New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-04-08
Large Building Operation
Planned for Site Facing
FraunceS' Tavern.
5STH ST. DWELLINGS
BOUGHT BY BUILDER
Edgar A. Levy Purchases Houses
for Apartment Improvement
Other Sales Reported.

The block front on the west side Of
Broad ST., from Pearl 10 Waters ST., has
been sold 10 a syndicate for the site OF
a large commercial building The prop
erty faces the historic Fraunces's Law
ern.
The deal was closed Yesterday by the
Rutland & Whiting Company, Inc, for
several owners who are disposing or a
ucttage of approximate. 1900 square
feet. one of the largest lu the lower
downtown district sold ID recent years
The greater part o. the site was sold
by the Empire Mortgage Company
through William A. White < sons, their
holdings including l0 20 20 Water 81,
- 20 so Pearl 81. and l02 90 100 Broad
50. The property a. y Pearl 81. was
secured FOR the new owners from the
Black estate. through the Rulan
Whiting Company, and the abutting
building at II Water 81. was so Tor
Elbridge 10 Gerry by the CruikshsnA
Company.
The combined properties have
frontage Of 1!2 feet on Broad St. 80
feet on Pearl St. and ll8 feet on Water
=. This is to be developed IN the near
future With a twelve OF o sixteen story
combination store, loft and Office build
ing
Edgar 4. Levy yesterday purchased
for the site Of nine story elevator
apartment the four private dwellings
al 40 90 l46 West 5sth 81. The sale
wa negotiated By the Hall-berwin Cor
poration for the estate or Caroline !.
Searle. which disposed Of the houses az
40 20 IA. and for Charles VI. Brooks.
who sold the house l4j, making plot
72x1O0. The proposed apartment VIII
have an exceptional southern exposure
because its site sbuts the low edince
Of the Calvary Baptist Church, on 5ltn
ST. The ground has been held al $500
900. and now figures in its FIRST sale
IN more than thirty years.
Arthur Curtiss James has acquired
from Emily ". Leland the four story
dwelling. 671lx22, at the southwest
corner of Park az. and Sivty-nlnth st.
opposite his new home. He gave back
a mortgage of 100000 10 the seller
Commodore James owns the adjoining
parcel in the street and made the pur.,
chase to control the improvement oil
the site Earlier IN the year Com
modore James bought the houses 90
50 West Slxty-ninth ST., opposite ms
home, and rented the site to o. L.
Other sales follow:
THIRTY-NINTH ST.-Pease & Eli
man have sold for Mrs. Emily Price
Post 10 a physician for occupancy the
five story American basement dwelling
on lot 26xl00. at l25 East Thirty ninth
ST., adjoining the corner Of Lexington
zv.
18TH ST-Ralph V. Wechsler has
sold TO Anjello Malgieri, SAG East ll9tn
ST. FIVE story tenement on lot 25xlOO'
near First av.
WEST FARMS ROAD.-Alexander
Selkin. David Mintz and II. /. WOOD
have sold for the Henry Morgenthau
Company the three five story apart
ments at 1876, ITO and ll14 West
Farms road. each on plot 3sX9lx
irregular The purchaser IS the Thorn
ton Bros. Company, which recently
bought through the same brokers ll5b
ilGi and 1865 Longfellow av, similar
houses. directly in the rear, and owned
by the same company. Inc entire
transaction aggregates 100000.
18TH ST.-Alfred Olenick sold 70
Samuel A. Sugerman 81 East l5otn
St. three story dwelling, on lot
25xl00.