Rayonier Forest Resources has sold 130,659 acres of forest located almost entirely in the Adirondack Park for $57.5 million to a client of the timberland investment management organization Molpus Woodlands Group. The land is located in St. Lawrence, Clinton, Franklin and Lewis Counties.
The land has traditionally been used for logging and some of the purchase is under New York State conservation easement which allows for fishing, private camp leases, and motorized recreation. Some of the state’s easement provides public access to a 200 feet corridor along more than 26 miles of the Grasse River’s north and middle branches, along with access to about 16 miles of Grasse River tributaries and local roads and snowmobile trails. » Continue Reading.