New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-10-04

Tho real estate market YESTERDAY ""s
enlivened by several interesting sales
uroiect announced some time ago TO erec'
an Apartment house at the southeast cor-
ner Of Fifth avenue and I'D street mas
been abandoned, and new undertaking on
the southerly part OF the plot IS planned
This southerly part. measuring @Xl5 rect
and beginning 81 feet south of 12d street
has 6een sold by the estate Of seth Barton
French 10 Bing & Bing. for a price salo
to be in the neishborhood Of $i5oo". AT
rangements for the financing Of the under
taking have already been made win the
Metropolitau Life Insurance COMPANY ana
work will he begun in the near future on
a twelve story apartment house on the site
with one apartment ON floor
\. l.. Mordecai u Son and Heiner
Wolf have sold 10 Emanuel Krulewitoh the
southeast corner of Madison avenue ana
SSI street. a plot 1904 feet on Madison ave
nue. by s. feet I'm sd street Mr. kruie-
witch will Immediately erect on this prop
erty an eleven story freproof apartment
house
Tho same sellers have sold to Adolf
Hirshfeld the northeast corner Of sd street
and Madison avenue. OF the remainder "'
the block front between these streets me
latter plot being q feet on Madison avenue
and (, feet I'm the street Mr.. Hirshnolo
,c,u likewise improve his purchase with
building similar 10 that Of Mr.. Krulcwltch.
The entire block front has been rece"'S
purchased by the sellers from the Schermei
horn estate. and is the only remaiiii"e
property unimproved of tho original Schei
merhorn farm in this locality, and one OF
the few remaining vacant blocks on Ma''-
son avenue.
The Hamilton Holding Company Judsoh
& Todd. president, has sold TO Benjamin
Barrett five lots at the northwest corner
Of 142d street and Convent avonue- inc
nronertv fronts 100 feet on the avenue ana
rq5 feet IN the street. and viii be improved
with a high class apartment house.
The plot forms part or the historic Ham
nton Grange. on which stood the thirteen
famous Hamilton Gins representing the
original thirt on states. In January last
Mr. Todd bought fifteen ,ots Of the tract
conn rising tho block front on the west side
of Convent avenue. between 1921 and 1i3d
streets. through r. H. Ludlow 60. Mr.
Todd recently sold the westerly % feet n
li2d street TO the Sisters Of ST Ursula NJ
the Blessed Virgin, who are TO improve IT,
The Douglas Robinson. Charles ;. Brown
Company has sold for the estate Of George
L. Ronalds to a client of the Charles IT,
Noyes Company No. $50 Broadway between
Howard and Grand streets, five story
building. on a lot 26xlO feets This prop
ertv has not been transferred since 1913
when II was acquired by Peter Lorlllard
for $500. It IS now assessed for taxation
AZ $4,000. Mr.. Noyes said YESTERDAY that
his client had no definite plans for me
future OF the property.
It was reported yesterday that tLe Jus
Elevator Company had sold 10 a syndicate
Of banker the block front on the easteriy
side of Eleventh avenue, from 18th to -th
street. comprising a parcel Of nine lots Tor
about 5000 The property. which was
originally acquired by the company 70 I'M
prove if with a building for its use VIII
row he improved. it is said. by the ne"
owners for the elevator company with
six story building. costing between Sp'ro
and $4,000 The completed structure II y
lie leased bv the Otis company Tor perl'c
of twentv-one years at rental pass 81 D
nor cent Of the cost OF the building ana
similar rate on the cost of the lana, az
creCatInc about $4,000 a year.