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Prospect Park’s for-sale horse stables may get a boost from the city

The city wants to enter into talk to purchase the ailing property, sources say

PropertyShark

Prospect Park’s endangered horse stables, the last of their kind in the borough, may be saved by the city. Kensington Stables at 55 Caton Place hit the auction block last month, but a source tells Brooklyn Paper that the city’s Economic Development Corporation may vie to buy the property, with plans to transfer ownership to the city’s Parks Department to maintain the site as stables.

EDC isn’t the only party interested in the site, Brooklyn Paper says. An unnamed group is in talks with the Kensington Stables owners to purchase the property. Their plan allegedly involves develop the site into something similar to Manhattan’s Mercedes House, where rentals top the NYPD’s Mounted Unit.

The lawyer for the Blankinship family, who own the stables, says the Blankinships will likely act in their best interest, rather than the community’s, when deliberating the sale.

Councilman Brad Lander, in whose district Kensington Stables fall, announced in February that he wouldn’t back a zoning variance for the property for a plan that didn’t include horse stables on the site. “[T]he community strongly supports the preservation of a horse stable at this location, and...bidders should be clear about this expectation,”he wrote.

The location of the stables—one block from Prospect Park and just west of the parade grounds—makes it a contender for a high-end residential redevelopment.

Prospect Park

Prospect Park, Brooklyn, NY 11215 (718) 965-8951 Visit Website

Mercedes House

555 West 53rd Street, New York, NY 10019 Visit Website