The New York herald., 1920-01-20

term. The u. II. 5. Candy Company has
leased from George Ehret the three story
building at the southwest corner Of 4tl
av. and 14th ST.. also the two 2 story
buildings adjoining to the south In the
avenue The lease Is for twenty-one years
and involves about S650.0OO. Schmitt q
Donohue were the brokers'
The candy company will occupy the inn
mediate corner In 14th St store has
been subleased to the Adler Shoe Com
pany for ten years. and the upper two
.loors in the building have been leased to
clothing concern for a similar period
Negotiations are pending for the leasing
of the upper floor in the buildings TO the
south.
Another interesting lease just closed in
wolves the block front in the west side OF
Lenox av., from 124th to 125th SITS At the
125th st. corner is the Esleben apartment
l00x150. The corner space is occupied by
the Harlem branch Of the Columbia Trust
Company. The balance of the block front
100.11x150. is improved with three -four
and five story frame structures. In TINS
instance the United Cigar Stores Company
is the lessee. George Ehret also being the
owner The lease Is for twnty-one years
and the aggregate rental is about $1,000
900. Schmitt & Donohue were also the
brokers. The company will make altera-
tions, installing store fronts.
Large Leases IN inc brohAs
In the Bronx the United Cigar Stores
Company also leased from Joseph +. Day
and J. Clarence Davies the Community
Building. at the northwest corner of South
ern Boulevard and 163d street for twenty
one years at an aggregate rental Of about
$500, 900.
: The same company leased the northwest
corner of Fordham road and Webster av.
~ group OF two story frame dwellings, fol
gregate rental Of about $360,0o0.
James G. Bolger, president of the United
States Land and Improvement Company
said yesterday THE companies which
represent have adopted the policy of OBJ
tanning choice corners not only in con-
gested sections but also in those districts
where we feel future development is likely.
We are not only looking to the present,
but also to the future. We arc pleased
TO have obtained the Union square corner
for the candy corner because we feel that
it is particularly desirable for this con-
Germ"
Advertising Agency Buys.
Pease & Gilman sold for the United
Mortgage Company to the Frank Adyer-
tising Agency for occupancy the five stor!
building at ii and l6 Stone St, 30XGo. The
Frank Advertising Agency recently pur.
chased the Trinity Church parish house
at the corner of Thomas and Church SITS
for its own use from William ID. Fitz-
patrick, and within few days resold il
= 10 the New York University as a head
quarters for it's downtown classes. Sub
sequently the concern purchased IA and
is Stone St, and within an hours time
We're offered by Pease & Gilman 3
profit. The buyers expect to build two
additional stories to the building. The
entire deal involves about $4,000.
Aimone GnIIarics Buy.
Pease. 6 Gilman, in conjunction Will
w. Albert Pease. sold for Mrs. Lawrence
Jacobs. to the Aimone Galleries, the two
four story dwellings, 4Sxl0o10, at AZ anc
n East 10th st. The seller has owned the
property many years. The purchasing
company is now located at 257 Madison
av., having moved from the northeast
corner of Madison av. and 45th st. The
buyer was influenced in buying this prop.
crty or account of the recent announce
i ment that n mammouth hotel was pre-.
= iecteJ by interests identified with Genera
r. Coleman du Pont in the west side oi
Park av., 4Sth and 18th SITS.
Restaurant Purchases Taxpayer.
n. a. Berwin, Inc, and Frank Palmer
sold for the Brentwood Realty eompany
John Palmer president. s and 8 Hamilton
place. a two story taxpayer. 50Xs5. held
at SIS, 900. The buyer is G.. Pelerano. pro.
rrietor of tho Liberty Restaurant on the
premises.
Assemblies Plot In Seventies.
Charles l.. Taylor purchased through
Joseph +. Day three four story buildings
526xl03.2. at D7 and 200 East I'D 81. from
the estate of John T. Nagle ana from
Samuel Aufses respectively and the abut.
ting premises, 25xl022. at, 2l0 East 7it
ST. from George +. Shrady.
Twcnty-fourth street Loft Sold.
Elias Gussaroff Realty and Construction
Company purchased through Samuel
Matz from Isaac Schiff the twelve story
loft, e2xl0o at 43 to AZ West 24th .st.. held
ut $4,000. Otterbourg, Slender & Ious-
ton, attorneys. represented the purchaser
Sales In Downtown District.
Charles +. Noyes Compay sold to Man
Marx III and us West St, two four and
half story buildings. 4sx72. This prop
erty at one time carried a mortgage OF
more than 100000.
% Geo r. Read & Co and Horace s
Ely & Co. sold for Fannie Il. g. Ely
the two four story loft buildings 2S9 and
291 Washington St, 40.SXS2xirregular.
Joseph r. Day and Robert Rainey sold
10 Ma1niello Brothers and Mayrsohn the
northwest corner of Washington and Jay
sts, n three story building. i6xe5.
Murray Street Realty Corporation sold
TO the College Place Realty Corporation
- Murray ST., five story loft, 50xS9. liz
= irregular, adjoining the vacant plot at tho
southwest correr OF West Broadway.
SPOTS & Starr. Inc. sold for A. d
THOMPSON to the arundel Corporation
w. J. Mengel president. S66 West Broad
way, corner of Broome St, a five story
loft, 22xS5
n. Sharum sold TO Louis Siverman .
and 80 West 18th ST., twelve story loft
50x110x irregular, through A. Saltzberg.
Brooklyn Night Auction Sale.
Jere. johnson. Jr. Company viii offer
this evening at eight o'clock by public
auction in the Brooklyn Real Ecstate
Exchange n large number of one. two and
three family dwellings, flats. store proper
tics, vacant lots and plots. variously and
we'll located in Brooklyn All OK tho houses
arc rented TO monthly tenants, with early
possession II desired.
Dealings on Washington Heights.
Charles S. Kohlcr, Inc, sold for Ennis
l& Sinnott, Inc, 56 West 10Th ST. a five
story apartment. 5oxi00. renting for $1,000
and held at $4,000, to the Natural Chemical
Company.
Charles Galewski resold to Jacon Hen
derson tho Savoy apartment, n six story
structure at i52 TO 455 West 1i9th St, 1ox
in0. Tho property was held at $4,000 and
returns nm annual rental OF $4,000.
Kate Murphy sold the five story flat.