New-York tribune., 1912-02-22

The properties at No. 357 TO S6l Fourt'
avenue, at the southeast corner OF +""
street, covered with three old ouilding1' '''
plot with frontage of 59.6 feet on 'he
avenue and 50 feet in the street, was re-
ported 10 have been sold yesterday
by Carstein & Lnnekin to Irons
g. Todd At the brokers' office no
confirmation of the sale could he obtalned'
With this latest acquisition the buyers no"
own the entire block front on Fourth ave
nue., between 25th and 18th streets. ne
sellers were Adolph Wiener, n. H. rex
ham and Mary L. Draper.
About two years ago Irons e. Todd poush'
from the Cortlandt Palmer estate ana
Jacob Neadle the northeast corner Vi
Fourth avenue and 25th street. fronting Io'
feet on the avenue and 80 feet on -''"
street, together with 40-foot u at NOS
1O2 and 104 East 26th street. with theIr
latest purchase they now control lro"'
age of 1876 feet on Fourth avenue, ~ rect
in 25th street and 120 feet in 26th street.
comprising one of the largest parcels I'D
single ownership along the stretch Oh
Fourth avenue.
The Spading Building. six story struct-
ure at Nos. % and 81 West 42d street, has
been sold by Henry d. Wynans d May lot
Samuel w. Andrews and other heirs OF the
Andrews estate to the Pentalpha Realty
Company for about $4,000.
The structure occupies a plot 5.SSo square
feet and the price paid square loot Is
a little more than S13l. This is thought 10
be new high record square foot rate lot
this part of AID street. The property mas
been bought subject TO lease covering
the entire premises, held by A. G. Spaldlng
e. Bros The lease has seventeen years
yet to run. The Pentalpha Company mas
contracted to buy the lease for Soo'V"'
Spalding & Bros. 10 deliver the title to the
parcel free and clear of all sub-leases' Inc
Spalding Building is part of the site on
which the drygoods house of Stern Bros
is TO build which was recently leased ny
Stern Bros from the Pentalpha company
for a long term of years The work OF
putting up the proposed new home for the
drygoods house is set for March !. II may
not be begun on this date, II certain sub
LEASES affecting the Spalding Building are
not cancelled According to a report yes
terday, the offer made TO purchase the
leases of some Of the sub-tenants are not
satisfactory
II was also reported yesterday that Ben
jamin F. Keith had purchased the Harlem
Opera House property, in l25th street, west
of Seventh avenue, extending to l26th
street, on which he has a long lease from
the Lichtenstein estate. The property was
bought by Benjamin Lichtenstein from Os-
car Hammertsein in 1897. 1t consists of a
five story structure on the 125th street end,
known as Nos 27 and 2O9. in which is To-
Gated Hurtig & Seamon's Music Hall. En-
trance to the Harlem Opera House is on
125th street. the theatre itself being a three
story building on the 126th street end. The
property has a frontage or 70 feet in 125th
street and $50 feet in 126th street. and is
assessed on the city tax books at A0O,OO0
ST. James Court. a seven story apartment
house at the southeast corner OF Broadway
an 92d street, on a plot 10Sxl17.5 feet, has
been sold by S. Z. & NJ. E. Bernhemer.
who acquired the parcel about ten years
ago. They have been holding II at $4,000
Plans have been filed for the nine story
department store building 70 be erected on
the west side of Seventh avenue, between
124th and l25th streets. on the site Of the
old Hotel Winthrop. 1t is to be occupied
by NJ l. Blumstein. of 18th street and is
estimated TO cost $4,000 by the architects.
Buchanan G. Fox. G. Sidenberg is the
owner of the property.