New-York tribune., 1910-07-15
S5OOO0OO REALTY DEAL ON FIFTH AVENUE
Eleven Story Loft Building TO Be Erected Holdings of Mrs.
Anderson, Leased for Tv. -nty-one Years.
NEW APARTMENT HOUSE FOR MoRNINGsIDE D

| A real estate transaction was completed
yesterday that will represent an outlay of
| between S4.00o0o0 and s5,000.o00 Percy H.
| Brundage, acting for Mrs. A. A Anderson,
| leased for the latter, through Frank d.
| WELLER. to Bonwit, Teller & Co, cloak
and suit concern. a section of her large
| holdings at the southeast corner of Fifth
| avenue and 3Sth street, on which VIII be
erected an eleven story store and loft build
| ing.
An architect has not yet been selected to
/ draw plans for the structure, but the cost
| Is estimated at SS08,000. A lease for twenty
one years has been taken by Bonwit, Teller
| & Co. at an aggregate rental OF between
| ss. 600 and 100000. The transaction con-
tains a renewal clause.
The property affected by the deal Is NOS.
II 419 and AL Fifth avenue and Nos. :,
and East SStl street No 4l9 Filth avenue
was formerly the Robbins home, Whlch was
purchased a sew days ago by Mrs. Ahdet-
son. This purchase completed a plot 'front.'
ing sS.5 feet on Fifth avenue and 115 feeI
on West 3sth street. extending to and in
cIudine Mrs. Andersou's home. No 40
Fifth avenue is owned by Mrs. Anderson
-,-ltob Is under lease 10 William Schaus, an
art dealer. and. unless something unfore-
in I,v two large structures Mrs Anderson
bo,,qb+ No. 417 about eight years ago anu
No 4Sl about two years ago
IT, tho northeast corner of Fifth avenue
.nd 9th street Renwick. Aspinwah * TUCK
or have already had plans drawn Ior q
eourteen story business building, Wilch VIII
he started in the fall for the heirs OF Md y
lewis who own the plot, which Is 'A'lAl-O
feet. -,, rJ.,,,- -
Albert sold yesterday for Joseph HAM
e-sblar the southwest corner OF MOTIF
inpside Park West and 12lst street Oh d
r1o+ 1a1 feet on the avenue by Isl rect III
tha street. for an eight story hreprooI hlsh
class spartment houses to cost StS5bt Joliii
RakAr. architect has prepared plans for
+t,e building. It calls for ffty-seven rooms
to a floor.
The same broker procured loan Tor tIIS
cornnany on the proposed bulldins- 1he
stevenson Construction Company has re-
Gently purchased a 18th street plot through
:. Albert for a nine story freprooI oulio-
ing. It will be ready for rental by Octoper-
Lady Alldin, of London, who was MISS
Harland, of this city, sold through a. e.
Phillips & Co. a plot OF twenty lots d.
Depot Lane and West nth street "hele
+be curve of the street south and west 10
Riverside
the Horseshoe. The plot has soutneriE
frontage of 1857 feet, the easterly and
vesterIv frontages being 1913 feet and MS
feet. The property adjoins the former hold
ings of the Fort Washington and Buena
vista Syndicate The buyer is an out-of-
town investor.
Sarah Hery has sold TO James H Cruik-
shank No. e25 Greenwich street, three
story dwelling house, on plot z0-41o7- lux
irregular. The Greenwich Investing Com
pany, Of which Hyman Kantor is president
is the buyer.
A demolition permit was issued yesleLo@!
for tearing down six five story buildings
SITUATED at No. 12S to 1g7 East 31st street
and No. 139 to 143 Madison avenue, to make
way for the S25oea0 twelve story store and
| loft building of the Labarem Realty Hold
ing Company. which Is to be erected on
/ the site.