New-York tribune., 1906-05-20
GOOD DEMAND FOR FLATHOUSES
SOME LARGE DEALS IN HIGH CLASS PARCELS
EXPORTED IN THE WEEK
Big Upper Purchasing Increment Expected September
ndcear Trade Likely Mov to Union Square 1t Is Thought

/
Trading in tenement houses is once again ene
leading feature OF the real estate market. M Lase
week there were some large deals IN ni7u 49,
improved parcels. but not one tFansaciOi - ...a,
spectacular type was made Ine Voiulne 'S ,raI
moss dome however, was good ana Clearly -
Gated a vigorous and stable market. From no" uI
I'll about September / there will undouOte0Ay SoH
tnue TO be a fairly brisk market lot uenellIsns ~
houses Even after September there VIII pe many
| buyers found for aathouse property, but nathouse
6eals will likely attract less attention them as
large purchasing movement in the nOFtherLy sec
tons of The Bronx will, it appears be the pIlhcApA
feature of the market.
One OF the leading transactions last week was 's
leasing by Charles simon's Sons from the MOSS
Realty Company, through NJ. & L. Hess Oh tne
store and basement in the building formerly occu-
pied by Tiffany & Co.. at the southwest corner OF
Union Square and 18th ST.. 7x166 feet, which IS be-
ing remodelIed for wholesale business purposes
The lease is for term of ten years, at an asgre-
gate rental Of 100000. The lease indicates II Is
thought, the moving uptown of the hosiery and un-
derwear trade
The same frn of brokers sold for A. F. Koelble
the four story front and rear buildings No 4l6 La
fayette ST. formerly No. 2S Lafayette FlaceI pc
tween 4th ST and Astor Place, 2S.4x150 feet, to a
client who will improve the premises by erecll"s q
nina or ten story building Also leased for Jeanetle
p Coin No $50 Fifth ave-, forming an L with NO.
West 47th ST. and comprising about 5000 square
feet for a term of twenty years at gross ren'At
~ about $4,000 Paul ]. Byck, the lessee. has not
! decided what improvements he will make 70 the
parcel. It was reported. however. that an apart
mont house will be erected the site. The parcel
adioins the dwelling house occupied by Perry BEL
mont.
Natkins e. Co. Julian Benedict and George K
Read & Co sold for the Realty Finance Company
No IS TO 90 West SSd St, three five story buildings
67lOx9ss feet. between 5th and 9Th aves' TO JACOB
! Neadle.
A r Ashforth sold to the Fort Amsterdam Realty
Company the Oakdale Nos. S6 and Ss West S0th ST..
a seven story apartment house 4Ox9SS feet. JACOB
Neadle. the owner, was represented ny NatKlhs
& Co.
The Charles F. Noyes Company sold for client
OF E. Powis Jones jr.. the five story and basement
building No. 169 Front St, a business building on
lot 1S7x773 feet 1t is leased until 1913 10 AoeF'uS
Bielenberg.
Baumann & Moskowitz sold for Randolph Gug-
genheimer to Tax Commissioner Strasbourger the
Elise six story apartment house. at the south
west corner of 11lth St and 7th ave. It occupies
plot 1OOx1OO feet. He gave in part payment SIX lois
at Edgecombe and st. Nicholas aves.
NJ Dlugasch bought from Patrick Higgins NO. 42S
to 429 Hudson st. and Nos 103 and l05 Leroy ST..
75xsO feet. The parcel faces St Johns Park. Max
Wilmer was the broker Also bought from William
H Schmobel and resold to I. Serkovitz No AS East
10th St. five story tenement house. with stores
25x10O feet.
The Gross & Gross Company sold to the Ronald
H. Macdonald Company No II West S1st ST., fVe
feet. The buyer intends to erect a twelve stor!
freproof Office building
Bernard Snlyth & Sons sold for Sonn Brothers
! to investor the Aylsmere, seven story apart
ment house, with stores, at the southeast corner
of 18th ST. and Columbus ave. 1t has frontage
| Of 1922 feet in Columbus and 100 feet In
| 10Th st
! L. ]. Phillips Co. sold to A. B. Gwathmey the
Parkway, No 49 West I'D St, six story elevator
| apartment house 50x1O2.2 feet. The New York
| TnSur Nv
]. Arthur Fischer and L Marks sold through
| Webster Nabie the gore lot in the block bounded
by 5th and 9Th 18th and 10Th SITS. being lot
| 39 block ST.. john Bradley, who owns No. 2 West
10Th St. was said to be the buyer. The rear line
of the gore lot abuts his parcel The gore lot is
| one Of five similar parcels opening inside
court of considerable area. adjoining the New York
John R2Ed, Oscar L. Foley Foley and and Widmaysr . & ,t: Co
sold for Frederick J. Fuller Nos 23 and 365 West
45xss11 feet. to f. j. yelling. Mr- yelling gave
Re and 6IS lIsth ss " the
| George r. Read Co. sold for Mrs Mary NJ.
! Austen Nos 102 and 104 Greenwich ST., five
story building. a plot 5Ox92 feet. The property
rRe Rs'%f Charles Noyes aaiS company sold for the
Haynes Company to an investor the four story and
The building IS leased to the william b Harris
Max Marx sold to saur Gross & Herfeur plot
lO2 2x59 SXS9 @ IlXSOI0 feet at the southwest cor
story elevator apartment house will he erected on
William H. Browning leased to James P. silo
for term years the northwest corner Of 45th St.
and 5th plot 25.5x1556x irregular. The pres
ent building will be raZed and replaced with a SIX
story building, which Mr. Silo will use for his art
| gallery and auction rooms.
| The Washington Life Insurance Company trans
ferred title to Louis P. Dowdney TO parcel, Glx
irregular, at the northwest corner Of 10th ST. and
| Broadway The stated consideration 1858 600
Julius Scott sold for Mrs. G. Lewis to Harris
Bernstein Nos. 22O and 222 West 116th St. two five
story double apartment houses. with four stores,
| on a plot 556xl00 feet. This Is the fourth house
in West 10th sold by Mr.. Scott in the last two
| weeks. A theatre be built the premises.
branch postoffice will occupy the large store in
six story elevator apartment house, TO be erect
| ed at the northeast corner OF Both st. and Third
ave: on plot fronting 9s9 feet in the avenue and
! zoe feet in the street. James E. Ware & Son have
| drawn plans for the structure. which will cost
i about $500 600 The facade is to be of brick, with
limestone trimmings. George Lowther, OF River
side. Conn, is the owner of the property.