"The iconic Park Avenue vintner - which shut its doors for good in March 2023 as it failed to renew its liquor license after 89 years in business - famously went silent as hundreds of customers of Wine Caves, its decades-old storage service, clamored in vain for their prize vintages. Now, after a flurry of headlines, a pair of FBI raids and a drawn-out courtroom battle between Sherry-Lehmann's owners and its landlord, the expensive booze is beginning to trickle out again - and it's sweet."
""I'll share one of these bottles with my father, who is 101," said one Boston-based collector who just secured his stash valued at $80,000 - including a case of 1982 Petrus and another of assorted prize Bordeaux including Chateau Mouton Rothschild. "These were the first serious bottles I bought and I bought them in the 80s," the collector told The Post, asking not to be identified."
Sherry-Lehmann closed permanently in March 2023 after failing to renew its liquor license following 89 years in business, leaving Wine Caves customers unable to access stored vintages. In 2022 the vintner moved roughly 32,000 bottles valued at about $16 million to Blue Hill Plaza in Pearl River, where most remained inaccessible. Hong Kong–based landlord Glorious Sun is the largest creditor, owed $5 million in back rent, and is now supervising the release of bottles from a Rockland County basement. After FBI raids and court battles, dozens of customers have begun reclaiming high-value wines, including rare Petrus and Chateau Mouton Rothschild bottles.
Read at New York Post
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