New-York tribune., 1907-01-27
BUSINESS SITES In DEMAND.
DEALS INVOLVING MANY HUNDRED THOUSAND
DOLLARS REPORTED EVERY DAY LIST WEEK
Imesors Spectators and ercan tile Houses Prominent Buyers
Greatsst Actizitu IN the Central Fifth Auenne District

Investors. spectators end business houses were
unusually active last week in the real estate mar
iet They weIe busiest in the central oIh ave
district In many other sections speculators anu
investors bought a large number OF pig pAICeiS-
Deals representing an investment OF many hum
dred thousand dollars were reported every day
Seldom IN the history OF Manhattan realty mas
there been such g demand for business parcels IN
the great business About nine out OF every
plots In those centres which have recently
changed hands are TO be improved in the near
future. That means nothing more or les. than
that the present stupendous purchasing movement
from the Battery 20 5sth st. is to be quickly
followed by the razing Of scores OF old structures
and the erection the sites OF Sail modern Office,
store or loft buildings.
One Of the principal deals last week was the sale
and resale by n. & J.. Hess OF the premises Nos
ls. IS ana 20 West s2d ST, essnes.s feet The
parcel sold early in the week by this firm of
brokers for Jacob Wolf 10 the Realty Holding
Company for about sSS0.O00 On Friday the same
firm Of brokers TesOld the property 20 constrlc-
tion company. The erection OF eleven story
store and loft building OF steel construction, with
front OF stone brick and terra Gotta, and TO con-
tain four elevators. will be begun by the buyer
before May ]. The building viii be ready for occu-
pancy before February ]. leOe.
The building has been leased from It's plans for
Of twenty-one years a rental 10 the fu-
house of IT, Jaeckel e. Sons. The involved.
including the aggregate rental. is about Sl50e0Oo
Leopold Well sold for Isaac H. Clothier. OF Phila-
delIlnla 10 MAX AiarN the IOls- seven Slolb
naent houses comprising the block front in Broad
way, llsiE l4eth ST. 20xlOo feet. and known
the River.Irw. for about s6O9.Oa3
Daniel y. Freedman bought from Edward Ince
through Hall J. How & Co No. as West Broad
way. four story business building. lot 2'K7O
feet. Also resolc 10 Isaac and Edward Blum No.
~ West sth st.
The Bolce- Realty Company sold a client Of
Pesse & Gilman 10 Ernest Benger No. % Maiden
Lane ? fve story building on a lot 17x35 feet
David II. Byman sold L. NJ & T. Jones parcel,
5O05xl32.6 feet the southeast corner Of Gath St
and Madison ave 1t comprises the old Baptist
Church Of the Epiphany and she ChapIn School
property. The buyer Is a large really and con-
struction company. The purchase price WAS about
$3.50 600.
George r. Read a CO. sold for the Realty Finance
Company parcel. S4.SxlOs.7l5x irregular, at the
property was held al 100000
Mintum Post Collins sold No 100 East 65th st.
three story and basement brOwnstone dwelling
house, a lot 20xlOO.5 feet. The buyer will prob
ably erect on the site an American basement dwell
ang house for his own occupancy.
Horace S Ely & Co sold for the Roosevelt estate
lot 25xiO0 feet adjoining the northeast corner of
$50 ST. Jhe 1nysr Is 5he Gem eay % COMPANY 0a I I'm
ave- old buildings, on plot 5oxSAs feer. between
LoWenstein. Papae & Co sold for client to
kassel q Goldberg No. 10 West llSth st. a hye
change Kassel & Goldberg gave No 26s Avenue C.
william S. Islor sold for the Watt estate TO
lowenfeld & Prayer the block front. 20oxle0 feet,
s. B. GOodale q Son sold for the Madison Square
Mortgage Company the plot, 100xiO0 feet, vacant,
in The Southern Boulevard, easterly side. about
@ s p0Fa Rea t ompanR 80 9s s0 Vest eE t9e h ST.
three story and basement dwelling house. on lot
The H. Taylor sherman Company bought FOR DT:
dwelling house, a lot 2ex1022 feet. from James
Butler.
N ~ o Mst S @ Ss se lHSe b S9Ter OWNS Sos 2si
and 0T1r a
@ ssTes sR9uF r. vas SOvss Ss eompan resod for Ste
l,en CaplIn 20 an investor The five story building
No. ls2 William ST, between Ann and Beekman
sts, covering a lot 2ax646 feet The seller pur-
chased the property through the same brokers
n & /. Hess sold for Jennie Beach Casper No.
Vest 3lth st. 2s6K2 feet, 10 the State Realty
Alfred s. TOnssafnt sold for BEDFORD J. Mount
s. wss sis esSa IN st. o a 52Ts ssey S sSa
John FL Berry sold for Robert s. Mnturn to a
u East 10th st. 1893 feet east or 9Th II is on
2 H. wendell 3 Co sold for Miss Agnes Muir
ray 40 20 West 4sth st. four story high Ftoop
hrownstone dwelling house on lot 2Ox100.5 feet TO
The stuyresant Real Estate Company CPennsyI-
sznie Raiiroadl sold throIgh Douglas R1bnsoons
srles Brown q Co Nos ;,,i' IS ana o. " West o1 SSd
zs.sxsSs feet The purchase price was about S3e0.-
the property for tie Pennsylvania Railroad about
two years ago site for an airshaft TO the
Tucker. speyers & Co sold for Emma Y. Y.
bafdn. Fse o4 * lot soo feet to G rayson Mar
fin. for about $1,000
Nandelbaum G. Levine sold Dlot, oo.l1xl00 feet,
81 the northwest corner OF l0sth st. and Alnster
dam ave. Irving Judes is the buyer. He will erect
y ten story apartment house.
c. CiraysOn Martin sold No 527 Madison ave. a
<our story and basement brOwnEtOne front dwell
ing house iot 20xSO feet, between SD and 54tE
rfs. The seller bought the property a few days
p. Y. Calder & Co s0iS for the Densmore-Comp-
ron Company a po.. 75KiOO.1i feet. on the south
side OF Ii6th ST. 15 feet west of Broadway, 10 Pa
fsno Brothers. who wiz erect on the site a
twelve story apartment house. The operation IN
wolves about $4,000.
The East Bay Land and Improvement Company
cold 10 Edith n. Kennedy eighteen lots fronting
81 Eastern Boulevard and Manida and Coster sts.,
in she ed Ward. The Bronx.