New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-06
Involves Twenty Story Of
flee Building at 3lst
Street Corner.
UPPER WEST SIDE
DWELLINGS SOLD
Another Theatre and Store
Structure Planned for Long
Acre Square.

! The twenty story and office building AT
the northeast corner OF Fifth avenue and
3lst street has been sold by the 40. So5
! Fifth Avenue Company. Of which camp
! bell Darlington is president. To an out
! of-town buyer The sale is made on a
| basis of SEQ, 900. and the purchaser has
arranged to give in part payment some
property in this city. together with cash.
The selling company is composed OF
! hondholders of the defunct Improved
! Property Holding Company and the Fifth
Avenue Investing and Improvement COM
pany, organized by Henry Corn, who
/ erected the structure. which. with otner
properties Of concerns controlled by
Henry Corn. was involved In receiver
| ship last year.
1t was in the process OF this receiver-
ship that the bondholders, represented py
| Campbell Darlington, who is president OF
the Assets Realization Company and
bondhoder that the Fifth avenue prop
| erty was taken over by the present SELL
ers. They acquired the equity at an auc-
ton conducted by Samuel Park. as spe-
cial master. on June TO- 1913, when the
mortgage was foreclosed and the bond
holders bid highest. $4,000. subject to
mortgages aggregating $liJ0@o making
the total consideration s. 10000.
The site has a frontage of $50 feet on
Fifth avenue and 100 feet on 3lst street.
and was purchased by Henry Corn in lsos
Joseph f. A. O'Donnel has purchased
from Katrina Lentino the four story
dwelling house, on plot 50x2o feet. at
y
through TO Hall street Negotiations are
under way for the resale. This property
lies between Willoughby and De kalo
avenues and is located in fine residen-
tial section.
Daniel 4. Freedman has sold to DIR.
Eugene Il. Eiscu No. 5l6 West 1ioth
street. a three story and basement stone
front dwelling house, on lot 15x99.ll feet,
between Amsterdam avenue and Hamil-
ton Place. Or. Eliscu is the present ten
ant and will continue to occupy the
house Mr.. Freedman also owns No. SIS
adjoining.
Arnold. Byrne & Baumann have sold
for the Nagrom Realty Company TO b.
Winters. No. 469 West 14lst street. four
story and basement dwelling house. on
lot 1Sx99ll feet, between Convent and
Amsterdam avenues.
Plans are being prepared by Buchanan
+. Fox for "A new building 10 be erected
at No 6l7 to 621 West 1Sst street. on a
plot 60xlCo feet. by Charles c. Marshall.
The proposed building has been leased
for term Of years TO the l.. Wertheimer
Department Stores, corporation which
controls TWO other uptown establish
ments. Leopold We'll was the broker in
the transaction.
Another theatre is planned for upper
Longacre Square. II will he erected at
Nos. 1899 and 1901 Broadway. with an
-" through to Nos. 215 and 217 West
4sth street. and will be from plans by
Thomas W. Lamb. II will be devoted to
moving pictures. The property has A
| frontage OF 800 feet on Broadway and of
80 feet on 4sth street. while the other
| lines measure 1913. 90 and 1909 feet, respec-
lively. In addition to the entrance OF
| Broadway provision has been made for q
store 10 feet wide, while on the second
floor the entire width. 30 feet. will be
given over 10 another store. The property
is owned by Madison Grant.