New-York tribune., 1906-05-06

hundred thousands each were IndOo puDLAo le~9e
week Broadway furnished most OF the leading
transactions In the auction room one new record
price was obtained 1t S5S.0O0 for lot Zo1lU-z
feet in West I'D st.. restricted to dwelling mouse
purposes. No higher price was ever PAID DeIoTe
for an inside lot in the West Side which can De
occupied only by a dwelling house. accOrolhs 70
realty operators OF many years experience
Trading In high class residential and business
properties is still brisk Sales of such parcels last
week however, were fewer than IN some weeks
early in the season. but lessening Of activity In
this line OF the market was expected because nun
dreds of owners Of property for sale have got the
habit OF raising their asking prices about each
week. In a little while there viii probably be more
attractive prices for prospective buyers, and then
there will undoubtedly be greater volume OF sales
of choice parcels There Is apparently not a weak
or uninvting section in the entire realty field 70
the big and little operators, spectators ana m
vestoTs
one Of the leading deals Of the week was the sale
by the United States Realty and Improvement
Company to the Packard Motor Car Company OF a
Mot at the northwest corner Of 6st st and Broad
way containing about 1880 square feet Ihe puy OF
paid about $4,000 cash for the property II lhIenuA
to erect on the site automobile building toE lts
own use. The plot has a frontage OF 10 Iees IN a
Broadway, 1919 feet In 6lst ST. rear ms u 1''O
feet and a north line Of 1S0 feet
Samuel Green sold to John NJ. Rider No. Isl
Liberty St., story mercantile building on a
lot 2821OO feet The buyer took title yesterday 20
an abutting plot with a frontage in Greenwich Sc
NJ & I. Hess sold for the Realty Holding Com
pany TO the Gabay Construction Company Nos. 80
and SO East 10th ST.. two dwelling houses on plot
40xs2 feet. The parcel adjoins the house in which
President Roosevelt was born. The Gabay com
pany will erect an Office building on the site
Miss NJ Monahan and Calder Levy sold for
Mrs. Susan Devin to Palermo Brothers plot Iox
1OO.n feet, on the north sido OF 18th ST.. 10 feet
west Of Broadway. The buyers will erect a high
class apartment house on the site.
E. J. Moloughney sold plot 51x1o0.n feet, on
the north side OF 18th st., % feet west Of Broad
way, to the Huntingfeld Construction Company,
which will erect an eight story freDroof house on
the premises,
Charles Hensel purchased through Hall J. How
6, Co. from Paul Halpin three lots on the north
side OF 18th St.. 10 feet east OF 18th ave. win
this purchase he has plot Of twelve and haH
lots The parcel comprises the block front in XIV
ersde Drive from bath TO 18th st. He will build
two apartment houses the premises
The Albert Booth Cohn Company sold No 3
West s5th ST. a three story building, on LOT SN
$50 feet Ashforth & Co. sold NO ~ West Soth st''
a similar building.
Calder & Levy sold for Paterno Brothers TO Il.
B. Davis and Charles Heilbron Cathedral Court
new six story elevator apartment house at the
southwest corner Of 115th st. and Mornngslde ave
West.
The City Investing Company sublet to the United
Cigar Stores Company the Benedict Building at
the southwest corner Of Cortlandt st. and Broad7
way. The lease is for a term OF twenty years
The sub-lessee will occupy the ground floor. One
provision Of the lease prohibits the sub-essee from
increasing the Insight of the structure
The City Investing Company recently bought
lease on the premises having sixteen years to run
and held by Smith. Gray & Co. Prior TO that tns
realty company had obtained an eighty year lease
to the property which, OF course, would not De III
effect until the expiration OF the sixteen year lease
The company got control Of the building IN order
10 protect the light and air Of the twenty-five
story office structure to be built on an L-shapeo
plot surrounding the Benedict Building and IN
cluding the premises Nos. 166 and 167 Broadway,
the Smith Building and the Coal and iron t&-
change The concern holding the property TO be
subsidiary company of the city investing company
It got S5O0,0lO loan on the premises from the
Metropolitan Life Insurance Company last week
Charles E. Johnson and Andrew J. Conniek sold sold
Nos ll& and lisa broadway new SIX stoTy
freproof Office and store building g01OxsA6x4S.4x
IL ha hes Finland & bitins Company sold for the
New York and Boston Dyewood Company to the
six story basement and sub-basement building at
the northeast e % F4 Of TaH Tbs and Gg s ooan
will occupy this property at the expiration OF its
'ssI sIawson & Hobbs sold for Donald Robertson to
an investor the five story apartment house. abouS
comDleted at the southeast corner OF 1s2d st. and
st. Nicholas ave-; 5oxs0x10O feet r1,s,, .s.... %
r5enrS an = Corn for about twenty-one years. ag
gregate rental OF about &oO0V00 the parcel at the
WaEeieys saloon occupies the ground noor; A SIX
story oflce and store building Will De erected on the
Huberth & GabeI sold for Louis H. Kernpner and
the New Amsterdam Realty Company four SIX
story spartment houses, on plot lOO5xOO Feet at
the southwest Of 56th street ana Stn ave. 20
Nay Marx who resOld the properly;
n r BroUn's Sons and z Sheldon ttoDlnson
soI5 FOR r II Hochbaum the block front. 2oXl20
feet on the east side OF Oneida ave. between zSoIh
The Charles F. Noyes Company leased for Inc {ne
Reformed Dutch Church OF America Ior Per- peIl'e
OF eghty-four years No . 70 49 John St ana 30
Dutch St, four i've story buildngs al tne i ~ -
west corner OF John and Dutch sIS &c E aIYet
Mot 75xI1gx5 3X1O4 feet The lease VIII De IN 81
Nsv i9T when the present structures VIII De
torn down and twelve story office ana @ iott oLii t
ing erected The plot comprises about elsnt III,
sand square feet. Plans for the new Duolas S ~
soon be completed Negotiations ae,tssd a. bniId
Ing for leasing four floors OF the proposeu ptis -
ing Including the store and basement 10 one pei
SON. ,. - 4ot q, 199
The Harlem Savings Bank bought NO II 70 -
East l25th St. 80x1001 feet adjoining J,ie soSl'
west corner Of Lexington ave II VIII srSSt 5eI9 q
building for it's occupancy on the site baIies
& Co. the brokers' IL, ,,- ,rac,
The St JOsephs Orphan Asylum sold Us 49, 80
Of twenty-eight at West Chester Win WatSs t
front on Pelham Bay, and extending hIo.-e5 - -
Town Dock Road, the Eastern B0uieF4re 5 5s.,d
south OF the Westchester Country CluD- >. claA~
ence Davies the broker. : =. go ~,
Dufs 8 Brown Tesa.@ fsE the - = Al2sti sSe.S