New-York tribune., 1905-04-23
ACTIVITY on CENTRAL EAST SIDE.
PLANS FOR UNION STATION At 88D-ST. AND PARK-4rE
MORE DEMANDS FOR PARCELS
B7sF Market for Choice Manhattan Parcels Still Feature Bct
Projects 4rouse Interest

ne plans y the Metropolitan Street Railway
r.--ps.sy the %eE-york. Seu-Hsven and Hart
I'D the Pennsylvania and the New-Tork Central
-r1roeds Ger union terminal station ar ssd-st and
p.-k-sEe which are 10 Be carried out II the Met
-,poftan gets q franchise 70 build an East Side
s-bvav have resulted IN a lively demand for par
,ss in she section. That such plans we're being
-e-fecte6 was announced n The Tribune some DAYS
~ and those plans VIII surely be carried out unless
- Metropolitan should 10 oUtbd for the East SIDE
r.svays 70 BE- built from the Battery 10 Harlem.
-~-r The Trsr pubic announcement ~ the scheme.
-sro-r trsr tie station would occupy the old car
az property comprising tlc block bounded by
"a ard Esd sts. Park and lexington aves- has been
.assrsnod by Wen known man of this city. who
: interested IN The Yrojeci. For several months
.r-P hzs been excellent demand for central 4th-
are parcels and this union terminal station plan
las airea6v auickened tle purchasing movement
q tls- thorolghfsre.
TIE carrying OK - tbs project viii not only sena
raltr Vslres .l the section soaring 10 dazzling
.irbts dut wiu bring within easy reach wide areas
y lRud 81 WestchezteT County -ud In Connecticut
rhe uuoB station 8 iu be used by the local service
y TIE three tig rar1s3s and the Metropolitan
rrtenl VhGt persons active IN realty would Ike 70
rnor e what sucl service Wtl mean 20 such
.oHrs as V-aite Plains TonkeEs. Tarrytovr- Nj
Vernon and NeE-Iiochellc- Nih Il he - such a
,sfrre ns - create an unusually isrge demand Tor
,,or estate u those towns For II there Is 20 b.
t.ch demand scores aud scores Of operators and
1ecuIators sgouid become large purchasers ~ land
= those towns now. and tot sset busy IN those
,,rfs Iu .--1t are se the boom days There r
. fss or.rlon e several realty leaders that -he
,-s express service OF tie proposed union station
~ TIE towns Viu exceed The brightest expectations.
md in taat case Thousands OF men OF average
ssz-s ~ with a larEe income XIII De numbered
lnorF re vast and ravid7v increasing army ~
rsurba-.tes
ore os TIE principal transactions reported last
seek vas tre purchase by General Howard Carroll,
aro-Eh r-e Cr-IilzsEauk C1-apzny, ~ the entire
sock Tro-r ~ U-sst-sc- bs-rsen Albany ars CEDAR
u.s. and running aalf way Through the block 70
KGshiEgL L7n-s-
ne rev sea paH fer rhe New-Jersey Central
lzIrozd. between Idoerry ard Albany SIS, VII
non he completed VIII also the four hundred
- GO wall south % Rertor-st-. which rle city is
i-l5ng sor General Carroll in front of his property
/. thst po.ut. Within short time this section ~
FeFs-st vii ae rhe szEe Width as il IS north u
.1rtG-6t-s-
As soon IS Il IS several extensive building opera-
tols VII be begun IL the section. One of the
Uc5tcts VIII Be twenty stOry oflce bdiidlng. - De
novu as the Railroad and Iron Exchange which
~ be 1-i,t b- General Carroll T. conjunction with
- q -he larger railroad companies This VIII be
The West Cedar and Albany SIS. block The
ssrs FOR TIE bulIc-ng lre aeflg drawn.
