The New York Times just published a deep look at where Wellington's equestrian economy is headed, and it's worth reading in full, because the numbers involved say a lot about the pressure this village is under.
This is not the portfolio of a horse show operator. It is the portfolio of a real estate developer, one for whom the horse show is, at this point, a means to an end.
Wellington is at a defining crossroads. And what happens in the next few years will determine whether this village remains what it was built to be, or becomes something unrecognizable.
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