New-York tribune., 1910-01-25
AN SS25,0O0 LOAN
MONEY TO BE USED IN ERECTING BIG
BROADW4Y 4PARTlENT HOUSE,
Large Plot in the Dyclcnnan District Changes Hands
Title to the Flatron Building Transferred

The volume of business transacted yes
terday on Manhattan Island and The Bronx
was small. A market was found for a five
story f1athouse in West Goth street, for a
garage In upper Madison avenue for a row
of dwelling houses in the Pennsylvania tun-
mel terminal zone, and for a number of
plots in the northerly sections.
The trading reflected a big decrease in
the number of sales in the Dyckman tract
Many realty experts said that the lull there
would not last long. and predicted that
many big builders would soon be identified
with the district.
Many big apartment house projects have
recently been launched for sites in the
West Side north of 59th street. On a plot
I75.11x100 feet, at the northwest corner of
Broadway and 18th street, a twelve story
apartment house is to be erected. 1t will
he constructed by the Broadway and 18th
Street Company. and will be ready for oc-
cupancy November j next. To carry out
the project. the company has obtained a
building loan of sS25, ,OOO from the Metro
politsn Life Insurance Company The loan
IS at the rate of 6 per cent until the build
ing is completed, then at the rate of 5la
per cent until April !, 1915, and for the next
five years at the rate of per cent.
The Madison Avenue Presbyterian Church
bought from c. X. G. Billings No. 921
Madison avenue. a four story garage, on lot
272x100 feet, adjoining the church struct-
ure at the northeast corner of 73d street.
The present plan is TO convert the building
into parish house. 10 be used in connec-
tion with the Sunday school work. An
anonymous donor provided the money, and
the church will raise fund TO make the
alterations.
Ignatius Roth bought yesterday Glen
Island in Long Island Sound. the ferry
plying between the island and New Ro-
chelle and a plot in the township Of Pei
ham. near the property of the New York
Yacht Club. complete report of the
transaction will be found in another col
umn.
Title to the Flatiron Building. al sd
street and broadway was transferred yes
terday by the Island Realty Company to
the United States Realty and Construction
Company. The Island Realty Company is
subsidiary concern of the United States
Realty Company.
James B. Haggin took title to Nos 80
and 3l2 West 14lst street, 332X99.u feet,
fIom Archibald A. Gulick The expressed
consideration was nominal.
Plans have been filed for remodelling, en-
larging and refitting the old-fashioned three
story loft building No 80 Division street,
making over the cellar into a basement
store. with stores on the ground floor also,
the improvements being made in connec
ton with the change OF street grade made
by the Manhattan Bridge approaches, for
George w. Moore, as owner. from designs
BY Henry Regelman. architect at a cost
of 5000
The Manhattan plans for new buildings
filed yesterday included a two story stor-
age house, TO built al No. $40 West 55th
street from designs by Erwin Rossbach for
Michel ]. Dempsey, AT a cost of $4,000
Carrere & Hastings. architects. filed plans
for remodelling the first floor of the apart
ment house at No. Al Park avenue for
occupancy. the change being for the All
Park Avenue Company Qnc)