davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Here and There on Realty
Paths of Greater City
A ctivity Of Buyers, Brokers n
Auct oneers
NEW JERSEY.
By FRANK REMLN

Richard Croker lived when he wa. boss
Fourth Broadway and many hs, familiar S
getting ta n et 1 sss week Ee
as o1 With vsn wH s s Snd many
Publicity the eighth floor Of the
TR story APARTMENT house @ oT the % P%pson Az
north Of @ by the Melvin Realty and cS Dr4o
600 the routine G@ h S Ys s1a Mf .s % the purchase
story 5aig: sy
store s C Maiden SsnRsa ss % long D
Robinson CHARLES S Brown company:
s ns S;a s5 s SS 'S Mr. 6 Ss'n' preside s
That s Il TS address : f S, sSR z R S s &
SS a
@ Mathis . M mp & uss q s rsP ss
lS M f suitable space for the George
If r. sS s b. X. Hes.
for the sGning expansion Of business in mid
Mills also rented other big space
Good Business in Many Lines
Good sun ssm, g rsrs By s Ms N my n 5
c Ps; Co RsG GGR'TS 4'
ing T & % % DS~ S sis s sa
Live II: h s' sa .s. ad ssSSa
. I Inc Ro aud SH n n' he realty
Mcdowell brokers who taking good Of
Goldberg the southeast Of l89th and
a efforts Fischer Marc IOswenh. III:
for the termo OF will be 100000
through H. ~
Engewoo Board OF Trade Three
OF the Brothers Dr. Harold o. T.
Joseph H. riotson
Il Edward
H. Bell
e Pssd ssS and beautiful heahu you
about M6 UHSd staS my go Havana Cuba as Regime Tqn has
H.
Co, Villas kaufman company
The Henry NofSenaa Company bought family houses
ford 81
RealE r.
CO. l..
Vaughan L.
and William A. White Sons contributed large share
weekly budget o. sales
changed owned
years JOSEPH Day and Thomas Cooke negotiated the
brokerage
the Charles Noes Company where he will be Of the
ST. o ea.ea and :
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Predicts 4 Per Cent Loans
Will Be Made Before February

issuance Of large foreign loans is
going to have very direct effect on
the rates in the mortgage money
market, as we find quite generally that
the conservative lenders who are now
in the market for choice first mortgage
loans are not interested in these for
eign securities. OF course, they are
bound to have an indirect effect since
they absorb large amount OF money,
but the market is so glutted with funds
that | sincerely believe this will have
very little effect on the rates.
The new influence which is just be-
ginning to be felt in the mortgage
market is the advent here in New York
City of the mortgage banker. The
success which has attended those who
have engaged in this business during
the last year is sure TO result in a
steady growth Of this business. This
is especially true Of the first mort
gage real estate bond proposition,
which is the logical outgrowth of the
demand for small first mortgage and
for long term amortied mortgages.
These bonds are finding favor with
the most conservative investors, and
are being preferred as against the very
best municipal and public service
bonds. II would not surprise me If in
a few years the mortgage business here
in New York City would be entirely
revolutionized and conducted on the
same plan as it is now conducted in
Chicago.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
GROUND PURCHASED FOR
GOERKE STORE ANNEX
Newark Property Owned Over
so Years by Crane Family

The large four story brick building
at II Cedar St, Newark, adjoining the
department store Of the Goerke Com
pany, was sold last week through the
Offices Of Louis Kamm, Inc. The ground
measures 25 feet by 129 feet and the
building covers the entire plot.
This property has been in the hands
Of the Crane family for over fifty
years. II was purchased on March 81,
1866, by Mary r. Matthews, the grand
mother Of the recent holders, and has
not changed ownership since until this
week, when deeds giving title TO the
property were made 10 the Goerke Com
psny. The Goerke Company in turn
transferred the property 70 Richard
Wayne Parker and Cortland Parker
who own the adjoining building, which
is occupied by the Goerke department
store. The Parkers will make extern
siye alterations, making the new
building conform with their present
property, and have given the Goerke
Company a long lease on the newly
acquired premises.
The building just acquired will give
the Goerke Company over Is 900 square
feet Of additional floor space to meet
the demands Of their growing business,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
NAME NEW HOTEL
ROBERT FULTON
West list Street Structure
Leased to J. Wade Nc
Grath's Company

