The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-28
NEW YORK PIVOTED
ON THE HOFFMAN HOUSE

, The crontes all waited ,o- -.
wreckers VINO we're tearirr ,, ~
tessellated floor 10 got TO tho n,sar
rooster in the middle OF tie o~or,,aa.
Each one was bound TO have a coo,A
cube out of that bird
II was In honor OF that ro,,,.r
a now o was laid some year, nm
n d Mahoney Invented his new dr,rL
me ROSTERS egg II was made u,.,
a raw dropped into four nny,-,U
scotch whiskey. II ~br~kfaS. :.
ordered before the eggman ha. No.
round II may be made hv do,,h to"
the whiskey and leaving ou, - 90.
Ed Stokes continued 10 ma - -.
house until 1897. when he sold ~. g.
terest to John +. Caddagan and Nv.
ID. Leary. They continued tho 49,
on lfnes laid down by Stokes. ana w.,.
successful. In 1899 the business vN,A
had been Incorporated with ,,oo ona
capital etook. Increased go csr,IeIin.
ton TO $500. 900. Leary died IN ,oos
and his son. Daniel J. Leary, ,nh.-.a
MS interest Caddsgan died N o.,
her, 1908. The management a, ~.
HOFFMAN House vas then tskan 90.
by me Misses Anna and Na,n-
C~addagan, sisters of tho la.e nr,n,,a.s~
MISS Anna CaddaEan became preW.
dent ana goneral manager, and Ma,
Margaret Boyle took on the hu,,e, ~
steward tho only woman 10 hold rr,
n Job in any of New York's biz hots,.
THIS change of management A..
ctrrSSf at a time when tho Nd. naA
turned IN tho affairs OF mo uo~,n..
House. Newer and larser hoer Nj
increas ed rapidly on Finn aycnr.
ana broadway. Tho city haa eurr
away from Twerty-trnrd etreet A..
centre Oh patrons had DIED Ard
visitors TO New York found mon. n
attract them in tho newer hoe-s,1.
Tho wall Street men wont further m
town Tor their afternoon cha. aNorv
the market and the politicians aod
horsenen migrated TO me region a
Fory-sccond street.
IN October. 1910. a petition IN Ma n.
rupscy was fled against ire Horm.,
ftouse and f. G. McLauzhlin uss on
pointed receiver. A conference Of N,
creditors decided N continue the hu.,.
nees with the cooperation OF a com.
mittee consisting Of a rppresorta.ivs
rom each OF the Ave heaviest cretl.
tors-Acker. Merrill 4 Cord,t. Park A
TTiford. Sayles. Zahn 4 Co. Wiser
Distilling Company and r. J. T,,us
bus'neas dld not pick up and IN sep.
tember. 1911. Miss Anna Caddsgsn a,
president 81 the corporation n'el
schedules In bankruptcy which Shove.
liabilities OF 5000 .elg. OF which s37T2@
was unsecured Alexander McDona'
was appointed manager BY ~,
: Farmers Loan and Trust COMPANY
the agents for the Francis s. Kline,
estate. % the la n or yh,cl
the hotel stands. The Twenty-at,l
= street corner was torn down and
= lot building erected there. The Are
mario on the corner OF Twen,v-,ol-t
, street was Joined 10 tho Old Ho~ma
I and Daniel T. Richey undertook n
r inanaEement
. Tn" Hoffman and The Altemsr!e VT
ne and they stand on. have ben -,
| 5y the heirs of Frsncis s. KINNEY ,
Louis J. Horow.tz, president of n
= Thnmpson-S-arrett Company. and
. sixteen story store and loft build!n
= Ia 70 take their place. Tho last g7iea,
. have handed IN their keys and =
hotele have closed their doorA IT,
wreckers won't talSe long 20 rrrpv
these landmarks Of half a century
The price paid for the prupNrt
Is sa.d 20 oe close to 81. 900. 900. TN
4 price pad by Francis g. K!n-Ay
father for the entire BroadVay N'r'
: front. between Twenty-four-a a.
Twen'y-ffth s~treets. IL said % Nay
been $1,000. The new operate "
o mean an investment OF mora .Ns
$4,000. 600. as the new huflf'rR "A
COG. 1880. GOO.