New-York tribune., 1905-04-16

- 5000 a. she mortgage tax measure is
eignNd by Governor Higgins II is the consensus oi
opinion in realty circles that the Governor "l.l sls
the bill and yet none Of the leaders IN inc ".OAe
ape or speculative line appear 10 be worried over
the mortgage tax measure.
ne most active section OF Broadway at present
Is between S7th and seth SITS An unusually large
sun,er OF parcels there have changed hands In the
est ten aavs one OF the principal deals was the
ssle by John N Goldng for William Allen buter'
sr as executor OF the Agate estate OF 'ie "iNu
sor apartment house. at the southeast O0iAo' %
Estb-st and Broadway. 10 a client Another recent
-, .-arssction IN the section the sale by
Henry Corn OF a parcel. 5lxSO feet. at the nortn-
east corner OF 57th-st and BroaoWay' 10 d" Au'O
mobile concern.
Tie Hotel Lincoln. at the northwest corner OF
,,s,-o,, and b2d-st was also recently sold by
Thomas H Breslin and resold TO Thomas healS
within few days. The Ariston apartment ho"se'
at the northeast corner OF Broadway ana '''n-S','
I,as aold on Monday. The property between 4s'h
and 5Oth sts., extending through 10 'th-aNe, ~ Wa
recently sold by the Century Company TO Chafles
7. Barney. The southwest corner OF BROADWAY anu
6sth-st vas leased to a large automoohe cOii0e'4'
which win erect building for its own use USE, On
the site A large part Of the Potter estate paFce'
- ,te northeast corner of 5sth-st. and Broadway
was also leased for similar purposes
r-,onoss Dimond purchased last week, through
Thomas & Eckerson, from the Fischer esIa'e' -'Os'
ls7 and l4s West S2d-st. two four story houses O
lOl6 feet, between Broadway and Ith-1se' ANo '-''
adioius his parcel No. l$7 TO ls5 West S1d-sI
The marcel Nos lg7 and l4s West S2d-st- was re-
uorfed two weeks ago 10 have been sou 10 'i''
Pennsylvania Railroad. The Charles r -NOS
fr,nanv also old last week for the various owners
-, ellen, Of its office the three five story business
buildings Nos us and 12O Maiden Lane with the
IL No ls2 Pearl-st These three nulHlhss SUI
round the southeast corner OF Maiden Lane ana
F,earl-st which contains only about 1VV0 square
reat l.tev cover plot Of 5000 square feet with
total street frontages Of about 63 feet Ihe Dulld
ines are well rented short term leases.
Another big deal last week in this section was the
sale bv william Crukshanks Sons. in conjunction
with Pease & Gilman. for Woodbury. q. Lahsoon
- ,ba f5tv Real Estate Company Of Nos 81 ana .
Maiden Lane and Nos. IS and 20 Nassau-st' sur,
rounding the southeast corner OF MAIDEN i1aiie anu
Nassau-st with frontage Of s. feet in Maiden Lane
by A. feet IN Nassau-st. The City heaI estate
Company is thought TO have represented the Mutual
Life Insurance Company in the deal The insurance
company is large owner in the block
stin another important transaction in the same
section was the sale by W. H. Appleton for the
heirs Of the estate Of John Wilson. Of No 81 Maiden
Lane Of a five story business building adjoining the
parcel at the northeast corner of Maiden Lane and
Nassau-st The property was owned by the Wilson
family for sixty years.
