NYRA Buys Sugar Maple Farm

[classhandicapper]

Congratulations to NYRA on this purchase.

I own a home close by in Poughquag, NY. It's a beautiful farm in a beautiful area. It sounds like NYRA has some great plans for it.

https://www.bloodhorse.com/horse-rac..._medium=social

[ScottJ]

Beyond brilliant purchase by NYRA, but not just for Sugar Maple. The tract is 466 acres, while Belmont itself is 430 acres. At $12M, you have just bought a major tract BETWEEN New York City and Saratoga that can guarantee the longer term health of the franchise. Think about the possibilities.

[foregoforever]

"NYRA, through a wholly owned subsidiary, has acquired a large parcel of land in Duchess County, N.Y., known as Sugar Maple Farm," said NYRA vice president of communications Pat McKenna.

Could one of our legal eagles please explain the purpose of the wholly owned subsidiary in all this? Is this a way of keeping NY state out of the management of this site? And is someone going to pop up claiming that since NYRA is a state-run organization, this land really belongs to the state?

I sure hope not, but nothing ever seems to be simple in NY.

[JustRalph]

Now all they have to do is purchase about 10,000 horses and they can get rid of the trainers