New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-05
PROPERTY IN FIFTH-A|E.
THE DELMONICO LEASE-REPORTED SAIL
OF PART OF THE OLD ST. LChEo
SITE.


. roa,-estato men yesterday there was
much talk touching the changes when nave pee"
wade and which are making, In properly IN ril'"-
QUO This interchange OF opinion was emphasi~e'
nv The Tribune's exclusive publication oi inc ''"''
IN Delmonico Of the Sherwood House. at roi's
fourth-st and Fifth-ave Charles Deimomco saiu
4o Tribune reporter yesterday regarding 'he
lease that next week he would be In positoh "
,ve on, all of the particulars touching the matter
This nroposed removal has excited considerape III
terest among property-owners IN upper r".'iaN'
II is known that there is large ahiou". Vi p''p
erty in Fifth-ave that owners are hesi'a'"s aoou'
that is. as TO just what they will eventually 90
with II. .o,o,,.
werknown hotel man said that the properly
A,rec,lv across the avenue from the Sherwood the
southwest corner of Forty-fourth-st ana rh'"-
ave comprising practically three lots see !" iee'
an Fifth-ave with depth OF 100 feet' had Dec"
offered 10 him for hotel purposes. Isaac BroKaw
IN the owner OF the property. The large oouoe
house on this corner. Nos 526 and oZS' Is no" DC
cuned by Dr. Guernsey and the other house NO
69a nv Colonel Wesiger. THE leasing OF MI
Brokaw's property there" said the hotel man
would require the tearing down OF the PIeSs fnr
am,idnes and the erection of a hotel sultaDle ioi
that locality would require more money man NV
sire invest in that manner T., me- markell for
lease or purchase. either for business or residehoe
purpose screr,,, in riftb.ave which has excited the
most interest of late is that belonging 10 81 u hof
Hospital. at Flfty-fourth-st. ana fnr,ed as soi
two wears ago this property was reported az
TO Lewis S Samuel by the trustees OF the nSsp ,
sequenty that Nj samuel could not carry Su'
his agreement and Douglas kopihsoa NCcc
were employed by the trustees TO a ;e., be or
the property Yesterday IT. was reported tn Of
the Ffth-ave. front. 20O.lo on the avenue by ~
depth and three lots in the rear of the orig i
plot Considerable interest has been manifest
among property -owners TO whether the trusts
were 10 realize finally the amount OF money ior ,ns
large plot once contracted for from Mt samuel
:.Judgng from the prices already secured. SAID one
of the brokers' Tribune reporter YESTERDAY MI, M
can safely be stated that the trustees VIII fina'y
realize the full amount, $4,000 for this properly
THE property is being sold under restrictions that
nrst-class houses shall be erected thereon one
~ the largest plots sold was TO James Suilnlan
Uresident Of the city Bank. He secured four lots
IN West ,Tnn on West Fifty-fifth-st Within one
iot OF the Ffth-ave. frontage. 1t is predicted that
sVbandsome mansion will soon cover the ground.
The old hospital has already been nearly torn
down The construction of new houses on many OF
the plots sold has already begun The names OF
the b,vers announced yesterday OF the Two twenty
S, h.sement houses TO be built In Fifty hfth-s
near Fifth-ave. the St Lukes Hospi,ai sue are
Ms George A. Quimby and James Mclean Inc
mice paid was about $4,000 for each iot.