New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-07-14

Little trading in the real estate market
was reported yesterday. The chief trans
action involved two recently completed
apartment houses In Riverside Drive, just
north of 10th street. which we're sold Tor
$4,000
This transaction was negotiated by the
McVickar. Gaillard Realty Company ana
Slawson e. Hobbs. who sold for Palermo
Brothers. a corporation, OF which joseph
Palermo is president and treasurer. the
Stadium View and the Shore View, at NOS
AS and AS Riverside Drive. both twelve
stories high, the Stadium View occupying
a plot 5S.9x123x irregular and the SHORE
View a plot Of the same frontage ana 100
feet IN depth
The purchase was made by the New
York Real Estate Security Company WHICH,
II will be recalled, recently Increased us
extensive holdings OF New York realty pS
the purchase of three apartment houses
in nth street. east of Madison avenue
IL is perhaps, of interest TO note as
showing the demand for desirable apart
ment properties. that with the sale OF the
above houses Palermo Brothers, VINO nave
built I'm the last eighteen months ABOUT
eight houses. ranging from eight to tweiVe
stories, on Cathedral Heights, In the VI
cinity Of the holdings of Columbia UNI
versity have profitably marketed all their
holdings. with the exception or the Coh-
scum. at 1l6th street and Riverside Drl'e'
and the Sophomore. at No. Clarehoht
avenue.
w T. e. W. I. Brown, Inc, sold for the
Concourse Investing Company the olocK
Of
Sherman avenue TO Sheridan avenue
William Wells Bosworth has drawn pianS
for the lighthouse" to be erected at NOS
III and 1l3 East seth street Tor the ne"
York Association for the Blind. II VIII De
six story structure, costing In the helsh-
borhood Of 100000 Besides a swimming
moi gymnasium and a large auditorium
there will be, among other features rooi
garden, equipped with q running track Ue
tvoen wires. so that the blind athletes VIII
not run of the roof
All details have been arranged TOT the
erection Of a theatre, roof garoeh' O"li
room. etc. at Fifth avenue and 4lotn street
The proiect involves the large plot at tue
northwest corner Of these thoroughlareS
together with an abutting plot 4oA'S ie''
in 111th street, 100 feet west or filth ave
nue. which was purchased by bdwaru
Friedman at the recent auction sale OF tie
p,nckney estate holdings conducted oy 'o-
seph p. Day The property has no" oeeh
leased by Mr. Friedman to the newly
formed olympic Leasing Company lot d
term OF twenty-one years. WORK on 'ne
structure will be started Immediately, ana
u is expected to have It ready early III
the fall. .-,,o,ior
plans have been filed for the CONSTRUCTOR
Of a four story convent and stable OIL ''.e
north side of lS9th street. 200 feet west ol
Rroadway extending through 10 I4O''
erect for the Novitiato st. Regis Convent
II will have frontage Of % feet IN eST'
street. with an entire depth OF 2" iSe'' -
viii have a FACADE of brick. with marpio
coming with a large cross WORKED IN 'ie nv
tr,cx work on the side. The stable VIII 20
:, the rear. The St Regis Rouse ""1
founded as a home for friendiess siriS w
the late Mayor Grace. According 10 INC
ost,,nate Of the architect, Joseph H. M
CURE. II will cost $4,000.