New-York tribune., 1899-11-14
REAL ESTATE.
TWO NEW sKYsCRAPERs FOR FINANCIAL
DISTRICT-A MADISON-AVE. CORNER
SOLD FOR IMPROVEMENT.

A million dollar improvement In the financial dis
trict is promised by the plans filed yesterday by
the Mutual Life Insurance Company for two sky
scraping office buildings. which are intended as
annexes its present building One Of the struct-
ures is to be fourteen stories high. and the other
will top that by story. The fifteen story build
ing will occupy the lots at No 20 to 26 Libertyst.
and is estimated to cost Sj5OCOO The other building
will be erected to occupy No 81 TO So Liberty-st.
II will cost si5OOOO making total outlay for the
two buildings of million dollars. The Cedar-st.
building will cover plot 73.6x654. and will be
ng. to be known as Annex B. will cover plot
u22xi6 In general the architecture Of the new
present home The buildings will be of steel frame
construction. with facades OF brick granite and
will be left in the rear of the buildings. Clinton
Russell are the architects through whom the plans
John B. Cole was seen at his Office. No. 35 Mas;
sau-st. yesterday and denied the reported sale OF
the Hotel Royal property at the southeast corner
b. c. and F. T. Barry have sold the southeast
corner of Sixtieth-st. and Madison-ave.. four
story high stoop dwelling house, to Collins & Col
ns. for about 100000 The corner will be i'm
The D. & NJ. Chauncey Company. of Brooklyn,
have sed to the Westminster Park Improvement
lands Thrty-second Ward, Brooklyn. comprising
about 1873 acres between East Twenty-thrd and
NJ. The tract which is said to have brought $780,
OOO will be laid out in building lots and be known as
The principal offering at the New-fork Real
Estate Salesroom yesterday was the sale in fore
closure OF a F'ifth-ave property near Ihlrtleth-
St The buyer, Emil Unger, vice-president or the
Yorkville Bank, was not party 10 tne Tore
closure action but the bank officials were or opin-
ion that the purchaser had an interest In the prop
erty previous 10 the sale. This could not be con-
hrmed. Following are the results
Bv Peter F. Meyer & Co.-No. 2SS Ffth-ave.. west
side 81 feet north of Thrtieth-st, lX25 hve story
brick store foreclosure to Emil Unger for Sl25,Ost
ST Ann's-ave.. west side. sos feet north OF One
hundred and -ffty-slx S.3XlW vacant FORE
closure to the plaintiff for $2l,062
No 2049 Valentne-ave., west side, 25L! teet south
of l6 X995. two story
frame dwelling house, foreclosure. to the paintii
for 1852. -
By Richard V. Harnett & Co.-West End-ave,
southwest corner of Nineteth-st. 2lxs0 three story
brick dwelling house, foreclosure to the plaintif
for $4,000 ,,
Bv James L. Wells-No. l45 Willis-ave, west side
"a feet north Of one hundred -fourth-s
25xSl6 five story brick fiat house. foreclosure to
c. Strubel for sl6350. -
Maclay & Davies have leased for Charles Ward
Hall and Joseph ]. Snow the corner and adjacent
store and corner Office the first floor In the
Commercial Building, northeast corner OF Park-aVe
and hundred and twenty y-ffth-st, TO the Har
lem Trust Company for ten years.
to George B. Terrell on the Herald Square Hotel
for 500 900 for a period of Ave years at per cent
a year. The hotel is IN Thirty-fourth-stY south
side $40 feet east OF Seventh-ave. Mr.. Widey also
gave n second mortgage for S26O,Oc0 TO Edmund
Coffin. due in three years at per cent.
The Western Electric Company has pledged It's
property in Bethune. West and Bank SITS, for
S25 900 to the Bank for Savings. The mortgage Is
due in three years. and draws interest at per
A