Abstract: A table assembly which permits a table top to have a first use position and a second stored position is disclosed. In the first position the table top may serve as a conference table, desk, dining table or the like and in the second position be positioned essentially parallel with an upright wall of a room in which it is installed. The storage unit may also be a furniture piece comprising a variety of optional features. In one embodiment, a storage unit furniture piece comprises a deeper cabinet structure that may be fitted with, for example shelves for books and the like or a bar for hanging clothing. Generally, the table assembly is secured to a wall of a room or installed between the studs which frame the wall of a room. The table assembly may have its own upright wall.