New-York tribune., 1912-03-13

Tho sale of a large loft building in the
Washington SQUARE section furnished the
chief transaction in the real estate market
yesterday. The building is twelve story
structure at Nos Is and 30 East loth
street, and was purchased by the Brown
Realty Company from Annie G. Bouillon'
1t adjons the University Place Presoy-
terian Church and has been held al
100000.
In exchange for the property 1t rs I'M
derstood that the Brown Realty Company
gave the Melrose apartments, two seven
story elevator structures at the north-
west corner Of Central Park West ana
1OSth street, on plot 10O.1lx1o0 feet.
II was somewhat of a dull day in the
real estate market Another sale of in
terest announced was that by Arnold,
Ryrne & Baumann who sold for Lowen-
field G. Prayer to an investor Nos. 232 and
234 West 1l6th street, a two story postoffice
building, on plot 50XlOO feet. The sellers
purchased the site about nine months ago
from Ferdinand Kurtzman and erected the
building, which they leased to the govern
ment for ten years.
The Scheer-Ginsburg Construction Com
pany has sold st. James Palace, six
story elevator apartment house, on a plot
10Ox100 feet, at Nos. 543 and 5i5 West 146th
street, between Broadway and Amsterdam
avenue. The buyer is John II. Bodine, who
gives in part payment the plot. l&5xlc9 feet,
on the north side of 10th street, $50 feet
east of Lenox avenue.
Ennis & Sinnott have resold to George
No Ciytb oyopYa story
building, on a lot 22x599 feet. adjoining
the northeast corner of 4Sth street. Maui
rice W. Halpin was the broker. Ennis &
Sinnott bought the property last month
through Mooyer & Marston.
Plans are being drawn by Craig Sever
ance for twelve story hotel to be erected
at No. 29i Riverside Drive for the estate
of Clara NJ. Baumgarten. which has prac-
tlcally closed negotiations to lease this
property for a term of twenty-one years
with two renewals, upon completion Of the
intended Improvement The building will
| be of brick, with a FACADE of brick. with
| trimmings of Indiana limestone. the cost
| being estimated at about 10000. The
plot on which the hotel is TO be erect
ed is an exceptionally small one, hav-
| ing a frontage of 25.7 feet and depth Of
1917 feet. It is favored with unusual con-
| citions for the preservation Of the light on
| all sides for an inside lot.
A large crowd was in attendance at the
| auction sales yesterday, the principal of
fering being the northwest corner of
Broadway and 50th street. and two adjoin-
ing parcels, Nos. 2lO and 212 West 5Oth
street. Bidding for this property was
started by Adolph Block at $4,000. and
after score or more of bids. was knocked
down for S59SOO0 TO George Crawford
party in interest. For the estate Of r. F.
Dietz, Joseph p. Day sold No. 12 West
4Sth street. for 1880, TO the Ess Eff
Realty Company. and No. rs West 50th
street, for S22600, to James J. Sullivan.
For the estate of Mary Marin, the north
east corner Of Prince and Elizabeth streets
was sold to David Baum for 67, ,25o.
Plans have been filed for a one story
fireproof gymnasium. to be built on the
northwest corner of Claremont avenue and
10th street. for the Theological Seminary
1t will have frontage of 1886 feet on the
avenue by 53.6 feet in the street The IA
cade will be of stone, in the Gothic style
of architecture Louis f. Jalade, archi-
tect has estimated the cost at $4,000. The
property is owned by W. w. Carman.
Plans have also been filed for~ the con-
struction of three story church and par
ish school for ST. Clemens Church, of
which the Rev. DR.. Joseph Letanche Is
pastor. The new edifce will be a fireproof
structure in the Gothic style of architect
ure, with a frontage of 546 feet and a
depth Of 9210 feet, with an extension. In
the basement will be large assembly hall.
with a stage at one end. The church
proper will occupy the first and choir floor
On the second floor will be classrooms.
while the third story will contain rec
reation room. chapel, large dormitory,
kitchen and a dining room. The architect,
+. j. Schwarz, of Paterson. N j., has es-
timated the cost at $500.
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