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Feinblum selling one Phoenix-area Levitz store

Scottsdale unit only one involved

By Furniture Today Staff -- Furniture Today, January 17, 2006

PLAINVIEW, N.Y. — Julius M. Feinblum Real Estate said it made an error in an advertisement that details the marketing of closing Levitz Home Furnishings stores. The ad ran in the Jan. 16 issue of Furniture/Today.

In Arizona, Feinblum is marketing only the closing Scottsdale store, not the other Phoenix-area stores as the advertisement suggests, said Feinblum Vice President Fred Feinblum.

Feinblum was brought in by Hilco Real Estate, the real estate consultant to Levitz’s new owner, Prentice Capital Management, to market the 34 closing Levitz stores to the furniture industry. It estimates 30% to 40% of the locations could wind up in the industry.

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