New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-08-18

last week by q corporation Oi b"ii~0
General r Coleman du Pont. OF WI
..,,.o.o, De.,. emphasized the fact that
there has been a marked improvement
=, .bo dovpto wn renting situation IN t"e
,sst year La te last fall the total area
. ,oc,r. sDace in up-to-date skyscrapeis
,-os large and the prospect OF qu'cN,S
lettering the earning power Vi '''
ures was not faN Ordpl'' u.o,,o
The majority Of experts hoWe'ei' -
not alarmed by those conditions A"eS
nrophesied that IL less than a year Ul0
SUNNY and the d.nland Tor once spaOe
u,ould he about normal again 'ha'
sor,e stupendous projects for enialbh's
tho skvscraper com Tuni;y would DC per
tod and that the agents Of those
oronosed structures would not find II
dHecult task TO get suitable tenants.
those experts had an accurate gauge
-, the realty situatiou 1t was only
short while ago that plans were hleo LOT
Tho enhancement Of the Western Union
Bu,Id,ng. and q size il. Broad street was
houabt for immediate Improvement with
twenty story office structure. In the
early part of the year several SITES IA
tho Nassau street section were ooushl
or leased by concerns which VIII spehu
large sums in adjoining them WIN '@'i
ana substantial Offices. Moreover aOou'
the same time that fine plot IN Io"ei
: Broadway formerly owned by the Adams
! E,Snress Company passed to the contIo!
- "a new CORPORATION, which Will put UP
=, the premises a worthy addition 10
I - Hnest Office building section in the
world.
Nv, comes the Equitable project, the
,,-ar,,er building operation of its kind IN
,he history of the city. The propose"
.,rrct,Ira as regards floor area, VIII ot
,he Iargest in the world 1t is eXpee'eu
ne building will he ready FOR occuP""0S
4 May, 19lt .,,,,.
,videspre.ld realty prosperity is rapidly
5ravtnr ne.trer. only the chronic pes
TWISTS cannot see the signs. Up IN the
Drcl,man sec zion record breaking achieve
rnents are being reported. More ne"
houses In thil attractive residential zone
Of Manhattan are on paying OASIS NC,
at any time spnce 1904, wheh scoies
Iig speculative builders began mo Won
OF transforming it !nto a hlsh c'a9S "o''s
section. The vfuue OF vacant lotS anu
plots has reach,td new high murAS' "i'O
last week the lar gest Dyckman trade CN0'
made was report cd. The Bendheih Noi'-
struction Company ana Henry Oor" III
,ired in that tran yacuon.
Through Warren, F. Johnston the Benz
be;n, Construction Company purchaser
from Henry Corn the southeast corner
&C sherman avenue, and Academy street.
$50 foot in Academy street and 80 feel
on sherman avenut; also plot on I'7
,,.est side of Post oNcnue. 100 feet south
&c Academy street. 90 feet front by l6'
-eet deep. and COMPRISING total OF ~.
lots,
In part payment tie Bendheim Con-
strucuon COMPANY gave the two hNe
story houses. each l0Xij0 teet. which nave
iust been completed, by the company on
the west side Of Vermiyea avenue LV
feet south of Acad envy street Jheae
houses are fully rem tod. The purchasing
company will erect at once ten J-foOt
five story houses OF the same type, &C
commodating 20 fanGlies; the rest Of the
lots will be resold TO builders. The total
investment viii be about $4,000.
The Bendhein Construction Company
TecPlflN PURCHASED In 'NNN4A III NNH''~+
of 81. Nicholas avenue and 1S6th street. a
plot 157x10O feet.
Among other transactions In the West
side north OF 59th street last week were
the sales of a dwelling, No. l22 West
S5th street, TO Edna n. Moore, and Of the
three story dwelling No. 454 West 10th
street, by Pease &; Gilman. for Susan
o'Meara and Mary Eltinge TO an inves-
TOR. Edna Moore also owns No. ia West
18th street. and thus, with the premises
No 122 controls plot of 80 foot frontage.
=. Besides, William f. Baker and William
ASA. Darling sold for tho Maze Realty
W Company the Huntingfeld, Nos. 615 and
6l7 West 18th street, an eight story ele-
vRtor apartment house, on plot 50Xl0011
feet, between Broadway and Riverside
Drive. 10 the Sheer. Ginsburg Realty
and Construction Company, In part pay
ment the buyers gave Nos. go and 90
Cherry street, six story new-law flat
house, on plot q Gxl63x irregular.
The central and lower Fifth avenue dis
tricts were fairly active last week
The Camolin Realty Company sold to
Elmer A. Darling the premises No 206
Fifth avenue, extending through to No.
1925 Broadway, n four story business
building. on a plot 2SXl12.4xSOXlOl7 feet,
MIR. Darling owns the Lincoln Trust Build
ing, no. 20S Fifth avenue, and No. 1l2s
Broadway, adjoining.
For many years the property No. 200
Fifth avenue was occupied by Theodore
b. Starr S jewelry house. II was bought
by the CamOlin Realty Company ANDREW
y. Connick and Max Marx less than two
months ago from Klein e Jackson. TO
whom II had been traded few weeks
previous by the Starr estate for property
on Fourth avenue.
The lease of the six story building No.
375 Fifth avenue. on lot A.6x100 feet
was sold by Nathan Sobei through the
Cross Brown Company TO Mrs. William h.
Croker. the head of one Of the largest
mourning millinery houses in the city.
The present home of this millinery house
is No. i02 Fifth avenue.
William Couson &; Sons. Of Belfast, Ire
land. and New York, manufacturers and
retailers of Irish linens, leased through
George b. Corsa for long term Of years
the entire building No 429 Fifth avenue.
This property is part OF the estate Of
Henry Bergh, founder OF the Society for
the Prevention of Cruelty 10 Animals
The building adjoins the new location
O