The New York herald., 1920-12-25
OWNER OF SEVILLE
BUYS APARTMENT
Acquires Big House on Madison
Avenue to Protect Light
and Air Of Hotel.

The old comparatively owned apart
ment house at the northwest corner of
Madison avenue and Twenty-eighth
street has been purchased for $4,000
by Louis c. Raegner. president Of the
Roy Realty Company and owner and
proprietor of the Seville Hotel at the
southwest corner OF Madison avenue and
Twenty-ninth street. Mr.. Raegner paid
Sl40,000 cash. The sellers were the 80
Madison Avenue Corporation, which at
one time included the late Justice Bar
rett of the Supreme Court and the Dur
yea starch interests. Henry w. Hayden.
attorney Of the firm of Hayden & Post,
6S William street. drew up the contract,
Mr.. Hayden has been secretary OF the
cooperative company for forty years, or
since the building was opened.
Mr.. Raegner now owns the entire block
front on Madison avenue from Twenty
ninth to Twenty eighth street, including
the Seville Hotel. He bought the corner
parcel to protect the air and light for
the hotel. He said yesterday that he
would continue to operate 1t as an
apartment house. but would probably put
In stores on the ground floor. The build
ing fronts TAI on Madison avenue and
95 feet on the street. 1t is ten stories
high. The broker in the deal was
Charles NJ. Baldwin, who is a tenant in
the apartment house.
Horace s. Ely & Co. in Many Deals.
Horace S. Ely & Co. sold the following
properties to a client of Samuel Cowen:
For the estate OF the late Edward Rob-
erts. 2405 and 2407 First avenue and
367 East 1891 street. 5O.1xS0, improved
with three four story flats and stores:
for the Nivlac Realty Company, 20+9
Second avenue 25Xl00, n five story tene-
ment; also for the Nivlac Realty Com
pany, 62 East 10th street, 25Y100.
five story tenement. and for Mrs. Annie
p. Smith and Miss Mary II. Phelps, 2002
Second avenue, 25x74, a four story tene-
ment. The same brokers also sold for
the New York Life Insurance and Trust
Company, 253 Stanton street. five
story tenement. 25x65, and for the Lloyd
Phoenix. 304 Madison street, three
story dwelling, 1S.Gx107.
stock Brokers In Old Garfield Club
Albert b. Ashforth. Inc, has leased
the parlor floor of the old Garfield club
house at East Forty-fourth street to
Charles f. Br!ckley & Co.. stock brokers,
who will use 1t for an ouptown branch
DCaAS AZ
Ryan & Co. sold for a client of VIM
i. Van Alstyne to the Midlow Realty
Company the two five story single flats,
37x98, at 610-12 st. Nicholas avenue. The
same brokers resold the property for
the Midlon Realty Company TO VIM. Il.
Mulcahy and Alma Bertsch.
Henry Trenkmann sold the four story
building. 26XlOO, at III Mercer street.
Abraham Jarmolosky is the owner of
record.
Dwelling Sales Reported.
Pease & Gilman sold for j, Morgan
Browne the five story, 10 foot dwelling,
at GA East Fifty-fourth street. be-
tween Madison and Park avenues.
Slawson & Hobbs sold for the Misses
Fallon 3l5 West 1G4th street. a three
story dwelling, 20Xl0o
James w. Taylor sold the four story
dwelling at SO West Ninetieth street,
20X10o. between Central Park West and
Columbus avenue. II is said to hsve
been purchased by a Mr., Dougherry,
Joseph Nasanawitz and l.. ID. Kra-
kcr sold for n client to a buyer for oc-
cupancy the three story dwelling at 125