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Arthur Zankel, Financier, Falls to His Death

A longtime friend and adviser to Citigroup's chairman, Sanford Weill, Zankel was an important player in the historic merger of Citibank and Travelers Group insurance company in 1998.

Died: July 28, 2005

Cause of Death:  suicide

 Mr. Zankel was a longtime trusted advisor who joined Citigroup's Board of Directors at its inception in 1986. His experience and judgment helped the company grow from Commercial Credit into Citigroup -- a journey of remarkable accomplishment. Mr. Zankel served Citigroup for more than a decade as chairman of the personnel and compensation committee. As a member of the succession subcommittee, he helped to assure the extraordinarily smooth transition to Citigroup's new CEO and COO structure in 2003. When Mr. Zankel retired from the Board in 2004, Citigroup Chairman Sanford I. Weill said, ''It's not an exaggeration to say that no company approaching our size and scale and depth of management talent has ever had such a successful, virtually seamless transition. Arthur deserves much of the credit.'' http://query.nytimes.com/gst/fullpage.html?res=950DE7DD1E3FF932A05754C0A9639C8B63

 By JACOB GERSHMAN, Staff Reporter of the Sun | July 29, 2005

A Wall Street stalwart and a philanthropist for whom Carnegie Hall's newest concert venue is named, Arthur Zankel, fell to his death yesterday from his ninth-floor apartment on the Upper East Side. Police called it an apparent suicide.

With his wife present at his home at 920 Fifth Ave., Zankel, 73, plunged from a window at the rear of the building at 11 a.m. and landed in the central courtyard, police said. Police said Zankel had a pulse when he was taken to New York Hospital but died there.

Friends of Zankel's reacted to his death with shock and described him as a man with a fiendish sense of humor who was at the apex of his career and who beamed about his marriage to his third wife, Judy Zankel, an illustrator, and their new apartment overlooking Central Park.

Five years ago, after leaving First Manhattan and entering semi-retirement, he formed a real estate investment trust called High Rise Capital Management that profited greatly during the real estate boom.

Friends, speaking on background, said Zankel suffered from various ailments, including kidney stones and a rare blood disorder, and was in pain. He was said to have experienced bouts of depression associated with his medical difficulties.

News of his death quickly spread across Wall Street and reverberated around the myriad educational and cultural institutions that Zankel supported.

"Arthur Zankel will be remembered as a kind, caring, humorous, brilliant, and wise person," a prominent attorney, Kenneth Bialkin, said.

Mr. Bialkin, who served on the board of directors of Citigroup along with Zankel, described his close friend as a "classical investor" who was "one of the most respected figures in the financial world."

Zankel was known as a behind-the-scenes master of the market. He made a fortune as an early investor in Berkshire Hathaway, the Warren Buffett company, and served for many years as co-managing partner of an investment banking firm, First Manhattan Company.

A longtime friend and adviser to Citigroup's chairman, Sanford Weill, Zankel was an important player in the historic merger of Citibank and Travelers Group insurance company in 1998.

Mr. Weill, who first met Zankel in 1957, told The New York Sun yesterday in a telephone interview Zankel "really understood the numbers" and was able to "dissect the details of a transaction and could catch things that didn't make a heck of a lot of sense."

"From my point of view, he was probably more helpful to me in what I was able to accomplish than maybe anybody," Mr. Weill said.

For most of his career, Zankel remained a relatively unknown figure outside the investment world. Many of his donations, including those that established charter schools in Brooklyn, were made anonymously, friends said.

It was not until the construction of Judy and Arthur Zankel Hall at Carnegie Hall that Zankel gained name recognition. He donated $10 million toward the construction of the underground concert auditorium, which opened in September 2003.

A relatively small space with a seating capacity of 644 people, Zankel Hall was designed to be a more intimate showcase for lesser- known musicians. Mr. Weill said he solicited the donation and persuaded Zankel to allow Carnegie to attach his name to the concert hall.

"I suggested it would be great to name this hall for him, and in return, he'd have to do something significant," Mr. Weill said.

"He never needed publicity," Mr. Weill said. "The last eight years of his life, and his marriage to Judy, was the happiest he had. That was part of the excitement."

At the time of his death, Zankel was vice chairman of the board of Teachers College, one of a number of educational and cultural institutions whose investment committees he oversaw.

He also served as trustee at Skidmore College, alma mater of two of his children, and of the Jerusalem Foundation and UJA- Federation. He served on the board of White Mountains Insurance Group.

http://www.nysun.com/obituaries/arthur-zankel-financier-falls-to-his-death/17769/

Arthur Zankel, Financier, Falls to His Death
By JACOB GERSHMAN, Staff Reporter of the Sun | July 29, 2005
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A Wall Street stalwart and a philanthropist for whom Carnegie Hall's newest concert venue is named, Arthur Zankel, fell to his death yesterday from his ninth-floor apartment on the Upper East Side. Police called it an apparent suicide.

With his wife present at his home at 920 Fifth Ave., Zankel, 73, plunged from a window at the rear of the building at 11 a.m. and landed in the central courtyard, police said. Police said Zankel had a pulse when he was taken to New York Hospital but died there.

Friends of Zankel's reacted to his death with shock and described him as a man with a fiendish sense of humor who was at the apex of his career and who beamed about his marriage to his third wife, Judy Zankel, an illustrator, and their new apartment overlooking Central Park.

Five years ago, after leaving First Manhattan and entering semi-retirement, he formed a real estate investment trust called High Rise Capital Management that profited greatly during the real estate boom.

Friends, speaking on background, said Zankel suffered from various ailments, including kidney stones and a rare blood disorder, and was in pain. He was said to have experienced bouts of depression associated with his medical difficulties.

News of his death quickly spread across Wall Street and reverberated around the myriad educational and cultural institutions that Zankel supported.

"Arthur Zankel will be remembered as a kind, caring, humorous, brilliant, and wise person," a prominent attorney, Kenneth Bialkin, said.

Mr. Bialkin, who served on the board of directors of Citigroup along with Zankel, described his close friend as a "classical investor" who was "one of the most respected figures in the financial world."

Zankel was known as a behind-the-scenes master of the market. He made a fortune as an early investor in Berkshire Hathaway, the Warren Buffett company, and served for many years as co-managing partner of an investment banking firm, First Manhattan Company.

A longtime friend and adviser to Citigroup's chairman, Sanford Weill, Zankel was an important player in the historic merger of Citibank and Travelers Group insurance company in 1998.

Mr. Weill, who first met Zankel in 1957, told The New York Sun yesterday in a telephone interview Zankel "really understood the numbers" and was able to "dissect the details of a transaction and could catch things that didn't make a heck of a lot of sense."

"From my point of view, he was probably more helpful to me in what I was able to accomplish than maybe anybody," Mr. Weill said.

For most of his career, Zankel remained a relatively unknown figure outside the investment world. Many of his donations, including those that established charter schools in Brooklyn, were made anonymously, friends said.

It was not until the construction of Judy and Arthur Zankel Hall at Carnegie Hall that Zankel gained name recognition. He donated $10 million toward the construction of the underground concert auditorium, which opened in September 2003.

