New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-12-16
ANOTHER LOFT SITE FOR FOURTH AVE.
arue Parcel at Southwest Corner of 30h Street Purchased for
Twelve Story Structure.
FIVE STORY BUILDINGS IN BROAD ST. REPORTED SOLE

A new loft building TO the Fourth ave-
nue. colony will be the outcome or sale
negotiated by Moore & Wyckoff yesterday.
These brokers resold for Irons & Todd the
property at the southwest corner of Fourth
avenue and 3Oth street, n parcel measuring
eOxlOO feet. known as No. 434 TO 40 Fourth
avenue and No. IS to 81 East Sotb street.
The property was purchased by the Swan
Brown Company clients OF Winston II.
Hagen. The sellers acquired the parcel
from the Willard Parker estate last spring.
The new owners are having plans prepared
for the construction OF twelve story loft
building. which will be ready for occu-
pancy by next December.
Moore & Wyckoff have leased the store
and basement and several loft In the pro-
posed building for term OF years to Pas
savant & Co. silk commission merchants
aid mercantile bankers who have been
located In the downtown wholesale dry
goods centre for ffty-nine years.
The structure will be dagonally opposite
the new home Of Dodd, Mead & Co.. and In
a section which has furnished a number Of
big operations during the last two years.
On the blocL TO the north. at the south
west corner of Fourth avenue and 3lst
street, is the White House. twelve story
/ structure finished this year and housing
several big mercantile concerns. The Nor
rel property, ll5.l0XS3.S feet, at the south
west corner of Fourth avenue and SOD
street, was purchased in September by
Roswell F. Easton and Adm G. Pierce for
improvement with a tall loft structure.
1t was reported in real estate circles that
the properties at Nos l02 and lO4 Broad
street two FIVE story business buildings.
covering a plot at the southwest corner of
Pearl street, fronting 55.S feet in Broad
street and 1873 feet in Pearl street, have
been sold. The plot is owned by William
Whiting and Richard n. Winfield. who are
understood to have jointly sold for figure
around $4,000 to the Leon Realty Company,
which owns the next buildings, Nos. lOS and
los. member of the company denied the
purchase.
Cohan & Harris are about to start a new
theatre project in The Bronx. The new
house will be at Third avenue, l49th street
and Westchester avenues, 15Ox30O feet The
building will be erected by Henry Morgen-
than and leased to Cohan e. Harris for
twenty-one yea ) at a total rental OF $685.
OO Edward Margolies negotiated the lease.
The theatre will seat 1900 persons.
A n. Gitterman has sold for the Hudson
Terrace Realty Company John V. Signell
PRESIDENT the Marble Hill apartments. a
six story elevator building, at the southeast
corner of 225th street and Marble Hill ave-
nue.. on plot 66.2Xll7X irregular. The build
ing, which was finished less than a year
ago, contains forty-one apartments and
four stores. The broker reports that the
property has been held at $4,000. The house
Is the largest in the Marble Hill section.
It was reported yesterday that Carne-
gle library Will shortly be erected on the
middle West Side. The site is said TO be
one recently sold by Michael Natal, at Nos.
457 and 459 West 10th street px929 feet. adj
joining the northeast corner Of Tenth ave
nue.. The sale of the property was reported
in The Tribune on Sunday