New-York tribune., 1906-06-24

The real estate market last week was especial-
Is active for this time OF year. Several sales oi
considerable importance were announced one
of them was particularly significant as showing
how middle Fifth avenue is rapidly changing
from q residential TO a business street This
Was the sale OF No. 5S3 a property adjoining the
home OF Miss Helen NJ Gould. The Goulo
house is at the northeast corner OF tlfth avenue
and 47th street. No. 5S3 was bought by MISS
S;ould's attorney. Charles A Gardiner. Mr..
Gardner now holds what his agent says is the
largest single Fifth avenue frontage nortn OF
2Sd street now on the market for business puI-
noses Mr. Gardiner will offer the whole prop
eriy for sale or for q twenty-one year lease.
The seller Of No. 5S3 was Frederick Roosevelt
q cousin of President Roosevelt
IN The last year four high class houses on the
west side Of the block have been changed into
dicsres that the east side is 10 follow suit I'M
rnediatelv L is said that the Gardlner-a aoose-
veil transaction involved the sum of S2OO.UOO.
M PnoseveTt also figured in another real
estate deal last week He bought from EDWARD
y Adams No East SD street, a hVe story
American basement dwelling house II was
i,uilt by Edward Holbrook. president of the Cor
r;,e largest transaction OF the week, however
as told in fuller detail elsewhere in The Tribune
this morning. was the purchase for investment
bv Louis Stern, the drygoods merchant, OF the
new Brown -Durrel Building: In west -0th h ST.
together with the adjoining i've story aho pase-
raent building No. 2 West 18th ST. This deal in
Volved the sum of S2.JOo,0OO.
Another deal. which in its class was the largest
Of fbe week was the sale Of the Dakota Stables
property. on the south side of 10Th St. be-
tween Broadway and Amsterdam ave. II Is
likely that this large site VIII oe used for high
class apartment house.
Interest IN upper Fifth ave. real estate was
revived by a rumor that the heirs OF James
Ienox had completed negotiations for the sale
Of the remainder Of the block which stands
the LenoX Library 10 a large real estate com
panv. II includes twenty-four lots. bounded by
Madison ave. 10Th st, list 81. and the library
building the west.
There were several noteworthy sales Of resi-
Dental property Besides the purchase by Mr..
Roosevelt Of which mention has been made was
the purchase of No $50 Madison ave by Mrs.
LILLIAN r. HYDE from the Donovan estate.
four story dwelling house. for which she paid
$3.50 000
IN the plans Of THE Evening Posts new home.
IN Vesey ST. which We're made public in fuller
detail. II is 10 be thirteen stories above ground
and two below. Every effort has been made to
have the building constructed so that the en-
ployes Of the paper will be able TO DO their work
under the most favorable conditions.
Plans OF the synagogue TO be built for the
Congregation Talmud Thora, at Nos. 132 and
134 East 1l1th St. have been completed Its
cost is estimated at S150o0o. The auditorium
will seat 500.
Several important leases We're features OF the
market last week One was for an aggregate
rental Of S350000, covering a period of sixty
three years. The property is at No 253 10 80
East 10th st, running through to 10th St.
and was leased by Felix lsman, Of Philadelphia
and Harry Levey, Of this city, who viii improve
the property.
Another lease worthy Of mention was that OF
the Hotel Stanley Nos. IA and 126 West 4Ith
The lessees are A c Walton and 2. Weide-
meyer, formerly OF St Louis.