New-York tribune., 1911-04-07

T-prer Fifth avenue Is to have another
twelve story apartment house. from ne
gotations completed yesterday. II Is 10 pe
erected at the southeast corner of 15th
street and. with the lease Of The property.
involves s1.5o0.oo0 Last week IL was an
nounced that an apartment house OF sifni-
lar height would be built al the southeast
corner Of 72d street
The newly formed 10 Fifth Avenue
Company OIloin e. Jackson) has leased
from Woodbury. c. Langdon the Sth street
property, having froutages of y feet on
tho avenue and 100 feet in the street. The
lease Is for a term Of twenty -one years. at
an aggregate rental of about 81 10000 The
lease also carries the privilege OF two re
newals for similar term. the rental to be
fixed on Az per cent basis on reap
praisal ~ the property.
The structure 10 be erected on the site
will cost about $4,000. from plans by Rouse
e. Goldstonc. II will he of the most modern
type of construction and Will have stores
on the avenue front. The transaction was
negotiated by William Crukshanks Sons.
on tho adjoining Fifth avenue lot, to-
gether with a large plot at the rear IN 56th
street a new structure Is now being built,
which has been leased for p long term TO
Baumgarten & Co. At the northwest cor
ner of Fifth avenue and 56th street Is the
plot on which a new building is about to
he erected for the Duveen concern.
on the block to the south, at 55th street
are the ST. Regis and Gotham hotels, and
at 57th street and Fifth avenue are the
homes OF Mrs Cornelius Vanderbilt. Mrs
Coils p. Huntington and Harry Payne
Whitney.
Klein & Jackson have been confning
their operations chiefly to tho Fourth ave-
nue. section In the last couple of years, al
though they turned over the Hotel ST. An
drew property, at Broadway and I'D street
a short while ago. and realized a big profit
ON Fourth avenue they own the Belvidere
Building. at the northwest corner of 18th
street and the southeast corner Of 10Th
street, where a tall loft building is being
erected. They recently leased for a long
term Of years the entire block front on the
west side Of the avenue. between 20th and
2lst streets. from Arthur Astor Carey
Edward g Williams G. co. have sold for
s Nelson Irwin. Ella 4. Christie. William
y. Craig and the estate OF Morris T4ittman
No. 2n To 9i9 West 51st street 10 Janpole &
Werner.
The property consists Of FIVE three story
and basement dwelling houses. occupying
plot S26xl1o5 feet. between Broadway and
Eighth avenue. The buyers have no plans
for the future of the property. An apart
ment house probably will be erected on the
site. Dr. Henry recently bought the dwell
ing house - the southwest corner Of West
End avenue and 9th street through the
same brokers.
In the Claremont section little north Of
the Columbia University group Of buildings.
there was sold yesterday large plot. which
will be the site Of large apartment house
Improvement. 9
The property comprises a frontage OF 10
feet on Claremont avenue. beginning 100
feet south Of 125th street. and was sold by
4. g. & T. \. Marks for the New York
Improvement and Investment Company.
The plot is evcavated. and was purchased
ny the Tomahawk Realty Company Robert
Silverman president. Riverside Park and
the new institute ~ Musical Art are
block below the plot Just sold.