This 2,000-acre Catskills development site just hit the market for $22M

The property in Sullivan County is fully permitted with approved plans

TRD TRI-STATE /
Apr.April 23, 2019 03:30 PM
Lost Lake Resort in Sullivan County (Credit: Nicklaus Design)

Lost Lake Resort in Sullivan County (Credit: Nicklaus Design)

Lost Lake Resort in Sullivan County — which has approved plans for the largest subdivision ever approved in New York state — is seeking buyers.

Josh Goldflam, co-founder of Manhattan-based Highcap Group, is marketing the property, which is asking $22 million.

The property in the town of Forestburgh spans 2,079 acres in the Catskill Mountains and is fully permitted, according to the listing. The completed project would include 2,577 home lots, 30 single-family cottages, 40 multi-family buildings, and a 32-room inn. The gated community would also have an 18-hole golf course, a boat dock, a 1,000-acre wildlife preserve and access to private rivers and streams.

Amenities at the planned community would have a clubhouse, a restaurant and bar, an 8,000-square-foot conference center, a spa and fitness center and a pool and bath house. Tennis courts will also be on the property, along with a sales office.

The project was first pitched in late 2007 by upscale resort builder and golf course development firm Double Diamond Companies, which is selling the property. Double Diamond, based in Dallas, Texas, has built gated subdivision resorts in Pennsylvania and Texas, but has faced numerous delays in upstate New York.

The site is close to the Monticello Raceway & Motor Club, as well as the Resorts World Casino.


Related Articles

arrow_forward_ios
Softbank CEO Masayoshi Son (Credit: Getty Images)

SoftBank’s $3B payout to WeWork’s investors is delayed

From left: The Blau and Berg Company's Karine Blanc, TD and Partners' Nana Duncan and Lemor Development Group's Kenneth Morrison (Credit: Blauberg, TD+Partners and Lemor)

Black developers say partnerships aren’t always equal

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

85 4th Avenue in Brooklyn (Credit: Google Maps)

New details of Boerum Hill’s next big project unveiled

TF Cornerstone president Frederick Elghanayan and 595 Dean Street (Credit: CityRealty, Google Maps)

TF Cornerstone’s Prospect Heights two-tower project unveiled

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

arrow_forward_ios