New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-20


and William H. Frame secretary. mas
made a contract with William Washing
ton Cole for the exchange of the twenty
story building now in course OF const'uc-
ton from plans by Schwartz & Gross,
upon the block front on the south size OF
Goth street, from Fifth avenue 10 bioau-
way, covering an area of approximate!
S. so square feet formerly the site OF 'he
CAFE Martin. and previously thereto 'he
Delmonico Restaurant. The land IN
question belonged for many years to the
family of Chief Justice White OF the
United States Supreme Court, ana was
acquired by the Fifth Avenue anu -''h
Street Company in 1912.
II is expected that the new building on
the site will be ready FOR occupancy IN
the early summer. substantial portion
has already been leased for a long term
of wears The present interests VIII re-
main In control of the Building under a
fortv-1wo wear lease. IL will be known AS
the Cole Building.
Mr. Cole gave in part payment the bdIlh
Of the Metropolis Building. at the north
westerly corner OF 10th street ana Union
Square, free and clear. the bank has a
lease upon the lower part Of the building
for approximately fifty years 10 come
The amount involved in the transacuoA'
including the lease. is approximate!
100000 The building now IN the course
of construction figured at s2,sW'"" IN the
transaction and the bank building a.
s.. 800 go.
Arnold. Byrne & Bauman were the
brokers in the transaction, and Judge
Delevan \. Holmes was the attorney 1or
Mr.. Cole. and Stroock a StroocN were
the attorneys for the Fifth Avenue ana
10Th Street Company
Hibson & Co have closed series OF
transactions affecting q row Of hathouses
in East 18th street to Elizabeth Dickman
The property is at No DO TO 51S. and
involves five five story buildings. each on
lot 95X92 feet, located on the south sIde
OF the street. 1905 feet east OF Avenue
~ The Metropolitan Savings Bank dis
posed of Nos 5l4 and 80 and the sellers
Of Nos. 80, Jl@ and us were John NJ
Siblev. Charles Hibson and Palm Bracco
Respectively. All of the above houses were
acquired last october by the metropolitan
Savings Bank in foreclosure proceedings
About two weeks ago they resold three oil
them through the same brokers TO the
present sellers An interesting circum-
stance in connection with the transaction
is that Mrs. Dicllman is an investor VINO
puts in about 100000 in cash. There was
no element Of trade in the deal
For the fifth time within the last ie"
months the Hoadley house at No. Is East
SD street, a handsome five story Ameri-
can basement house and the home OF j. H..
Hoadley. the former Wall Street oper-
ator was Yesterday sold under foreclosure
al the stand Of Bryan L. Kennedy 10 sat
isfy a Judgment Of foreclosure obtained
bv the New York Life Insurance Com
pany against Wesley Thorne and others.
| At the previous sales. held in February
April, September and December. 1917, Mrs.
/ Fannie Hoadley, the owner OF the prop
! ertv purchased it each time and was
Obliged 10 pay 10 per cent Of the actual
amount bid at each sale, and at the sale
yesterday she again purchased the prop
ertv for s117.0 The original judgment
was for sos. 900. and including yester-
| DAYS GALE deposits have been paid agGre-
eating $3.50. It is supposed that tue
VIII ne lohcH " N'' ''"'' u" q"
| the sale
At the stand OF MI Kennedy the Gar
rett Magic estate property was disposed
Of at fair prices, the offerings including
! No. a. East 9ist street. which sold for
| SO. 900: 80. Water street. $3.50; No.
$50 West 18th street. $4,000. and No. 2oI
East 7Sd street. $1,000. lie also sold No.
81 Madison street for the Keane estate
/ for s25.f5o.
other sales announced yesterday fol-
low.
Manhattan.
1clsr STEEET-M ~ Ha.va.G { 90.
| have rosold for Frank r. Wise 10. -" Nes'
/ 1o1st street. a three story private house.
! west Of broadway. This property was sold
! last y elk 10 NJ. Wise by thc SANE brokers.
18TH STRFEr-Pease e. Gilman have
| 7s,h street, five story American basement
dwriiirg house; on lot lsSlo".5 feet. Ihe
/ FRO ADWAY-War-cn +. Johns'on hes
SOLD FOR tho Ctitticli estate the plot :jxl45
feet. on the cast side OF Broadway' 100 fee'
iilST STREET -- The Lcnoy- Columbus
! Company has SOLD 70 Mr.. Thurher' OF
Newark. =. J., Nos. 20 and a Wost ills,
street a eiX story 1athouSc on plot 1ON"J J
root Newark property and lots w. BelleVIllc,
y. j.. wore given in part manner.
3JTI STEEET--IHc j. ). fifarn on
s.ruction Company has sold 20 tho Piandonn
Heights Corapany benjamin y. Dul;-. Ur"si-
G~n. 'hc nine story apartment house Oh dot
4txa7G feet. Nos. i4s ara 10 EaS; 3''h
street between Third and Lexington ave-
MICS
WEST END AVENUE-E lpctus T. Bachus
has sold cor William Colgate the three story
dwelling house so 7G5 Vest End Avenue. on
lot 1Sxs9 fcct. located 53.ii Zee: north o.
1"sD SrREET-Philp Bnrlharit has gold
TO Tohn Daucnhsucr Nos go ara - NcSi
l23d street. Two hye s'orr hathouses' on lot
' - iOxlc0 II feet.
I ELFECKER STEEET-Dr. william \:
Cillcn has sold the northwest corner ~
Eieoc<cr and Morton streets. six sior:
tcHoucnt with stores. on lot 1"xsj feet.
The Bronx.
BAINBR1pGE ANEEUE - william G.
Bergen has purcha7ed from ". L. Nartan
tho southeast corner OF laSth street and
Bainbridgc avenue. for Improvement The
plot measures l30xS9X10iN12i feet and has
been held 20 $50 200.
FIETDSTON EOAD-Michaci NJ. McDer-
mott has sold the lot 25x85 feet the cast
side Of Tioidston road. % fcct norm or
o59,l, street. ia Dr. Iohu J. McGr2th.
LELAND ANENUE-John y. Furoy has
sold for Henry !. Stadlcr, ir.. No. 1866 10
land avenue. a two family house. 10 an IN
.csior.
1tGTH STREET-Thc y. \. Posl, Realty
Compnny ias sold for John iIucssan 20 ..
na,housc. on lot 1Gx1io foot. In part pay
,ncnt tho huver gave No i6l south Num-
street East Orange, nine-room cottage, on
plot 60N"o5 feet.
ANOTHER, BROADWAY THEATRE