New-York tribune., 1910-12-22
UPTOWN TRADE INVOLVES S1,7a,OQ0
Jacobs Estate Exchanges About Seve five Lois Fort George
Section for E Dorado Apartments Eacing Ceniral PAX
IN T. UNDERWOOD INVESTS AGAIN IN BARCLAY STREET

| Realty buyers were fairly active yester'
day in a large number Of residential ois
| tricts in Manhattan and The Bronx.
For some days there has been sooo
demand for apartment house properties II
the West Side. In fact investment trans
| actions in the section have exceeded IN
value and Importance similar purchases IN
other zones. AS yet there are no signs
| that large and modern apartment houses
| will soon be less attractive TO the scores OF
| buyers in the market.
| Last Monday the Charlemagne and Ra-
mona, two eight story apartment houses
| in 11lth street, near the Cathedral Of ST.
| John the Divine were sold for about $780,
| G1o day later the Mortified apartments
| two five story structures occupying the
block front on the easterly side OF Am
sterdam avenue between 144th and l45th
streets, were bought by Martin Ungrich.
The Shelbourne a six story elevator apart
ment house, at the northeast corner OF
Audubon avenue and 18th street, was also
marketed about the same time.
This great West Side home centre SO
popular among speculative and investment
circles furnished yesterday a transaction
involving about s1.750,0O0. 1t was the pur-
chase by the Jacobs estate of the Ell Do
rado apartments, two eight story structures
occupying the block front on Central Park
West, between 90th and 9lst streets. from
the Ell Dorado Realty Company. The two
buildings cover plot fronting 200 feet on
Central Park West and 100 feet IN each
street
In exchange the Jacobs estate gave about
seventy-five lots in the Fort George sec
tion, and fronting on both sides OF FAIR
view avenue, at 192d street, and also on
both sides of Wadsworth terrace. NJ l.
Strunsky, White & Pierce and j. Ulanov
were the brokers In the transaction.
Ell Dorado was erected about ten years
ago by John V. SigRell, and was sold by
him in 1905 to the present sellers, the III
Dorado Realty Company of which Ma
thilda ". Brewer is president. The trans
fer was made at a nominal consideration,
the property carrying mortgage OF $780,
600 and being assessed by the city at
s90o,0G9
An important downtown sale was made
by George R. Read s, Co. They sold for
Louis Elleau and August Roche. compos-
Ing the firm Of J. Turges & Co.. to John l.
Underwood, the five story building NO. ~
Barclay street. through to No. "A Park
Place. on q plot 25.2x1596 feet, Columbia,
College leasehold The building is betw cen
Church street and West Broadway.
Mr. Underwood is the president OF the
Underwood Typewriter Company. He
bought last February the northeast corner
of Church and Vesey Streets where he Is
having a high class building erected.
This property and the one purchased are
understood to be Mr.. Underwood's personal
and business investments, and not connect
ed with the typewriter company OF which
he is president
William z. Kohring. president OF the
Kohring Realty Company, enlarged his
West 3Sth street plot by the purchase OF
the four story brick building No. S13. His
plot now has a frontage of 100 feet and
depth OF 9a9 feet He will improve 1t with
a twelve story loft building.
Plans have been filed for two five and
one-half story tenement houses. to be erect
ed on the east side of Haven avenue e7.4
feet south Of 1Slst street, for the Kirby
Construction Company. Of which Charles
Weschler is president. These buildings will
each be Il feet front by 97.11 feet deep, and
will be se1ni-freproof, one having accom-
modations for thirty families and the other
for thirty-one families. They Will cost
se0.G0 each, according to the estimate Of
the architect, B. W. Levitan.
Plans have been filed fer enlarging and
installing offices in place Of lofts in the six
story brick store and loft building at the
northeast corner of Canal and Forsyth
streets by building a side extension z5.2x50.3
feet and a front at a cost Of $4,000
Charles Ward Hall, architect. has fled
for Mrs. Cornelia ". Hall, owner, plans
for installing a passenger elevator in the
four story and basement private dwelling
house No. 559 Fifth avenue, at 6, cost Of $500