New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-18
TWO LARGE LOFT BUILDINGS SOLD
Interests of Liverpool and London and Globe Insurance Company
Ltd Get the Twelve Story Wolfe Structure, in William Street.
THE OTHER IN COURSE OF COMPLETION IN 3sTH STREET


The sales of two twelve story loft build
ings enlivened the transactions in the real
estate market yesterday Chief interest OF
these centred in the resale of the Wolfe
Building by the Charles +. Moves COM
pany. Tie structure occupies the block
front on the easterly side Of William
street. from Nader Lane to Liberty street
The other was a twelve story building In
the Fifth avenue section. at Nos. ~ and Il
West Seth street. now in course Of COM
pletion. which has been held at $4,000"
The broker I'm the latter transaction was
George Neiman.
The Wolfe Building was resold At SUD
stantial profit. II Is reported. for Seig 'oid-
stein to interests identified with the Liver
pool and London and Globe insurance
COMPANY. Limited. The structure has "A
frontage Of 13 feet In William street 80
feet In Maiden Lane and % feet In Lib
erty street.
on oprositA corners are the Royal In
surance Company and the North BRUSH
and Mercantile Insurance Company the
former companv owning its building and
the latter company having a long term
lease Adjoining to the east Is located the
new Characterization Insurance com
pany's structure while block further
east is being erected the twenty-four story
Insurance Building. for interests identlned
with the Continental Insurance Company.
It Is stated that the purchasers will hoid
the property temporarily as an invest
,nent and after extensive alterations have
heen made the building will he offered by
the Charles 4. Moves Company for rental
purposes. several negotiations being now
pending for ground floor locations. Event
uaIIv the building will be exclusively oc-
cupied for all departments of the 'dNerpooi
and London and Globe Insurance COM
pany. Limited. Mr. Goldstein purchaser
the property through the Charles =. Moves
Company in March from the Wolfe estate
The S6th street building is on plot INK
100 feet. Mr. Neiman has been appointed
agent Of the structure, and negotiations
are now under way for the renting OF the
entire building TO one tenant.
The Brown Realty Company sold the two
FIVE story fathouses al NOS lOs ana ll'
West seth street. on plot oONloV.o ieet' W
tween Columbus and Amsterdam avenues
The-buyer gave in part payment ploN'
107xi15 feet. in Hillside avenue Jaiaicd'
Long Island and dwelling house. on plot
bOx1003 feet. in Sound View avenue DC
tween Park and Echo avenues Nc"
Rochelle The Brown Realty Company ac-
ouired the four five story fathouses NO
,o4 IN 10 West seth street a couple OF
roortbs ago in an exchange with the Hud-
son Realty Company.
An interesting purchase in The Bronx
was made by a congregation or plot DIN
ia feet. on the north side OF 2l'th street
on feet west of Barnes avenue, on "hicii
site II is planned 10 erect pufidlhs loi
religious purposes.
plans have been filed for a two story
theatre. with stores on the northwest cor
nor Of Fifth avenue and Cathedral PARK
NAV II will be a fireproof building, with
frortaoe NJ 81 10 feet on the avenue ana lVD
feet on the street, with facade OF pr'ch'
limestone and terra Gotta. III VIII HaNe
seating capacity of 57S In the auditorium
and 421 in the balcony. The structure VIII
he erected for the Olympic Leasing com
nanv. which has leased the ground from
Edward Friedman. John {. WATSON I"e
Architect estimates the cost at S'o'W'
plans have been filed for increasing inc
height of a portion of the church edlnce Vi
the West Park Presbyterian Church' Oh
tho northeast corner of Amsterdam avenue
and ssth street, from two stories to three
storias and making interior alterations, at
q total cost of $1,000. Ludlow q PEABODY
are the architects.
Permits have been applied for AT the De
nartment of Buildings for the erection vi
Temporary frame structures In connection
with the tunnelling for the new aqueouo'
from Ashokan Dam to supply this city win
water There will be fourteen or lhe0o
buildings erected. at an estimated cost Vi
COZ 600 nine TO be located IN Central PARK.
one in Bryant Park, one on Edgecohoe
Road. opposite 165th street. two on 81
Nicholas avenue at 135th and 1871 streets
and one on Mornngside avenue, opposite
1gst street
Resides the above. there are 10 be erected
eleven others to cover shafts which are 10
be sunk within the city limits, between
Yonkers and Brooklyn. One Of the shaIts'
I'm Delaney street, will be carried TO
dentb of more than seven hundred feet to
enable the safe boring OF the tunnel under
the East River
The Murray Hill Taxpayers Association
W
charter membership of about one nun
dred. There were received at the first meet
ing more than hundred and fifty addition
al applications from property owners Tor
membership in the association. The or
eanizat!on has been chartered under the
laws OF the State OF New York, and one OF
the first matters to be taken up is that OF
abating the nuisance caused to property
owners in the district by the smoke from
the Edison plant at seth street and the
East River.
The officers Of the association are as fol-
lows: President Dr. Dennis J. Mcdonald;
first vice-prosident. Charles w. Edit; sec
ond vice-president, Frank j. Lynch; secre-
tary, Pierre VI. Clear financial secretary,
Louis Moeschen: treasurer Michael j. Nc
Cauley. board Of directors. Peter j. Scery.
John J. Killian. Edward O'Neill, Terence j.
Lynch. John j. Herrick. DR. Dennis J. Nc
Donald. Charles ". Edit. Frank J. Lynch.
Pierre NJ Clear. Louis Mocschcn and
Michael j. McCauley.