BDDW's Stone Barns for Sale in Hudson River Valley
An incredible property in the Hudson River Valley has come on the market at an extremely recession-friendly price. New York-based handmade furniture company BDDW is relocating to Philadelphia and putting their bucolic headquarters up for sale. The 147-acre property is located just north of New Paltz in Ulster County, and features two incredible stone barns totaling 30,000-sq.-ft., a 1,500 sq. ft. farmhouse and a creek, all for just $1.9 million. The stone barns were built at the turn of the century by architect Julian Burroughs for Colonel Oliver Hazard Payne, Civil War sharpshooter, democrat, wealthy industrialist and philanthropist, to house his thoroughbreds. They were subsequently used as a school for boys and passed back into private hands before BDDW acquired them.
[via A Continuous Lean]
Reader Comments (Page 1 of 1)
Spectacular Bid Oct 29th 2009 9:13AM
A great find!
I recall when these barns were for sale earlier in this decade and the price was at or below at $1M mark for the list price. The sad thing is that as graceful as this complex is without a working purpose it becomes a white elephant. There is almost now way (or logical one) someone could convert to a residence and that area simply isn't upscale (nor wants to be) for premium condos. It would be lovely if it could revert to being a stable but the market is awash in a glut of trophy horse properties as it is.
It was the perfect venue for an industrial arts company such as theirs.
In 2009 one could never build such a lovely, solid and imposing series of stone buildings for $1.9M million today so it is a bargain and a charming one at that.