New-York tribune., 1910-03-20

The character az tho tra6iag in the real
estate market last week indicated good
demand for various kinds of property
There was fair purchasing nlo,e ,emcni in
tle downtown business district. ia ihe
unper Nest Side. west of central Park
Wes;. in central and northorly districts on
the last side ana Tor Bronx houses and
Nacant plots.
The leading feature of the week VAS the
perfection oi many more plans Tor enlarg-
tng the rev midtown loft zone. This dis
tTici now extends many blucks north Of tl.e
Iennss lVsuia tunnel terminal station. a' sd
street and seventh avenue. and runs south
10 tl'e nor,herlv edge Of the old iith street
roial shopping district.
Arrangemcuis were made last week for
i;pes..Lg u.any millions I'm tie new mid
toNn icf, area ~ replacing old structures
ihcre Rith substantial mercantile buildings.
Csl.ct .any Tor manufacturing and show
room purposes. The attractivenoss 81 tllls
Rcne is becoming grcatcr each week on ac-
coUit - the fact that larse rambers Of bic
lot. s,rac:urst have been quickly marketed
from srecalstors 20 investors. and have
also b,ea well rented before tnsy acre
ready fo- cecupaucy.
Cld New YcrA - app~rcntlv unaware of
those offensive operations. which arc rapid
g adding 20 tho lNcnuos = employment for
ski,io3 Worklaen and working women IN ire
grea;ev city Nothing Iuspctks more force
fuily ilie prosperous conciiion of snaIu-
fuctvslng business than dues this creation
cf great fa,tcry district betNeel, the
leading thcatriczl 1one % the GIester city
RaG the istn strse' sioap.rg territory.
Notwithstanding al ths, has been Ione I'm
tEe last in0 ye1rs 70 NEE: .Ac d-Insnds -
noulaslung bus.bccs houses for more i@od-
eTn quarters in central sections. there are
gct acre aIc Scica cf lznd iu the section
ready fo- mnledista Improvement. Nearly
eresy week sonac oi tho leading experts Il
tho ma-kct express surprise al the a
acnsigcncss u this upbuilding in the Tew
lc.t centres. Thesc sNpoits are s,sc anIazco
az the increasing strength 81 uie purchss-
ins operations. and Noader Wlsen 81 Nin
lc2cl rs CREATES; V.eor.
seldom iu the history - the city has
such important construction work occu-
pied 30 long a tine and seldom sas the
outlook an aa area marked by such a
builcng Invasion heen 80 bright after
millions and milliors had been spent in
the district IN erecting long lines 81 as
fne ana AZ big mercantile structures as
Roie eNsr put up on ole Manhattan Isl
anu =AiAas 1Ata-iilE -ANAA lANetllA Aeitc
fhe work THAI las been done IN tho dis
trict IN recent years Win look small 10 the
work that viii be accomplished there IN
the next Two years In other words. the
upbuilding 81 tho zone is IN the initial
stage. and Tho loft building m 5verlent
threatens 20 encircle the entire leading
theatrical district % the greater city.
Important Purchasing Operations.
Last week the Criterion Constr2c'ion
Company bought from Aaron Coleman
through a. L. Hess. the premises Nos.
as and l2O West 26th street. II recently
purchased Nos ia and ll6, adjoining. and
on the combined parcels. forming a site
with frontage ~ IS feet. il will
erect twelve story and basement mer-
camille building TIE Marmac Construc-
tion Company also bought last week the
premises No. 10 20 l5s West eel street
a. a site for q twelve story loft struct-
nre n purchased the property from I
Randolph Jacobs. Plans for the building
ore being drawn by BroWn e. Almirotv.
ne Fleischmann Brothers Companv bought
several weeks ago no. l26 20 ~ West
22d street on which 20 erect a twelve
story mercantile structure
The trading in this new midtown loft
district also resulted in change Of own
ership 10 the two three story swelling
houses Nos el5 and 2l7 West 25th street.
20 five story building 40. IS West ssth
street. 10 the four story dwelling houses
Nos. as and 50 West @5ih street 10 the
dwelling house No l6l West 2sd street
and 20 the three story dwelling houses
no lsO 10 ia West I'D street The
buyer ~ the premises No IS West eSth
l. -
fourth Sueet CONSTRUCTION Company. OF
which lgnatz Roth is president Mr.. Roth
recently purchased ~ auction from the
Patten estate the adjoining premises. 40
a., and thus controls a plot with a front
aEe - 80 feet auo = depth % IS . feet
several Other deals in this street were
recently reported. one being the purchase
ty Sanford & Green % the premises No
~ Mosf @sih street from the Hoguet estate
Gno - the ac,uiu:ng pared, No. % by the
Metropolitan Lie Insurance Company.
There Nos q marked demand last week
fur proper es Just north of tie EenusNl-
Nsnia tunnel terminal staten. reaertine
tne orRNlug power 81 the zone in investing
c;r-ies. A Transaction % that character
was tie sale by the Marmac Constrar,i ION
company of the iNeiVe story srRue and
bric. ase:canipe Uu.Idiug recently huiit on
tlIo premises No -. 90 sss Nest sgth
htroet 10 Maria : Simpson. This sia uas
bouB.i by the selling company ea-ly last
srsf, and plans Usre flee an July flr ti,s
erection - no s;ructsre now os tie site
a. un estimated c-t y 2--.ea lsefDra the
bHie-ns Nas readr tor p,cG2ancy il .,as
ie-see % ''l'hc rlc;orlal Review"
iucCty opposite tie ,,.en'scs is ire prr-
cei No. --5 O. - Wcst .siu e,~es.. usbfrb
Nss sod % as E9not: 60 Mcrtso.nerr
sstc-t"if Lis- JauHaf: Shat ssud,-at.
H@a plans IA -Nu for lac nn2lov..,nctt ,:
lf sii" N'ti. tWsiN@ story mercantile
f'il'citl', Nf..n ~ss gua.,.t r..,ioa rroYa
R-e p"he tur tWehty-r,e r.a4. 10 i.a
Ainei .asn Pres Association ~ so 3 Parb
iIa,e Immediately adjoining ,h,. e,.,di.
cafe titr laT .s urN Mctirav gyill-n..
NhleA '- oecua.el exclusively br l,,.b,f.,.
eis lnls paT ,f il.c t.fy 4, nog. huosr
a. lhe ncw publishing trade centre.
NORTH of Terminal Station.
other deals in AID near shis s,,.,.,,, d. I'd,
Nf'h were fhe sale 80 the r.s sfort -,,.e-
mehf huu~e. -" so West "a ,tr,sf. ~ q ,
thi"e story ig;id.aF. - W,.t e-tl stree,
of the Two hu.ililss. SOS ~ siid az So,
"rlh avenue. oi tic f>e star} b.ild-ar ~,
~ West Ssth street - ~, tln.. .to,.- md
basement dW'iiiHe lousc. 40 .e, A.ss. sstb
siroet and ~ thc flire' ti.I.r -ar. ,u,lin.,
houses. NJ 80 a. 80 H,-t ssti -sreo Th.
burers 81: nc promiser $50. - N.s.t .-tb