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A: Approximately two-thirds of all forested land in the United States is in parcels of less than 1,000 acres; the vast majority are owned by families.
In the late 1980s, for example, changes in Environmental Protection Agency regulations required New York City to either install a water filtration system for more than $5 billion or conserve and maintain forested watersheds in the Catskills, a more natural solution that would cost less than $1 billion (see "Natural Capital," page 26).
Residents were just relieved that Hancock planned to keep the block intact and in a forested state.