New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-03-10
Land Bought from Vincent
Aston Given for Site
in 31st Street.
BUYERS OF PLOTS
PLAN APARTMENTS
Purchasers viii Erect Large
Flats in 1920 Street and on
Grand Boulevard.

The American Real Estate Company
has purchased from the Adroit Build
ing Company its property AT 30 and "a
East Slst ST., twelve story loft on
plot 45xl00, loo feet east Of Madison
az. II is provided with permanent
light BY reason Of the low church build
ing adjoining the property on the wes';
This building was finished and onefeo
for rental in the winter OF 1919, ana
wa. fully rented practically as soon as
finished.
Ia addition 70 the substantial cash
consideration, the American Real
Estate Company gives eleven lots on
the west side OF Townsend av., at East
10th st. a portion of the property the
company acquired from Vincent Astor
last year. and two five story apartment
houses at CAS- and 949 Hoe av, south
Of Aldus St, in The Bronx.
IL is understood that Joseph NJ
Brody, president of the Adrot build
ing Company, is TO improve the Towns
end av lots at once by the construction
of five story apartment houses. rms
will be the second operation on THIS
plot, known as the Astor-Areeo prop.
erty. the other being a substantial
operation by Hyman :. Crystal & Bro.
on the Grand Boulevard and Concourse
az East 10th ST., plans for which have
been prepared by George and Edward
Blum.
Harris and Maurice Mandelbaum
have bought from the Loyal l.. Smith
estate the plot Of ten lots on the south
side OF ls2d ST., i40 feet west OF Fort
Y L. 0Enx1Qn The i RO-
maine Brown Company was the broker
The plot, Which adjoins the Highlands
elevator apartments on the southwest
corner Of Fort Washington av. and
i6lst St, vii. be resold 10 builders. The
latest deal brings the purchases OF the
Mandelbaums in that section up 70
about $50 lots in the last two years
nearly all OF which have been sold OF
10 builders. The lots Just sold abui
four houses recently erected by the
Friedman Construction Company on
lots secured from the Mandelbsums.
A syndicate. composed of Daniel II.
Jackson, J. 7. Finneran and 7. j. Ryan,
sold the plot, 96xl00. at the southwest
corner of the Grand Boulevard and
Concourse and 18th ST. 20 Emily
Krause, who has resold II through Er-
nest Califano, q broker, to the Lem
arac Realty Company. The latter CON
Germ has also purchased from various
owners adjoining parcels, and now con
trolls a plot fronting l63 feet on the
Concourse, 100 feet on 18TH ST., with
an inside 25-foot lot on Creston av.
The property has been in litigation for
six months, owing 70 an easement made
by the Metropolitan Realty Company
in 1883. Negotiations are said TO be
practically arranged for the resale of
tho entire site by the Iemarac COM
pany 10 builder, who contemplate
tie erection of three five story apart
ment houses.
other sales follow:
AUDUBON Avn J. Strunsky &
Co. have sold tor the Y. K. Building
Company, Selig Rosenberg, president
272-27S Audubon av., two new five story
apartments, each on plot 50xl0O, ad-
joining the southwest corner Of l49th
st. The buyer. a client of O'Reilly d
Dahn, paid close TO the holding ngure
of Sl50,O0O. The site Of the houses
was acquired by the selling company
last MAY through the same brokers
from Hanna Cohn.
10Th ST.-George y. Bruno has sold
for the Farmers Loan and Trust Com
pany. as trustee, 236 East 29th ST., a
five story tenement, with stores, on lot
20x96.s. near Second av.
FULTON ST.-The Cruikshank Com
pany sold for George L. and Henry l..
Nostrand, II Fulton ST., five story
warehouse, on lot 2910X28, between
Front and Water SITS, and just west OF
Fulton Market. II is one Of the Oldest
buildings in the city. and the present
transfer is the first in 100 years.
18TH SIT. r. Finneran and p. j.
Ryan have resold for the Windamere
Real Estate Company 242 West Goth ST.,
a four story dwelling, l5X7s.9, on the
same block with the National Cloak and
Suit Company building. This makes
the third sale OF the property by these
hrokers within a wear