New auction date brings uncertainty for future of Kensington Stables

Posted: Updated:
PROSPECT PARK -

A new fall auction date brings uncertainty for the future of the Kensington Stables.

Last February, News 12 Brooklyn reported that the stable was facing a bankruptcy sale. Since then, the owners worked on a deal with the city to save the stable from shutting down.

That plan is said to have fallen through, and the bankrupt stable owners are now seeking a deal on Nov. 8 rather than selling the barn to the city.

“It’s difficult to work with the city because they have a lot of paperwork and approvals that they have to go through,” says owner Walker Blankinship. “It takes a lot of time, much longer than we were expecting.”

“Parks is disappointed in the outcome of this deal,” says a New York City Parks Department representative. “We want the stables to remain a useful public amenity and will continue to work toward that goal."

News 12 told no one is ruling out a potential agreement with the city just yet.

Kensington will be running business as usual, with lessons and rides available until the auction.

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