Ten years ago, Sir James Goldsmith put up for sale Diamond Occidental Forest's 7
Ten years ago, Sir James Goldsmith put up for sale Diamond Occidental Forest's 790,000 acres of timberland in Maine, and to date 82 percent of the acreage has been sold for between $120 million and $146 million. The lands have been divided into small parcels for hundreds of buyers, and liquidation harvesting has occurred on many tracts purchased by independent logging contractors. The result of the land sales is a more fragmented forest and wildlife habitat, and in many cases environmental degradation. Environmentalists, saying such a pattern of property sales will quickly erode remaining wilderness values, have petitioned the Maine Legislature to set aside from a development around 4.5 million acres of forest land. Details; list of Diamond sales; related article on the results of a Diamond sale to Fortin & Redmond Associates, which acquired and clearcut land in Sweden, Lovell, Hiram, Fryeburg and Stow.
Forests and forestry
Austin, Phyllis, "Ten years ago, Sir James Goldsmith put up for sale Diamond Occidental Forest's 7" (1997). Maine News Index – Maine Times. 2303.