The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-28
MANSION
SOLD TO BUILDERS
Home of Sugar Man in MURRAY Hill
Section to Be Replaced by Tall
Loft Building.

The Oh! Havemeyer mansion. at tho
southwest corner of Madison avenue and
Thirty.elghth street. once the home
O, the founder Of the great sugar re-
anlng industry which bears that name
and Of the Havemeyer fortune, Is to be
ing erected. w. Butler Duncan. exccu-
tor Of the Emily Havemeyer estate,
agreed yesterday TO sell the property to
A clisnt Of Clark T. Chambers. He Is
a builder and will erect a sixteen story
building. from plans probably by wal
lace T. Goodwille. on the property AS
soon as title to II has been secured.
Two tenants, who will take several
floors. have signed tentative lea ses.
which means that the operation will be
rushed 80 as to have It ready next
spring
How the operation will be accepted
BY Murray Hill owners is to be seen.
(. IL just what they have been trying
TO prevent. and have. prevented either
by purchase or with the aid Of the
courts, all of which has cost money
which runs into the millions. The pres
e~rvation OF the principle which has
made the Murray Hin section the I'm
est in New York Is a question that will
be solved by the action of neighbors in
the next few weeks.
Trade Is not wanted and in the pas
no expense has been spared TO keep out
Of the section business OF every ma
ture. Even the shadow Of a CONNER
c'al structure has been prevented from
falling within the east line of the
old Middle o by the late ]. p. Nor
gan. George r. Baker, hts son Charles
Lanier and others. The task has been
. hard one n required a constant
vigilance TO Keep trade outside the re-
sricted zone.
Though the Havemeyer property a
within the restricted zone IL Is not COW
cred by the Murray covenant made In
1898, according to Mr.. Chambers, as the
property was bought before Mr.. Murray
put his now famous restriction on the
section. Since VI was not his his cove
nant could not operate against his cor
ner. Murray Hin residents did not fear
his property until several years z be-
cause Of the stand taken by the Have
meyers TO preserve the section. They
were Interested In the fght on the
northwest corner of Madison avenue
and Thirty-eighth street. which was
finally bought nv Mr.. Baker and others
TO prevent the construction OF a business
building which was then under way.
having hen carried up two tiers on the
r%retence that an apartment house was
being erected.
The HGvemeyer property IL loo feet
o. the avenue and 10 feet on the
erect. The hou'e Is four stories aud sets
back some distance from Madison ave-
nue. The mansion was once the finest
n The city. II Is yet one uf the best and
largest In the Murray fNn district. The
house MAS abandoned By the family
about SIX ycaTn x Cor an uptown loca-
ton. Clarence Mackay then leased Il
10" three years at $50, 900 a year. Since
ne itti II three years ago 1t has been
u7o'cIpI,a. II a. put on the market
'pr sale Al about this time at s75O,ooO.
About 500. 600 Was Topped on the price
this year. which i is said hastened the
sale o: the property.
Vt the southeast corner OF Madison
avenue and Thlrty-eighth street is the
Oh South Reformed Church property.
which was bought by operators as a
STE !pr an apartment house. Murray
HI folks asked the courts to prevent
This Improvement. but the Court OF Ap-
peals only recently said IL could not he
stopped. the court deciding an apart
ment was a dwelling. which was what
Mr.. Murray said should he erected on
the property.