A lawyer has a grand $4 million Westchester home for a Powerball winner.
If you won the lottery, what do you do?
Gimme Shelter has learned that a Staten Island Powerball winner of $245.6 million jackpot in 2018 has just paid $4 million for a home in Westchester, which is $305,000 over the asking price.
The shopper was Nandlall Mangal, a Guyanese-born carpenter, who bought a $6 Quick Pick ticket that August while shopping for food in a Stop & Shop store.
He closed his eyes as he walked across the room and placed the ticket on the coffee table. He then put away the groceries.
At the time, he said that he only bought lottery tickets on a few occasions when the prize was more than $100 million.
He threw the ticket away and sat by it for days, and only when nobody came to claim the winnings, did he look at it and decide to give it a chance.
He told reporters at the time of his win that the ticket had been sitting on his kitchen table for a week because he was out of town.
After taxes, his lump-sum payment was $99.32 million. The victory took a dark turn. $99.32 million
Jason Kurland, a lawyer in Long Island, befriended Mangal.
He needed advice on how to invest in his winnings. He was told by Kurland to invest in his business.
It’s very unusual for a CEO to step down while the company is still making money — but that’s what happened with Kurland when he took illegal kickbacks from his clients based on their investment dollars without their knowledge — and was convicted in July of defrauding them
He was found guilty of wire fraud, honest services wire fraud and money laundered. He pleaded not guilty to each count and claimed that the business partners he was working with swindled him.
There is something nice that Mangal can look forward to.
His home is 10,779 square feet, has seven bedrooms and sits on over two acres in Armonk. Before entering contract, the listing was on the market for 17 days and asking $3.69 million. The all-cash deal was closed in late August.
The custom home is a two story residence. It includes an outdoor patio, a swimming pool, and a large open concept kitchen.
Inside, the home features 20-foot ceilings in the entry foyer, 11-foot ceilings throughout, and four fireplaces.
The main bedroom boasts a dressing room, a spa-like bathroom, and a soaking tub.
The home has a chef’s kitchen, built-in bookcases, a recreation room, a wet bar and a gym on the lower level.
Donna Frost Gordon and Cord Stahl of Compass were the listing broker and the buyer’s repped broker.