New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-09-11
BROKER DEED TO
TUFTS COLLEGE
Property in Upper Fifth
Avenue, South of
111th Street.
TRANSFER FOR
NOMINAL SUM
The Ritz Corporation Buys New
Loft Building in
25th Street.

The trustees Of Tufts College got
title to an upper Fifth av parcel yes
terday for nominal consideration
from Austin B. Fletcher and another.
as executors of the Henry J. Broker
estate The site is on the easterly side
Of the avenue, 80 feet south Of 11lth
st.
The late Mr.. Broker was a large real
estate owner and importer Of chemi-
calls. On June l, 1907, he married Mrs.
Catherine Gelshenen. widow of the for
mer president of the Garfield National
Bank. In August, 1908. he and his wife
went abroad. On the voyage he caught
cold, and he died on September in a
hospital at Plymouth, England, from
pneumonia. At the time Of his death
he was the owner Of much Manhattan
property, including the southwest cor
ner of both st. and 9Th av., then occu-
pied by the Health Department. II
had been the former home of the New
York Athletic Club.
When the Van WICK administration
Croker was boss Of Tammany Hall.
Croker bought the old building, which
had been vacated by the athletic club.
the purchase being ostensibly made to
provide the Democratic Club with a
permanent home. Soon afterward,
however, he sold the building TO Brok-
er at a big profit and had installed
there the Health Department. Thus
Broker got a big rental for the prem
Uses.
/ The Ritz Realty Corporation, OF
which Robert McCatts is president, has
bought the twelve-story store and lof.
building being built az Nos. a. and 46
East 25th ST.. 50xl00 feet. beginning
/ 175 feet east OF Madison ave. and ad-
/ joining the New HYDE Building. l.
/ abuts the Metropolitan Life annex.
The building will be ready for occu-
pancy in December. 1t was designed
by Schwartz g. Gross.
Pease & Gilman sold this property
recently to the John VI. Slattery Build
ing & Construction Company in ex-
change for their new apartment house,
157 East 8lst St, and also secured for
the Slattery company a building loan
of 5000, 600 from the Metropolitan Life
Insurance Company. The property was
held al S35O,OO0 and is an all cash deal.
The store, basement and first loft
have been leased by Pease & Gilman
through Stephen II. Tying & Co. to A
/. Reid & Co., white goods, now at 81
White St, for ten years.
The Hall-Berwin Corporation has
! leased for Thomas c. Durham and the
Farmers Loan & Trust Company, trus-
+ tees of the estate of Thomas c. Dun
/ ham. the three four-story private
dwellings. Nos. 81 to So West 55th st.
on plot 50xl00 to the newly formed
Baniey Realty Co.. S. Morrill, Banner,
president. Plans have been prepared
by Rouss E. Goldstone for the erection
on the site of a nine-story fifeproof
apartment house, containing house
keeping suites of 2, 3. 4 and rooms
and baths. A fully equipped kitchen
will be installed in the basement for
the exclusive use of the tenants. The
building will be ready for occupancy
in May. 1916.
The brokers report that they have
secured building and permanent loan
for the new operation. Geller, Ralston
/ & Koran represented the estate as at
+ torneys
/ sold for Eugene Lamb Richards as
trustee. Nos. 44O-45O Audubon ave, oc-
cupying the block front on the west
side of the avenue from 18th to l8Sth
SITS. The property, which consists OF
a fve-story elevator apartment house
/ on a plot 1S99x75, was formerly owned
bv Saul & Isidor Oliner and has been
purchased for investment. The prop
erty had been hid at S2500OO
Frederick Brown has resold the plot
5Ox9Ox irregular. on the north side OF
Webster ave. between 205th and 2O1tr
SITS. to a client of O'Hara Bros.
Frank b. Taylor sold for Mrs. L. NJ
Rice and Mrs. G. c. w. LOurey % Wes'
49th ST.. four-story brownstone dwell
/ ing. 20xlO05, Columbia College lease
hold
The Hoffman Company has sold &c
/ John NJ Cantwell 2438 ard 2442 Nalen
tine ave, two fve-story flats, lO2xl3b
completed last year.