Close Menu
The Financial News 247The Financial News 247
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
What's On

Nike issues bleak forecast, plans to slash more jobs after sales disappoint

October 1, 2026

20,000 bottles of rare wine worth millions remain unclaimed after implosion of NYC’s Sherry-Lehmann

October 1, 2026

McDonald’s prepares test of hand-breaded chicken tenders, sandwiches at 200 spots

October 1, 2026

How To Divide Work Between Humans And AI Agents

October 1, 2026

Treasury automatically enrolls more than 60 million kids in Trump Accounts

October 1, 2026
Facebook X (Twitter) Instagram
The Financial News 247The Financial News 247
Demo
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
The Financial News 247The Financial News 247
Home » 20,000 bottles of rare wine worth millions remain unclaimed after implosion of NYC’s Sherry-Lehmann

20,000 bottles of rare wine worth millions remain unclaimed after implosion of NYC’s Sherry-Lehmann

By News RoomOctober 1, 2026No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Telegram Reddit Email Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Some 20,000 bottles of rare wine worth millions of dollars remain unclaimed more than three years after the implosion of New York City wine store Sherry-Lehmann, The Post has learned.

Cratefuls of rare vintages are sitting in the basement floor of a tower at Blue Hill Plaza, a nondescript office development in Rockland County, after the FBI raided the space as part of an ongoing fraud investigation, according to a lawyer representing the landlord. 

The nearly century-old, iconic wine store shuttered in July 2023.

The landlord, Hong Kong-based Glorious Sun, took charge of the $16 million collection after Sherry-Lehmann’s storage business defaulted on its rent at Blue Hill Plaza. Now, it is scrambling to return the wines to their original owners in order to rent the space to a paying tenant, the attorney said. 

Glorious Sun even placed an ad in Wine Specator this summer.

“Attention” the ad states in bright red all caps lettering. “We may have your wine. If you stored wine with Sherry-Lehmann (or Wine Caves) please contact Blue Hill Plaza.” 

Still, only one third of the stash, or 10,135 bottles, have been returned to their rightful owners. Sources said some clients may have either passed away or forgotten about their purchases or are otherwise unaware that Sherry-Lehmann and its storage business are now defunct.

The Wine Caves’ storage business was based at Blue Plaza Office tower in Pearl River, N.Y.

The remaining wine has not been claimed because of “ignorance, wealth or relocations,” said one source who had worked for Sherry-Lehmann. 

“The people who really wanted their wine back have been taken care of,” said Edmund O’Brien of law firm Kucker Marino Winiarsky & Bittens, which represents Glorious Sun. “Now it’s time to find the people who haven’t been paying attention.”

The iconic Park Avenue vintner shut its doors for good in March 2023 as it failed to renew its liquor license and pay its rent after 89 years in business. Initially, many customers had clamored in vain to get their property out of the Wine Caves facility after reading about the retailer’s woes. 

Members of the Federal Bureau of Investigation raided the store in 2023.

Federal agencies including the FBI and US Postal Inspectors swooped in after a 2023 New York Times report alleged that Sherry-Lehmann was selling some of the wine belonging to the company’s storage customers to collectors.

Sherry-Lehman denied the allegation and last year sued Pulitzer-Prize winning reporter, James Stewart for allegedly orchestrating a smear campaign against the company and its owners, Shyda Gilmer and Kris Green.  A federal judge dismissed the case on Tuesday. 

Sherry-Lehmann’s 2025 complaint claimed that despite “as many as 200 [law enforcement] agents at the Blue Hill facility for five days…and as the US Attorney’s Office made a multi-day exhaustive search for information to substantiate” the New York Times article, “there have been no arrests nor any indictments as a result of these raids.”

Over the summer, however, O’Brien said he received a call from the FBI agent with whom he had spoken with previously and was part of a three-way conversation introducing him to a new investigator on the case, he told The Post.

Kris Green, left, and Shyda Gilmer are the most recent owners of Sherry-Lehmann and its wine storage business.

“I asked this person if the case was dead,” O’Brien said, adding that the answer was “No.”

The investigators, he said, wanted an update on the Blue Hill Plaza situation and on a lawsuit Wine Caves filed against Glorious Sun last year accusing the landlord of withholding wine that belonged to Wine Caves.

The FBI did not immediately respond to a query requesting comment.

According to the Wine Caves complaint, filed in state court in Rockland County, Wine Caves new majority owner is James Galtieri, a former Sherry-Lehmann supplier who for 20 years was the exclusive US importer for Château Lafite Rothschild – among the most coveted wines in the world with new bottles fetching upwards of $700 each.

On Tuesday a federal judge dismissed a lawsuit by Sherry Lehmann against New York Times reporter James Stewart, seen with Today host Savannah Guthrie.

Galtieri was brought in by Shyda Gilmer, Sherry-Lehmann’s former CEO who landed in a legal firestorm over the wine shop’s closure and scandals.

It’s not clear whether Galtieri is still an owner in Wine Caves. He did not respond to calls and an email.

The lawyer representing Wine Caves, John Balestriere, asked the court in August to be released as legal counsel to the company, saying his legal fees were unpaid. The court approved Balestriere’s request. 

John JD McFerrin-Clancy, a lawyer who is now representing Wine Caves in the litigation, didn’t immediately respond to a request for comment.

Business FBI investigations fraud landlord-tenant disputes lawsuits Metro retail wine
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

Nike issues bleak forecast, plans to slash more jobs after sales disappoint

October 1, 2026

McDonald’s prepares test of hand-breaded chicken tenders, sandwiches at 200 spots

October 1, 2026

Treasury automatically enrolls more than 60 million kids in Trump Accounts

October 1, 2026

Trump admin threatens diesel export ban unless Germany, France tap reserves: report

October 1, 2026

Mortgage rates hit 7.28% — highest level in nearly 3 years

October 1, 2026

Bari Weiss’ role at CNN revealed after David Ellison makes Mark Thompson decision

October 1, 2026
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

20,000 bottles of rare wine worth millions remain unclaimed after implosion of NYC’s Sherry-Lehmann

Business October 1, 2026

Some 20,000 bottles of rare wine worth millions of dollars remain unclaimed more than three…

McDonald’s prepares test of hand-breaded chicken tenders, sandwiches at 200 spots

October 1, 2026

How To Divide Work Between Humans And AI Agents

October 1, 2026

Treasury automatically enrolls more than 60 million kids in Trump Accounts

October 1, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

​Why Healthcare AI Pilots Fail And How To De-Risk Them

October 1, 2026

Trump admin threatens diesel export ban unless Germany, France tap reserves: report

October 1, 2026

How Content Saturation Erases The Advantage It Was Meant To Build

October 1, 2026

Mortgage rates hit 7.28% — highest level in nearly 3 years

October 1, 2026
The Financial News 247
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact us
© 2026 The Financial 247. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.