New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-20
S95O,OOO SALE
In MIDTOWN
Samuel K. Jacobs Pays
That Sum for New Build
ing in 30th Street.
STRUCTURE ADJOINS
THE HOLLAND HOUSE
George NJ. Clark Takes as an
Investment Two Lexington
Avenue Houses.

A large volume OF sales was a feat
ure yesterday Of the local market. The
new twelve story mercantile building at
S 10 IL West 3Oth ST.. valued at $780,
600, was purchased by Samuel X.
Jacobs, Of Walter Emmerich & Co.. as
an investment from Isaac A. Hopper,
Inc.
This structure replaced the Howe
Building, which occupied the site. +. A.
Mcconnell and jeremiah c. Prender-
CAST negotiated the deal, |. Josephson,
lawyer, representing the seller.
The building is on plot lOONlOO
feet and adjoins the Holland House at
the southwest corner Of 30th st. and
Fifth av The Hopper corporation
purchased the site in April, 1914, from
Otto H. Kahn and Paul NJ. Warburg,
as trustees, for about 100000.
The property was sold subject 10 a
mortgage for sG50,000 al per cent It
was leased soon after the new building
was up to realty company for a term
Of ten years at net rental OF $4,000.
The building was erected from plans by
Thomas W. Lamb, at an estimated cost
Of $4,000 Mr.. Jacobs has long been
a prominent realty operator. He re-
Gently sold the old building at the
northwest corner OF 26th ST. and
Fourth av. 94x7S feet, to Lorne A.
Scott for improvement with a sixteen
story mercantile building.
J. Irving Walsh mas sold for Ennis &
Sinnott to George VI. Clark as an in
vestment the two three story dwelling
houses at 1929 and 1891 Lexington sv.,
on plot 32x62.2 feet. The property is
between SD and saith SITS.
The McManus Estate has sold through
G.. Reynolds Gibbons the three story
and basement dwelling at 50 West 9th
ST., on lot 222x92.3, located between
Fifth and Sixth avs. The buyer is a
client Of Richard s. Elliott. MIR. Elliott
recently bought the dwelling at 80
West 9th ST., directly opposite from
Louis c. Jacoby, and resold it to Mrs.
W. Forbes Morgan. who plans 20 occupy
it after II has been extensively altered.
The Douglas Robinson, Charles 5.
Brown Company has sold for Charles
b. Squire Is East S6th St, a four story
and basement dwelling, on lot 25xl00.5
feet, to Charles 7. Terry. The house
Is located between Fifth and Madison
avs. and has been bought for occu-
pancy.
H. VI the ~ H.
son Company, has bought from II. A.
Strauss l4S Spring St, near West
Broadway, a five story business build
ing with store, on plot 20xl00 feet.
Sussman e. Gibbs were the brokers.
Kurz & Uren, Inc. have sold for
David Mackay 1929 and 1881 Clinton
av., near l69th St, five story building,
having three families on a floor, on
plot 50xl3S feet.
Harry II. Cohen has sold for the Ray
lorius Realty Company TO an investor
524 and 526 East 18th St, six story
new law fathouse, containing six apart
ments on a floor. The structure occu-
pies a plot, 50xl00.ll feet, near Pleas
ant av., and was valued by the selling
company at $4,000.
The Hammer Realty Company (Er-
nest +. Hammer. president) has sold
the plot Of about ten lots on the east
side of Valentine av., running through
20 Tiebout av., located 69.6 feet north
of 1s3d st. The property fronts 100
feet on Valentine av. and 1912 feet on
Tiebout av., with northerly and south
erly lines Of 2274 and 2l2 feet. re-
spectively. Contracts for the purchase
were made with Jacob Gesler. The
deal was negotiated by David II. Spring,
Peter n. Gardner and Max Miller.