New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-05-13

Investment sni speculative deals affect
ing property valued at many hundreds OF
thousands were reported YESTERDAY
Louis Stern, of Stern Brothers. bought
from the George c. Edgar & Sons Company
through l. J. Phillips & CO. the Mime
waska and the Mohonk. apartment houses.
at the south corner Of Central Park West
and s31h street.
The Minnewasha is an eight story Gle
vstor structure. occupying a plot fronting
$40 feet on the park and Is feet in the
street. with an l. at the rear The Mo-
honk adjoins on the south and is a seven
story elevator house. on plot 5oxloo feet
The property is opposite the Progress Club
In part payment for the Central Park
West property Mr. Stern gave his stable
and garage at Nc So TO 81 East Sath street.
extending through the block to No. Sc 10 60
Eas; s5th street 1t is q three and two
story structure. fronting 80 feet in each
street The property is between Madison
and Park avenues and faces the St Igna-
titus church ana school Mr.. Stern &c
Quired K in 1883
An important midtown transaction was
the sale By n. & l.. Hess TO client of the
buildings No 2Gs to 222 West Goth street.
Robert L. DoWlsns, president of the City
Investing Company, said yesterday that
within month the company Will undertake
the Improvement of the property at the
southwest corner of Broadway and Dey
street.
The new structure is not to be a sky
scraper or a tower, but will be either six
twelve stories high.
Sketches have been prepared for build
tngs OF both heights. and a final decision
as TO which one will be erected will be
made githin few days.
The City Investing Company bought this
property from the Mercantile National
Bank about three years ago for s1.00o. 600.
The site measures 45.1 feet IN Broadway
and 1907 feet In Dey street.
The site has frequently been improved.
on paper, since the City Investing Com
pany bought IL None Of these schemes,
however, has been sufficiently attractive
to make Mr. Bowling willing 10 let go of
so valuable property. The plot is prac-
1icaiy the only corner now available for
immediate improvement in Broadway be
tween Bowling Green and Fulton street
A s175,0oo Project.
Plans have been fled for nine story
apartment mouse to be built on the north
side OF 107th street. 100 feet west of Am
sterdam avenue. for the Hennessy Realty
Company. OF which Joseph Polstein is pres
tdent. The FACADE will be Of brick, with
terra Gotta trimmings. The structure viii
be freproof and will contain apartments
for twenty-seven families Schwartz &
Gross, architects, estimate the cost at SI75,-
coa
Plans have also been filed for a two story
brick stable, 10 be built at No. 276 West
18th street. with a frontage of 1911 feet
Clark. owner. Chapel & Bosworth, the
architects, estimate the cost at s., 800.
o. L. Spannhake. architect for z. SuIz-
berger, fled plans for making alterations
TO the five story tenement and store at
Nos. SIS and $40 East 18th street. to comply
with tenement house requirements. The
alterations will cost $500.
The plans for making over the three story
stable at No. IS East 40th street into a
garage for George ". Perkins, OF River
dale-on-H Hudson, have also been fled by |
r. ". Byers. architect, who estimates the
cost of the change at S7,e0a-
Plans have also been filed for extensive
alterations to the four story and basement
dwelling at No. 543 Madison avenue, of
which Rose B. Marx is the owner. The
plans call for building entire new front
wall, raising the basement floor TO the side
walk level. putting in new stairs, installing
new elevators and several minor interior
changes. to cost $4,000.
Plans have also been fled for building a
one story rear extension to the four story
and basement dwelling at No. 142 East 34th
street, to be used for a storage vault. c.
Danschijsky is the owner. d J. Comyns.
architect, estimates the cost at $500.
Arnold ". Drummer, architect. flied plans
for alterations to the four story dwelling
house Of Morris Loeb, at No. 273 Madison
avenue. The alterations consist of closing |
UP the window in the rear, putting in new
partitions and changing the location OF the
bathroom TO the third floor, at a cost of
$1,000