Latest news with #MindyGray
New York Times
08-07-2025
- Business
- New York Times
How the Rich Go Grocery Shopping
Good morning. It's Tuesday. Today we'll look at the gourmet groceries that some residents of the Hamptons flock to, even if a melon might cost $400. This summer, New Yorkers in the market for $400 melons, a $159 sweatshirt or perhaps some veal baby food need only travel as far as Southampton, where all the above can be found in at least one of the area's pricey gourmet grocery stores. My colleague Dionne Searcey reported on the fierce high-end grocery competition going down in the Hamptons this summer. As much of New York grapples with an affordability crisis, these specialty stores are seemingly unaffected, ramping up prices and stocking shelves with niche items for the personal chefs, influencers and summer residents who shop there. Some shops, like the Sagaponack General Store, are longtime favorites that are leveling up with multimillion-dollar expansions. The general store's revival was financed by Mindy Gray — wife of Jonathan Gray, the billionaire president of the investment firm Blackstone — who snapped up the store when it came up for sale during the pandemic. Ms. Gray's cash infusion supplied the business with a restored front porch and a line of hoodies (for $159) and tote bags (from $65 to $142). Another store, Loaves & Fishes in Sagaponack, raised its prices so conspicuously this year that some residents have started calling it 'Thieves and Fishes' instead. The store, which said the increase took into account the price of new organic ingredients, also rarely includes price tags on its wares. Want all of The Times? Subscribe.
Bloomberg
07-05-2025
- Business
- Bloomberg
Blackstone's Jon Gray Gives $125 Million to Tel Aviv Medical School
Blackstone Inc. President Jon Gray and his wife Mindy have donated $125 million to Tel Aviv University's medical school, the largest gift ever to the school and among the largest to an academic institution in Israel. The Grays' donation to the medical school, which will now bear their name, will enable Tel Aviv University to increase the number of students there by about 25% a year to more than 400. Israel has been grappling with a shortage of physicians, mainly due to too few spots in the country's institutions.
