The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-09-14
100000 LEASE
TAKEN BY SCHRAFT'S
Former Site of Hahne's Store
in Newark VIII BE I'M
' proved Next Year.

One of the biggest transactions on
record in New Jersey was the Sc. 600 900
lease last week of the properties at cas-
to 643 Broad street in Newark by the
Schrafts Candy and Tea Rooms syndi-
cate for term of sixty-three years. The
properties on this ground rental consist
Of a series Of three story brick and
frame buildings in which Julius Hahne,
the Newark department. store man. be-
gan business many years ago.
On the expiration of the leases In these
buildingA next year the Frank c. Shat
tuck Company, which operates Schraft $
stores, will erect n modern building
covering the entire plot. The Shattuc<;
Company will use portion of the ground
and upper floors for its business and will
suitcase the remaining space. The
transaction was negotiated by Louis
Ksmm Inc
The property has been in the hands
of the owner and heirs of Adrianna A.
Edgar for more than seventy years The
plot was purchased by Isaac Meeker,
grandfather of the heirs, In 1S45. In
1865 Adrianna A Edgar became the
owner. and in July, 1916. she decided it
to her sons, Morgan and Stuart Edgar,
and her son-in-law. Charles A. Grum-
mon. The present tenants include Huy-
ler's. p. b. Levy, jeweller; Oelkers Com
pany, millinery Penek, florist, and Kline
Company, womens apparel. The prop
erty runs through to to 20 New street,
where there are sixteen other tenants.
About sixty years ago Julius Hahne.
founder of the Hahne & Company de-
partment store, opened a bird store in
one OF the shops on the plot Just leased,
and as his business grew he acquired
additional space and kept adding
branches until he had acquired the en-
tire parcel, throwing all the stores into
one large store and really operating the
first department store In Newark.
In 1898 Hahne & Company took
lease for twenty-one years on the prop
erty, and by 1904 had outgrown this site
and had commenced the erection of their
present gigantic nome on the opposite
corner. After Hahne & Company moved
to their own building they divided the
stores into the original divisions and
they have been subleased TO various
lines of retail business since.
The present buildings that are on this
property are the same buildings that
were on It whom Isaac Meeker purchased
IT In 1916, WITH he exception of the store
IIOIS anu blOre interiors DelnB mOQern-
lied and partitions moved and replaced.
The plot Is said TO be the most valu-
able single plot owned by any family in
the city of Newark and has a frontage
OF ninety-fve feet on Broad street and
200 on New street and is in the very
centre of the retail shopping section.
When Julius Hahne laid the foundation
of ehe- present enormous department
store his neighbors were merchants
whose names are no longer familiar to
the shopping public of Newark. The
corner adjoining Mr.. Hahnes was n dry
goods store owned by Frederick Straus.
Next to this Henry Towle had a store.
Adjoining Hahne's on the other side was
novelty store and then Hirschbergs
shoe store. On New street was Bolivars
shoe shop and Huntley's hat cleaning
and pressing store Frost's cafe and n
small saloon kept by a Mrs. Rohr also
were on the premises. The upper floors
were occupied as living quarters some
OF the shopkeepers themselves lived
there. Many old Newark residents still
remember Crumps Ice Cream Garden,
which. while II was not on this prop
erty, Immediately adjoined It on the
south and ran through from Broad TO
Halsey street,
The new store of the Schraft's con-
Germ on Broad street, New York city, is
thu largest and finest equipped store In