Get the latest news and trends on Long Island companies and the people behind them.
Bankrupt Dewey & LeBoeuf's furniture in Westbury
In a nondescript warehouse, at the end of a narrow drag off Old Country Road in Westbury, sit the regal dregs of the once storied law firm Dewey & LeBoeuf.
The furniture, "like new, for less!" occupies the dimly lit, 35,000 square foot showroom of liquidator Business Asset Furniture (BAF), and "must be sold," according to a YouTube video BAF has posted marketing the high-end pieces.
It's a somber end for a firm that once operated out of a lofty Manhattan building, according to AmericanLawyer.com, which first wrote about the location of the furniture pieces.
Now at BAF, customers can buy Dewey & LeBoeuf furniture suites worth $12,000 -- which include a desk, chair, credenza and cabinet set -- for $1,200, BAF partner Tommy Voxakis said Thursday as he showed off the pieces his company was selling.
There were leather topped mahogany desks with gold leaf inlay -- which was used by the firm's partners -- turn of the century antique cabinets, leather tufted chairs, and brass legged tables.
"It’s like getting your $1,000 Gucci bag for 100 bucks pre-owned, it’s just a great deal," he said.
Dewey & LeBoeuf filed for the largest law firm bankruptcy in the United States in May 2012 after the flight of a string of partners and the company's financial woes were made public. The firm was the result of a 2007 merger between Dewey Ballantine and LeBoeuf, Lamb, Greene & MacRae, and at one point had more than 1,000 attorneys that operated in 26 offices around the world.
About 40 percent of BAF's showroom is occupied by Dewey & LeBoeuf furniture, and the pieces are "selling like wildfire," Voxakis said. Law firms, small businesses and even homeowners have been buying the furniture, and there are still 25 trailers full of Dewey & LeBoeuf pieces in storage, he said.
Among BAF's collection is also a rare piece -- a cabinet belonging to former presidential candidate and governor of New York Thomas Dewey when he served as a senior partner of Dewey & LeBoeuf's predecessor. Voxakis said he had the piece appraised and thinks it is worth $50,000 to $60,000.
For now, he likes the cabinet in his showroom. “We keep it here as a badge, to do one of the biggest law firms in the country, it’s a badge for us," he said.
But Voxakis added that he would sell the cabinet depending on who the buyer was, saying maybe he would sell it to "another law firm who wants the karma."