The fourteen story freproof hosiery
being erected by Bing & Bing at 22S to
236 West list ST.. 200 feet west Of
Broadway, has been leased for twenty
one years to the Seventy-first Street
Hotel Company, of which j. Wade Nc
Grath is president and j. Frank Con-
well treasurer. IL has been named the
Hotel Robert Fulton.
The hosiery will have 300 outside
rooms. Special provision will be made
for the renting of apartments, either
furnished or unfurnished. The dining
room will occupy the entire southern
side of the ground floor, and will also
have an eastern exposure. A large
lobby will face list ST., with northern
and eastern exposure. The lobby aoor
will have large and separate writing
rooms for men and women. The build
ing will be erected from plans by En-
cry Roth, architect.
The Robert Fulton will be deliberately
furnished, and in this respect, as well
as in construction, operation and APP
pointments, will compare favorably with
New York's largest and finest hotels.
according to the projectors. Mr. Nc
Grath, president of the leasing COM
pany, will be the manager Of the new
hotel. assisted by J. +. Conwell. Mr.
McGrath has been in the hotel business
for more than twenty years. He IS
president and treasurer OF the Fairfax
Hotel Company, which operates the
Hotel ST. Andrew. Up to few months
ago he was manager and one of the
proprietors of the Hotel tIargrave. The
j. J. Fleming Company were the brokers
in the transaction.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
WHEN THEY STATED
ON COLLECT POND
Calendar Just Issued Recalls
Dispute as to Location

On the 1917 calendar of the Title
Guarantee and Trust Company Is a
picture Of the Skating Scene on Col
lect Pond-winter of 1929" from
the original painting by John Ward
Dunsmore. With the calendar is Issued
q printed diagram Of the location Of
Collect Pond, as drawn on a map made
in 1866 by Lieutenant Bernard Ratzer,
and a description Of the famous paint
ing. RAtzer's map shows, it IS said,
that the proposed county court house
or civic centre, is to occupy part of the
site Of old Collect Pond.
we have heard il said that the
borings for the new courthouse have
cast some slight doubt on Lieutenant
Ratzer's location of this pond" says
the Title Guarantee and Trust Com
pany. I've made use Of this map in
locating the old farm titles in both
New York and Brooklyn. The map
corresponds so exactly in every detail
with the early grants and deeds that
we have rather come 70 the conclusion
that Lieutenant Ratzer could make no
mistake in the location of anything. A
number of trees are shown on this
map, and many people supposed they
were put there simply 10 make the map
realistic and ornamental, but in the
few cases where we learned through
old letters or pictures of the location
Of trees on Manhattan Island, we find
that Lieutenant Ratzer's map shows
the trees in the exact number and loca-
ton as described. With such evidence,
we are inclined 10 trust his location Of
the pond at the time he surveyed it as
more accurate than any location that
can be reproduced by borings to-day"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
HOME BUYING
In THE SUBURBS
Market Found Last Week
for Many Choice
Properties

A large number Of choice suburban
properties changed ownership last
week. Henry A. Rogers OF Worthing-
ton Whitehouse, Inc, sold for the es-
tate of James Abel Payne. tract Of
woodland in Bungahelds, Westbury, l..
|. This property is near the country
estates of Messrs. William Payne
Thompson and A. Ludlow Kramer. The
buyer will develop the land for his own
occupaSy.
Grifen. Prince & Ripley sold for the
iceland Realty Company a plot OF one
acre with frontage Of 100 feet facing
Long Island Sound in the Manursing
Island section Immediately south OF the
Beach Club, 10 DR.. Oscar j. Chase, OF
this city, who will build at once a resi-
dence for his own occupancy.
The Scarsdale Estates, Robert r.
Farley, president, leased an apartment
in it's building al the Hartsdale Station
in the village Of Scarsdale, n. T., TO
James W. Nicholson.
Baker Crowell, Inc, and Shields
Bros, sold for c. II. Schultheis Co, a
parcel of land having a frontage OF lSs
feet on Manhasset Boulevard, Great
Neck Hills, Great Neck, l.. ]. IL Is
the intention of the purchaser TO I'M
prove said plot with Il residence.
Alexander Bradley e. Son and George
Howe. sold for the Larchmont Gardens
Company, TO Mrs. Elizabeth b. Thayer,
of this city, a large plot overlooking
the lake. in Larchmont Gardens, Nam
aroneck. The purchaser will build at
once an exceedingly attractive home.
The Robert +. Farley Organization
sold for the Glens Falls Trust Com
pany several plots at Nassau Haven
It's new development at Hyde Park
L. l., to c. w. Weddle and Chester A.
Stobough. The purchasers are plan
ming 10 erect several houses.
William S. Gordon has rented the
b. +. Gedney house, Sound View Park,
RIVE. n. Y, for the season 1917. This
is one Of the earliest rentals for the
coming year that has been made. and
indicates IA probable brisk demand for
next summer The rental was effected
by Heckscher & de Saul'es.
L. S. Willard & Co. sold for Erastus
NJ. Cravath. the property at Mill Neck.
l. l. adjoining that Of Irving Brokaw,
and opposite the ilplhs MOCK es'ate
The purchaser is Lyman II. Hine. who
proposes TO occupy the property as his
country home.
r c. Holmes Agency sold the Canda
estate property Of fourteen acres in
summit. y. j.. improved with dwelling,
garage, gardeners cottage and green
houses. TO A. II. Mathews. Of New York.
Meister Builders. Inc. sold 70 Mrs.
PASTOR a house on a plot 40xl0O. on
Campbell Street. Woodbridge. N. j.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Registrars act OF certifying the new
owner.
The Legal Machinery


