Historic WV hotel goes unsold at auction - WOWK 13 Charleston, Huntington WV News, Weather, Sports

Historic WV hotel goes unsold at auction

Posted: Updated:
  • Local NewsLocal News

  • Family escapes fire in East Bank

    Tuesday, May 21 2013 12:18 PM EDT2013-05-21 16:18:28 GMT
    Three people were inside this burning home but managed to get out safely.
    Firefighters are battling a massive fire in East Bank in Kanawha County. A house on Walnut Street went up in flames around 5:15 a.m. Firefighters said two people were home at the time but managed to
    Three escape massive fire in a home on Walnut Street in Kanawha County
  • BusinessBusiness

  • Tuesday, May 21 2013 2:20 PM EDT2013-05-21 18:20:05 GMT
    Single tickets for all Clay Center Presents fall 2013 performances go on sale at 10 a.m. July 1.
    Single tickets for all Clay Center Presents fall 2013 performances go on sale at 10 a.m. July 1.
  • Tuesday, May 21 2013 1:54 PM EDT2013-05-21 17:54:26 GMT
    The West Virginia EDA adopted a resolution to allow $150 million in 20-year bonds for new equipment at Gestamp. The state will own the equipment at first, and Gestamp will pay off the bonds on it.
    The West Virginia Economic Development Authority adopted a resolution to allow $150 million in 20-year bonds for new equipment at Gestamp. The state will own the equipment at first, and Gestamp will pay off the bonds on it.
  • Tuesday, May 21 2013 1:49 PM EDT2013-05-21 17:49:56 GMT
    Entsorga will take waste and separate steel, aluminum and glass, recycle certain types of biodegradable waste and convert it to an end product that can be used to make cement.
    The business, which WVEDA Executive Director David Warner explained was a European technology that takes waste and separates steel, aluminum and glass, recycles certain types of biodegradable waste and converts it to an end product that can be used to make cement.

MARTINSBURG, W.Va. (AP) — The owner of a Martinsburg landmark says he's not too disappointed the Shenandoah Hotel didn't sell at auction.

Maryland-based Gateway Holdings wanted at least $550,000 — the amount owner Ben Fogle still owes the bank for investments he's made in the property. But this week's highest offer was $185,000.

The 77-year-old Fogle said he doesn't want to leave his relatives with a property that's hard to manage.

He tells The Journal it's both a blessing and a curse to keep it.

The five-story building recently housed several businesses on the first floor. Its upper four floors have been closed for several years.

The lobby, dining room and ballroom have hosted several recent community functions.

The hotel opened in 1926 and is listed on the National Register of Historic Places.

 

Copyright 2012 The Associated Press