PIERCE LEAHY CORP
SC 13G, 1998-11-27
PUBLIC WAREHOUSING & STORAGE
Previous: BATTERY PARK FUNDS INC, NSAR-B, 1998-11-27
Next: BREMER INVESTMENT FUNDS INC, NSAR-B, 1998-11-27






<PAGE>


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13G
Under the Securities Exchange Act of 1934

Amendment No.:  *

Name of Issuer:  Pierce Leahy Corp.

Title of Class of Securities: Common Stock, $0.01 par value

CUSIP Number: 720722107



  (Date of Event Which Requires Filing of this Statement)

                     November 25, 1998

Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:

/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act
(however, see the Notes).



<PAGE>

CUSIP Number: 720722107

1.  Name of Reporting Person
    I.R.S. Identification No. of Above Person

         Wayne Cooperman
         

2.  Check the Appropriate Box if a Member of a Group

         a.   
         b.   X

3.  SEC Use Only


4.  Citizenship or Place of Organization

         United States

Number of Shares Beneficially Owned by Each Reporting Person
With:

5.  Sole Voting Power:

          

6.  Shared Voting Power:

         889,100

7.  Sole Dispositive Power:

          

8.  Shared Dispositive Power:

         889,100

9.  Aggregate Amount Beneficially Owned by Each Reporting
    Person

         889,100

10. Check Box if the Aggregate Amount in Row (9) Excludes
    Certain Shares







                            -2-



<PAGE>

11. Percent of Class Represented by Amount in Row (9)

          5.22%

12. Type of Reporting Person

          IN














































                            -3-



<PAGE>

CUSIP Number: 720722107

1.  Name of Reporting Person
    I.R.S. Identification No. of Above Person

          Ricky C. Sandler
          

2.  Check the Appropriate Box if a Member of a Group

          a.  
          b.  X

3.  SEC Use Only


4.  Citizenship or Place of Organization

          United States

Number of Shares Beneficially Owned by Each Reporting Person
With:

5.  Sole Voting Power:

           

6.  Shared Voting Power:

          889,100

7.  Sole Dispositive Power:

           

8.  Shared Dispositive Power:

          889,100

9.  Aggregate Amount Beneficially Owned by Each Reporting
    Person

          889,100

10. Check Box if the Aggregate Amount in Row (9) Excludes
    Certain Shares







                            -4-



<PAGE>

11. Percent of Class Represented by Amount in Row (9)

          5.22%

12. Type of Reporting Person

          IN














































                            -5-



<PAGE>

Item 1(a) Name of Issuer:  Pierce Leahy Corp.

      (b) Address of Issuer's Principal Executive Offices:

          631 Park Avenue
          King of Prussia, PA  19406

Item 2(a) - (c).  Name, Principal Business Address, and
Citizenship of Persons Filing:

          Wayne Cooperman
          Ricky C. Sandler
          237 Park Avenue, Suite 801
          New York, New York 10017

          Wayne Cooperman and Ricky C. Sandler - United
          States Citizens

    (d)   Title of Class of Securities:  Common Stock, $0.01
          par value

    (e)   CUSIP Number:  720722107

Item 3.  If this statement is filed pursuant to Rule
13d-1(b)(1) or 13d-2(b) or (c) check whether the person
filing is:

    (a)  / / Broker or dealer registered under Section 15 of
             the Act,

    (b)  / / Bank as defined in Section 3(a)(6) of the Act,

    (c)  / / Insurance Company as defined in
             Section 3(a)(19) of the Act,

    (d)  / / Investment Company registered under Section 8
             of the Investment Company Act,

    (e)  / / Investment Adviser registered under Section 203
             of the Investment Advisers Act of 1940,

    (f)  / / Employee Benefit Plan, Pension Fund which is
             subject to the provisions of the Employee
             Retirement Income Security Act of 1974 or
             Endowment Fund,

    (g)  / / Parent Holding Company, in accordance with Rule
             13d-1(b)(ii)(G),

    (h)  / / Savings association as defined in Section 3(b)
             of the Federal Deposit Insurance Act,


                            -6-



<PAGE>

    (i)  / / Church plan excluded from the definition of an
             investment company under Section 3(c)(14) of
             the Investment Company Act,

    (j)  / / Group, in accordance with Rule 13d-
             1(b)(1)(ii)(H).

If this statement is filed pursuant to Rule 13d-1(c), check
this box. /X/

 Item 4. Ownership.
         
         (a) Amount Beneficially Owned:  889,100

         (b) Percent of Class:  5.22%

         (c) 889,100 shares with shared power to vote or to
             direct the vote; 0 shares with sole power to
             vote or to direct the vote; 889,100 shares with
             shared power to dispose or to direct the
             disposition of; 0 shares with the sole power to
             dispose or to direct the disposition of

Item 5.  Ownership of Five Percent or Less of a Class.

         N/A

Item 6.  Ownership of More than Five Percent on Behalf of
         Another Person.

         N/A

Item 7.  Identification and Classification of the Subsidiary
         Which Acquired the Security Being Reported by the
         Parent Holding Company.
    
         N/A

Item 8.  Identification and Classification of Members of the
         Group.
    
         N/A

Item 9.  Notice of Dissolution of the Group.
    
         N/A

Item 10.

    Certification for Rule 13d-1(c): By signing below I
certify that, to the best of my knowledge and belief, the


                            -7-



<PAGE>

securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or as
a participant in any transaction having that purpose or
effect.

    After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.


    /s/ Wayne Cooperman
    _____________________________
    Wayne Cooperman



    /s/ Ricky C. Sandler
    _____________________________
    Ricky C. Sandler

        
    November 25, 1998





























                               -8-
01181001.AN5



<PAGE>

                                                        Exhibit A





                         AGREEMENT

         The undersigned agree that this Schedule 13G dated

November 25, 1998 relating to the Common Stock of Pierce

Leahy Corp. shall be filed on behalf of the undersigned.


                                /s/ Wayne Cooperman
                                _____________________________
                                Wayne Cooperman



                                /s/ Ricky C. Sandler
                                _____________________________
                                Ricky C. Sandler
    




























01181001.AN5



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission