Moving and Storage Business News

The News Review:

- Bond Street Begins Transition
- Bailey Street Addresses Confusion Caused By Bombay Company Filing
- Lutherville-based Preston Partners Inc. transactions total $73.6M.

Bond Street Begins Transition
New York Sun – Sep 27, 2007
Activity at the building appears to have stopped, according to city records, and other discussions for its use are under way, she said. The owner of the building, Eric Taub, did not respond to calls for comment. The developer and owner of a self-storage company, Adam Gordon, is tearing down buildings at 41 and 43 Bond Street to make room for a nine-story condominium. He also purchased 57 Bond St. the site of the former Bouwerie Lane Theater and plans to restore the French Second Empire-style building to its original look, when it was home to the Bond Street Bank. The building will have a central entrance on Bond Street and the theater space is being converted into two retail stores. Several art galleries have already begun asking about the spaces, Mr.

Bailey Street Addresses Confusion Caused By Bombay Company Filing
Furniture World Magazine – Furniture World Magazine (press release) – Sep 27, 2007
The confusion in the media releases has come about because Bombay Company still had a dormant company whose name is similar to ours. They were required to divulge that in their filing and the phones started ringing. Were happy to say that we just finished the best fiscal year in company history with double digit sales increases and a good profit performance, said Greg Waylock, president and one of the founders of Bailey Street Holding Company…
This new concept chair allows the retailer to offer as many of the upholstery patterns as they wish. They can either stock all the patterns or as few as they wish. The Couture Covers come in a self storage bag and can be displayed in the available free furniture display fixture (minimum purchase of six chairs is required) or maintained as back stock. When the retailers customer orders a particular style of cover, the finished chair can be available in as little as 5 minutes. One Couture Covers base chair can be sold in any of the styles and be ready for immediate customer delivery. The fashion forward nature of the design and unique fastening system creates incredible value for the customer, said Waylock. The concept allows the retailer to stock a limited number of the base chairs and as many of the upholstery styles they wish.

Lutherville-based Preston Partners Inc. transactions total $73.6M.
Free with registration – Daily Record – AccessMyLibrary.com – Sep 27, 2007
, a full-service commercial real estate service company, announced the closing of four transactions, totaling $73. 6 million, during the third quarter of 2007. The transactions were the refinancing of a self-storage portfolio on Maryland’s Eastern Shore, valued.