Charity Buys Last Large Swath of Adirondacks
June 20, 2007 | Read Time: 1 minute
The Nature Conservancy has bought a 161,000-acre swath of wilderness in the Adirondack mountains for $110-million in a move to protect the land from future development, reports The New York Times.
The land’s owners, a privately held paper company — Finch, Pruyn and Company — negotiated an agreement with the sale to allow selective timber cutting for 20 years, the paper reports.
The company first raised the idea of selling the land to the charity just six weeks ago. The move ensures that the last large piece of privately owned land in the Adirondacks will stay intact, said Henry Tepper, director of the charity’s New York State office. The property includes 80 mountain peaks, 70 lakes and ponds, white-water gorges, and secluded bogs, the Times reports.
The Nature Conservancy will begin a major fund-raising effort to cover the purchase price and plans to meet with interested parties over the next year and a half to discuss land management. The charity has protected more than a half million acres in the Adirondacks since 1971, the paper reports.
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