A relatively small space with a seating capacity of 644 people, Zankel Hall was designed to be a more intimate showcase for lesser-known musicians. Mr. Weill said he solicited the donation and persuaded Zankel to allow Carnegie to attach his name to the concert hall.

"I suggested it would be great to name this hall for him, and in return, he'd have to do something significant," Mr. Weill said.

"He never needed publicity," Mr. Weill said. "The last eight years of his life, and his marriage to Judy, was the happiest he had. That was part of the excitement."

At the time of his death, Zankel was vice chairman of the board of Teachers College, one of a number of educational and cultural institutions whose investment committees he oversaw.

He also served as trustee at Skidmore College, alma mater of two of his children, and of the Jerusalem Foundation and UJA-Federation. He served on the board of White Mountains Insurance Group.

http://www.nysun.com/obituaries/arthur-zankel-financier-falls-to-his-death/17769/
01 Feb 2011 at 5:00 PM

High Rise Capital Management Closing Its Doors

By Bess Levin
From the mailbag:
“High Rise Capital Management, a well-regarded $1.5billion RE Securities hedge fund run by David O’Connor and Charles Fitzgerald, put in its year-end letter that they are winding down by 6/30/11. With peak assets under management and great track record, it seems odd.
http://dealbreaker.com/2011/02/high-rise-capital-management-closing-its-doors/


Capital Markets
Company Overview of High Rise Capital Management, L.P.
Company Overview
High Rise Capital Management, L.P. is a privately owned investment manager. The firm invests in the public equity and real estate
markets of the United States. High Rise Capital Management was founded in 2000 and is based in New York, New York.
535 Madison Avenue
26th Floor
New York, NY 10022
United States
Founded in 2000
Phone:

212-421-7250


Key Executives for High Rise Capital Management, L.P.

Mr. David P. O'Connor
President
Age: 49

Mr. Charles Fitzgerald

Mr. Jonathan Feldman
Analyst
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=24468743 

David P. O'Connor
President, High Rise Capital Management, L.P.

Age Total Calculated Compensation This person is connected to 2 Board Members in 2 different organizations across 2 different
industries.
See Board Relationships
49 --

Background

Mr. David P. O'Connor serves as the President at High Rise Capital Management, L.P. Mr. O’Connor is a Research Sponsor at The Samuel Zell and Robert Lurie Real Estate Center at Wharton. He is the Co-Founder and Senior Managing Partner of High Rise Capital Management LP. He has been a Director of Regency Centers Corporation since August 02, 2011. He has been a Non Executive Director at Songbird Estates PLC since March 29, 2012. He serves as a Trustee of Boston College. ...
Read Full Background


Corporate Headquarters
535 Madison Avenue
New York, New York 10022
United States
Phone: 212-421-7250
Fax: --
Board Members Memberships

2011-Present
Director, Member of Compensation Committee and Member of Investment Committee
Regency Centers Corporation

2012-Present
Non Executive Director
Songbird Estates PLC
Education
MS
New York University
Unknown/Other Education 1986
Boston College

Other Affiliations
Regency Centers Corporation
New York University
Boston College
Songbird Estates PLC
http://investing.businessweek.com/research/stocks/private/person.asp?personId=27673535&privcapId=24468743
Investment Services & Advisors

High Rise Capital Management

325 North Ave E Ste 1
Westfield, NJ - Union County
(908) 228-5175
http://high-rise-capital-management.hub.biz/

High Rise Capital Management Westfield NJ, 07090 – Manta.com

www.manta.com  › … › Business Management

More Details for High Rise Capital Management. Categorized under Business Management. Our records show it was established in
2011 and incorporated in New Jersey. ERROR MESSAGE for this


High Rise Capital Management

Not Rated Not Rated
325 North Ave E, # 1, Westfield, NJ 07090
(908) 228-5175
http://www.superpages.com/bp/Westfield-NJ/High-Rise-Capital-Management-L2337819183.htm

Paid Notice: Deaths
ZANKEL, ARTHUR

Published: July 30, 2005

ZANKEL--Arthur on July 28, 2005 at age 73. Founding partner of High Rise Capital Management, former director of Citigroup, former comanaging partner of First Manhattan Company, ViceChairman of Carnegie Hall and Trustee of Teachers College. Beloved husband
of Judy. Loving father of Kenneth, Thomas, Mark and James. Cherished grandfather of Maura and Andrew. Devoted brother of Martin and Jeffrey. Services at Frank E. Campbell, 1076 Madison Avenue at 81 Street, Sunday 11:30AM. Contributions in his memory may be made to Judy and Arthur Zankel Hall at Carnegie Hall 881 Seventh Avenue, NY, NY 10019.

ZANKEL--Arthur. The Board and staff of Carnegie Hall mourn the loss of beloved friend and dedicated Trustee Arthur Zankel, who died on July 28, 2005, at the age of 73. Arthur joined the Board of Carnegie Hall in 1992, and for more than a decade provided this institution with expert leadership and sound financial advice, overseeing, in particular, the steady growth of the Hall's endowment fund.
Arthur's unbounded generosity to Carnegie Hall and his unstinting conviction that all lovers of great music should find a home here led to the opening of Judy and Arthur Zankel Hall in September 2003, a watershed event that has created the opportunity for Carnegie
Hall to welcome truly diverse great music from around the globe, and provided a technological platform for outreach to new audiences worldwide. Arthur will be remembered fondly for his genuine warmth, his extraordinary humor, and his uncanny ability to make you feel that you were the most important person in the world. In Judy, he found an equally caring and gracious partner, who shared his deep love of music and his great passion for life. All of us at Carnegie Hall feel personally bereft by this sudden and unexpected loss. We express our heartfelt condolences to Judy, and to James, Kenneth, Mark, Thomas, and the extended family. Funeral services will be
held at Frank E. Campbell-The Funeral Chapel at 1076 Madison Avenue at 81st Street. Sanford I. Weill Chairman of the Board .

ZANKEL--Arthur, financier and philanthropist. Mr. Zankel was a longtime trusted advisor who joined Citigroup's Board of Directors at its inception in 1986. His experience and judgment helped the company grow from Commercial Credit into Citigroup -- a journey of
remarkable accomplishment. Mr. Zankel served Citigroup for more than a decade as chairman of the personnel and compensation committee. As a member of the succession subcommittee, he helped to assure the extraordinarily smooth transition to Citigroup's new CEO and COO structure in 2003. When Mr. Zankel retired from the Board in 2004, Citigroup Chairman Sanford I. Weill said, ''It's not an exaggeration to say that no company approaching our size and scale and depth of management talent has ever had such a successful, virtually seamless transition. Arthur deserves much of the credit.'' Citigroup appreciates his years of dedicated service and extends its condolences to his wife Judy, and sons, James, Mark, Thomas, and Kenneth. A memorial service will be held Sunday, July 31, 2005, at 11:30 AM, at Frank E. Campbell, The Funeral Chapel, 1076 Madison Avenue at 81st Street, New York, New York 10028; 212288-3500.