or course, we look forward 20 the
future for complete substitution Of
dealing with land by official certificate
IN place OF using the involved methods
OF supporting title, which must be su-
pcrscded. bat the adjustment, from its
very nature, must be gradual. The
machinery 20 effect IL in this state IS
not yet very well linked together.
The assignment Of special judges TO
an the various districts has not been
made until the demand for II shall
make itself felt. and J do not doubt
that many Of the county clerks have
deferred acquainting themselves with
the statute until an application shall be
filed in their county. but all requisite
parts OF the machinery are provided
for, and 10 is perfectly practicable 20
make an application in any part Of the
state II YOU get one Of the qualified
official examiners.
These have an association known as
the Associated Official Examiners Of
Title in tbs State Of New York, with
members 10 all the judicial depart
ments. whose names can be obtained
from the real estate boards and asso-
Citations. The same men acted for the
first applicants in Erie, Chautauqua
HHO Nabtaldubue COUNTIES. MoIc llicS
have been registered in Erie County
than In any other county. something
like three hundred certificates having
been issued, including transfers
The examiners report 20 accompany
the initial application may be made by
one Of the qualified individual official
examiners or by a title company which
has registered for this work, or by the
Official examiner who may be appoint
ed, under this years legislation, by the
register or clerk in each county to
work IN the county Office.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
MURRAY HILL ATTRACTS
FORMER RESIDENTS
Many Returning to the District
Owing to the Zone Law

This is a realty season marked oy
striking features. One OF the mos :
noteworthy happenings is the return OF
NAM families TO Murray Hill, when
has already resulted in a large number
of sales of fine dwelling houses 70 Tor,
mer residents and in the renovation OF
MANY homes. When the coming law
went into effect permanent legal par.
riers against the further encro ."itb its
numerous artistic homes and its de-
iightful residential atmosphere were
set up. ..;,, roo.on
for the return Of many former resi-
dents to Murray Hill. Most Of them
would never have left the section had II
not been for the business menace.
Persons who prefer apartment house to
nriyate house living will be able 10 find
suitable suites in the Hill section, as
one Of the largest and most attr r,,He
anartment houses built or. Manhattan
Island this year occupies a Murray Hi
Mot
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
MADISON SQUARE
GARDEN AUCTION
Famous Landmark to Go
Under Hammer Next
Friday

A red letter day on the realty cal
endar will occur next Friday, as that
is the date set for the foreclosure sale
Of Madison Square Garden by Bryan
l.. Kennedy at the Real Estate Elk
change Salesrooms, IA and l6 Vesey
ST. The New York Life Insurance Com
pany seeks to collect s2,3OO,o0O loaned
on mortgage on the property and also
interest past due.
There is a second mortgage amount
ing to $3.50, 900 on the premises held by
Thomas w. Joyce, who is understood
to represent the estate Of the late j..
Pierpont Morgan. John F. O'Brien is
the referee and George W. Hubbell
counsel for the plaintiff in the fore
closure proceedings.
The Garden covers an entire block,
bounded by Madison and 4th avs, be-
tween Goth and 9th SITS. The site
includes thirty-two city lots fronting
1877 feet on each avenue and 425 feet
on the side streets. The plottage value
is reported to be about s3,500,000.
No building has had so long and in
teresting Il history in the amusement
business of New York. II is the larg-
est building devoted entirely 10 amuse-
ment in the United States. Architect
urally, il has been a landmark In New
York City ever since its erection, in
1890. The building was erected at
cost Of about 100000, and was for
mally opened to the public on June Is,
1890, with concert by Edward
Strauss's orchestra. At that time it
was owned by the Madison Square Gar
den Company, of which the stockhold-
ers were j. Pierpont Morgan. James
T. Woodward, Charles Lanier. Alfred
b. Darling, Hiram Hitchcock, Darius
0. Mills, Charles Croker and Adolf
Ladenburg.
OF all the great amusement houses,
Madison Square Garden has appealed
10 the widest range of people and in
terests, in view of the remarkable va
riety Of entertainments held there. in =
GLIDING everything from Banum &
Bailey's Circus TO high class concerts,
balls, etc. 1t has been the one place
in the city where anything and every
thing could be held, and everything
that has taken place within its walls
has invariably attracted universal at
tention.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
COORDINATION RATES
ONL. I. TROLLEY LINE
Low Fares Will Help Industrial
Growth of Farmingdale

