If your taste for furniture runs as rich
as filet mignon but your budget is more rice and beans, don't
fret. At furniture warehouse sales, you can outfit your home
in high style for the price of an IKEA outing.
Many of the city's finest furniture purveyors - ABC Carpet
& Home and Modernica among them - stage annual warehouse
sales during which they clear their showrooms of last year's
models, returns and damaged goods.
Prices are slashed up to 80 percent at these events, making
that sleek Italian couch as affordable as a Jennifer
"We like to regularly sweep our floor of stuff that has
been sitting around too long," says Sergio Palazzetti, owner
of Palazzetti, a small chain of furniture stores specializing
in modern classics. "And our customers benefit from that
But you have to be patient: While there are sales starting
this month, there are many more sprinkled throughout the year.
So get your calendar ready:
Halcyon Summer Yard Sale (227 Smith St., Brooklyn;
 260-9299]): If retro is your style, make sure to pop
into Halcyon's Summer Yard Sale, which starts today.
This groovy coffee-and-sandwich shop on one of Brooklyn's
hippest streets sells equally groovy furnishings gleaned from
estate sales and auctions in the tristate area.
If you're quick, you can get your hands on a two-piece,
leopard-covered sectional couch from the '60s for less than
$500 (originally $1,200), coffee tables at $40 to $50
(regularly $85 to $100) and end tables from $25 to $40
(regularly about $65).
The sales will be held on Saturdays in good weather
throughout the summer. And the hours suit early birds and
night owls alike: 11 a.m. to 2 a.m.
Palazzetti Warehouse Sale (35 River St., New
Rochelle, N.Y.;  654-2900): Scheduled for May 16-19,
Palazzetti's upcoming sale will include contemporary-style
beds, sofas and chairs, all of them floor samples, window
samples, older inventory or pieces that arrived with the
The store, which holds several such sales a year, will
offer 20 to 80 percent off showroom prices.
ABC Carpet & Home at Tanger Outlet Center (1947
Old Country Road, Suite 1601, Riverhead, N.Y.; 
473-3000): While most warehouse sales last only a few days,
this one will continue for (brace yourself) three months after
it opens on June 6.
Directed at summer-house owners and renters who want to
spruce things up for the season without tempting personal
bankruptcy, the sale will include striped cotton area rugs,
bamboo bedroom sets and marked-down patio furniture.
But be sure to keep your eye trained on the bargains; many
of the items on sale (such as sumptuous Matteo sheets) will be
offered at regular prices, while others will be discounted up
to 75 percent.
Modernica Sample Sale (57 Greene St., between Broome
and Spring streets;  219-1303): Since this company's
warehouse is in Los Angeles, Modernica calls its large annual
New York sale a sample sale. Much of the merchandise, however,
is trucked to SoHo from Modernica's L.A. warehouse.
Everything at the July 19 to 21 sale will be 40 to 60
percent off. This year's bounty will include slightly damaged
George Nelson Bubble Lamps ($150 to $225), upholstered chairs
($500 to $1,100) and Case Study storage units ($500 to
Michaelian & Kohlberg (578 Broadway, between
Prince and Houston streets;  431-9009): This
to-the-trade-only purveyor of handmade rugs from around the
world opens its doors to consumers just once a year.
But from Sept. 26 to 29, regular Joes like you and me will
be able to realize incredible savings on varieties including
hand-knotted Tibetan, needlepoint and modern patterns as well
A 6-by-9 area rug that usually sells for $2,000 to $5,400
can be snatched up for $500 to $3,000, representing 40 to 70
percent off regular prices.
Cassina USA (Metropolitan Pavilion, 110 W. 19th St.,
between Sixth and Seventh avenues;  423-4560): Take home
Euro-designed couches, pull-up chairs, armchairs, tables and
bookcases at up to 70 percent off retail prices when you visit
Cassina's annual warehouse sale, running Oct. 25 to 27.
This high-end Italian furniture closeout will include
damaged goods, overstocked items, and display units. Last
year, seven trailer loads full of furniture sold at a brisk
pace; Cassina insiders expect about the same volume to be
cleared out this time.