Owners of stables look to sell

Carriage horse industry may finally give in to developers’ offers

TRD New York /
Dec.December 07, 2014 05:00 PM

Ahead of Mayor de Blasio’s vow to abolish the carriage horse industry, stable owners are reluctantly considering selling their properties.

So far, owners of the four remaining stables, located on the far West Side in Midtown, have seen and declined lucrative offers from developers. But experts say they would be wise to sell sooner than later, according to the New York Daily News.

“Any competent lawyer is going to say to these guys ‘Look, you’re out of options. You’re either going to sell now or you’re going to be leaving money on the table,’ ” one real estate attorney told the Daily News.

The four remaining stables are: the Clinton Park Stables, located on 52nd Street near the Hudson River; the West Side Livery stable on West 38th Street; the Central Park Carriages on West 37th Street between 10th & 11th Avenues; and the Chateau Stables at 608 West 48th Street.

De Blasio’s ban will be introduced in the City Council this week. [NYDN] Christopher Cameron


Related Articles

arrow_forward_ios
When Bill de Blasio announced the end of his campaign, the industry reacted largely with relief but not surprise (Credit: Getty Images and Pixabay)

De Blasio’s campaign is dead, and real estate is happy

Gary Barnett says luxury market is crowded, WeWork IPO woes continue: Daily Digest

The blackout impacted a 42-block stretch of Manhattan between the Hudson River and Fifth Avenue (Credit: Getty Images)

Con Ed still searching for answers in Manhattan blackout

Mayor Bill de Blasio and Rikers Island (Credit: Getty Images)

Real estate development not coming to Rikers Island, mayor says

Mayor Bill de Blasio and Frank Carone (Credit: Getty Images)

City tapped De Blasio donor to take over foreclosed properties

NYC is on the hunt for an Amazon replacement in Queens

Bill de Blasio and The Oval Office (Credit: Getty Images)

“It’s gonna suck for us”: Real estate sounds off on de Blasio’s presidential bid

Mayor Bill de Blasio and Commissioner Steven Banks and 127-03 20th Avenue (Credit: Getty Images and Google Maps)

Critics sue to block College Point homeless shelter

arrow_forward_ios