New-York tribune., 1911-02-04

Tho old Babhitt soap factory. In lower
WASHINGTON street. the tall square chlniile!
Of which has served as LANDMARK '"'
river men for some years. VIII propaoN ''
demolished soon and an office structure
erected on the site as the result OF Trans
action Yesterday dsposing Of the property
which involves about $1.5oooH
The property was sold by Mrs. {. NJ
Evde and is at No 76 to 80 Washington
street extending through the block 10
West street. where il ia es in Nos 40 :"
4S a. and 80 covered by an old eight st"'H
structure This probably will be demoi-
ished by the new owners and improved
With a modern office structure in keeplhs
with recent Developments Of the section
The purchasers also have obtained from
the estate Of BENJAMIN T. Babhitt tne au-
ioining property. No. 50 Washington street
COMPRISING a FIVE story building. on iot
95xen feet. which. combined with the other
plots. makes a parcel with an area OF -o"-'
square feet.
All the parcels were sold by Taylor Broth
ers and Paul d SAKE 10 u. Crystal son.
for whom they have also sold 10 Mrs. hyde
a group OF recently completed eieNa'o'
apartment houses on Riverside Drive anu
Claremont avenue. Just west Of the grouhuS
of Columbia University. The properties are
the Mira Mar. a nine story fireproof build
inc. occupying a plot 7Sxloo feet just north
Of ll6th street. and Eton Hall and Rugby
Hall eleven story apartment houses. re-
Gently COMPLETED. on a plot lliNle feet. al
No q % 81 Claremont avenue, facing the
Milhank quadrangle Of Barnard College
Columbia University.
TIE. bo,cee ,Vava DESIGNED (,apta0O
Aiieno and are considered typical Of up
to-date apartment house construction. The
CRYSTAL firm heretofore has confined its
structural activities 70 this character Of
construction and has not decided how il
will improve the property Just purchased
Euclid Hall the large seven story apart
ment house covering the block front on the
westerly side Of Broadway. between S5th
and Ssth streets has been sold. The struct-
uro was owned by Hyman and Henry SOM
and others composing the Euclid Han
Company. which acquired the property in
December. 1906. from Isaac H. Clothier. Of
Philadelphia The property was held at
sllcoc0o. and covers a plot fronting 20lo
feet in Broadway. 1876 feet in S6th street
and lo5 feet in S5th street. and is directly
opposite Breton Hall, which occupies the
Broadway block opposite.
RhineIander Sells Big Plot.
An interesting sale in the Times Square
section was the selling Of the Philip Rhine
lander holdings AT no. l24 10 12S West 45th
street The property consists Of three. four
and five story buildings on plot SIS by 1903
feet. about midway between Broadway and
Sixth avenue The buyer plans To erect a
new structure on the property The site
abuts the Gerard Hotel and is - feet
east Of the Hudson Theatre Dagonally
opuosite the Rhinelander property IS the
new twelve story office structure known As
the Forthwith Street Exchange which ad-
toins on the east the new LyCeum Theatre.
The RhineIander family acquired the
prorerty in April 1894. from three different
Interests for a stated consideration Of &N.-
on They have been holding the property
AT yqo Or). and the selling price is said TO
he close 10 that figure. y. A. Berwin &
Co we're the brokers in the transaction.
BUYS Row Of Bronx Houses.
group of recently erected apartment
houses in The Bronx has been purchased
bv we'll known business man Of this city.
The purchase which was negotiated by
Arnold Rvrne & Baumann. affects the six
i've story triple fathouses known a. Nos.
1na. 1904 lO06 1912 1o6 and lo2o Simpson
street. covering a plot 2io by 100 feet. the
houses were resold for Louis Bernstein
who purchased them 4 few months ago
through the same brokers from Henry
Corn. who acquired them in trade Tor
loft building in the midtown section, with
the American Real Estate Company
G. ~ Davis. the lessee of the Hotel -.
Andrew. AZ Broadway and 72d street IS the
purchaser Of that property from Klein q
Jackson The details Of the resale of the
rrorcrtv were told in yesterdays Tribune