New-York tribune., 1909-10-03


lsrged. That there is urgent need for many
more modern business structures north Of Great
Jones street and south OF 59th street is forcefuly
reflected in the OF investors 10 take over
The finished product OF the speculative builders OF
loft structures this part OF the city. All OF the
principal brokerage houses which make speciality
OF leasing Office. store and loft space TO wholesale
and retail business concerns also show in the re-
ports they have made regarding recent leases
negotiated by them that they are experiencing no
difficulty at all in finding lessees for new mercanue
premises
Since January a large number of proposed struct-
ures 10 he erected on midtown sites have been
leased from the plans. and many OF the new
structures have changed hands from speeuiauVe
builder 20 investor before they were ready loL
occupancy. At the present rate OF loit Ouiiuls
in the midtown districts IL will not De long oeAoie
.ber. are few old-fashioned dwelling houses IN the
zone bounded by l4th and Sath streets Fourth Aho
Sixth avenues. 49,,
S.1es ~ loft structures we're among the leading
features Of the real estate market last Week. Oi0
- the r-iociual deals OF that character was the
purchase by Gordon Cunard Of England ot tne
new eleven story store and loft ouilolns No 10
IVES, 10Th street from Friedman Bros. Tor ABOUT
ss5eoo That structure occupies plot oO Dy .
toot dioining tie building Of the Methodist booA
Concern In part payment for the pT0PeIS M. ~
,,,,nard gave to Friedman Brothers the Two hout
story buildings plot l22s by "a feel d. ~ sne
southwest corner or Cecaf anu HeN-i So
site was held $4,000.
Another transaction which also reneeIeo inc q.
trsctiveness OF loft buildings in centfa4 iOcae.o ~
"a investors was reported by n. K l. Hess IneS
ol6 for Mrs Annie T. L. Atterbury ano N's
1,5i,b l. Bailey Nos Is and i West 2oth street '"
,he Realty Holding Company Inc pa'ce' nc I" s,
frontage OF - feet and a depth OF ss-s Aee'- Va "a -
site is 10 be erected sixteen story STORE iO-t ~
,a7ce building. The work Of putting up the ~ ~Ouit1
nc will be begun on May l. when the present
leases affecting the premises expire
NEw BUSINESS BUILDING PROJECTS
,atr,,, accurate idea of the extent Of the de-
n,and for midtown loft and offce structures a nAs
Ia ba5 from the plans perfected for lihp'O'i"s
80 ,bare with such structures since june aiAo
also from sales Of business properties rnaoe Al -"
sections in the last four months. -.
on the prenaises No 81 to 2Ss West l'th street =
,s,,,e story brick and stone mercantile ouliuiHs Is
- y. a-scted t,v Michael Bonn, from plans oy
samuel sass at cost of $4,000 II VIII be IKE
feo+ Plans for the structure We're n'eu s
months ago lion 20
plans have also been drawn FOR the erecuoh Q. 80 =
,,e sto-,- loft building 40. lS6 10 l49 west sun
,reet It viii be built by the TWenty-nil'h ~ Suee0
Realty Company and will occupy a plo' M M -
,eoxl5sf feet Plans were also recehu! IeO AZ
,.ye story brick and stone loft building 10 cOss
o s,6 20 occupy the premises No . 10 y west
7st street 1t will be built by the s. r. -.u1ilS
,oa,,,- Comnany from plans by Thomas Rowe.
architect II will have frontage OF Ooa 1e 49,
2 depth OF about 80 feet Mlllam - +Nua'' "a
80 leland is the president Of the company
,weive story loft building is TO be put up oy
the Brevoort Construction Company OF "HIC.- ~
ward Friedman is president on the pieilIiSe
.nd West 18th street. from plans by ScH"sl'I o.
,.ross The Bre-oort company ooughI d Io"
months ago the parcel No. West 18th street. the
two sites forming plot 62xs2 feet. Inc propoS1u 81
structure is expected TO be reaoS iof 0'uP0"o' "
The early part OF next year.
AURORA CoMPANY's PLANS.
-. ,,,tcb will represent a $4,000 invest
-, ,.5u no the erection OF twelve story orlcA
and stone store and loft building on the premises premises
1os 115 and IL West 9th street The structure VIA
la,e frontage Of 30 feet and depth OF ~ II VIII
-. -, b,, she Aurora Investing Company, from
,lans ny George Fred Pelham. ". B. Logan Is the
president the company. Twice that sum Is 70 ue
snent l,y the Tilden Investing Company ia feplaC-
ing the old buildings at No 100 to IL west - aOeH In
,-ee, with q twelve story brick and stone once
and loft building 1t will be erected from plans oy
rbe Holland Holding Company recently sold to
charles Brogan a plot SO by % at the northwest
.orner Of 9oth street and Fourth avenue. MI. Bro
gan will improve the premises with mercah'ns
structure Of twelve to sixteen stories III
teipb, Another twelve story store and loft build
ing is TO he built by Minnie A Blanchard on the
pren,ises Nos s and East Both street. Old dwelling
houses occupy the site, which has frontage OF 70
feet and a depth Of $50. The property was recent
~ bought from James Miller and the Foot estate.
Plans were also recently filed for $4,000 loft and
store building 10 occupy the plot at the southeast
corner OF 9Th street and broadway IL VIII De
Twelve stories high and occupy site 4ozXZIo' Ieet'
n will be built by the e94 Broadway Company OF
which Joseph La Gerety is president from P'oiS "
Clinton Russell
six story brick and loft building costing
ssoono is 10 be put up at No. $40 to Ola West Zth
.,reA, n, Sophia B. Silieck from plans by w W
rearce The size Of the plot 20 be improved IS
-5v0o feet On the premises No. lI 10 lfI west
45th street 4 $4,000 twelve story brick and stone
loft building is 10 be erected by John f Olson
The plans have been drawn for the proposed suu0'
ure by James Rely Gordon.
On the southerIy side Of 23d STREET lsS feet east
Of Third avenue a $4,000 eight story and base
mont hick and stone loft building is 10 be put up
nv OTTO Strack. He is the owner Of the premises
The plans for the proposed structure have been
drawn by him The size Of the plot 10 be lhl-
,-ovcd is 22xso feet. Mr. strack has also planned
20 erect another eight story and basement brick
ana stone loft building. fronting in the same thor
n.etfsre II will occupy plot 5oXloo feet on the
souther side Of go street. 2s5 feet east OF Third
avenue.
op ,be Dren7ises No East 45d street
scRen stor, brick and loft building, 56.eN9o
feet, as going TO be put up by the Pittsburg Con-
structi,n Company, from plans q! belano q
Aldrich II is cost sl0oee.
A $1,000 investment calls for the erection Of a
t.oIvo Glory brick and stone store and loft build
iar on the premises No % 10 2-6 West S9th street
\, viii tr u.Ht by the Ma:Dac Construction Com
many Of Daich Hubert 3. Mcclellan is the pres
dent from plans by Frederick c. Browne.
4 $1,000 twelve story brick and stone loft build
irg Il To- occupy the premises Nos 81 and SO East
slst street II al have frontage Of about A feet
and d depth - aoout ss feet. fl will he built b.
Ihouss Williams from plans by James Iaey.Gor-
5ou
Pans vale also recently ed for 4 nineteen story
brick and stone loft building To occupy tho prem
iAes no o5s Fourth avenue. Tie size 81 the parcel
T. qSsAi5 feet a viii bo built for Joseph Milbanh
from plans by George B. Post & Sons the site
~fsh rt7i,1 f,,.t ha-