A portion of New York City City’s Upper East Side, which supposedly boasts citizens such as billionaire Glenn Dubin and hedge funder John Paulson, has actually been riddled with a current uptick in criminal activity, including a weekend gunpoint robbery spree, cops stated.
The New York City Police Department’s 19 th Precinct manages the Upper East Side in between East 59 th Street and East 96 th Street, explained by the NYPD as “among the most largely inhabited suburbs in Manhattan.”
Over approximately the past month, the precinct has seen robberies increase 286%compared with the very same duration last year, with 27 reported occurrences, the precinct composed on Twitter. Five of them were gunpoint break-ins.
The 19 th Precinct has actually seen 14 gunpoint burglaries so far this year. In all 2019, it reported four.
Three gunpoint break-ins were reported over a one-hour period just last weekend– a group of 4 people struck on East 73 rd Street, then downtown at East 65 th Street before moving uptown to East 86 th Street, police said.
Around 9: 30 p.m. Saturday, a 45- year-old man was approached by 4 individuals in the area of East 73 rd Street and York Opportunity. The quartet flashed a weapon and robbed the guy of his cellphone prior to running off.
Aerial view over the Upper East Side of Manhattan and Central Park (R) in New York City. (STAN HONDA/AFP via Getty Images).
Then, roughly 40 minutes later, the group struck just over 11 obstructs away, approximately one mile, in the location of East 65 th Street and Lexington Avenue, authorities stated. An 18- year-old man told cops he was approached by four individuals who also showed a weapon and took the victim’s wallet prior to leaving.
Just minutes later, at 10: 20 p.m., a man and woman, both 22, told authorities they, too, were robbed at gunpoint by a quartet in the Central Park footpath near East 84 th Street and Fifth Opportunity. They ran off with the female’s cellphone, but nobody was hurt, cops stated.
Cops said they eventually jailed 3 teenagers– 2 16- year-olds and one 17- year-old — in connection with the spree and charged then with first-degree robbery. They also recuperated the packed weapon.
It was not immediately clear if police are still searching for a 4th person.
Much of the areas struck throughout Saturday night’s spree are only a stone’s toss from where the ultra-wealthy are said to live.
John Paulson in this undated image (Reuters).
According to The Real Deal.com, billionaires John Paulson and Glenn Dubin live just obstructs, if not a block, from the East 84 th Street robbery.
Paulson, worth an approximated $4.2 billion, according to Forbes, founded hedge fund company Paulson & Co in the mid-90 s. He is known for making his fortune wagering against subprime home mortgages as the American economy headed toward collapse in 2007.
Glenn Dubin, co-founder of Highbridge Capital Management LLC, in New York, U.S., on Sept. 24,2013 (Michael Nagle/Bloomberg by means of Getty Images).
Dubin, 63, co-founded Highbridge Capital Management in 1992 before offering to JP Morgan Chase 12 years later on, according to Forbes, which reported that the hedge funder boasts an estimated net worth of $2 billion.
According to The Real Offer, Dubin coughed up $32 million in 2006 to buy a 5th Opportunity apartment or condo formerly owned by fellow billionaire David Koch.
David Koch in this undated picture (Associated Press).
The gunpoint break-in near East 65 th Street and Lexington Avenue is a mere block away from the house of billionaire investor Henry Kravis, according to TRD. Forbes has actually estimated Kravis’ worth at $ 6.5 billion.
Kravis, 76, is one of the founders of the investment company Kohlberg Kravis and Roberts Inc. Forbes reported he has actually put $125 million towards Columbia University’s Service School.
Entrepreneur Henry R. Kravis gets here for meeting with then-President-elect Donald Trump at Trump Tower in New York, on January 12,2017 (REUTERS/Mike Segar).
The East 65 th Street break-in likewise happened less than 10 obstructs from 740 Park Ave., which is home to the “world’s wealthiest apartment,” according to a 2006 book by Michael Gross.
New York City Gov. Andrew Cuomo briefly attended to the subject of criminal activity and other issues affecting New York City in the context of the ultra-wealthy throughout a Monday afternoon press conference, when he was asked if he’s considered imposing a millionaire’s tax.
” We used to be stressed, millionaire’s tax, people may leave,” he stated, in part. “No, no, the concern moved– we’re trying to get people to come back.”
The Democrat said there was a host of issues that required to be attended to, and a millionaire’s tax would likely further avoid these individuals, who are able to pay for to go in other places, from returning to New york city, specifically the Huge Apple.
” COVID is under control, we’re going to make progress helping the homeless, were going to clean up the graffiti, we’re going to repair crime,” he stated. “On top of that, you wish to say, ‘And by the way, when you come back, you’re gon na get a huge tax increase’?”
A single percent of New york city’s population pays half of the state’s taxes, he said, “and they’re the most mobile individuals on the world.”
” I literally speak to individuals all day long, who are now in their Hamptons house, who likewise lived here, or in their Hudson Valley house or in their Connecticut weekend house,” Cuomo continued. “They’re not returning today. And you know what else they’re thinking, if I remain there, they pay a lower income tax since they do not pay the New york city City additional charge. So, that would be a bad place if we needed to go there.”
The Associated Press contributed to this report.