New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-12
NECKWEAR HOUSEIN BIG LEASEI
JAMES r. KEISER (INC) TO OCCUPY TWO FLOORS IN
PETER COOPER BUILDINGS IN FOURTH AVENUE.
c. " Shuman InUesng Company Bugs Parcel Near Lnco" Square
Dea-SLavonic Emgamt Society Hare esd Street Home.

Several important realty transactions affecting
Manhattan properties reported yesterday. A
buyer was found for the Ulysses apartment house.
q six story elevator structure in Riverside Drive,
between Nth street and Clarenont Place at about
600: the St Catherine apartments an eight
story elevator building SD street and Madison
avenue. purchased by a syndicate, which in
tends. it is said, alter the building into offices
exclusively for physicians, and a new home was
bought by the Savonic Emigrant Society.
One Of the principal transa ctions in The Bronx
was the sale by the MulhaH Realty Company of
one Of its two story houses in Coster street That
parcel is in the Hunts Point section of the Dor
ough. Near il are the blocks being improved by
the American Bank Note Company.
One Of the most important Manhattan leases ne
gotiated in many months was reported yesterday
Many experts hold frnly 10 the opinion that there
IS going 10 he a great demand this fall for lofts
and store space in the central Fourth dis
trict. and their views that subject were prac-
Ideally confirmed yesterday by Frederick Fox *
Co. renting two entire floors. containing about
1000 square feet. in the Peter Cooper Buildings
being built the easterly side OF Fourth avenue
from 9th 2Sth street.
James r. Keiser, speaking Cor the lessee James
. R. Keiser. Inc said: After many months OF
thorough consideration Of the question Of locating
large manufacturing business in New York. the
conclusion was reached that the Peter Cooper
Buildings offered all that was desirable ana heceS-
sarv for this purpose Fourth avenue, with Its
great width and convenience all lines Of traffic,
makes an ideal site for large business building.
and the convenienoes for visiting buyers and the
small army Of workers who have 10 reach the
building each day were and had 10 be considered IN
the selection OF permanent home
The building. the construction already shows,
VII be inferior to none in its modern arrange
Enent FOR light manufacturing and salesroom pur-
poses Special attention has been given TO the
question OF proper ventilation and light and pro
lection against ire a large court in the interior
has been laid out. even though the building has
permanent street light the three sides.
James R. Keiser. Inc, is one of the best known
manufacturing concerns in this city, dealing in
mems and women's neckwear. 1t will probably in
uence other large concerns in similar lines 10 CON
gregate in Fourth avenue. north of 23d street.
The lease with the Keiser company is for long
term. involving a total rental of more than three
quarters Of a million dollars.
Another important lease also reported yes
ferday. Frank NJ Randall a furniture dealer.
rented from the plans the twelve story and base
and loft building being built by Michael
Coleman on the plot No 1876 to LAG West sd street
sust east Of Seventh avenue. The size of the par
eel is 15oxlo0 feet The lease is for term of
twenty years. at an aggregate net rental of about
s.. 10000 Mr.. Randall viii occupy the three upper
floors. At the expiration OF the present lease he
VIII have the privilege Of controlling the property
under another twenty-year lease, the rental being
based on a revaluation OF the premises.
Clifford n. Shurman sold yesterday for Martha
n. Dederer 10 the c. y. ShurTnan Investing Com
pany No. $50 West 18th street, four story lime
stone American basement dwelling house, plot
IsxlOo feet. Bryan L. Kennedy obtained for the
Shurman company $4,000 first mortgage on the
property for I've years.
Mrs. Dederer took in part payment a cottage
and grounds Shelter Island Heights, formerly
owned by William N. kingsley, vice-president Of
the United States Trust Company.
Mr.. Shurman also sold for William Rau 10 the
c. X. Shurman Investing Company No I33 West
SD street, q four story dwelling house, a lot
1S6X10O feet He gave in part payment The Roses,
Of the finest houses AT Palisade n 7.
Plans have been fled for charging the parish
house Of the Church Of the Sacred Heart of which
Vicar General Mooney is pastor, No 457 463
West 5lst street. The plans provide FOR one and
TWO story extension, the additional space being
fitted for meeting rooms for the congregation. The
Improvements are he made from designs by
J. " Cole as architect, a of $500.
Plans have also been fled for making over the
three story dwelling houses Nos y and llis
Division street, IN the millinery quarter, into a
loft and store building, the improvements being
made from designs by David Bleler for NJ Levin
sky.
Plans have also been filed for remodellng the
Lutheran Immigrant Home No. s State street
installing q modern plumbing plant. with concrete
cellars and eliminating the antiQuated school sinks
the improvements being made for the German
Lutheran Evangelical Synod from designs by James
X Cahill architect