New-York tribune., 1905-01-22
ar VEEK IN REALTY.
.,,aIar .Activity in the old
% ,..,d,oav Tabernacle Block.

II
Ts - block. bounded by saith and 18th sts..
nts fh aves-. has become one OF the most
4 rh so v .,,,,sents Of SIS kind ever known on
II sryorsM ,.,sDa Though a large area of the
r,sh'iian n,ses hands IN the last two weeks. the
II 80 Do - Tho block has not been sold in the
II -ssig P@.s ,,,ere This spectacular demand
sssa !, !, ..e block is attracting widespread
n ,bc central thave. section. and it has
Il ,ags4" sses much new life and vigor TO tho
sFi1 These are indeed happy days for
rsv ,,v-, psrcels in or near the central 9TH
- Every movement OF the present type
sn ~s,,- ,-ohlerls. The present movement has
~He share Of problems. Large sums of
Il ~ -. -ealtv transactions seem 20 be within
rre - -, ~ -,ersons Who have or control sufi-
~ 70. -, 70 buy parcels in the old Broadway
- - section. and who can foresee whether
- ne rnovelnent viii extend quickly westward
/ ]. s.stVard ..
1 $50, Ill soon extend 10 the Altman block.
y "a ~ sath and s5th sts- 5th and Madison
s-- - !, a westerly direction far as Sth-ave
- rs been considerable activity IA the Alt
I'I ,,ocl eor some months. but broadening of
~ -,-sr,eut in the ole Broadway Tabernacle
~. :, take in the Altman block as expressed by
- sxperts. means nothing more or less than
-, the demands for property there VIII become
-. .e vigorous and Just as spectacular as in the
r~sr
- a. will be in the block front on the east
=. - 5,b-ave. from S4th 20 S5th ST So the future
-orer,ent Of the block front has been with the
81, n one or two parcels. definitely decided
: .r5 the plot is therefore out Of the market.
-7- bsfveen the Altman site and the Madison
,,taee Of the block there are many parcels which
N undoubtedly be bought in the near future by
.,sg houses seeking permanent home IN the sec
- Ana NIL Il be a long time before the greater
Ea d GftF s,fQ
!. betweea 9th and Madison aves.. Is acquired by
..,v houses with similar purposes? An important
purchasing movement IN that block front seems 10
ts close al hand
TIE FUTURE OF 3fTH-ST
well known real estate broker in speaking
.bout The purchasing movement IN the old Broad
vsy Tabernacle block, said yesterday: Thirty
,o,r.l,-st is destined TO become as great retail
,h-ourhfare as IS 2Sd-st" II he had said greater
-s-sn tborouglfare than IS 23d-st, he would have
,zpressea the consensus OF opinion on the subject
Troportant ofaclal announcements regarding Ger
,a,r deals in The Tabernacle block were made last
veek IN view OF these announcements it was
officially learned that John Claim was the buyer
of the Century Realty Company plot No. IL 10
West s3th-st and Nos and West S5th-st.. and Of
The parcel No. s 10 l2 West 35th-st. For the COM
hned parcels. which have frontage Of 100 feet in
each street and deptn Of about 49, feet. he paid
about 3. .eO0ga Albert B. AshfoTth the broker
n the transaction To square out the lines Of the
century plot NIr Clafin bought. through Mr.. Ash
forth. from Dr. " Z Lambert. Nos. and 10 West
Gth-st. parcel ssxs7.6 feet. for a sum between
E5oN5 and sl75.0oa
in speaking about Mr. Claain's purchases Mr..
Ashforth said: Mr. Clahin intends 10 improve
sbe property
The names Of the purchasers Of the New-York
club property. at the southwest corner Of 35th-st
and 5h-ave and the Caswell- Smith parcel forming
sn L-shsped plot about the club premises also
officially made public last week Poehm & Coon,
rs reported IN The Tribune several days ago. are
1ns buyers. Albert 3. Ashforth and II. II. Cam
mann Co. were the brokers in those deals.
