New-York tribune., 1912-01-28
O O WH1NEYS BIRTHDAY TALLER LOFT BUILDINGS
A 20 Story Structure Planned
for Midtown Site.

The drawing power Of the street arteries
Of the Fifth avenue shopping district and
uDper sixth avenue was a feature OF the
trading in The real estate market last week.
Judson s. Todd found a buyer for the
plot No. G3 to 81 West 3Sth street, extend
ing to and including Nos. G2 and g. West
seth street, which he bought about two
weeks ago. The new buyer was said to be
builder who will put up twenty story
loft building on the site. The plot fronts
sis feet in 3Sth street and 46.S feet in
39th street.
Mr.. Todd is said to have paid about ST.
600 a front foot for the property, which he
bought from various owners. The plot is
from IS to 100 feet east OF Sixth avenue
and is covered with five four story and
basement dwelling houses.
! The proposed structure viii be two stories
! lower than the Browning Building. I'm S6th
street, which is the talleSt loft building in
the world.
A tall loft building is also to go Up in
East 37th street within q short distance OF
the homes Of J. Pierpont Morgan. George F.
| Baker. Charles Lanier and others in the
Murray Hill district, who have fought for
years the advance OF trade toward their
houses.
It will occupy the premises Nos. and
| II East 37th street, owned by Mrs. Eliza
beth NJ. Anderson, who leased the site last
week through Mccarthy & Fellows, Frank
d. WELLER and Hayes & Robertson to a
company recently formed under the title Of
the and II East 97th Street Company.
The lease is for a term of twenty-one
years, and carries a renewal privilege, the
rental aggregating more than 100000 for
the use Of the land, which is 53.1OxlOO1l
feet
The lessees will erect on the site
| twelve story store and loft building OF
| the most modern type from plans by
| MuIliken & Moeller. Negotiations are now
pending for leasing the entire structure to
/ one tenant for long term.
Mrs. Anderson owned No. for many
years and recently acquired No. II from
the Lewis estate for $4,000. She also
owns Nos and 5 East 37th street to-
cether with No. 4l5 Fifth avenue form
ing an 81" which surrounds the north
east corner Of Fifth avenue and 37th
street, owned by the Lewis estate. Mrs.
: Anderson also owns the ground at the
southeast corner Of Fifth avenue and SSth
street. on which stands the Bonwit-Teller
| building.
! The Evert Jansen Wendell property, at
| No. East 37th street and No. East
/ 3Sth street, adjoining the parcel just
leased. was recently sold to a buyer who
contemplates erecting building on the
site for his own occupancy.
II was also learned last week that
! Elisha b. Springs had changed his plans
for improving the premises No 20 to SO
West 3Sth street He intended TO improve
| Nos. 81 and SO with a twelve story build
ing. and plans were filed for a six story
loft building for No. %. The whole plot
will now be improved with a sixteen story
loft structure from plans by Hazard.
Erskine & Black, and Tucker, Speyers &
Co, the agents, have practically leased the
four lower floors Of the proposed struct-
ure to a prominent mercantile firm for a
long term OF years.
One Of the principal transactions last
week in the West Side north of 59th street
was the sale by Frederick Zittel & Sons
to the estate Of Frederick 3. Taylor for
the North Holding Company, Harry B.
Mulliken, president, of the Runoia, No 267
West S9th street, a new eight story fire.
proof apartment house, on plot Ioxloo
feet. the same being held at S35O,OOo The
! North Holding Company took in part pay-'
ment the Arleigh, No. $50 West il5th
! street. six story elevator apartment
house, on a plot 75x10O feet, which was
held at s1S0,OO0