New-York tribune., 1912-02-04

English basement dwelling house No. 16
East 18th street from Mrs Sidney Dillon
Ripley on learning that business wanted
the Madison avenue block front
The southwest corner of 4Sth street and
Madison avenue has been sold several
times in the last six months. In the last
transaction the sum paid for the property
was said 10 have established a new high
record price for property in the district.
In Uptown Zones.
TWO important uptown transactions last
week were the sale Of the dwelling house.
No. 70 West dth street. and of another
dwelling house, No IA West 6Sth street.
The 54th street house was disposed Of by
Mooyer & Marston for the Francis 5. Kin
ney estate at a little more than S200,000.
The house, No. "A West 6Sth street, was
sold by B. Davis for William d. Baldwin,
president of the Otis Elevator Company,
TO Bing e. Bing 1t was held at $4,000.
While the dwelling itself is only about
% feet wide, il stands on a plot with
frontage of So feet, adjoining the Second
Church Of Christ. Scientist. on the Central
Park West corner. thus enjoying fine side
light Mr.. Baldwin owned the house for
about twelve years.
It is understood that Bing & Bing will
resell the property. probably to a builder.
May Irwin owns the adjoining house, No.
16 West 6Sth street.
sale involving nearly 100000 and az
fecting property in this city and Chicago
was also made last week. The twelve story
loft building Nos. 30 and 80 West 2ith street
in the rear Of the famous old Schermerhorn
mansion on 23d street, opposite Stern Broth
ers' store, is the New York property. The
Chicago property is a row of vacant lots
extending from No. 23Ol to 23O9 Indiana ave-
Hue
This property was given by Mrs. Julia II.
Boisse in part payment for the loft build
ing. which was only recently erected by the
Marmac Construction Company, and was
valued by the company at $4,000. Pease &
Gilman, the brokers In the trade, quickly
resold the Chicago plot.
The Douglas Robinson, Charles S. Brown
Company in conjunction with the Charles
F. Noyes Company, sold last week for the
estate Of Peter Lorillard No. 113 Worth
street, extending to Catherine Lane, five
story basement and sub-cellar building,
covering a lot 25x93 feet. The building is
leased 10 E. II. Hamilton & Co. until May 1.
1913. The property is assessed on the tax
books at S63 900. 1t was held at $4,000. The
property has considerable intrinsic value,
as 1t adjoins the Smith-Hogg building. oc-
cupying the block front on Lafayette street
from Worth street to the lane. The prop
erty is opposite the New York Life lnsur-
ance Company's building. extending from
Broadway to Lafayette street The pur-
chaser is q client Of the Charles +. Noyes
Company.
Klein & Jackson are TO improve the block
front on the west side of Fourth avenue
from 2oth to 21st street with two struct-
ures. for the occupancy Of the silk import
ing commission houses Of L. F. Dommerich
& Co. and Peirels, Buhler & Co.
Plans for the structures are being pre-
pared by Rouse & Goldstone, and their
completion will modernize the whole west
side Of the avenue from 18th 10 23d street,
with the exception of a group of small
buildings adjoining the Bank for Savings.
at the southwest corner OF 22d street
On the Hst street corner will be built an
eight story structure for Peirels Buhler &
Co, and l.. T. Dommerlch & Co. Will oc-
cupy a twelve story building on the 10Th
street corner.
Some sales OF large parcels in The Bronx
have recently been reported. Last week a
new owner was found for the block front
facing the Heine monument on the east
side Of the Concourse. between 1Slst and
162d streets. at the lower end Of the big
driveway. The plot contains approximately
twenty-four lots. and has frontage Of go
feet on the Concourse, pa feet on l6lst
street and about 245 feet on 162d street. Tie
sale was made by Richard Il. Scobie for
Elizabeth and Nellie McCafferty, Frank {.
Ruckho,it and Mary s Mcdonald