New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-06-26

The Oniagara, a six story elevator apdr'
mont house at the southwest corner OF
broadway and 150th street, has peeh SOU
by the Cascade Realty and ConSlI uO'loH
Company, Marcus Brown, president u
William Grant, an investor II stands on
Mot 100 feet in Broadway and 10 feet III
15otb street. The purchaser gave in part
pavrnent the five story building, with store
at No. 81 West 125th street, on plot SoN
90 II feet, between Fifth and Lenox ave-
nues. and No. 1877 West I'D street a tliIee
story and basement stone front dwelling
house. on a plot l61Oxl0l rect oeI"ee"
IAnox and Seventh avenues.
The Oniagara was completed last year oy
the Cascade company from plans by Ne
Vile & Bagge The firm acquired the site
from Max Marx. II formed part OF the
Field estate block. bounded by Broad"dy'
Riverside Drive 149th and 15Oth streets
which was purcha sed a couple OF years ago
by Max Marx, who later resold II 10 oullu-
ers The old home Of the Hebrew orphan
ASYLUM, which was purchased some uHle
,,o ~, q syndicate Of builders, Is directly
onposite The quarters were vacated Gay
ar two ago for its new Westminster nome.
Tho transaction was in the neighhorhood
Of $1,000
II was said yesterday that sixteen stories
"a n he the height Of the building 10 De
erected By architects and largely occupied
bv them which is TO be erected AT the
northeast corner of Park avenue and pth
street The selection of this parcel as the
site for the structure was told I'm The IT'D
me Of Tuesday. An option 10 buy the plot
which has a frontage OF $50 feet In Park
avenue and l5l feet in 10Th street, was 3D.
taIned from Irons & Todd, through Fred
erick Winant, at a sum said to be close 70
the asking price OF 8 10000 The cost OF
the building is estimated at A,2N"o. max
ing a total investment Of $4,000
The plans have been prepared by Ewing
& Chapper and La Fargo & Morris, ascot
ate architects. and the plans will be imme-
diately placed IN the hands OF contractors
for estimates
The foundations and other construction
features have been arranged so that four
more stories may be added.
The building committee in charge OF the
plan is composed Of Mchim' Mead & Wnite'
Arnold W. Drummer ard Kenneth NJ. Murchi-
son.
The building will he constructed so that
II will have unusually high ceilings the low
est being u feet in the clear, which VII
bring the fourteen stories five floors above
the adjoining Terminal Building. which &C.
cupies the southeast corner Of Park avenue
and lst street. and is the pioneer once
structure on the avenue between %ith and
42d streets.
The floors towering above the Terminal
Building, which will contain approximately
50. 900 square feet Of Office space, with per
ranent north light Of course, will not pro
vide enough room for all the architects
who have subscribed to the plan, but those
10 whom the lower fcors will be allotted
will have considerably lighter space than IN
most buildings In addition N large
court 30xSo feet. 10 he made al the north
east end Of the proposed structure there IS
32-foot court Of he Terminal Building
with which the court Of the architects
structure will he merged
Among those who have subscribed ana
will probably have Offices IN the new build
ing are McKim. Mead & White, Howard
Greenlev. Post & McCord Arnold W Brun-
ner. Kenneth NJ Murchison. Ewing chap
re1l and La Fargo & Morris.