New-York tribune., 1912-01-18

The new art centre in the northerly part
Of the Fifth avenue shopping district lS W
he enlarged as a result Of the recent sale
Of No. l2 East 57th street, a fve-story
dwelling house. on lot 25x1OO.5 feet. The
57th street house was sold last week oy
Frank y. WELLER for the estate OF Eliza
beth p. Earle for about $4,000
II was learned yesterday that the buyer
Is the art firm Of Durand-Ruel. The con-
Germ has commissioned an architect to
change the premises into a twelve-story
structure suitable for the exhibition of art
goods. 1t is expected that the building VIII
be ready for occupancy in the late spring
About three years ago some we'll known
art firms removed from the lower section
Of central Fifth avenue to the st. Regis
mart of the avenue at 18th street since
then the colony has been increasing at
rapid rate, and recently II was reported
that Ex-Governor Levi ?. Morton ana
Henry NJ Flagler would place their dwell
ing house properties in the market for sale
or lease to retail business houses. They
were positIve, 1t was said. that the home
charms of the district would soon be seri-
ously affected by big business BUILDINGS
which actuated them to find modern homes
for themselves in the more northerly sec
lion Of the avenue before retail business
got more sites in the residential district
lust north of St Patrick's Cathedral.
The proposed new home for the art hrm
~ Dnrand-Ruel will be a few doors cast
Of the Huntington House, at the south
east corner of 57th street and Flith ave-
nue., and diagonally opposite the Nahue' ,
bilt house, at the northwest CoIIo' VI
57th street and Fifth avenue. Nlthih "'I
last four years about ten dwelhhG ho"9'
properties in 9th street, between Mau'soi'
and Seventh avenues, have passed INTO me
hands Of retail firms, and retail bus'hoS7
has now a secure grasp on this big cross
etraat Of the city. which, according 70
Harry NIorpenthau and other large prop
or,,. owners is destined TO be one OF tho
mast valuable retail shopping centres CT
the greater city. About month ago '"e
prenises No 10 East 57th street 'oui
story dwelling house adjoining the DuT@hU-
RuoI property was sold for William H.
Iviucov Of the Public Service Comnis-
sion. TO the T. NJ & J. NJ. Fox company
dealers In dress goods, which DoushI '"o
nremises for it's own business
Tho old home of the Durand-Ruel' at
No Z West 3Sth street. adjoining the Sto'e
~ Pest G. Co. together with the premises
No and West 3Sth street, were re-
contlv leased for a long term by the Astor
ostote IN the Brunswick Realty Company
4 twelve-story building is to be ersC''i
on the 3Sth street plot, and the art hrih
had TO provide a new home Tor ltseH'
Mot in the lower section OF the CITY
70 change ownership was that at no. D.
South street On tho property is HNe-
story mercantile building on lot Z'4XS'o
feet It was sold by Herbert A sherman
for Henry w. Hayden. as executor 10
buver whose name was not given
( Albert. of Platt & Albert. has sold 10
the Thomas Construction Company t"r
John Schreyer a plot Is feet south oil l'o'h
street on the east side OF Third avenue
sov11e feet. The company will erect TWO
ave-story apartment houses with stores
plans have also been filed for building
q four-story dormitory for male help on
RIackwelrs Island in connection with inc
,CotronoIit,n Hospital. 1t will have
frontage Of 3 feet and depth OF % feot
a iii no constructed OF the same ma
torial as the other buildings on the isIahd
and 10 conform with the general li0"'
tcctural design. It is estimated 10 cost
s1Oo 600. also for a three-story dorHI'oi!
for female help on Blackwells island III
connection with the city Hospital IL VIII
have frontage Of 100 feet and depth "l
% feet and will be Of % same cohsuuO-
,ion as the other. Both buildings are uo-
signed 10 be hreproof. This one has ne"
estimated 10 cost $1,000