New York Times: Preservation Groups Find Bargains in Housing Bust
The Trust for Public Land is helping to purchase this 46-acre property in Little Egg Harbor, N.J., for $3.5 million.
It will become part of the adjacent Edwin Forsythe National Wildlife Refuge.
Photo credit: New York Times
From the Florida Everglades to the bluffs overlooking the Deschutes River in Oregon, conservationists are snapping up prime property for preservation, often at a fraction of what the asking price was at the real estate market’s height. On Wednesday, the threatened bog turtle got a reprieve when conservationists scooped up 166 acres of marshland in Frankford Township in northern New Jersey, where developers had planned to build luxury homes. Hours later, city officials and environmentalists in Boise, Idaho, were rejoicing as they closed a deal to protect 1,300 acres of wooded foothills beloved by local hikers.