Thursday, March 20, 2008

Nature Conservancy Sells land in NY

Television channel 13 (CHAM) in Albany NY reported on 3/19/08 that The Nature Conservancy has sold more than 15,000 acres of rural land in New York State to private owners this month for $1.2 million. No information was available on the profit made by The Nature Conservancy on the land deal nor whether taxpayer funds had been previously been used to acquire the property. The Nature Conservancy is under fire worldwide for selling land that had been donated or purchased with taxpayer funds to private and commercial entities at substantial profits. Worldwide revenues from land deals topped $1.3 billion in 2007 making The Nature Conservancy the world’s largest real estate broker.

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