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Northeast

New York’s Deep Hollow Ranch Sells for $11 Million

The country’s oldest working cattle ranch was bought by J. Crew CEO Millard Drexler. The 17.8-acre tract at the easternmost end of Long Island is steeped in history. In addition to its legacy as a cattle ranch, it served as

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Posted in New York, Northeast, Regional News

Northeastern Landowners Get $165M For Natural Gas Rights

A coalition of landowners in one of the country’s emerging natural gas hot spots has reached an agreement to lease 30,000 acres to Fortuna Energy for natural gas drilling rights. The $165-million, five-year deal for Marcellus Shale drilling rights comes out

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Posted in Energy, Eric OKeefe, Feature, Minerals, News Desk, Northeast, Regional News, Topics

Western Massachusetts to Become National Forest?

Former Governor Mitt Romney’s proposal to designate the Berkshires and all of Western Massachusetts as national forest is being considered once again. Massachusetts is one of just six states without national forest designation, a situation the Romney administration sought to

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Posted in Conservation, Eric OKeefe, Feature, Federal Policy, Hunting, News Desk, Northeast, Public Land, Regional News, Topics

Foreign Investors Own Major Stake in Maine

Foreign investors own an interest in 21.2 million acres of U.S. forest and farmland, an amount that equates to just under 1 percent of all the land in the U.S. Every one of the 50 states as well as Puerto

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Posted in Cattle, Eric OKeefe, Farming, Feature, Minerals, News Desk, Northeast, Recreation, Regional News, Texas, Timber, Topics, West

Danish Pension Fund Buys 90,000+ Acres in New York

Published reports indicate that the Adirondack Chapter of the Nature Conservancy has sold 90,593+ acres of the former Finch Paper holdings to a subsidiary of the Danish pension fund ATP. The sale to ATP was handled on a sealed bid

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Posted in Conservation, Eric OKeefe, Feature, News Desk, Northeast, Regional News, Timber, Topics

CNL Acquires Jiminy Peak

Two months ago, CNL Lifestyle Properties snapped up Crested Butte, Okemo, and Sunapee for $132 million. Now the Florida-based real estate investment trust has acquired another ski resort, spending $27 million for Jiminy Peak. Here’s the press release:

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Posted in Eric OKeefe, Feature, News Desk, Northeast, Recreation, Regional News, Topics

Land Report 100er No. 87 Takes the Chair at The Nature Conservancy

Roger Milliken Jr., president and CEO of Maine’s Baskahegan Co., was named chairman of the board of The Nature Conservancy, one of the world’s largest conservation organizations. The announcement was made earlier this month. Milliken, whose family’s company owns more than 100,000

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Posted in Conservation, Eric OKeefe, Feature, News Desk, Northeast, Topics

CNL Lifestyle Properties to Pay $132 Million for Crested Butte, Okemo, and Mount Sunapee

CNL Lifestyle Properties, an Orlando-based real-estate investment trust (REIT) will announce today that it is acquiring Crested Butte Ski Resort in Colorado (pictured), Okemo Mountain Resort in Vermont, and Mount Sunapee Ski Resport in New Hampshire from Triple Peaks LLC

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Posted in Feature, Golf, News Desk, Northeast, Recreation, Regional News, South, Topics, West

Chesapeake Gets $3+ Billion Injection for Marcellus Shale

So the bottom has fallen out of the energy markets and commodity prices are dropping even lower. Next step? Time to welcome the overseas investors. Remember, folks, we’ve got trillions of dollars of assets tied up in land, and all

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Posted in Energy, Eric OKeefe, Feature, Midwest, Minerals, News Desk, Northeast, Regional News, South, Topics

Lowest Property Taxes in U.S.? Alabama

Alabamans pay on average just $477 per person in property and real taxes. That’s one of the many conclusions of this 64-page background paper from the Washington-based Tax Foundation that was released earlier this month. But you already knew that because you

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Posted in Eric OKeefe, Feature, News Desk, Northeast, Regional News, South, Taxes

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