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Black Couple Sells 236-Acre Farm In Upstate New York for $13M, Turning a $4.5M Profit

When Chid Liberty and Georgie Badiel Liberty purchased a 236-acre farm in 2021 for $8.5 million, they had no plans to sell the property. Instead, their only plans were to build a compound and generational wealth. However, the couple and another partner have sold the property for a whopping $13.7 million in an off-market deal. 

The Rhinebeck property (Photo: Courtesy Chid Liberty)/ Georgie Badiel (Left) and Chid Liberty (Photo: Courtesy Chid Liberty)

“The idea was to make [the property] our main residence and do retreats there with impact organizations,” Chid told The New York Post. “We did a bunch of retreats for Equity Alliance and Unreasonable Impact, and hosted our own, with yoga, hikes, and horses. We loved it.”

Buyers Wouldn’t Take ‘No’ for an Answer

Chid and Georgie are both socially conscious entrepreneurs. Chid, originally from Liberia, is the co-founder and CEO of fair-trade apparel manufacturer Liberty & Justice and the Made in Africa label. His wife, Georgie, grew up in the Ivory Coast and Burkina Faso. She is a model, activist, and philanthropist who leads the Georgie Badiel Foundation. The organization’s mission is to bring sustainable environmental solutions such as clean water and sanitation to Burkina Faso. 

The property was never on the market, but when calls from prospective buyers kept coming, the couple and their partner began to consider selling.

“We said ‘no’ at least three times, then named a ridiculous price,” said Chid, thinking a high price would scare away buyers.

(Photos courtesy Chid Liberty)

But one buyer would not be dissuaded.

Although it has not been confirmed, several news sources report that the global luxury brand Six Senses has purchased the property. Six Senses owns hotel properties throughout Asia, Europe and the Middle East. 

A Look At Old Stone Farm

The couple purchased the Rhinebeck property last year from Rameet Chawla, founder of Fueled, an app development company. When the couple purchased the property from Chawla, it had undergone several iterations. With a special use permit, the property had been used as an equine therapy center and was currently used as a luxury hotel. 

Chawla was running the farm as a luxury hotel known as The Dutchess. 

The estate includes a stone house built in 1768 and still has many original details. The home features two bedrooms, four and a half bathrooms, and an artist’s studio. There are eight fireplaces throughout the home as well. 

Also on the property is a 7,200-square-foot barn. Built in the 1780s, it is now used as a 10-room inn and spa. 

With the sale of the property, the couple plans to travel and keep a residence in Brooklyn, New York.

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