New-York tribune., 1909-10-21
CRITERION ARMS SOLD
INVESTOR PAYS ABOUT $3.50. 900 FOR THIS NEW
APARTMENT HOUSE.
Increase IN Trading Cathedral Heights-NesO Building
Projects Include Dsoeling for Percy r. Pyne

Investors purchased yesterday from build
ers and spectators number Of well locat-
ed properties on Manhattan Island. The
principal investment deal was in the up
town district, now widely known as Cathe-
dral Heights. II has been a most profit
able section this year 70 many builders
and Spectators. The reason for this is
not hard 10 find. Until the opening OF the
subway in l908. the district was Just of the
well worn and familiar track Of builders and
Spectators bound from the lower zones OF
the West Side to the easteTly centres OF
Washington Heights. Naturally. large
areas Of land on Cathedral Heights re-
manned vacant, while more northerly sec
lions with better transit facilities, were
being shaped into first class apartment
house districts.
Now, the road. as it were. OF big builders
ana spectators moving toward the WASH
ington Heights ana Dyckman districts leads
right through the centre of Cathedral
Heights. II was the subway which was the
chief factor in bringing about change in
the course Of this pathway from southerly
70 northerly districts west OF Central Park
West AS they went nOrthward scores Of
well known builders ami investors have
stopped 10 admire the natural charms and
other realty assets Of Cathedral Heights.
Few have been able 10 escape the drawing
power OF these things, and that is why
there is a bigger demand to-day FOR vacant
land and improved sites on Cathedral
Heights than in a long time.
The Criterion Arms. one OF the best buiit
six story apartment houses in this section
Of the city. is now owned by an investor.
]: Is No. 522 10 52S West Nth street. the
size of the plot being Jos. s.4x9l.lo feet 1t
eo1S f.ar1av NV Calder A. NaSSOiI
for the HighwOOd Construction Company TO
DR. A g Stein for about S250.00o.
The details Of several important building
projects were learned yesterday.
The Higgins estate property al the north
east corner OF Broadway and &th street
is soon TO be improved with a modern
structure The property has frontages OF
1871 feet on Broadway and 1917 feet on
gsth street and is al present occupied
By a coal yard. blacksmith shop and
one story store. The tenants in these frame
buildings have been occupying them for
many years under lease which carries a
siNty-day cancellation clause. Two OF these
tenants said yesterday that they expect 10
receive notice 10 Vacate, as the plot is 10
be improved.
The Chemists Club. which has occupied
quarters in the four story building at Nos
years, is going to build home for itself az
No. SO 10 a East zlst street, between Madi-
son and Park avenues. II bought the
site from Morris Loeb. in July last. The
plot measures 81. .SxsS.9 feet and is TO be
improved with a ten story structure, a
large part OF which viii be used for club
purposes. II has not yet been decided
whether the remainder of the building will
De laid out in apartments or Offices The
plans of the new building have been drawn
by York d Sawyer
The Chemists Building Company, with
capital Of S2000o0. has been Incorporated
for the purpose Of carrying out the opera
tion. The dhectors are Norris Loeb. Will
lam H. Nichols, jr. Charles f. Chandler.
Albert Plaut and Leo Il. Baekeland The
shareholders include these five and Mars
ton T. Boeert, Charles Baskerville. Charles
A Doremus, Arthur II. Elliott. Milton J.
Falk. Jacob Hasslacher. William McAlur-
trie, ]. F. Stone, Macmillan Toch and Vir-
gil Coblentz.
McKim, Mead & White, architects. have
fled plans for four story and attic house
10 be erected for Percy r. Pyne at the
northwest corner OF Park avenue and
6Sth street opposite the Normal College.
II is 10 be Of Colonial design, with facades
OF ornamental limestone, with an en-
trance adorned with Ionic pillars, and
having arched windows with small bal
comics OF decorative iron at the second
story and crowned with a mansard and
balustrade.
The main floor viii be fitted with a bill
lard room opening OF the reception room,
and the second floor will have a large
han with the salon and dining room on
one side and the library and den on the
opposite side. The upper floors will be
appOrtioned into living and sleeping rooms
with two dormitores for the boys OF the
household. The main story Will be fin
ished with a series of swell bays al the
front and rear The building Is 20 cost
slO0,V5o.
Plans have also been hled for one story
store building 10 contain seven stores, to
be built as 4 taxpayer on the circle on the
south side OF Cathedral Parkway, 50 feet
west Of Central Park West. II is 10 be
OF iron and glass with a frontage Of 7f
feet and a depth Of S5 feet. from designs
by John Lafarge. architect for n. Fergu-
son as owner. 1t viii cost S4.500.
Plans have also been filed for remodel
ling the two story private garage of Albert
c. Bostwick at No. l69 East 10Th street, the
Improvements made from designs by Harry
c. Zogbaum including the installation OF
q reinforced roof.
Plans have also been fled for making
over the four story dancing academy
owned by the NJ Crossman estate at No.
81 10 50 East 9Th street, into han for
vaudeville and moving picture exhibitions,
the change Of occupancy being made from
designs by ID. Briganti. architect