New-York tribune., 1915-03-26
Bio Apartment Deals
On the Upper West Side

AFTER this contract was closed Mr..
Brown died, whereupon both the pur-
chase and the resale could not be rat
ihed, rs the passing of the title was
impossible. The Alberts yesterday
again found another purchaser for the
Netherland. which was sold at an ask
ing price Of 100000. They also sold
the Arlington lots.
In December last an exchange Of the
property for large tract of land at
Far Rockaway was arranged with Am
brose +. Baker, but not completed.
Cammann, Voorhees, & Floyd have
cold 20 an investor the Ohio apart
ment, seven story elevator apart
ment on the southwest corner of Am
sterdam av. and 10th ST., on a plot 40x
1922 feet. This property has been
held ut $l75,000. and is sold for cash,
there being NO feature Of exchange in
volved in the transaction.
Substantial activity in the Areco dis
trict in The Bronx in the neighborhood
of Westchester Avenue and Southern
Boulevard gives evidence Of a rapidly
returning real estate market and sound
rental conditions. The American Real
Estate Company, which developed this
district, announces a number of impor-
tant sales recently completed for cash,
upon which building loans have been
arranged and construction work be-
gun. The present strong rental de-
mand gives promise that the new apart.
ments when completed will be quickly
rented. and proves the soundness of the
growing demand on the part Of the
builders for apartment house plots in
that section.
Dudley S. Macdonald has bought 240
feet on the west side of Bryant Avenue
south of East l65th Street, upon which
he has begun the erection of six 40
foot five story apartment houses. Rob
ert Podgur has bought an adjoining
plot of l26 feet upon which he is now
building three 42-foot five story houses.
Simon Shapiro has purchased an ad-
Joining plot Of So feet, upon which he
is building two 42-foot five story
houses on the northeast corner Of Bry-
ant Avenue and East 165th Street.
Charles Richardson has bought plot
fronting l10 feet on Bryant Avenue by
100 feet in East 165th Street. upon
which Mr.. Richardson is now building
one 4O-foot and one 70-foot Ave story
apartment, and on the southeast corner,
opposite, Jacob Reich has purchased
plot ll0x100 feet and is building one
bO-foot and one so-foot FIVE story apart
ment.
On the west side Of Hoe Avenue,
south of Aldus Street, Nathan Wilson
has purchased q plot fronting SO feet
on Hoe Avenue, upon which are to be
built Immediately two five story houses,
each with a frontage of 44.6 feet.
The American Real Estate Company
also announces activity in its Yonkers
properties, Just north Of the city line.
An apartment house on Bailey Avenue,
In the Lawrence property, South 1on-
kers. has been sold for cash 10 an in
vestor, and a plot Of land in the same
neighborhood. on Bailey Avenue, has
also been sold for immediate improve
ment. In the Park Hill district the
sale Of houses on Edgecliff Terrace TO
Arthur V. Geissler and on Rockland
Avenue to Frank L. Reed have been
completed.
Other sales follow:
10th sT.-John Weber has reso,d tire seven
story apartment house known as Pineknsy me, Soui
located 2el feet east OF tn ay The seller acquired
The property last December from the Moore simon
ilSTH sT"Ennis 4 sinno.t hsv. purchased from
Anna G. Valentine 20 West lloth s. three story
f1noI and 7th avs. The seller owned the property
since 1899. ,,,.-. ,-.-
purchased from the Jackson estate S5i West ogih
adjoining the southeast corner Of llth Az. L. }.
G rceu berger was tho broker
18TH sT.-The Douglas Robinson. Chsrlss
Brown Company has sold for Ghertrdf DAVIS 80
East 18th St four story dwelling. on lot 25K
lCo.2. TO buyer for occupancy IL was held a.
$4,000
WEBSTER Av.-J. Clarence Davies has sold for
the Duo Company 2765 Webster sv.. es feet south
Ct l9Sth ST. one story brick store. on lot 3oIlZl
feet. -,
LEXINGTON AV.-Anns X. Ronsldson has sold
1862 Lexington av., three story dwelling. on lot
7Bxs5 feet. near 18th 81
PROSPECT Avg Tuotu q Co. have sod for
W W. Adams the plot on 1921 ct. near Prospect
GI 10 d. Brsvin on which he intends 10 build as
Annn plhns ready.