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Monday, February 25, 2013

Walter Johnson Memorabilia Auctioned in New York

The family of the famed baseball pitcher and Walter Johnson High School namesake put several prized possessions up for auction Saturday.

The family of famed major league pitcher Walter Johnson placed several of the baseball great's personal items up for sale at an auction in New York Saturday, MLB.com reports. Johnson, who died in 1946, helped the Washington Senators win game 7 of the 1924 World Series, marking Washington's only World Series championship. An untorn ticket to the storied game was one of the items placed on the auction block, according to the report. It had been kept in a scrapbook by Johnson's wife. Bethesda's Walter Johnson High School takes its name from the sports legend, and Bethesda's summer collegiate baseball team "The Big Train" pays homage to Johnson's nickname. Johnson, who owned a farm in Montgomery County, became a county commissioner following …

Wednesday, January 9, 2013

Bethesda Community Store To Stay On; Property Owner Files For Bankruptcy

Auction for site was called off after property owner Greentree Associates filed for bankruptcy,The Gazette reports.

The owner of the property that houses the historic Bethesda Community Store has filed for Chapter 11 bankruptcy, The Gazette reports. An auction that had been set for the property for Tuesday was called off after the bankruptcy filing. The store, a historic site that’s been a fixture in the community since 1924, will continue to operate at the site. The property owner, Greentree Associates in Chevy Chase, wasn’t able to negotiate the terms of their loans with The Harbor Bank of Maryland, Greentree managing member Gary Jaffe told The Gazette. “It’s the bank that’s the problem,” Jaffe told The Gazette. “It’s not the business there.” Read the full story at The Gazette.  

Monday, January 7, 2013

UPDATE: Auction For Bethesda Community Store Property Called Off

It's not clear why the auction for the property -- which houses the Bethesda Community Store -- was canceled.

UPDATE, Jan. 8, 10 a.m.: The auction for the property that houses the Bethesda Community Store has been called off. The cancellation was confirmed by Bradd Caplan, an auction agent with Alex Cooper Real Estate. Property owner Gary Jaffe also confirmed the cancellation, but couldn't speak with a reporter Tuesday morning. It wasn't clear why the auction was canceled. Bethesda Community Store owner Arnie Fainman said the business would continue to operate at the site for now. He couldn't comment further on the auction or foreclosure on the property where he is a tenant. “I just have to keep pushing forward and maintaining the business and keep going, that’s all I can do,” Fainman said. Original story: The property that houses the iconic …

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