New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-13
Trend of Real
Estate Affairs
In Local Fields
Site in Shipping Area To Be
Improved by Furnes..
Witty & Co., Ltd.

The site at the southwest come, a,
Whitehall and Pearl SITS, which Pu,.
ness, Witty e. Co., Ltd, bought La,
week from the South Ferry Realty
Company, is in the heart Of the steam.
ship and export centre.
Most Of the big steamship and a.,
porting companies are either on Whit.
hall St, State ST., facing Battery P.,k
or on lower Broadway, near the Whit.
hall st. site. The tenants in "a.
Chesebrough, Maritime. Battery p,,k
and South Ferry buildings include N.
Cunsrd, Holland-Americs, Anchor. Cor.
panic Generate Transatlantlque. Fahr.
and four important Italian and sew
eral important Scandinavian linz.
the Norwegian, Swedish-American ana
Russian American lines, also ~.
Greek. Finland, Royal Dutch, Panama
Railroad, Brazilian, Russian Volunts.,
Fleet, American Hawaiian and Lueksn.
bach lines and many others.
Furness, Witty e. Co., Ltd. 1.
in the world, operating nearly twa
hundred steamships, with many more
under construction. IL will construct
Immediately on the site a six story
fireproof building for the conduct az
its own business Plans are now being
completed by Walter B. Chambers.
The front of the new Furness Hons.
as it will be called, will be of lime.
stone or marble, and will be set bae.
on both Whitehall and Pearl SITS. 10
conform with the fronts Of the con-
tiguous South Ferry building. Douglas
Robinson, Charles S. Brown Company
and Horace S. Ely g. Co. negotiated
the sale. Babbage e. Sanders attended
to the legal details representing the
South Ferry Company. The Title Guar.
antee and Trust Company acted for ii.
purchaser.
As regards leasing, West 57th ST. /,
one Of the brightest realty places IN
the greater city. Adolph Lewiston
leased to Tape, Inc, now at Is West
57th ST., his former home at West
57th st. for twenty-one years. An en-.
tire new front for the building, which
covers a plot 30.6x100 feet, will be
erected, and the interior extensively
remodelled in a manner suitable for
a high class millinery establishment.
L. J. Phillips e. Co. represented Mr..
Lewisohn and Crook & Livingston the
lessees.
The four story dwelling at 122 East
57th st. was leased by Manning 4
Trunk for the estate of Emile Hoffman
to Harry Turner for a ten-year term.
The building will be altered by the in
stallation of stores on the lower floors
and apartments above.
The block between Park and Lexing.
ton avs. has recently witnessed con-
siderable activity, as Nos. ll2, 100, ia
and 1875 have also of late figured in
transactions involving alterations or
proposed alterations for business.
At No. 10 an eight story building is
planned for the Tiffany Studios, lne-
which leased the site recently from
Edmund Coffin.
aRtseAstl;y I'll BIaeK. We 80 Mfiliss.sy
Company leased the store, bssemeri
second and third floors in the twsw
story building which Michael Dre,u
is soon TO erect at and 8 West 51h
st. Henri Bendel bought No. II about
a year ago. and has built an addition
to the ten story building as Nos. 10 and
~, which he leased from Mr.. Dreicer.
It is thought that the decision Of the
National Aniline and Chemical Com
pany to lease two and one-half floors in
the new sixteen story Heckscher Build.
ing may result in the establishment Of
a chemical centre at the hub Of the city.
This lease was made by Pease & ELL
man and Heckscher & de Saulles.
The large number of recent sales OF
Columbia leaseholds in both ST., TO be
used for high class shops, indicates that
the street is rapidly becoming one Of
the most important lateral arteries oil
the Fifth av. shopping zone.