About Lyme Adirondack Timberlands
In August 2006, The Lyme Forest Fund Limited Partnership (LFF) purchased 276,000 acres in New York’s Adirondack Park from The International Paper Company (IP). The property is comprised of tracts ranging in size from 600 acres to 40,000 acres scattered across nine counties and 34 towns within the Park. The parcels are in the north, south, east and west, ringing the high peaks found in the center of the Park and covering about ten percent of the Park’s privately owned forest land.
Forest Management. The property is operated through a subsidiary of LFF - the Lyme Adirondack Forest Company (LAFCo) - and is third-party certified as sustainably managed under the terms of the Forest Stewardship Council (FSC) and the Sustainable Forestry Initiative (SFI). LAFCo will continue to manage under these guidelines and will work to encourage the growth of higher value sawtimber and veneer grades in order to promote long term value accretion.
Lyme Adirondack Forest Co has completed a working forest conservation easement on its 276,000 acres with the State of New York. The easement will restrict subdivision and further development on the property, provide for certain public recreation rights and require sustainable forestry operations that protect water quality and wildlife habitat and ensure the long term maintenance of the forest resource in an environmentally sound manner. Traditional leases for hunting, fishing and other outdoor recreational activities will be maintained.