Portfolio

Lyme Adirondack Forest Company

In 2006, The Lyme Forest Fund acquired approximately 278,000 acres of land in New York’s Adirondack State Park from International Paper. The property comprises the second largest private forestland ownership in the state of New York and includes some of the region’s highest quality sugar maple stands as well as a diversity of other hardwood and softwood species. The property also includes frontage on a number of scenic rivers and access to undeveloped ponds and lakes in the Adirondacks.

Lyme helped conserve the property through the sale of a working forest conservation easement to the State of New York in 2007. Key conservation partners included The Conservation Fund, Coastal Enterprises, Inc. and the New York State Department of Environmental Conservation. During its ownership, The Lyme Forest Fund sold approximately 45,000 acres of the property.

In 2015, The Lyme Forest Fund sold the Lyme Adirondack Forest Company (LAFCo) to an insurance company. Lyme continues to serve as the investment manager for the property. LAFCo employs fifteen people full-time and one part-time employee. Eric Ross serves as the General Manager. The office is located at: Lyme Adirondack Forest Company LLC, 123 Quaker Road, Suite 107, Queensbury, NY 12804.

Property Information

FSC Certified and SFI Certified

Location
New York
Acreage
234,000
Lyme Adirondack Forest Company