New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-09-17
Reports and Comments on
Sales, Leasing and Build
ing Conditions.
AFFAIRS VIEWED FROM
THE EXPERTS ANGLE
No Cause for Gloom in the
Speculative and Invest
ment Fields.
BY FRANK REMLIN.

Finley p. Dunno ("Mr Dooley') likes
the Lenox Hill section OF the town.
He has liked IL for some years. Many
well known men IN finance are just
showing their preference for TINS de-
Nghtful home centre by spending thou
sands in erecting houses for them
selves, or occupying old premises.
The author Of the famous Irish philos-
opher has not only made up his mind TO
stay on the hill, but has, through
Douglas L Gilman & Co., renewed ms
lease for q term Of years to his nome
at 1876 East 64th st.-a three story ana
basement house at the southwest cor
ner of Lexington av. W. VI. Hoes Is
the owner Of the premises.
Mark GrosMn says the realty situa-
ton in the Sd Gv. section OF south
Brooklyn is rapidly improving. Inc
Bush terminals are bringing thousands
OF skilled workers to the district re-
sulting in a greater demand for stores
and fathouses. Mr.. Groskin has sold
the store property at 44O3 Sd av. 10
Robert Markusschewitz. A. Ettnger
was the broker in the deal.
The leasing Of the entire building
No. 657 and $50 5th av., northeast cor
ner Of sgd St, was completed last week
when the ogden & Clarkson Corpora
ton rented the corner store and base
ment 10 Costikyan Co., Inc, Oriental
rug dealers, foI term OF years.
William D. Bloodgood & Co. was
among the first batch OF New York
brokerage firms 10 enter the Queens
Doro field. Il has sold the north
east corner Of Hamilton Street and
Harris Avenue. Long Island City, TO the
Cambridge Soap and Chemical Com
pany. now in Greenpoint a fCur-story
factory building is to be erected for
the soap company on the site. II has
a'so sold the block front on the south
side Of Broadway. between Sixth and
Seventh avs. Long Island City-20O
feet on Broadway, 200 feet on Sixth av.
end 1872 feet on Seventh av.-to the
1876 Broadway Holding Corporation.
This plot will shortly be improved with
large building by ~ important con
Germ. which is locating there owing TO
the express station Of the Second av.
a." situated at Broaoway.
There are fewer ITO Lease" signs on
dwellings in the West Ninet.es. One
Of the big factors in this change for
the better is William R. Ware, who has
Just leased Sc West Ninety-hrst Street
to Mary II. Skeen and 81 West Ninety
fifth Street to John Brown.
Here are some more dwelling ieases
on Washington Heights: 545 West
i52d Street, 10 Sarah Buckenham, and
$50 West 141st Street to Isabel McCor-
mick. Moore, Schuete & Co. the
brokers.
Record another kensington, Great
Neck sale for the RickertFinlay Realty
Company. The site is on the North
Drive, and the buyer is L. p. Stryker.
lawyer. An all year home fo~ the buyer
viii adOrn the site.
Malcolm Z. Smith and Rudolph c.
Culver, composing the firm of Malcolm
T. Smith & Co., are doing a good apart
ment rental business. They have
leased an apartment at TAB Fifth av.
to Miss L. Harris for term Of years.
Not surprised at all to hear that
Arthur {. Sheridan has blossomed out
as a broker. auctioneer and appraiser
on his own account. Any one who en-
terc such great business field through
the office Of Herbert a. Sherman has
got the right kind Of start Sheridan
was eight years in Sherman's Office.
His business addresses are 100 Broad
way and 33l Madison az.
Ernest H. Boscher Company will use
a. Office and salesroom for the who G.
sale dress trimming business the sec
ond loft in the McCready Building,
southeast corner of 21st 81. and Fifth
av. Brokerage commission 20 Louis
Schrag.
The uptown drift in Fifth av. has
resulted in Stadlcr & Stadler, custom
tailors, leasing the entire second story
in the new business building at 7S5
Fifth av., opposite the Plaza. Horace
5. Ely & Co. and Charles f. Meyer
effected the lease. The lessees will
occupy on December /.
When a person is leaning with all
his weight on the levers that raise the
volume Of realty business, you cannot
blame him for not sparing a few min
utes 10 tell all the realty editors about
that $lO,oo0,O00 group OF buildings %
go up In the Chelsea Pennsylvania dis
trict 20 provide new quarters for large
numbers Of The manufacturing firms
not wanted in the Fifth av. zone. How
ever, We are thankful for this inter
esting report:
"The Brett & Goode Company has
renewed leases on over 10000 square
feet Of space IN the Fabian Building.