The Sun and the New York herald., 1920-05-19
SCHULTZ co. LEASES
21O FIFTH AVENUE
Will Pay Sl,OOO,OOO Rental
for Twenty-One Years Use
of II Story Building.
COLOSSEUM SOLD AGAIN
Annex Of Hotel Albert Leased;
viii Be Converted Into Mer-
camille Building.

leased 2i0 Fifth avenue through spear
g. Co. to the d. A. Schultz Company.
The property is an eleven story fire.
proof building extending through TO
1892 Broadway and fronts 2S.2 feet In
Fifth avenue, 30.2 feet In Broadway and
has a southerly line OF l294S feet.
The lease Is for twenty-one year
term and Is said to aggregate $1,000
600. The lessees will remodel into lofts
and will occupy the store and basement.
The building was built originally for
Mark Cross and was leased to them for
twenty-ore years.
ADnrtn ent Field Again Active.
A clieif: Of Louis Solomon, attorney,
purchased from the BenensOn Realty
Company the thirteen story Colosseum
apartment house at the southeast corner
OF Riverside Drive and 10th street. The
building. which is arranged In suites of
from six to twelve rooms, returns
$4,000 annually In rentals and has a
rounded frontage OF 1903 feet on the
drive, a southerly line OF 1881 feet and
an easterly line Of 65.ll feet. The pres
ent seller acquired the property last
month from Paterno Brothers. who
erected the building eight years ago.
Morganstern Brothers Syndicate sold
TO a syndicate OF tenants represented by
Rubin Cohen. attorney. the Mannados
at II East Ninety-seventh street. north
west corner OF Madison avenue, q six
story elevator apartment. containing
thirty suites and six stores Among
those Interested in the new ownership
are Joseph f. Cohen. Jacob Bayer and
Samuel Lapidus. The house covers a
plot 95X1ll.
Morganstern Brothers Syndicate sold
the five story apartment. 62Xll5. at 945
Fast 1Slst street through Samuel Rosen
b. \, Margulies sold through d.
Schoen TO client of Benjamin Antln. at
torney, 40 West l79th street, a five
story apartment house. 50x100,
Sol Cohen and Gustave Kaliske bought
from the estate OF Joseph Hecht 349
Third avenue. five story flat, 24.Sx100.
Hotel Albert Annex Leased.
The old seven story annex to the
Hotel Albert. at &c TO 50 East Eleventh
St, known as the Hotel ST. Stephens,
has been leased by the estate of A. S.
Rosenbaum for twenty-one years at
= an aggregate rental OF $500.000 to the
Bonar Phelps Company, straw hats. The
building covers a plot of about S1x95
and will be converted by the lessees into
La4rcantile structure.
Hebrew Kindergarten Buys Home.
Ennis & Sinnott sold S41 to S47 st.
Nicholas av,, the northwest corner of
lo2d St. four ,hree story dwellings, TO
the Hebrew Day Nursery and Kinder
sgarten. represented by Spear & Co The
buyers will occupy after alterations have
been made
PaternO Buys FIeIdston Plot.
Joseph Palermo, who purchased re-
Gently the estate CT Judge Nash Rock.
wood at the northeast corner OF Inde-
pendence av and 2j2d St, Rverdale-
on-the Hudson. enlarged his property
through the purchase of plot of lots
adjoining, at the corner of Palisade and
River av. from William p. Dixon and
Henry P. Murray. The Robert p Farley
Organization was the broker.
Rebuilding More Old Hopses.
Among the recent recruits to the
group OF well kno Hn New York men and
women who have taken to buying or
leasing old, run down East Side dwell
ings for the purpose OF modernizing them
are Mrs. Oliver Hartman, Mrs. Lawrence
Keene. Lloyd Aspinwall. Roland Steb-
bins. II. II. Duryea and Emerson Hough.
They have selected East Fifty-fifth St,
between Lexington and Third avs, for
their operations.
Lloyd Aspinwall bought No. 1l3 and
Roland Stebblns bought 145 from James
W. Bulmer through Harris, Vought &
Co. No. 147 was sold twice by Douglas
Gibbons & Co, the first time to Diego
de SuareZ and secondly to Joel Rath-
bone. No. l45 was sold by the Bulkeley
family to Mr.. Bulmer.
No. 14i was leased for twenty years
to II. H. Duryea and No, 142 to Mrs.
Oliver Hartman through Douglas L.
Gilman & Co.. Inc. No. 14s was leased
for the same term TO a Mr.. Mcmillan
= and No. l46 to Mrs. Lawrence Keene.
The block In which these houses are
located contains The Babies Hospital at
one end and the Imperial Lyceum at
the other. with the First Swedish Bap-
tist Church about in the centre. The
houses were held at about SIS, 900 each.
They will be remodelled into the Ameri-
can basement type with English gardens
IN the rear.
Dwelling Market Brisk.
George w. Brettell sold for the
Charles Armour estate to Mr.. and Mrs.
Frank T. Simmons. tenants, 2077 Fifth
av., at the northeast corner Of 12Sth
St. a four story dwelling, 25xS0. The
property has not changed hands in
thirty-five years.
Charles Wynne and L. II. Low bought
and resold through Harry Sugarman
131 West 136th street. near Seventh
avenue, 15.6x100, n four story dwelling.
Pepe & Bros. sold for DR.. Samuel
H. johnson the four story residence, lex
80. at 81 West Ninth street.
Dun & Conger sold to Kathleen Macy
Finn for Harry A. Dun and others the
residence at 1888 Madison avenue.
DIR. Samuel Bookman purchased the
four story residence he occupies at 4S
East Eighty-second street from Henry
Block
Lena Karp purchased from Mathilda
Muller 1903 East 103d street, three
story house. 16x100.11.
The FIVE story residence, 21.6x100.5.
at II West Sixty-elghth street, has been
sold by Alice II. T. Harbeson. who has
held title since 1906.
Jules Nehring. Inc, sold for John W.
Springer to Eric Boetzel $50 West 1S3d
street, a three story dwelling. 16x75.
Calm & Calm sold to Teresa Hoffstadt
2sO East Twenty-slxth street, a two
story dwelling. 31xl00. through Joseph
Eisenbrandt.
The three story dwelling, 1sxSs.11, at
4 255 West 127th street has been sold by
Herbert X. Brook.
Simon S. Friedberg resold through
hh attorney. Charles Fredericks. the
three story dwelling, 16.sx9e.11. at 254
West 127th street.
Porter & Co. sold TO Edward A. John
son the three story dwelling at 204
West 132d street. l6.Sxl00.
Crocodile Island In Suit.
The Title Guarantee and Trust Com
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