New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-05-28
REAL ESTATE.
ELMER B. YALE BUYS THE "HERALD
SQUARE HOTEL SITE AT AUCTION.
THE YUENGLNG BREWERY ALSO SOLD UNDER
THE HAMMER-sALEs AT PRIVATE


Yesterday was n big day in the auct!on-rooms.
Among the many valuable parcels offered, mono at
tracted so much attention that OF tho vacant
plot at Broadway, Thirty sixth-st. and Sixth-ave..
sold in foreclosure proceedings by George r. Read
at the Real Estate Exchange. The property was
sold to Elmer B. Yale. who brought the suit
against Douglas II. Schneider and others to fore
close n second mortgage of 10000 The Equitable
Life Assurance Society held first mortgage Of
100000 on the plot, and the property sold sub
iect to this and accrued interest from December
last. On bid of $1,000. the only one made. Mr..
Yale secured the property at total OF $4,000,
which wipes out small third mortgage and
mechanics liens amounting to little more than
$1,000 Mr. Schneider bought the property in 1885,
since which time plans have been drawn for
elaborate structures the last project being the
erection OF large hotel. Several months ago the
old buildings torn down and excavations
begun for the erection OF the hotel, but beyond
this no progress has been made toward improv-
ing the plot. II could not be learned yesterday
what Mr.. Yae's intentions regarding the plot
The d. G. Yuengllng Brewing Company's brew
cry. at Northumberland twenty -eighth-st.. near
Amsterdam-ave., was also sold yesterday in fore
closure proceedings ,g Th hs encumbranGes on the
hsaro ". G. Keene jr" Of Philadelphia, became
s. Van RENSSELAER, Cruger & Co. have sold for
client to an investor the five-story brick tenement
Smith & Stewart Of No As william-st. have
leased for Mrs. Adolf Ladenburg. TO Herman Dur
Westbury. Long Island, near the Meadowbrook
OF renewal, at total rental Of more than $1,000
Ex-Mayor William r. Grace has purchased
s shSu & MaR H. Sya Feet four 9a lots o on hs r
ave. as a site for an institute, TO bear his name.
trial arts Further PARTICULARS will be ' found in
another column OF this issue N -
gust Run. the vacant lot 255xlco at No. ri Avenue
A, for Improvement.
Andrew Testers Sons have sold for CHRISTOPHER
eighth-st, a fve-story aathouse 17xsox1oos at
81 vest dassd No.
three-story American basement dwelling. l4x7ox99ll
L. cowles No. ia Vest Sfa iGt ~
h.gh-soop stGne;TOnI private dwelling on lot lsx
in part paym s5 Is country prSpsr,y o,,
west corner Of University Place and Tenh-st to
Two oays aS and e sas Of y Will take
three hundred building lots will be offered by Rich
Tvckahoc on the Harlem Railroad The lots pos pos
sess advantages above the average offerings In
Ssw % 5o ssps oS Sg hSG soaSd n a
ssades; and are near BIonxville. Mount Vernon;
the Vicinity Of Sew-York with schools chpG DS
saOsr smith have sol; ;S for for Charles W Bar
West End-ave Mr.. Mcclure will improve the plot
by the erection OF a six-story apartment house.
with electric elevator
IN THE AUTONOMOUS.
The following the result OF the offerings ut
auction yesterday at No. III Broadway;
BY William Kenney.-No. 1872 Beecker-st., near
Macdougal-st., three-sory brick dwelling. lot 25x
ss Partition sale, Daniel f. sickles as trustee
against Edna Sickles ct al; referee Franklin
Bien; attorneys, Hays Greenbaum: TO A. j.
Zabrlskic, $500
No. &9 East One-hundred, a nd tenth-et, near
Second-aye., :hree-story brick dwelling. lot 16sx
1ocii; amount due, s0,ieo; prior mortgages 81 500.
Foreclosure sale. Elias Gordon against Amelia Bar
nett ct all referee. George "a. Hart: attorneys.
Davis & Gordon TO the plaintiff 5000
Loriard-st. southeast side. at intersection OF
east side OF road from Kngsbridge 10 West Farms
636x50x9lx6I. except strip 1x on the east side also
Except Lorilard.st. southeast corner Of same road