New-York tribune., 1912-01-04

The McVickar. Gaillard Realty Company
has sold for the Welfare Realty and Con-
struction Company. OF which Joseph Freed
man is president, the seven-story freprool
elevator apartment house known as the lr'-
ING Arms. at the northeast corner Of RiV-
ery,de Drive and 94th street, on plot 76xlS'
feet The bryer is the New York Real Es-
tate Security Company. While the pur-
chase price is not given, 1t Is understoo"
the house was held at $i25,OCo.
The land was bought by Mr.. Freedman
from Charles T. Barney in 1891. The pianS
for the building were filed by HenrS -.
Pelton. architect, who Estimated 'h' 10
at about $4,000. The New York Keal rs
tate Security Company bought last 'uiS
from Paterno Brothers the Stadium Nle"'
two twelve-story houses each occupying
frontage Of about sixty feet in Riverslue
Drive, just north of 1l6th street In &c
tober they took title TO the Concord nan
apartments, at No. 46S Riverside Drive AZ
the southeast corner Of 1lsth street. 1he
company also owns the twenty-story build
ing at No 10 Broadway; group OF apart
rnent houses at No. IS TO q East "'h
street. near Park avenue, and several large
vacant parcels at st. Nicholas and Wads-
worth avenues 1S5th and lS6th streets.
joseph L. Graf, a well known wholesale
hair merchant. has purchased from Elmer
a. Darling the FIVE old buildings Nos. il"
11a. 121, 123 and 125 West oath street near
Sixth avenue, on a plot 10OXll5 feet MI
Graf has given in part payment No. NJ
broadway, a five-story business builnnS
on a lot 25xl00 feet now occupied nv MI
Graf Negotiations are now pendms 10
improve the oath street property with
twelve-story loft building Of the latest ana
most modern type. j. & A. Pincus rep
resented Mr.. Graf. Frost. Palmer u CO
and g B. Goodale & Perry represented MT
Darling in the transaction, which lnvoiNes
$4,000.
The northwest corner of New Chambers
and Cherry streets. at the junction oil
James slip, has been bought by the Hu-
doiph Wallach Company from the estate
of Samuel F. Jarvis. William II. Barnum
being the executor. The property is known
as No. 90 to "a New Chambers street and
No. 70 to "A Cherry street, and has 'front.'
ages of 1S5 and 551 feet, respectively anu
for half a century has been owned by the
Jarvis family. The parcel is triangular In
shane. with rear line of 6l,S feet ana Is
improved with a two-story building.
plans are being prepared by Thomas w.
Lamb for a Jewish theatre to he erected
at the southwest corner Of Houston ana
Chrystie streets by the Minsker Realty
Company IT will be eight stories high ana
cover plot 1O0x165 feet and has been leased
10 a Jewish theatrical combination for
farm of twenty-One years. The theatre
will have seating capacity Of 2,OJO and
The roof garden about 800. The demainedr
of the building will be devoted to offices.
Negotiations are said TO be pending Tor
the sale by Revil1on Freres of their
lease of the Revillon building, at NO.
II and 10 West a4th street, extending
through Nos. 30 and % West 35th street.
The site is improved with an eleven story
building, and has a frontage Of 90 feet on
3ith street and 40 feet on 35th street. 1t
was erected by DIR. II. p. Loomis for Re-
villon FTeres.
A demolition permit has been issued for
taking down the four story building occu-
pying the block bounded by Madison ave-
nue., 43d and 44th streets and Vanderbilt
avenue which has been used as post
office and offices of the New York Central
Railroad Company for many years. 1t is
one of the few remaining buildings to be
raZed to make room for the new station
building of the railroad