The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-02
REAL ESTATE NEWS,
NOTES AND GOSSIP
Fourteen Buildings in Har-
LENS Theatre Centre In.
vOlved in RumOred Lease.

report was current yesterday In
harlem realty circles that the four
Teen three and four story buildings on
the east side OF Seventh avenue. be-
tween l2Sth and 126th streets. owned
LOT many years by Gen. Arthur r.
wilson. or the firm Of Earle Wilson,
nave been leased for long term. The
property Is In the heart OF the Harlem
theatrical district, and negotiations for
taking 1t over in whole or in part by
theatrical interests have been reported
on several occasions. 1t is said the
present deal calls for the moderniza-
ton of the buildings
The site includes los and 1863 West
10th street. which consists of five
three story buildings with stores: 2lO7
and 2lcs Seventh avenue. two similar
! buildings, and 162 To ia West 126th
street. a five story building on the
corner and six four story dwellings
adjoining
The property is diagonally opposite
the Alhambra Theatre, and on 125th
street adjoins the site purchased by
4 the Columbia Trust Company for new
home. Gen. Wilson is said to have been
asking a rental of $60.O00 a year net
for the property. 1t fronts 200 feet on
Seventh avenue, 100 feet on 18th street
Sfie AoA Attb oii 1"obi Sblttt-
Estate Sells White street Holding.
Charles F. Noyes Company sold for
the Smith estate to Eugene l.. Bennett
IS White street, five story store and
loft building, 25x100 with possession
February /, and free of mortgage. Will
lam c.. Orr was the attorney for the
Smith estate. The sellers purchased
the property in 1887. The building has
been placed in charge of the Noyes
Company for management.
Hobart Building In Long Lease.
The twelve story Hobart Building at
the northeast corner of Broadway and
Thirty-seventh street, which surrounds
the Hotel Normandie at the southeast
corner of Broadway and Thirty-eighth
street, has been leased for seventy
eight years by the Times Square I'm
provement Company, Harry Fishel,
president, to Reuben Sadowsky. cloak
and suit manufacturer. The property
is assessed at $2.666,OO0. 1t is reported
that the aggregate rental which Mr..
Sadowsky will pay is several times
that amount. The building was opened
in February, 1914, and was at once
largely tenanted by cloak and suit
manufacturers. Mr.. Sadowsky took a
long term lease on five floors.
Stein & Salant, lawyers, represented
Mr.. Sadowsky in the transaction, and
Herman CHASER was attorney for the
lessons. The building occupies plot
fronting 100 feet on Broadway, 154 feet
on Thirty-seventh street and 20 feet
on Thirty-eighth street The lessons
obtained the site in 1912 from the Hobart
estate on which to erect theatre,
rathskeIler and office building.
Leonard St. Rental Up 100 p. G.
Charles f. Noyes Company has ex-
tended the lease of Boorum & Pease
on the ground floor. basement and sec
ond floor of 1903 and Ill Leonard street
for $4,000. This is an increase OF nearly
100 per cent. over the past rental Inc
building, with several others adjoining
was recently purchased through the
Moves Company by Sgsbee Graham.
VIII Improve East Goth st. Site.
Antonio Caltabellotta has taken in
exchange from Adelaide NJ. Wear the
two and three-story buildings, on plot
aS4xgSe at 2O6 and 208 East Twen-
tv-ninth street for Improvement with
n large building Mr.. Caltabelotta gave
the four-story flat, on plot 26SxlO2.Z'
at 237 East Seventy-fifth street Charles
A. Rosenthal and Charles De Rosa OF
Lewis l.. Rosenthal's office negotiated
the deal.
savings Bank Loans S665,OOO.
The Emigrant Industrial Savings
Bank has made a loan of $665.O0O TO
the Brennan Estate. Inc, on the nine
and ten-story Hotel San Reno, occupy
ing the block front on Central PARK
West, between Seventy fourth and Sew
enty-fifth streets. 204.4xl05x irregular.
The same bank has also made a loan
of s245,0 900 to the Ralph Realty Corpo-
ration on the six-story Balmoral Court
apartment house at the southwest cor
ner of Broadway and 1850 street, loi;oN
look Irregular. Both loans are for five
years and bear interest at the rate
of 6 per cent.
Plans for n New Building.
Plans have been filed with the Man.
haitian Bureau of Buildings for the con-
struction oe building for the Friendly
Aid Society, of which Alexander j.
Hemphill is president to be erected at
the southwest corner Of First avenue
and Thirty-fourth street. II will have
1 a frontage Of 49.4 feet and a depth OF
SO feet On the ground floor will be a
kindergarten. The second floor Will con-
tain club rooms and there will be living
quarters for sixteen people on tho third
floor Frederick p. Kelley, the architect,
has estimated the cost at 100000.
In the Dwelling Market.
Harris & Maurice Mandelbaum sold
to Albert Kreuter, the tenant. the three
story dwelling at 342 East Eighty
fourth street. 20x100, through Henry
Hauben also the similar house at 34s
East Eighty-fourth street to Amelia
Cruger, who occupied IL for several
years
James II. Cruikshank resold through
s. A. Kelsey to BARLEY Norton, 81
West 136th street a three-story dwell
ing. 16.sx100.
The three-story dwelling at 50 West
126th street has been purchased by
Catherine G. Saunders from Mary Il.
Shea. through John NJ. Kelly.
Deals Revealed I'm Transfers.
The three-story stable. 22.6xT36, at
296 Elizabeth street. has been bought
by Ralph Bellno from Herbert c. Pell.
as trustee.
The four-story fiat. 25.6x1o0. at Gal
Eleventh avenue has been sold by Be
atrice IRON to a. Leopold Auerbach.
Bertha Amlaw bought from the.
Wildwood Realty Company So TO 81
West 131st street. two nve-story flats.
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