New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-11-19

Woolworth Building stands, AZ rSrA
Place and Broadway. Golding ana Ia.
ward J. Hogan were paid fee OF ABOUT
s22,500.
OF course, the most valuable prop
erty ever sold in this city was the sue
of the new Equitable Building, at fine
ST. and Broadway. General 7: Coleman
du Points company got 1t for aoou'
10000. 900. That sale was mace Or
rect between the principals. poueiae
Robinson. Charles s. Brown Company'
in getting for the Pennsylvania ran.
road the site on which is the station
AT 33d St and Seventh av., oo'alheu
fees of many thousands, but the prop
critics were not bought at one tiine'
This same situation applies to the Pu.
chase bv the New York Central OF It's
terminal properties at AID ST; ana
Eourth av' Golding was the broker IN
,hose onerations. and his fees were Tar
above the $780, 900 mark, but the par
cels were bought. not in a lump ou1
senarately. The fees earned, moreover
nv Horace 5. Ely & Co. in proeuring'
as brokers. the properties the McAdoo
tunnel company needed for us rignt Oh
wav and for terminal purposes iar eN-
ceeded BY many figures the larsesI
single commission ever earned; Dut III
iris case too. the purchasing campaign
extended over very long period.
Biggest Individual Fee.
The largest single fee paid to an
individual for a sale and lease OF
etc was that given to Albert IS. ASH
fortb for the sale Of the old New YORK
CHM nroperty, at the southwest corner
Of 35th st. and Fifth ay., and the ad-
Joining property, owned by the late
CHARLES Stewart Smith, to Boehn ana
Coon and the lease Of the entire prem
ises and proposed building at Acker'
Werrall & Condt. The fee for the SAFE
81 The nroperty was $4,000 and for
Tho lease Of the building and land
s3s 900. bringing the total up TO
s67 900. Lawrence B. Gilman & Co. got
for the leasing Of the Hotel Ansonla
property some years ago for W. H. u
Stokes $4,000.
Every broker hopes some day TO at
tach himself TO one of the record COM
missions i'm the local market, and THIS
exnIains the unshakable lure that the
realty brokerage field casts over many
men. in spite of severe setbacks. Many
a broker has gone to bed poor as the
proverbial church mouse to wake up IN
the morning to find that he was worth
as result OF deal success
fully negotiated.
The biggest commission for realty
operation ever paiG Was that given 70
Albert B. Ashforth and Lawrence b.
Gilman & Co. for leasing for Burton
Brothers to Lord g. Taylor the land and
building at 87th st. and Fifth av., now
occupied By Lord e. Taylor. The zee
thew split was between 100000 and
$4,000. This record is said to have
been eoualled by George r. Read & 60:
when they leased the Marshall Field
property on the east side of Fifth av.
between 3lst and 32d SITS, to the late
Benja amin Altman.
Some other record realty fees in the
local market and the properties in the
deals were IS follows:
Leasing OF the +. w. Vanderbilt
property at 4Oth st. and Fifth av,. to
Arnold. Constable & Co., for long
term. at q s5.000.000 rental for the
term. Douglas L. Gilman g. Co. got a
$50 900 fee.
Sale of the site at the northwest cor
ner Of 66th ST. and Park av. TO the
Fullerton Weaver Corporation by
Douglas l.. Gilman. Fee, $4,000
Aldrich estate parcels at auction, the
sum realized being s5,000,000. Bryan
L. Kennedy was the auctioneer. AS the
auction commission is one-half of |
per cent, his fee was $4,000.
Joseph p. Day has obtained quite
large number of fees around the
s25 900 mark and some equalling the
previous record.