New-York tribune., 1909-12-12
SPECULATIVE DEALS
BRISK TRADING IN NEW LOFT CENTRES
AND ON THE VEST SIDE.
More Operators an Zone North of Vest S4th Stee-Some
Big Sales Made Last Week

house on a lot 2OxsSs feet TO Frank l.
Morrill,.
Other deals in the section reported last
week affected a plot 75xss.s feet on the
southerIy side Of sSth street. 80 feet west
of Sixth avenue. through the William Lem
berg Company 10 a builder for improve
ment with a mercantile structure; No. 20
West 2sth street a three story building.
Nos. lss and ll5 West 18th street. two two
story stables: No. l3e West Goth street. a
three story building which is 10 be replaced
by seven story loft structure: No. 2ii
TO 2S West 18th street. two four story
buildings: Nos. las and 147 West 30th street
two three story buildings. No. 233 west 26th
street a four story and basement build
ing; Nos I27 and 10 West 18th street. old
buildings. and Nos. 223 and 20 West 3sth
street. two four story dwelling houses.
SALES IN OTHER CENTRAL ZONES.
Moreover. buyers were found last week
for many other large midtown properties
in business centres which are being rapidly
enlarged. one Of those transactions was
the sale by Tucker Speyers & Co. for Tar
rant Putnam 10 the Madison Realty Com
pany, represented by Douglas Robinson.
Charles S. Brown & Co. Of the four story
dwelling house No. 81 East saith street on
lot lexS9s feet.
The company was formed by the late DR..
William T. Bull for the purpose OF buying a
site for a private sanatOrium to replace the
one then conducted by Dr. Bull. With this
purchase Il now controls the premises No.
4S 10 81 East S4th street. and extending TO
No 80 10 2S East SD street. Its frontage IN
S4th street is p feet and in SD street lib
feet. According TO report. the purchase
price for No. 81 East Saith street was $4,000.
price equalling $3.50 a running foot
That is said TO be new high record price
4 for the district.
Another leading midtown transaction re-
ported last week indicating class Of prop
critics for which there is large demand
was the sale by the William Astor estate Of
the premises No % TO 81 West 18th streer.
three four story dwelling houses. on a plot
66xs2 feet. together with the abutting par
Gel, No iS West 10th street, four story
house. on lot 25xs2 feet That site Is
likely TO be improved in the near future
with big loft structure.
Another important midtown transaction
was the sale by Robert c. Henderson for
Herbert r. Limburg Of the premises Nos
81 and 80 East 2Sth street. 45.l0x9Ss feet. On
the site are al old-fashioned single apart
ment house and a dwelling house The
property was held at sl35.oco
IN THE GREAT WEST SIDE.
There was marked increase last week
in the volume of trading in the great West
Side residential zone AS a result OF the
deals properties valued at many hundred
thousand dollars changed hands The per-
fection Of one transaction provides for the
erection Of housekeeping apartment house
the entire block front on the easterly
side OF Broadway. from 18th to 18th street.
The building Will be erected by a syndicate
Of well known men as an investment.
The property was bought last week by
the syndicate by Barton Chaplin from the
Sanford estate and Joseph w. Sandford
for about s70O, 600. The site measures 2O4
feet and 1O3 feet both in 18th and 18th
streets. Opposite the plot is the Apthorp
apartment house, one Of the largest struct-
ures OF its kind in the world For the car
rying out Of the project Of the syndicate
MI Chaplin has arranged a building and
permanent loan Of :l.20e. 900.
s Osgood Pell & Co. were the brokers in
one OF the largest West Side transactions
reported last week. They sold for b. Crys-
tai & Son the new six story elevator apart
ment house. IcOxl50 feet. at the northwest
corner OF Broadway and l5lst street. TO c.
W. wells In part payment Mr.. Wells
gave No. q East 5lst street, a four story
dwelling house, a plot 4Sx7l feet. The
values Ot the properties in this exchange
were about 10000.
WASHINGTON HEIGHTS SALE.
Another large West Side deal reported
last week was the sale by the Consolidated
q Board OF Brokers for the Miami Realty
/ Company OF the two new six story elevator
apartment houses occupying the block front
/ on the east side OF Audubon avenue be-
tween I72d and lz3d streets. to the MinOma
| Realty Company. The houses occupy a
/ plot lS5x1s5 feet
Or. John p. Nolan bought as an invest
ment last week the Phaeton, a new six
story elevator apartment house. No. 5S7
/ 20 545 West 18th street. IL is on a plot Iuox
/ lO0u feet. This is the third sale OF the
/ property in the last year.
Paterno Brothers bought from Samuel
Mcmillan plot al the southeast corner of
/ Riverside Drive and ll6th street through
Miss NJ Monahan. On the site they will
erect a twelve story apartment house. ar
ranged for one or two families 10 a floor
In several attractive districts OF The
Bronx there was brisk demand last week
for properties. Speculative builders were
the buyers Of most Of the parcels which
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