New-York tribune., 1909-12-28
PLAN BIG FACTORY
STRUCTURE WILL ADJOIN GROUNDS OF
NEW YORK CATHOLIC PROTECTORY.
Trading in Dyckman Distict-The Meriden britannia
Company Leases Store

The volume of business transacted yes
terday in the real estate market was small.
Many leading investors and spectators left
she city last week TO spend the holiday
season in the country, and until their re-
turn the daily number of important trans
actions will be considerably less than in
the last few weeks
One of the principal deals reported yes
terday was the sale of a plot of about
thirty-four lots with frontages in Purdy
and Odell streets and st. Raymond and
Castle Hin avenues 10 a company repre-
sented by II. ]. Fink The company win
erect on the site a textile factory which
will employ about eight hundred persons.
The parcel adjoins the grounds of the New
York Catholic Protectory. l.. w. Hefter
and NJ. n. Henning were the brokers in the
transaction.
Daniel B. Freedman added TO his Dyck-
man holdings by purchasing through Hall
J. How & Co. from the Twelfth Ward
Pank plot of more than four lots at the
southeast corner of Hawthorne street and
Broadway.
market was also found yesterday for
q five story double 1athouse in West 10lst
street. for a similar house in West 65th
street and for several East Side properties.
The Meriden Britannia Company, silver
smiths, constituent company of the Inter
national Silver Company. now at the
northwest corner of Fifth avenue and 26th
street has obtained from r. H. Martin
a long lease of the store, 50x2O0. in the
Marbridge Building. Nos. 49 and 81 West
S4th street extending through the block to
s5th street
This company is one Of the largest manu-
facturers of sterling and plated ware in
the world Z al has facforv exclusively
for the manufacture OF the finest cut glass.
This firm was the first of the large silver
smiths to move 10 Fifth avenue In the
SOS ii was al No. 199 Broadway, in the 70s
at No $50 Broadway, then the centre of
the fine retail district, subsequently at
Union Square and 18th street moving TO
Madison Square and Fifth avenue in 1894.
The removal of this firm to Gath street will
have a very important bearing on this
block between Fifth and Sixth avenues.
which is destined to be one of the finest
crosstown shopping streets in the greater
city.
The lease was negotiated between the
company and Mr.. Martin by Clark T
Chambers.
The Chaplin Home for the Aged and In
firm. following the example Of similar or
SanizatiOns that have been forced TO move
the land they occupy has come to be too
valuable for tenancy by charitable insti-
buttons, has decided to dispose of its site
IN the block bounded by Third and Iexing-
ton avenues, 66th and 9th streets The
proceeds of the sale will be used to defray
the cost Of substantial tract Of land out
side Manhattan and the expense of erect
Ing more commodious quarters.
At present the Chaplin Home occupies a
plot l70x2o0 feet that runs through from
o6lh street 10 9th street, short distance
east OF Third avenue The land is owned
\ by the city, and is leased 10 the institu-
ton FOR long term at a nominal charge
Of 81 year. Application was made to the
sinking Fund Commission a month or more
ago Tor the transfer of the land TO the
Ehapin Home and for the consent of the
city TO the proposed sale and removal
MS application was granted last week
ne nome viii be required TO pay the Sink
ing FGnd Commission 5000 for a deed 10 the
Goth street plot said TO be valued at about
s29oeo The trustees of the home are con-
sidering the purchase Of a new site near
Jamaica
Robert + Almirall. architect. has filed
Tor r. ". Hebberd. Commissioner of Pub
Lc Charities, plans for three story patho-
logical building, 10 be erected on Black
Wells Island, al q cost of $4,000
Plans have also been filed for two story
theatre, TO be erected at No loo to 15s
west 4sth street, for the 4sth Street The
atre Company, OF which / A Morris is
president The theatre viii have a seating
capacity Of 1872. 1t will cost $4,000 w. AL
bert Swasey is the architect.
Plans have also been filed for converting
'he three story brick dwelling house No.
4So Last 5ath street into bachelor apart
ments for Charles Hibson, as lessee T
Rowe, the architect, estimates the cost of
the change at $1,000