The New York Comptroller’s office has rejected the state’s planned purchase of 1,220 acres in the Catskills, calling the price too high, but has approved buying two small Finger Lakes and conservation rights to 89,000 acres of Adirondack timberlands.
Comptroller Thomas DiNapoli’s office says $6.3 million the Department of Environmental Conservation was offering for the Big Indian parcel by Belleayre Ski Center is $1.4 million above market value and should be renegotiated with developer Crossroad Ventures.
It says $30 million the DEC plans paying for conservation rights to the former Finch, Pruyn timberlands is below market value by $3 million, while $13.6 million for Canadice and Hemlock lakes is in line with the market.
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