The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-01

first twenty-one yenrs the rental 10 ne
paid to Mr.. Vanderbilt will be sJ,000,-
900.
The coming Of this store to Fifth ave-
nue. means no more division OF tho
shoppers attention between the Fifth
avenue section and Broadway near
Twenty-third street. Arnold, Constable
are the last to leave the old section for
the new. The other stores have located
near each other on Fifth avenue for
trade reasons. FOR their patrons are iden-
teal one block to the north OF the new
, Arnold. Constable location builders are
hard at work erecting the Rogers. Peet
Company's building. Eleven stories
high, II covers the northeast corner OF
the avenue at Forty-first street, with an
extension to Forty-second street. 1t has
displaced seven five and six story pioneer
Office buildings and dwellings. The area
OF tho plot Is about 1900 square feet.
Though the building IS months from
completion several floors there havo
been rented. The rental for floors
ranges from s25 900 10 $4,000 a year.
Hetween Il and the Vanderbilt corner
Mrs. Jennie X Stafford is having her
building at i73 Fifth avenue made over
at n cost OF $2j 900. \ new front has
been put In and studio built on the
roof Mrs Stafford is making the
alteration for "A dealer in musical instru.
ments who H. said to have agreed TO pay
fancy figure for the building.
on the south side OF Fortieth street
probably 100 feet west OF tho avenue
the s West Tortieth Street Company
has decided after years OF waiting to
improve the property at 6, and 10
West Fortlcrh street with a twenty
story building which will cost 100000.
II viii be the tallest building In the
Library section. Several floors IN the
building have been rented TO down
town firms which are expected to give
prestige to the structure and thereby
help IN the rental OF the building by
attracting other tenants In the same
line of business to It.
The purchase Of the Lewis corner by
the Murray I'M Realty Company for
Improvement with tall building was
the latest and next TO the Arnold, Con-
stable Improvement the most inn
portant operation that has been planned
in some months for that section Of the
avenue. Plans Of the new company are
; not definitely known. Whether the
building will be a skyscraper or a build
ing OF ordinary height has not been de-
terminod yet. This much Is known
however, that II will cost upward of
$500 900, which. II must be admitted, Will
produce a fine building. The operation
d "a purely a speculation based on the
great happenings in the section and
what will follow as soon as the worlds
p business Is able to get rid OF the
hampers that have stood in the way for
several years. 1t was said that the
: building was to be erected for the use
OF large retail concern. but the men
In the company say this Is not the case
The closing in Of the gap in the build
Ing line of the avenue at Thirty-sev-
enth street with fine building was well
come news to nearby owners. for un-
improved property does not add TO the
! appearance of block and detracts from
the nearby fee and space values.
= For several years the Lewis corner
2 has stood vacant. The old Lewis house
r the home OF Gov. Morgan OF New YORK
during the civil war. was removed few
years ago when the Lewis family found
r difficulty In getting 100000 for tn,
= corner This was expected TO aid q SALE