ZANKEL--Arthur. Teachers College is deeply saddened at the passing of Arthur Zankel, Vice Chairman of our Board of Trustees.
Arthur was a highly intelligent and caring man who never forgot his roots. He had a wonderful sense of humor and was a wise counselor who knew what he believed and never took himself too seriously. He was a good and caring friend. He was deeply in love with his wife,
Judy, and his children. He was passionate about the need to improve the lives of the children who have the least. He gave generously of his time and resources to accomplish this. Our world is a better place and our lives have been enriched because Arthur Zankel walked among us. There can be no higher measure of success in life. His passing is a profound loss to all who were touched by his enthusiasm and generosity. Our thoughts are with his wife, Judy, and his four children. Arthur Levine, President John C. Hyland William D. Rueckert Co-Chairs Board of Trustees Teachers College Columbia University

ZANKEL--Arthur. Our hearts are broken over the tragic loss of our dearest friend Arthur. With his wisdom, his warmth and compassion, his sensible advice and his outrageous sense of humor he was such an important part of our lives and our decisions. He was always there for us, ready to take ''a walk in the woods'' or ''a swim in the pool''. Our New Year's weekends will never be the same, but we are so lucky to have those treasured memories of our time together. Our hearts go out to his beloved wife Judy who made him so very happy in the eight years of their marriage. He also felt such pride and love for his boys Kenny, Tommy, Mark and Jimmy, their spouses and his grandchildren. Arthur, we already miss you, and we will never forget all you have been to us. May you rest in peace, dear friend. With all our love. Joan and Sandy Weill

ZANKEL--Arthur. The Alan Greene family deeply mourns the loss of a great friend and confidant, Arthur Zankel. We send our heartfelt condolences to Judy, Kenneth, Tommy, Mark and James. We will miss him greatly. Helen, Alan, Jimmy and Michael

ZANKEL--Arthur. The Board of the New York Foundation mourns the passing of our former trustee, Arthur Zankel. He was a dedicated trustee and a longtime supporter of the work of the New York Foundation.

ZANKEL--Arthur. Our world will never be the same. Our love to Judy and the boys. Kathy & Freddy
http://query.nytimes.com/gst/fullpage.html?res=9C01EED8113FF933A05754C0A9639C8B63



August 2, 2005 by Jade Walker
Arthur Zankel
4 comments
Categories: Business

azankel.jpgFinancier and philanthropist Arthur Zankel committed suicide on July 28. He was 73.
The native New Yorker earned a bachelor’s degree in economics from the University of Pennsylvania and an M.B.A. from Harvard Business School. He started working for the First Manhattan Co. in 1965, and spent the next three decades amassing a fortune as an
investment manager.

In 2000, Zankel founded the real estate investment firm, High Rise Capital Management, where he was the co-managing partner. He sat on the board of directors at Citigroup Inc. until 2004, when he reached the mandatory age of retirement.

Zankel lived well, but he also believed in helping people follow their dreams through education. A trustee at Skidmore College and Columbia University’s Teachers College, he underwrote Reading Buddies, a tutoring program for Harlem youths.

In the late 1990s, Zankel and his wife donated $10 million to fund a new $100 million venue at Carnegie Hall. Named in their honor, Judy and Arthur Zankel Hall fulfilled Andrew Carnegie’s original plans to create three performance spaces in one location. The 600- seat underground recital space, which offers a wide variety of performing and educational events, opened in 2003.
In his spare time, Zankel took music appreciation classes and often attended events at Carnegie Hall. He also managed the hall’s endowment fund. Under his guidance, it grew nearly sevenfold to $124 million.

Zankel, who was being treated for depression, jumped from the ninth floor of his Fifth Avenue apartment and later died at New York- Presbyterian Hospital. He did not leave a note.

http://www.blogofdeath.com/2005/08/02/arthur-zankel/

4 Responses to Arthur Zankel

Earl Sims January 22, 2006 at 9:16 pm
I am deeply touched by the life and death of Arthur Zankel. God bless his family and loved ones.

Doug January 23, 2006 at 9:55 pm
I never knew Arthur Zankle I only read of his life on the front page of the Wallstreet Journal, He had it all Money, Compassion, generousity, so well accomplished, yet so desperate for something real,Dr’s could not fix his pain, specialists or Medicine was useless he needed something to fulfill the empty space he experienced in his life. I can not even begin to have empathy and could not articulate what he felt. Let his life give rise to others who are so succesful and gifted in the ways he was, that as they travel the course of this life.

Real greatness is when you find Jesus to fill the God shaped whole in our hearts that completes us.
when we are great and when we fill that whole with the love of our creator we are greater still. Jesus is the way the truth and the life, all who call upon the name of the Lord will be saved.
God bless Arthurs family and friends and may they be blessed by our Lord and savior Jesus Christ. May Arthur rest in peace.

Darcy Taylor June 2, 2006 at 2:57 pm

We at the National Alliance on Mental Illness send the Zankel family our prayers in this diffucult time. As a leading advocate for mentally illness we understand you pain. May you be conforted in knowing that one day depression will have a cure.

Maud June 3, 2006 at 10:03 am

Love does not obliterate pain but compassion goes a long way to keep the devil dog of depression from the gate. Bless you, and your family. Carnegie’s spirit salutes you. An admirer from Scotland.
http://www.blogofdeath.com/2005/08/02/arthur-zankel/


Carnegie Hall Benefactor Zankel Dies
Friday, July 29, 2005

NEW YORK (AP) -- Arthur Zankel, the financier who gave $10 million for the Carnegie Hall recital space that bears his name, plunged
to his death from his ninth floor apartment in an apparent suicide, police said Friday. He was 73.

Zankel, Carnegie Hall's vice chairman, died Thursday at New York-Presbyterian Hospital after apparently jumping from his Fifth Avenue apartment, Detective Noel Waters said, confirming a report in The New York Sun. Waters said Zankel jumped around 11 a.m. Thursday and landed in a rear courtyard.

Zankel, a member of the Citigroup Inc. board of directors from 1986 until last year, specialized in real estate investment through his firm, High Rise Capital Management. He served as a co-managing partner of First Manhattan Co. for almost 20 years, until 1997.

Sanford Weill, chairman of Citigroup and of Carnegie Hall's board of trustees, called Zankel "my closest friend and adviser."

Zankel (pronounced zan kell') was being treated for severe depression, Weill told The Associated Press in a telephone interview.
Zankel's donation helped fund the $100 million venue at Carnegie Hall that opened in 2003. Zankel Hall fulfilled Andrew Carnegie's original vision for three performance spaces at the complex, offering an intimate venue - with seats for about 600 compared with 2,804 in the main Isaac Stern auditorium.

Weill, who is the namesake for Carnegie Hall's third venue, the 268-seat Joan and Sanford I. Weill Recital Hall, said he and Zankel met through a mutual friend 48 years ago.

"We liked each other from the very first meeting. Our relationship became stronger and stronger" personally and professionally, he said.

