New-York tribune., 1910-11-06
BIG INVESTMENT PROPERTY IN DEMAND
100000 Exchange Affecting Broad Street and University
Place Sites Feature of the Market Last Week.
NEW LOFT STRUCTURES IN OIL CHELSEA ATTRACT BUY

lots almost completely bordered the prem
ises when the edifice was first occupied by
tne congregation. Now the church is in
'ilchly built section Of apartment houses
and has decided TO MOVE tn the northeast
corner OF 179th street and Fort washington
avenue Plans for parish and a meeting
mousse and new church are being drawn
oy bahnaster Schen The old site in
lolst street and Broadway. which IS within
three blocks of the 1Slst street station of
the subway, was sold last week to Bing &
Bing for about s25O,OOo.
Big Sales on the Heights.
A sZ'0'cco investment on washington
Heights reported last week was the pur-
chase by Rosenberg & Young from the
Barnard Realty Company, of which Alonzo
b hlght Is president, of the Whitehouse.
six story elevator apartment house at
the northwest corner of 172d street and St.
Nicholas avenue. The structure which
was ready for occupancy last year and
was built from plans by MI Kight, occu-
pies plot OF nearly four lots
Still another deal on Washington Heights
last week was the purchase by Ennis &
Sinnott through E. H. Ludlow Co.,
from the st. Johns Park Realty Company
Games II. Cruikshank) of the five story
triple fathouse. No. 563 West 173d street.
The two adjoining houses were recently
bought by Ennis & Sinnott from Mary P.
Satterlee through the Charles F. Noyes
Company. The total frontage of the three
houses is 1875 feet Besides, an investor
bought last week the five story double fiat
house No. 100 West I49th street
In the investment transaction affecting
Manhattan ar
sS00000 Mrs. Eliza Guggenheimer, widow
Of Randolph Guggenheimer became the
owner of the new twelve story loft build
ing Nos. 232 and 234 West 18th street and
extending through the block to No. 243 to
247 West 17th street, between Seventh and
Eighth avenues. Daniel W. Richman and
Gustavus A. Beyers, who formed the Sew
enteenth Street Realty Company, erected
the building about two years ago from
plans from Samuel Sass at a cost OF
about $35o.oOo.
Leaders in Chelsea District.
Messrs. Richrnan and Beyers were pio-
neers in the business invasion in the last
four years in the Old Chelsea district, of
which the property forms q part, and
time has proved the soundness of their
Judgment in selecting this part of the
city as a broad field for speculative op-
Grafton They are still busy building
in this section Of old Manhattan, their
latest loft project, calling for the improve
ment OF the premises No. 106 10 10 Seventh
avenue, with an al" extending to No. 2cs
West 18th street. In part payment for the
twelve story loft building Nos. 232 and 2S4
West 18th street, Mrs. Guggenheirrer gave
the Howell apartment house, No. 80 to 516
West 124th street II is a seven story ele-
vator structure. with g frontage of about
100 feet, between Amsterdam avenue and
Broadway.
Another West Side apartment house
which changed hands last week was the
F1orham, q seven story structure, No. 25t
West 97th street. The property was sold
by Slawson & Hobbs for Charles Stewart
TO an investor.
The principal midtown transaction was
the leasing OF the Holland, at the southeast
corner OF 30th street and Fifth avenue, &c
the Holland Operating Company, of which
Charles A Wood, OF Boston, is the head
The lease is for term Of ten years, with
renewals, from May I next, and thu tota
rental Will be about 100000. This hote
is 70 be the local chain in q link OF hos
tleries on and near the Atlantic seaboard
under the control of the syndicate headed
by Mr.. Wood.