Opportunity to Acquire a 198± Acre Quarry in Hudson Valley Through Bankruptcy Sale
The Hilco Global Real Estate Practice has announced an exciting opportunity for investors and developers alike: a 198± acre aggregate quarry located in the scenic Woodbury, New York. This property is currently undergoing a sale process through U.S. Bankruptcy Court, making it a rare investment choice that could yield significant returns, particularly considering the ongoing demand for aggregate materials in the region.
This expansive site is not just large; it holds an impressive estimated 37.3 million tons of aggregate reserves, along with an additional 28.9 million tons of probable aggregate. Such figures clearly establish the property as a crucial mineral asset in the Northeast, which is increasingly sought after due to escalating infrastructure development needs. Currently operated by Speyside Sand & Stone, the quarry is fully permitted, ensuring a smooth transition for any incoming buyers. It specializes in greywacke, a type of rock that is especially suitable for construction purposes, producing various coarse and fine aggregates that conform to the New York State Department of Transportation (NYSDOT) standards. This compliance allows materials to be utilized effectively in a host of applications, from road construction to asphalt production and concrete manufacturing.
Geographically, this quarry is strategically located along New York State Route 32, with direct access to major urban centers in the Northeast, including Albany, White Plains, and even New York City, which is roughly 50 miles south. The prime location offers logistical advantages for distribution, efficiently servicing some of the most dynamic construction markets in the region. Additionally, the site's connectivity to Interstate 87 (New York State Thruway), Interstate 84, and Route 17/I-86 further enhances its attractiveness to potential buyers and investors.
The Hudson Valley region, coupled with the New York metropolitan area, continues to show strong economic growth, bolstered by substantial public and private investments in infrastructure. In 2025 alone, New York State allocated around $3.6 billion for roadway and bridge enhancements, including important projects on Interstate 87 and State Route 17 within Orange County. Recently announced initiatives promise to bring even more investment into the area, including a noteworthy $63.5 million toward infrastructure work in the Mohawk Valley, Southern Tier, and Western New York, along with another $146 million dedicated to Long Island roads and bridges. All these developments indicate a solid demand for aggregate materials necessary for supporting state-wide infrastructure.
Each mile of interstate constructed necessitates over 38,000 tons of aggregate materials, making locally sourced stone from operations like this quarry indispensable to transportation infrastructure and regional growth. Hilco Global's Director of Real Estate Brokerage, Jonathan Cuticelli, emphasized the unique opportunity that awaits potential investors: "This offering allows the acquisition of a long-lasting aggregate resource in an area where developing new quarries is becoming increasingly challenging. Given the hefty reserves available, the strategic location in a growing county, and the scarcity of permitted performance sites in the Northeast, this sale is an investment with enduring value potential."
The sale process has stipulations tied to the U.S. Bankruptcy Court (Eastern District of New York, Case No. 8-2670730-spg, regarding Speyside Holdings, LLC), and is supported by Cuticelli, a licensed NY broker. The deadline for bids is set for August 14, with submissions required to follow the approved Purchase and Sale Agreement, available on the Hilco Global real estate sales portal. Interested parties are encouraged to reach out directly for specific participation requirements. For additional details or to access due diligence documents, prospective buyers should contact Cuticelli directly or visit HilcoRealEstateSales.com.
As Hilco Global continues to enhance its services, it stands out as a diversified financial services entity focused on maximizing value in complex real estate transactions. With its extensive operational footprint across various sectors, including real estate and manufacturing, Hilco Global is well-positioned to facilitate meaningful transactions that can aid companies in navigating distressed situations while enhancing long-term enterprise value. Operating from Northbrook, Illinois, the company involves more than 810 experienced professionals aiming to deliver optimal results for clients across four continents.
This expansive site is not just large; it holds an impressive estimated 37.3 million tons of aggregate reserves, along with an additional 28.9 million tons of probable aggregate. Such figures clearly establish the property as a crucial mineral asset in the Northeast, which is increasingly sought after due to escalating infrastructure development needs. Currently operated by Speyside Sand & Stone, the quarry is fully permitted, ensuring a smooth transition for any incoming buyers. It specializes in greywacke, a type of rock that is especially suitable for construction purposes, producing various coarse and fine aggregates that conform to the New York State Department of Transportation (NYSDOT) standards. This compliance allows materials to be utilized effectively in a host of applications, from road construction to asphalt production and concrete manufacturing.
Geographically, this quarry is strategically located along New York State Route 32, with direct access to major urban centers in the Northeast, including Albany, White Plains, and even New York City, which is roughly 50 miles south. The prime location offers logistical advantages for distribution, efficiently servicing some of the most dynamic construction markets in the region. Additionally, the site's connectivity to Interstate 87 (New York State Thruway), Interstate 84, and Route 17/I-86 further enhances its attractiveness to potential buyers and investors.
The Hudson Valley region, coupled with the New York metropolitan area, continues to show strong economic growth, bolstered by substantial public and private investments in infrastructure. In 2025 alone, New York State allocated around $3.6 billion for roadway and bridge enhancements, including important projects on Interstate 87 and State Route 17 within Orange County. Recently announced initiatives promise to bring even more investment into the area, including a noteworthy $63.5 million toward infrastructure work in the Mohawk Valley, Southern Tier, and Western New York, along with another $146 million dedicated to Long Island roads and bridges. All these developments indicate a solid demand for aggregate materials necessary for supporting state-wide infrastructure.
Each mile of interstate constructed necessitates over 38,000 tons of aggregate materials, making locally sourced stone from operations like this quarry indispensable to transportation infrastructure and regional growth. Hilco Global's Director of Real Estate Brokerage, Jonathan Cuticelli, emphasized the unique opportunity that awaits potential investors: "This offering allows the acquisition of a long-lasting aggregate resource in an area where developing new quarries is becoming increasingly challenging. Given the hefty reserves available, the strategic location in a growing county, and the scarcity of permitted performance sites in the Northeast, this sale is an investment with enduring value potential."
The sale process has stipulations tied to the U.S. Bankruptcy Court (Eastern District of New York, Case No. 8-2670730-spg, regarding Speyside Holdings, LLC), and is supported by Cuticelli, a licensed NY broker. The deadline for bids is set for August 14, with submissions required to follow the approved Purchase and Sale Agreement, available on the Hilco Global real estate sales portal. Interested parties are encouraged to reach out directly for specific participation requirements. For additional details or to access due diligence documents, prospective buyers should contact Cuticelli directly or visit HilcoRealEstateSales.com.
As Hilco Global continues to enhance its services, it stands out as a diversified financial services entity focused on maximizing value in complex real estate transactions. With its extensive operational footprint across various sectors, including real estate and manufacturing, Hilco Global is well-positioned to facilitate meaningful transactions that can aid companies in navigating distressed situations while enhancing long-term enterprise value. Operating from Northbrook, Illinois, the company involves more than 810 experienced professionals aiming to deliver optimal results for clients across four continents.
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