New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-07
EIGHT STORY APARTMENT HOUSE SOLD
Robert Hoe Estate Dsposes tn Schuyler Arms in 98h Street.
Near West End Avenue
BUY FOURTH AVENUE PARCEL FOR NEW LOFT SITE

The Robert Hoe estate hos sold the Schuy-
Ter Arms. an eight story apartment house 1T
No COS TO 81 West 9Sth street. on plot 12Ox
1O0ll feet, so feet west OF West End avenue.
The property was held at $4,000. The
house was erected about ten years ago.
and was purchased by the late Robert Hoe
in 1905 from William II. Beard. 1t is as
sessed by the city at $4,000. The present
purchaser is represented by II. De Wight
Luce, president of the Bontempi Rustproof-
ing Company.
The Realty Holding Company On. j. and
r. II. Hess) purchased from Mrs. Almy g.
Gallatin the two three story buildings Nos.
800 and 33l Fourth avenue, on a plot 3S.9N
Sc feet, between 24th and 9th streets. The
buyers contemplate improving the property
when the present leases expire with
twelve story loft building. The Cruikshank
Company was the broker in the transact
ton.
The property had been in the possession
of the selling family for over half a CEN
fury. This is the second recent purchase
on Fourth avenue by the Realty Holding
Company. The other transaction involved
the group OF old buildings at the northwest
corner of 18th street. which was secured
from the Rodisi Holding Company.
The Central Trust Company has agreed
to lease the corner store and an adjoining
one in the proposed twenty story building
to be erected by a syndicate organized by
Frederick Johnson at the southwest corner
of Madison avenue and 42d street, for ten
years, at a rental graduating from $4,000
70 $4,000 a year.
Plans for a new theatre have been pre-
pared for erection on the property No. 90
TO o5s West 18th street. which was recently
heralded as the site to be occupied by
new building for q daily newspaper. The
whole parcel, comprising sixteen private
dwellings was leased from the Astor estate
by a newly formed company, of which Will
lam Klein, attorney for the Shuberts, is
director as well as the attorney. The
houses No 926 TO 80 were subleased from
Edward Narcotics. who held lease from
the Astors. OF this property about 40 feet
will be utilized for the proposed theatre,
and the remainder will be used tor hlgh
o grade restaurant or some similar form OF
business Improvement. Mr.. Klein declined
TO disclose the personnel of the corpora
ton or for whom the theatre Will be bullt.
Lee Shubert dlsclaimed any connection with
the enterprise.
Plans have been FLED for the construction
of d twenty-five story loft building on the
north side of 10th street go feet west CT
Sixth avenue and extending through the
block 70 the south side Of 41st street II
will have u frontage of 1876 feet In the
former and go feet in the latter street ana
will be fireproof. The West 10th and 4Ist
Streets Company is the owner OF record
The cost has been placed at S,2o'VU u!
the architects, Maynicke & FRANKIE.
Plans have also been filed for ehureg
remodeuing the interior Of the tve story
house at No go West s4th street and en-
larging il by building rear and size
extension for use as a bowling alley III
the cellar, for the West Side Republican
club, lessees The building is owned by
Frederick P. Foster Walker d Chichester
architects. have estimated the cost OF max
ing this change at S,oW