New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-05-03

Many large really transactions were re-
ported yesterday. Buyers We're prominent
in the Fifth avenue retail shopping district
in the central Fourth avenue loft zone and
in the uptown residential centres.
A new owner was found for the twelve
story building No. 5O7 Fifth avenue. be
tween 42d and asa streets, which was
owned by the F1eischmann Realty and Cor
struction Company
The structure is on q plot 96x1oSx irregu-
lar. ez5 feet north Of 42d street The site
IS owned by the Ford estate. II was leased
by the F1eischmann company in July, 1907.
for twenty-one years. with privileges OF
four renewals at a graduated net rental
beginning az $4,000 and rising to $4,000
year The building was erected from
plans by Buchanan & Fox at an estimated
cost of 100000.
The ground floor and basement are occu-
pied by the Columbia Bank under a twenty
years lease, at an annual rental of $4,000
TO $4,000.
Adjoining No. 500 Fifth avenue on the
south is eighteen story structure re-
Gently erected by Henry Corn.
A syndicate composed of Max Marx, An
drew J. Connick and several other persons
recently sold the building now nearing COM
rlletion at the northwest corner of z3d
street
Another important deal was the sale by
William Guggenheim of his former home.
No. Riverside Drive. The selling price
was said 10 be $685. The house is one
of the finest in the lower part of the drive.
1t fronts 81 feet. the other dimensions be
ing 97x21.6x95-3 feet.
Mr. Guggenheim took title to il in March,
1908, from Gordon S. p. Kleeberg. The
buyer is said to be Mr.. Hopkins. On the
M Schwah Mr.. Guggenheim lives at No
sS3 Fifth avenue
Abraham and Leo Schwab and Morris
Elunlenthal added to their holdings by the
purchase OF Nos. $50 and 332 Fourth ave
nue., old buildings, plot 50x1O0 feet.
On the site they will build loft structure.
A L. Mordecai & Son purchased yester-
Gay from the Herald Square Holding Com
pany Nos. 235, 227 and 23e West 74th street.
and resold the property 10 the Joseph II.
Davis Building Company, which will i'm
prove the site with an eight story fireproof
apartment house.
Hammond & Hammond negotiated a loan
OF 100000 at 81 per cent for years on
the Columbia Bank Building and adjoining
buildings, at the southeast corner OF Fifth
avenue and 42d street Felix Isman is the
owner OF the property. which covers plot
mortgage. negotiations being carried on
through the Mercantile Trust Company, of
New York.
An 100000 Project.
An apartment house costing approx
s11atelv $500 geo VIII be built by Vincent J.
Slattery on the southeast corner Of River
side Drive and 102d street. which he pur-
chased recently from Davis S. Brown The
pleted. viii cover plot fronting a feet on
Riverside Drive and 131 feet on 1929 street.
The fine private house erected on the plot
only few years ago by the seller viii be
razed in a few days TO make way for the
proposed structure
Plans have been flied for five story
rlick dwelling and store TO be erected at
Tho southwest corner Of Audubon avenue
and l7cth street The building viii be Of
brick with terra Gotta trimmings with a
frontage Of 30 feet on the avenue and 90
feet on the street. q. A. Fisher, Of New
Rochelle. Is the owner and the cost Is esti
mated al $4,000 by the architect. George
7. Pelham.
Plans have also been filed for open air
moving picture show 10 be built at the
southeast corner Of Eighth avenue and
lllth street for the Penn Amusement Com
pany at a cost OF $500.
J. 9 Maurer architect. has fled for
Charles ]. Johnson plans for building an
additional story TO the one story rear eN-
tension 10 the four story store and studio
building at Nc 1913 Broadway, occupied
hy The Song Shop the Offices Of Jerome
H. Remick e Co, the music publishers.
Tie cost of the necessary alterations is es-
timSted at $1,000.
Plans have also been fled for removing
the stoop entrance to the Women's Ex-
change at the northwest corner of Madison
avenue and 43d street and making a base
rI1-nt entrance. at a cost OF 81, 500.
Plans are being prepared by Schwartz &
Gross FOR the TeTno0elling OF the group or
five Eve story old-fashioned hathouses at
the southwest corner of broadway and 18th
street into bachelor apartments and stores
The property IS owned by Mrs Louise I-lN-
fngston. and Is held under a twenty one
year lease by the Broadway and seventy
eighth Street Company. represented by
Calder & Mascot
Delano & Aldrich have been commits
stoned by the Fourth National Bank 70
prepare plans for the remodeling OF the
present buildings, comprising the home OF
+he hank and the former Germania Life In
s1Irance Company building. The buildings
OCCUPY the eastery side Of Nassau street,
between Cedar and Pine streets. and will
ne extensively altered, the original plan OF
structure having been laid aside for the
present
A sfe5,ooo MoNTcLAiR SALE.
4 large tract OF land at Montclair, y. J.,