(Wine Spectator) - Both wineries have been making wine in New York for 35 years; the sale includes Palmer's 49 acres of vineyards

Paumanok Vineyards is purchasing one of its neighbors, Palmer Vineyards. Both wineries are located in Aquebogue, N.Y., on Long Island's North Fork. Paumanok will acquire Palmer's 60-acre estate, including its 49-acre vineyard, winery and inventory. The sale will close Aug. 1; the price was not disclosed.

"The late Bob Palmer [founder of Palmer Vineyards] and us, we started in the same year, 1983," Paumanok owner Charles Massoud told Wine Spectator. "We've been neighbors for all this time. We've been good friends. It was a very compatible acquisition."

Kathy Le Morzellec, Robert Palmer's daughter, has been working at the estate for 22 years. The property has been for sale since the summer of 2009, a few months after her father passed away. "When my father started this in '83, he envisioned an industry, but he never envisioned an industry as quickly growing as this has been," she said.