Glen Oaks Village, which was built in 1947 and converted to co-ops in 1981, is focused on keeping its roughly 10,000 residents in their units for the long term, said Mr. Friedrich, in explaining why the rules governing renovations and expansions are so flexible.
From Wikipedia, the free encyclopedia. A bonded warehouse, or bond, is a building or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty.It may be managed by the state or by private enterprise.In the latter case a customs bond must be posted with the government. This system exists in all developed countries of the world. Upon entry of goods into the warehouse, the importer and warehouse proprietor incur liability under a bond.revious to the establishment of bonded warehouses in England the payment of duties on imported goods had to be made at the time of importation, or a bond with security for future payment given to the revenue authorities.
The inventory is called bonded because the importer must post a customs bond to the government as collateral for the duty on the goods. When the importer transfers the goods to another country, it may redeem the customs bond and get paid back its customs deposit.onded Warehouses. Bonded inventory is stored in a bonded warehouse while it remains in an intermediary country. A bonded warehouse can be run by a private company or by the government.