Abstract: A storage bin comprising a receptacle for receiving items to be stored, a cover fixedly attached to a structure substantially above a floor, the cover abutting the structure on at least one side of the cover, the cover shaped to slidably receive the receptacle so that receptacle is partly enclosed by the cover and forming a cavity between the cover and the receptacle, and a connection and articulating mechanism for connecting the receptacle to the cover and guiding the receptacle downward from the cover an open position and guiding the receptacle upward to the cover a closed position. The storage bin has the capability of being operated manually or electronically via a remote control. Alternatively, the storage bin may also comprise a receptacle frame and a mounting support rather than a receptacle and a cover, respectively.

Abstract: A storage bin comprising: a receptacle for receiving items; a mounting support fixedly attached to a structure substantially above a floor; a mechanism for connecting the receptacle to the mounting support and guiding the receptacle downward from the mounting support to an open position and guiding the receptacle upward to the mounting support to a closed position, the mechanism comprising at least one pulley arranged to connect the receptacle to the mounting support via at least one link; a motor; a spool operable by the motor, wherein the spool is caused to move the receptacle downward when the at least one link is unwound from around the spool, and caused to move the receptacle upward when at least one link is wound around the spool.