The contracts for the sale Of the New-York Club
property were signed on Thursday by the City Real
Estate Company. d corporation controlled by the
Title Guarantee and Trust Company, and used TO
accommodate its clients In this way The City
Real Estate Company assigned its contract to
The contracts for the sale Of the property Of
ing the New-York Club on the south and west, were
aiso signed on Thursday The Caswell-Smit
Il-aTe With an running through 70 55th-st
Iae building is now occupied by the Silo Auction
t9on and Noes formerly Avery's) Art Gallery.
By the sale OF these two parcels 10 a single owner
az easement Of ten feet on light strip between
ne New York CLUB and the CaSWell-Smith plots
ls enha.ed The combined parcels have front
Sge o. IS feet in 6th-aVe. 10y $50 feet in 35Lh-st..
IN ls2 the plot bought by John Caswell In
l@7 he sold the part now occupied by the club and
NE entire plot nov again comes into the hands OF
Boehm & Coon paid 81 10000 for the club plot 1t
y 1AeeIslooa that they paid for the Caswell-Snith
- E-les.s s'gae., Boehm d Coon intend 10 sell or
tese NE confined parcels, which are directly op-
posle the site on which the 5th-ave. house for b.
amman d Co viii be built.
HENRY cLEws SELLS PLOTS.
Two Of the principal sales in the old Tabernacle
toek reported last week were No. West 34th-st.
dwelling house on a plot 50x200 feet. extending
through 10 S5th-st by Henry CIews. through Ju-
41n benedict 10 the jeremiah c. Lyons Building
sia construction Company for $4,000 or at the
=, ~'' u 80 square foot a record price and of
~ ~ % west Sith-st. a four story building on &
10 ~. .i1sss teet for Daniel A Loring. and No %
. sst asth-sL. similar building on a lot 24ygS Q
9eet for Charles l. johnson TO Warner Van Nor
-. PRESIDENT Of the Central California Electric
,g-apany. and a director Of many big corporations
Trough Collins & Collins Mr. Van Norden ia
-Ing syndicate 10 take over this property
Sshlch acjons on the east The North River Sa,fyss
Sess Se,.s aaq on the west the Arts Club Mr. Van
state, No l3 West 3ith-st a dwelling house on
a. - ~1I-66 feet. with the right Of way over
:--ieot alley 10 95th-st. Collins & Collins were
- eiQkeFs IN that deal also
.aioAer sale IN the block reported last week was
bot , ot Aos 56 ana 5s West 35th-st. two four story
ana Ps e5 Pl0l 4lx9sy feet. by Albert Booth Conn
re- Fesse q Eltman for the Clinton Realty Com
oosi5s,4 4Aose nose houses were recently altered into
arr5 ~ Se9lgnt by Stewart Brown. Of the banking
air n. brown Brothers & Co. for $4,000 IN 1866
he nsis s9l Tor the property $4,000 more than
fEeI1v NJ @ LOT H. he -urchased the property about
r,rer'ts rs years ago The buyer will erect on tae
49, D1lding for mercantile company
trei s.ts me interesting transactions In the con-
Peass ,@Ets gt section last week were the sale by
biiiSi,S AllInsn Of No. 40 5th-ave a six story
corner -. " lot &Xl09 feet at the northeast
sale ~ r. s4SSl-5t for Gertrude 3. Miller and the
lot lT,1SS - - 6ll-ave, four story building on
owned nv = = 4h- flst-st. parcel was at one time
G rels4T' Tgeslnes McCreeTy, and later by George
corner of ss as plot 2 9xl5O feet at The southeast
week - 49, and 5th-aVe.. was also leased last
years @astthew Rock for a term Of tyvelitv-on.
vii be srae. y understood that a modern building
hone Of ~ 191eens bought last week the present
<500 Tbs r1TallnbE No 70 West 3GJh-st for about
Nas 12e er5 ~ ~ &ll move to its new home at
!ntsrestiur trs, west 44th-st.. in June. Another
Douglas sai-saeuon last week was the sale bv
lsrsls lsrss IIoolnson: Charles s. Brown & Co for
I'd Fts crsrs.WI W I the plot bounded by 10th and
IA airoi,- ,L5-..lont-aye- and Broadway oompris-
HmCn6 5,oei-' z seven or thirty-eight city lots
Plans w-ere fisas las taken title 10 the property.
Auidirgs 80 lto N Wednesday al The Rureau Of
saother yy6,,D .ss ~ T. Ware Son. architects. for