New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-03-13
MANY DOWNTOWN SALES|
TRADING IN THE DISTRICT 4 FEATURE OF
MARKET List WEEK
Ac1g IN the Central Whole sale and Retail Zones-Buyers
Found for Large Bronr Pare els

feet The Continental apartment house
was sold by John II Berry for the +. NJ.
Is Realty Company to an investor plor
125N los. feet. at Riverside Drive ana
loSth street, also changed hands. 1t was
sold by Daniel II. Renton e. Son for Ma>
hlda Edelston II is said that the buyer
will erect large apartment house on the
entire plot.
The purchasing operations In the loft
centre north OF 23d street and west Of
Sixth avenue were not as numerous as in
the previous week. One of the most jm>
portant transactions in this fine specula-
tive zone was the sale by Arnold Byrne &
Baumann for Reckling & Vallender TO tn.
John 7. Brook Construction Company OF
the premises Nos. 223 and 225 West 3Sth
street. old buildings on a plot 4t.2x9S.s
feet The buyer will rae the old struct-
ures and erect on the site twelve story
building suitable for publishers Alfred
NJ Rau added to his holdings in the new
loft centre by the purchase of the four
story tenement house No. 1853 West 18Th
street. and the adjoining building. No 1915
West 18th street. The trading also re-
suited in a change of ownership to the
three three story buildings. No. 113 TO
III West 18th street. There was also
considerable activity last week in the dis
tricts bordering this loft centre One of
the transactions was the sale by Herman
Wronkow to the Schuyler Land Company
of No West 14th street five story loft
building The property was given in par,
payment for the Schuyler apartment,
house. No. 90 West 45th street Another
deal was the sale by William NJ BENJAMIN
for Charles Lanier as executor of the four
story lwelling house No. Is West 9th
streeI md also the sale by Parish Fisher
& Co. for Johanna G. NJ GibeIhause Of
the premises No. 219 West 4Sth street. a
three story and basement dwelling house
on a lot 20x9S.9 feet
Cooperative Houses Popular.
The cooperative apartment house is ap-
parently growing more popular each week
and as a result the district just north of
18Th street. with Park avenue as its princi-
pal thoroughfare, is becoming more allur-
ing TO builders OF such structures This
zone is now the largest cooperative apart
ment area of the greater city, and seems
destined to be twice as large in the near
future as it is to-day. Some idea of the big
advance in values in this section was re-
vealed last week by sale in which Bryan
l.. Kennedy was the broker. He sold for
Miss Esther McMurray to Clifton G. Mar
shall a plot 20XlO0.5 feet at the southeast
corner of 60th street and Park avenue. On
the site are a four story dwelling house and
a one story brick store. Miss McMurray
bought this site in 1892 The price she OBJ
tanned for the property last week shows an
advance of almost 300 per cent over the
original price Mr.. Marshall also bought
the two adjoining houses, Nos 102 and IO4
East Goth street. and on the combined par
GELS. which form plot 60xlvo.5 feet. he will
erect a fourteen story cooperative apart
ment house.
There was a fair demand in this section
last week for dwelling houses TO be occu-
pied as permanent homes
Central Fifth Avenue Sales
In the central Fifth avenue district a
. change of ownership to the former home
of the Lotos Club took place The premises
are Nos. $50 and 558 Fifth avenue with A
frontage of 90 and depth of 100 feet The
/ property was sold by NeWbold T. Law
renee for the Alliance Realty COMPANY
! Iieilner & Wolf. and Daniel r. Freedman. TO
NJ. Knoedler & Co., art dealers, for little
less than 100000. For many years Knoed-
Ter 60 have been a. the northeast
corner Of saith street and Fifth avenue
Their lease 10 that site will expire in the
near future, and their plans for a new
! home provide for the changing of the old
Lotos Clup property into a beautiful art
gallery.
There was a good demand last week for