The New York herald., 1920-01-03


story office building at 800 to 3sa Broad
way, northeast corner of Pearl St. 75x15O.
to the Morgenstern Brothers Syndicate.
Baldwin III. Schupp. president of the Mox-
ley company. stated yesterday that the
deal involved the renewal OF the lease
on the ground floor and Easements with
the Citizens National Bank for a long
term at a considerable increase in rent.
The building was built by the selling COM
pany for the purpose of providing a per-
manent home for the bank. 1t has among
its tenants the Arkwright Club, the Stand
ard Textile Products Company. each oc-
cupying two entire floors; the United
States Finishing Company and several
bleachery and cotton goods houses. as well
IS attorneys and real estate operators.
Negotiations for the resale of the prop
erty to prominent investor by the same
brokers' is pending.
Exchange Buffet Company Buys.
The sale OF an interesting parcel in John
street has just been concluded after nego-
fiations extending intermittenly over a
period OF more than two years. Through
Manning & Trunk the Exchange Buffet
Corporation acquired from the Volkening
estate n to 2s John street. old four and
, five story buildings occupying a plot OF
about 10,400 square feet. The property
was held at about $675.000. It is the in
tention OF the buying company to erect a
new building Of undetermined height on
the site. Frederick Putnam Platt prob
ably will be the architect. The lunch COM
pany will occupy part Of the ground floor,
an the basement and sub-basenent in the
new structure. and will lease the balance
Of the space. The plot has an interesting
history. Between 1900 and 1910 it was
the site Of the old John Street Theatre,
which was located at the rear of the plot
and reached q ten foot alley still in ex-
istence. In the front Of the property it was
refreshment park and lawn where it was
the custom Of those attending the perform
aEce to obtain refreshments during the in
termissiona About five years ago the
property was leased to the late William
Cockroft, but bis death terminated i'm
provements contemplated at that time.
Knox Building In Reported Deal.
According to reports In circulation in
5th av real estate circles yesterday a
group of builders have negotiations well
advanced for leasing for a long term OF
years the ten story Knox Building at the
southwest corner Of 9th av. and 10th St,
opposite the Public Library. Title to the
property stands In the name OF the Farm
ers' Loan and Trust Company. 1t has a
frontage of 80 feet in 5th av. and no feet
In 10th st. Coincidentally there was formed
at Albany on Wednesday the Fortieth
Street and Fifth Avenue Corporation. with
q capital Of $50 600, and Benjamin Morde-
cal and e. c. and r. G. Potter as direc-
tors.
The Knfckerbocker Building Sold.
The Knickerbocker, an eleven story
apartment at the southeast corner of 5th
av. and 18th St. held at about $SO0, 900. has
been sold by the Farmers Loan and Trust
Company to syndicate. The structure,
ss.10x125. probably will be altered into a
commercial structure at the expiration of
cooperative apartment houses erected in
Manhattan. w. Albert Pease. Jr., and NJ.
q. Loewenthal were the brokers.
Another John Street sale.
Charles r. Noyes Company sold to
Sigsbee Graham, for the Stevens estate.
John St Mr.. Graham now owns at this
point a plot of $500 square feet at the
intersection of John and Pearl sts.. in
Guiding 107 and 109 John st. and 239 Pearl
st. An architect has been commissioned
10 prepare plans for an eight or twelve
story building to be erected when present
leases expire. Mr.. Graham owns many
Garage for Park G. Tilford.
Frank Il. Taylor sold for Mrs. Anna
Schneider, George Refchard and Mrs.
Bertha Herbert. 5s7 to 541 West 4sd st,
15x10o.5. for improvement with a three
story garage. which will be occupied by
Park & Tilford. under long lease. The
property adjoins the seven story candy
factory of Park G. Tilford, now under
construction, running through from 45d
TO 44th st.
Sale I'm Cliff street.
Broadway-JohnS Street Corporation. Elias
A. Cohen, president, bought from the
Brooklyn Trust Company 10 and 21 Cliff ST..
n five story building. 43x10o; also 243 and
e45 Pearl ST., five story building, 40x100.
through Frederick Zittel &c Sons.
Builders Purchase Plots.
Pease & Elliman sold for Simon Lewald
TO James MCGUIRE &c Co.. builders, the
three four story flats 16s to 172 East 74th
It,. 9o.2x102.2.
Apartments I'm Many Deals.
worthington whitehouse, Inc, and Sid
ney d. Ripley sold for Frederick Brown
10 East SD St, a nine story apartment.
6s4xi00.5.
Charles Galewski bought from Forbes &
Co. the six story apartment, 1oOxloo. at
t3e1 to 1897 Madison av., southeast corner
Of 9th ST., through John Finck.
Charles Galewski resold to the Plotts-
mouth Realty Company the six story
apartment, 94x10s at ST Hamilton place.
northeast corner OF 10th ST., through AL
bert Rosenthal.
Julius Bachrach sold for the Equitable
Life Assurance Society and the West
Mercer Corporation the two four story
buildings, Nx9s.9. at 257 and 259 West 18th
st.
Harry Ginsburg bought the five story
tenement at 204 West 67th st.
Jacob Wiegan bought from Joseph
Shenk the two six story apartment
houses at 1929 and 1.4S1 5th av.,
through E. and S. Lee.
Collegiate Court, a six story apartment
building, 40x100.s, at 40s and 40 East
s9th ST., has been sold by Ada Kuhn to
j. Desmond through John Copek.
Morris Ropstein resoid for Isaac
portman the five story apartment, 7ox
90. at 655 West 177th st.
Other Manhattsn sales.
Charles II. Moore sold for the Man
ming Bernhard Realty and Construction
Company 36e West Broadway. corner
Broome st., five story loft.
Cross e. Brown Company sold the
Building at os and 100 Blcecker st. 20
ere E.anmoro Realty COmpany for Mary