Hilco Global Auctions Bankrupt Hudson Valley Quarry with 66M Tons of Reserves
Event summary
- Hilco Global is auctioning a 198-acre quarry in Woodbury, NY with 66.2M tons of aggregate reserves via bankruptcy sale
- The property includes five fully permitted parcels currently operated by Speyside Sand & Stone
- Strategic location near NYC and major infrastructure corridors supports high demand for construction materials
- Bids due August 14, 2026 with court approval required through Eastern District of New York bankruptcy case
The big picture
This sale highlights the strategic value of permitted aggregate operations in constrained development markets like the Northeast, where infrastructure investment continues to drive material demand. The quarry's proximity to major population centers and transportation networks makes it particularly attractive amid tightening supply conditions for construction materials.
What we're watching
- Infrastructure Demand
- How $3.6B in NY state infrastructure spending will impact aggregate material pricing and quarry valuations
- Regulatory Barriers
- Whether new quarry development restrictions will increase value of existing permitted operations
- Bid Competition
- The pace at which strategic buyers vs. financial investors emerge for this Northeast mineral asset