The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-06-10
LEVY ACQUIRES
Y. ". c. A. SITE
Pays Preston Cobb A32,SoO
for Former Home for
Young Women
MAY BE THE LOCATION
FOR NEW PLAYHOUSE
1t IS Stated, However, That
Building viii Be Reno
deled Into Apart
ment House

tei ana restaurant into which he pro-
posed to convert the building. Pres
ton Cobb has sold the old y. w c. A. |
property on the south side of Franklin
street between Eleventh. and Eighth
Streets to Raphael Levy for $4,000
thus realizing s., 500 On the purchase
price OF the property which he acquired
some months ago from Y. w. c. A.
management. As part payment Mr.
1obb comes into possession Of "a two
story new brick store at 2oe IL East
Main Street valued at $4,000. the bal
ance being cash, This store .s one
of three recently erected on the south
side of Main Street between Second
and Third Streets and is still vacant
AIR. Levy also owns the middle store
In the group.
There is some speculation az to what
Inc new purchaser proposes u do with
the J. W. G, A. property which is dou-
bic front three story and basement
brick building OF the old residential
type. though II To- reported that he will
remodel II into an np-to~ date apart
rnent house. Another report has it
that the site may be used for the
proposed Lyric theater in event It's
promoters determined 10 give up plans
for erection Of the playhouse at the
southeast corner ct Grace and Eighth
Streets, directly across Grace from ST
Peters Catholic Church. II is stated
that Mr.. Levy owns q couple Of stores
fronting on Eighth street near the
corner OF Eighth and Franklin and
running back TO the newly acquired
property. and that this frontage might
Dc converted Into an entrance areaway
for the treater In 1he rear Mr. Levy,
however. liz not discussing his plans
and II may be that he has merely
bought the property as an investment
May he Thcaser Site.
Some color is lent the theater re-
port by the fact that Pollard and
Bagby, who engineered the Lyric pro
Ject, turned the Y. w G. A. deal for
Mr.. Levy, and 1t will be recalled that
when Henry <. Wallerstein ACQUIRED
the Grace and Eighth property las,
year IL Was stated at the time that he
proposed To erect All apartment house
on the site.
y. w. C. A. site, though perhaps
triie cramped. is AN ideal location for
a theater being practically In the CEN
ter of the hotel district and ia close
proximity To Broad and Main streets
AS recorded in these columns last
Saturday, il Is officially announced
that the old National Bank Of Nir-
ginia property at the northwest cor
ner of Main ard Eleventh streets has
been sold for $2aa, 600 through the
= firm Of fAoSiarsi Il -Bagby: White the
property is said to have been .pur-
chased by the Bryan estate. IL IL
understood that r. e. Williams Jr
was also interested In the deal. With
a Main street frontage OF 60 feet and
depth Of so feet the site is looked
upon as an ideal one for skyscraper
though IL liz regarded as likely that
the Carneal property in the rear run
ming back to Bank street and over
looking Capitol Suqare will eventual
~ be acquired before erection of such
a building is undertaken, MIR. Car
neal la understood to be holding his
property for s125.ooo.
award Hotel Contract
Award of the contract for the new
Rueger Hotel at the southeast corner
of Ninth and Bank streets LIS schef-
nled to be let in New York SATURDAY.
-Four Richmond contraetors-W. A.
Chesterman, A. NJ. Walkup. J. Henry
Miller and John r. Wilson~~~are bid
ding on the Job. while calls for an
outlay OF figure in the neighbor-
hood Of *350,o00. In case the CON
tractors prices prove too high. In the
opinion of Mr.. Rueger, it Is reported
that the projected ten-story building
may be cut down a story or two be-
fore the contract is finally awarded.
Plans for a new private hospital
to be located at the southwest corner
of Grace and Monroe streets, and to
be known as Grace hospital. were
fled with Building Inspector Beck
during the week. the estimated cost
Of the structure being $4,000. The
hospital Ii to BEL three story and
basement brick. stone and concrete
building OF flreproof construction. 1t
will front &C feet on Grace street.
with depth of OF feet along Mon
roe street. Another private hospital
Is likely to be the result of negotia-
tons for the donation of Memorial
hospital for the city as free in
stftution. More than forty physicians
afflliated with the Medical College of
Virginia now practice almost excfu-
eively at Memorial. and it Is gen.
orally admitted that they would not
care to practice at the other local
hospitals owing to long standing fac
tional differences.
Discuss Car Extension.
For the last day or two the chief
topic In realty circles has been the
projected extension Of traction facili-
s9a tfe1s SVsst gsEsissssos iw
the petition Of the Virginia Railway
and Power Company offered In COM
mon council Thursday night and de-
failing plans for the proposed extern
sion.
It IL proposed that single track
shall run westward on Broad street
from Robinson ana Broad to West
street; thence south on West street.
crossing Monument avenue and sew
eral other thoroughfares, to Kensing-
ton street; thence out that thorough
fare to the new city limits on Rose
meath road. II is understood that the
Broad and Twenty-nfth cars. which
now stop at Broad and Robinson. will
be used for this extension line when
II II in operation.
1t IL believed that the extension will
receive the stamp Of approval OF the
City Council without much ado, pro-
vided no opposition Of any conse-
(COntinusd on Second PaxAl