New-York tribune., 1901-12-29
THE WEEK IN REALTY.
RIG OPERATORS APPEAR TO BE LITTLE
AFFECTED BY THE HOL1-
DAY SEASON.

The holiday season does not seem to affect the
plans OF the big realty operators. for in the last
week some unusually interesting TRANSACTIONS were
announced, especially that in which Holdrdge q
Ward. Henry Corn and the Hoffman Bros hgureo'
The most important details OF this transaction
have already been made public. The Rev Dr.
Eugene A. Hoffman bought, through Holdrloge dS
Ward. from Mr.. Corn the new eleven story Mer-
camille Building the site OF the famous Marshall
O. Roberts mansion at the southeast corner or
Fifth-ave and Eighteenth-st. He gave in part pay
ment the Parmly Building. Nos l65 and lel Broad
WY and the abutting Smith Building. No lS to Il
Cortlandt-st. Holdridge Ward also sold the new
eleven story loft building known the Cluett
Building at No 1s to q West Eighteenth-st., to
the Hoffman Bros, who gave in part payment
for this building the Electrical Exchange Building.
which covers a block in Washington-st. between
Cedar and Liberty SITS. The total value of the five
parcels, represented in the transaction, was
100000.
Another important transaction the sale of
the Bennett property at the northeast corner of
Thrty-eighth-st and Fifth-ave by Richard NJ
Montgomery & Co. to the New York Realty Cor
poration, for the Barney-Sheldon Syndicate. This
parcel has a frontage of 60.1l feet in the avenue
and 12J feet in Thirty-eighth-st 1t for long
time owned by the Austin Corbin estate. The sellers
said 10 have bought it for s46 73 a square foot
and to have sold it for s6l % a square foot
The sale Of the Lord & Taylor property, at the
southeast corner of Grand and Chrystie sts, at
tracted considerable attention 1t bought by
Harry Fischel, through II. ID. Baker. At one time
1t was said that a Jewish theatre would be built
the site. 1t learned yesterday that Mr.
Fiscrel does not intend build a theatre on the
premises but hold the property almost in its
ground floor and lease ii TO persons who will open
there small stores. Lord & Taylor will Vacate the
premises on March Is, 1902.
The details Of a plan TO improve a plot 119Xl05llN
15.3xS5S the southeast corner of Fifty-hfth-St.
and Broadway, were made public in the course OF
the week by the sale of the plot by the New-H ork
Realty Corporation TO Nathan E Clark. Mr.
Clark will build apartment hotel on the site.
Some sales in an1 near Tailty~ ~second-st. ard
F1fth-ave.. which do not appear to be ont of the
ordinary, said TO be part of a project TO i'm
prove certain parcels on a vast scale. one of the
Thirty-second-st.. three four story dwelling houses
for John /. Cadwalader by John N Golding. The
houses a plot % 9XSS.9 feet. In the course
of the week the StuyVesant Realty Company
bought for the Pennsylvania New-H ork Extension
Railroad Company Nos. 39S and 39s Seventh-ave-;
frst-st, No. 43O Seventh-ave. and No 3S3 Seventh
The sale Of the old Schubart property at One
fundred-and-tWenty-fifth and SeVenth-ave., by
Samuel GoldSticker for the Schubart estate, to the
Central Realty, Bond and Trust Company. means
the passing Of an old Harlem landmark. The Rose
Cottage" which stands on the premises. Another
interesting sale in the upper part of the city was
that of the sixteen lots fronting in St. Nicholas
ave. One hundred nd-twenty-four and One-hun-
dred-and-tweuty-f4fth SITS and Hancock Place. by
the estate of George ". Carleton to A. c. & H. NJ.
Hall. In the week the Nahana. Nos 3o5 and 307
West Ninety-seventh-st., a Ceven story apartment
house, sold by Rosa Brown to Carl Fischer
Hansen. The buyer gave in part payment 155 lots
IN and near White Plains.