New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-12-29
RESELLS PLOT
AT BIG PROFIT
L. R. Palmer DisposeS OF
Dey St. Site He Bought
aFew Days Ago.
HOME OPPOSITE THE
ROCKEFELLERS SOLD
New Owner to Alter oath 81
House - Market Enjoys
Another Good Day.

Interests connected with the ne"
twentv-six story American Telephone
and Telegraph Building, At Broadway
and Dey at. are said to have paid Leslie
R. Palmer a handso profit for the
property al 20 and - Dey ST., adjoin-
ing. which Mr.. Palmer contracted to
buy few days ago.
On the sit, Mr.. Palmer had planned
TO erect twent. story business build
ing. and to prevent its erection. which
would interfere with the westerly light
of the corner skyscraper. it is reported
Mr. Palmer received S425,OOO Tor the
nronorty. This estab ishes what y per
mans the highest price given Tor INSIDE
lots an Dew S.. The increase Is re-
fected in comparison Fith an eNecu-
to~'s deed transferring in May, 1907 to
+be former vner, J. B. Peek, the prop
ertv at 20 Dey st. for Sl5O,OOO. or $780,
600 for the entire plot. The resale was
negotiated by the Douglas Robinson
Charles ). Brown Company.
Other sales follow:
54TH ST.-Willam b. May 60.
sold for DR.. Waiter b. James II west
saith st. 20 . client. who. after mahlng
extensive alterations, Will occupy H.
T. il opposite the Rockefeller homes
and in the midst of houses accumulated
bv the Rocketellers 20 keep business
out Of the block. The house stands on
a lot 25xl00.5 feet.
Inc, have sold 'or Mrs. Emily Schaehier
and Joseph .. Schleffier the Schaeiier
4 q
block front on Grotc St, between Cam
brelleng and Beaumont avs, having a
frontage on Cambre.lenS av. O. 2O2.59
feet. and 1927 feet on Beaumont av,
containing about thrte lots, 20 the
CITY Of New York for &c erection OF an
annex 10 Public School 32. The school
n,operty will .yw comprise the entire
block bounded by Grote st., Camorel
Ieng ay. Fast lS3d'st. and Beaumont av.
LUDLOW ST. Z. II. Ludlow & Co.
have soli for cash for the Equality
Construction Company the i've story
front and rear tenements at u Ludlow
ST.. on lot 25x6G.6, between Canal and
Hester SITS. The buyer is Isaac lager.
who owns 10 and - adjoining, and nov
controls a site t5XS16.
WADSWORTT Az. Il. l. Strunsky
G Co. have resold for Gustavus l.. Law
renee the nortne.ly part OF the plot OF
fifteen lots on the west side Of Wads-
worth ay., extending from l90th to l92d
ST.. purchased Monday from Jeanny
B. Truu. widow Of William C..
Trull The portion disposed Of has a
frontage of 1853 feet, a depth Of 96 feet
and a rear line Of l5i feet. The new
owners are Bohrman 6 Schwartz. who,
under the title Of the ;. b. Building
Corporation, viii Immediately start
work on the erection OF three Eve story
apartment houses. The building loans
for the new structures have been
placed by the same brokers with the
Lawyers Mortgage Company.
18th ST.-Pease & Gilman have
sold for James y. FcsseEden the four
story dwelling az ia East 79tn st, on
lot 1S.9xlO0. between Lexington and
81 avs. The buyer is Mrs. Paul Dana,
who purchased the house for the oc-
cupancy of her daughter, who recently
was married TO Dr. Warfeld p. Long
cope.
27TH ST. Mary Smith is reported TO
have sold 1874 West 2Tth ST.. a three
story and basement dwelling, on lot
22xaS.e. between 9Th ard 9th avs. This
~ the FIRST transfer Of the property
since 1879.
81 Az. McLeraon Bros. have aold
FOR the J. ". Cornish Construction
Company the five story new-law house.
with four stores, at il2l Sd av., be-
tween 10th and 10th SITS, opposite
Borough Hall. The house occupies
plot. 50xl04. The buyer is an investor,
who gives in part payment the plot,
1O0xl25, on the west side Of Park ay..
100 feet north Of 10th ST. This plot
is 10 be improved with two five story
apartment houses by the Cornish Con
struc.ion Company.