New-York tribune., 1910-06-19

The e-tra sive-1ess oi~the lower ana aiso
.he central Fifth avenue district 10 DUST
ness houses in need OF more coI1hnooious
quarters and 10 investors has been nldi-
,..as g large number of times this year py
transactions which have resulted IN
change Of ownershipsto parcels in the thor
oughfare-
Since January buying in these secooi s
of the avenue has been one or the teatui es
of the real estate market. Last Week 30
deals ,n the central district were report ed,
the sum involved being nearly sS,e0' eF'.
One was a straight investment transac hon
and the other OF speculative cha-act sF-
Mrs. Mary B. Brandegee. OF Utica, y. Y.
who is one of the largest owners of Nan-
haitian properties. got control OF one CT the
s,ee+ iy,vextrlent parcels in that pc art OF
fs,e avenue which is apparently Gesti ned TO
furnish many important investment and
speculative movements in the ne2n nve
wears. She bought the Park d g1iforo
buildings. Nos. 1sa and 7s5 Fifth avenue
with an L to Nos. and 9 East 59th street.
from, Roehfn & Coon, through AolSace ..
Ely & Co and Taylor Brothers. Tfseprop-
erfv comprises two seven story str nctnres,
one occupying a plot 50xI25 feet on Fifth
avenue and the other plot 5oNloo'deet In
59th street
Brandesee gave the FIVE and three story
buildings No 81 to 81 Thames streeI and the
i've story building Nos. 214 and 2ls Church
street According TO report. the Fifth
avenue pancel figured in the TRANSACTION at
more than 81 ooo.oe0 and theSThoTnass street
buildings az about S500.0Oo.
The other big deal in this section of-the
avenue last1Heeh was the sale OF the plot
so5xl2S feet at the southeast corner Of
Fifth avenue and SD street, diagonally op-
7,osite the vanderbilt mansions. by sy1ldi-
cate from Edward Holbropk. through Al
bert 3. Ashforth. The company which viii
take title TO the property was organized by
Mr. Ashforth and, Parish, Fisher & Co On
the site will be erected a twelve story
spartpent house. with stones 1t VIII oe
-eadv for occupancy on Sc ptember l, 1911
If v,iIl represent q larger investment, 1t Is
said. thar any other similar building in this
CITY With the launching od this project
business gets a firner foothrad in this sec
ton of the avenue, which for many years
withstood the efforts to oblrserate It's resi-
Dental charms
A transaction which was reported some
month ago. and which involved about sceo.-
ee0 was the sale by Mooyer & Mar5ton' Tor
the z. g. Potter Company. ofithe six story
r-ovnstone remodelIed business building at
the southeast corner CT 4ist street ana
Fifth avenue. Adjoining the premises is
the r1ptovrrl home OF the Farmers Loan and
Trust Company
About the same time Henry ~Corn aided
10 his realty holdings by the purchase from
the HURT estate of the two four story
buildings Nos "A and 76 Fifth avenue to-
sether with No. 1 West 18th street. four
story dwelling house. The parcels form a
plot With an area of about 1850 square
feet On II Mr.. Corn will put up a twelve
story store and loft building. Adjoining the
prer1ises is 4 ten story building owned by
the Blooning gdale estate.
= Fifth avenue lease. representing a total
rental Of about 100000, was recently ne
sotieted by NJ. & l. Hess They leased for
Andrew c. Zabriskie to the jewelry firm of
Schumann's Sons the premises No. Tl6 Fifth
avenue together with Nc. . West 56th
street. forming an L around the southwest
corner of 5Sth street and Fifth avenue.
The five story building on the Fifth avenue
frontage of the plot will be replaced by a
building for the exclusive use of the lessees.
The store and basement of the 56th street
house are TO be connected with the Fifth
avenue structure. and its upper floors will
he -1se5 for, living ro1TrrsoSes,