New-York tribune., 1916-02-15
Court Grants Permission
Payment To Be Made
with Income Bonds.
INVESTORS PURCHASE
BRONX APARTMENTS
Two Bought at junction q,
Beck and Tiffany Sts.-An.
other in Brook Ave.

Supreme Court Justice Donne.ly 20,
terday approved an application b. -.
Colony Club, through Hugh ". Hevv,
It's attorney FOR permission % NOR.
gag its new clubhouse property a.
Sixty-second Street and Park Ayenn.
for 100000 TO secure income bo,.,
.ssued on the new clubhouse for Il.
purpose Of guaranteeing TO holders .,
income bonds the payment of the elub,
obligation TO then. The money raj,.s
through the sale Of these bond. "a
members is 10 be used in paying o.
mortgage on the old clubhouse and /,
building and furnishing IN. new buils.
ing.
The total value Of the new elus.
house is given as SlO00.O00. There /,
an existing mortgage of $500. 900 mo,
il, 10 which the 100000 mortgage /,
20 be subordinate The directors o.
governors a. given m the petition are.
Mrs Borden Hartman. president: Nr,
Richard Irwin, first vice president.
Mrs. Egerton L. Winthrop, second wee.
president; Miss Ruth Y. Iwombly. see.
retary: Mrs Walter T.. MAYNARD. treas.
urer; Mrs. Robert Bacon. Miss Bea,rie.
Bend, Mrs. Francis H. Cabot, Mrs. Sey.
mour l.. Cromwell, Mrs. James Stegsr,
Cushman, Mrs. Charles 3. Alexsnder
Miss Caroline De Forest, Mrs Fra-k
Gray Griswold. Mrs. Magee Ellswor,s
Miss Ruth Morgan. Mrs. stephen II
Olin, Miss Mary Parsons, Mrs. Rslp.
Pulitzer and Mrs. George {. Riggs.
The Macy Construction Comparr
lShiren & Silberbergl sold the tao
rewly completed apartment houses a
the junction OF Beck and Tiffany streets
TO an unnamed investor. The struct.
ures are each FIVE stories high. OF SIM.
lar construction and are known - eo9
Beck Street and 919 Tiffany Street The
former contains accommodations FOR
twenty-eight families and occupies 4
plot s3xl00 feet. The other is a SIX.
teen family house, on plot 76xl05x
irregular.
The Benenson Realty Company sold
70 j. Harold Keatinge. OF Brooklyn
l345 Brook sv.. n six story nev.lsv
house. on plot 4l.7N90. adjoining III.
southwest corner OF hindermsnn Place
In part payment the buyer gave III,
five story tenement At 3i2 East i9,h
st., on lot 25XlO0.5, located $50 ieei
west Of First av.
The Rosef Realty Company hss
bought 1902 70 1906 Fulton Az. ,hre,
two story and basement dwellings, or
plot 572xl72, adjoining the northess,
corner OF l59th -. The property re
urcd in exchange FOR the two ney
apartment houses Ar 1912 and 1911,
ashington ay.. 90xl05. near 18th =,
reported sold last week.
Mcdowell & Mcmahon have sold, a.
s57,500, for Louisa Eckhard, the tsE
payer. containing seven stores. al q.
southeast corner OF S. Nicholas a.
and ls4th st. The property fronts %
feet on 81. Nicholas az. and 100 feet o.
the street. and is fully rented. Il
was a cash deal. The purchaser is
Donald Robertson. who has been ldenu.
field with the construction Of several
big apartment houses near by. He WI.
hold the. property for investment
other sales follow:
CLAREMONT AV.-The Hsleyca
Real Estate Company has sold to 81
investor ls2 Claremont ay., FIVE story
fat. on plot 40Xl00, about 100 iee'
north OF l25th ST.. and the simils'
house. at 1870 Ciaremont ay., 2le
feet south Of l27th 81. The houses
were recently reported sold 20 Fred
erick Brown, but the deal was not cor
summsted.
RIVERSIDE DRIVE Negotiations
are pending By the Haicyon Real b.
tate Company for the sale Of s.. Fran
ci. Court az the north corner OF Rlyef'
side Drive and l35th 81, d six s'oFy
apartment house. on plot l025Xl%5.