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TROPICAL STORM WARNING REMAINS IN EFFECT * LOCATIONS AFFECTED - Huntington - Smithtown - Port Jefferson * WIND - LATEST LOCAL FORECAST: Equivalent Tropical Storm force wind - Peak Wind Forecast: 40-50 mph with gusts to 70 mph - Window for Tropical Storm force winds: Tuesday afternoon until Tuesday evening - THREAT TO LIFE AND PROPERTY THAT INCLUDES TYPICAL FORECAST UNCERTAINTY IN TRACK, SIZE AND INTENSITY: Potential for wind 58 to 73 mph - The wind threat has remained nearly steady from the previous assessment. - PLAN: Plan for dangerous wind of equivalent strong tropical storm force. - PREPARE: Remaining efforts to protect life and property should be completed as soon as possible. Prepare for significant wind damage. - ACT: Move to safe shelter before the wind becomes hazardous. - POTENTIAL IMPACTS: Significant - Some damage to roofing and siding materials, along with damage to porches, awnings, carports, and sheds. A few buildings experiencing window, door, and garage door failures. Mobile homes damaged, especially if unanchored. Unsecured lightweight objects become dangerous projectiles. - Several large trees snapped or uprooted, but with greater numbers in places where trees are shallow rooted. Several fences and roadway signs blown over. - Some roads impassable from large debris, and more within urban or heavily wooded places. A few bridges, causeways, and access routes impassable. - Scattered power and communications outages, but more prevalent in areas with above ground lines. * STORM SURGE - LATEST LOCAL FORECAST: Localized storm surge possible - Peak Storm Surge Inundation: The potential for 1-3 feet above ground somewhere within surge prone areas - Window of concern: Tuesday afternoon until early Wednesday morning - THREAT TO LIFE AND PROPERTY THAT INCLUDES TYPICAL FORECAST UNCERTAINTY IN TRACK, SIZE AND INTENSITY: Potential for storm surge flooding greater than 1 foot above ground - The storm surge threat has remained nearly steady from the previous assessment. - PLAN: Plan for storm surge flooding greater than 1 foot above ground. - PREPARE: Complete preparations for storm surge flooding, especially in low-lying vulnerable areas, before conditions become unsafe. - ACT: Leave immediately if evacuation orders are given for your area. - POTENTIAL IMPACTS: Limited - Localized inundation with storm surge flooding mainly along immediate shorelines and in low lying spots, or in areas farther inland near where higher surge waters move ashore. - Sections of near shore roads and parking lots become overspread with surge water. Driving conditions dangerous in places where surge water covers the road. - Moderate beach erosion. Heavy surf also breaching dunes, mainly in usually vulnerable locations. Strong and frequent rip currents. - Minor to locally moderate damage to marinas, docks, boardwalks, and piers. A few small craft broken away from moorings. * FLOODING RAIN - LATEST LOCAL FORECAST: - Peak Rainfall Amounts: Additional 1-3 inches, with locally higher amounts - THREAT TO LIFE AND PROPERTY THAT INCLUDES TYPICAL FORECAST UNCERTAINTY IN TRACK, SIZE AND INTENSITY: Potential for moderate flooding rain - The flooding rain threat has remained nearly steady from the previous assessment. - PLAN: Emergency plans should include the potential for moderate flooding from heavy rain. Evacuations and rescues are possible. - PREPARE: Consider protective actions if you are in an area vulnerable to flooding. - ACT: Heed any flood watches and warnings. Failure to take action may result in serious injury or loss of life. - POTENTIAL IMPACTS: Significant - Moderate rainfall flooding may prompt several evacuations and rescues. - Rivers and streams may quickly become swollen with swifter currents and may overspill their banks in a few places, especially in usually vulnerable spots. Small streams, creeks, canals, and ditches may overflow. - Flood waters can enter some structures or weaken foundations. Several places may experience expanded areas of rapid inundation at underpasses, low lying spots, and poor drainage areas. Some streets and parking lots take on moving water as storm drains and retention ponds overflow. Driving conditions become hazardous. Some road and bridge closures. * TORNADO - LATEST LOCAL FORECAST: - Situation is somewhat favorable for tornadoes - THREAT TO LIFE AND PROPERTY THAT INCLUDES TYPICAL FORECAST UNCERTAINTY IN TRACK, SIZE AND INTENSITY: Potential for a few tornadoes - The tornado threat has remained nearly steady from the previous assessment. - PLAN: Emergency plans should include the potential for a few tornadoes. - PREPARE: If your shelter is particularly vulnerable to tornadoes, prepare to relocate to safe shelter before hazardous weather arrives. - ACT: If a tornado warning is issued, be ready to shelter quickly. - POTENTIAL IMPACTS: Limited - The occurrence of isolated tornadoes can hinder the execution of emergency plans during tropical events. - A few places may experience tornado damage, along with power and communications disruptions. - Locations could realize roofs peeled off buildings, chimneys toppled, mobile homes pushed off foundations or overturned, large tree tops and branches snapped off, shallow rooted trees knocked over, moving vehicles blown off roads, and small boats pulled from moorings. * FOR MORE INFORMATION: - http://scoem.suffolkcountyny.gov - https://weather.gov/nyc - https://ready.gov/hurricanes

Madoff’s Long Island Mansion Listed for Sale for $4.5M to Repay Victims

LongIsland.com

An Old Westbury mansion owned by Peter B. Madoff, the brother of Bernard L. Madoff, is up for sale to repay victims of the Ponzi scheme. Other property in the home is also going for ...

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Peter B. Madoff, the brother of Bernard L. Madoff currently sits in jail with a sentence of 10 years as a co-conspirator in the Ponzi scheme.  To repay victims, he was ordered to forfeit all his and his family’s assets to the government, which includes a mansion located in Old Westbury.

Peter Madoff’s Old Westbury mansion at 34 Pheasant Run has been put up for sale for $4.495 million as of late last month after the Marshals Service took possession of it in January.

The home has been staged for sales to not leave any personal effects or memory of its connection to the Madoff family.

In addition to the Old Westbury mansion, properties within the home have been appraised and tagged to go up on the auction block once the house is sold. Some of the items to go on auction include gold-color lamps, crystal candlesticks, dog paintings, bottles of gin and Cognac in a mirrored bar and books. According to reporting from the New York Times, it’ll “surely be one of Long Island’s best-attended tag sales.”

The Old Westbury mansion has received offers, but none have been accepted, according to the broker brought in to sell the property.

When the mansion is officially sold, victims in the Ponzi scheme case will be repaid the proceeds through a victims compensation fund administered by the Justice Department. Currently, $2.3 billion has been recovered to repay Madoff victims. There’s also another fund for property and proceeds associated with Bernard L. Madoff Investment Securities that has recovered $9.345 billion for victims.

In addition to this Old Westbury mansion, Peter Madoff’s Park Avenue two-bedroom apartment sold for $4.6 million. Bernard Madoff’s Manhattan apartment was sold for $8 million.

Peter Madoff held the position of chief compliance officer for the firm that went down in the Ponzi scheme. He pleaded guilty to falsifying documents and lying to regulators, among a list of other crimes.

[Source: The New York Times.]