New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-02
Fort Washington Syndicate
Exchanges Block for
Apartment House.
SUBWAY BUILDER
IN TRANSACTION
Woman Buys as an Investment
the Philbert, in West
Gath Street.

Tile great West Side north Of 18th street
furnished Yesterday the principal transac-
tons in the real estate market.
There were a 100000 trade, involving
an entire block Of furty-two lots and an
apartment house on Washington Heights,
and an investment purchase OF a 9th
street apartment house.
In the sl90O.oO) exchange the Fort
Washington Syndicate sold tine entire
block bounded ~ Fort Washington and
Haven avenues. 172d and l75d streets. to
the Ecallaw Company, which gave IN
part payment the Bradley Court. ten
story structure. at the southeast cornu
Of l65th street and Broadway.
The Fort Washington Syndicate was
formed by Mayer s. Auerbach and the
late Joseph Hammerschlag. James Brad
lev the subway contractor, holds the con-
trolling interest in the Ecallaw COMPANY
The Bradley Court apartment covers
plot fronting 1l011 feet on Broadway ana
16o.5 feet IN 18th street. and IS rated rs
one Of the finest apartment houses OF us
kind north Of ll6th street II was punt
about two years ago by the Ecallaw COM
pany and is fully rented Welding an ar
nuaI return of about 5000. The apart
rent is clos TO a subway station. ana
faces the new Fox Iiippodrome and Tho
old grounds OF the New York American
Baseball club.
TIE block the EcalIaw Company &C
quircd was purchased by the Fort WASH
incton Syndicate in 1905 from the estat"
Of cyrus Mccormick. Of Chicago. II Is
now vacant. although at the time OF the
sale there was 2 fine mansion and sta'Ie
OF il. This s9lc is taken as the fore
runner Of the development Of that terri
tory between Broadway and the river
from list street TO nth street when so
far has escaped the influence Of the apar7-
mont house builder.
Tho Philbert. No Is West 9ith street
is tho apartment house purchased by an
investor. 1t is 1--WE stories, on plot aux
rs feet and was sold by Bryan i. Ken
nelly 10 Miss Caroline Smith
\ number Of Bronx transactions were
also reported yesterday.
George r. CouGhlan resold TO the Stem
metz Construction Company the plot Aux
100 feet. on the cast side of BradhurS'
avenue. 30 feet north of l'-d street. III
eNcbarco. Nh. CouShlan took the hNe
story hathousc at No COS Tiffany street
sOxlIO feet. The Braohurst avenue lIo'
was acquired a couple Of weeks ago rom
Hine & Bing. who last week traded the
Mot 4Gxl00 feet. at the southeast corner
Of l53d street. on the same black Win
the Glen Realty COMPANY
Charles Wcttercr sold for william NJ
Moore the FIVE story nathouse. on plot
45xlOo feet. at the southeast corner oil
University avenue and Brandt Place 10
Frederick H. Fcisenbaum.
Lowenfcld & Prayer took i'm trade TOT
No. l55S 10 1862 Mnford Place two -FOUR
story fathouses, the premises nos. l''
and III East 93d street. 29llXlO0s feet
The property No lO6 West i3d street
an old dwelling house adjoining the ne"
Elks clubhouse. has been sold for the
fourth time and is well advanced toward
a fifth sale an offer having been maoe
N the last purchaser. which will give MN
s. 900 profit if he decides TO sell
Tho last owner is the Ohvcraee Com
many Inc. representing Felix lsman' Of
PHILADELPHIA. The company bought the
propertv from Isaac Polstein. who Prev
ously acquired. it from Morris Bowers OF
philadelphia. in exchange for his nIhe
story apartment house at NO q" to 2io
West 99th street.
The first sale was made by the Fiith
Avenue Bond and Mortgage Company 10
Edward A. Wix, OF Delaware. VINO eNer-
cised an option At $500. The sale TO
Isman's company was made around N@"'.
The last two transactions were cIoSeu ''
the Thomas L. Reynolds, Inc
The Thomas l.. Reynolds, Inc mas SOFA
FOR the Mamaroneck Mortgage and Sc
curity Company a vacant lot on Alth
street. east Of Columbus avenue, the
purchaser intends 10 put up q three ram
Uy mousse for his own occupancy
calm & Calm have sold for client to
= IN. Campbell No. 72l East l6lst street,
corner Jackson avenue, three story
b,;.L dwelling house. on lot 22XS5 feet.