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BUSINESS
May 10, 1989
Broker Sentenced: Former Gruntal & Co. broker Robert Chestman of Long Island, N.Y., was sentenced to two years in prison for trading on inside information about the 1986 takeover of supermarket chain Waldbaum Inc. by the Great Atlantic & Pacific Tea Co. He was also ordered to repay about $250,000 in illegal profit. Chestman had been found guilty in March of 31 counts of securities and mail fraud and perjury. Chestman's lawyer said his client would appeal.
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NEWS
June 23, 1991
Robert O'Byrne, 75, founder and producer of off-Broadway theater group called ABBE Workshop. The Long Island, N.Y., group introduced playwrights and beginning actors, often directed by O'Byrne's wife, Gloria Monty, who now produces television's "General Hospital." The son of a New York judge and a theater producer, O'Byrne was educated at St. John's University in Jamaica, New York. On Tuesday in Los Angeles of a heart attack.
CALIFORNIA | LOCAL
May 2, 2000
I.W. Industries has purchased a 52,000 square foot industrial facility in Valencia for $3.6 million. Westcord Commercial Real Estate in Van Nuys represented the seller Packaging Plus. Daum Commercial Real Estate Services in Woodland Hills, and Sutton & Edwards on Long Island, N.Y., represented I.W. Industries, a 70-year-old brass fixture manufacturing company based in New York.
NEWS
February 1, 1990 | From Times Staff and Wire Reports
Investigators completed their on-site probe of the crash of Avianca Flight 52 that killed 73 people, paving the way for the cleanup of the wreckage piled atop a Long Island, N.Y., hillside. The investigation by the National Transportation Safety Board ended at the crash site in Cove Neck, where investigators spent five days sifting through the wreckage of the aircraft that went down last week apparently because it ran out of fuel.
NEWS
August 9, 1996 | From Times Staff and Wire Reports
Federal officials said they will reconstruct part of the TWA Flight 800 jumbo jet at a Long Island, N.Y., hangar and zero in on the forward cargo area as the most likely spot to show what knocked the airplane out of the sky. FBI officials said they still are confident investigators will learn the cause of the July tragedy. But they are acknowledging the possibility that they will never determine why the plane went down. So far, 30% of the airliner has been recovered.
BUSINESS
June 17, 1992 | Associated Press
A nurse's aide from Long Island, N.Y., set the world record for 50-cent slot machine payouts by winning more than $1.9 million at Caesars Hotel and Casino. Sylvia Babitch, 67, hit the $1,972,424 jackpot after putting just $9 in a Fabulous 50s slot. The previous record of $1.7 million was won in January at the Trump Taj Mahal Casino Resort. "I really can't even speak," Babitch said. "I just know that I came down in a bus and I'm going back in a limousine."
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