With the consent of the Public Ser
vice Commission, a siNty-trip work
mems monthly Communication ticket, a.
one half the regular fare, was placed
on sale Friday by the Huntington Rail
road Company. This is a subsidiary
electric line Of the Long island Rail-
road operating from Amltyville to
Huntington, distance oil eighteen
miles.
In offering this new form Of ticket,
the railroads chief object is 70 help
the factories now in operation and
those about to locate in and around
the fast growing industrial city. OF
Farmingdale. which must draw their
labor. Tor the most part. from the
towns trsyersed by the Huntington
line.
These new tickets may be obtained
AT tae following stations on the Long
Island Railroad: Huntington Village,
Huntington, Farmingdale and Amity-
Vile.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Will Have Wall Beds

Pepe & Bro. have sold for Cessre
Rosett n Washington Place, foui
story Colonial house. % by % feet
to d corporation that intends to altef
into studio apartments Of two room"
and bath, including a duplex studio
which is to be built at the rear OF the
lot. The wall bed, greatly in use IN
Chicago and California, and known a.
the two-in-one, will be installed. These
beds set into the clsset, behind door,
and appear like closet when not IN
use.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
L. /. FARM TO BE MADE
INTO BIG POLO FIELD
6. M. Heckscher Buys Westbury
Place for That Purpose

G. Maurice Hecksher, Of the Meadow
Brook Colony, who recently purchased
the attractive country place Of Tyler
Morse, at Westbury. also has purchased
through s. A. Warner BaltazZi, the DR..
Louis " Lanehart farm Of ifty-five
acres on the north side Of the Jericho
Turnpike.
Mr.. Heckscher viii build a regulation
size polo field on his recently acquired
land. He has for some time been a
member of the Pasadena Polo Club and
won a number of handsome cups with
his team mates.
This additional polo field, with that
being built for W. Russell Grace on his
recently purchased land At Old West
bury, gives Nassau County probably
more polo fields than any other section
Of the world. There are now within
the borders of the county fourteen
fields, and all except two will probably
be ready for play late next spring
There are four fields at Meadow Brook,
two at the Rockaway Hunting Club, two
at the Piping Rock Club. two on the
estate Of John 5. Phipps, one at Rob-
ert Bacon's, and one on the estate OF
Willard d. Straight at Old Westbury.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Money Supply Plentiful and
Borrowers Few In
Number
By NJ. MORGENTHAU, Jr.

The mortgage money market during
the last few weeks has reflected the
ease in the general money market on
the one hand and the lack Of demand
for funds from builders and operators
on the other hand. In other words,
funds have been accommodating from day
20 day in the savings banks, insurance
companies and in the hands Of the
large estates, and there has been a
steadily decreasing demand for these
funds from the real estate market.
The natural result Of all this is
steadily falling off in the interest rate,
until to-day any first class loan on
choice improved property can be read
liz placed at from SIS per cent TO 90
per cent of conservative appraisal
at Az per cent.
In my judgment, we will see per
cent money offered freely by the saw
ings banks before February unless
there is some unexpected development
in the money market 10 drive up the
rates. do not believe that the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
BROOKLYN BOARD TO
DO MORE USEFUL WORK
Larger Rooms Are To Be Rented
by Organization

At the special meeting Of the Brook
lyn Board o. Real Estate Brokers held
last week steps were taken TO acquire
larger rooms, in accordance with the
plan Of the new president TO enlarge
the activities Of the board.
The dinner committee reported
progress in its effort to get prominent
city officials 10 attend the annual din
ncr 90 be held in January, the date Of
which will be announced later.
The boards membership has already
shown signs OF growth. Three new
members were received last month and
three applications are now before the
admissions committee.
The monthly meeting of the board
will be held on December II.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
TRADE LOTS FOR SIX
APARTMENT HOUSES
James S. Graham and the West
Realty Co. i'm the Deal

