New-York tribune., 1911-09-21

Tentative plans have been prepared pv
Charles A. Platt for Colonel John Jacou
Astor for a twelve story loft and once
building TO occupy a lr>-foot plot Al No
% 10 IS East SD street between Broad"aS
and Fifth avenue. The proposed improve
ment Will be erected as soon as the ue-
ruands warrant or upon the presentation
of one or more tenants requiring sufnclent
space 10 insure a successful operation Inc
site is directly opposite Astor Court ana
the building OF that name. owned by the
eldest son of William Waldorf Astor.
Another business building in the Fifth
avenue section Will be the outcome OF
lease made to the Progressive Construc-
ton and Leasing Company BY DR.. Reginald
sayre. through Mccarthy & Fellows OF the
four story dwelling house at No. East
18Th street The lease is for a period o.
twenty-one years, a. en- aggregate rental
Of 500 oOo The lessee is 70 improve the
site. which is between Fifth and Madison
avenues with six story store ana once
building The property adjoins on the West
the nine story building of the Home Oluo'
Some interesting sales were announced III
the real estate market yesterday. James
c. Mcguire & Co.. contractors purchaseu'
through 5. NJ Bier. the four I'VE story nat
houses at No 103 70 lO9 East 18th street
on q plot 964x1O22 feet. for future apart
ment house operation. Edward :. oteinarh'
Of Kuhn. Loeb & CO., SOLD the houses NOs-
100 and los. while the other two, Nos Lo'
and l0e. were disposed Of by John H. BLOCK
James G.. Mcclure q Co. have built mum
Der Of high class apartment houses on tH'
West Side. I'm the Cathedral Heights as
trict
Harry a. Frazee. Of the theatrical hrn
Of Frazee d Lederer. whose interests are
all in Chicago, is the buyer OF the proPelCs
recently sold al No 30 to 22s West 4slA
street. which IS 10 he improved Win
theatre building 10 cost IN the nelghDor-
hood Of $4,000 Including the lano. Inc
structure yciU be designed by Herman Lee
Nesder, who has completed plans TOT
building OF European type which VIII nav
a seating capacity Of approximately -'L'''
The auditorium will be wide and shs4lo"'
thus bringing al seats within close range
of the stage All the mechanical WORK Oh
the stage will be handled electrically from
q switchboard.
An interesting lease IN the Fourth avenue
section has been negotiated by Carste.h
T5nnesin. Of the store basement anu lH
loft I'm the new twelve story building TO De
known as the White House, At the south-
vest corner of Fourth avenue ana oIs'
street. The lessees OF this space about
= 900 square feet, are Spielman q Co. sl!k
iuporters and commission merchants VINO
have been at their present location NO %
Grand street. near Greene street, Tor Sixty
wears The lease is for long term Oh
years at an aggregate rental OF ABOUT
$4,000
The Charles r. Noyes Company has
leased the two story building No. 1873 West
$50 street. covering a plot Of $500 square
feet 20 the White House Lunch Company
for twenty-one years, at an aggregate
rental OF s1Ss65O net With carrying
charges. the total rental is approximately
$4,000. After expending 5000 tor extern
sive alterations. the tenant Will open
restaurant. S. z. Kelly & Co. we're ssso-
ciate brokers The amount spent oy the
Noyes company for its clients in remodel
ling the building Oh the plot has Increased
the previous rental 400 per cent.