New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-12-31
THE DOWNTOWN SALES
New Owners Found for Some
Office Structures.

| There were fewer sales this year in the
downtown Office district than in the pre-
v,ous one. That was principally due to the
fact that there was a smaller number oil
propertics placed in the market
South of Chambers street the newer OIL
flee buildings are firmly held by investors
and interest in realty affairs in the district
| is likely to be more often aroused this year
by building projects than by transfers OF
titles to parcels there.
one of the big transactions Of the year
in the zone was the sale of the Washing
ton Life Building. Nos. III and li5 Broad
way and also the three story marble
building adjoining. No. 139 Broadway 10
subsidiary company of the city Investing
Company for about A,000o.
The building at the southwest corner Oh
Dey street and Broadway changed hands
at s. 500. 900. and a lease affecting the prem
ises was reported. II was for twenty-ohc
wears. with three renewals. at an annual
rental of $4,000 for the first term and over
| 81. 600 900 for the entire term.
The old seven story structure, formerly
| the home Of the Mutual Life Insurance
| COMPANY at the southeast corner OF LIB
orty street and Broadway, was sold to the
Guaranty Trust Company. The Mutual
| Life bought the Broadway corner parcel In
1869. and subsequently erected the structure
on The site which 1t occupied as its home
office until about 1888.
The twenty-one story office building No.
- Broadway was sold TO the New YORK
Real Estate Security Company OF which
Thomas B. Hidden is president and VIII
lam f. G.. Gaillard vice-presdent, for 81
100 900. The new company, DIT the same
time. also bought the block front on the
east side of Fifth avenue. between looth
| and 106th streets, 201l0xl00 feet and the
southwest corner of ST. Nicholas avenue
and 1S6th street. 151 2x3OO feet irregular,
extending through to Wadsworth avenue.
Five brick buildings, No. y to II CEDAR
| street, and extending TO Nos. 80 ana o
| Maiden Lane were sold by John y. Gold
ing for Charlotte T. Kellogg to the FIRE
| Companies Building Corporation, whch III
1910 bought adjoining property.
The Myers Building, Nos A ana ~
Maiden Lane, was sold for the s f. Myers
Pealty Company. through Charles +. Noyes
Company and Daniel Birdsall Company, TO
Frederick b. Ayres. who gave in part pay
ment the LanGdon Hotel, Nos. l57 and l59
! West l24th street. The value Of the prop
critics in the trade was about N,OOoc0
| five and a six story loft and store
building. Nos. JO2 and 504 Broadway, eX-
! tending to No. a TO 81 Crosby street was
| sold by the William ii. Whiting Company
for Charles Laue TO William H. Browning.
| No. IA Fulton street, three story
building on a plot 2sXl07.G feet, was sold
! FOR Mrs. A. S De Seding and Mrs. L. {.
| Tallmadge to Thomas Newbold.
Two six story buildings, Nos. and B
Barclay street, on a plot j0Xl5 feet. abut-
| ting the original site OF the Woolworth
Building. was sold to +. w. Woo!worth.
The seller was Elizabeth Kennedy and the
| broker Edward j. Hogan.
| Old three and five story buildings, Nos.
| S and 10 Barclay street on a plot 0XlOJ
| feet. was sold for Michael Coleman
! through William II. Whiting 81 co. TO Will
! lam Waldorf Aston. with that purchase
! Mr. Astor squared" his holdings f. the
1 Ag,or IIouge block