The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-09-26
Rise Testi.
:mony Of Fact
That City Still
Is Land of Oh.
portunity- Some
Interesting Be.
%ginnings

some time the block was surrounded H.,
a high board fence. Mr.. Palmer ,.
ganized a company to buy Oh, ,r.a,,
mortgage. which they secured and r.r..
closed, the company buying tu fine MON.
erty. Then he planned tho or,.,.g. -,
the present Brunswick Buildirr 49,
until the coming Of the F,rih Ay,,,.
Building. was the mos; spa.Iol. an
Fifth avenue.
This was not only palmcrs frs, rp,
his largest operation. Sine, then u1.
quiet speaking man., who looks wur. liza
"A student han an acttv, uuNu I1.. =,
sections, has built at least MIN, DY, IA.
buildings. He is now nu.sh.rr
building at the northeast corner nr r. :
Avenue and Thirty-sevcu'h street. MAN.
~ which he bought last wear s,.,
the Lewis estate. This improycm,,' ,,.
started before he had finished H.. VA.
dorf Building in Thirty-th rd street ,r.
posite the Waldorf. Astoria Hotel.
The site for this building U, l,,..a
from Vincent Astor for a long loon ..
n rental OF si2i.2iu u y,a ,,r FIN.
Thirty-third street property. ard "a.
600 a year for the parcel az , AID ,
West Thirty-second street.
William Lustgartcn. thong, INA,
young In years. being only "a. las "a,
much experience in real cSta. 80
yer at II he took To- real o.,t,. .Y.rps
diately, beginning his realty ,.,I,., d,
buying up tax liens. Win m,. o.,
cured In this way ne followed '.. .l..
ton market and in tn, yuui,o ~ A te
cade has bought more than Isu p...e. n,
real estate. valued roughly az .,y. -.
millions OF dollars. He luys ,h.a.
k1nuD nrOnpH tiHG t.Fat,,.rF. ~ -
Few of his purchases nav, been mad
outside of the auction mu,,, ",
THINKS that greater bargains ttr O.,
secured In this Way than al a.,c,
with n little fixing hero and 'r.r.
puts the houses in share Z, iu.,ir,
bL returns either In rents or d, ,tlo n
operations have taken his money ~.
every section of the greater CITY. Re,
estate Is not his business. however.
~ n lawyer, and an active ole 'uo. Re
estate is his hobby or side Inc. a SD.
line which has brought him more VOL,
win less effort than his LAYS lus Mes.
\ lawyer and operator he IL also , sl,r'.
tnNer being chairman of the New yor
State League.
Five years ago Joseph Ennis AM
FRANK r. Sinnott were renting &c..
n selling houses whenever p.s. ~.
'' l''l fl'IEI'H 'tr !
i!omainc Brown and S.uuu', q
Frederick Ziitell on the E,s, 81.
Tie pair went to school rga-,.
II their native Washington IT,,
iad been sixteen SeaIs i'm the rc .s,.a
business when they decided 10 comb Poo
ana turn their knowledge to r..., On.
profit. With "A capital Of sluu.0 .t.
PAR began, and their first ruf.., $50, "a.
inc four story dwelling AT ~ - NEA.
olas avenue. They sold il SON.
later for about what they had ...f g.,
II. But this did no; |dis.ogttss 90
young men n they bought aga.
this tim making none. S,, ,f.
they have bought few prop, .. q. ..
which they have not tunnel pr...- ,r.
or large. This is saving q l' sn- .rs
firm has bought at lcas, iu0 pt.e's
the last five years, ACCORDING ? "
Ennis.
Paul McGolrick had saoo r.i- 20 u.
ago when he mad his ms. N.
as an operator. A. thar tfw, b
desk room with Tax ComwI.s,. 90. a.
leran in the Emigrant Bank Rln. ~ ~
Chambers street. The housu h.U-U' y.
on LenoN avenue. His on'r" -N '--
went Into n long term or'.nu. "a '
sold before IL expired for w.r. ''r
he had pledged. He has rnt stopped D
Grating since, which y proof 'ht' he
operations have been successful lls -s
Issued 400 lists of property Vn' - '.
had bought. He has r,W tNn,' -'...
properties on his list awaiting buyers
Irving Levin is one of trr '-r t
young men of the urerat s,' RH.
displaced the old group cu.'...H -
branch Of the market he ht. zoe p
Grating about nine years an. .. |t"
to say has made a fortune 'r"
activities, which have taken .r ''
every corner of tho create D't
like many oth,r operators r Pic" wt."
to-day Nv Levine started u. .'.
hook wei, verscd in tn gnW. "
TO make him rich in a co"..~t' ''.'
few years.
He was srhoolcd I'm III u' 90
father, Fischer Levine
operator II would he hard p. n
him and first hand knowl'ir' boo ' '"l
the business Of matching .. " "A
brokers and owners uI .- 0- ''
value with theirs. Fischer Low. '.'N
va'ues and 50 does his -.'
IrvIng's first step as an o",'t vas
IN February, 1905. IT, .. 10
/ lated several thousand doll.
this money and none of Nr '".
bought on his own knuwl'.-. oil. ..'
the property at il3 Co.,. Mos
Thirty-seVenth street, AZ . '. b"
cant property. He sold he l''.' ID
few days after eXeCutlug
of $4,000 To Marks BRO. '
improved the proport' ''l
young lH wine had not oy, %
value of this property Pills. L
and his initial capital Me- E@ ''
weeks later fourteen luts CO. 1905. -'.r,
through TO lllth street i''H 10
Kempner. who rec utiy f.'n,I .''
nership with young Mr. ir".'' u't
other. lie paid sl@o,no' t"r '-. ~.
sod them within a few ""' 7"
Sl25,5O0.
Mr.. Levine has not StnpN ".NF
money since. Reluctantly lr sN| "
other day when asked about '~ '. NO..
making exploits that he had ~. '.'''
to complain. There hay ' ".
weeks since early in Ft*~--ry ''', ~
Mr.. Levine has no, aia'. %.
tune. lie Is now oporJi'E '' '.'
ington Heights section. his .t~' i.'. "
there being six lo'S or l'lr' .'''
which he is ahou, ready Z" turn over
to another for Improvements ""
Sol Bloom. the man who '.' .' ITO
big building being erected u'
OF the old Herald Slutr" I''. '
the west side Of broadway '''.
, NTH to Thirty-ssNth street.
comparatively young in Io'1' "
tate,
r Bloom has nearly always
theatr!cals and rr1 "~'N'"
/ in the theatrical 'rs.n'-~ ..
cisco about tWev .'-'Nr vows ,
/, he took his first Tier In '.u
was u step TO promote p ' -''
n