New-York tribune., 1912-01-09

The Fifth avenue section furnished the
chief transaction in the real estate market
yesterday-one that will result in the ere'-
ton of big commercial building. Mrs blE-
abeth NJ. Anderson added to her holdings III
East 9th street by the purchase Of the
private stable property No. II, which mas
been on the market for several years the
owners, the Lewis estate, also haVihs
placed at the disposal of buyers at the
same time the large vacant plot at inc
northeast corner of Fifth avenue and Sun
street directly opposite Tiffany's establish
ment.
Mrs Anderson purchased the stable pIot'
which measures 3LSx9S9 feet, through inc
Cross & Brown Company from Henry n
Tiff attorney for the Lewis heirs, paying
$4,000, the plot having been held at NSo'-
900. She owns the adjoining lot NO D.
being 22x9S.9 feet, and tho two properties
comprising an area of about 5lX9S.9 leet'
have been practically leased for n period
of twenty years, with one renewal Tor
similar term, to n syndicate which has In
View the Improvement Of the site with
twelve story commercial structure
Several apartment houses are to be bui't
in the Washington Heights section as th9
result of a sale made by the New YORK
Real Estate Security Company The com
pany has disposed of a plot of about sew
enteen lots, extending from Broadway 10
Wadsworth avenue, about sixty feet north
of lS5th street, fronting 80 feet In Broad
way and 154 feet in Wadsworth avenue
and having a depth of about S2j feet.
The buyer is the Welfare Realty and
Construction Company, which acquired
these lots in part payment for the irving
Arms, seven story apartment mousse at
the north corner OF 9th street and River
side Drive, tho purchase OF which by the
New York Real Estate Security Company
through the McVickar. Gaillard Realty
Company, was reported last week
Percy Williams has practically obtained
long lease of the southwest corner or AM
sterdam avenue and 93d street portion OF
the square block owned by william "ai-
dorf Astor for the purpose or erectnB 1"
new theatre. Plans are being prepared lo'
a structure which will provide seatihS
capacity of 1900 or 1000. The theatre MT
Williams says. will be devoted strictly 10
the presentation OF stock productions AT
nominal prices, and he believes that the
stock theatre IS destined to replace NOV
ing picture shows IN certain neighborhoods
Edward l.. King & Co. have sold for the
Bennett estate and the Sawyer estate re-
spectively, to Irving i. Kempner NOS 80
and 80 West 18th street, two four story
dwelling houses on plot 50xlOO feet. Ihe
properties have been in possession OF the
respective families for more than hIty
wears. II is said that negotiations are
under way which may result In the resale
OF the property to n builder for improve
ment. Adjoining the site just sold on the
west. at No. 10 10 IS. the Building and En-
gineer'ng Company is erecting twelve
story commercial structure on plot lO5.9N
9s9 feet.
Plans have been fled for making over
the five story private dwelling house ot
Arthur II. Masten. on the south side OF
18th street, l25 feet east OF Madison ave
nue.. The changes consist Of building a
two story rear extension, removing the
high stoop and Installing an electric ele-
yator, at n total cost OF 5000, crow
Lewis & Wickenhoefer are the architects.