New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-18
REAL ESTATE MOVEUENTS.
NEW BUILDING PROJECTS-A FINE RAIL
ROAD OFFICE-SALE TO THE UNI
NERSITY CHR

John W. Condt Of Acker aferr Ill & Condit. the
"etI-known grocers. has replaced mortgage OF
S4o"D on the property at the northeast corner OF
sixth-ave. and Fifty-eghth-st. This property Is a
vacant lot 100 feet square and 1t Is estimated be
worth from $4,000 10 s275.Do The present mort
gage was placed with the law firm Of Evarts
Choate & Beaman. It took the place OF a mortgage
at lower rate Of interest. This property will be
inclosed on the north and east BY the build
Ing OF the New-York Athletic Club now being
erected II is a valuable corner. Plans for a
twelve-story granite. brick and terra Gotta build
Ing for bachelors apartments have been submitted
to Mr. Condit by a well-known architect. Mr.. Con-
dit sa'o yesterday that. while nothing definite re-
garding pla had been settled he would In time
cree, large building on the site
Mrs Q. H. F. Belmont formerly Mrs. William X.
Vanderbilt has offered her dwelling al the south
west corner Of Madison-ave. and Seventy-second-
for sale through Golding & Whitehouse. real estate
dealers. The house is four-story and English
basement building Of brick ana terra Gotta II Is
bull. plo, so fee, tho street and 100 feet on
the avenue. the house being about 50 feet deep. Al
the Office OF Mrs. Belmonts lawyers. Jay Cand-
Ter 1t said yesterday that nothing was known
there Of the matter OF Mrs. Bemont's reason
for selling her property.
John n. Crlmmns has abandoned his plan for
converting the New-York Steam Company's old
brick building a, Madison-ave. and Fifty-eichh-st.
into dining annex o. the I.enox Lvceum. F..
Ferrero. manager of the Lyceum said yesterday
that It had been found impossible to make the
transformation as planned. and that II will be
necessary tear down the building formerly used
b. tho seam company and put I'D n ncw one The
structure Mr.. Ferrero said would probably be
tall office building. WITH rooms also. for various
purposes. the second floor being used for the din
ingroom. Tho erection OF the building would
not he begun. however. until spring Mr..
Ferrero added that there no truth In the re-
uod he 7 ha ai
into theatre. lie declared that there were enough
theatres already
The Erie Railroad Company after vain endeavors
10 get the Emo estate improve the Interior OF
its ticket office the junction OF Fifh-ave. Broad
way and Twenty third-st.. has set out 70 produce
a new interior OF the building at an expense which
is decidedly heavy for thA TO be covered. This
Office Is only feet wide In Twentyt hirdst..
and fifteen feet wide south end Its length Is
thirty feet. 1t IT, In fact, small one-story struc-
ture on one OF the valuable sites In the city.
The land Is regarded worth than $3.50 a
square foot. The interior. partly COM
pleied. is be paneed ceiling and walls with
polished cherry wood. The window seats. desks.
ticket rack and furniture be OF solid ma
any. The small iron pillars are TO be decorated IN
charge. said Yesterday that office would De
the finest railroad ticket Office in mis- city. and
that means he added. in the world
William Rockefeller mas transferred. for consid-
GRAFTON Of $1,000 10 the University Club Of this
city the property tie north side Of Flfty-fourh-
a. l25 fee west Of Fifih-ave.. having a front OF
twenty-five feet and extending through The block TO
Fifty-ffth-st The property is free from any in
cumbrance except certain restrictions The Uni
versitv club. as previously announced. is 10 nave
a clubhouse the northwest corner OF Fifty
four,h-si. and Fifth-ave; which VIII take in part
space fronting twenty-five feet on Fify-fourt hist.
and extending back TO the centre Of iht block Is
mortgage pelging. the properiy named In The sum
executed In favor OF the Equitable Life Assurance
Society and Is payable in gold at a rate Of interest
Of 40 annum.