New-York tribune., 1909-12-05
BIG BROADWAY SALES
SECTION JUST SOUTH OF CATHEDRAL PARK
W.dY aTTR.aCTS LaRG Il INVESTORS.
Brisk Demand for Loft and Store Trading in Many
44Auring Specuiatiue Centres.

utQfiIe [ enfFcS.
from Mrs T. H. Hartman the dwelling
house No. sSi Fifth avenue. just north of
6sth street. which was formerly owned and
occupied by Heber II. Bishop. That pur-
chase was made through the Cruikshank
company for about sSoo.0Oe These two
transactions therefore represent an invest
ment Of about sl.5oaooo
4 sl.750oo0 INVESTMENT.
Robert T.. DowIing has also figured prom
inently as a large buyer in this section OF
the West Side just south of Cathedral
Parkway. He paid about two weeks ago
Sl.2s0eo for the Evans block. bounded by
Broadway and West End avenue. seth and
Goth streets. Horace S Ely & Co. and
Lewis B. Preston were the brokers in that
transaction.
The block measures about eOl feet both
on Broadway and West End avenue. 225 feet
both on S9th and Goth streets. and has an
/ area Of about twenty-six city lots. Ii is
/ considered to be one OF the most valuable
unimproved parcels held in single owner
ship on the West Side between Columbus
Circle and Cathedral Parkway.
Later Mr.. Dowling bought for $4,000 the
vacant block front in scth street between
was made through L. J. Phillips Co for
MoIitz Walter. The parcel comprises tllir-
teen lots fronting about 100 feet on Broad
way, 325 feet on s6th street and 100 feet ON
West Emo avenue.
About the same time the estate Of Fran
els Crawford sold the building occupied by
the Colonial Bank at the southerly end OF
the block formed by the intersection of
Broadway. 66th street and Columbus ave
nue., through Charles r. DE Casanova &
Co. to L. NJ Fleischmann for ssjaO00. II is
many weeks since deals Cf this magnitude
have been made iL the great West Side.
and 1; is not necessary TO look beyond these
transactions i'm order to learn the present
and probable future demands Of the dis
trict.
OUTLOOK ON THE HEIGHTS.
Notwithstanding the vastness of the Dur
chasing and building operations on Wash
ington Heights in the last five years. the
upbui!ding of that section into a greater
apartment house zone is really I'm the in-
itial stages. What has been done in the
last five years is surely to be eclipsed by
operations there in the next five years. IL
present activity truly reflects future trad
inS. Undoubtedly the Heights has been a
most profitable field for speculative builders
ever since the district WAS brought nearer
10 the City Hall. il were. by the opening
OF the subway. and il is going To continue
10 be just as attractive for speculative en-
torprises for many years 20 come
Sales in this part OF the city were feat
ures Of the realty trading last week one
OF the most important transactions i'm the
district was the sale by the Central Build
ing Improvement and Investment Company
q a lien of
the easterly side of Riverside Drive. look
irregular, l2s feet south of lSlst street.
The site adJoins the property fronting on
the Drive sold by Mr.. Stewart to the same
buyer about two weeks ago
Another important transaction i'm this
district was the sale by Max Marx through
William A Darling to Robertson <
Gammie OF the plot sl6xsSx3395 feet on the
westerly side of Wadsworth avenue 459
feet north of lSoth street. on the site the
buyers VIII erect four hve-story apart
ment houses. each about 100 feet wide
The plot is near the Fort George subway
station. now being built at lS0th street
In part payment for the plot Robertson &
Gammie gave the four five-storv fat
houses with stores at the southwest corner
of Intervale avenue and Jennings street
The houses occupy plot ls5.4xliixl446xllO.
An important transaction in the central
East Side was the purchase by the New
York Post-Graduate Medical School and
Hospital Of the four story dwelling houses
No. 800 TO 3lS East 10Th street. each on a
lot 2-Ns2 feet. and a similar house No 354
Second avenue. on lot 20xsO feet, from
various owners. The 10Th street sites and
the Second avenue lot will form a part of
a plot on which the institution will erect
an annex at cost Of about sl.co.Ooa
IN THE MIDTOWN LOFT CENTRES.
Ia tie midtown loft centres BUYERS were
found for number Of parcels last week
typical deal there was the purchase by
J. Randolph Jacobs through Hell & Stern
"f The premises No. IS to - East 2ist
street three four-story dwellings 75X92 feet
and The abutting property. No. 81 East Goth
street. 25Ns2 feet. The seller of the Dist
street property Was the Countess Margaret
J. Zborowski. great granddaughter OF
Johh jacob Ast"r' who bought the property
about one hundred years ago
Henry NJ Well and Nail < Parker sold
Tor liutchins &. Bishop Frank Carmand
ana William H. Smith, representing ST.
Philips Protestant Episcopal Church. No.
l99 10 lC3 West 25th street 7i7xgSg feet. 4
twolve-story loft building will be erected
on the site
Joseph 4. Day was the auctioncer in two
OF the most successful auction sales held
TINS year For the Stephen Whitney estate
properties he realized sass. 500 and for the !
fatTlck keenan, estate parcels sSs.I75 The |
total sum of the sales Of his special offer \
lnGs was about 10000