The block was unr. reee-ly owned by seyera-
a-erssrs Most o. tie buildings Oh ths site are 0d
ss-.oae6 BRICK structures ard a-e occupied by
80 -za-6-srS, stc-ce. -lacHtu1 sHc-s sud sr-au
Fcr works
Auothe- blg deal q t1- week was tie safe ly
uf7ed y RAJ 70 Waiter Sohi1er of Nos. p and IS
Vest &C 81 A rwe.Ve st9-y building. 20 ue occu-
HsC ~ lie Grand Esp.d Furniture CcEIpan~ is 10
s bu-t on tEe size. TIE company las leased the
Ecpe-tT fer cwenty-oEe gears- The seller recently
5-gkt the properly.
6tH another LIZ dea. IN -hat section .as, week
"a ths purchase bv the Realty Mortgage Con-
Eny Potter q Brother and EIei.ner & Wolf from
ss-ts Brothers ~ The Eve story factory building
Gs south side of s2d-st. s. feet east o. Park-sve-
ne parcel has & trortage OF ss g feet The brokers'
1Lany o-he- Important transactions were reported
A=os 2 EHo 20 the Sar!or estate No. - Thomas
& = szl9l6 feet TIE parcel IS a ave story busi-
Pcs: q F.'sse. sold sor tas Charter Realty com
sh-st- age story apartment house on 4oI
@ = ss s = Ns. 81 , 5 @ R e q sh szst l25s = ou g re
1s-sve-. Tor the City Investing Company 10 client
-lsrk estate h3i6ings - the street, and was The
as 5sn19inlsg sI-s9id psrge5 q The Clark tract r.
Wi1ongh5y Middelton bought the Garth estate
10 parcels comprise ass acres. Benoni PIatt. OF
White Plains, vas The broke Tie lroIerJy b.
ssSfE who about Two years ago committed suicide
z vas last overheard from steamer bound for
Collins q Collins were the brokers. in lhe sale Of
Bth-st 4 four story and Basement UroWnstoua
tWsAnE h1Lse or a -ot -'n--1le Ietst 41eZ also
meyer, Eo. 80 East 5Jthst-. four story ana base
nenr dwelling hOuse. a lot - lXie1 feet The
ans ir-n also sold Nos. us East 6Jrh-st- and -Zs
EEs- b-n-s-
The heirs OF the John Greenwood estate applied
Vssey-st-. 70 The Evening Post John Green
Rood fought the parcel from Jobu McComb A.
- The parcel IS ID 5orTu part - the new home
nre ot The Eveuing Post
BENJAMIN Altman increased MS holdings Al n
iurtEResL corner 4 5eth-sI- and 5th-aye by he
1lrchase % A9- NeEL Sth-s--- q toUr story dwell
- house. q plot 53Zl005 feet, IRON william r
siyd-. The p1rcst - a Columbia College Ieasehold-
H = -Tr.~ ~ rh Frrstar
Tao large leases were feature OF the week
ieEF EeuWick T.. Eu--E a. Co leased Tor p long
srm of yea-s the four story ana basement brown
role a.gl -toop dwelling -o-se- No = y est sst--
=, % o ior --Ess9 feet, 60 Isaac y. Cohen, now a.
So 70 stl-arr- Mr. cohen VIII alter and remodel
ae house into ave story mercantile butldtns The
alterations Vlu prise plate glass front ex-
error, marble stairways and an interior SoltJ
Etof Wii insure The best possible hght ioi al The
'7ors
Tee cost ~ tle alterations VII exceed 5000
- aEsreZat- entail for tEe term alone exceeds
L1ie" R=uvtcl ~. Hurry 4 Co VIII manage t2e
9r0pe~-.
Il T.. Hess leased Tor Henry Corn The store
1cse1leUf frFf second and thlrd lofis in the bud-
~ which ar-c- at 80. so 10 sy9 BroacWa1 M
lucl-g 80. u East 1th-st, 70 the lace Importing
-1 ~ SGCul-gar Brother The Tease IS Tor teii
earz. aud Ihe total rental IS understood 10 1e il
ne Le-gl 1grh1od o2 SfJ.p"