Many other large choice parcels were sold or
leased last week Leopold Well sold for the Rexton
Realty Company Is. a E. Kempner) to Isaac Euefel
the Hanover, a seven story elevator apartment; I
house at the northwest corner OF West End-ave.
and loOth-st. This house built by the sellers in
1902 and is considered 10 be OF the most luxu-
riously appointed apartment houses in the uppe-
West Side
Henry Corn leased from the SchieRelin estate the
Metropolitan Botel. five story brick structure |
occupying plot IS6xIaxssI1K78Z feet. at the north
west corner OF 2sth-st and Broadway. The lease is
for tWenty-one years, with privilege OF renew |
ais 9Ir. Corn win get possession Of the parcel on
May 1906 when the old leases on tho parcel Will
have expired. No plans for Improvement have yet /
been drawn. II IS thought that twelve story |
Office structure viii be erected on the site. The /
Metropolitan Hotel for some years called the /
Coleman House. The Winters house. at SOth-st. /
and 5th-ave., sold OF auction 10 Anthony y. /
Brady The wonderland" property. the proposed |
amusement park in the Dyckman tract, was sold |
70 the Broadway -KIngsbridge Realty Company FOR /
g 100000 each.
J. MasbacE, for investment, No. 70 Warren-st, a /
FIVE story business bGilding. This district COM
prises the crockery glassware and hardware trade.
The property sold is directly opposite the premises
occupied by l. Straus < Sons
George r. Read & Co sold for A. Augustine Healy /
Sic Sxl5a feet The premises adjoin the northeast
corner Of Slst-Ft pre.ionsy ACQUIRED by the & pI-
pany a most desirable corner plot 56sxl5o feet
Pease & Gilman sold Nos. 20 and 42 East 65th-st.
Two four story sh seooP ,iI pS HOUSES & 10
6oxlO05 each The buyer VIII puld on Ihe site Two
the latest type. one for his own occupancy and |
The Winlore Court. a six story apartment house. |
plot lOoKl50 feet, al the southwest corner OF
Raumann from Charles Hsnsle- In part payment |
two fve story apartment houses. at the northeast
corner OF llsth-st. The Madson-ave houses are on
louis Rodney Berg sold for Margaret A. jackson |
the frontage the north side OF lS3d-st. between
Jerome and Walton cor sisting OF eight lots
being g76 feet IN Jerome l feet In ldst. and
% feet IN WaltOnave He has also sold six lots on
the west SIDE o. Icb6r 1S@a ana l'd
b II. Weisker. IT.. sold for the Hirsh. Gutwillig
and HammeTslag syndicate plot lE.8X100 feet on
the side OF yerome-ave, 81 feet south Of ls4th-
ST. 70 John J. Gynn IhGes m n'e s6 sSOEg & n96noSseS m %
sprague Terry No. 2l6S Davidson-st. three story
Calder q Levy sold 10 Paterno Brothers builders.
for General J. Watts De Peyster the block front
Consisting OF twelve lots The purchase price was
General De Peyster had owned this propertyssince
1865 and a sold 70 the same builders the
block front south OF this. which they have i'm
Warren Hall apartment houses Paterno Brothers
Will improve part OF the plot with elevator apart
Collins Collins sold for John H. Hurley No 10
os n o lsid frse ssf yo 11 % pseeaI eTeng ms
l2e East 54th-st three story dwelling house. on
three story dwelling house. 16xlO22 feet for Will
lam Y Lawrence. No. 70. a three story dwelling
n three story dwelling house I7xI02 2 feet
Several other houses on 74th-st. have been sold !
Collins alFo the brokers in the sale OF six
houses il ?; East soth-Et 9d- reported recently.
last issue, regarding the real estate situation. in
part. az follows:
The most conspicuous fact Of the last week has
been the sudden shrinkage in the speculation in
gacant lots but, for reasons expressed elsoH here
We do not regard that shrinkaRe altogether a
pad tning. and We 90 not DeIete that IN the long
its effects will be anything but wholesome IN
ne nc mem u1e tas PnTehase - iInproyea property
Business property on the margin of tho financial
district continues in excellent demand thereais
every prospect OF the erection of unusually large
number Of new buildings in these neighbOr hoods
has ~ ans. time Its so1s,- 81 80, t tI MN ii !.
coneTed 10 c.an te.1e,nt f,,,ses 49, I DilE m
rf r1ae