be allowed with it. From making lands off limits to human access, intentional erasing of historic (and beautiful) "camps", loss of sustainable logging and with it jobs, the elimination of significant chunks of taxable lands to small towns, et al, it isn't as easy as just saying no to 'development'. The concept of preservation is necessary but striking the right balance is difficult.
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