New-York tribune., 1910-04-23

estate market yesterday. X was marked
by many Gales % Manhattan property ana
an unusually heavy business in leases. The
rcuting of several country estates on Long
Island for tho season Was also reported.
Justice Blanchard, OF the Supreme Court
Yesterday granted permission 10 the New
York Athletic Cub 10 execute a mortgage
Ger $4,000 on its clubhouse. ~ Sixth ave
nGe and 6sth street, 20 the Tile Guarantee
and Trust Company.
Tho mortgage is 10 -Ca Tor Eve wears at
a. per cent interest The money is 10 be
app. ie6 10 the payment OF the record mort
cage bonds. which are secured By a mort
SAGE for $4,000 held by the knickerbocker
Trust Company.
Through Hall. Hawkes. & Prentice as at
torneyx. the Morris estate has soiS the
block front on the easterly side Of Clay
svenue, between I67th and 1esth streets. 90
Albert J. Schwarzler. a builder. who has
built many apartment houses IN The Bronx.
The purchaser was represented by W. z. &
". 7. Brown. Incorporated.
Thus passes from the hands ~ the heirs
smother large portion OF the original estate
of Lewis Morris, who was one Of the sign
ers OF the Declaration OF Independence.
This estate at one time embraced al of the
Norr!sania section of The Bronx.
The block just sold is 5aS feet in length
emo is in the immediate vicinity Of the old
Morris homestead. which was removed 10
make place for ;he New York Central
Hsilroad station.
Heilner e Woin and 6. II. Stone have
sold No. y Madison avenue. which sdjoins
1or. PsTlhGrst's church. TO II Slawson and
James @. Gregg. president and secretary.
rany. The property has a frontage OF q
feet Sb inches on Madison avenue and
depth of 100 feet. II has on It At present
FOUR story and basement dwelling house.
Nr. Slawson said yesterday that il was
his present Intention 20 take down this
building and replace II with a modern
ffteen story once or apartment building.
Plans have been filed with the Superin-
tendent OF Buildings for twelve stow
elevator apartment house on tho northeast
corner 81 Eiverside Driv. and goth street
for the IErhwood Really and Constructor
Company. Julius Weinstein president
The new building viii have a frontage Of
i06 feet on Riverside Drive and LII feet in
ssth street. Tho facade viii be OF brick.
limestone and terra Gotta, ornsmented with
balconies at the second. sixth and ninth
floors and Tonic columns from the eleventh
90 tho twelfth floor.
u vii contain apartments for forty nine
fsmilies. Tho cost IS estimated ~ s776.oo0
The architects arc ". J.. Rouse and L. A.
Coldstone.
According IN the plans flied. Tho United
Sank Building Vii be materially altered
and improved. The plans provide for in.
cresslnE the thickness Of the walls, the in
stsllstion % a now elevator service. and
the building % a new vault iu the cast
banking room on the basement floor.
This building is ct Broadway and Wall
street. The First National Bank Of New
: ork c~vns the building. The architects for
the alterations are Peabody & Stearn. ~
Boston. and the cost IS estimated at S100 aa0
John y Goldng has leased No i East
sg'h street. the former home Of J. Sargent
cram. 20 dealer in antiques who viii re-
model It for business. This IS the sixth
buildinE IN the block between Fifth and
Madison avenues hich has been changed
from residential 10 business occupancy
within a ,esr. All of the changes were or
vii he made for antique or hric-A-brac
dealers who have moved from Fourth ave
ruc.
a new mortgage of = million and a quar-
Ter has been placed on the Jamaica Es-
fztes
report was current on Fifth avenue
yesterday that an arrangement had been
made between Felix Isman and McAdoo
elnnel Interests by which the latter would
secure control % such portion Of tie prop
erty 1T the southeast corner Of Fifth ave-
nue. and go street as the company may
noed for station purposes or for the exten-
sion of its subway from Sixth avenue and
S1d street 70 the Grand Central Station.