I re-read the article http://www.freeminds.org/history/listofgbmembers.htm on the organizational restructuring and stopped at a WT sub-organization called "Valley Farms Corporation". I googled for this organization and found in google cache an article http://66.102.9.104/search?q=cache:7KhTMAKzP-MJ:www.villageofnewpaltz.org/Min1999/72899.html+%22Valley+Farms+Corporation%22&hl=de (hope the link works)
These are the minutes of a regular meeting of the VILLAGE BOARD OF TRUSTEES in 1999.
This is the part where the Valley Farm Corporation is mentioned:
Trustee Zeisel reported that she spoke with Garry Thomsen regarding the idea of leasing lands of the Valley Farms Corporation and fields northerly of Route 299 adjoining the Wallkill River for the purpose of developing a public parking lot. He said that it would be an expensive proposition. Mayor Nyquist suggested that a meeting be set up to discuss this with the owners and Attorney Zand.I wonder if the WTS was willing to lease the land. Be reminded that they are now erecting hundreds of appartments in NY without any apparent need. Maybe they are concentrating on this business.