Zankel loved that the venue that carried his name brought together musicians from all over the world, Weill said.

"He loved reaching out to young people" and broadening "outreach in areas of education and all kinds of music all over the world," he added. "He and his wife, Judy, shared that passion."
The construction of Zankel Hall required the digging of more than 6,300 cubic yards of bedrock - enough to fill 1 1/2 Olympic-size swimming pools. The hall sits about 40 feet below street level, directly under the main auditorium. A remote-control system of lifts, steel trusses and wagons allow artists to rearrange the floor and stage to fit most any performance.

"Arthur Zankel will be remembered as a kind, caring, humorous, brilliant, and wise person," Kenneth Bialkin, who served on the board of directors of Citigroup along with Zankel, told the Sun.

"Arthur did a lot of things that helped the world become a better place. And he was a really good friend to a lot of people," Weill said.

Zankel also was a trustee of the Teachers College at Columbia University and a director of White Mountains Insurance Group Ltd.

In addition to his wife, Zankel leaves four sons from a previous marriage.
http://www.wnyc.org/story/84102-carnegie-hall-benefactor-zankel-dies/


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Hall recital space that bears his name, plunged to his death from his ninth floor ...

Arthur Zankel, Concert-Hall Benefactor, Dies at 73 - New York ...
www.nytimes.com/2005/07/30/arts/30zankel.html
Jul 30, 2005 · Arthur Zankel, a financier who oversaw the Carnegie Hall endowment fund and made a $10 million donation that led to
the construction of a new concert space ...

Arthur Zankel, 73; Financier And Arts Patron
www.washingtonpost.com/wp-dyn/content/article/2005/07/29/...  Cached
Jul 30, 2005 · Arthur Zankel, 73, the financier who gave $10 million for the Carnegie Hall recital space that bears his name, plunged to
his death July 28 from his ninth ...


USATODAY.com    - Arthur Zankel dies in apparent suicide
usatoday30.usatoday.com/life/people/2005-07-29-zankel  ...  Cached
Jul 29, 2005 · Arthur Zankel, the financier who gave $10 million for the Carnegie Hall recital space that bears his name, plunged to his
death from his ninth floor ...


Arthur Zankel, 73; financier gave $10m to Carnegie Hall - The ...

www.boston.com  › News › Boston Globe › Obituaries

Jul 30, 2005 · NEW YORK -- Arthur Zankel, the financier who gave $10 million for the Carnegie Hall recital space that bears his name, plunged to his death from his ninth ...

Arthur Zankel - Selected Readings
www.engagingnews.us/select/Arthur+Zankel.html
Arthur Zankel, 73; Financier And Arts Patron. The Washington Post (Sat, 30 Jul 2005) Arthur Zankel, 73, the financier who gave $10
million for the Carnegie Hall ...

http://search.yahoo.com/search?fr=msgr-buddy&ei=UTF-8&p=Zankel%20Arthur%20DEAD

Ex-Citigroup banker Zankel dead in fall

NEW YORK (Reuters) - Arthur Zankel, a former Citigroup financier and patron of the arts, died in a fall from the ninth floor of his Manhattan apartment building, a family member said.

Zankel, 73, in a fall from the Fifth Avenue building on Thursday, his son Tom Zankel said.

He had been suffering from depression, The New York Times on Saturday quoted Sanford Weill, a close friend and the chairman of Citigroup (NYSE:C - news) as saying.

Weill recalled him as a friend of 50 years and the "most valued adviser" of his career.
http://www.rumormillnews.com/cgi-bin/archive.cgi?read=75922


In Response To: Ex-CITIGROUP BANKER ZANKEL DEAD IN FALL (hobie)

Just thinking outloud:

Didn't we have another banker die in a fall like this about 3 years ago??? I remember the news of it was quickly "disappeared" from the media and the original story morphed a number of times before it finally disappeared for good.

Not saying it's connected to this one... but it always catches my interest when perfectly healthy bankers "fall" to their deaths!! Oh but wait... oh yes... on a more careful reading... THIS banker was suffering from depression... Yeah right... I wonder why his friend Weill gave the reporter this line? Was he told to do so to stop people from asking questions?

This kinda makes me think that maybe the man knew something that the rest of us don't know... something so bad that MAYBE he really DID jump because he was afraid to face whatever is coming... What could it be???

Was it personal shame and humiliation? Could he know about something that just MIGHT become public?

Or could it be a world wide depression instead of just on indiVIDual dEpressiOn?

Just thinking out loud!!

 Ex-Citigroup banker Zankel dead in fall

: NEW YORK (Reuters) - Arthur Zankel, a former Citigroup : financier and patron of the arts, died in a fall from the : ninth floor of his Manhattan apartment building, a family : member said.

: Zankel, 73, in a fall from the Fifth Avenue building on : Thursday, his son Tom Zankel said.

: He had been suffering from depression, The New York Times on : Saturday quoted Sanford Weill, a close friend and the : chairman of Citigroup (NYSE:C - news) as saying.

: Weill recalled him as a friend of 50 years and the "most : valued adviser" of his career.

http://www.rumormillnews.com/cgi-bin/archive.cgi/read/75941


Robert Thomas Zankel

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ZANKEL--Robert Thomas. The Skidmore College community is greatly saddened by the loss of R. Thomas Zankel, son of our late trustee and benefactor Arthur Zankel. We cherish our deep connections to the Zankel family, and we extend our heartfelt condolences to all of the family members, including Judith Zankel; Thomas' brother Kenneth (Class of 1982) and sister-in-law Anna; his brother James (Class of 1992) and sister-in-law Pia (Class of 1992) and their son Luca; his brother Mark and sister-inlaw Susan and their children Maura and Andrew; his uncles Martin Zankel and Jeffrey Zankel; and his cousin Harun (Class of 2001). Suzanne Thomas '62
Chair, Board of Trustees Philip A. Glotzbach President .
Published in The New York Times from July 26 to July 27, 2007
.- See more at: http://www.legacy.com/obituaries/nytimes/obituary.aspx?pid=91436010#sthash.cdue35k7.dpuf

http://www.legacy.com/obituaries/nytimes/obituary.aspx?pid=91436010


CALIFORNIA | LOCAL


Arthur Zankel, 73; Real Estate Investor, Carnegie Hall Benefactor

July 30, 2005 | From Associated Press

Arthur Zankel, the financier who gave $10 million for the Carnegie Hall recital space that bears his name, plunged to his death from his ninth-floor apartment in New York City in an apparent suicide, police said Friday. He was 73. Zankel, Carnegie Hall's vice chairman, died Thursday at New York-Presbyterian Hospital after apparently jumping from his Fifth Avenue apartment, New York Police Det. Noel Waters said. Zankel jumped about 11 a.m. Thursday and landed in a rear courtyard, Waters said.http://articles.latimes.com/keyword/zankel-hall

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BUSINESS ADDRESS:
STREET 1: 85 FIFTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10003-3019
BUSINESS PHONE: 2122068800
</BUSINESS-ADDRESS>

