New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-07-06

The demand for high class property IN
the district Immediately north of 42d street
between Fifth and Madison avenues was
shown Yesterday. when the Douglas kooin-
son. Charles s. Brown Company reported
half a dozen transactions as having been
made within a week, involving an aggre-
gate value of about 100000.
One Of the more valuable properties. the
southwest corner Of Madison avenue and
4Sth street. comprising two old dwelling
houses. covering a plot 40sx10Ob feet, ana
known as Nos "a and 26 East 4sth street,
was purchased by Shepard x. De Forest
for a price slightly above $4,000 from
Michael Dreicer. the Fifth avenue jeweller'
who bought the plot in March from james
A. Farley for $4,000 Mr.. Farley previous
ly bought the property for $4,000 from
the Auchincloss family, which owned II for
a great many years.
This corner was sold through the Dough
las Robinson, Charles s. Brown Company,
which a few days ago sold No. 20 East
4sth street to Sumner Gerard. for whom
they subsequently resold that plot to An
investor. together with the adjoining No.
49, which was acquired from Samuel X.
Jacobs for a shade more than N2H.oCo.
II was also learned that the Advocate
Realty Company is the purchaser or NO.
II East 47th street, sold last week by the
above brokerage firm for the estate Of
Mary 3. Stettenlus, and IT was limited that
the Advocate Realty Company had also
acquired Nos. IS and 20 East 18th street
but this was denied by the brokers.
another of the transactions Of interest
NTH
property OF the Brearley School, at NOS 10
and II West 47th street which Is reported
TO have been sold for a substantial ao-
vance over the price paid for the property
in June. when the school trustees sold II,
through the Douglas Robinson, Charles ;.
Brown Company, to the Advocate Realty
Company.
The property comprises a five story
structure. on plot 50x1o0 feet. adjoining
Berkeley Lyceum on the east. The ROBIN
SON Brown Company, which was reported
10 have acted as brokers in the resale de-
clined TO discuss the matter
Snowber & Smith have sold for Helen
b Alexander, Katherine Barnes ana the
Barney estate the plot, 5xl0o feet on the
north side Of bath street, 400 feet west OF
Broadway. The buyer is a Mr. Burds
This plot is the last OF the Charles l.
Barney estate holdings in this section.
AS a result Of transaction which mas
lust been closed the last available piece
Of waterfront on the west bank or the
Hudson between Weehawken and Fort
Lee. will soon pass out Of the hands or the
estate which has owned It for over eighty
years. and will probably be developed and
improved for industrial establishments re-
curing waterfront sites.
The property is that known as the Con-
way estate. beginning just north OF the
Public Service Corporations holdings, at
the both street ferry terminal at Edgewater'
and extending north 70 the parcel owned
! by p Sanford Ross. The tract has river
frontage Of $50 feet. and includes about
| forty acres OF upland extending to the top
Of the bluff and adjoining Palisades Park.
The buyers in the present transaction are
| Mcdowell & Ross, the sellers. in whose
| family the title TO the property has been
held since 1894 being represented by the
| Commercial Trust Company Of Jersey City.
| Nothing has become known as 10 the price
maid for the tract, but IT is said to have
/ been held at $4,000.