The Sun and the New York herald., 1920-08-17
REAL ESTATE NEWS,
NOTES AND GOSSIP
Market Compared With Season
of 1919 Shows Return
to Normally.

Although the seasonal dulness usually
,,,,eps itself on the market thoroughly
A,rrg the middle Of August, the vol
or,. of trading reported this summer
aurpq that period has indicated no sud
S"r falling on. Compared with the cor
snsnondIng period In 1919, trading OF
,ourse curse does show a falling on A year
s oSo operators were buying and selling
,ertract5 for some OF the most 9ttrac-
uys apartment house properties IN Man
haitian with rapidity that made heada
sWirn. Their activities TO n certain ex-
,snt Also invaded the business property
aid This season there is almost a
,o,al lack Of speculative buying In either
rssdental or commercial realty nelds.
observers believe the market has
rrartlcslly reached the normal stage OF
bealthful growth and that II will
crow more and more healthful from
,ew on. The buying for occupancy
r,ovement s necessarily slack at this
lime. especially in the residential field,
y,t the volume OF dwelling sales con-
,intos almost undated from week to-,
wsck. suburban trading has slackened
uotceably, but there IL an almost uni
vsrssI belief that the fall season will
onsn with an unprecedented demand for
4rery piece Of property that is In the
market
II there is n phenomenal comparison
hs.wcen the feversh market of the sum
mer Of 1919 and that OF 1920, 1t should
hc borne in mind that almost all the
marketable property In the greater city
has been absorbed. The unusual Stu-
alton il approaching where the would-be
buyers vastly outnumber the sellers In
other words, property has again found
ns way into the hands Of conservative
ownership. which by no means portends
A lowering OF prices
Trinity Corporation in lease. 90
Tho Continental Paper Bag Company
leased from Trinity Corporation the Al
mlral Building at the northwest corner
O Clark and DominicS streets, for ten
years from May !. 1921, at rental ap- |
proylmatng $4,000 per anrtum j. Gold
and George Mime negotiated the trans
action The building is n four story !
structure covering plot 74X125 feet |
and contains about. $4,000 square feet
Brown Sells PeekskIlI Estate.
Frederick Brown sold property known
Az the Charles Repertte estate at York |
town, near Peekskill ". Y, TO Harmon |
August who. 1t is understood, plans to |
turn the property over as q gift to a |
new society Of working girls. The !
property consists Of about forty-four |
acres located ON the Strawberry road, |
about one half mile north OF Lake Mo- |
lsgan. There Is a Colonial residence Of |
fourteen rooms and three baths. with a |
swimming pool, and outbuildings, In |
cluGinS tenant houses garage, barn, SC. !
George Levy and George Howe were the |
brokers
Business Property Deals.
Fayorlte Realty Company sold to the |
iU Firth Avenue Corporation the six |
story and loft building at 1874 Fifth |
avenue, 26x120. between Twenty
and Twenty-second streets.
Auto Pneumatic Action Company |
bought the property adjoining its plant
hg26 to $40 West Fifty-hrst street, ex-
nnting through to 63l TO 635 West Fiji
dsth street, comprising n six story fac
py and three story stables. The sale
vas made by the Farmers Loan and
Trust Company.
The TWO five story buildings Mt l4s
and l5l West Twenty-third street, 4Ox
Wg have been sold by the Roberts
Company to the Ssllye Realty Corpor-
alton
Charles L. Meehaa sold to Daniel VI.
Enright the five story building at sS
Front street, 22.7x764.
Daniel W. Hammond sold to the
United States Trust Company Of New
York l73 Mercer street, Ave story
building, 37x25.
NJ. l.. & C. Ernst sold to n. Man
rassa the building with several stores at
he northwest corner Of Audubon avenue
and 1920 street, 25xS0. Ieitner, Brener
tIeitner were the brokers in the sale.
Mary r. Goelet and others sold to
Rosamond A. Schneider and Rebecca
" Poucher the FIVE story building with
store at 2j2 Water street. 12.5xiO.lOx
Irregular. near Peck clip.
The four story building at "a Tomp-
Nrs street, 22x60, has been sold by
Frank y. schmtt and others to Isidore
tni Jacob Kaufman, who have resold II
h Hyman Haber
Union News Company, with a branch
It 257 West Thirtieth street, bought
rom J. w. Silleck No. 24S, on the same
block, consisting OF a Ave story front
building and rear three story building
N19S9
Dwelling Market Brisk.
Douglas L. Gilman & Co, Inc, sold
ior Francis c. Bishop the Ave story
DWELLING. 25xi00, at 9 East Eighty
street The house, together with the one
a No H. was designed by Warren
Wetmore few years ago.
Henrietta j. Bruno sold for Emily
lAewy 81 west Nlnety-seeond street,
three story dwelling. 20xl00, to A. Click.
~ II, Gaillard & Co. sold for the
Wtherbee Real Estate and Improvement
Company, Arthur C. Frances president,
hs four story dwelling at 80 West
MW-eighth street, 2iK100.
Gertrude Mendelson sold the four
story dwelling at 10 West Elghty-fourth
sreet, 2lxlO2.2, to David KaInaleF, who
nsolt It to the II. N. Holding Company.
Carl T. w. G. Uppmann sold to Henry
T. Turner, trustee, the four story dWell-'
lnE at 50 West seventy-lrst street,
NS1lO22
The three story dwelling at 81 West
ilith street, 17,6x100ll, has be9n sold
BY Max Beringer TO the Congregational
ehebra B'nai Schlome Anshei SemeiD J
John II. Pierce sold for Miss Teresa
Aorarty 80 West 130th street, four /
tnory dwelling, 2O.Sx100, to Mrs Fannie
herlog which had been in the selling
family since 1887.
Goodwin & Goodwin, Inc, sold for
Ioseph G. Abramson the three story
lRsst
~ J. B. Engllsh sold for Margaret p,
Sreen and John Cunningham to Fannie
Seisch the three story dwelling s2i
vest Fiftieth street, Iox100. and resold
w Fannie Reisch to Kliegl Bros. who