New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-04-16
Claflin Corporation Buys
Building Occupied by
Firm for Years.
DRYGOODS DISTRICT
NOW EASIER IN MIND
Means Downtown Location VIII
Remain Centre of This Class
of Business.

One Of the most important real estate
| and business operations has Just been
consummated by the purchase By the
II. b. Clahin Corporation Of the prop
erty occupied by 1t at Church. Worth,
West Broadway and Thomas at.
The main building was erected IN
1868 by Horace b. Clafiin. the original
founder of the business. The purchos-
er Of the property is the new corpora
ton, which took over the business OF
tho II. Is. Clafin Company, and TIE
purchase means the fixing of the down
town district for another long period
OF years at least. The decision has
been under consideration for long
time, and careful study of all the up
town districts was made, and Il was
decided that the present location WAS
the most important and best for The
business in the Borough of Manhattan.
Within few minutes Of this centre
are the great trunk line railroads en-
tering New York from the West and
South, and with the various terminals
and docks it has better facilities for
shipping and receiving goods than in
any other location in the city.
The prospective opening Of the
/ Broadway subway and the rapid pro-
/ gress Of the Seventh az. subway place
this section on a main artery Of travel
in the city, and with the Seventh av.
subway this section will be within less
than ten minutes Of the Pennsylvania
Terminal at 33d 81. and the entire hotel
district of the city.
Rumors that have been circulated
g. al To- frrs % col
from this centre, are now finally dis
posed OF. A. ID. Juiiliard, Of the firm
of A. d. Juiliard Il Co., 20 and y
Worth Street, says that this locality
is one Of the best in the city; that it
ia now established and that the dry
goods district can settle down to do
business instead of listening TO the
opportunities Of real estate men TO
move. He considers this purchase by
the Clafin Corporation the most i'm
portant move for business interests
that has occurred since the formation
Of the district.
J. Harper Poor, Of the firm %
Amory, Browne & Co.. stated that,
while he was deeply gratfied at the
fact that the purchase had been con-
summated, II only confirmed his opin
ION that he had always given and
proved by his taking long-term leases
of his premises at 81 and 81 Worth
Street; that this was The only dis
trct for their business
Thomas Slocum. of the firm OF Minot,
Hooper & Co.. expressed great pleas
ure at the final settlement of the pur-
chase of the Clafin property. He stat
ed that the entire section would be
benefited by this strong illustration of
its stability, but he drew attention TO the
fact that the Wholesale Dry Goods
Centre Association. formed six or eight
wears ago, was formed for the purpose
of centralizing and keeping business in
this section, and gave the purchase OF
this property as an illustration Of the
wisdom of the members of this associa-
tion.
Cornelius n. Bliss, Of the firm OF
Bliss, Fsbyan & Co., 81 TO 80 Thomas
St, expressed pleasure at the CON
summation Of this transaction and the
anchoring of business in this district.
Representatives of the firm OF
Lawrence g. Co, "a and 26 Thomas
St; Wellington. Sears Co, 81 to 90
Worth ST., and many others in the dis
trict. expressed similar views and re
iterated the unequalled facilities for
doing business and for being in close
touch with both shipping and receiving
facilities and purchasers coming into
the city from out OF town