New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-08-11
Tall Apartment
ToBe Built ON
Murray Hill
Structure to
Replace Barney Dwell
ing in Heart of Famous
Residential Section

Murray Hill dwelling owners may be
interested to know that the long threat
ened apartment house invasion has
come at last. Before many months
have passed structure sixteen stories
high will be under way in the very
heart of the section. The courts have
ruled that an apartment house may be
erected within the restricted limits of
Murray Hill, but no attempt has been
made to take advantage of the ruling,
which was based on the use to which
the old Dutch Reformed Church, at
the southeast corner of Madison Ave
nue. and Thirty eighth Street, could be
put.
George Backer, who planned to i'm
prove the old church corner, which,
had he done so, would have been the
first intensive home building within
lne restricted area, is to erect the
structure just projected. 1t will go up
on the site of the Barney residence, at
the northeast corner of Park Avenue
and Thirty eighth Street.
The building will be sixteen stories
high and one of the finest apartment
houses that has been erected in this
city. The building will front SO feet
on Park Avenue and 115 feet in Thirty
eighth Street. The dwelling on the
corner was erected seventy-five years
ago by the father of the late Charles
7. Barney.
While Park Avenue above the Grand
Central Station is essentially an apart
ment house thoroughfare, Park Avenue
below the big terminal is strictly resi-
Dental, and holds the homes of some
Of the best known folks in the city.
The apartment project is the result
of another transaction. The thirteen
story commercial structure at 16 and
Is West Thirty sixth Street, which Mr..
Backer completed recently, interested
the Barney estate as an investment, for
the structure is fully rented at $105,-
600 year. Negotiations for the pur-
chase of the property were undertaken
by the estate through N. A. Bcrwin &
Co., and the deal was closed, the build
ing being sold on an asking price Of
SS50,O0o. AS part of the price the cs-
tate gave the family's old home at the
Park avenue corner. Mr.. Backer, who
as abuilder, accepted the parcel as a
site for an apartment house.
Middle-Class Flats in Demand
Edward ~ Crosby & Co. have sold
for Harry Hardesty, of Philadelphia,
the two fourstory flats at 215
and 217 East Tooth Street on plot 5Ox
100, to an investing client of George
Goldblatt Company and Lincoln Price
Max Benjamin and Frances H.
Wolf have bought from Louise
Schuber, the four-story house at 241
East Seventy-seventh Street, 25x102.2.
The Verona is Sold Again
The Verona, a five-story fiat, 25x
100.11, at 1861 Lexington Avenue,
northeast corner of 115th Street, has
been resold by the Army and Navy
Distributing Company, through OsN
car D. and Herbert " Dixie, to an in
weston.
The six-story tenement, on plot 4Ox
100.11, at 53 East 102d Street, adjoin-
ing the northeast corner of Madison
Avenue, has been purchased by Otto
Rutishausen from Thomas A. McKen-
nell.
The hve-story fat, 25x1oo at so
Ridge Street, near Broome Street, has
been sold by Amelia M. Bauchle.
Tenants Take Big House
The tenants of the cight-story
apartment, at 235 to 239 West Seven
tyfourth Street, who purchased the
property recently from julius Tisch-
man e. Sons, will take title to it in the
name Of Umatilla, Inc, which has
just been incorporated at Albany with
capital of 100000 by A. NORM, L.
n. Martin and O. J. Donson.