New-York tribune., 1909-11-09
ASTOR ESTATE SELLS
SITE TO BE IMPROVED WITH APARTMENT
HOUSE-FRONTS IN 1MSTERDAM AYE.
s45ooo0 Deal Pennsylvania Tunnel Zone-Lorer Mad
isor 1venuc Plot Changes Hands.

Buyers were prominent in many Man
haitian districts yesteTday. the properties
which changed hands being valued at
rnsay hundred thousand dollars. In tho
Gpper West Side there were two large
sales. n the central Fifth avenue district.
ssie Involving $4,000 ia lower Madison
avenue, a transaction representing an in
vest-neEt 90 about s2s5.ceo and IN sea street
between Sixth and Seventh avenues a large
plot. which was held AT $4,000. was bought
~ the Alliance Realty Company. OF which
William n. Chesebrough is president.
Thar deal indicated. according 20 some
experts. the early Transformation OF the
block into high-class retail shopping dis
irict Its westerly end is opposite the
Pennsylvania tunnel terminal station. ard
81 It's easterly end is the street frontage Ot
fh. bis drygoods store being built for CHM
hsl BROTHERS. City officials have been con-
sidering plans for widening this part OF
sed street, so as to afford a wide thorough
fare for vehicular traffic between Broad
way and the Pennsylvania Station.
one Of the principal deals on the West
side was the purchase by Irving Judis, OF
the Irving Judis Realty and Construction
Company, nom the trustees OF the Astor
estate OF a plot, looxloo.li feet. al the north
west corner OF 1oSth street and Amsterdam
svenDe. Mr. Judis will erect 3 hlgh-class
apartment house on the site. lie recently
bought from the same estate and resold 10
builder tor Improvement a plot. 1oOxloO IL
feet. al the southwest corner OF I0sth street
ana Amsterdam avenue.
The Fnsth avenue transaction. involving
s7soe'o. was the purchase by a syndicate
composed % the Alliance Realty Company,
si.ilner & Wolf and Daniel r. Freedman
90 the old home OF the Lotos Club. on the
west side OF Fifth avenue. go feet south OF
ine Is FIVE stories high.
In speaking about the purchase. a men,
ter of the syndicate said:
The Lotos Club property is one OF the
hes; known parcels on Fifth avenue 1t is
sIrnost diagonally opposite the Windsor Ar
csde. the north half OF which has Just been
leased BY W. & J. Sloane for the purposes
of their own business 1t is known that the
eoutherly half Of the Windsor Arcade is
being sought by a number Of important re-
tan firms. and Il Is apparent that the re-
movsl of Sloane and other firms Of this
character 90 Fifth avenue will result in
sreatly increased activity and further en-
hsnoement Of values on the section OF
FIFTH avenue above z2d street
The brokers in the transaction were
o'Connor, Lawrence & Gilman. and Lewis
u. Preston.
Edward y. Crosby e. Co. sold FOR the
Minerva Realty Company Nos. SIS and SEQ
Greenwich street. three story brick build
fngs. son plot s2sxs2 feet. 10 a builder. who
will Improve the site with a six story
store and loft building.
Plans have been filed for an eight story
elevator apartment house 20 b. built for
the ID. A. Cushman Realty Company, OF
which George +. Wilcox Is president, AT
the southwest ccrner Of Eighth avenue and
18th street. opposite the old car barns, now
the quarters OF the Electrical Vehicle
Transportation Company. The building is
30 he of the modern Renaissance pattern.
from designs by Schwartz Gross, OF
brick with terra Gotta Ornamentstion, haN-
sns frontage Of 10 feet and a depth Of
ls5i0 feet. IA Is To contain suites for igs
families and WIN cost $4,000.
lians have also been filed for remodelling
the three story loft building az No. 20 TO
81 west l3sth street and reftting il as
moving picture theatre. the change OF oc-
cupancy being made for 5. A. Cunningham
from designs by Macmillan Zipkes at
cost Of S00.