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As Logging Fades, Rich Carve Up Open Land in West
October 15, 2007 /
William P. Foley II pointed to the mountain. Owns it, mostly. A timber company began logging in view of his front yard a few years back. He thought they were cutting too much, so he bought the land.
Mr. Foley belongs to a new wave of investors and landowners across the West who are snapping up open spaces as private playgrounds on the borders of national parks and national forests.
By KIRK JOHNSON
Full Story: http://www.nytimes.com/2007/10/13/us/13timber.html?_r=2&ref=todayspaper&oref=slogin&oref=slogin
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Posted in: Regional Economic Development
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