The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-11
HECKSCHER TO BUY
VANDERBILT HOME?
MAY Take Over Mansion at
SD Street and Fifth Ave
nue. for Trade Uses.

a persistent rumor in real estate cir
oles yesterday associated the name Of
August Heckscher with the impending
sale of the palatial home of the late
William n Vanderbilt. al. the northwest
corner of Fifth avenue ana Fifty second
street. which was placed in the market
at $500 600 following the recent death
OF the owner in France IT is fully ex-
pected that the sale will be closed before
the end of this week. although Albert
J.. Ashforth. the broker. would vouch-
safe no information on this point. If
Mr.. Heckscher buys the house there is
little doubt that he viii convert the
site for business use
Mr. Heckscher and his wife recently
donated the entire Fifth avenue block
between 104th and lO5th streets as a
site for home for the Society for the
Prevention of Cruelty TO Children and
fund of not less than $4,000 a wear for
the maintenance OF the work of that or
ganization. The Heckscher fortune was
made chiefly in real estate. Mr.. Heck
scher himself having figured as the
owner of many of the finest business
properties in the city.
The Vanderbilt house is n white stone
structure and is regarded as one of the
most ornate in the city. 1t is said that
the asking price i'm the present deal Is
something in the neighborhood Of
$S.000OO0. The property fronts 1905
feet on Fifth avenue and 175 feet on
Fifty-second street The site was ac-
quired by the late Mr.. Vanderbilt in
1879. After the marriage of his son,
William X Vanderbilt. Jr., house Of
similar Gothic design was erected on the
+. plot Just north. at Csc Fifth avenue. For
years the Vanderbilts held their proper
ties on this block as bulwarks against
the invasion of trade. and many of the
property owners in the neighborhood
stood back of them. In his WILL how
ever. Mr. Vanderbilt placed no restric-
tons on the ultimate disposal of the
house.
Mr. Heckscher owns the twenty-five
story skyscraper at so East Forty -sec-
ond street. southeast corner of Madison
avenue. and is putting up the monster
cathedral of Trade" on the site of the
old Whitney home at the southwest cor
ner of Fifth avenue and Fifty-seventh
street
The Dwelling Market.
Harry p. Hewes sold for the Charles
Gulden estate 118 West Seventy third
street. four story dwelling, 21x1022.
Harry Sugarman sold for Louis l..
Mack 1874 West 131st street near Lenox
avenue, a three story residence. 20X100.
TO client of Clarence Norman.
Anna Field sold to II. Regnault the
four story dwelling at 14S West 123d
street. 1S.9x100.11.
Albert Stern sold for e w Ruther-
..rl ..e.1 To-
the three story dwelling at 15S East
12Sth street to Leonard Premature
Deals Revealed I'm Transfers.
Charles s. Phillips, as executor, sold
to Dominick Palazzo the four story
flat. 2Oxs0. at 1856 Second avenue.
The five story flat, 25x1oo5. at 1927
West Forty-second street, has been
sold by William d. Grant to the Mo-
sale Tile Company.
Marguerite Krones sold to Louis
Shattern sos East Ninetieth street, n
five story flat. 95x10hs
The two four story flats. iox75. at
1854 and 1886 Avenue \ have been pur-
chased by Charles Often from Frederick
Lesser
Esther NJ Behlmer sold to the Dohm
Realty Company AZ West Thirty-first
street. a five story flat, 25x9S.9.
Wolkovisler Young Mems Benevolent
Association bought from Fanny y. Il.
Adria the three and one-half story
dwelling. %. 7xs76. at a35 East Broadway
House of Prayer Of God in Christ
bought from Curtis Smith Ella Madison
avenue. near 133d street. a three story
dwelling 20xso
The three story DWELLING 1Sx99.i1. at
2i6 West 18th street. has been sold
by the Greenwich Savings Bank to
Dora w Wheaton.
William a. Campbell bought from the
Guaranty Trust Company. as executor
234 West l36th street. n three story
dwelling 16.sx99.11.
Mary e. Cowan bought from James
A. Trowbridge. Jr., the three story
dwelling, 1G.sx100.r. at 2S West 105th
street