New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-22

With the transfer of the St James
Building. at the southwest corner Vi
Broadway and 18th street, there was re-
corded yesterday twenty-one-year mort
gage of 100000
For the first year this mortgage bears
interest at per cent. For the secohd
year the rate will be 2is Per cent and Tor
the next five years 3 per cent. Then II
goes to Sh per cent for the folo"ihS
seven years and to 3ia per cent for the
final seven years of the twenty-one-year
term. On June ], 1914. the amount OF tue
mortgage is TO be reduced by No,co)' ana
on August 10. 1914, by an additional S-''""'
Semi annually thereafter, until Fepruar!'
1884. So, 600 is to be paid off, so that al
maturity the mortgage will nave oeeh re-
duced by sl,o25.OOO.
The mortgage is made by the ne" own
er. a corporation known as the ST. James
BUILDING in favor of the Pittsburgh Lie
and Trust Company. which acquired ."e
property about seven years ago I've
transaction also covers the ADJOINING low
building. No. 1929 Broadway, when sepa-
rates the St James from the Iownsehu
building. In addition 10 the *S""''
mortgage there was also recordeo yes
terdav second mortgage or SoWv Oh
the property in favor of Emmett S. Ham
ilton, as trustee.
Rutland & Whiting have sold for Mary
Owen Borden and William II. Owen. jr.,
tho nroperty No. l43 Cherry street nVe
story and basement building. on io'
25xsO feet. and No. Az to 4l6 Water street
a two story building, on plot 'oNoo i'e..
After extensive alterations the buyer VIII
occupy the property. This Is TN" hrS' SAFE
Of No li3 Cherry street and NO NO N"'e'
street since 1928. when 1t was acquired ny
the late Henry : Brooks. founder oil
Brooks Brothers. clothiers. IN 1888 ne III
creased his holdings by purchasing Nos
u2 and 4i Water street the property at
present is under lease 10 Joseph huN",'S
4 e.. who have been tenants there iol
more than nifty years.
Other sales announced YESTERDAY folio"
MANHATTAN.
ADDITION AVENuE.-The Brown.M ei,.
Realities bought from the Lawyers Mortsas
Company the Rockville. s'N.S'%ll 81 80 ~
apartment house. with stores. at No y, 10 -
Audubon avenue northeast corner "f I',tn
street The house OCCUPIES plot iI"hlI"E ~
fe.f m Audubon avenue anu ipf l''i W. -'''''
street and was secured los the sellers M io''
closure sale week ago. as plainthiS on
bid Of SGi. 600 ,.,,o.
NTH STREET The Van Hoesen Estates
sold the plot l00Xil 10 feet. on the s"uth sln'
Of illth street. located 20 feet west ~ rum
avenue The buyers are Williams prol-
einsky. who will improve the property WIN
an apartment house similar TO the one th'Y
recently completed on the plot adjoining on me
east.
ISsD STREET II " KrumWiede. j.. has
sold for q orce Ioller No 80 West lS-d sut'i.
a three and a half story dwelling house. on loi
s0Xs91i feet.
MANHATTAN AVENUE. Goodwin x Good
win have sold 10 Morris Beers 10 400 Man
haitian avenue. three-stor, dwelling house.
on lot 1870 feet.
THE REONN
FOX STREET. Henry Morgenthau COMPANY
have sold To a build for immcdiat. improve
ment the plot S7.6Xl0j feet. on the castery side
4 Fox street $50 feet south 81 Barfetto street.
SOUTHERN IDl LENARD. Richard II
Scolde has resod FOR George Dsik'T Of ltica.
y y the plot 10 feet front on tho west side
OF southern Boulevard and CTotona PARKWAY.
letwecn ION street ana Farmounf Place. To-
T. J. Dwyer. who will err Ct two ff c-story
houses with stores.
PROSPECT ANENt'E Heller \ Sussman
and r. Schmuck have sold for Albert Adami
No 600 Prospect avenue. three-fanil' house.
on lot e5xlCD feet
VIRGINIA ANENUE.-The \ f. Realty
Company and \ : Buhre have sold q plot
Tho west side ~ Virginia avenue. about 200
feet south Of West, hester avenue.