New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-09

A transaction involving 81. 10000. in the
Greenwich Village section: the leasing OF
property in Harlem for term Of years al
AN aggregate rental of 81 s91"e. on which
cite a new $4,000 building Will be erected
and the perfectirg of the F. -. com
rany for the buying Of Madison Square
Garden were the chief activities In the real
estate market yesterday. II is proposed TO
build a TWENTY-FIVE story commercial struct-
ure on the Garden site detailed account
Of which is told elsewhere.
Lewis B. Preston has sold to the estate
Of Charles Frederick Hoffman. for the st.
Johns Park Realty Company Games II.
Cruikshank. PRESIDENT. the block 'front.' o''
the east side of Washington street from
Morton 10 Barrow street. Gxlco feet, wh'ch
is being improved wits an eight story
building for Bellas Hess Co. VINO nave
leased the premises for long term OF
years AT net rental. also the northwest
corner OF Morton and Greenwich streets
JOKES feet. on which an eight story bnildlhs
Is being erected \ lease of this buildIns
10 a prominent corporation, at net rental
IS practically closed. The Hoffman estate
also has an option 10 purchase the south
west corner 81 Greenwich and Barrow
streets 1cnrlN feet. with an eight story
building This comprises the entire block
from Morton ~ Barrow street and Wash
.tngton 10 greenwich. containing about
5000 square feet
In exchange the Hoffman estate gives the
Cluett Building. 80. ~ to 3 West 18th
street extending through to No % to q
West 18th street. an eleven story and base
ment mercantile building. on a plot @NlS4
feet. which they purchased ten years ago
from Henry Corn
Mr. Crulk shauks three buildings figure
in the transaction Al $4,000, and the
Cluntt Building 4 S90ocHo.
The Hotel Winthrop. landmark OF Har-
lem occupyins the entire block front on
the vest side of Seventh avenue. from l24tn
20 l25th street. is 10 be replaced with
nine story building. The property has been
leased by G Sdenhers 10 L. ". Blumstein.
proprietor Of A department store. at No
go West i25th street
Under the terms Of lease Mr. Sldenberg
IS 10 erect for Nh Blumstein the new
building from plans by Buchanan & Fox
architects. who estimate the cost al 10000.
Rental Of the property for the first twenty
one years has been agreed upon at $4,000
term. and the renewals Will be based on 0
per cent Of the value of the property at
Tho expiration OF the first period
The property has frontages OF 20.l0 feet
iu Seventh avenue. 80 feet in l2oth street
and 81 feet in 12ith street
The Interstate Land Holding Company
has sold the Langdon, ten story apart
ment hotel. at Nos l57 and 1Ss West 124th
IL oAs OiRE 10
former Harlem Casino property. at the
northeast corner OF Seventh avenue Whlch
was altered into a vaudeville and moving
picture house by Marcus Loew. The Inter
state COMPANY acquired the Langdon IN
foreclosure proceedings in 1904
Fifth Avenue Alterations
Plans have been fled for removing the
high stoop and bay window at the base
n.nt and first floor Of the four story prl-
vate dwelling house of Mrs. ii. Mch
srwombly. at the southwest corner of Fifth
avenue and oath street. 10 allow for the
widening of the avenue The bay window
win be carried to the second story and
The entrance will be made at the street
level II will cost $4,000 to make these
changes. Warren & Wetmore are the
architects
Plans have been fled for removing the
nrea. railing stoop and poruco OF the
dwelling house Of William Rockefeller, at
the northeast corner OF Fifth avenue and
saith street. for the same purpose Harry
5. linen. the architect, estimates that IL
will cost about $500
Plans have also been fled for decreasing
the size of the sidewalk vaults under %th
street in front of the nine story depart
mont store Of Il. II. Macy & Co, on the
north side OF S4th street. sos feet west OF
broadway, TO allow for the widening of the
street II will cost about s25ooO to make
this change Benjamin \. Aycregg is the
owner. 9. T. II. Gilbert is the architect.