After the shooting, Maranzano declared himself Capo di tutti Capi, celebrating with a big three day banquet at the same Coney Island restaurant.

According to Nick Gentile, there was an immense table in the middle with a big tray, in which everybody who attended placed money. The money was supposed to go to the relatives of victims of the gang war. In reality, Maranzano pocketed 100,000 for himself. In 1931. This greed probably didn't sit well with many of the younger mobsters.