The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-10-24
SAGE REALTY HERE
At PUBLIC AUCTION
uo,dines of Widows Estate in
January Sale to Meet
B6 Bequests.
Il VALUED AT $3,Ooo,o0o
Manhattan Apartments and
T. 7. City Parcels Among
Principal Assets. q

u. rsa,,v holdings Of the estate of
....r.-st olivia Sage, widow Of Russell
c.. are to be sold at public auction
a. January. Announcement to this ef-
,.c, made by the executors of the
..,.,. Yesterday. caused a stir in realty
,,r,,.s for the imposing list Of improved
.-onsrtiss to be placed OH the block Is
~, longest offered by any private, estate
!, tho last decade. Joseph p. Day, real
,..,te auctloneer OF 81 Nassau street.
will conduct the sale. re-
Mrs Sage died on November 3, 1913,
having real and personal property worth
about $4,000, 900 which she had In
berted from her husband. Roughly
estimated the properties to be thrown
ON the market at the sale are valued at
about ss,OOo,oo They include num-
bar of fine apartment houses. dwellings,
business properties and choice vacant
plots in Manhattan. together with Ave
valuable parcels in Long Island City
and seventy-seven dwellings at Cedar
hurst, L. l. Under the terms OF Mrs.
sage's will the proceeds from the sale
Of these will be divided among thirty
six institutions which receive requests
from her, t.4.,p -.
Chief among the properties to DO dis
posed Of is the eleven story KenHngton
Building at 70 Fifth avenue. northeast
corner Of Fifteenth street. Among the
other Manhattan PROPERTIES TO be sold
are the old Russell Sage home at eS2
Fifth avenue. opposite st. Patrick .
Cathedral; the four private dwellings at
73a to 73s Madison avenue, northeast
corner OF Sixty-fourth street; Mrs. Sage's
private garage at lit West Fifty-fourth
street, and the vacant block front on
riverside Drive. between 1oeth and 10th
streets, The former Sage home Is now
devoted to business purposes and 10 held
on leasehold.
oIsh Of Manhattan are 1853, 1855. 1857
md 1863 Park avenue 1o4 East Ninety
aghtn street. 1898 Park avenue. 1870.
1872 1874 and 1876 Lexington avenue
1903, 107, 100 and 1913 East Tooth street
IS and A West 125th street, 113. lis,
III, 121. 1923 and I31 West It'll street
i22 and 424 Central Park West, Q West
Ninety third street and SO East Sixty
fourth street. Included In the Eve par
cells in Long Island City Is the row of
apartment houses at So to II Hunter
avenue. 81:
According to statement issued by
Henry w. de Forest. one of the executors
Of the Sage estate, the following chart
ties will participate in the benefits from
the sale: Russell Sage Foundation.
Troy Female Seminary, woman's Hos
pital In the State Of New York, Board
~ NfaStane Of hot ~ ',
Church In the United States Of America
(womans executive committee). Wom-
ans Board Of Foreign Missions Of the
Presbyterian Church. New York City
Mission and Tract Society. America.
Bible Society, New York Bible Society.
Children's Aid Society, Charity Organi-
zation Society, Presbyterian Board of
Relief for Disabled Ministers and the
Widows and Orphans Of Deceased Minis
ters. Metropolitan Museum OF Art. Amer
!can Museum Of Natural History. New
York Botanical Garden. New York
Geological Society, New York Public
Library, Troy Polytechnic Institute,
Union College, Schenectady; Syracuse
University, Hamilton College, Clinton
" Y; New York University. Yale Uni
yersity. Amherst College, Williams Col.
lege. Dartmouth College. Princeton Uni
versity. Barnard College. Bryn MawI
College. yassar College, Smith College
Wellesley College, Tuskegee Normal and
Industrial Institute, New York Infirmary
for Women and Children. Presbyterian
Hospital in the City Of New York. State
Charities Aid Association and Hampton
institute
According TO MI. de Forest, the ex-
ecutors OF the estate decided on the sale
after a careful consideration of condi-
tons in the real estate field. The fact
that so many big auctions have beer
successfully conducted In the last few
months weighed heavily IN favor Of thu
sale. Mr.. Day, who has been retained az
aucttoneer, conducted many of the big
sales held 30 far this year. the moGs an
portant being tho disposal Of the James
Gordon Bennett lots on washington
Heights.