Long Island land rush draws investors

Article Abstract:

A group of Chilean wine executives recently purchased a Long Island winery for $2 million. It is the first significant foreign investment in the region, but industry analysts expect more in the near future. The region has a Bordeaux-like climate, proximity to the New York City market, and offers something different for Europeans looking for a change from California wines.

Forecasts, trends, outlooks, Wines, brandy, and brandy spirits, Wineries, New York, Wine, Wine industry, Long Island (New York)

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Napa Valley's happy days

Article Abstract:

A description of events at the 2000 Napa Valley Wine Auction in California which raised $9.5 million for local charities is presented. The funds raised are distributed mainly to healthcare organizations.

California, Fund raising, Napa Valley

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Currency crisis spurs bargains

Article Abstract:

Wine buyers found many excellent bargains at the season's opening commercial auctions. Prices were down from 1992, and UK currency problems aided buyers. Christie's and Sotheby's sales are detailed.

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