The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-28
by CHARLES #. MOVES.

from Cedar to Nassau, would move
north on William and that the centre of
this district would be in the William
street section from Maiden lane to Full
ton. This prediction is now 100 per cent
fulfilled. The changes have come even
more rapidly than was anticipated or
predicted The new section is In such
great favor with the Insurance frater-
nifty that 1t is being extended to the
east and to the west on John street and
on Maiden lane. and even Fulton street
between Nassau and Gold is now being
discussed as the future home for insur-
ance companies Already a consider
able amount Of Fulton street property
has been taken over for insurance pur-
poses. -
The Noyes company alone has done
more business with fire, liability and
casualty insurance interests during the
past twelve months than in the previous
twelve. years An important transaction
Is the taking over of the sixteen story
Hilliard Building at 81 John street, on
the east corner of Dutch street by the
Travellers Insurance Company In an
SS,O0O,0O0 consideration. Possession OF
practically this entire property, with the
exception of the space occupied by the
Commercial Union and the Northern As
surance, viii be obtained on May ! next
Already the Travellers have secured
through the Noyes company 8 and 10
Dutch street. adjoining. and an addition
VIII be erected on this plottage of 47X72
to care for their increasing require
ments.
The magnitude of this transaction is
manifest when 1t is considered that over
$4,000 square feet of ground Is involved
and about 10000 square feet of rents
able space.
Details of Activity I'm District.
The Aetna Life Insurance Company
leased through the Noyes company six
floors in the Woodbridge Building, with
possession between now and 1921. The
billiard Agency is moving on May
next to the twelve story Franke Build
Ing. at As John street, and will have In
this building ground floor underwriting
space three times as great as that which
they use in the billiard Building. with
several additional office floors above.
John A. Eckert & Co. have purchased 80
John street and 23 Plat street, the
block front on Gold, and a four story
individual building is now being erected
on the property by Bernard F. Golden
Hall & Henshaw have taken the ground
floor and basement in this building and
the Standard Appraisal Company the
ufPVA iOOi' iSstNilS liIe TWO intermediate
floors for the occupancy of the Ecl1ert
business. Adjoining, at 81 Plat street
the Under writer's and Credit Bureau has
purchased five story office building
and have subleased the store and base
ment to Hall & Henshaw In connection
with their adjoining premises. Franklin
Petit, the well known operator, has
bought 96 John street and 10 Plat
street, and negotiations are pending for
a resale to insurance interests Two
notable office buildings now In course of
construction, and both under the man.
agement of the Noyes company, are the
ten story building at SO Maiden lane
and Gold street, on a plot Of $500
square feet, and being erected by Will
lard S. Brown & Co. for the Brown
Agency and the Northern Insurance
Company. and the new eight story office
building being erected at 96-I00 Maiden
lane, on a plot of 1850 square feet by
the Union Indemnity Company of New
Orleans. While foundation work only
is progressing at SO Maiden lane and
the present buildings are being demol-
ished at 96100 Maiden lane. yet al
ready the Noyes company has rented
three floors In SO Maiden lane and Z
Gold street to the Royal Exchange As
surance Company and underwriting
DGen
rented TO the Charles T. Wickham
Agency. Both Of these new Maiden lane
buildings are from plans of Clinton &
Russell
The architects In both cases have
carefully studied the problem OF indi-
vidualty and distinction in design The
83 Maiden Lane-7 Gold Street Building
is in harmony with the spirit of the his
toric thoroughfare. Colonial style ar
chitecture was adopted as far as this
satisfying style and architecture can be
applied to a modern Office building. The
lower stories Of the facade are 70 be in
marble and the entrance featured with
Colonial columns The intermediate
stories are Of red brick with marble
trim and the two top stories are entirely
in marble with ornamented pilasters.
The 96-100 Maiden Lane Building has
an exceptional frontage of 10 feet with
depth of only so feet. which allows for
exceptional light on all floors. The front
is Of simple and dgnihed Italian design
executed in stone, brick and terra Gotta.
Limestone is used for the first two
stories. setting on a polished granite
base divided In unusually large blocks.
The main entrance of simple large scale
Is recessed. THE stone Of. the interme-
date stories is in brick OF a notified
gray tone with coigns at either end Of
terra Gotta. The interior trim i'm this
building throughout will be rich ma
hogany.
Notable Changes of Past Year.
AT 90 to "a Maiden lane and and II
Cedar street the London Guarantee and
Accident Corporation will reconstruct
the five story building on plot Of $500
square feet and occupy the entEe build
ing In connection with Kelly g. Fuller.
At 50 to 81 Maiden lane, including 4, 8,
8 and 10 Gold street, the Federal Re-
serve Bank is erecting a large office
building The National Surety Company
when this building Is completed will
take over a portion of the ground floor
for their metropolitan department; 70
to 70 Maiden lane and 3 and IL Gold
street. a plot Of Is. 900 feet, is now being
improved with an eight story building
for the w. l.. Perrin and Mills & Hon
ness insurance interests and this build
Ing win be leased 10 insurance tenants
Bennett Ellison has secured through the
Moves Company, 80 and 10l william
street a building about f0NSO In size
and he Is to erect six story building
on the plot This building will be ready
for May rental Corroon & Duffey pur-
chased the twelve story WHY'S Building
at 90 william street and the Home In
surance Company are already occupy
ing I'm part their new fourteen story
building az 90 William street The
Home. in addition 10 purchase OF this
property. which was formerly used by
the North River Insurance Company has
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