New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-04-19
NEW FIFTH-AVE. HOTELS.
ONE OF THE COSTLIEST TO GO UP ON
THE SOUTHWEST CORNER OF
FIFTY-FIFTH-ST

! One of the most exclusive family hotels ever
built in this city is to stand at the southwest
corner Of Fifth-ave. and Fifty-fifth-st, and it
will be. il IS thought of the highest hotels
of its kind erected here The plot which 1t will
occupy has frontage Of 100 feet in Fifth-ave..
and 125 feet in Fffty-fifth-st. It adjoins the
south the University Club which Is at the
northwest corner of Fffty-fourth- st. and Fifth
ave, and it is opposite the plot the south
east corner of Fifty-fifth-st. and Fifth ave.
where Colonel John Jacob Astor is building a
hotel. 10 be called the Hotel st. Regis, for Ru-
dolph NJ HAM
The hotel to be built at the southwest corner
Of Fifty-ffth-st. and Fifth-ave. will be eighteen
stories high. and the total cost of the land and
building will be about S3,5OO.000. Henry L.
Goodwin and Henry r. Hoyt recently bought the
parcel for 100000 from jeremiah c. Lyon, and
they have sold the property to the Fifty-ffth
Street Company. which incorporated at
Albany Thursday with capital of $500 600
This company is behind the hotel project. It's
directors Henry r. Hoyt W. H. Bullwinl1le
and F. d. Phillips. Lovejoy & Noyes were the
real estate brokers in the transaction efecting
the sale of the property and the Incorporation
OF the company TO build the hotel
Hiss & Weeks the architects and the
building will be constructed by the General
Building and Construction Company. on Thurs
CdS ItCHdTd Al 4hOIlSOlleTy DOuSnl lor a syn
dcate formed by him and W. H. Chesebrough,
president of the Century Realty Company plot
96.10 by 80 feet at the southeast corner of
Forty-fourth-st. and Fifth-ave., and on that plot
a hotel to cost S2.500000 will be built. That
deal, like the with which the Fifty-fifth-st.
company is identified will represent an out
lay Of about S3.50o,o00. Thus within less than
a week plans for improving with big hotels two
important and well known Fifth-ave corners a
short distance apart have been brought to
successful end.
Percival W. Clement president of the Rutland
Railroad Company, holds the principal interest
in the syndicate formed by Messrs. Montgomery
and Chesebrough which bought the Paran
Stevens plot. and in the New England Hotel
Company, which will build the hotel 1t. Ac-
cording to a trustworthy authority. the hotel to
be built by the New England company, which
will be under the management of William H.
Valiquette, will be eighteen. If not twenty,
stories high.
Ground for the hotel planned by the Fifty
fifth-st. company will be broken Monday
This site formed part of the premises
cupied by St. Luke's Hospital, in Fifth-ave., be-
tween Fifty-fourth and Fifty-f1fth SITS, for
many years Some years ago the hospital sold
the land and moved to its present home, in
the upper West Side. The hotel will not be like
many present so-caIed fireproof buildings. II
will be absolutely freprOof. il is said as not
particle Of wood will be used III its construction
II will be divided into large suites, each suite
containing private buffers pantry with
quick running freight elevator, so arranged as
to communicate direct from the serving room
to the basement. with heating apparatus in
each
This will enable the tenants to live secluded
in an apartment of this kind in their private
houses, at the time being served with
every modern convenience. Every room in the
building will be supplied with a large open fire
rolo font Tl1rp Vnjc
from some large hotels, and which is very much
missed by people who wish TO make a perna-
nent home in a hotel building.
The main dining room on the first floor will
extend the entire length Of the Fifth-ave- 'front.'
dining rooms viii be on the second floor. 1t is
expected that the building viii be ready for
occupancy in September, 1903.
If the original plans for the Hotel st Regis
had been carried out there would be fronting
each other when the Fifty-ffth Street Com
nonv,c toteI fs built two big hostlerie5 built ex-
soon be ready for occupancy. 1t will be sixteen
stories high When the plans for the building
were filed by Trowbridge * Livingston, the
architects ii was said the hotel would cost at
least 81 80 GOO. The land which it stands
is valued at about 100000 IT was recently
decided to lease only part of the hotel for the
use of families. The Hotel 81. Regis. and the
ones to be built by the Fifty-fifth Street Com
many and the New ngland company. only
a few of the high class hostleries being built or
10 hotel 70 cost from, ST 600 900 to $4,000 OOo Is
10 he built on the west side of Park-ave.. be-
tween Forty-frst- and Forty-second SITS. Then
another which viii cost about S5,Wo,OOO when
is being built for William Musct-
enheim proprietor of the Arean. on the west
side of Long Acre Square. between Forty-fourth
opd F-orty-fifth SITS 1t will be called the Hotel
Actor and is being built from plans drawn by
clinton & Russell 1t will be two stories below
the curb and ten stories above it The land on
,--,,;c, will stand is owned by the AStOr
.a-a At the southwest corner of Forty-second-
=, and broadway, the site on which the St
cloud Hotel stood. will be the Hotel knicker-