The Detroit times., 1910-07-07
.l0-sT0RY BUHD|I
FOR WRIGHT, Nm
CORNER
Fred Sanders Seeks xxtsnzisn
Lease Of Premises 10 30 Tears
and WIN Put Up stree-
ture Costing 100000.
Builder win OCCUPY Tirst ~
Floors and othss VIII b
Devoted 10 ofioss "a

Detroit is practically assured q "A
other fine store and once buildin8
the downtown district
Fred Sanders. the Woodwaxd1<<
confectioner. plans 20 erect q 108<0l
structure on the site at the northe1
corner OF Woodwnrd-ave. and Cax1D1
Martius, now occupied By WrIH1
Kay a Co. Some time ago ne sec1zI<
a 15-year lease OF the premises. t11
lease TO take effect next MAY.
planned to remodel the block and u1
the ground floor for his Ice cream p&
Tors and confectionery store Siucf
getting the lease he has changed N[
mind about using the old building Az
Is determined 10 put up brand On
building, provided he can make sa<(
factory arrangements with the owu&<
of the premises.
Il am negotiating with them fof s.
30-year lease of the Site. said ~
Sanders, Thursday morning. -and ff
get 1t. which think shall. Il n 1o/
intention to start the work on the pros
posed new building next spring, 51</
as soon as my lease begins. Nexo<<
tons are now pending between nayE4|[
and the trustees of the estate for th<
extended lease and / am Of the 0rj1
ION that they will grant the extenn<o1
There are some conditions. howcxe<&
attached to the extension. am iuels<
ing on getting the 30-year lease at f1f
rate OF $4,000 year In rent For tI&
15-year lease have agreed Ia pa<
$4,000 year In rent. cannot aifuf4
to pay more than $4,000 year for t&
years, and II the trustees don't ma1<
the reduction on the. extended lea1&
why, won't put up the building, that4
all However. as i said before. Il ft<I
sure that we shall arrive at eatI&
factory settlement in the matter. {H
addition to getting $4,000 a year a
rent from me. / am to give the new
building to the estate which owna <o&
present site andSthe building now o.
IL. am In hopes that the buiid.H&
shall be erected, for feel that 4 wan
to do something for the City.
building win be known pe
Sanders 1t viii coets Az ~ y
OO0.p X.
j. L Hudson. one Of the trusteea o
the owners OF the site on whit&
MIR. Sanders plans to erect his neW
building, says 1t is impossible to saw
just now whether the trustees and DAT
Sanders would be able to come t|
/
the lease. A meeting to finally cor
slider the matter Is to be held within
day or two.
The property in question belongs "
the Cpyl Fund OF Harper hospital ana
st. Luke's hospitai, each OF the lWn
owners having an equal share. 1n@
property was left 20 the hospitals ~
Samuel B. Coyi and his sister. MiHf
Jane Coyl, when they died some ye1rH
ago. Miss Coyl gave her half inter
est In the property 10 Harper wht&<
Mr.. Coyl bequeatned his half shaxt
to 81. Luke's hospital.
Wright, Kay g. CO., the present CO.
cupaEts of the building. will .rempyt
| in August to the store formerly pccVs
pied by the tt.Taylor-W lfenden
Co. Woodward and Grand Riyer-ave1.
Their lease, however, doesn't expire
until next May. In the meantime the
lease wifi be held by Moses A. Lipsitx.
head OF the National Clothing System,
whose place of 'buEiness Is now on part
of the second floor over Wright, Kay
& Co. Mr.. Lipstz will partition the
Hover ground space on into five small
stores. One OF these he plans TO %
loupy himself. Tho others are. DrAc<
ltically rented now. in spite of the fact
THAT each tenant will have TO get Ouk
when Mr.. Sanders takes charge OF the
building next May. Mr.. Lipsitz's ieas4
lust runs from August OF this year
until May, 1911.
The new building which Mr.. San
ders plans to erect viii be a credit
10 the city The exterior is-to be-u<
terra Gotta material. Mr.. Sanders ex-
poets to use the ground and second
floors himself. while the upper eight
stories will be for Offices, OF which
there will be 10 en- each floor. Theirs
will be three elevators. IL is possi-
BILE that two stores, with arcade Ct
feet, will be installed in the northeast
section of the ground floor, although
at the present time Mr.. Sanders no-
llieves he will require the whole q
the ground floor for himself.
Preliminary plans have been pre-
pared for the structure. Mtldred -
Eisen are the architects