New-York tribune., 1905-08-20

rb. last neel in realty was marked by a fair
number o< important deals. the leaolhg o"e
the sale by the City Real Property investing I'm
panv Of the property Nos. 81 TO 46 Beavers anu
Nos 81 TO 60 Broad-st. for about SLzoo'"oV' Inc
buyer was a syndicate comprising the Unlieo S'@'es
Realty and Improvement, the city investing anu
the Century Realty companies The paroel COM
prfses twelve four-story brick business puIo4IsS
e +bs so,,.beast corner Of Beaver and Broad sts
occupving one Of the largest unimproved plots IN
the financial district
To has more than twenty-five thousand square feet
II has frontage OF 1916 feet in Beaver-st- and OF
&c feet II Broad-st
The seller acquired the property about three years
ago II is understood that the new owners have
received applications from several banking houses
for parts OF the plot sites for buildings LOT thel
own The seller paid about Sl'ev''VN lot 'he
property
Not only is this deal one of the leading transac-
tons Of the present season but one of the biggest
and most important of the year. 1t may be con-
sIdered by many brokers as indicating that there
will likely be vigorous activity in the financial sec
tior the coming season. If there are TO be excellent
days in the financial district this fall for real es
tate brokers the big operating companies, IT Is
almost q certainty that there will be no sluggish
ness in the districts north Of the financial which
have been especially attractive TO investors and
specularors for some years one of the most pleas
tnr features Of the big Beaver-st. deal is the make
up Of the purchasing syndicate. The buying con-
cern does not comprise a large number OF smaIi
companies. hut three Of the leading companies
And the complexion of the syndicate shows how
tremendously the larger realty corporations are
working together. Every time such important
concerns are linked in this manner strength Is
added 10 the market. because the common interests
Of the leaders are greater.
Another feature of the market last week was the
sale by Vennette F. Pelletreau & Co. of the
Collinston. at the northwest corner Of 10th-st
and West End-ave.. a siX-story apartment house.
l00xlO0 renting for $2S.500.
The price paid was $255.00o The house was bought
by Franklin Wood Of Newark who gave in part
payment free and clear property in Broad-st
Newark valued S55 600. and $4,000 cash. taking
the Collinston subject TO a mortgage Of $l75,ooO-
II was plainly noticeable in the last week that the
market for chose dwelling houses is improving
-Four sales of such houses were reported on one
oay One of the sales was made by Sullivan q
Cromwell as attorneys for the owner. They sold
No L East 60th-st. five story American asement
dwelling house. The purchase price was said TO
have been about $4,000. The parcel is near the
Metropolitan Club.
z De Forest Simmons sold for Charles Brendon
& Co No. % East 52d-st.. a five story American
basement dwelling house The house is seventeen
feet wide and is built of marble and brick 1t IS
one of row OF three houses under construction
and will soon be ready for occupancy. Edmund
Twining is the buyer
L. J. Phillips & Co sold for Patrick H. Nc
Moran No. West s4th-st,. four story house, 1876
by half the block, TO a client for occupancy
four story stoop brownsfone front, dwelling house
on lot 2Oxlo05. TO client of the Greene & Taylor
Company. who will improve the premises
An important transaction reported In the week
was the sale by NJ & L. Hess for the Realty Hold
ing Company of the parcel No. IS West 2lst-st, %
by 90 feet, TO an investor. The buyer Will imme-
diatey begin the erection of ten story and base
rnent reproof store and loft building the site.
Within the last fortnight/M & L. Hess have sold
two big loft structures in this section of the city
william P Mangam sold in the week TO Tenn
the northwest corner of 10th-st. and LenoX-aYe,
on which it will build house of worship. The
Chrrrch h9S home
of Holy Trinity Church, at the northwest corner
place Of worship store and apartment building is
TO be erected by Herman T nan 3 Mronkow; Temple
Jewish congregation in Harlem.
John r. & Oscar L. Foley sold for F. ]. Fuen
Clark Place. extending from Jerome-ave. TO In
wood-ave The parcel mas a frontage OF 20 feet
IN Inwood-ave The Messrs. Foley sold the plot
10 the present seller last May.
of 7sth-sf and 3d-ave., TO Solomon Simon. The
plot is assessed at $4,000 It is occupied by one
The metropolitan Trust Company, as trustee for
Cornelius Boucicault sold through Horace s. Ely &
Co, No. 9l CrosbY-st. six story business building
running through TO Marion-st. IT is on lot
25xl2s 1oxlox2oxl19.7 feet Joseph Gatti was the
J. N Kalley & Son sold for Albert Joske No. 274
GreenWich-st-. three story prlck buldlng. sSxSe
feet The structure is leased to the J. S Coward
Plans were filed last week with Building superin-
tendent Hopper for the enlargement and remodel
ling OF the city house Richard r Wilson, jr.. at
No 15 East 57th-st. 1t is TO be made over into q
g depth of s2l5 feet It will have q FACADE OF
granite brick and terra Gotta, in the Colonial de-
sign, adorned with balcony at the second story
and four Corlnthlan pilasters supporting cornice
at the fourth story
II IS TO have spacious central entrance hail. with
the dining on the ground floor and the library
and salon on the second floor. The improvements
20 cost $4,000 according to the estimate Of the
architects Hoppen, Korn & Huntington