The price of Savannah Dhu -- the nearly 4,000-acre Upstate New York retreat owned by the late mall developer and Destiny USA owner Robert Congel -- has dropped by $16 million.
Savannah Dhu, Congel’s hunting lodge, conference center and general get-away in Wayne County was listed on the Select Sotheby’s International Realty website for $65 million when it went up for sale in 2019.
In June, the 3,929-acre property was still listed for $65 million. However, the Saratoga Springs real estate brokerage’s website was listing it for $49 million on Wednesday.
Lou Izzo, co-owner and president of the brokerage, declined to comment on the price drop. A spokesperson for Congel’s company, Syracuse-based Pyramid Management Group, did not respond to a request for comment.
The complex 38 miles west of Syracuse is spread over multiple parcels in the towns of Savannah and Galen. All are owned by corporate entities controlled by the Congel family, primarily through a business called Madeira Associates, according to Wayne County property records.
Congel’s shopping mall empire includes Syracuse’s Destiny USA, the largest mall in New York and one of the largest in the country. The developer died in February at the age of 85 after a long illness.
Congel began buying up land off Noble Road for the complex in the early 1980s and built Savannah Dhu on a private lake as a meeting place, family retreat and hunting preserve for himself and guests.
The main building is a four-story, 25,000-square-foot log cabin with 10 bedrooms, 10 full bathrooms and four half bathrooms, according to Sotheby’s. Amenities include a home theater, wine cellar, horse facilities, galley kitchen, gardens and four fireplaces.
The property also contains a multitude of smaller buildings with additional sleeping quarters and meeting spaces.
The developer held many conferences at Savannah Dhu for employees, consultants and public officials while planning the expansion of his Carousel Center mall in Syracuse into Destiny USA in the early 2000s.
Congel named the winding, private road leading into the complex Attitude Adjustment Road, hoping the drive along the heavily wooded property would encourage visitors to leave the outside world behind and think creatively.
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