New-York tribune., 1908-07-19
ACTIVITY ON THE WEST SIDE
,,.vy VACANT PLOTS THERE RECENTLY PUR-
CHASED TO BE IMPROVED.
prr. Found Week for Several Large apartment
Trading in Other Sections

49, IN the uptown districts Of the city con-
81 he a feature OF the real estate market
m - the wear nearly all the vacant parcels in
N.- districts which changed hands We're ptlr-
- for Immediate Improvement Most Of the
" ,nvers In the district also intend to erect In
t,t,,re on the sites which they have pur-
modern apartment houses. One or the
'n,,sr 6eais of the week affecting an uptown
n4pas nn' the purchase by Edward J. Moloughney.
pe1 II Miss II. Monahaa from Mary A Taylor.
nfe on the south side of I14th street. 800 feet
-. Amsterdam avenue He owns four ad-
- lots end the combined plots Will be
vs. .ua eight story elevator apartment houses
Us rs Violin purchased last week an irregular
,be north side of 1ssd street. Hill feet west
cA..,.rn % boulevard. from Miliie and Nathan H.
y - II &c reported that Mr. Violin intends TO
W.. W." ,is lot in the future. The Byrnes
mH,,- cr1pany also figured in an important sale
~ ,,,rer sections IN the week II sold for H.
u u o. nrss 70 Walter F. Byrnes. the Talcott prop
o Mot of sl4 acres in Bolton Road near Dyck-
hs' .-.es Inxood- There three story dwell
,,rse on the tract Mr.. Byrnes intends to alter
n'e ,use into a hotel which has already been
W u'' ,ro-, The plans. Another interesting trans
". =. the week the sale by James A Jack
- Nall E. Parker for August Does. of the
en No zss West 134th street. a five story
-. .,axtmert house. on lot 25x1oo feet
60 n. site on which Mr.. Moloushney intends
-,r,e sn the near future the Sun Construction
o.r.nr IL going TO build two six story apartment
.s.-..x They VIII occupy a plot locxs5n on the
-. .fde Of 1lsth st. Us feet east of Broadway
w.. for the houses were fled last week by
..-,,n,n " Iepitaa, the architect The total
20. IN be sanon A buyer was also found in
~. xsek for the Ll1cetine, an eight story IRE
80, ansrtnent house, No IS TO Sc West eSth st
= ..un,es 8 plot e4x1o1u Il was sold by Leroy
n.,,-v and Miss Mary Monahan for the Woyti-
-, construction Company. The asking price was
riyriY yy1idf nyxn
- ~eek WIS the sale of No. sE 9TH ave, 1s 1ox
.-,ez,sr, TO an investor
,,,,nber Of downtown properties also changed
"a. last week Bernard Sn1yth & Sons and
n-s., & Caarkson sold fo- the Seton estate No.
Issu,b ~ four story building, Z1-sx7lsx irresu-
W r.rnsre Golden bought No. 17s Prince st.. three
.xo,t and rear building. lot 25x95s.
~.-,,ia.ions were also completed IN the week by
~ shubert for the purchase Of the Hollywood
--uert house, Nos. 110 and 1l2 West 3sth St.
: So ..ory structure. plot 5ox9sa- The Holly
-, pas sold under foreclosure last December
s.,+s.,ve ~S0 of the I7oelet estate for s135.0oo.
n.r ,e-a fled in the week for nine story
-,r.cial building, TO be erected for Arthur
Tocb On the premises No. ESQ sth ave- 1t VIII
h.re frontage OF q feet and depth OF Il" feet,
-s,b a facade Of brick. finished with limestone
,l., II will be adorned by large mezzanfne
-. ,5 a. oor11ice with a balustrade- 1t is TO
-. s,oo nB snd viii be built from plans by Henry
o Chapman
N. suction budget comprised mostly foreclosure
.,,,.,s As there were many adjournments few
nronerres were disposed Of
s-,. Peal Estate Record and Guide says in its
,. ,,sre IN an article about construction work:
.rrx5de,nes accumulate that capital is going to
.sla advantage Of the comparative economy OF
n1d,ne a this city TO erect large number OF ex-
,e,e,vs structures. While the number OF relatively
,erne-s,ve improvements projected during the first
half NJ rex is much smaller than they were during
S.oF1 IA nj K
,.nsve improvements for which plans have been
sls6 ,s considerably larger. Substantial decreases
are shown in the figures for dwellings, tenement
bouses and the like, whereas large increases may
be remarked in the totals for Office buildings ana
hotels Indeed II the new Equitable Building is
heSun during the year, the year 1908 VIII be second
70 noue IN TIE history Of the city in its expenditure
on savsc-ane-s The latest important improve
,nen. for which plans have been fled is the new
Rtz-Carlton Hotel There seems TO be some doupt
whether this building viii be erected or In case IL
Is erscted 4 will be called the Ritz-Carlton' Out
. should be built ;n 1908 and 1909 Its owners
would have the advantage Of getting much
CHEAPER building than they could have obtained
wear $50 or are likely obtain a year or more
hence No-enver the proposed site has certain
peculiar advantages for an exclusive fashionaoie
hoel The block front IN Madison avenue between
Sfh and 9Th streets is convenient 10 one or the
mos important railway stations. and IL Is sum-
Gently near both to the more important places OF
eruse-rert and the clubhouses ano fashlonaoie
residence district On the other hand, the location
comperafively quiet ard much less costly thah a
ste IN Fifth would have been OF course
The question viii always raised whether there is
room il New York for any more hotels. but TINS
question can always he answered in the affirmative.
There is always room IN New York for hotel t8at
car be built in an economical manner on an excel
lent site and Is sure of really distinctive man.
ssement Such would assuredly be the case with
the proposed Education which would not be
completed until business conditions have been re-
tored to normal Moreover, it should always De
remembered in relation TO New York hotels that
about many are destroyed in one year as are
constructed. The Fifth Avenue. the Everett, the
Aornsnde and the Stevens hotels win all die our
ng The course Of 1908 and among them they trans
sried sn amount Of business which viii be very
Grateful TO the new hotels north of 34th street