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State buys easements on 89k acres of Finch land

December 30, 2010
Adirondack Daily Enterprise

ALBANY (AP) - New York is paying $30 million to conserve 89,000 acres of Adirondack timberland scattered among 27 towns.

The purchase prohibits development and establishes perpetual public rights to several snowmobile trails and some new hiking and fishing access.

The largest tracts are in Long Lake, Newcomb and Indian Lake. Lumbering will continue.

In 2007, the Nature Conservancy paid $110 million for 161,000 acres of former Finch, Pruyn & Co. timberland. Then, last year, it sold 92,000 of the acres to ATP Timberland Invest, a Danish pension fund.

This week, the nonprofit group sold the conservation rights on all but 3,000 acres of it to the state.

The conservancy plans to sell another 65,000 acres directly to New York for the protected Forest Preserve.

 
 

 

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