ADIRONDACKS A New York City investment group has paid $2 million for former timberland in Edinburg and Providence but has no immediate plans for the property, according to a lawyer who represented the buyer.
Voyager Advisors LLC of Manhattan bought the property in March from Robert J. Sweet Inc. of Warrensburg.
Last June, the lumber company put the land up for sale and local residents and conservationists have been concerned about what might happen with such a large amount of acreage.
The 4,293 acres are primarily in Edinburg, on the south side of Fox Hill Road, though 349 acres are also located in the town of Providence. Of 24 parcels involved, only one parcel has access to a public road, Fox Hill Road.
Edinburg Supervisor Jean Raymond said this week that she had heard nothing about the property beyond seeing the deed had been transferred.
“We’re interested, but we’ve heard absolutely nothing,” she said. “It’s doubtful anyone would want to do much development on that land, it’s two miles into the woods off Fox Hill Road and there are a lot of wetlands in there.”
She said there are no utilities running to the property.
Attorney Nathan Race of Ma-lone handled the buyers’ end of the transaction and said he couldn’t say much about his clients.
“As I understand it, the investors have no immediate plans [for the land],” he said.
This week, Race said he would e-mail his clients for further comment but no response was received as of late Friday.
The land is inside the Adirondack Park and most of the large trees on the tract have been removed for lumber, according to Raymond.
John Sheehan, a spokesman for the Adirondack Council, the Adirondack Park’s largest conservation group, said he’s been trying to learn more about the plans for the land.
“We’ve got quite an interest in this property as a lot of people do,” he said. “Amsterdam’s water supply runs through part of that land.”
Three reservoirs in Saratoga County supply the water to the city of Amsterdam as well as the towns of Amsterdam and Florida.