New-York tribune., 1912-02-24

=, g. T. Hess represented by John W.
Haliner, have leased for Mrs. Jennie beaci'
and Frederick G. Beach the properly a'
Nos. 114, 116, 11S and 12O East zSu street
on a Mot 10Ox9s.9 feet, extending through
ord Including Nos. 113 and 115 and ll9
e.. ood street q plot 75xss.9 feet, max
ins IN all a plot containing 1880 square
Zoe, ~ the IA East sd Street Company.
rh, Lease js for a term OF 105 years from
Nav 1. 1912. with reappraisals as TO rentals
at the end OF each twenty y-one-year pe'iou
The aggregate rental to be paid curing 'l'e
first twenty-one years amounts 10 sl'E'V'
coo. .ho
The lessee will, on May next rae the
nresent buildings and erect 8 twelve stolS
ard basement modern freproof mercanule
building covering the entire plot whlch
will be ready for possession Januar! l.
,o19 The structure will contain all modern
,r,rrovements as we'll as being equipped
,,Ith ,no ner cent sprinkler system. The
building will also have exceptional hsht
facilities and also have the beneht OF Ihe
.h,,ring being done from 22d street lhe
aggregate investment involves Sl'Soo,OOo'
The close proximity Of this plot TO Fourth
avenue practically includes 1t IN TINS 1one'
and marks the further development Oh the
section IN progress with the upward trenu
] of business. r
| Tho Douelas Robinson. Charles S. Brown
Comnanv has sold for the Callahan estate
renresented by Lawrence NJ. D. Mcguire
the southwest corner OF Hester and tiiza-
| beth streets, plot 65xloo feeI WIN o''
| buildings.
The purchaser the Childrens Alu So
cia,v is now at No. 1S5 Worth street its
present location being In the new CIVIC
centre. which property is to be acquired oy
the city for the new courthouse. IL IN
tend 10 demolish the present ouiidins on
their new site at once and erect ne"
eight story school TO take the place OF the
one now occupied by it.
Arnold, Byrne & Baumann have sold TOT
| Charles Her sic TO an estate for investment
the six story elevator apartment mousse
with stores. at the northeast corner OF
Broadway and Manhattan street. occupying
a plot about three lots. II fronts lZS rect
in Broadway and & feet In Manhattan
street. and Is irregular at the rear. Inc
house was built by Mr.. Hensle about nve
years ago and has been held at Ni5,UU'
Another removal OF a dressmahng con-
/ Germ TO the side blocks OF the Fifth avenue
section north of 45th street is Indicated IN
tbe purchase of the dwelling house at NO.
os East 18th street, southwest corner OF
Madison avenue This property, comprising
a four story and basement dwelling house.
on a plot 206xSO feet, was bought by Mrs.
Charlotte Weatherly through the Taylor
sherman Company from Dr. Frederic D
Dennis, who valued II at NS,cO' Mrs
Weatberly recently sold the property NO
| ns Madison avenue. in which she had her
shop. to James A. Farley for about FlZ0'V''
| through Pease & Gilman.
| Herbert A. Sherman sold at auction yes
terday in The Bronx salesroom numoer
of parcels belonging to the Weber estate
The property was offered In foreclosure pro-
ceedings, and was put up under two diiter-
emf actions Interested parties secured most
| NJ the propertIes. An outside buyer vas
Marie MacLean, who purchased NO. lsS
Rider avenue. a vacant lot, &xlOo Feet LOT
ss 2co Mrs. MacLean owns adjoining prop
! erty.
Plans have been hied for making over
the old Vanderbilt Hotel. at Lexington ave-
ME. 42d street and 43d street, into an once
and store building for former Senator VIII
lam II. Reynolds. AT a cost of $500 Henry
| p Kirhy and John J. Petit are the archi-
! t4cts. Mr.. Reynolds obtained twenty one
wear lease OF the property last year from
| the trustees OF Cooper Union. owners or the
botnl