MAIL ADDRESS:
STREET 1: 85 FIFTH AVENUE
STREET 2: 85 FIFTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10003-3019
</MAIL-ADDRESS>
</SUBJECT-COMPANY>

FILED BY:

COMPANY DATA:
COMPANY CONFORMED NAME:
ZANKEL ARTHUR
CENTRAL INDEX KEY:
0001098466
STANDARD INDUSTRIAL CLASSIFICATION: [
]</COMPANY-DATA>

FILING VALUES:
FORM TYPE: SC 13D/A
</FILING-VALUES>

BUSINESS ADDRESS:
STREET 1: 437
MADISON AVENUE
CITY:
NEW YORK
STATE: NY
ZIP:
10022
</BUSINESS-ADDRESS>

MAIL ADDRESS:
STREET 1: 437 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
</MAIL-ADDRESS>
</FILED-BY>
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>AMENDMENT #1
<TEXT>

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)

(Amendment No. 1 )(1)

Ark Restaurants Corp.
- --------------------------------------------------------------------------------
(Name of Issuer)

Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)

040712101
- --------------------------------------------------------------------------------
(CUSIP Number)

Arthur Zankel

535 Madison Avenue
New York, NY 10022 212-421-7250
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

June 26, 2000
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [_].

Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b)
for other parties to whom copies are to be sent.

(Continued on following pages)
(Page 1 of 3 Pages)

- ----------
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

(SC13D-07/99)


<PAGE>

CUSIP No. 040712101 13D Page 2 of 3 Pages

Arthur Zankel

- ----------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY

PF
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER 222,500

NUMBER OF
SHARES _________________________________________________________________
8 SHARED VOTING POWER -0-
BENEFICIALLY

OWNED BY

-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 222,500

REPORTING

PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER -0-
WITH

- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
222,500

- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

[ ]

- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.99%

- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN

- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>

CUSIP No. 040712101 13D Page 3 of 3 Pages
- --------------------------------------------------------------------------------
Item 1. Security and Issuer.

This statement relates to the common stock, $.01par value, of
Ark Restaurants Corp., 85 Fifth Avenue, New York, NY 10003.

- --------------------------------------------------------------------------------
Item 2. Identity and Background.

(a) Arthur Zankel

(b) 535 Madison Avenue, New York, NY 10022

(c) Fund Manager, Zankel Management LP

(d) During the last five years he has not been convicted in
any criminal proceeding.

(e) During the last five years he has not been a party to a civil
proceeding as a result of which he was or is subject to the
federal securities laws.

(f) U.S. Citizen

- --------------------------------------------------------------------------------
Item 3. Source and Amount of Funds or Other Consideration.

$2,045,564.08 from personal funds, non of which was borrowed.

- --------------------------------------------------------------------------------
Item 4. Purpose of Transaction.

The securities were acquired solely for investment purposes.

- --------------------------------------------------------------------------------
Item 5. Interest in Securities of the Issuer.

(a) 222,500 shares 6.99%

(b) sole voting power: 222,500 shares
sole dispositive power: 222,500 shares

(c) Mr. Zankel effected the following purchase transactions during the
past sixty (60) days:

Amt. of Price Where
Trade Date Securities Per Share Transacted

6/26/00 10,000 $ 7.11 All trades
6/28/00 8,400 $ 7.04 transacted on
6/29/00 4,100 $ 7.05 the NASDAQ
Over the Counter
Market
- --------------------------------------------------------------------------------
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.

None
- --------------------------------------------------------------------------------
Item 7. Material to be Filed as Exhibits.

None

- --------------------------------------------------------------------------------

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

7/6/00
----------------------------------------
(Date)

Arthur Zankel
----------------------------------------
(Signature)


Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----

http://www.sec.gov/Archives/edgar/data/779544/000072808300000068/0000728083-00-000068.txt


Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Each of the High Rise Partnerships are private investment
partnerships, the sole general partner of which is the General Partner.
As the sole general partner of each of the High Rise Partnerships,the
General Partner has the power to vote and dispose of the Securities owned
by each of the High Rise Partnerships and, accordingly, may be deemed
the "beneficial owner" of such Securities. The managing members of the
General Partner are Arthur Zankel and David O'Connor.

Each of the Cedar Bridge Partnerships are private investment partnerships, the
sole general partner of which is the CB General Partner. As the sole general
partner of each of the Cedar Bridge Partnerships, the CB General Partner has
the power to vote and dispose of the Securities owned by each of the Cedar
Bridge Partnerships and, accordingly, may be deemed the "beneficial owner"
of such Securities. The managing member of the CB General Partner is
the General Partner. The managing members of the General Partner are Arthur
Zankel and David O'Connor.

Pursuant to an investment advisory contract, High Rise Capital Management, L.P.
currently has the power to vote and dispose of the Securities held for the
account of certain managed accounts and, accordingly, may be deemed the
"beneficial owner" of such Securities. The general partner of High Rise
Capital Management, L.P. is Zankel Management GP L.L.C. Arthur Zankel is
managing member of Zankel Management GP L.L.C. David O'Connor is the
President of High Rise Capital Management, L.P. and shares investment
management duties with Mr. Zankel.

Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.

Each of the Reporting Persons hereby makes the following certification:

By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

DATED: November 7, 2003

/s/ David O'Connor
------------------------------------
David O'Connor
Individually;
And as managing member of:
(a) High Rise Capital Advisors, LLC;,
for itself and as
(i) the general partner of High Rise Partners, L.P.
(ii) the general partner of High Rise Institutional
Partners, L.P.
(iii) the managing member of Bridge Realty Advisors,
L.L.C, as general partnerof:
(A) Cedar Bridge Realty Fund, L.P.; and
(B) Cedar Bridge Institutional Fund, L.P. and
(b) High Rise Capital Management, L.P.
for itself and as the investment
manager of the Partnerships and
separate accounts

/s/ Arthur Zankel
-------------------------------------
Arthur Zankel
Individually;
And as the managing member of Zankel
Management GP L.L.C.


http://www.secinfo.com/d13Dxz.21.htm#o0n


SELLING STOCKHOLDERS


The following table provides the name of the selling stockholders and the number of shares of our common stock offered by the
selling stockholders under this prospectus. Because the selling stockholders may sell all or part of their shares of our common stock
under this prospectus and since this offering is not being underwritten on a firm commitment basis, we cannot estimate the number and
percentage of shares of our common stock that the selling stockholders will hold at the end of the offering covered by this prospectus.
In addition, certain of the selling stockholders may pledge some of their shares to secure financing, and in the event of a default under
the terms of such financing, the pledgees may cause those shares to be sold under this prospectus. On January 5, 2004, The 520 Group
purchased all of the shares of our capital stock held by certain entities affiliated with E.M. Warburg Pincus, LLC, including 22,062,951
shares of our Series B preferred stock, 5,000,000 shares of our common stock and warrants to purchase 2,500,000 shares of our
common stock. The 520 Group exchanged all of its shares of Series B preferred stock for common stock in our recapitalization
transaction that was completed March 12, 2004. The Price Family Charitable Trust, The Price Group LLC, the Robert & Allison Price
Charitable Trust, The Price Family Charitable Fund, the Robert & Allison Price Trust, San Diego Revitalization Corp., the Sol & Helen
Price Trust and TPG Sherman, LLC acquired the shares of common stock offered hereby in a number of transactions occurring over
several years, including in exchange for shares of our Series A preferred stock held by them in the recapitalization transaction. Cedar
Bridge Institutional Partners, L.P., Cedar Bridge Realty Fund, L.P., Folksamerica Reinsurance Company, High Rise Institutional
Partners, L.P., High Rise Partners II, L.P., St. Paul Insurance Co., Tyndall Institutional Partners LP and Tyndall Partners LP acquired
the shares of common stock offered hereby from San Diego Revitalization Corp. in private transactions completed on April 13, 2004.
Shares Beneficially Owned
Before the Offering
Shares Beneficially Owned
After the Offering

