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42°
Monday, feb 24
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Tribeca, NY
Real Estate
These Long Island Zip Codes Among Top 100 Most Expensive In US: New Rankings
New York is well-represented in brand-new rankings of the nation's 100 most expensive zip codes. Property Shark says it based the rankings on median sale prices based on closed home sales. The Hamptons’ Sagaponack (zip code 11962) and Water Mill (11976) rank as No. 2 and No. 3, respectively, with each just shy of $6 million, behind No. 1 Atherton, California, a San Francisco suburb. NYC remains the top city for expensive real estate, claiming six of the country’s top 100 zips with TriBeCa’s 10013 in the lead at No. 23 nationally. One Westchester County municipality made the To…
News
Bed Bath & Beyond Exec Faced $1.2B Insider Trading Lawsuit When He Jumped To His Death: Report
An executive at Bed Bath & Beyond who jumped 18 stories to his death at the so-called "Jenga" tower in New York City where he lived on Friday, Sept. 2 was facing a $1.2 billion insider trading lawsuit, according to a new report. Gustavo Arnal, age 52, was the company's executive vice president and chief financial officer. Arnal was among several defendants named in a complaint alleging a "pump-and-dump" stock fraud scheme, the Daily Mail first reported. Bed Bath & Beyond, the lead defendant, allegedly made a “materially false and misleading statement” in a Securities and Exchange …
Business
Brand-New Restaurant Gears Up For Grand Opening In Nassau County
A brand-new restaurant that specializes in Indian cuisine is preparing to host its grand opening on Long Island. Mahal, located in Nassau County, is currently in its soft opening phase, with plans for a grand opening and ribbon-cutting during the second week in February. Representatives said the upscale restaurant first opened its doors in the middle of December, and the eatery has been seeing a lot of support from the community, with many guests coming in on the weekends in particular. The restaurant, located at 290 Glen Cove Road in Roslyn Heights, is owned by Chef Santokh Singh, who pr…