New-York tribune., 1909-07-11
BUILDING NEW TRADE CENTRES|
IN DISTRICT BETWEEN ESD AND s4TH STREETS
VEST OF BROADWAY
Iuestors and Spectators Busy Along St Nicholas AUenueSoIes in
Fifth 4Uenue Shopping Zone Features of the Trading

Nicholas avenue.
market lately found for a plot 57x1oo feet
at the northeast corner of 1s5th street and St
Nicholas avenue The site sold by Bernard
Smyth & Sons for the Washington Heights Realty
Company
Harry White sold for the Empire City Wood
working Company plot. 95x10o feet. at the south
west corner of 17sth street and St Nicholas
The buyer a builder who intends to improve
the premises.
SALE OF ST. BENEDICT APARTMENT.
A big transaction made in the early part of the
year in the district the sale by Frederick A.
CARL for Thomas Smith. builder. to William ].
Daniels. of the St Benedict apartment house. at
the northwest corner of ST. Nicholas avenue and
1s1st street Il occupies plot with frontage of
$50 feet and a depth Of 100 feet. It has seven
stores. That investment purchase.
William Whtlock. OF France. also bought as an
investment the new six story elevator apartment
house at the northwest corner Of 14eth street and
St Nicholas avenue. It has a frontage of 175
feet and depth Of 100 feet.
The Strauss Building and Realty Company sold
the block front the easterly side of St Nicholas
avenue. between nth and 17Sth streets. On the
site are FIVE five story fat houses.
In January Harry White sold for Gustavus l.
Lawrence TO Stephen R. Eagan a lot 25x1OO feet on
the westerly side OF St Nicholas avenue 7411 feet
north 18th street. Mr.. Eagan owns an adjoining
corner parcel and intends improve the com
bined plots.
The St Nicholas Avenue Realty Company sold
to the Fluri Construction Company the block front
on the easterly side of St. Nicholas avenue, be
tween 176th and 177th streets Two high class ele-
vator apartment houses will be built on the site
Henry d Winans & May sold q plot f27x1o4 feet X
irregular on the easterly side Of St Nicholas ave
nue. . Ieet north OF 159th street, TO the De Leon
Realty company The seven story elevator apart
ment house. No 80 10 81 West 10th street, 75x1o0
sold to HeT N Wf four o9s on e 6 %rg9e s
OF 81 Nlcholas avenue so feet south of 19th street
BIG FIFTH AVENUE TRANSACTIONS,
There has been considerable activity this year in
the central Fifth avenue district. which forms the
highest class retail shopping zone within the bor-
ders Of the greater city. Last week Douglas Rob
inson, Charles S. Brown & Co. and Albert B. Ash
forth sold for George q. Heye the six story house
No. 594 Fifth avenue. southwest corner of 4sth
street, lot 25.5x10o feet. which was owned and
occupied for many years by the late Charles T
Cook, of Tiffany Co. and for Mrs. LonsdaIe
Boardman the adjoining property. No. West 18th
street. four story and basement stone front
dwelling, lot 25x10O5 feet, 10 Black Starr &
Frost, jewellers.
The corner house. has figured in several deals IN
the last ten months. In October last the Cook
estate sold the property to the Max Marx syndi-
cate. which resold It two months later to George
G. Heye.
Black. Starr & Frost are said to have paid for
the two parcels than $4,000.
The NcVickar-Gaillar Realty Company recently
scId No. 6S7 Fifth avenue modern FIVE story store
and office building adjoining the Hotel Lorraine at
the southeast of 45th street The site has
frontage of 80 feet the It's depth is 100
feet. It was sold for the Theodore A. Havemeyer
estate to an investor. This makes about ten large
parcels in the central Fifth avenue district sold
this year.
Early in January AIwyn Ball. jr.. sold for the
Fifth Avenue and Thirty-rrst Street Company the
premises Nos 3OS and 305 Fifth TO a new
syndicate. which will improve The site with
twenty story mercantile structure 1t was said
that the entire transaction would involve
penditure of about S2 $1,000 The site has 'front.'
age Of $50 feet on the avenue and 80 feet the
street Soon aftcrwsrd the Crosio apartment
house. the northwest corner Of Fifth avenue and
26h street, sold by James D. Ireland 20 Lewis
". Jones. The property comprises a six story
structure on a plot with a frontage Of 344 fe..
in the avenue and 1915 feet in the street The
transaction involved about sl,lO0,Ooo
A little later d buyer found by Henry D.
Winans & May for the plot 25x100 feet at thn
southwest corner of 5oth street and Fifth avenue
The property was sold for the e24 Fifth Avenue
COMPANY Of which Simon Franke is president to
Henry s. Redmond, of the banking house or Red
mond & CO. That site is being improved with
branch house for the banking corporation.
In the early part of March two big central Fifth
avenue transactions were perfected One was the
sale by the City Investing Company TO William J.
pingee Of California. OF the premises Nos 5Sl ana 6SS
Fifth avenue two four story dwelling houses, on a
plot 8sx1Oo feet, adjoining the home Of Miss Helen
NJ Gould at the northeast CpIIeT VI III oeASON
and Fifth avenue. In exchange for the houses ad-
Joining Miss Goulds home the City Investing Com
pany took the dwelling house No a5S Fifth ave-
nue. on a plot 55x125 feet. formerly owned and oo-
c1pied BY isaac Stern. The Stern house figured IN
the transaction at s1.OoO,oOO and the two houses
near 47th street at 100000. Later the Stern
house was sold TO Thomas F. Ryan for his own
occ1Ipancv. and the houses in Fifth avenue, near
z7th street. to heirs or the Marcus baly estate aS
a investment
Soon after John " Golding sold TO the
came syndicate of buyers the Lee estate parcel
2sx15 feet at the northwest corner of 4Sd street
and Fifth avenue The purchase price of that site
was reported to be about $4,000
About the time the Jeremiah 4 Lyons
Building and Operating Company sold TO NJ H De
Young the eleven story mercantile building NOS.
2ss and 23s Fifth avenue, between 26th and 27th
streets
One OF the recent transactions in the central
Fifth avenue district was the purchase by F. '.
& J. H Burton OF the four story dwelling house
at the northwest corner Of S8th street and Firth
avenue The site has frontage OF zoS rect on
the avenue and OF III feet on the street Ihe par
eel contains about 1850 square feet. and it was
sold at the rate Of about s65 square foot or for
about $4,000 With that purchase the Messrs Bur
ton became the owners Of the entire block front,
with exception Of the southwest corner OF Sstn
street occupied by Black. Starr & Frost
John p Kirwan recently sold for a client to An
drew J. Connick Max Marx and Martin D. Fink,
I'VE story building. No. 257 Fifth avenue between
2Sth and 18th streets.
one of the principal downtown deals reported
last week was the leasing by the Bankers Trust
Company of the old Stevens Building Nos. IA, -
and Is Wall street as site for big Office struct-
ure The plot TO be improved has frontage Oh %
feet in Wall street and 235 feet in Nassau street.
the length Of its easterly line being 1928 feet II
surrounds the Gilender Building at the northwest
corner OF Wall and Nassau streets