Company grew from blankets to board room

Article Abstract:

David Einstein founded Commercial Office Furniture of Philadelphia in 1946 under the name Commercial Trading Co. He began selling all kinds of goverment surplus including horse blankets from World War I. Under the leadership of David Einstein, his son Alan, who joined the company in 1970, and Joan Waters, who came on board in 1988, the company has grown to the point where profits were $16 million in 1998.

Office Furniture, Office Furniture (including Fixtures) Manufacturing, Commercial Office Furniture Co.

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Warning shot on tax breaks: Center City District report strongly criticizes Keystone zones

Article Abstract:

The tax abatements granted to help build Keystone Opportunity Improvement Zone and two other buildings is expected to cost Philadelphia millions and halt tax-law changes. The Center City District, a municipal services and economic development agency, analyzed the impact of granting tax-cutting Keystone Opportunity Improvement Zone status to help build office buildings at a time of rising vacancy rates.

Sales, profits & dividends, New Jersey, Taxes, Taxation, Design and construction, Company sales and earnings, Company earnings/profit, Real estate management firms, Tax abatement, Industrial real estate

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Holt Group Inc. fiels Chap. 11 bankruptcy

Article Abstract:

Holt Group Inc. is filing for Chapter 11 bankruptcy. Leo Holt, son of Thomas J. Holt who heads the firm, said that the company would emerge from bankruptcy by summer.

TRANSPORTATION SERVICES, Support Activities for Transportation, Transportation industry, Holt Group Inc.

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