New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-02
Site at SD ST., Formerly
Occupied by Old Lang
ham Hotel.
APARTMENT TRADE
IN DYCKMAN SECTION
Greenville Hall Figures in EX-
change for City and West
chester Property.

The Oceanic Investing Company has
sold TO the Investors Estates Corporation
the eight story building at the northeast
corner of Fifth ave. and SD ST.. on plot
60xl15 feet. The building has been leased
by the buying corporation since it was
erected. more than two years ago.
The site was formerly occupied by the
old I.angham Hotel. At one time II was
owned by Morton r. Plant and Edward
H. Hartman. W. X. Vanderbilt and w.
d. sloane later bought the property from
Robert d. Bowling TO prevent the cree
ton Of a large building for trade. The
increasing business invasion northward
or Fifth ave. finally caused them to give
ND the nght, and the restriction they
placed on tho site against It's use for
business was lifted when they sold the
property, In 1871 The corner part OF the
old hotel site was bought back by Mr.
Bowling for s.. 10000. and the remainder
Of the parcel. fronting 65 feet on Fifth
ave, was purchased by the Henry Phipps
estate. Mr.. Bowling then sold the site TO
the Oceanic Investing Company on con-
dltion that ne could take back lease of
the twelve story building erected on II.
The lease was made in the name of the
Investors Estates Corporation, formed by
him. The building on the Phipps plot was
taken by the Leasehold Investors Com
pany. There were no brokers In the
transaction made yesterday.
John Miles has purchased. through e.
Nelson Ehrhart, the six story apartment
house known as Greenville Hall, at 5000
Broadway. H2th St. in the Dyckman
section, on a plot 11s1sXlS7i9, having four
teen families on floor and eighty-four
apartments IN all. II is one Of the finest
apartment houses in Jthis section, having
been completed about one year ago by
the Hazel Real Estate Company. of which
Max Just and George Hensle are officers.
Mr. Miles gives in part payment his plot'
lOOx2l5 feet, on Northern ave. near lSlst
81 which he recently purchased from
T.. p. Dula, formerly vice-president OF
the American Tobacco Company, and also
sixtv acres at Bmsford, Westchester
County. The law firm Of Barrett &
Buckbee represented the buyer. and En-
glehardt the selling company. The prop
erty is opposite lsham Park ana con-
venient to the subway.
The West Side Construction Company
Jacob Axelrod. president. sold the three
rour story dwelling houses at 14S TO 44'
East 39th st, on q plot 6S2xsS.s feet, near
Lexington ave The site will be improved
with nine story apartment house by
John J. Hearn, who has built other
apartments in that section
The property was given In exchange for
the Bright apartment house. at BOO west
10th St, adjoining the northwest corner
If Audubon ave, the sale OF which py
the John ]. Hearn Construction Company
was exclusively announced in The Trib-
me on Thursday l. Rodney Berg ne
gotiated the transaction.
Henry Brady has sold for Bertha I'm
10 Agnes NJ. Pragnell 759 Jennings ST. a
I'VE story new law house, on a plot 4VN
l34.4x irregular. between Union ana Pros
meet ayes. The seller acquired the prop
.rty on Thursday as plaintiff in a fore
losure sale. In which Mr.. Brady acted as
,uctioneer. for 10000. The consideration
.n the present transaction is said 10
Joe $20.1T
charles W. Smith has sold for the Yer
nilyea Realty Company, Charles hehsie'
president, the northwest corner or Sher-
man avenue and 20ith street, five story
APARTMENT house. with seven stores, on q
plot lO0x65 feet II is one of row OF
eight houses just completed by the sellers
and is fully rented The property mas
been held at $4,000 and shows q rental
or sl2.42o.
in part payment the buyers gave 44S and
l4s West I25th St. two five story nat
houses, with stores, each on lot 2'XlVo
feet. between Amsterdam ave. and Man
haitian at. valued at $4,000. Title TO the
latter property is held by John +. Haase
and Louis Sasse.
other sales announced follow
JEROME AVE.-H u. Singh has gold INC
ono story taxpayer 1T the northwest corner OF
Jerome ave ana 1S4th st.. on plot l5oHlW IeeC
10 an investor The building Is one DOCK SCUM
81 Fordham Road. and was erected 10y vi
SINGH about nve years ago. ,,
TELLER AVE-John a. Steinrne'z mas S"I"
Tor l. W. Devine 1851 Teller ave- tn''s
fatnilv tenement on lot 20xl0O feet. 70 T. bech,
Mo gave in part payment a Motel at Lake
yeraInaux New Preston, Conn.
s'r NICHOLAS AVE.-Alfrcd fechheiiner h's
I'D the southeast corner Of 81. Nicholas av
md 1880 st. i've story fat. on lot -oNlol
foct