Name  Shares Being Offered  Number   Percent(1) Number  Percent
The 520 Group, LLC(2) 9,668,295 (3) 26.0 % 9,668,295 (3) — *
The Price Family Charitable Trust(4) 4,200,000 11.5 % 4,200,000 — *
The Price Group LLC(5) 3,199,413 (6) 8.7 % 3,199,413 (6) — *
Robert & Allison Price Charitable Trust(7) 2,098,496 5.7 % 2,098,496 — *
The Price Family Charitable Fund(8) 2,045,152 5.6 % 2,045,152 — *
Robert & Allison Price Trust(7) 1,327,759 3.6 % 1,327,759 — *
San Diego Revitalization Corp.(9) 522,498 1.4 % 522,498 — *
Sol & Helen Price Trust(4) 280,535 * 280,535 — *
TPG Sherman, LLC(10) 25,200 * 25,200 — *
High Rise Institutional Partners, L.P(11) 348,630 * 275,432 73,198 *
Folksamerica Reinsurance Company(12) 288,226 * 168,840 119,386 *
High Rise Partners II, L.P(13) 269,464 * 215,663 53,801 *
Tyndall Partners L.P.(14) 195,000 * 156,000 39,000 *
St. Paul Insurance Co.(15) 97,604 * 55,077 42,527 *
Cedar Bridge Realty Fund, L.P.(16) 77,580 * 57,274 20,306 *
Tyndall Institutional Partners LP(17) 55,000 * 44,000 11,000 *
Cedar Bridge Institutional Partners, L.P.(18) 40,476 * 27,714 12,762 *

* Less than 1%.

(1) Based on approximately 36,615,994 shares of our common stock outstanding as of May 4, 2004.

(2) The managers of The 520 Group are Barry McComic and Mark Daitch.

(3) Includes 625,000 shares of common stock issuable upon the exercise of a currently exercisable warrant.

(4) The sole trustee of each of The Price Family Charitable Trust and the Sol & Helen Price Trust is Sol Price.

(5) The managers of The Price Group are Sol Price, Robert E. Price, James F. Cahill, Jack McGrory, Murray Galinson, Kathy Hillan
and Joseph R. Satz.
14

(6) Includes 58,419 shares of common stock issuable upon the exercise of a currently exercisable warrant.

(7) The trustees of each of the Robert & Allison Price Trust and the Robert & Allison Price Charitable Trust are Robert E. Price and
Allison Price.

(8) The executive officers and directors of The Price Family Charitable Fund are Messrs. S. Price, R. Price, Cahill, McGrory,
Galinson and Satz and Allison Price, Helen Price, William Gorham and Kathy Hillan.

(9) The executive officers and directors of San Diego Revitalization Corp. are Messrs. S. Price, R. Price, Cahill, McGrory, Galinson,
Gorham and Satz and Ms. A. Price and Ms. Hillan.

(10) The manager of TPG Sherman is The Price Group.

(11) High Rise Institutional Partners, L.P. ("HRIP") is a private investment partnership, the sole general partner of which is High
Rise Capital Advisors, L.L.C. (the "General Partner"). As the sole general partner of HRIP, the General Partner has the right to vote
and dispose of the securities owned by HRIP and, accordingly may be deemed the beneficial owner of such securities. The managing
members of the General Partner are Arthur Zankel and David O'Connor. The foregoing should not be construed in and of itself as an
admission by any of the General Partner, Arthur Zankel or David O'Connor as to beneficial ownership of the shares owned by HRIP.

(12) Pursuant to an investment advisory contract, High Rise Capital Management, L.P. currently has the power to vote and dispose
of the securities held for the account of certain managed accounts, including Folksamerica Reinsurance Company and, accordingly,
may be deemed the beneficial owners of such securities. The general partner of High Rise Capital Management, L.P. is Zankel
Management GP, L.L.C. Arthur Zankel is the managing member of Zankel Management GP L.L.C. David O'Connor is the President of
High Rise Capital Management, L.P. and shares investment duties with Mr. Zankel. The foregoing should not be construed in and of
itself as an admission by any of High Rise Capital Management, L.P., Zankel Management GP, L.L.C., Arthur Zankel or David
O'Connor as to beneficial ownership of the shares owned by Folksamerica Reinsurance Company.

(13) High Rise Partners II, L.P. ("HRP") is a private investment partnership, the sole general partner of which is the General
Partner. As the sole general partner of HRP, the General Partner has the right to vote and dispose of the securities owned by HRP and,
accordingly may be deemed the beneficial owner of such securities. The managing members of the General Partner are Arthur Zankel
and David O'Connor. The foregoing should not be construed in and of itself as an admission by any of the General Partner, Arthur
Zankel or David O'Connor as to beneficial ownership of the shares owned by HRP.

(14) The sole general partner of Tyndall Partners, L.P. ("Tyndall Partners") is Tyndall Capital Partners, L.P. (the "Tyndall General
Partner"). As the sole general partner of Tyndall Partners, the Tyndall General Partner has the right to vote and dispose of securities
owned by Tyndall Partners and, accordingly may be deemed the beneficial owner of such securities. Jeffrey Management, LLC is the
general partner of the Tyndall General Partner. Jeffrey S. Halis is the sole member of Jeffrey Management, LLC. The foregoing
should not be construed in and of itself as an admission by the Tyndall General Partner, Jeffrey Management, LLC or Jeffrey S. Halis
as to beneficial ownership of the shares owned by Tyndall Partners.

(15) Pursuant to an investment advisory contract, High Rise Capital Management, L.P. currently has the power to vote and dispose
of the securities held for the account of certain managed accounts, including St. Paul Insurance Co., and, accordingly, may be deemed
the beneficial owners of such securities. The general partner of High Rise Capital Management, L.P. is Zankel Management GP,
L.L.C. Arthur Zankel is the managing member of Zankel Management GP L.L.C. David O'Connor is the President of High Rise
Capital Management, L.P. and shares investment duties with Mr. Zankel. The foregoing should not be construed in and of itself as an
admission by any of High Rise Capital Management, L.P., Zankel Management GP, L.L.C., Arthur Zankel or David O'Connor as to
beneficial ownership of the shares owned by St. Paul Insurance Co..

