[1] On August 1, 1917, at the age of 18, Valenstein borrowed $100 and started his own company located at 309 Fifth Avenue in Manhattan.
[1] The company's original focus was to publish direct mailings for the furrier industry which morphed into a magazine named Furs and Fashions.
[2] In 1956, Valenstein became chairman of the board and Arthur C. Fatt (hired in 1921 at the age of seventeen) became president.
[2] In 1957, Grey developed the widely successful "Leaving now for Trenton, Philadelphia and Cucamonga!"
[1][3] In 1959, his daughter married engineer Jerome I. Elkind in a Jewish ceremony in Scarsdale.