New-York tribune., 1912-02-01

The CITY Mortgage Company gave
building loan Of s1,OOO.0Oc yesterday on 'h'
two twelve story apartment houses fatern"
BROTHERS are to have erected on the pIo'N
front on broadway between 1 18th and lloth
streets.
Plans for the structures have been pre-
nared nv G. Aiello. They are to be Of brick
and stone. The building at the northwest
correr Of 115th street and Broadway VIII
occupv a Mot HOLMES feet, while the
other AT the southwest corner Of ll6th
street and Broadway, will be on plo'
1OO.11x100 feet. The loan Calls LOT S'V''
900 on each structure.
The PaternO Brothers arc among IN"
foremost builders Of apartment houses on
the upper West side. At the northeast
corner of 1l4th street and Riverside prN"
they are erecting a Sl.OoO.OOo apar'inen'
house under the name of the KNersiue
Drive Company
Apartment houses in the Washington
Heights section furnished one of the chiel
transactions i'm the real estate market yes
tcrGav. John A. Morris purchased through
the real estate firm Of Arnold, hNrne {"
Raumann for investment the property ~
No 1904 to 1910 Broadway, comprising '"'
five story basement houses, cach on q P"'
37.6xiOO feet. about 80 feet north OF l"N'n
street The parcel was said TO have pcen
solo on an asking price basis OF Sl""'"V''
Another big loft building figured IN the
trading Yesterday. Leopold H. Stern an"
Carl Bomeisler sold No. b West 1'th
street. a seven story loft and store ouua-
ing. on lot 95X92 feet between FIRM ana
sixth avenues The sellers acquired the
prcperty in November. 1909, from the Nc
vor Realty Company.
Forry r Simons has resold the Crotona
Casino a three story amusement hall, oc-
cupying pIot 5OxlOO feet. located on the
north side Of 169th street. 1868 feet east
of Mckinley square. The buyer is the Nc
KinIev Square Casino COMPANY which will
make extensive alterations to the building
An Interesting lease on Nassau street was
closed Yesterday. the transaction foresha-
dcwlng new building opera ton. The prop
erty includes Nos. 10 and Il Nassau street.
old five story buildings fronting 5l.o rect oE
l04 feet deep. The property Is owned py
Cornelius F. Kingsland and has been leaseu
for term of twenty-one years from MAY
next to Goldsmith Brothers through the
McVickar Gaillard Realty COMPANY.
The Iessces are now at No. q Nassau
street. and will occupy the premises loi
their stationery business. schwartz /"
Gross arc at present preparing plans ior
noodern store and office building 10 cover
tho entire plot. which II IS expected VIII
bo readv for occupancy about September l.
1910 The height and number of stories have
not as vet been decided.
l. he ~
stone terra Gotta and plate glass, the lat-
ter in a maximum quantity Inc pu'io''n
,.ul bo novnI in that it's entire facade Will
he free from projections beyond the nu'iu
,ng limo So as 10 conform TO the new order
affecting Nassau street.
The old buildings on the site have neeh
there for more than 100 years. NO TRANSFER
q. the property has been made Tor seF'ra.
generations one Of the buildings Is sa''
~ have becr the office Of Aaron Burr dur
ing his public career IN New YORK r''N'
Tho bui,ding at No. 49, now part Of the
Cockroft Building. on the adjoining corner
,1so had this reputation According 10 pe
Wett. IJckman & De Wett. however 'he
Burr Offices were at either No 20 or -.
Plans have been fled for the "onstrnc-
tion Of an addition to Public school = "n
tho vest side Of Lexington avenue. between
10Th and loSth streets. This addition VIII
he located in the rear of the main huiIdins'
~, tho north side Of 1o5th street. 1o' feet
y.oet NJ Lexington avenue, three stories
high with frontage Of $50 feot and
d.n,h NJ ia feet. G. r j. SNYDER. chef
arcbitoct for the Board Of Education. has
estimated the cost of this addition ~ N",o''
The four story building 1T No J EdS' 4',l'
street. owned by Helen NJ Gould ana ao-
Joining her Fifth avenue home. has heen
leased for long term of years to william
s,ttenham. The lessee will make ex'ens'V'
alterations to the property, placing stor'7
m the ground ana parlor floors OF IN.
building The structure has been occupied
for tho last FIVE years by the drossmak,hs
frr, of Glasscoe, jr.