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$35,000,000+ Sales in June and July Prove Successful for David R. Maltz & Co., Inc. Despite the Traditional Summer Months Slowdown

PlainviewNY  September 12, 2009 – June and July of 2009 proved to be quite successful as the team at David R. Maltz & Co., Inc. conducted over 20 auction events on behalf of such clients as the U.S. Bankruptcy Courts, State Tax Institutions, Financial Institutions, Public Companies, and Private Sellers. In the two month span, the firm auctioned off luxury residential homes and estates, development sites, building lots, commercial buildings, an indoor sports facility, basketball courts, 500+ automobiles, jewelry, contents of various businesses and yachts.

Highlighted auctions include three residential properties related to the $700 million Marc Dreier ponzi scheme that grossed over $18,000,000 for the respective bankruptcy estate. The properties sold for this estate include a condominium residence located in the luxurious Bloomberg Tower in New York City and water view and waterfront residences in the prestigious Hamptons on the eastern end of Long Island. Other auctions include a $4,500,000+ auction for the New York Racing Association of more than 50 vacant lots in Queens, New York (totaling 325,000+ Sq. Ft.) and a 38,000 sq. ft. indoor sports facility in Long Island, NY for $3,400,000 related to the $370 million Agape World ponzi scheme.  In total, David R. Maltz & Co., Inc. realized in excess of $35,000,000 in sales, solidifying its place as one of the nation’s premier and most successful auctioneering firms.

Parties interested in obtaining further information on the company or to request information on its services are encouraged to contact a team member at 516.349.7022.


About David R. Maltz & Co., Inc.

David R. Maltz & Co., Inc., is the premier full service auction company specializing in the timely sale of real estate in a professional manner. Since inception more than 30 years ago, they have built a $100+ million a year corporation with an impeccable reputation for professionalism, honesty, integrity and success.  The firm has 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. David R. Maltz & Co., Inc. is nationally recognized as a name in excellence and achievement.