New-York tribune., 1910-11-10

The central Fifth avenue and the lower
Park avenue districts furnished yesterday
the most important real estate transactions
Another big Office building is likely TO be
/ built near the Grand Central Station as a
result OF the purchase by the Seaboard
Realty Company CHenry c. Irons and John
+ Todd Of the Gerard apartment house
/ The Gerard occupies a plot 9s 9xS0 feet at
No. 10l Park avenue. northeast corner of
10th street 1t IS a five story building
erected some years ago. The apartment
together with the adjoining three story
dwelling house no. 103 East 4Oth street
25x9S.9 feet, was owned by Benjamin s
Welles. Justice James s. Gerard and sew
/ eral other persons the dwelling house was
included in the sale.
/ The combined plot 9Sx105 feet, will proba-
/ bly, be improved with a twelve story rner-
camille structure somewhat similar 10 the
Terminal Building. which occupies the
other half of the block front 10 4st street.
and is owned by a company in which MILL
/ ken & Moeller are largely interested. The
property is directly opposite the Murray
! Hill Hotel.
/ He'll q Stern were the brokers in the
deal which according 10 d report, in
/ volved $4,000.
George ;. Cochran was said 10 have sold
/ No. = East 45th street SIX story American
/ basement dwelling house. on lot 25xlOO5
! feet II is in the rear of the Church Of the
/ Heavenly Rest. The new owner has ar
ranged a lease Of the premises. it was fur
/ ther said. for twoGty-one years. to a con-
cern which VIII use the property ior its
business.
It was also learned yesterday that the
/ Greensboro Corporation has purchased
/ from the Leverich estate fifty acres Of land
al Newtown Long Island. adjoining its
large holdings, for immediate development
T. de r. Wissman, VINO negotiated the
| transaction, reports that It involved over
half a million dollars.
The property Is 3 Junction avenue and
Shell Road. Newtown. and has been held
by the Levericb family for about fifteen
wears. The price paid is said to be a record
for this section.
Herbert A Sherman Will offer at abso-
lutte sale to-day at the Real Estate Ex-
change salesroom, Nos Il and is Nesey
street. two large vacant plots at the juno
ton Of Westchester avenue and 156th
street. The Bronx The property will be
sold free and clear The sale is ordered
by Bayard L. Peck as assignee Of the
Whitney q Kitchen interests.
Plans for the foundations Of the twenty
seven story office building to be erected at
the southwest corner Of broadway and
Park Place have been fled by the owner.
the Broadway-P Park Place Company, No.
80 Broadway Of which T. ". Woolworth
, is president.
The cost Of the foundations will be 800
ono, Although the plans for the superstruct-
+ no rol1T1S
show that the building will have twenty
seven stories. will be Of brick and stone.
I its dimensions 10l.Ol4 4x75Ixly7.6lz feet, with
an extension of fifteen stories, 86Xs6 feet.
The height OF the main structure IS given
as 3S4 feet. whilel the extension VIII be
625 feet, il is said.
The foundations. which are 10 be sunk by
caisson to bedrock, will be Of concrete and
brick with the upper part Of brick and
terra Gotta. The front viii be of stone and
terra Gotta. Cass Gilbert. who Is drawing
the plans, will supervise the construction.
All addition Of one story is TO be made
to the two story and basement building
on the west side Of Broadway, COO feet
south OF 4Sd street, 20X20xl00 feet. for the
restaurant Of the Childs Company, owner, +,
No. = East 14th street, from designs by
J c. Westervelt, architect. Of No. So
West 34th street A new boiler is 10 be In
stalled. which. with other improvements,
Will cost $4,000.
improvements are to be made in the ten
story stores and loft building ar Nos. 122
and 124 Fifth avenue, No. West 18TH
street and No. 3 TO West 18th street. which
viii cost $4,000. The improvements viii
include a new passenger elevator near the
Fifth avenue entrance, d stairway from the
second 10 the third fiooT, new vestibule and
show windows for the estate of Z. A
Hoffman. s. Y. Hoffman, trustee, from
design by John 3. Snook's Sons.