New-York tribune., 1920-02-26
Competition Is
Keen for Realty
In Trade Zones
Spectators Find Investors
Are Not Waiting for
Them to Exploit Prop.
erty; Getting In Ahead

The eleven-story building at 244
Fifth Avenue, adjoining the southwest
corner of Twenty-eighth Street, erected
about eighteen years ago for Andrew
j. Connick, has been sold by Mr..
Connick's heirs to Harris and Maurice
Mandelbaum, and Fisher and Irving I.
Levine. 1t covers plot 341xlOO.
The majority of the leases expire in
May, 1921. John r. and Oscar l..
Foley and William s. Baker negotiated
the transaction.
Builder Buys in Jones Street
Millard SHREDDER, builder, has pur-
chased from the William G.. Mennen
Company the six-story loft building
on plot 4lxl00 at % Jones Street. En-.
tlre possession of tho building will be
obtained in December, 1920
Estate Sells Beckman Street Realty
The Charles F. Noyes Company has
sold for Van Boskerck estate to Fred
erick Brown 166 William Street and
9l-43 Beekman Street tive-story
basement and sub-basement building,
recently reconstructed, on lot 26x35'
Mr.. Brown will cancel the lease of
the present tenant and the building
VIII be offered for resale. Mr.. Brown
paid all cash, taking the property free
of mortgage.
Hammersleys Sell in Murray Street
Max Marx and Nose Goodman have
purchased from the John w. Hammer
sley estate, 55 Murray Street, through
to 90 Warren Street, q five-story loft
building, on lot 25x175.
Resells Fire. utted Building
The fire-gutted building at 1s and ls
Maiden Lane, corner of Liberty Place,
has been resold by the Broadway-John
street Corporation elias A. Cohen,
president) to Abel Bros. & Co., jewel
iers, now located at Maiden Lane and
Nassau street, which property was ac-
CURED recently By the Lawyers Mort
gage Company as site for an eleven
story structure for their own occupancy.
1t occupies frontage of 36 feet on
Maiden Lane and 80 feet on Liberty
flacc. The buyers will rebuild it into
a SIX story fireproof structure in which
" VIII occupy space on the lower floors
ana suitcase the remainder to other
hrms IN the jewelry trade. A. II.
Mathews was the broker.
Printers Buy on Pearl Street
James S. Anderson e. Co. have sold
the four-story building at 1T Pearl
street, near Pine Street, for the Mon
son Heal Estate Company to John Bing.
nam d Co., who will occupy part of the
pulidlng for their printing establish
ment.
Old interests Sell 23d Street Loft
Tucker, Speyers G. Co.. and NJ Sal
mon have sold for Elizabeth +. Castles.
yohn w. Castles Jr. and Frances c.
rrahcls, the six story loft building at
lo2 East Twcnty-thrd Street.
Tenants Buy .42d Street Place
Jacob J. Tabolt has sold for u J.
McDonald the fve-story building at 420
west Forty second Street, on lot 25x
100 70 Thomas Wilson. of Stroh &
wilson. 'stealntitters and contractors,
Wno eo nave been tenants for the last
nsteen years. 1t is the first sale of
eh's' property in forty years.
Auto Co. Buying on Eighth Avenue
j., X. Holly has sold 952 and 954
Eighth Avenue, a six-story structure,
On p OF 40X90, with an 81" to 243 West
Fifty sixth Street, 20x1O0, for Minnie
.. " ooo, Lille r. Kobe and O,ton j
Betz;; The Manport Realty Company
me buyer, IS negotiating the resale Of
the building to automobile interests
The property, which was held at $780,
600, IS under lease until May ].
L. Sharum has bought from the Gr;f-
ton Holding Corporation 1T Prince
Street, six-story loft, on lot 25x956
II. L.. Sonand was the broker.
Trade Takes Dwelling
Oscar D. and Herbert Y. Dixie have
sold 225 East Sixtieth Street, a four
story building on lot 20xlO0.5, to n
client, who will alter the building for
his own business.