New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-04-01
OLD LEN0X FIFTH AVENUE HOME SOLD
Eighteen Story Commercial Structure to Replace Landmark at
18th Street-Transaction Involves S2250.00O.
NEW YOUNG woMENs CHRI STAN ASSOCIATION BRANCH

The newly incorporated Fifth Avenue ana
Twelfth Street Realty Company. Of whicn
Henry Corn is president. has purchased the
old Lenox home. al the northwest corner
OF 18th street and Fifth avenue as ihdi'
Gated in yesterdays Tribune.
ON The site IS 70 he erected an eighteen
story commercial building. and ms TO-
sether with the cost Of the land will repre-
sen. an investment estimated at S~-o""'
The structure will have rental capaciN
Of 1880 square feet To every floor. or S2s'5'
square feet for the entire building.
The building Will be equipped with all
modern improvements and will be OF the
hiehcst type Of construction. Plans Tor II
sre being prepared by Maynicke & franKe'
and the structure is 20 he ready for occu-
psncy by January. 1872
The plottase such as NJ. Corn has OBJ
tanned is not obtaiuable elsewhere on Fifth
avenue from tho Washington Arch 10 me
Plaza. and the Improvement ne has planned
doubtless will cause n radical change OF
tho district south 81 l4th street rnuch as
his numerous operations Of Il similar cnar-
scter affected Fifth avenue between h'h
and sd street
The Lenox home. an old LANDMARK cc-
cupying plot i5l.3X1j0 feet. was erected
about 1859 hy James Lenox, founder OF the
Ienox Library, and during its occupancy
as dwelling house there were entertained
IN II the Prince OF Wales and Jenny Lima
n is three story structure, and after
being vacated by the Lenox family was
used for short period as library ana
subsequently occupied for many years by
The mission boards OF the Presbyterian
Church. and more recently by the Cnit'u
States Acronautical Reserve
When business threatened 70 intrude'
g bout seven years ago. Thomas +. Ryan,
who made his home at the northwest cor
rer Of leth street prior n his removal 70
IRE stern house. In upper Fnfth avenue
bought The I.cnox house TO prevent an nm
desirable Enforcement.
On the opposite southwest corner stanos
the old First" Presbyterian Church ana
MANY Of the cd New York families have
choir homes IN tho vicinity OF the improve
r,ent which will he the only large building
ope~ation i'm that district that has been
undertaken II, recent wears. aside from the
eleven story arartinent house NJ the hor'n-
east corner Of 1ith street.
Another branCn OF la' l'"UH W '''''
Christian Association, making tho seventh
IN this city. is about 70 he erected al INC
northwest corner ~ Lexington avenue ana
a.d street The land for the project mas
ius, been purchased from the estate o.
rohert Hoe. and has a frontage Of NJ le"'
IN Lexington avenue and 10 feet IN 90
street II IS directly opposite tn" swedish
Methodist Episcopal church The Other
branches arc NJ No. East 18th street no.
rs Fast 25th street. 40 West 21th street
No $50 West 4th street. No. 1'S West 80
stree, and 40 20 I<noX avenue.
Horace s. FL & co have sold for Cor
,ol2 Prime. 20 a client. Sos. 12S and '"0
East o2d street adjoining the southwest
corner. Of Lexington Avenue. two dwelling
houses. altered for business use on p'''
;nxis0 feet. Tho now owner Viii prcoah Il
.rac, q now mercantile building IN the site
T. tho roar future DIRECTLY opposite Is
the nrorortv. At tho northwest corner 81
lexington avenue and cd street. sold
Garlic IN the week 70 Charles Kaye. for
ir,rroyarent. with sixteen story building
the lower part Of which hiss already peer
leased IN the Fifth National Rank.