(16) Cedar Bridge Realty Fund, L.P. ("CBR") is a private investment partnership, the sole general partner of which is Bridge Realty
Advisors, L.L.C. (the "CB General Partner"). As the sole general partner of CBR, the CB General Partner has the right to vote and
dispose of the securities owned by CBR and, accordingly may be deemed the beneficial owner of such securities. The managing
member of the CB General Partner is the General Partner. The managing members of the General Partner are Arthur Zankel and
David O'Connor. The foregoing should not be construed in and of itself as an admission by any of the CB General Partner, the General
Partner, Arthur Zankel or David O'Connor as to beneficial ownership of the shares owned by CBR.

(17) The sole general partner of Tyndall Institutional Partners, L.P. ("TIP") is the 'Tyndall General Partner. As the sole general
partner of TIP, the Tyndall General Partner has the right to vote and dispose of securities owned by TIP and, accordingly may be
deemed the beneficial owner of such securities. Jeffrey Management, LLC is
15
the general partner of the Tyndall General Partner. Jeffrey S. Halis is the sole member of Jeffrey Management, LLC . The foregoing
should not be construed in and of itself as an admission by the Tyndall General Partner, Jeffrey Management, LLC or Jeffrey S. Halis
as to beneficial ownership of the shares owned by TIP.
(18) Cedar Bridge Institutional Partners, L.P. ("CBI") is a private investment partnership, the sole general partner of which is the
CB General Partner. As the sole general partner of CBI, the CB General Partner has the right to vote and dispose of the securities
owned by CBI and, accordingly may be deemed the beneficial owner of such securities. The managing member of the CB General
Partner is the General Partner. The managing members of the General Partner are Arthur Zankel and David O'Connor. The foregoing
should not be construed in and of itself as an admission by any of the CB General Partner, the General Partner, Arthur Zankel or David
O'Connor as to beneficial ownership of the shares owned by CBI.

As part of The 520 Group's purchase of shares of our capital stock in January 2004, we entered into an amended and restated registration rights agreement with The 520 Group in which we agreed, among other things, to file a registration statement covering the shares of common stock held by The 520 Group. Other selling stockholders also are parties to the registration rights agreement, under which they have the right to request that their shares of common stock be included in any registration by us of any of our equity securities, and they have exercised this right to include their shares in the registration statement of which this prospectus forms a part. In addition, we determined to include in the registration statement of which this prospectus forms a part the shares of common stock being offered by the remaining selling stockholders.

The selling stockholders do not have any position, office or other material relationship with us or any of our affiliates, nor have they had any position, office or material relationship with us or any of our affiliates within the past three years, except their participation in the recapitalization transaction described above and the merger with Excel Legacy in September 2001 and that:
• Jack McGrory, Chairman, President and Chief Executive Officer of Price Legacy, James F. Cahill and Murray Galinson, each a director of Price Legacy, and Sol Price and Robert Price, significant stockholders of Price Legacy, are co-managers of The Price Group and executive officers and directors of The Price Family Charitable Fund and San Diego Revitalization Corp.,

• Mr. S. Price is the sole trustee of each of The Price Family Charitable Trust and the Sol & Helen Price Trust, and

• Mr. R. Price is a trustee of each of the Robert & Allison Price Trust and the Robert & Allison Price Charitable Trust.
16
http://sec.edgar-online.com/price-legacy-corp/s-3-securities-registration-statement-simplified-form/2004/05/21/section8.aspx  

----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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9wVLhK4zJXvDUwmHbzN8Rg==

<SEC-DOCUMENT>0000950117-04-000280.txt : 20040122
<SEC-HEADER>0000950117-04-000280.hdr.sgml : 20040122
<ACCEPTANCE-DATETIME>20040122170727
ACCESSION NUMBER: 0000950117-04-000280
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20040122

FILED BY:

COMPANY DATA:
COMPANY CONFORMED NAME: ZANKEL ARTHUR
CENTRAL INDEX KEY: 0001098466

FILING VALUES:
FORM TYPE: SC 13D/A

BUSINESS ADDRESS:
STREET 1: 437 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022

MAIL ADDRESS:
STREET 1: HIGH RISE PARTNERS LTD
STREET 2: 535 MADISON AVE
CITY: NEW YORK
STATE: NY
ZIP: 10022

SUBJECT COMPANY:

COMPANY DATA:
COMPANY CONFORMED NAME: ARK RESTAURANTS CORP
CENTRAL INDEX KEY: 0000779544
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812]
IRS NUMBER: 133156768
STATE OF INCORPORATION: NY
FISCAL YEAR END: 0930

FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-37165
FILM NUMBER: 04538209

BUSINESS ADDRESS:
STREET 1: 85 FIFTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10003-3019
BUSINESS PHONE: 2122068800

MAIL ADDRESS:
STREET 1: 85 FIFTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10003-3019
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>a36903.txt
<DESCRIPTION>ARK RESTAURANTS CORP./ARTHUR ZANKEL
<TEXT>

<PAGE>

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

Ark Restaurants Corp.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

040712-10-1
(CUSIP Number)

Arthur Zankel
535 Madison Avenue
New York, NY 10022
212-421-7250
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)

December 19, 2003
(Date of Event which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box [ ].

Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
<PAGE>

CUSIP No. 040712-10-1 13D Page 2 of 4

<TABLE>
<S> <C>
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Arthur Zankel
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
PF
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER 202,500

NUMBER OF

SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER -0-
BENEFICIALLY

OWNED BY
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 202,500

REPORTING

PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER -0-
WITH

</TABLE>

<PAGE>
CUSIP 040712-10-1 Page 3 of 4

<TABLE>
<S> <C>
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
202,500
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.37%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
</TABLE>
- --------------------------------------------------------------------------------
Item 1. Security and Issuer.

This statement relates to the common stock, $.01 par value, of
Ark Restaurants Corp., 85 Fifth Avenue, New York, NY 10003.

- --------------------------------------------------------------------------------
Item 2. Identity and Background.

(a) Arthur Zankel

(b) 535 Madison Avenue, New York, NY 10022

(c) Fund Manager, High Rise Capital Management LP

(d) During the last five years he has not been convicted in any
criminal proceeding.

(e) During the last five years he has not been a party to a civil
proceeding as a result of which he was or is subject to the
federal securities laws.
(f) U.S. Citizen
- --------------------------------------------------------------------------------
Item 3. Source and Amount of Funds or Other Consideration.
- --------------------------------------------------------------------------------
Item 4. Purpose of Transaction.
- --------------------------------------------------------------------------------
Item 5. Interest in Securities of the Issuer.

