New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-03-03
SOLD BY MRS. o. II. p. BELMONT
w. BAYARD CUTTING BUYS HER MADI-
SON-AvE. HOME.
MR. BELMONT TO BUILD FINE HOUSE IN THIS
CITY. PROBABLY IN UPPER FIFTH-AvE
IMPORTANT REAL ESTATE
TRANSACTIONS

TRANSACTIONS
Among the many important realty transac
tiors closed yesterday the one that caused the
most comment among real estate brokers and
people in society alike was the purchase by
w. Bayard Cutting Of Mrs. Oliver H. p. Bel
mont's handsome city house at the southwest
corner OF Madison-ave. and Seventy-second-st.
Smith & Stewart. of No. 45 Wflam-s. repre-
sented Mrs Belmont In the transaction and
Richard VI. Montgomery e. Co we're the brok-
ers for the purchaser. Mr.. Cutting buys the
house practically furnished. for little less than
S3O0.WO. That the price originally offered
by him for the dwelling completely furnished.
but Mrs. Belmont wanted to retain possession
Of a few pieces OF furniture that she priced
highly. and allowance made for these
when the contract finally closed.
Mrs. Bruce Browne bought the plot on which
the house stands-4S feet in seventy-second-
St by 102 feet in the avenue-about four years
ago. through George r. Read. Mrs. Browne
then built the dwelling. which is one OF the
most attractive in the city. being supplied
throughout with electric lights. electric ele-
vato:s and all modern improvements and In
1895 sold II. through George r. Read. to Mrs.
Belmont. then Mrs William X. Vanderbilt for
$4,000 Mrs. Belmont at once altered the
house to suit her own ideas. at an expenditure
Of $4,000. the principal addition being several
rooms 10 be used by her servants. The furni-
ture and draperies for the house were made in
Paris al n cost OF about $4,000. Mrs. Belmont
took possession Of the house only short time
before the marriage Of her daughter Consueio
TO the Duke OF Marlborough. and had lived in
1t only about four months
Mr.. Cutting will make extensive alterations
and improvements TO the house. including an ex-
tension in the rear. in order to enlarge the ball
room the second floor and provide additional
servants quarters. As soon as these improve
ments are competed Mr.. Cutting will move into
his new home He now lives in one OF the Astor
houses at the northwest corner Of Fifth-ave. and
1hirty-ffth-st.. which he has leased from the es-
tate Of Mrs. James Roosevelt Roosevelt. wife Of
the First Secretary OF the American Embassy at
London.
II was learned yesterday that there is i'm
portant sequel 10 the sale by Mrs. Belmont OF
her Madison-ave house. II IL that her husband
Is planning 10 build, probably in upper Fifth
ave. one Of the mos. magnificent private dwell
ngs in New York. II was also said that Mr.. and
Mrs. Belmont, who sailed for Europe a week
ago. wen. abroad partially for the purpose OF
ordering the furniture and tapestries for their
proposed new home. The house will probably be
completed by January |. 1898. in which case IT
is the intention OF Mrs. Belmont TO have her
daughter, the Duchess Of Marlborough, at her
new home Immediately after It's completion. and
TO entertain extensively in the winter season.
In about the middle Of the plot Of 100 acres Of
cultivated land orchards and woodland through
which runs the Meadow Brook. comprising with
the buildings. the Bernard Farm, near Hemp
stead. l. l.. purchased last week by o. II. p.
BelmOn. for about 81! 300 Mr.. Belmont will
erect CouEtr.- seat as f1e auy in the suburbs
OF this city. He has already made arrangement Is
10 dispose Of the present buildings al the east
end of the farm. Mr.. and Mrs Belmont will live
at their country seat near Hampstead In the
spring and fall
closed are the following: Samuel F. Jayne a.
Co. sold Nos. %, 81 and % East Nineteenth-st.
for Harry Chaffee 10 Mr. Kendall for S4J0.OoO.
The seller takes In part payment Nos 43 and a
East Nineteenth-st., at Sl2J.OOO. Mr.. Chaffee
bough. the properties Nos. % 10 33 East Nine
teenth-st. In February. 1896. from william T.
Havemeyer. with the old dwellings on them. He
tore them down and built in their place an eight
story fireproof store. lofts and Office building.
which is nearly all rented He will build a sim
liar building the other two lots.
Collins & Collins sold 10 f., Coffin, Nos. ll6
lis and 12O West Thlrty-f -fourth-st. known as the
old Fourth Presbyterian Church property, S0x
100 at about S215 600 Mr.. Coffin gives in pay
mert the apartment-house a. the northwest cor
ner OF Seventh-ave. and one hundred and-eigh-
teeuth st and the three fivc-story fathouses
adjoining. Nos 9G2 1854 and 9G6 Seventh
ave and also No 203 West One hundred and
eighteenth-st. a hve-story lathouse at total
valuation OF $4,000