Maltz Generates $43 Million in Sales within Three Hours

MALTZ AUCTIONS GENERATES $43M IN SALES WITHIN THREE HOURS

A Whirlwind Day of Sales Sets Bar For 2018

(Islandia, NY) June 2018- Maltz Auctions, a premier full-service auction company serving the New York Metropolitan region, generated in excess of $43 million in sales during a whirlwind day of auctions from the ballroom of the Sheraton LaGuardia East Hotel in Flushing, which included the sale of 139 NYC taxi medallions, a Queens development site, as well as a corner building in Nassau County.

There was standing room only as bidders and spectators attended the auctions, with final selling prices of:

$24,270,000 for 139 NYC Taxi Medallions

$18,450,000 for a Jamaica, Queens Corner Development Site

$356,000 for a Inwood, NY Commercial Building

For details about additional upcoming auctions visit MaltzAuctions.com.

About Maltz Auctions:

Maltz Auctions is a premier, full-service auction company specializing in creating liquidity through the auction method of marketing. Now a $100+ million company with an impeccable reputation for professionalism, integrity and success, Maltz Auctions has conducted thousands of auctions and generated over $2 billion in sales on behalf of such clients as the U.S. Bankruptcy Courts and financial institutions throughout the country, the U.S. Department of Justice, the Securities and Exchange Commission, the Internal Revenue Service, N.Y. State Department of Taxation & Finance, Court Appointed Receivers, Estate Executors and Public Administrators, as well as law firms, private individuals and corporations, nationwide. Maltz Auctions is court approved to act as auctioneers, real estate brokers and receivers. The 35-year-old firm is nationally recognized as a trusted name in excellence and achievement.