New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-13
TROTBLES OF BUILDERS.
HOW THEY ARE FORCED TO CIRCUMVENT
STI-RRORN TENANTS

The difficulties which Douglas H. Schneider is en-
counerng in getting possession Of TWO or three lti"
old buildings al SXth-avc and Thr;y-sNtn-st wnicA
stand on part OF the site Of the proposed Herald
square Hotel OF which. a, least j. under lease
running until mex May. recall the history Of some
other similar experiences upon tho part OF ne owners
Of projected big buildings The situation also leads
to proof OF tie wonders winch the builders Of tall
buildings ear DO in encompassing An obstinate ten
ant VINO refuses a fair price to move.
In real estate circles il Is said that Theodore A.
Havemeyer came near unconscously putting pre-
MUM on heavy demands from such tenants when h.
paid $4,000 TO liquor-seller who had place AZ the
northeast corner e Corandt and Church SITS. in the
old building when Mr. Havemeyer desired to tear
down in order 10 erect the presen, Havemeyer Build
ing on the site. The quor-selior had ton years
lease on the place. with three wears uneXplred or
course. If the remaining time nld been only year.
the new building might have been erected Win me
exception OF MS corner. leaving tnat until the
llauor mans lease had expired Vet. in view OF the
proposed height Of the new building ana It's mario"
frontage in COrtiandt-st, this would nave Deen an
undesirable way out of the difficulty. Inc current
story is that Mr. Havemeyer paid $1,000 but $4,000 Is
probably nearer the figure Al rate the supposed
sum has KEEP, many projectors Of big buildings on the
anxious seat lest on or more tenants on proposed
site should get wind Of what was going On ana snoud
'hod our tor a large sum 10 induce them 10 move.
The Slegel-Cooper Company mad An experience OF
this kind. a. VIII readily be- recalled They made
satisfactory arrangements with al the tenants on the
site Of thei store at Eeheenth-st. and SiNth-aNe.
except one He 4 real estate dealer He held out
for large price for giving mp me lease OF sm"l
tv,o-storv frame house IN Sxth-ave.. between
Eighteenth and Nineteenth SITS The lease ran until
MAY last The sum demanded is said 20 have been
$1,000. reasonable sum. according 10 representa-
tive of the company. was offered The rear estate
man thought he was bound 20 win. bur ne ia not
The company went with IN" erection or ia ouid-
ing eyerywher, else except az the Elgni"ehth-S1.
corner took possession of the twO-story frame Oui-
ing on May .asi. carried it away overnight, as IL
were and within 4 month or 50 tn.s corner na1 Deeh
built up and hooked 10" me resi- OF the building
fl is said that the who suffered most IN TINS
affair was the contractor who had the eNcavaunS 10
do He told an acquaintance recently that he offered
s. go TO the real estate dealer in addition 10 "ha'
tn, Siegel-Cooper Company had proposed 10 give 10
him il he would Tn excavatins'can CT course,
be- done best all al once especially when contractor
has other big jobs waiting
The neatest turn which has YET been called In
xnsriences OF this kind in the history Of biz buildings
I'm this city pertains to the Newest side Of the SIX
teen-story Johnston Building. facing ia Broad-si..
Exchange Place and New-st The exterior OF tho
Newest. portion Of the building has just been COM
ulet4d Tn. rest Of the building was ready for occU
pancy on May last and was largely filed with te'
The owners Of the building had made arrangeme.s
win ali fenanfs except two or three In Newest 70
Civ possession May g. iss5 one tenant ".
not expire until May B. lNa; ana a good round:nm
Was demauded a. a condition precedent 10 ,SSms
possession al the desired time The sum j. 80 -
have, been $1,000 81 is stated that 5000 was 49,
This WAS refused. Two OF three other tenanv'o'"eN
IN tho refu-aL .yar,v
five feet IN Exchange Place IL is 10 fee, Nf"ss;
To erect d siXfren-stOry building OF sranitrnu 80
and leave such narrow section on dnti,',S o ,aef
rest OF the building Was erected. towerls ~ i'rt
above the curb. were considered impOssir ~ 'u'Se
tenants. II they thought Of such thing 40
Hut do this thing was AS easy a. a. .'s o
log Tn. bulk of the JOnnst N Buiiiin ~ ''.
al occupied by May last. on that az nc r.'.
mad 10 move. The old buidins = Dy lDltrl wa" - g..
down the excavations made and the'lt'loH IA PiJ;,s
now covered with tn, portion o. ~ nv 80, ns:
sixteen stories high The - 10y 10 -, - ~ main
gone up almost = If 10y magic In lili"ne ~ huge
portion VI IN. structure some ei VVis,nc which
granite blocks oyerapped into the 20 3, N. stone
was cut into AT such points 10 accoh'V,iS IN between
Tn hooks i'm the new portion dos. 49, -. - 'front.' ia
these SO that compl~t" - e. walls are
presented The iron columns Of ~, r. inner walls
'.hool.l on to- the iron coiny9 a. -, h.a ms and
,tU,Ssn stories by means hqkei 70, Tae
:, IN. whole corEis hOno9st,,yysI insf completed
eTr,iie Of the portion o. the Fuitt, 90 In place
Looks /, lite fresher than thf "ii hs mpeiceptb.e
M Z last bur the dnereikr " IL The New ST side
xix months from now The e. Xnxember l.
alN IN, ~ rdv for occupancy bs soN 80 ,et around
WIZ ~ 80, an building an 10 hiAu' ~ escSn.iI.r
wing situation. In thE wyy ~ -. so that no
30 bsd the plans for his i'" no.ci, - SIxth-ave
10" hn1jd ali around the ia loi ioy,n a GOOD
al J,I'trt uness ne toh'7 ria
anu am, ,rnr, his demands for s2Vo ior w ,,s 49,
Ssa rntu Nav / next The TWO oth'l 20 ~. iook-
hnd Only monthly leases yer they o. So ~ hem ma
ing for equities q SIM MINI