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Sunday, dec 22
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Moorestown, NJ
Real Estate
Entrepreneurs Struggling To Sell $27M South Jersey Mansion Prepare To Auction It Off
A massive South Jersey mansion that had been listed for just under $25 million is weeks away from being auctioned off. The home at 2801 Riverton Road in Moorestown was listed for a reserve price of $10 million with Kevin Steiger of Kurfiss Sotheby's International Realty. The 40,000-square-foot mansion is owned by pharmacological entrepreneurs Calvin and Orsula Knowlton, who had been struggling to find a buyer, Steiger confirms. The mansion epitomizes opulence with multiple elevators, four floors, six fireplaces, a pub or tavern, a home gym and sauna, pu…
Real Estate
Tech Genius' $5.5M Mansion Hits New Jersey Market
A mansion inspired by Hindu architectural philosophy and once owned by a tech mogul is up for sale in Burlington County. The six-bedroom, 11-bathroom home is listed for $5.5 million and is located on Tom Brown Road in Moorestown, according to a real estate listing from Compass Realty's Melissa Young. The 11,250-square-foot home was designed by Indian American tech mogul Dinesh Desai, the founder of Emtec who died in March, according to his obituary from Wooster Funeral Home. The home is compliant with Vastu, a Hindu system of interior design that intends to create…
News
Extradition Approved For 'So I Raped You' Gettysburg Student, Report Says
Almost three years after a warrant was issued for the arrest of a Pennsylvania college student's accused rapist, he was taken into custody in France, numerous outlets reported in May. Despite his appeal to not be extradited, a court ruled that he will be sent back to Pennsylvania for a trial, according to a release on Monday, July 8, AP reported. Ian Thomas Cleary, 31, who has been living in Europe for several years, was taken into custody in Metz in April 2024 a prosecutor told previously Associated Press. Cleary was accused of raping Gettysburg Co…
Business
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
A major retailer primarily located in malls and headquartered in Pennsylvania is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. The company, headquartered in Pennsylvania outside Pittsburgh, had first filed for bankruptcy in 2003, and then for a second time in 2017, when it closed around 400 stores. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. rue21 has locations in …
Real Estate
Majestic Mansion Selling For $25M In South Jersey
A seven-bedroom, 10-bathroom mansion is for sale on 7.7 acres of land in Burlington County. The 40,000-square-foot home in Moorestown, listed by Sothebys Real Estate, also features majestic staircases, a spacious kitchen and a bar with a billiards table. It's selling for $24.95 million. There are six fireplaces, a home theatre, a gym, an indoor pool and multiple elevators servicing four floors. There's also a wine cellar and chapel/meditation room for quiet time. The listing reads: "Artisan builders have utilized modern technology and the finest materials in developing a legacy home that …
News
Update
: Woman Who Shot, Killed Younger Sister In Little Ferry Captured By NJ State Police
UPDATE: A 27-year-old Florida woman was charged with murder for killing her younger sister with a point-blank gunshot to the head in their mother's Little Ferry home, authorities said. Angielly Dominguez, 27, was headed south on the New Jersey Turnpike in her boyfriend's Ford Mustang early Tuesday evening, March 22, when State Police nabbed her in Cherry Hill, nearly 90 miles from the scene of the sororicide, law enforcement sources confirmed. There were five guns in the trunk of the vehicle, which her boyfriend had reported stolen along with the weapons, they said. Dominguez had driven …
News
NJ Couple Charged By Feds With Making Slaves Of Illegals
A South Jersey couple forced a pair of undocumented immigrants into slavery by threatening to expose them, federal authorities charged. Bolaji Bolarinwa, 47, physically abused both victims while threatening to turn them in if they didn't comply, U.S. Attorney Philip R. Sellinger and Civil Rights Division Assistant Attorney General Kristen Clarke said in a joint statement. Bolarinwa "knew that both victims had entered the United States illegally and harbored them from detection for her own financial gain," it says. She also confiscated both of their passports and visas, the statement says. …
Real Estate
Ben Simmons Lists Philadelphia, South Jersey Homes
Philadelphia 76er Ben Simmons is outta here. The point guard has listed his Moorestown, NJ and Philadelphia residences. Simmons recently asked to be traded, despite having four years left on his $177 million contract. He purchased an all-black farmhouse in Los Angeles for $17.5 million. The first residence go on the market was Simmons' Philadelphia condo. The high-rise home in the Ritz-Carlton Residences is listed for $3.1 million. Simmons also apparently listed his Moorestown, NJ home. Here’s a picture of the for sale sign outside Ben Simmons’ residence in Moorestown. pic.twitter.c…
Business
South Jersey Accountant, 80, Sentenced For Embezzling $2.5M From Employer, Prosecutor Says
An 80-year-old accountant from Burlington County is going to state prison for allegedly stealing more than $2.5 million from his employer, authorities said. Charles Esposito of Hainesport was sentenced to five years in prison for embezzling millions of dollars over a 14-year period, according to Burlington County Prosecutor Scott Coffina. The octogenarian was working as an accounting manager in Moorestown, NJ, when the alleged thefts occurred, Coffina said. The alleged thefts were uncovered by Oldcastle BuildingEnvelope Inc., which has offices and production plants in o…