Virginia

Major developer faces foreclosure or bankruptcy

By Dusty Smith and Joe Eaton

The largest private landowner in Loudoun County, Virginia, Greenvest LC — the focus of a series of bruising development battles — has defaulted on a $130 million loan, putting the majority of its real estate holdings into a foreclosure auction scheduled for Tuesday at the county courthouse.

Virginia

In victory for builders, sprinkler systems in new VA homes will be optional

By Dusty Smith

Score one for the builders, at least for now. In the midst of a state-by-state battle over fire safety requirements, a panel in Virginia on Monday adopted interim language that essentially continues to makes installation of sprinkler systems optional, rather than mandatory, in all new single-family homes. The panel vote was 9-2 in favor of the status quo. However, the panel will continue the public hearing process before it formally votes on the matter some time next year.

Virginia

Builders fight proposed home sprinkler requirement

By Dusty Smith

Firefighters and sprinkler manufacturers are locked in a fierce national battle against home builders over a proposed requirement for sprinklers in all new homes and townhouses, with a crucial vote scheduled in Virginia early next week.

Virginia

Dealing 'New Jersey style'

Salvatore J. Cangiano enjoys a reputation as a shrewd land speculator and developer, one who isn’t shy about pressing his ownership rights through litigation — “I’m very competitive” — or, perhaps, just by sheer force of will. And pretty much all those descriptors were on display in the rough-and-tumble struggle that ended with him in possession of Wheatland Farms in Loudoun County, Virginia.

Consider this: As Cangiano prepared to go to settlement on the purchase of the spectacular 549-acre property in spring 2005, according to court records, he was unknowingly recorded in a conversation discussing his concerns about contractual obligations the sellers had made, including an obligation to host weddings at the Wheatland Manor House.

“Hey, anybody gives me a hard time, I go there and lock the buildings. I’ll put everybody off the property. I deal New Jersey style. I’ll just lock everybody out. Nobody is allowed here. Go sue me.”

When the Wheatland deal crumbled and dissolved into litigation, Cangiano was asked about the conversation under oath: “I don’t know what ‘New Jersey style’ means. I really don’t know what that means. I deal honestly, morally, and ethically. That’s how I deal. I hope everybody else would.”

Recently, in an interview, Cangiano laughed when asked about the conversation saying: “That was a levity.” Just two guys joking around, he explained.

However, when Cangiano’s attorney asked Ava Abramowitz, the former co-owner of Wheatland Farms, what she understood “New Jersey style” to mean, she testified: “Ask Jimmy Hoffa what ‘New Jersey style’ means. We were petrified. We did not know how to handle this situation.”

“Are you saying you thought Mr. Cangiano was threatening to kill you or your husband?” Cangiano’s attorney asked.

“No,” she replied. “I am not saying that at all. I’m just saying I don’t even think of New Jersey style. He’s a man who does.”

Virginia

The battle for Wheatland

By Dusty Smith and M.J. Zuckerman

The Wheatland Manor House was built 35 years before the Revolutionary War. The farmland surrounding it served as a focal point of a small community during the Civil War and is today a symbol in a new land war, one that has spawned accusations of corruption, fraud, and deception, as developers, preservationists, and politicians wrestle over the future of historic Loudoun County, Virginia.

Virginia

The “soft underbelly” of development?

By Amy Reinink

Diana Johns had just moved into her four-bedroom, 6,500-square-foot Leesburg, Virginia, home in 2002 and was thrilled with its elegant pillars, golf-course views, and expansive, sunny rooms. But the bleating alarm tied to the home’s “nonconventional” septic system signaled that beneath the surface, something was terribly wrong.

Virginia

A curious process for valuing land in Loudoun County

By Dusty Smith

Officials in one of the nation’s fastest growing counties defeated a plan to purchase nearly 100 acres of land, at a cost of more than $200,000 per acre, from the largest developer in the county after the Center for Public Integrity reported that the developer was simultaneously claiming the land was worth only about $35,000 per acre for tax purposes.

Virginia

The $19 million land purchase that wasn’t

By Dusty Smith

In the end, it simply wasn’t worth it. Officials in Loudoun County, Virginia, rejected a $19 million land purchase on Tuesday, following publication by the Center last week of an article revealing that the owner of the land claimed it was only worth about $3.5 million for tax purposes.

Virginia

Route 15 winds through history, development target zones

By Dusty Smith

Halfway between the battlefield at Gettysburg and Thomas Jefferson’s home at Monticello, U.S. Route 15 passes through Loudoun County, an area that may be less known, but is no less steeped in American history.

Over the decades, Loudoun has been a colonial farming community, a Civil War battleground, a second home for presidents and statesmen, and a rural escape for long-haul commuters to Washington, D.C., and its inner suburbs. And like many other historical areas across the country, in Loudoun County preservationists and developers are struggling to determine the future of the land and the character of the county.

In May, preservationists won an important battle, when 175 miles of Route 15 in Virginia became part of the Journey Through Hallowed Ground National Heritage Area — a federal designation aimed at preserving the historic region and promoting tourism. Although the designation does not affect development regulations, it will help to foster pride in the history of the area, said Cate Magennis Wyatt, the founder and president of the nonprofit Journey Through Hallowed Ground Partnership. “Certainly there will be a greater pride in place when Congress and the president say this region is critically important to the telling of the American story,” she said.

The story of the land along Route 15 begins with Native Americans, who traversed what came to be called the Carolina Trail centuries before Europeans arrived and forced them out. Quakers were among Loudoun’s first settlers, establishing settlements in the 1720s in Waterford, Lincoln, Hamilton, and Unison. Germans from Maryland and Pennsylvania, Scots-Irish, Dutch, and English followed.

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