(a) 202,500 shares 6.37%

(b) sole voting power: 202,500 shares

<PAGE>

CUSIP 040712-01-1 Page 4 of 4

sole dispositive power: 202,500 shares

(c) Mr. Zankel effected the following sale transactions during the past
sixty (60) days:

<TABLE>
<CAPTION>
Amt. of Price
Trade Date Securities Per Share
<S> <C> <C>
11/19/03 1,500 $12.75
11/28/03 1,500 $12.75
12/03/03 4,000 $12.765
12/08/03 3,000 $12.75
12/11/03 2,400 $12.765
12/12/03 1,900 $12.75
12/18/03 3,000 $12.75
12/19/03 2,700 $12.75
</TABLE>

All trades were transacted on the NASDAQ Over the Counter Market
- -----------------------------------------------------------------------

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.

None
- -----------------------------------------------------------------------
Item 7. Material to be Filed as Exhibits.

None

- -----------------------------------------------------------------------

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Date: January 14, 2004

/s/ Arthur Zankel
-----------------
(Signature)
Arthur Zankel

Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----


http://www.sec.gov/Archives/edgar/data/779544/000095011704000280/0000950117-04-000280.txt


Zankel Estate Announces $120 Million in Bequests

June 6, 2006
The estate of the late Arthur Zankel, a longtime Citigroup board member and former co-managing partner of First Manhattan Company, has announced bequests totaling more than $120 million to six New York-based nonprofit organizations and charities.

According to Arthur Zankel's brother Martin, the executor of the estate, the gifts represent the bulk OF the estate and reflect Zankel's lifelong commitment to educational, cultural, and human service causes. The largest bequest, $42 million, was awarded to Skidmore College to support the construction and operation of the Arthur Zankel Music Center on the college's Saratoga Springs campus, along with a scholarship program, the development of a program in arts administration, and other initiatives. In addition, Carnegie Hall will receive $22 million to support the programs and operations of the Judy and Arthur Zankel Hall, the organization's new performance and education venue, while Teachers College at Columbia University will receive $10 million to establish the Arthur Zankel Urban Fellowships — fifty $10,000 scholarships that will be given to both masters and doctoral students with demonstrated financial need.

Also announced were gifts of $4 million to the Society of Illustrators to support its Museum of American Illustration, and $8 million to the UJA-Federation of New York to fund fellowships to enable young people to experience Israel, establish a depression-treatment center in New York, and strengthen services for those in need in New York, Israel, and around the world. Most of the rest of the estate was left to the Zankel Fund, which Arthur Zankel established years ago and which focuses its giving on education and assistance to those in need.

"The gifts that we are privileged to announce today are the culmination of my brother's intense commitment to sharing his good fortune with those who are not so fortunate, and to promote education as the tool for progress, a proposition in which he deeply believed," said Martin Zankel. "He practiced philanthropy as an integral part of his life for almost forty years and was determined that his resources would have an impact on the life of his community."

"Estate of Arthur Zankel Announces Donations Exceeding $120 Million" Estate of Arthur Zankel Press Release 06/02/2006.

Subjects: arts and culture; education; higher education; human services; philanthropy and voluntarism

Location: New York; New York City; Sarasota Springs

http://www.philanthropynewsdigest.org/news/zankel-estate-announces-120-million-in-bequests

Paid Notice: Deaths
ZANKEL, ROBERT THOMAS

Published: July 26, 2007

ZANKEL--Robert Thomas. The Skidmore College community is greatly saddened by the loss of R. Thomas Zankel, son of our late trustee and benefactor Arthur Zankel. We cherish our deep connections to the Zankel family, and we extend our heartfelt condolences to all of the family members, including Judith Zankel; Thomas' brother Kenneth (Class of 1982) and sister-in-law Anna; his brother James (Class of 1992) and sister-in-law Pia (Class of 1992) and their son Luca; his brother Mark and sister-inlaw Susan and their children Maura and Andrew; his uncles Martin Zankel and Jeffrey Zankel; and his cousin Harun (Class of 2001). Suzanne Thomas '62
Chair, Board of Trustees Philip A. Glotzbach President ZANKEL--Robert Thomas, 44, passed away on July 19, 2007. Son of Arthur and Nancy, stepson of Judy, and brother of Kenneth, Mark and James. Funeral services will be held on Friday, July 27, 2007, 11:30am at
Frank E. Campbell (The Funeral Chapel), Madison Avenue at 81st Street. In lieu of flowers, donations may be sent to the University of Michigan Business School. ZANKEL--Robert Thomas. Tommy's untimely death is a tragic loss for us, and for all those who knew and
loved him. Our hearts break for everyone in his family, for Sarah, and the many friends of all ages who will miss and mourn him. We will always cherish the wonderful and joyous memories of happy and sunny days. Mona and Carleton Dukess ZANKEL--Thomas. Iridian Asset Management LLC mourns the loss of Tom Zankel. Tom has been our colleague and friend for over 11 years and he will be profoundly missed. Our thoughts and prayers are with Tom's family and fiance. David L. Cohen Harold J. Levy Co-Chief Executive Officers ZANKEL--Thomas. The Society of Illustrators wishes to extend our deepest condolences to the Zankel family. ZANKEL-- Tommy. My heart cries for Tommy and his brothers after hearing of Tommy's death. Love you, your past stepmother... Hedy Davis Kaye Zankel
http://query.nytimes.com/gst/fullpage.html?res=980DE1DE133AF935A15754C0A9619C8B63

Paid Notice: Deaths
ZANKEL, R. THOMAS

Published: July 24, 2007

ZANKEL--R. Thomas . Teachers College is greatly saddened at the passing of R. Thomas Zankel, a valued member of our Board of Trustees and the son of our late Board Vice Chair, Arthur Zankel. Tom was a young and vital person who, in the short time that he was part of the Teachers College community, contributed a great deal and truly made his presence felt. He cared deeply about the College, about education and about the well-being of others, particularly those who were less fortunate than he. Tom's passing is a profound loss for all who were touched by his grace and good humor, and for all who might have benefitted from his passion and energy in the years to come. Our thoughts are with Tom's fiance and family. Susan H. Fuhrman, President Teachers College, Columbia University John W. Hyland, William D. Rueckert, Laurie M. Tisch, Teachers College Board of Trustees ZANKEL--Robert Thomas. The Board of Directors and employees of Ark Restaurants Corp. are deeply saddened by the untimely death of our friend, board member and colleague, Tom Zankel. We wish to express our deepest condolences to his entire family. ZANKEL--Robert Thomas, 44, passed away on July 19, 2007. Proud son, beloved brother, treasured brother-inlaw, adored uncle, revered nephew, and cherished fiancee. We are heart broken. Your spirit, your caring, your generosity, your smile, your laugh, your sweetness and your love carry forward with us all. We love and miss you dearly. Judy; Kenneth and Anna; Mark, Susan, Maura and Andrew; James, Pia, and Luca Zankel; Martin Zankel, and Jeffrey Zankel. ZANKEL--Thomas. The Board of Big Brothers Big Sisters of NYC want to extend our condolences to the family of Tom Zankel, our valued trustee. Tom has shown extraordinary leadership and commitment to our mission and will be missed by all of us. Laura Parsons, DPsy, Chairman Edward L. Gardner, Chairman Emeritas
http://query.nytimes.com/gst/fullpage.html?res=9b05efdf133af937a15754c0a9619c8b63

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