New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-21
First in the Esteem
of Many Realty Traders
1t Is the District of Which Forysecond Street and Park
Avenue Is the Hub-Buildng Erected
in Recent Years

Most of the tall buildings IN ;hc sec
tlon have been nut up IN recent years.
SUll larger. II not higher buildings ARC
being considered for sites i'm the dis
! trict ia the near future While no
plans have yet been announced for the
/ block front on the castcrly side Of Park
Avenue. between Forteth and Forty
second Streets. where for many years
stood the Grand Union Hotel. it was
learned from trustworthy source
that q twenty story Office building is
TO be built on the entire plot.
One Of the most important buildings
projected for the section i'm 1909 was
the seven story loft structure, at . and
Z East Forty-third Street, II was built
from plans by Dclano & Aldrich. archi-
tects. for the Pittsburgh Construction
Company. II has a frontage Of j6.s
by 90 feet. The estimated cost was
100000. In the same year plans were
filed for 4 thirty-onc story brick and
stone hotel TO occupy the plot at the
southwest corner Of Forty second
street aud Madison Avenue. on which
is now the 30 East Forty-second Street
Building. Ilclmc e. lIuberty were the
architects Of the proposed hotel and
the City Real Estate Company. of 176
Broadway. was given in the plans as
tho owner Of the premises. The motel
was 20 cost 100000. This was pc
Rod in the history of the section when
n seemed 10 nc the consensus of oDju-
ion among experts that the most profit
able buildings for corner properties
were hOstlerieS.
In 1910 the building operations in
the section were extensive. The
4.
the Chemist Club. the building for
physicians were among the structures
10 be put up in tho year. Besides, the
southeast corner Of Iorty-Second
Street and Fifth Avenue, one Of the
choicest speculative parcels IN the
whole realm Of realty, was improved
that year witt a seven story brick and
stone Office building with stores for
Edwin Wolf AS owner, from plans by
Thomas ". Lamb. architect. That
building has a frontage Of 1873 feet
on the avenue and 100 feet in the
street.
The estimated cost Of the building
Of Charles & Co. was $4,000. Ii Is
A twelve story brick and stone Office
structure. Charles |. Berg was the de
signcr Of the building. The Sterling
Bronze Building is at l6 and Is East
Fortieth Street and - East Thirty
ninth Street. II is twelve story loft,
with unusual ground dimensions. II
has a frontage in both streets OF about
81 feet. and as II extends from Thirty
ninth 10 Fortieth street its depth IS
1877 feet. This building was erected
from plans by c. II. Caldwell for Mi
chae Friedsam, as owner, at an eSu-
mated cost Of S250,000.
At 40 and "a East Forty-hrst Street
is the building built in 1910 especially
for physicians. II is owned by [. NJ.
Warner Of 20 Wall Street, the design
ers being lsraels & Harder. The struc-
ture is twelve stories, and has a front
age OF COLO and depth Of 9S9 feet.
Persons competent 10 pass on the mer-
its OF such structure say that this
is one Of the best buildings of its kind
ever erected in this country. The cost
was about 100000. The stone and
marble clubhouse Of the Chemists, ad-
joining the physicians building on the
east, and being known as so and 81
East Forty-frst Street. is ten stories
and is the work Of York & Sawyer
architects According 10 the plans, the
estimated cost Of this building was
100000.
Ono Of the largest buildings put up
i'm this section in 1911 was the Ander-
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