Bed Bath & Beyond exec Gustavo Arnal ID’d as NYC ‘Jenga Building’ jumper: source


The embattled Bed Bath & Beyond CFO has been identified as the man who jumped to his death from Tribeca’s iconic new skyscraper known as the ‘Jenga Building’, The Post has learned.

Gustavo Arnal, 52, who was also executive vice president of the struggling home goods retailer, dived from the 18e floor of 56 Leonard Street on Friday, law enforcement sources said.

The 60-story building is best known for its deliberately misaligned apartments stacked on top of each other, resembling the popular game “Jenga.”

Messages left with Bed Bath & Bed and Arnal’s family on Saturday were not immediately returned.

On Aug. 16, Arnal sold 42,513 shares of the company for just over $1 million, according to MarketBeat.com.

Arnal joined the company in 2020. The company has been struggling financially lately.
Robert Miller

Arnal joined Bed Bath & Beyond in 2020. He previously worked as finance director for London-based cosmetics giant Avon and had a 20-year career overseas heading Procter & Gamble.

In 2021, he earned more than $2.9 million through Bed Bath & Beyond, including $775,000 in salary and the rest in stock, according to InsiderTrades.com.

Bed Bath & Beyond has recently faced some turbulence.

Shares of Union, a New Jersey-based company, lost nearly a quarter of their value on Wednesday, after the company announced a restructuring that includes store closings, layoffs and a possible job offer. shares.

The company said it secured more than $500 million in new funding and cut its workforce by 20%. It plans to close around 150 namesake stores but will retain its buybuy BABY chain.

Jenga building.
56 Leonard Street is a luxury building, home to many celebrities.

In mid-August, activist shareholder Ryan Cohen, the billionaire co-founder of online pet products retailer Chewy Inc., sold his stake in Bed Bath & Beyond after taking a 10% stake a few months earlier. and committed to making big changes.

The “Jenga Building” features 19-foot ceilings, double-height windows, white oak and stone floors, gas fireplace, chef’s kitchen, and three terraces totaling 1,252 square feet with panoramic ocean views. water and the city.

It’s also a home full of celebrities for the mega-rich, including singer Frank Ocean.

Additional reporting by Larry Celona and Steven Vago


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