New-York tribune., 1916-04-22
Faith Again Shown by
Him in Sl,OO0,OOO Build
ing Purchase.
SYNDICATE FORMED
FOR $6,OOO,O0O HOTEL
J. McE. Bowman Heads Com
pany Which Plans Structure at
Lexington Ave. and 42d ST.

William T. Evans. OF Mills & Gibbs
has purchased from the Hasco Building
Company. Lornc g. Scot.. president, the
sixteen story business structure. at ihe
northwest corner of Fourth as. and
2sth .t. ON plot g4x1s The property
is sold ou p valuation Of 81 100000. and
wi. be decided 20 Mr. Evans upon com
pletion Of the building IN November. At
present foundation work is in progrss,
and the structure is already about so
per cent rented. Mr. Scott bought the
site last October from Samuel x.
Jacobs.
In part payment Mr.. Evans gives the
Cortlandt apartment. twelve stories
high. % 2l0 Cathedral Parkway. the
sale Of which VIZ reported earlier in
the week. This property was held at
s450,O0O. The sale was made direct be
tween the principals
A couple of months ago Mr. Evans
purchased from Robert l.. Morrell and
others the twelve story Offices and
stores ~ the southwest corner Of Fourth
az. and 32i ST.. giving iu part payment
the Wendo.yn apartments, az the south
corner Of Riverside Drive and lO0th
st. Another purchase by him on Fourth
av. is q twelve story structure az The
southwest corner of 2Otn 81. which be
acquired from Klein d Jackson.
Incorporation papers have been fled
BY the Bowman Hotel Corporation. cap
italzed az Sl.OOO,00O. The corporation
plans 20 erect IL hotel costing IN the
rcighborhood OF S6,000,000. which will
be partly financed by tho New York
Central Railroad. II pending negotia-
tions are carried out, on the site for
merry occupied by the Hospital for
Crippled Children. on the west side OF
Lexington ay.. 42d and 43d sts., extend
ing % what was DepeW Place, an area
Of 2OO1Ox27j feet u McE. Bowman is
proprietor Of the Biltmore Hotel. and
preliminary details of the proposed
structure show 30 viii be similar iu
height 20 the Bltmore, containing 200J
rooms. ft s reported that Warren T..
Wetmore win design the new structure
other sales follow:
e5TH ST. Susan McN. Nemcnway
has sold lO5 East s5th ST., three story
dwelling. on lot 25xl0-.2, adjoining the
pirrhot and DE koven residences on
Park as. IT, also abuts the Park Avenue
Methodist Episcopal Church. at the cor
ner of s6th 50.
54TH ST Mary T.. J.. Lorton is re
ported 20 have sold her residence az 50
last 57th ST.. four story American
basement dwelling, on lot llNloO.5. be-
tween Madison and Pars avs.
FORT WASHINGTON AN.-L. 7. Hall
has sold 20 the Exeter Realty Company.
Louis Schlechter. president, Tor the
North Castle Realty Company the Fair
field. a SIX story apartment house. look
40. at the southwest corner Of Fort
Washington as. and l63d So.
18th 81. William B. May & Co. have
cold the three dwellings a. SO 90 81
East 18th -. for the Northrop estate
and Mrs. Thomas HiIicr t0 buyer. who
will erect a fine dwelling The combined
site measures 4i1lxi02.2. located 100
east of Madison av
WASHINGTON SQUARE NORTH.
The Douglas Robinson. Charles s.
Brown Company and Pepc & Brother
have sold 20 Max Shoop for Noncure
Robinson % Washington Square North,
a four story colonial dwelling. with a
three story studio in the rear on Mac
dougal alley. ou plot 2I6Nli5. lease
hold. The premises Will 10 altered into