New-York tribune., 1910-02-01

The volume OF business transacted yes
terdsy IN the real estate market was
small only few large parcels on Man
haitian Island changing hands.
One Of the principal transactions was the
ssie bv II. r. Baker & Bros. for the Young
Realty and Construction Company TO
client OF the six story elevator apartment
house No. go West 144th street, s7xleo feet
This is the third house of a row of six
recently built in The block by the Young
Realty Company and Construction Company
which has been sold by the same brokerage
house.
Business got f1rrner fooJhold yesterday
In Fifth avenue. between 5oth and a9th
streets Negotiations have been practically
completed by 2 prominent jeweiry concern
to rent the dwelling property owned by
Andrew, C Zabriskie at No 716 Fifth ave-
nue. and No. West 5Sth street, surround
ing the southwest corner. The lease is
for q long term OF years, at net annual
rental of SS0o- Schumann's Sons, now at
Broadway and ed street. are SAID to toe
the prospective lessees-
One block 10 the north is the homo OF
Broadway and ed street, are SAID 10 pe
Harry Payne whitney. and on each slde
,-e the holdings of Charles A Gould ana
The Baudoine estate.
A tract OF ifty-two acres, At BronhNllle'
purchased a few months ago by the New
York Institute for the Blind. has been sold
by the institution TO a syndicate. Whlch
will form q corporation to develop the
property for private residences IL Nard
Leonard, OF Bronxville- viii be president
o.b.- members being L. B. Garrett, Fred
erick A. Hodgman, John Utz henry -
Merritt Frank f. Gates, DR.. John w
w
Smith. Edward A. Morange and Herbert
3. Lent Bronxville residents opposed the
location OF the Institute for the Blind IN
,hst vicinity. The institution has secured
for it's future home the old Ralspeck farTn'
ro,;+ one mile west of the RronEV1lle puT-
chase. IN the Yonkers boundary. tho land
living west OF Central avenue and north
cs the Tuckahoe Road.
The members of the Atlas Development
Company. recently incorporated at Albany
with q capital OF S5e5,0e1 for the purpose
Of taking a long lease of the old Brewster
carriage factory property, at Broao"ay'
eth and 18th streets, are Henry trKIfls'
John Ohueis. of P. n ohmeis d Co. VINO
have been tho New York agents or the
schIjtx Brewing Company for many years.
.n6 Oscar Schmidt, of Milwaukee. who is
connected with the Schlitz company.
Mr.. Schmidt is connected with the new
proiect in an individual capacity
The Atlas Development Company VIII lake
over the lease Of the property already ar
ranged bv Mr. Erlins with the owners, the
sutpben estate The lease is for twenty
cug wears, with privileges Of several re-
nensls. Possession of the property VIII DE
given on September J.
The plans Of the Atlas Development to'h-
nspv provide for the remodelilng OF the
present buildings on the Broadway front
f4tins them for use as a restaurant Ne"
structures will probably be erected al an
,srlv date on the rear part OF the piot' on
9Th and 18th streets, and eventually tne
entire site may be reimprovec-
Plans have been filed for enlarslhs the
two two and four story tenement houses ana
stable at No. $50 East S6th street and MAX
ing them over into a building for light
manufacturing, the change of occupancy
I,esny made from designs by g r Nlnhei-
man for Charles Shortmeler as owner
and for enlarging the ground floor OF the
three story dwelling at No 2l3 west $50
street ard reatting it as restaurant the
improvements being made hy J. J, Frank
lin as architect