Business

No action: Landmark Hotel construction at a standstill
Published on Feb 3rd, 2009
41 comments Is there anybody out there? A lone workman stands atop what remained of the Landmark Hotel crane Friday afternoon. By day's end, the crane was gone with the hotel presently unfinished and future...
Roadside signs under attack by County
Published on Feb 2nd, 2009
1 comments Signs illegally placed in the public right-of-way (the subject of an old Hook cover story) may be yanked and the perpetrators penalized beginning February 17, according to an enforcement action...
Smith links Landmark to disgraced Merrill man
Published on Feb 1st, 2009
0 comments How is Charlottesville's hotelus interruptus related to the disgraced Merrill Lynch CEO? Via designer-to-the-stars Michael S. Smith, a favorite of hotel owner Halsey Minor. But Smith's $1.2 million...
Senate committee kills booze store privatization
Published on Jan 31st, 2009
0 comments A proposal to end Virginia's monopoly on liquor sales and move, as its sponsor put it, "into the post-Prohibition era,” has died in a General Assembly committee, according to media reports. The...
Snap o' the day: Look out below!
Published on Jan 30th, 2009
1 comments A lone workman peering from high above the Downtown Mall stands atop what remained of the Landmark Hotel crane at around 2:30pm on the afternoon of Friday, January 30. The only crew on the...
Landmark Hotel crane coming down
Published on Jan 27th, 2009
3 comments Landmark Hotel crane, we hardly knew ye. A mere seven months after this addition to the downtown skyline first wowed passers-by, the crane will be coming down on Friday with the hotel unfinished,...
State senator wants to privatize booze stores
Published on Jan 24th, 2009
17 comments State Senator Mark Obenshain has introduced legislation that would end Virginia's monopoly on liquor sales by selling off its so-called "ABC" stores, according to the Harrisonburg daily paper. Maybe...
Sliced: Endowment losses cut Jefferson Scholarships
Published on Jan 20th, 2009
3 comments Jefferson Scholars Foundation president Jimmy Wright will have fewer scholarships to hand out this year. FILE PHOTO BY JEN FARIELLO In the wake of the University of Virginia's $1 billion-plus...
Circuit City shorts out
Published on Jan 16th, 2009
2 comments A month after closing its Charlottesville location, Richmond-based electronics retailer Circuit City announced today that it is liquidating all of its assets, and its 30,000 employees will now find...
Obama hires Landmark's decorator
Published on Jan 14th, 2009
4 comments Last March, Halsey Minor announced the interior of his nine-story Landmark Hotel was to be designed by Michael Smith, the Los Angeles-based designer-to-the-stars who has also worked on the homes of...
Urge overkill? New mag born as others die
Published on Jan 13th, 2009
20 comments Urge had already debuted in Richmond, Petersburg and Fredericksburg before its fourth issue hit the newsstands in Charlottesville in December. The forecast for print media only gets worse. Media...
Landmark mess: Hotel construction scales back
Published on Jan 13th, 2009
10 comments On the morning of Tuesday, January 13, a skid steer loader fills in a hole with gravel, prepping the site for an alleged 60-day abandonment. PHOTO BY LINDSAY BARNES Two sources tell the Hook that...
Wedding video may doom alleged defrauder
Published on Jan 9th, 2009
0 comments Richmond businessman Edward Okun will stand trial in federal court in March on charges that his company, the now defunct 1040 Tax Group, defrauded 577 clients of $152 million, by pocketing their...
Princeton joins UVA in big endowment losses
Published on Jan 9th, 2009
0 comments Two months after the Hook reported that UVA lost more than a billion dollars' worth of its endowment in the recent market meltdown, the New York Times reports this morning that Princeton University...
Unlettered capitalism: Circuit City has yanked its signs
Published on Jan 1st, 2009
20 comments Eager shoppers swarmed the store in the final days. FILE PHOTO BY HAWES SPENCER The Circuit City location in the Albemarle Square shopping center has closed, and, according to a witness, the giant...
New tussle: Minor sues another auction house over artwork
Published on Dec 29th, 2008
7 comments Seen here at the April groundbreaking of the Landmark Hotel, Internet entrepreneur Halsey Minor also has a lawsuit pending against Sotheby's in a dispute over payment for $16.8 million worth of...
Rock bottomed: Glassner Jewelers to stop sparkling
Published on Dec 17th, 2008
8 comments Glassner Jewelers will soon vacate its primo Barracks Road location, and close stores in Roanoke and Staunton. PHOTO BY LISA PROVENCE This summer, when a wedding ring lost for 25 years turned up in...
DuPont-- er, Invista-- sheds 210 jobs in W'boro
Published on Dec 11th, 2008
0 comments Nylon maker Invista, formerly a DuPont subsidiary, is handing out 210 pink slips in Waynesboro due to the worldwide slowdown in demand for carpet. This brings recent layoffs at the Invista plant to...
Migration migrates: "Not a viable business model," say owners
Published on Dec 10th, 2008
3 comments Migration: A Gallery is the latest downtown art store to bite the dust, joining Sage Moon, whose last day selling art is today. After not quite three years in Charlottesville, Migration shuts its...
Bitter ousting: Minor fires Danielson from Landmark project
Published on Dec 5th, 2008
15 comments Halsey Minor (left) and Lee Danielson (right) were far chummier when they broke ground on the Landmark Hotel in March with Mayor Dave Norris. FILE PHOTO BY JAY KUHLMANN "I am the former developer of...