Thursday, June 29, 2017

KENSINGTON STABLES IS MOVING CLOSER TO BEING PURCHASED BY NYC



Brooklyn Paper, Stable-ized! Kensington Stables owners working on deal to sell barn to city

"The Parks Department is hammering out a deal to buy Kensington Stables, which it will continue to operate as a public horseback riding amenity."
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Curbed New York, Prospect Park’s endangered horse stables will likely be purchased by the city

"Kensington Stables will stay operating if ownership and the city can strike a deal. [The owners] decided to sell the barn to the city at well below market value instead, to insure it remains in the horse business, according to the family’s real estate agent."

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Windsor Terrace Patch, City Close To Deal To Buy Kensington Stables, Broker Says

"A judge has approved a liquidation plan that would allow the bankrupt property to be sold to the city's Parks Department." 

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Previous posts on this blog about why the stables are being sold:

UPDATED FEBRUARY 21ST AND 23RD: A BANKRUPT KENSINGTON STABLES MAY NOT BE AUCTIONED OFF

THE CITY MIGHT BUY KENSINGTON STABLES

 

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Kensington Stables
51 Caton Place, at E. 8th Street
phone: (718) 972-4588
e-mail: info [at] kensingtonstables.com
website http://www.kensingtonstables.com 
Facebook: https://www.facebook.com/KensingtonStables
Twitter: https://twitter.com/bklynpony?lang=en