New-York tribune., 1909-11-18
GOULD ESTATE BUYS
1T PAYS sIG0000 FOR SITE .1DJOINING THE
Grand OPERA HOUSE.
Good Prices Obtained by H. a. Sherman for Taylor Parcels
Large Sale an the Hunts Point District.

Many nne investment and speculative
properties were sold ~ auction yesterday
a. the Real Estate Exchange saiesroom.
Nos. "a and Is Nesey street.
AZ the stand OF Bryan l.. Kennedy the
Rsrkley estate property. at the southwest
corner OF Eighth avenue and 2ith street.
s5Ns9 feet. was purchased by David n.
Taylor. an attorney. representing the Jay
Goulo estate for Sls0aso. The estate also
owns the Grand Opera House. adjoining.
and therefore controls the entire block
front the west SIDE OF Eighth avenue,
from 20 20 cath street, and large frontages
or both streets.
some persons present az the sale said
that n would likely result in a large inn
prONement Of the Grand Opera House prop
ertv. which has been famous since the
early days Of the Erie Railroad. when the
late Jay Gould and Jim" Fiske fought
their battles OF high finance. They thought
that the much talked Of ocean 20 ocean
railway system OF the Goulds would have
its Eastern terminal on this block.
AR. Kennedy also sold the Norma L.
Munro property of fourteen acres on the
Sound. al Great Neck. Long Island. with
dwelling house and outbuildings. 20 Charles
j.. Titus. Of the Stock Exchange firm OF
Daniel Odell & Co. for $4,000 Mr.. Titus
viii occupy this property as a summer
home
Mr.. Kennedy also sold for the estate OF
Charles Lehritter No. 81 West 3Sth street
10 the Kohring Realty Company for $1,000
ana Nos. so4 800 and 3os West S7th street
FOR the same estate 20 Thomas keOgh for
si.Seo: also Nos. so and go West 10th
street 20 Charles b. Gumb for sls.f75. and
Nos. 2lO. 2l2 and PA East 7ath street 10 W.
J. Hamilton for $4,000.
The building for the Taylor estate prop
critics. the sale OF which was held by Her
bert A. sherman. was spirited. Moreover.
The property brought S.eoO more than the
highest appraisal made for the estate.
Among The buyers We're J. Archibald
Murray and Thomas ID. Day. jr.. lawyers.
who bought No. II Crosby street. AT S3l.700.
Gilbert Euh paid $3.50 FOR No. 345 West
3Fh street. He is the owner of No. 59s in
The same block. T. NJ. Hilton. Of William
A White & Sons. bought for client No.
8 Walker street for s55.@o. The other
properties. No 1sS Elizabeth street and No.
sss West 2S6 street, went 10 Dominick Alb
hattie and Jacob Appel for ss5.9o0 and s21,7o0.
respectively. The buyer OF the Walker
street property was thought TO be the Rus
sell Erwin Manufact Jring Company.
one Of the leading transactions in the
brokerage market was the purchase by
Patrick J. Revine and Edward c. Siesel OF
tho vacant plot. s3xl25 irregular az the
northwest corner Of lsSd street and Inter
vale avenue. They viii build on the site a
SIX story elevator apartment house.
This deal marks the beginning OF prepa-
ration for the seventh six story elevator
APARTMENT house in l6Sd street, between
Westchestor avenue and Southern Boule-
IL - frp sfrs
Of Wcstchester avenue. had only one build
ing on H. Besides the six story elevator
spartment houses prepared for. l6Sd street
has also az this time three five story apart
mont houses. occupying two block fronts.
East $3.50 street is one hundred foot street
connecting Macomb's Dam Bridge with
long Island Sound a. Hunts Point. be
tween WestChester avenue. along which the
subway runs, and tho southern boulevard
Fast lsSd street IL only seven blocks
lona Tho six story elevator apartment
houses already built tbero, or prepared
for incluue tho Hunts Point, the largest
s3N story elevator apartment bouse IN the
world. house in course Of CONSTRUCTION
~ Msximiian Zipkes, ono about 10 10
beeun by the Emmul Realty Company two
ny the Johnson Kahn Company, one by the
American Real Estate Company ana tho
one in tho present deal. by Reville and
Soscl This last house viii be = short
block from the new subway station being
built At Intervale and Mcstchester ave
nnes nidva between tho Prospect ave
nuc and Simpson street stations. ia
section largely improved In the last year
~, the Henry Norgenthau Company, with
high-class four and ivc story hou>es. iiy
March n h. expected a trolley line viii be
in operation through ls3d street connect
inE Westchester avenue and the lover
Ii.pnx with the Sound al Hunts Point.
The large building movement I'm this vi
oiu.iy Is due 10 tho great increase IN popu-
iation I'm The last year.
n vas also learned yesterday that nego-
tiatiOns have practically been closed for
the sale OF the plot. l00xl25 feet, a. the
southwest corner of Park avenue and 10Th
street 20 George Bumenthal, o. the bank
ing house of Lazard Freres.
Commodore Arthur Curtiss James Of the
New York Yacht Club has also agreed 10
add another Park avenue l0t 10 the site.
75xl95 feet. On tie 69th street corner Of the
block which he purchased three OF four
weeks ago. Thus commodore James and
Ny Blumenthal will take over the entire
Park avenue frontage, 200l0xl25 feet. and
VIII erect thereon two handsome houses "a
soon as they can get possession Of the
property from the seminary next spring.
Douglas Robinson, Charles :. Brown &
CO. are the sole agents Of the seminary
property.