New-York tribune., 1909-07-31
A LARGE BUILDING LOAN
ONE MADE FOR Sf,75O,OOO.
Suburban Sales Lend Interest to an
Other7cise DuH Dan.

The financial arrangements of the Pocono Build
ing Company. which is putting tho building
to take the place of the old Florence Hotel. at
Fourth avenue and 18th street. completed yes
terday. The company borrowed S.7JOOn0 from the
Mutual Life Insurance Company the Fourth
avenue property
Aside from this transaction, realty operations
exceedingly dull. the day. indeed marking
low tide for the summer. The expected announCe-
ment made that the InterOorouEh Rapid Tran
sit Company had acquired the remainder Of the
land IT needed for its terminal car storage
yards for the Broadway subway. The purchase
consisted Of eighty lots between 24Oth and 242d
streets and the Spuyten Duyvi Parkway and Cor
lears avenue. The price paid about 100000
J. Clarence Davies the broker.
Pepe & Bro. sold No 20 Washington Square
South. four story building lot 25x7s feet, at
the southeast corner cf McDougal street to H. T
Piercy, for Minnie e. owens
Fredus & stelnburg sold FOR Ahram Bachrach
No. PAS to 254 West 18TH street. two six story
apartment houses, a lot S0N99.u feet, and for
Mrs Mary A. Smith No. sos West 12sth street.
FIVE story double apartment house a lot 25x99lI
feet.
J. ] Haggerty has sold the dwelling house at
No. 1924 Bryant avenue. lot 20xlO0 feet for
Charles H. Beecher J. J. Ryan. Of Denver
There was a sale the suburbs at Broadway
Flushing. amounting 20 abouC $4,000. The Realty
Syndicate sold for the TIford Park Company a
block OF thirty-one lots in seth and 3oth streets.
near Crocheron avenue. The average price was
$1,000 a lot. The buyers. the Suburban Operating
Company are men active in concrete operations
and engineering They will begin AT once 70 build
several houses the property. probably Of con
crete. and expect BY next spring 20 have nfteen
model detached dwelling houses ready.
Another suburban sale was by the Dunton Lodge
Realty Company. which sold plots in Van Wyck
avenue Dunton Long Island. 10 Thomas Farrell
and J. J. Shiei.
Joseph p Day reports that he has soid at Man
haitian Beach plot 40x1o0 feet in West End ave
nue. 70 Max Kufeld and another plot tXio9 feet
and one 20xio0 feet. IN the same street 30 Mary
Mclean He has sold, also. tGXi0o foot plot IN
Beaumont street 10 Edward J. McNaHy.
The Mcyickar- -Garnrd Realty Company has sold.
through Joseph Iambden Son. plot in Beech
mont Tark. New Rochelle, 20 client t'F iiiiihe-
date Improvement
Herman Frankfort has sold FOR Harry King TO
client large plot in Forest AVENUE. Far Rocka"ay
Aaron H. Levine has sold his property, IN the
Richmond Road. Concord, Staten Island, through
Harold L. Wittecan. 10 an investor.
Building operations ar2 rapidly progressing NJ
East Wildwood Wood Harmon & COS latest Flat
b,,sb sevelopment The Harwood CONSTRUCTION
companv is inclosne six single family dwelling
houses in Kenmore Place. near Avenue J. ana mas
nut in cellars FOR high grade two family houses III
E!nlore Place near Avenue J. The John X totoin
Company has three single family houses ~ Dei"-
mere Place in course OF construction FuTther
so,,b I'm Gilmore Place the company is preparing 70
b,rd a number OF moderate priced detached dwell
inp houses between Avenues X ami /. lhe 'oF'ih
company IS building. ALSO IN Avenue - pet"'e"
Flmore and DeIamere- South OF Avenue L. Ia
T1elamere Place, J. J. DinAmore - bulldhs Il ue-
tacbAd dwelling house and in Elm re Place aI+'
- - Avenue L. the Tslrkwood CONSTRUCTION
..r,ne,,, s working on a detached dwelling house
In Delamere Place north OF Avenue l. the Buckley
,.onstruction Company is preparing plans ioE
twelve two family dwelling houses