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Black Couple Sells Their 236-Acre Farm in Upstate New York to Developers for $13.7 Million

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Chid Liberty and Georgie Badiel-Liberty, a husband and wife from Rhinebeck, New York, are said to have sold their 236-acre farm for $13.7 million. They’d owned the upstate property for nearly a year after purchasing it for $8.5 million in 2021.

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Chid is a Liberian entrepreneur, co-founder, and CEO of the fair-trade apparel manufacturer Liberty & Justice and the Made in Africa label, and his wife Georgie is a fashion model, activist, and philanthropist from Burkina Faso. In 2021, they paid $8.5 million for the farm in a distressed transaction.

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After nearly a year, the couple reached an off-market agreement to sell the biodynamic farm to Six Senses, one of the world’s most luxurious hotel brands, for $13.75 million. The property is rumored to be redeveloped into a resort.

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A 3,600-square-foot stone house built in 1768 and maintained with original details can be found on the 236-acre property. It has eight fireplaces, two bedrooms, four and a half baths, and an artist’s studio. There’s also a 7,200-square-foot barn from the 1780s that has been converted into a 10-room inn and spa.

The couple purchased the property in partnership with a friend. It was originally intended to be used as a family compound that they could pass down to the next generations.

“The plan was to make [the property] our primary residence and host retreats with impact organizations,” Chid explained to the New York Post. “We did several retreats for Equity Alliance and Unreasonable Impact, as well as our own, which included yoga, hikes, and horses. It was fantastic.”

They had no intention of selling the property, but they received numerous calls from potential buyers. They turned down at least three offers before settling on a “ridiculous price.”

They have relocated to Williamsburg and are spending more time traveling now that their previous home has been sold. They are also planning future business ventures and charitable contributions.

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Written by How Africa News

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