Monday, November 12, 2007

Max Yasgur's Legacy for Sale

Max Yasgur's homestead (including his residence, farmhouse, calving barn, and over 103 acres) is currently on the market at the listing price of US$8 million. The historic property was officially placed on the market in August.

Yasgur, a dairy farmer who became a cultural icon for allowing 40 acres of his Bethel farm to be used in August 1969 for "The Woodstock Music and Arts Festival," was celebrated in Joni Mitchell's song, "Woodstock," popularized on Crosby, Stills, Nash & Young's Deja vu album with the following words:


"I'm going on down to Yasgur's farm.
I'm going to join in a rock n' roll band."

Woodstock's original site, located two miles from the farm, is now home to the US$70 million Bethel Woods Center for the Arts and features top-rated pop, rock, jazz and classical performances. The farm for sale on Yasgur Road, however, was the site where Woodstock began, as producer Michael Lang and Max Yasgur signed the contract in Yasgur's kitchen that made the legendary festival possible.

For over 10 years, the current owners have hosted the annual Woodstock Reunions at the farm. Reunions are held as far away as South Africa, Australia and Europe, but none are as renowned as the Bethel gathering. The yearly festivities have attracted thousands of visitors from all over the globe to celebrate the spirit of the 60's. What started as a small-scale event became a lucrative business venture that could be expanded to include a commercial campground and music venue. Preliminary surveys, engineering and architectural maps are available for serious inquiries.

Whatever the properties eventual use, the owners believe that now is the ideal time to sell the property because the foreign market for American properties is now so attractive given movements in exchange rates favoring non-U.S. buyers. Canada, in particular, enjoys a strong dollar and easy access to the upstate New York region, as the highway to Bethel is currently being upgraded to a Federal Highway designation (Interstate 86).

With the 40th anniversary of the Woodstock Festival less than two years away, the current owners hope a new owner will plan something fitting for that milestone at the farm.

This property is listed exclusively by Brett Joshpe of Joshpe Real Estate Co. Inc.

For additional information, visit www.YasgurForest.com or call +1-718-873-6327. Information on Max Yasgur, his key role in Woodstock and a picture of his now available property, can be found at www.wikipedia.org/wiki/Max_Yasgur.

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