New-York tribune., 1911-11-19
WEST END AVENUE SITES IN DEMAND
important Sales of Property There to Building Companies Due to
Popularity Of Modern Apartment Houses
IocAL REALTY TENDENCIES IN THE LAST TWO WEEKS

.,,lative building companies and IN
80 have bought in the last two weeks
'eSs, Sc number Of Manhattan properties
~ Great West Side. north of 59th street.
J" - Dvskman, the upper Park avenue
olso in the midtown loft districts,
sHu construction concerns have now the
u''-so-v pIots for Immediately carrying
49, fan plans. And 10 the control OF
o.s.ors who have been conspicuous buy
M ,he market in this period. has passed
% the most valuable investment
fO.-.s fO-.-+,es IN the oldest home and business
tsiliuicks q New York.
O1-a~,-alization Of buyers IS not the dom
-. feature Of the real estate market at
nl'--,, ,-esent time. Nor are the inducements
w - section more tempting than other
,,,sr speculative ard investment dis
trlcts.
,,,vsrs are everywhere. though not quite
-.,,,s-ically strong enough 20 suit scores Of
.~.vsrage houses which. unless their COM
..,ss,ons are many and big, are dubious
-. realty matters. Because OF wide
-.-.sd trading. there are few classes Of
e-.,e-ties for which there is not fair de-
nand.
WnSf ELl avenue mas Nbt4NA 4oNANNAA ltAA e-N49
=. .be budgets Of sales in the last two
weeks.
A newly formed corporation. whose incor-
.,o-e are Sidney B. Klee, Abraham L. Ber-
-srs and Irving H. Kremer. bought a few
Ssvs ago from w. z. d. Stokes the four
s,orv dwelling houses No. 5s2 to 56S West
IND avenue. on a plot 7Sxl0O feet. Mr
s,okes recently leased 10 Frank Hartman
e,d Gustav Oberdarfer the Ansonia Ho-
81 for thirty years at an aggregate rental
~ 100000 The new corporation is also
.s,d 10 have bought the northeast corner
parcel
Il is planned 10 erect a twelve OF four
teen story apartment on this West End
avenue site. which was bought by Mr..
Stokes In 1SSS.
The improvement will be OF a high class
character. IN keeping with the many big
apartnert operations recently completed
IN the immediate vicinity.
The plot 102.2ySo feet at the southeast
corner Of West End avenue and s6th
street was sold about three weeks ago by
Franklin Petit 10 Miiliken & Moeller, who
will improve IL with d twelve story struct-
ure az a cost Of $3.50 Another transac-
uon in the same vicinity was closed a
couple OF weeks ago, and involved the Car
Isle. a six story apartment house at West
End avenue and SD street, which was sold
by Mr. Petit TO Emanuel Van Raalte.
Considerably more than 5000 900 has al
ready been set aside this season for i'm
proving large plots in West End avenue
with apartment houses. Complete details
Of the plans were recently printed in these
columns.
A $4,000 structure viii be six stories and
will stand on the premises No. IA 10 751
This Improvement VIII be carried out by
the No 749 West End Company. Rouse *
Goldstone. architects, have drawn the plans
The Cambridge Construction Company
vii put up a $350,OO0 building, which IS o
occupy the premises at the southwest cor
ner OF 18th street and West End avenue.
The dimensions Of the structure Will be
75xe9 feet The plans have been drawn by
Schwartz & Gross.
Al the southeast corner OF SSth street is
where Henry Schin Is TO erect a $4,000
twelve story house. from plans by Schwartz
& Gross. That building will have 'front.'
age Of 1911 feet on the avenue and depth
Of lrls feet.