New-York tribune., 1909-05-30
TRADING In MIDTOWN
INVESTORS Prominent.
Market Found This Year for Big
Central and DOUnt01cn Plots.


!. and scores Of sites occupied by landmarks have
changed b nds and viii soon be improved with mod
eTn buildings. Here are some of The big midtown
and downtown realty transactions reported this
year
The purchase Of the premises No 1l3 10 III West
9th street 70xl03 feet by the Palmer Realty Com
pany Of which Leslie r. Palmer is president, and
the sale Of many other parcels with frontages In
this street TO other companies.
The sale Of six four story buildings No III to
f2l East 18Th street, plot i5exi00 feet. and
five story building No. Ia East l4th street. 2oX
106 feet. 20 Senator Timothy d Sullivan and George
J. Kraus rs a site for a theatre Charles W smith
was the broker in that deal
The sale by Frank F. Smith to the Seaboard
Realty Company Of the Westminster Hotel property
at the northwest corner of 18th street and Irving
Place feet Irving Place and l75 feet IN loth
street and also Nos. and III East 18th street,
and Nos 1ls and rs East l7th street. adjoining
On the entire plot is being built an eleven story
business building which Frederick D Kailey and
Isaac T Meyer leased 10 George Borgfeldt & Co
Tor ttyenty-,3ne years
The 4lihE of plans for a nineteen story brick and
stone hotel. 1g76xS0 feet 10 be built by the CttH
Leasing Company al a cost Of 100000 from plans
hy Warren &, Wetmore. architects, a the southwest
corner Of saith street and Fourth avenue.
The sale e the Edison Building Nos - and -
Broad street. and extending TO Nos IS and - New
street hv the city Investing Company TO August
oppenheimer. who gave in part payment the BLOCK
front Of about thirteen lots. or the west SIDE OF
Nacornbs Road, between 153d and l7ith streets
The zeal involved about S1a10F, OF winch $5ortJ
Vas fo~ the Edison Building and sEOoo00 for the
Nacoinb's Road property The Edison Building
was later resGd-
The prrcllase by Dodd Mead & Co, publishers
through Horace : Ely & Co. OF the premises No.
Az "a az Fourth avenue and No. lO3 East Soth
street forming the northwest corner Of those thor
ouzhfares. a building for the use Of The buyer IS
10 built the site
The sale BY Alwyn Ball. IT. for the Fifth Avenue
Nos 902 and 305 Fifth avenue. 569x15o feet, 10 a
syndicate which viii build twenty story mercan-
tile structure the plot
RESALE OF THE DETONsHIRE-
The sale by the Post estate syndicate headed
bvJ Delmage Tri-nble Of the old DevonshIe Hotel
rropertv in 52d street 123 feet east Of Madison ave
n,5e and the resale of the premises TO the lessees
The purchase by the c L Gray Construction
Company from the Goodwin estate. through John n
C,oldng Of the old Bryant Building at the north-
west corner Of Nassau and Liberty streets. On the
site big Office structure is TO be built from plans
by Henry Ives Cobb
The purchase Of the Croisic apartment house at
the northwest corner of 2th street and Fifth ave
me bv Louis NJ Jones from James d ireland.
The sale OF the Hensington- q new eleven story
ana basement freproof loft and store building al
the northwest corner Of 18th street and Fifth ave
me bz- N & I. Hess for the Richman Realty ana
Construction Company. 10 Robert 5. Minturn-
The purchase by Mrs. Elizabeth GuggenheiTner
through Joseph 7. Mulligan d Israel Cohen, OF
the Hotel CoIlingswood, fourteen story structure
s. sx9Ss feet Nos g TO II West S5th street from
the Dover Realty Company She gave IN part pay
rnent q seven story warehouse, No 54l 10 o4'
Su-inr street = SxS5 feet with L 20x60 feet TO
800 Washington street. and also plot 9oxlls feet
al the northwest corner Of 15Sth street ana bdSe-
combe avenue The deal involved about Si,lV''o''
sale OF the Hotel Breslin al the southwest corner
Of 18th street and Broadway TO the Hotel Breslin
Company, by the United States Realty and In
pcoveuent Company
sale OF the sydenham. a six story office build
irs lg5xs5 feet, al the northwest corner OF Seth
street and Madison avenue, 10 the Sydenham Com
ranv in which several physicians are interested
The purchase price WIS about $4,000 The {.
LYONS Building and Operating Company was the
seller
The purchase By the Rocky Mountain Club, Of
which John Hays Hammond is president OF the
premises No IL Us West 44th street as site
for a new clubhouse. The parcel is near the
Lambs.
Plans for q $4,000 garage and factory building
be but on q plot on the south side Of 67th street,
100 feet west Of West End avenue, by William c.
Boschen and associates from plans by Z. l.
Philips & Co.
Plans bv the banking house of Redmond & Co.
for altering the premises at the southwest corner
OF 10Th street ard Fifth 25xoo feet. with
branch Office Redmond & Co bought the property
through Henry D Winans & May from the ga
Fifth Avenue Company
Sale OF No 10 ? East 5st and No. 70 10 East
SD street a plot Of about $1,000 square feet, by
William 2 .Favemeyer TO the Stockton Realty Com
pany On the plot is TO be built fifteen story
ofiee and-loft building.
Purchase by William J. Dingee OF the four
story dwelling houses 3sx1O0 feet, Nos. 5s1 and 5S3
Fifth avenue, adjoining the home Of Miss Helen NJ
Gould, from the City Investing Company. The
company bought from Mr. Dingee the former home
of Isaac stern at No SIS Fifth avenue 55xl25 feet
The Stern house figured in the transaction at
SleoO0o and the houses 18th street at 100000
The upper Fifth avenue house quickly resod
Thomas F Ryan
DEAL INVOLVING $4,000.
The sale by Albert B. Ashforth for George G.
Heye Of the premises No. 594 Fifth avenue. south
west corner Of 18th street 255x1O0 feet. II held
at s6o0G0o.
Plans for erecting a $4,000 twelve story loft
building the site of the Belvedere Hotel, at the
northwest corner Of 18th street and Fourth ave
nue. by the Belvedere Building Company. of which
Leo NJ Klein is president. have been drawn by
William Rouse The building company bought the
property.
The purchase by the Fourth National Bank Of
the GerTnaaia Life Insurance Company building.
a tn. southeast corner Of Nassau and Cedar
streets. for a little less than s15tQCoo. through
Douglas Robinson. Charles s Brown & co. The
plot has frontage Of 7SA feet Nassau street
and 732 feet on Cedar street. II comprises about
1870 square rect
Plans for a ten story brick and stone department
store, Is7.5xioo feet, to cost $4,000 and to be
built on the westerly block front in Broadway,
from S2d to $50 street. by the Manhattan-Hudson
Realty Company for Gimbel Brothers.
The purchase by Henry Corn of the Clarendon
Hotel PROPERTY 7ssx175 feet, the southeast cor
Weekes estate.
Sale Of a plot about 75xloo feet at the northwest
corner Of 5sth street and Madison avenue on which
stands the AllstUn apartment house. The property
zas sold BY the Thirty-ffth Street and Madison
Avenue Company. which w. H Chesebrough
Is president 70 George F johnson. jr- and Fred