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Two Suspects Nabbed In New Rochelle Million Dollar Jewelry Store Burglary

An extensive, multi-jurisdictional police investigation into a million dollar jewelry store theft in New Rochelle has led to the arrest of two men, according to police investigators.

Kevin A. Lyde

Kevin A. Lyde

Photo Credit: New Rochelle Police Department
Kevin Young

Kevin Young

Photo Credit: New Rochelle Police Department

New Rochelle Police Capt. Robert Gazzola announced on Friday morning that early on Thursday, April 5, members of the New Rochelle Police Department, the Westchester County District Attorney’s Investigators Office, the Bergen County, N.J. Prosecutor’s Office and the Port Chester Police Department executed search warrants at various locations in Brooklyn and Manhattan in connection to the Feb. 5 burglary of New Rochelle Coin & Jewelry on Division Street, leading to the arrests of Brooklyn residents Kevin Lyde and Kevin Young, both 55.

Gazzolla said that during the execution of the search warrants, “several items of evidentiary value were located,” and the two men were taken into custody. Each was subsequently charged with first-degree grand larceny and burglary, both felonies.

Officers were dispatched to New Rochelle Coin & Jewelry shortly before 9 a.m. on Feb 2, when the owner opened for the day and found that "the premise was ransacked and numerous pieces of jewelry were missing." It was later determined that the suspects allegedly accessed the building through the roof.

“These arrests are the culmination of an extensive, month’s long investigation into this and similar burglaries in other communities believed to have been committed by these individuals,” Gazzolla stated. “The professionalism and cooperation among the above-mentioned department’s led to the successful conclusion of this case.”

Both men have been booked and are currently being held pending arraignment. Police officials said that the burglary investigation remains open, as a third suspect still has not been located.

“These arrests are the culmination of an important multi-jurisdictional effort involving our criminal investigators, the New Rochelle Police Department, the Bergen County Prosecutor’s Office and the Port Chester Police Department,” Westchester County District Attorney Anthony Scarpino, Jr. said in a statement. “We want to thank all of our partners for this seamless collaboration to bring this two-state burglary spree to an end.”

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