Friday, March 18, 2011

Patricia Kluge

Patricia Kluge

Patricia Kluge Featured in Forbes Magazine
One of Albemarle County's biggest names is being featured in a national publication. Forbes Magazine has put out an article titled "The Rise and Fall of Patricia Kluge".[...]
The Rise And Fall Of Patricia Kluge
Former billionaire spouse turned vintner is now facing foreclosure.[...]
Va. winemaker's painstakingly built empire crumbled in months amid recession

One recent wintry day at the Kluge Estate Winery and Vineyard tasting room in Charlottesville, customers were snapping up cases of red wine for bargain prices at what felt like a tag sale. Refrigerator cases that once held gourmet fare, such as pheasant-stuffed cabbage leaves, foie gras and choco...[...]

Kluge Loses Estate to Bank of America in Foreclosure

Socialite and winemaker Patricia Kluge lost her Charlottesville, Virginia, estate to Bank of America Corp. in a foreclosure auction yesterday.[...]

Kluges Mansion Goes To Bank In Public Auction
Albemarle House, the Charlottesville, Va., mansion that belonged to winemaker and socialite Patricia Kluge, was sold to Bank of America for $15.26 million at auction on Wednesday.[...]
Donald Trump negotiating for Kluge property
"Mr. Trump is very interested," says representative who bid on real estate mogul's behalf.[...]
Trump in talks to buy socialite Kluge's Charlottesville vineyard and estate
Embattled Virginia socialite and winemaker Patricia Kluge may have found a white knight to preserve her Charlottesville empire - real estate mogul Donald Trump.[...]
Trump seeks to buy Kluge house
Donald Trump representatives said they negotiated purchasing more than 200 acres of property surrounding Albemarle House, land held by a trust for Kluge's son, John W. Kluge, Jr.[...]
'A step': Donald Trump wants all the Kluge properties

He got outbid by a bank, but the man known as "The Donald" hasn't given up his quest to buy the properties recently lost by Patricia Kluge. By placing an option on an adjacent property, New York-based real estate tycoon and reality television star Donald Trump may still scoop up all the former Kluge properties, including Albemarle House, the storied mansion that went on the auction block.[...]

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