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After 40+ Years, Foremost Furniture, One of NYC`s Largest Stores is out of business and its $3 million+ inventory will be sold at public auction next week

Released on = July 12, 2007, 6:04 am

Press Release Author = David R. Maltz & Co., Inc. - Richard B Maltz

Industry = Consumer Services

Press Release Summary = After more than 40 years of selling high quality, middle to
upper-end home furnishings to customers throughout the tri-state area, this well
known furniture store will be closing its doors forever, but not before the
inventory is sold in a creditor's settlement sale. The extensive inventory is
valued at more than $3 million, but will likely bring a small fraction of such cost
at the one day only, public auction event

Press Release Body = Plainview NY, July 11, 2007- David R. Maltz & Co., Inc.,
Auctioneers today announced the public auction sale of Foremost Furniture. After
more than 40 years of selling high quality, middle to upper-end home furnishings to
customers throughout the tri-state area, this well known furniture store will be
closing its doors forever, but not before the inventory is sold in a creditor's
settlement sale. The extensive inventory is valued at more than $3 million, but
will likely bring a small fraction of such cost at the one day only, public auction
event

The inventory consists of fine furniture styles, from traditional to modern and
casual to formal selections, with many pieces by very well known designers and
artists. Bedroom sets, living and dining rooms, entertainments centers, chandeliers
and art represent a sampling of what will be sold at heavily discounted prices.

The auction will be conducted on July 17th, 2007 at 11:00 am at the Foremost
Furniture retail showroom located at 8 West 30th Street on the 5th floor in New
York, NY. A two-hour preview/inspection of the inventory will begin promptly at 9
am the morning of the sale. Attendees are urged to bring cash or certified funds, as
these are the only accepted forms of payment.

About David R. Maltz & Co., Inc.,
David R. Maltz & Co., Inc., is the premier full service auction company specializing
in debt related sales. Since our inception 29 years ago, we have built a $100+
million a year corporation with an impeccable reputation for professionalism,
honesty, integrity and success. We have conducted thousands of auctions on behalf
of such clients as the United States Bankruptcy Courts and Financial Institutions
throughout the United States, The United States Department of Justice, The Internal
Revenue Service, The United States Government Small Business Administration, Law
Firms, Private Individuals and Corporations, nationwide. Our Company is nationally
recognized as a name in excellence and achievement. For additional information
please contact us at
516.349.7022 or visit our website at www.MaltzAuctions.com.

###


Web Site = http://www.maltzauctions.com/auction_detail.php?ID

Contact Details = David R. Maltz & Co., Inc.
155 Terminal Drive
Plainview, NY 11803
p: 516.349.7022
f: 516.349.0105
w: www.MaltzAuctions.com

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