Byline: Ilaina Jonas Staff writer
The lush green pasture, barns and houses that greet travelers off the Northway on Route 67 will be placed on the auction block next month when the Saratoga Standardbreds Inc. horse farm is scheduled to go to the highest bidder.
The 247.8-acre horse farm, which filed for protection from its creditors December 1988, will be up for bid in U.S. Bankruptcy Court in Albany 2 p.m. Aug. 7, said Joe Gecewicz Jr., vice president of Norstar Bank of Upstate NY. The bank is one of the chief creditors of the bankrupt horse farm, holding an $8.25 million mortgage on it.
Bidding will start at $3.5 million and build upon $25,000 …
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