New-York tribune., 1920-02-01
Downtown Still
A Center OF
Realty Activity
Nearly an Entire Block in
the Old Swamp District
Purchased by Max Marx;
Plan Extensive Changes
Brokers Buy in Beaver St.
Take Over Property to As
sure Permanent Home:
Big Hudson Street Deal

The Charles F. Noyes Company has
sold to Max Marx nearly the entire
block bounded by Gold, Ferry, Jacob
ard Frankfort streets. The properties
include the FIVE and six story loft
buildings al g Ferry Street, on lot FAX
1a2; II and 13 Ferry Street, on lot 31x
II; Is TO 19 Ferry Street, corner Of
Jacob Street, CT plot 5ox53 1 and 8
Jacob Street, on plot 4ox65 5 and 7
Jacob Street, on plot 4Sx7l; the two
ard four story blildings al 9 to IT
Jacob Street, on plot 75x113, and 90,
81. 96 and 9s Gold Street. four plots,
each containing about 2,200 square
feet. and the corner plot at 100 and
102 Gold Street and ~ to 53 Frankfort
Street. with frontages of about az feet
in Gold Street and T5 feet in Frankfort
Street. The entire plot contains ap-
proximately $4,000 square feet. The
property has been placed in the hands
Of the Moves company for managemcnt Mt,
and extensive improvements will be
made to the buildings, and they will be
offered for rental or resale, with pos
session May I. The vacant property
on Gold and Frankfort streets will i'm
mediately be improved, and negotia-
tons are pending for resale of sew
eral of the plots through the Noyes
company.
The transaction is one of the most
important that has ever been consum-
mated in the Swamp" district. In ad-
dition TO this large purchase and cigh-
teen other purchases that Mr.. Marx has
made through the same broker, he re-
Gently acqu red. through Mr.. Noyes,
the Market and Fulton Bank Building
nearby.
l. L. Winkelman & Co. Buy
Lawrence Blake & Jewell have sold
for Frederick Brown to ' D. Sugarman
Co. members of the Consolidated
Exchange, the fou~-story building at
10 Beaver Street with an "I" running
70 New Street. This indicates the pre-
vailipg trend amcng brokerage houses
in search of additional space to handle
the increasing volume of business COM
ing into the financial district.
Sugarman & Co. find their present
quarters entirely inadequate to meet
the necessities in their increasing
business, and they had to take this
step IN order to insure themselves a
permanent home.
AfcnltSCES nave Deen calico INTO con-
sultation with q view to planning the
remodeling Of the building. although it
Is possible that an entirely new and
modern Office structure will be erected
on the site l.. L. Winkelman & Co.
stock brokers, recently purchased so
Broad Street for their future home
through the same brokers. Lawrence,
Blake & Jewell have been appointed
agcnts for the property.
Hudson Street Realty for Railroad
William A. White & Sons have sold
for the Red Diamond Realty Company
to the Eighth Avenue Railroad Com
parry 23l to 237 HuSson Street and 6
and 8 Renwick Street, forming a plot
Of 90 fcet on Hudson and 334 feet on
Renwick Street, having a depth of $50
feet The property was acquired by
Henry Heide in 1890 for his candy fac
tory bat was never improved. The
sellers attorney was Amend & Amend
and the purchaser was represented by
Michael Kirkland.
Sale OF West Broadway Loft
Charles A. O'Malley and Eugene A..
Walsh have sold for the estate Of M.
J. Mallory 1862 and 364 West Broadway.
between Broome and Grand streets. a
six-story basement and loft building, on
plot 45x6s. The building is one of the
hcA" est structures in the district The
purchasers, after alterations, will oc-
cupy the premises.