Hale Brook in the Observer Dispatch


Uticaod

Want to lease some land in the Adirondacks?

Philip A. Vanno

Posted Apr. 18, 2015 at 7:30 AM

More than 11,000 acres of previously privately held land in the high peaks-area of the Adirondacks is open for leasing after it was sold by a Remsen-based real estate agency for $11.3 million.
Hale Brook Forest LLC, a limited liability company from Delaware purchased the land from an undisclosed private seller and plans on offering the property to the public for long-term recreational leasing while managing it for sustainable forestry.
Nick Polce, owner/broker of Gateway Properties of Upstate New York, said his agency sold the property after only four months on the market.
“These kinds of holdings are just not common in our area,” said Polce, who has been in the land and timber business for 31 years. “It’s the largest timber tract we have handled in my career. The leasing has not started yet … but when it does, it will present some great opportunities for people.”
The tract of land spans the three townships of Jay, Lewis and Chesterfield in Essex County and consists of a multitude of hiking trails, several lakes, ponds, streams and brooks which are accompanied by a string of camps all accessible from a network of interior roads.
Follow @OD_Vanno on Twitter or call him at 792-5074.