New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-07
REALTY MARKET SLUGGISH.
MANY UPTOWN FLATHOUSES BADLY CONSTRUCTED
and LyNATTRACTIVE TO INVESTORS.
Fair Demand for Along Proposed Subay Ro"te-Lger
Number of Bronr Sales Reported.

Sloane and w K Vanderbilt 70 preserve the resi-
Dental character OF the street.
They sold in 1904 the plot, SOxlso feet, to
J. Henry Smith, who died last week
Mr.. Smith was planning to erect a house on the
plot for his own use when he bought the W. c.
Whitney house at 6sth street and Fifth avenue.
Mr.. Smith sold the parcel to Mr.. Bourne
about two years ago for $4,000 the buyer agree
ing to pay the brokerage commission OF $500. Mr.
Bourne abandoned his plans for improving the
site with a house for his own occupancy after the
excavation work for the building completed.
Opposite the site the homes OF w. d. Sloane,
W. K Vanderbilt and W. X. Vanderbilt. ST. and
at the southeast corner OF SD street and Fifth
avenue is the home OF Morton F. Plant
we'll known real estate operator recently cf-
fered 10 buy the site Of 81 Thomas's Episcopal
Church. at SD street and Fifth avenue. for
S.5O0OO0. and that offer would probably have been
accepted If the rector. wardens and vestrymen OF
the church could have bought plot IFS by go feet
at the northeast corner OF SD street and Fifth
avenue. The church could have bought the parcel
which was purchased by Mr.. Hartman yesterday
but It could not get adjoining plot owned by
the Goelet estate. Under the terms of the CSoeet
VIII the estate cannot sell its holdings
Payson Mel. Merrill sold for the Charter Realty
company No sSl TO s65 Park ave. three four story
store and hathouses plot 5l.2xl00 feet. at the
northeast corner of nth ST. The buyer Is the Co
operative Building Construction Company which
WIZ erect on the site a twelve story apartment
building 70 contain six duplex and twelve single
floor apartments
Horace S. Ely & Co. and n & L. Hess sold for
David W. Bishop No 744 Broadway southeast cor
ner OF Astor Place. four story building on a plot
4lSx7OxlS4xs6s feet. to the o. B. Potter Trust
With this purchase the buyer controls the block
front on the south side of Astof Place between
Broadway and lafayette ST.
Simon Frankel took title yesterday from the
&c GeO rye Kemp Real Estate Company 70 plot 5o5x
ave-, on which he is erecting a business building.
Sage for 10000 for Ave Years at az per cent
Mrs. Mary E. Blodgett bought No. East SD St.
house. on a lot 25xlOO5 feet She owns and occupies
the dwelling house No. s. adjoining
4th ave. and for the Fourth Avenue Realty Com
psny 10 go adjoining, two four story buildings.
18th St The buyer is the Proyident Loan Society.
wlaeh intends TO erect structure for it's own use
John z. Olsen bought from E. r. Haight Nos Is
spring ana Prince SITS He intends 20 ts Tec seven
story office building on the site.
No s TO az g. West go st. three four story build.
sd St, four story building on lot 2OlOxsSs feet
The Wall and Broad Street Realty Company sold
northwest corner OF iOsth st. and Central PARK
BENJAMIN Elorshelm sold the LarchmOnt. a six
SSs eth ave. on Blot s7ioxic1 feet To- 6S1st ave
Basch; also sold the southwest corner OF last ST.
stores G on ot about boz xo feet WIN ''so
The McNickar-6Satllard Realty Company leased
for Marcus N. Marks 70 client for a long term
OF years. at an aggregate rental OF about $4,000,
houses Nos. 6 and East 9Th ST. on lot S7sxIO0
feet The lessee will continue the use Of the houses
Slawson & Hobbs sold for Zachariah Zacharias
70 client investment the six story elevator
apartment house Nos. 3sS and $40 West S5th St. 5Ox
Herbert A. Sherman sold for Marmaduke Tflden
20 William Lane a seven story elevator apartment
house. lot 24xso feet. at the southwest corner
or 18th 81. and Lexington He built Il and
traded IL for the old United States Hotel property
lie now buys Il hack for all cash.
The Cabot Real Estate Company sold 70 an In
weston the I'VE story apartment houses Nos 152 and
20 w Sn on PSt ,e 6 sT T feet
No 116 West s(th Sta four story high stoop brown
stone front private dwelling house. on lot lsxlO2
Lowensten, Papae & Co. sold for a client 20
Louis p Henryson a five story double iathouse, on
lot oaOo feet az the northeast corner OF Ii7th 81
son gives No. $40 Fax ST. a five story new iayy1
house. on plot 4oxll5 feet.
% Meehan plot. l7oxlo5 feet. on the west side az
It1any 81, 100 fact south OF Dongan ST. and =
parcel lloxilO feet on the side OF TIFFANY ST.
ten four story apartment houses on the site tars
VIII be two families each floor. Each suite will
have six rooms and bath The houses viii be
built from plans drawn by Charles Kreynbore- lie
architect They will cost about 500 COO. and the
total project viii represent investment OF about
Senator Thomas C. PIatt sold. through Richard
Collins 20 Daniel b. Freedman. No Sci Lexington
2 lot &xloo feet, between 5lst and 52d SITS ar
Freedman resoid TO investor No sA5 Lexington
ave. nve story business building. lot 25xlco
A a. Matthews sold for Charles A King 10 81
Marks Hospital No go East 18th ST, a four story
stone front building, lot lTsx75 feet The prom
be used by the nurses - " -
Pease & Gilman sold for Is Grand L. Benedict