New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-05-29

Many large properties in the great West
Side north Of 5sth street and south of the
old Manhattanville district have changed
hands recently. Most Of the improved
parcels sold were taken over by investors,
and the vacant sites by speculative build
ers for immediate Improvement with sub
stantial buildings
The realty strength of this district is one
of the bright features of the present season
1t was thought not long ago that the draw
ing power of the new residential zones IN
the northeriy areas and the drift or hum
dreds of buyers 20 the suburban territories
would result in a big decrease in construc-
ton work and also lessening Of the vlgor
OF the purchasing operations in the district
notwithstanding the vast sums of money
already spent this year in enlargtng the
apartment house centres Of Washington
Heights and in many other new home zones
of the greater city and the volume Of the
suburban sales, neither the building actfv-
;ties nor the purchasing operations in the
great West Side have been overshadowed in
the trading this year.
The West Side is much more ailurins
than it was a year ago II is considerably
bigger, too, from q real estate point of
view. Scores Of houses have recently. been
built and have been quickly tenanted soon
after they were ready for occupancy
Handsome profits have also been made by
some well known operators from quick re-
sales of properties in the district, and the
market for both improved and unimproved
parcels has been much more than good
The great West Side is truly not only one
of the most enhancing residential zones
of the greater city. being bordered on the
west by beautiful Riverside Drive and on
the east by Central Park West, one of the
widest thoroughfares Of the city
There is no better proof as TO what the
leading real estate experts think of present
and probably future conditions in this zone
than by their frequent references to its
many natural and artificial charms, to its
continuous increases in values and TO its at
tractiveness to the largest investors in
realty in this country.
Within recent years the largest apart
rnent houses ever put UP have been erected
within its borders. and according TO men
who have been identified with the growth
of the section for a long period Of years
these building feats will be surpassed in
the near future.
Of course apartment house building
forms the larger part of the construction
work in this section Of the city Neyerthe-
less, many other kinds of buildings are
being put up. Last week the Herald Square
Holding Company, which recently bought
the two four story dwelling houses Nos.
142 ana l44 West list street, announced that
It would erect on the site. which has a
frontage Of 20 feet and a depth Of 1922 feet,
an eight story structure, to be devoted ex-
clusively to the use Of physicians and dent
lists The building win be erected from
plans by Schwartz & Gross. The new
structure will be separated from the Church
Of the Blessed Sacrament, at the corner Of
Broadway, by 20-foot dwelling house.
Large Broadway House Planned.
At the southwest corner of 18th street
and Broadway q twelve story apartment
house is TO be built by the Yorkshire Realty
and Construction Company It will cost
about s25Oeeo and will be built from plans
by Neville & Bagge. The same company
also recently filed plans for similar
twelve story house. TO occupy plot at the
northwest corner of SD street and Broad
way, and to cost $4,000. II will also be
erected from plans by Neville & Bagge
A S, 10000 project. which was recently
perfected. calls for the erection of a twelve
story brick and stone apartment house at
the northeast corner of SSth street and
Broadway. II viii be erected by T. j. Nc
1aughlin's Sons from plans by George &
Edward Blum This apartment house will
occupy a plot 7e011x145xI36 feet.
Two eight story brick apartment houses,
TO cost 100000, for which plans were re-
Gently fled, viii be put up on the premises
NO. 81 to az West 112th street. They viii
be erected by the Kaw Realty Company
from plans by Lawlor & Haase.
A twelve story brick and stone apart
nent house, 10 cost s775ooo, will occupy
the northeast corner OF 99th street anG
Riverside Drive. 1t will have a frontage
OF 1G5 feet on the Drive and little more