New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-05
Joseph Milbank Gives Cash
for Dwellings Held at
100000.
PURCHASES PLOT ON
WADSWORTH AV.
Newly Formed Corporation to I'M
prove Site-Apartment on
ThorOughfare Sold.

Joseph Milbank owner OF the large
plot on the northeast corner Of I'd ST.
and Madison av.. and the Transit Build
ing 5 and East i2d st, has purchased
from Thomas Kelly. George j. Gillespie.
attorney. the two old four story dwelling
houses. 6 and s East 43d St. ilNlOo feet
Immediately adjoining the l'-foot front
dwelling house, 10 East i3d ST., when he
has owned since 1901. giving an ehure
frontage of So feet on i3d st.
The property has been held at about
600 600 and was a cash transaction. Ihls
plot connects with the Transit bulidihs
by forty-three feet on the rear hhe,
which building is sixty feet front on III
ST Homer Foot, Mr. Milbanks real es-
tate agent, represented him in the pur-
chase and Douglas l.. Gilman 20. the
seller The old buildings on 4Sd St VIII
no razed at once and replaced by a ten
story freproof store and Office pulldihs
Of the most modern type, planned oS
George 3. Post & Sons. John Downey mas
received the contract for the ouiloihs'
The two structures will be connected
by hallway on the ground moor oniy'
which will give direct communication
from 42d 10 AID St in the centre OF the
block. a great convenience TO tenants III
both buildings and TO the pubic as we'll
as the property is In the middle OK the
hIock between Fifth and Madison avs
Snec,al attention will be given In the
mans TO a large interior court between
Tho two buildings. conserving the light IN
ths fullest measure to both. The build
ing will be ready for tenants carry III
1915 The Transit Building has always
been popular and is now fully rented
The newly formed Washing
ton Corporation has purchased trom Tue
Yer Planck estate the plot l5Oxllo on the
west side of Wadsworth av., COZ ieet
north of 18TH ST. The seller acquired the
nroperty last month in foreclosure az
,,or against the Comfort Realty COM
many. Building loans amounting TO >ios'-
oo have been secured by the buying
companv from the estate for the erection
Of three fve-story apartment houses pre-
liminary work upon which was star'eu
by the Comfort company.
robn r Davidson has sold for Samuei
tJarr,s the southeast corner or Wads-
worth av., and l7sth St, a hve story
new law apartment house. The properly
&c Lnown as go West 18th St, and COM
nrises a frontage of 40 feet on "aus-
worth av.. and 100 feet on 18th st. Inc
nav owner is an investor. Mr. Harms
owns two houses adjoining on Wads-
worth av.
Other sales announced follow;
125TH sr.-Harry Green and samuel n;
Hunter have resold to A. Garraoant ool
i Ieii,e to5tb 81, I'VE story double tene-
rnent. on lot 25x091l feet between AinsteI-
dam av. and Broadway. Paul A. Mcuol'loA
was the broker. - O.. oor.
30 AV.-Kurz & Uren have sold IN con.
junction with Louis MeGkes - LOT . ,ng brick
building, 2714 Third ay, between lttth anu
IAN ats on lot 2sx93 feet, TO an investor.
3D ST-The Airmor Realty company mas
bought from s J. Hirsh, 81 west so 81, -
seyen story loft building. on plot 4oxloO feet'
between Greene and Wooster SITS. The pur-
chasing company has secured from the rev
YORK life Insurance Company mortgage
of sil0,O 900 at 3 per cent per annum. -,
aOTH ST-Froman & Taubert nave soiu
four story fiat on lot 29x1Oo.s feet located
100 feel east of Park av., TO the Manert
40 AV,MPease & Enipan have sold FOR
the estate Of Patrick J. Kennedy 70 we
Kenton Realty Company tFlsher LEVINE ano
Isdor Kempner) III Third aV,. hof n. tlaeS
corner OF 4sth st. a four story nat o.oAoo
nth AV.-Christopher schierloh has sold
for Mrs Catherine Sauri OF Ponce. Porto
St., 25x1OO feet, 10 Mullen Brothers for I'M
provement with a lreproof storage ouildlns
This property has not changed hands Tor
about forty years.