New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-01-13
SYNDICATE BUYS CEDAR STREET PLOT
Now Has One Of the Largest Sites in the Insurance District on
Which It Will Erect Office Structure.
BUILDING FIRM TO PUT UP LOFT BUILDING IN 3e1A ST

Several transactions resulting In change
of ownership to properties valued at many
hundred thousands each were reported yes
terday
| syndicate headed by Henry Evans
! president Of the Continental Fire insurance
| Company, is collecting a number OF parcels
/ in the heart of the fire insurance distrlct
| on the site will be put M tall ONCE
building.
| II recently bought through John n
Godins from the City Investing COMPANY
tho plot Nos q and - Cedar street, ana
yesterday 1t increased its holdings by the
| purchase from Charlotte r. Kellogg OF the
premises Nos. 13. Is and II Cedar street,
| small buildings. on r plot a.sxl3o9 feet,
extending to Nos Sc and 81 Maiden Lane.
| MIR. Golding was also the broker in that
! transaction
! with this purchase the syndicate now
controls a plot fronting about 1907 feet IN
| Cedar street
| A big transaction In the central shop
ping district was tho purchase by firm
| of builders of Nos 10 and q West Seth
/ street from Judson s. Todd through NJ. d
| l.. Hess The property comprises a plot
50x9S9 feet, which is TO be improved with
a twelve story and basement loft building
the west light Of which will be permanent
as the property No. % is held under long
term lease
| Mr. Todd bought this plot in october
| from Lucy Denny and the Gale estate
! Directly opposite, the property No. % to
| Is was sold a few weeks ago by the Union
Mortgage Company TO Daniel ". Rchman
| and others, who are preparing Tor the
improvement of the plot with similar
| building This will be the sixth improve
| ment undertaken in the block. between
| Fifth and Sixth avenues since May, 1910.
In a trade involving $4,000 the Emer-
| son Realty Company became the owner OF
| the Hotel Maxwell, Nos 20 and 90 West
| 49th street
| The Maxwell is q nine story structure,
occupying a plot 40xlOO.5 feet. adjoining the
| Churchill restaurant ut the southeast cor
ner Of Broadway. 1t was owned by Robert
NJ. Silverman.
In exchange the Emerson company gave
| 70 Mr. Silverman No. COZ to Gil West 1S5th
street, two five story apartment houses, on
a plot 10S 6x99. II feet, adjoining the Saxonia
apartment house at the northwest corner
~
a. & c. Lewis
West Side Buying.
Activity on the West Side was reflected
by sales by Louis II. Lowenstein for the
estate of Max Lowenstein and the Maxlow
Realty Company TO a client of w. r.
Preble Of the following properties: No. los
West 11sth street a three story and base
ment dwelling house. on lot 17XloO.11 feet:
No IS West 11Sth street. a three story and
basement dwelling house. on lot 20X100 II
feet. and No. III West 117th street. a five
story dwelling house on lot 19x1ool1 feet.
The properties are adjacent TO the subway
station at 1l6th street and Lenox avenue,
and will he altered for business purposes
as soon as the present leases expire. The
same broker recently sold tho C1aremont
Court apartments, at Nos. so and 55l West
18th street. to the NARROW Realty Com
pany.
Buyers we're also found yesterday for a
number Of fine residential properties.
The residence No. IS East Gath street,
owned and occupied by Charles Mnzes-
heimer. the banker. was bought by William
r. Rose. II is four story and base
ment brownstone structure occupying a lot
25xl0o feet, between Madison and Fifth ave-
nues, In the same street with the houses
Of r. J. Berwind Orme Wilson and the
former home Of the late George Crocker.
The old Duncan house and vacant lot ad-
joining the Wilson residence were sold about
4 year ago 10 James j. Hin, and the dwell
ling house No. 10 was sold recently by
Mr. Rose to William =. Havemeyor. who
resold the house to Howard Taylor. This
property has figured in four sales within
year. Mr. Minzesheimer held the house
he has just sold at sl3j.opo
Hall r. WarnC. Of Workers. bought from
Adolph G. Hupfel. jr.. his residence AT No.
% East goth street three story and base
ment stone front dwelling house, on lot 1ax
1nos feet between Madison and Park ave-
nueS
In part payment Mr.. IIupfel took the old
Warning homestead at No. Is Locust Hill,
Yonkers II consists Of a large frame
house, with barn. on plot 150x3oo feet