CircularCircular

Invest in a
Regenerative Future

Scalable, carbon-positive agritourism hospitality platform with institutional-grade returns.

Target IRR
20%
Multiple
4
Hold Period
7 years
Asset Type
Platform: all PropCos and OpCos
Location
Livingston Manor, NY and Armonk, NY
Minimum
$100K
Capital Raised6%
$2.7M raised$43.0M target

Circular Platform is a vertically integrated regenerative hospitality operator anchored on a 121-acre working farm in the Catskills and a two-location restaurant brand in the Hudson Valley. Two operating assets sit under a single holding company: Livingston Farm, the 121-acre agritourism property in Livingston Manor, NY (Sullivan County) — combining a working regenerative farm, a farmhouse rental in place, and an entitled program for a lodge-style resort and a small collection of ownership residences; and Flybrook, a two-location restaurant brand from Executive Chef Roxanne Spruance — a full-service New American room in downtown Armonk (Westchester) on a fully entitled site currently under design, and a farm-based gathering place at Livingston Farm.

The Platform is the roll-up: land, F&B, and lodging on one balance sheet. Guests eat at Flybrook Armonk, drive up for a meal from the same kitchen at the farm, and — over the next 36 months — stay overnight in the lodge or buy a residence on the same land whose produce is on their plate. Farm feeds restaurant, restaurant fills the lodge, lodge sells the residence — the loop is the business model.

We underwrite the Catskills / Hudson Valley corridor as one of the most durable second-home and weekend-leisure markets in the Northeast: 1–2 hours from Manhattan, with a luxury flagship already in the ground at Auberge Wildflower Farms (Gardiner, NY — named the #1 Resort in New York by Travel + Leisure 2025) and an announced pipeline that includes 1 Hotel & Homes Hudson Valley, Soho Farmhouse Hudson Valley, and Six Senses Hudson Valley. The sophisticated hospitality capital underwriting this corridor is a strong tailwind for the Platform, at a Sullivan County cost basis most operators cannot replicate today.

Highlights

  • 121-acre regenerative organic farm anchoring the platform, with 20 acres in active cultivation
  • Vertically integrated across land, F&B, and lodging under a single holding company
  • Two-location restaurant brand from Executive Chef Roxanne Spruance — Flybrook Armonk fully entitled and under design, plus Flybrook at Livingston Farm
  • Catskills / Hudson Valley corridor — 1–2 hours from Manhattan, Auberge Wildflower Farms open plus an announced pipeline of 1 Hotel & Homes, Soho Farmhouse, and Six Senses
  • Existing revenue in the ground: farmhouse short-term rental and an active hosted-events, catering, and farm-dinner program at Livingston Farm
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Underlying Holdings

Livingston Farm — rolling fields with the Catskill mountains beyond

Livingston Farm

121 regenerative acres in the Catskills

Livingston Farm is a 121-acre former dairy property in Livingston Manor, NY (Sullivan County), operated today as a working regenerative farm and agritourism destination. Twenty acres are under active cultivation — agroforestry, rotational grazing, an orchard, and a market garden — with more than 1,500 native trees and shrubs planted to date. The balance is open pasture, hemlock and hardwood forest, and mountainside habitat that supports resident bald eagles and year-round wildlife.

The property already generates revenue. A newly renovated three-bedroom farmhouse operates as a year-round short-term rental, and the farm runs an ongoing program of hosted events, catering, and farm dinners across the season. The next phase adds a lodge-style boutique resort and a limited collection of ownership residences, sited around the existing trail network and farm infrastructure. Downtown Livingston Manor — a two-hour drive from Manhattan and one of the Catskills' most established weekender towns — sits within walking distance of the farm gate.

  • 121-acre former dairy in Livingston Manor, NY (Sullivan County) — two hours from Manhattan
  • 20 acres in active regenerative production; 1,500+ native trees and shrubs planted
  • Working revenue in place: farmhouse short-term rental and an ongoing hosted-events, catering, and farm-dinner program
  • Next phase: a lodge-style boutique resort and ownership residences on the balance of the land
  • Walkable to downtown Livingston Manor, a leading Catskills weekender town
A Flybrook long-table farm dinner at Livingston Farm

Flybrook

One kitchen, two rooms — downtown Armonk and the farm

Flybrook is the Platform's restaurant brand — a two-location New American concept from Executive Chef Roxanne Spruance built around ingredients grown on Livingston Farm and across the Hudson Valley. The Armonk location is a full-service restaurant and bar planned for downtown Armonk, NY (Westchester) — new construction on an approved site with entitlements in place, currently under design. The room draws material and detail from the historic barn at Livingston Farm, carrying architectural elements from the Catskills property into a Westchester downtown storefront. The second location, Flybrook at Livingston Farm, is a farm-based gathering place on the 121-acre Catskills property, home to the farm's hosted events, catering, and farm-dinner program.

One kitchen, two rooms. The two locations sit inside separate real estate but share a supply chain, a chef, a brand, and — through the reclaimed barn elements — a material story. The farm at Livingston Manor grows the produce, herbs, and eggs that show up on the plate at both. The Armonk site anchors year-round revenue in an affluent Westchester downtown; the farm room anchors experience and drives lodge and residence demand upstream.

  • Two locations, one kitchen: Armonk (new construction on an approved, fully entitled site, under design) plus a farm-based gathering place at Livingston Farm
  • Executive Chef Roxanne Spruance — award-winning New American cuisine
  • Armonk design draws material and detail from the historic barn at Livingston Farm, tying the two rooms together physically
  • Farm-to-table supply chain: produce, herbs, and eggs grown on Circular's own 121-acre Livingston Farm
  • Fully entitled Westchester site provides a defined near-term construction milestone

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