New-York tribune., 1909-05-02

which twenty story mercantile building will be
constructed by the purchasing company. which was
formed with the special purpose OF taking over
the site. The plot 10 be improved has frontage
Of sos feet on the avenue and $50 feet the street
On the plot are five story buildings, with
stores. 1857 this property was bought from the
City Investing Company by the Fifth Avenue ana
Thirtv-frst Street Company, of which / II. Kramer
is president II is said that the proposed building
and land will represent an investment Of over
g 5eaos0 For the erection Of the building the pur-
chasing company got loan Of sl,S0o0o0 from the
Metropolitan Life insurance Company
& few weeks later market was found for the
C,roissic apartment house. at the northwest corner
Of 2sth street and Fifth avenue It is a six story
structure fronting s44 feet the avenue and
1Z76 feet on the street, with westerly line Of 5S
feet Il was sold By James D Ireland TO Louis NJ
Iones Opposite the apartment house IS the old
Brunswick Hotel site. being the easterly block
front in the avenue between 18th and Z'th streets
on which now stands the Brunswick Building. one
Of the largest Office and store buildings IN the
,.idtovn district At the southwest corner OF 25th
street ana Fifth avenue is the Cafe Martin.
4 buyer vas also found about the same time for
the Kensington eleven story and basement
f5reproof store and loft building. at the northeast
corner Of 18th street and Fifth avenue. occupying
q Mot 90 by 70 feet with an L . by 6l feet Ihe
property was sold by NJ & l. Hess for the Rlch-
man Realty and Construction Company 10 ROBERT
AIintUrn the deal involving &,loJVt- IN part
,,szen+ M AIinturn gave the ten story and Dase-
--a,+ l5rerroof store and loft building, Nos 81
and "a West sIst street on plot "a by Ses Ieel'
fetzreen Fifth avenue and Broadway Thls prop
~ was Quickly resold by the Richman Realty
Company
OTHER LARGE TRANSACTIONS.
a,otber large Fifth avenue transaction reported
within the last two months was the purchase
,l,ro,,pb Henry D. Winans & May of the premises
~, 500 EYftb avenue 25x100 feet forming the SOUTH
1,est corner Of seth street and Fifth avenue py
s=enrv s Redmond. Of Redmond q Co. bankers
on The sire the banking house VIII have an uptown
asoa The Dlans for transforming the building on
-, i,. for sucb use were recently filed. 81. Pat
,-s Cathedral daEonally opposite the premises
one Of the largest deals affecting site just east
~ The avenue made this year was the SAFE py
z4-s1Iiar1 f HayeIneyer Of the premises Nos O.
- ,7set s1s- street and Nos. 6. and 10 East 32d
e,rest forming a plot Of about thirteen thousand
eouare feet and having a frontage OF ABOUT Sixty
six feet IL both streets, 10 the StocAtoh heal'S
C-cv,nanv The property WAS held at Seo0Ooe Price
szsrser is the president Of the holding company.
m the rsrnfses viii be erected fifteen story oftce
snd loft building. This site adjoins the parcel oo&
sn feet Al the northeast corner OF slst street ana
T7ssth avenue to be improved with q, twenty story
of4ice and store building.
valued at over s1.60aoo, William J. Dingee ana the
CITY Investing Company. Of which Robert z. DOW
sr,e IS president recently figured The city Invest
sn~ Company sold Mr.. Dingee Nos 5a ana oSS
--5s,, s,enue two four story dwelling houses on
moi fronting ss feet and with depth Of lOo feet
adjoining the home Of Miss Helen n. Could at the
,,-shesst corner Of z7th street. In exchange the
City Investing Company took from MI Dlngee the
dwelling house. no. SIS Fifth avenue on plot COX
-os eee. which was then referred TO in realty circles
IS The former Isaac Stern house The Stern house
vas rlaeed in the transaction at 100000 and the
two houses near 9Th street at $4,000 The prem
sses Nas 5sl-5ss Fifth avenue sold by Charles
A Gardiner about TWO years ago 10 the City In
zesting Company. The dwelling No. s5S Fifth ave-
we was quickly resold by the buyer to Thomas
Ryan who intends TO occupy ii in the near
sgre Albert 2. Ashforth also sold this year for
{orvA Z, F5eve the premises No 594 Fifth avenue.
or,sbuyest corner 18th street four story building,
x 511OO feet. 70 q client for improvement. The
hofse On the site was time owned and oc-
cursed by the late Charles T. Cook. Mr. Heys