Maurice G. Straus and George G..
Long as brokers have negotiated an
exchange Of property in Brooklyn and
Queens involving over 100000. they
have sold for the George u. west
Realty Company, a corporation Gem
posed of investors living in Science
tAdy and Saratoga, b25 lots fronting
on Lawrence and Little Neck Avenues
TO James S. Graham. Mr.. Graham gave
in the trade six apartment houses on
the south side Of 81. Johns Place, be-
tween Rogers and Nostrand Avenues.
He recently bought the apartment
house propertY.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
BUYS s725,OOO MORTGAGE
Loan Relates to Baltimore Hotel to Be
Built

s. W. Straus & Co. have purchased
the entire issue Of FIRST mortgage s per
cent serial bonds Of the Southern Hotel
Building, Baltimore. Nd. amounting 20
s725,000.
This hotel is 20 be erected at the
northeast corner OF Light snd German
SITS, Baltimore, fourteen stories. con-
valued at 100000 ard the land az
5000 900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
TO BE WELL REPRESENTED
Large Delegation from Bronx Board
TO Rivers Congress

The delegation OF the Bronx Board
OF Trade 20 the National Rivers and
Harbors Congress at Washington, De
cember 20 s. will consist of Eugene
K Rosenquest. president; 0lin j..
Stephens. Albert Goldman, Edward B..
Boynton. Willard X. Messenger. Alex
auder Haring. J. Harris Jones, William
n. Bolton. James Breckenridge, J. X.
Pollock. the Rev. j. Emerson Zeiter,
Herbert A. Knox, Robert ]. Moorehead,
William A. Newman. William j.
Gemoincr. Walter II. Warren. Maurice
Muller, Charles +. Reid. and Represen-
tatives Henry Bruckner, Murray HUI
bert and william s. Bennett.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
BUYS $4,000 HONE AT
MOUNTAIN LAKES PARK
New Residence of Karl Vester-
dahl of English Type

The sale Of a $4,000 English home
OF ten rooms and three baths, on plot
l2Ox212 feet. At Mountain Lakes Resi-
Dental Park has been made TO Karl
Nesterdshl, Of this city.
In regard 20 this fine suburban de-
velopment a real estate man says;
"The demand is ever increasing for
homes Of large size at this beautiful
all-year residential property. The
charms Of hills and lakes are among
the strongest selling factors of this
property"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Official Manhattan Record

The ofic.al Manhattan building STAG
tistics for the week ended November
% Plans fled for new buildings, s;
estimated cost OF new buildings. Si-
100000; plans fled for alterations, SO;
estimated cost Of alterations, Sl49~
49J; buildings reported - unsafe. a;
other violations OF law reported, l21.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Plans for Scholes 81. Factory

Shampan & Shampan. architects.
have lied plans and will supervise
the construction OF factory building
10 be erected on the north side %
Seholes ST., Brooklyn. 90 feet east
Of Bogart ST., for Messrs Luickin
4 Pesnsr, manufacturing furriers Of
Manhattan, as owners. Cargo viii
also be constructed on the site.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Long Island City Transactions

John l.. Hammond sold for Adellne
S. NJ. Latto two lots on the east side
Of Second Avenue. north % Grand
Avenue. L. I. City, 10 Daniel +. Shea.
Also TO D. LANCE lot, 25xl00, az the
southeast corner Of Steinwsy and Dit
mats Avenues, l.. !. City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Fine Jersey Farm Sold

The Batson Farm Agency has sold
the John +. Carlile farm, near Tren-
ton, n. j.. to Howard Mount, of Red
Bank, n. j.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
Investor in Bay Ridge

Frank A. Seaver e. Co have sold the
two family brick house at 2IO list ST.
for Lester Vail to client for invest
ment
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
A MORTGAGE GIFT
INV JERSEY.

No better GIT for a relative OF loved
one than guaranteed mortgages Every
interest period will be happy remind
81. our guaranteed mortgages cover
Bergen and Rockiand County real IS
tate, and are better than 8 savings bank
Investment. Our Booklet II tells you why
North Jersey Title Insurance Co.
Hackensack, y. j.
n. 7. Rep Glenn K. Carver. 80 Wall ST.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-03
LONG ISLAND.

AN EXCEPTIONAL chance 20 acquire one ~ the
most sttractiyely located lots AZ Garden City Is
tates at price Is per cen, under investment Small
amount cash required will build 70 suit Do not
let this opportunity slip. b. D.. Bon 400. Tribune
Office