New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-04

some interesting leases were the feature
Of the realty market YESTERDAY Chef IN
terest Of these centred IN the rental OF the
entire new twelve story building now III
the coursc of construction at No. . last
seth street. on plot 3,.6N19GG feet 10
the Gustav Sticitloy Craftsman Company
furniture makers and publishers Of The
Craftsman Magazine" The lease Was ne
cotiated by y. Brigham Hall and William
D. Bloodsood with Frank WELLER ana y. T.
Robertson. jr.. for tho No. East "''"
street Company. The lease Is for twenty
one years from the date Of completion at
approximately si,30oooo:
Another lease TO publishers was an
nounced by Pcase & Gilman Of the prop
crty 40. 2oS Madison avenue. ON lot
16.5X1OO feet. for Mary r. Jackson to
Maxwell & Co. Of London. who will erect
on the site SIX story building FOR their
own occupancy The lease * for a term
Of tWenty-one years from August I at an
aggregate rental Of about 100000 The
proposed building will be ready for occu-
rancy on October I. The parcel adJolhS
the southwest corner or Madison avenue
and 4ed street. on which site IS the twenty
story Johnson Brady Billings sNhdlcdle
structure. recently completed. The prop
crty leased to Maxwell & Co. was one OF
two houses which prevented. less than
year ago. the closing OF one of the largest
real estate transactions Of recent times.
Johnson and his associates had closed
contract 10 build under q lease thirteen
story building. ten floors of which were TO
,,~lf
the entire Madison avenue frontage couiu
be obtained. This plan became known 10
other parties who stepped IN ana bought
No. COS Madison avenue, and the price oil
No. sos was placed az a prohibitiNe point
thus blocking the deal The Johnson
Bradv-Billings syndicate built the sirdct-
IRE now occupying the corner plot, as they
had intended doing before entering INTO
the lease. and Lord & Taylor subsequently
went 10 the Burton property, on fhrh
avenue. where n new building is now IN
process OF construction.
In the Columbus Circle zone large
transaction was reported which Will prob
ablv result in an improvement OF the
parcel in the near future. The TWO iNe
story tenement houses and the three three
story frame buildings occupying a plot
with a frontage Of 100 feet at No. Sl6 10
-94 West seth street. together with the
AUDITING four story building at NO. ool
West 5sth street. on a lot 21.5X1oo.9 feet
were sold by Eugene Y. Benjamin ana
James VI. Lehmaier The property Is as
sessed in the city tax books at s1'S'OVo'
Other sales announce yesterday were
chiefly confined to dwelling houses as
follows:
ro1sT STREET-Yetta GreenberS a. sod
VI s14 West lO1st street five story dwelling
house on lot 17xlOo II feet. near West End
18TH sTREET-Robert Levers has sold No
rpS West l36th street. a three story d"clthb
house on LOT i5x1oo feet. for sidney lien
shaw. .-, - -,f5
FOR the estate Of John II Drew Nos. lOe aha
no West 25th street. old buildings, on a pot
.0ysS feet adjoining the corner Of sixth ave
me THE buye- will erect p twelve story
mercantile building. which viii be ready ior
occupancy IN December. -.. 80
45IH STREET-Frederick u. Naslths Has
[n.cuirg house on TO- 20x10o5 feet.
MANHATTAN ANENUE-Good~m 4 5000
win have sold for Reuben L. ficnthoIn 70 10 .
lien, ,or investment the private HWcnn6
ho,,se No $50 Manhattan avenue, on lot -"
70 feet. this making the fourth priya'e u ouse
in the block between 10th ana llith streets
sold by them since March 8 the others Deihs
Nos 800. 39j and 4O5