New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-02

Honor & Co Inc have sold for " I"
Autenrieth the property on Northern ave
nue.. north of 1Slst street. II IS 4 plot "a"
by 2ls feet and adjoins the James Gordon
Bennett property on the north. The buyer
has purchased this property for investment
purposes
A twelve story apartment house IS To he
erected by the newly formed Odell-Town-
send Company at the northeast corner of
West End avenue and 9lst street The pro
posed building will take the place of 4
five story apartment house built by John
II. Odell less than twenty-five years ago
as well as the site of the old Jauncey
farmhouse. the two comprising plot
fronting about - feet on the avenue and
100 feet on the street This plot includes
one half Of the bed Of Iauncey's Lane
which has remained in practically the
same shape as when the upper part OF the
CITY was under cultivation.
The lane has a width OF - feet, and eN-
tends from the westerly side Of the former
RIoomiugdale Road, westerly from dis
lance about 122 feet east % Broadway to
the bluff forming the westerly side oi
Riverside Park overlooking the tracks oI
the New York Central Railroad. WIN
the exception of the section Of the lane TO
the east of the east side of Broadway,
on which there we're erected a brick dwell
ing house and rear building of frame, the
project of the Odell-TOwnFend Company
will ne the first use for building made of
the bed of the lane. which has long been
a subject Of contention by neighborins
property owners when the question Of titles
f,.y hn mn
being prepared by Townsend, Steinle IL
Haskell
The announcement Yesterday OF the pui-
chase by an investor of the lease OF
prominent 3ith street property ioreshah-
ows an important building project Tor uiS
street i'm the near future. The property al
fected is the six story building. on plot
2jxI96 feet at No II West, between the
McCreery and Riker buildings
In 1903 Nathan and Rose Schneider and
Edward and Hugo kupfer took "a lease "i
the property for a term Of tWen'y-on'
wears. at yearly rental of $4,000. The I'M
expired term of this lease which Is eigh-
teen years. has just been bought by lgnace
Anfel for an investor. for something
over $1,000
y
give mo- further details Of the transaction
for the present but expected to max" an
interesting announcement in rev daE"'
He admitted. however, that he expected
to get additional adjoining property ana
that large building project was contem-
plated for the entire site.
The signing Of contracts Tor the sale ~
the five story tenement houSc. on lot 2'X''
feet. at no. 81 West 99th street viii marx
the fifth change OF ownership in this prop
crtv within the last five weeks.
on May - f. J. Sheridan bought the
property from j. f. Mexican. tn" cousid-
Grafton iu this transaction was not mem
toned Less than a month later Mr.. Sh"ri-
dan r,sold it 10 Harris and Maurice Man
dclbarrn for $3.50 The Mand"lhaums. tN"
DAYS later. turrcd il over to Leonard Welt
for $500 Yesterday a. was learned thdt
Mr.. Well had again resold ID" property
for 5000 10 am investor who is also SAID 10
have rcSold il for S2l,"o. The house Is &C.
cupicd exclusively 10y negroes. Tn" hgur'S
quoted were furnished by one Of III" sellers