Thursday, April 7, 2011

Kluge and Moses Fail to Halt Farm Credit's Absolute Auction: Kluge Estate Winery is Up For Grabs at 1pm Today, April 7

According to auction house JP King, Kluge Estate Winery is "One of the most prestigious vineyards along the East Coast."  And it produces "an assortment of world-class wines."

Patricia Kluge and husband Bill Moses lost their last-minute attempt to stop Farm Credit's absolute auction of the bank-owned Kluge Estate Winery.

The spread is up for grabs in six parcels today, and potential 2012 GOP Presidential candidate Donald Trump has made known his interest in Kluge properties. 

However, Kluge and Moses retain the right to match the $ of the highest bidder and reclaim the land/business.

It never happened while Kluge/Moses were in control of large swaths of Albemarle County, but if Mr. Trump prevails at auction, perhaps Charlottesville really will finally become a "World Class City," as its motto proclaims, rather than the charmingly aspirational if somewhat contradiction-prone  university town that we all love, blessed with the most enthusiastic cheerleading section this side of the Blue Ridge.

No comments: