New-York tribune., 1910-10-30
N0RTHWARD DRIFT Of RETAIL BUSINESS
Laroe Art Centre Being Formed in the Fifth Avenue Shopping
District North of AID Street.
spEclu ALIVE AND INVESTMENT DEALS IN OTHER SECTIONS

seek 90 keep intact the residential charms
If the district for many more years would
Trove to be one Of the most expensive un-
CeriakinCs.
Evidence Of this northWsr5 drift OF brsi-
ness IS the plans to enlarge the art centre
at 56th street and Fifth avenue by replac-
ing the two FIVE story brownstone dwelling
houses. Nos 7l5 and IL Fifth avenue, and
the stable property, Nos. . and East Seth
street. With a six story business building. 10
cost about S390Og0. II will have a frontage
OF about 50 feet on the avenue and SINH
lar frontage IN the street. and will be built
for Woodbury. G. Lsngdon, from plans by
Trowbridge & Livingston, for use as offices,
lofts and warerooms or exhibition rooms
suitable for decorators and art dealers.
II was also learned last week that the
house occupied by Mr.. LangdOn, at the
southeast corner OF 56th street and Fifth
avenue, had been leased for twenty-one
years TO Arthur Tooth & Sons, art dealers.
on that site will be erected a building for
the use of the firm. The lessees of the
Langdon house are now at the northwest
corner of 47th street and Fifth avenue, a
new structure which they erected and soon
afterward sold, in April, 1909, to the Wind
sor Trust Company. The home Of the
Windsor Trust Company is in the north
erly half OF the Windsor Arcade, which is
to be razed in the near future TO make way
for the new store of W. & ]. Sloane
] Besides these big Fifth avenue projects,
plans were filed last week for erecting just
north OF the Brick Church modern home
/ for the cloak and suit firm of Bonwit, Teller
& Co The structure will be an eleven story
brick store and office building, at the south
! east corner of Fifth avenue and Ssth street.
Its facade viii be of stone ashlar, and II
will be entirely fireproof 1t will have a
frontage of a little more than 90 feet on
the avenue and Us feet in the street. II
will cost s650.eeO and viii be from plans by
! Buchman & Fox The site was leased by
Ronwit. Teller & CO. not long ago for a
/ long term Of years
! Midtown Loft Section Attracts.
/ A large volume of business was also
transacted last week in the midtown loft
section both east and west Of the central
! Fifth avenue retail shopping zone. A $500, ,oo0
} zeal was the sale by Tucker, Speyers &
Co. for the Martin Holding Company, OF
the eleven story store and office building,
/ No 60 East Goth street, on a plot 52.5x9Z
/ feet. TO ]. Cleveland Cady. c. Grayson
Martin is the president of the company.
/ The entire property has been leased for one
/ year.
! A transa ction involving about S5000e0 was
the sale 10y the Widbern Realty Company,
: through Mark Rafalsky Co, OF the
! twelve story store and Office building, No
80 TO "a West 18th street, on plot 66X9-
feet The buyer is an investor
The trading n the old Greenwich Village
section resulted in change of ownership
to the premises No. 81 Perry street and a
resale Of the property No. 503 to 507 Hudson
street The Hudson street property was re-
! sold by James H. Cruikshank to the Green
Wich Investing Company, which will erect
on the plot either one seventy-foot or two
thirty-flv freproOf mercantile build
/ ings Horace 5. Ely & Co. were the brokers
/ il the deal. This site is part of the block
/ bounded by Greenwich. Hudson, Chris
togher and 10th streets, which was pur-
! chased by the Hudson Manhattan Rail
road Company some years ago as ter
ninal for its Morton street tunnel. The
company extended its route and abandoned
! the terminal project.
A transaction involviug property "alued
at about $S0000o was the reported -ssSSfe OF
/ The Turrets, a seven story apartment
house at the southeast corner Of S4th street
and Riverside Drive, by Herbert s. Hardt
10 J. H Monheimer, who gave, 1t was
said. in part payment the northwest corner
/ Of Broadway and lS4th street, extending
through TO Bennett avenue, a distance OF
400 feet and north along Broadway about
80 feet, nearly 10 the line Of lS6th street
Groposedl.
The Turrets occupies a plot fronting l12-:
feet on Riverside Drive and 126 feet on S4th
street 1t was designed by Harde & Short
who have since planned Alwyn Court, al