davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
BANK HOME NEARLY READY.
New Structure on Madison Avenue
VIII open in March.

The Bankers Trust Company's new
building at the corner OF Madison ave-
nue. and Fifty seventh street Is nearing
completion. thus providing this company's
second uptown office. The building,
which occupies the site OF tho former
home of Cornelius Vanderbilt on the
corner and that of Edgar L. Marston at
% East Fifty-seventh street, Is fifteen
stories high and has a frontage Of 40
feet on Fifty-seventh street and 100 feet
on the avenue.
The property was purchased from the
Central Union Trust Company carly in
1919 and plans prepared by Charles i.
Birge, architect. Of 29 West Thirty
fourth street. fo- a modern banking and
office building in keeping with the dig
nifty of the Bankers Trust Companys
Wall street and Fifth avenue offices.
The structure, 1874 feet high, OF limestone
and brick capped by an Italian tile roof.
is of the latest fireproof construction.
with a fire tower extending from base
ment to roof.
Ranald H. Macdonald & Co. OF 90
West Thirty-fourth street are the con-
tractors in charge of the construction,
and the leases are being made by Albert
b. Ashforth, Inc. IL East Forty-fourth
street. The building will be opened on
March I, 1921.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19

came into use in the most natural way.
Some years later, during the early Vic
torian era. it again became popular, but
was used in a more or less irrelevant
fashion, so that, like so much of the art
and architecture of that period. it soon
fell into disuse.
To-day battened walls have been re-
stored to favor, and fill q real need in
domestic architecture particularly when
1t follows the Colonial type, as the
method tends to furnish an atmosphere
of peculiar quaintness to the houses OF
which it forms a part
The old fashioned hooded doorway.
typical of those lovely homes in and
around Portsmouth, n. H.. offers per-
haps the greatest attraction to lovers
Of the Colonial. for the architect has
reproduced with charming fidelity the
chaste beauty for which those oldtime
specimens were famous. The hooded
portion. modelled after round rather
than oval lines, is five feet in depth
which in itself provides a certain sense
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
SonrE eff Me HoUsEs on eetA STREET eeTWEeM
Use GRO G2Ha< ,5F7OOkCTN, WHICH WILL ALSO
BE SOLD ok Ae cHRISrhAS AUCTION

Th. GfouNyu properties VIII be sold
nh the same hour on the following eve
ming 90 the Brooklyn Real Estate Ex-
change $50 Montague street Thcv COM
eIst of fifteen new dwellings Of both The
detached and eemi-detachod type on
both sides Of SiHty-cighth street between
Twcuty-frst and Twenty avenues.
rhe houses occupy lots 25x1O0. or Sax
100 each. and some have garages They
are situated directly at subway
station
Next Tuesday afternoon Mr. Day WIN
sell In the Manhattan Exchange at II
Vesev street n number OF investment
properties. vacant lots, dwellingu and
country estates in Manhattan. Brooklyn
and Long leland
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
NzSzSSzSz:SzSSzE2 SSAR
NOS. ST. 5i7 6ro ,52l 07d 525I
EAST gao III ST EJhe BRONX

The Society for tho Prevention Of
Useless Christmas giving could certainly
find 80 fault with the character OF the
presents which Joseph T.. Day win offer
fer sale az his special holiday auction
sales next Tuesday and Wednesday
evenings Almost any one would feel a
thrill OF glad surprise this Christmas
IL he found that Santa Claus had
dropped the deed to n nice Bronx Or
Brooklyn dwelling In his stocking
Housewives and brides to be would be
especially grateful for such gift, Mr.
Day declares. so II YOU are cudgelling
your brain for something worth while
20 give your better half or the girl who
Will soon MI that dominating portion of
your llfe let the resourccful auctioneer
solve your troubles Only do your
Christmas shopping early for Mr.. Day
contcmplates that the best dwellings
offered will be suatched up carly in the
evening
These sales" said Mr. Day, have
been arranged especially with a Wow
to meeting the requirements Of those
who do not wish 20 waste their money
on useless Christmas presents. but who.
possessing the gift OF foresight, may
wish to give their families n substantial
and lasting present.
81 selected these houses from a large
number of properties submitted 10 me
because they have never bean
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
OLD PROPERTY ON BLOCK.
Corner Near New Curb Exchange
VIII BE offered for First Time.

Samuel Marx will sell by order Of the
Supreme Court at public auction on
Tuesday. December 81, at IL o'clock
noon. in the Real Estate Exchange. II
and 16 Vesey street. the building at the
corner of Greenwich and Rector streets.
on a plot 20x11. 3x90.6xirregular.
The property is situated within block
of where the new Curb Market Associa-
ton Building will be erected. and has an
interesting history, having been handed
down by descent or bequest through the
Lawrence and McCrea families during
the last one hundred years. AS a re-
suit of litigation during the last year
the property is now on the market for
the first time.
The property In this neighborhood
has actual and potential qualities OF
great value" says the auctioneer. The
trend of improvements in downtown Of
flee accommodations seems to be headed
in its direction and the erection of the
Curb Market Association skyscraper
building is considered by those who know
to be the forerunner Of many similar
projects"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
HOODED DOORWAY CLOSELY
EOCLONxlNG NEW ENGLAND
COLONIAL LINES.

of strength and dignity to the facade.
and the lantern, hanging within the
archway, is fully three feet high, an
other fact that lends emphasis and i'm
portance to the main entrance.
Carrying out the oldtime Customs the
brick walk that leads up to the front
door is laid herringbone fashion, and
the low steps and porch floor are made
to correspond.
Undoubtedly the most essential re-
quirement of the small house Is the ar
rangement of the rooms so that the Wis
itor won't have to be ushered directly
into the living room, a necessity that
often creates an awkward situation. But
with contracted floor space 1t. Is not al
ways possible to obviate this difficulty
In the Quinn house, however. the archi-
tect has so arranged the plans as to pro-
vide q long hall which Is reached
through the small vestibule and runs
directly through to the kitchen. This
makes IT possible for the servant OF
housewife. if she is doing her own work
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
QUAINT DWELLING AND GARAGE IN ONE COST MODEST PE
BY HARRIET sIssoN GILLESPIE,

To build a house with a comfortable
amount OF living space for a family of
five on a ground area measuring 36x5O
feet. with a garage under the same
roof. is no mean task in itself But to
meet all these requirements and at the
same time turn out splendid bit of
architecture for moderate sum sounds
so much like one of Aladdins exploits
as to arouse the scepticism of the un-
fortunate who has been porting over con-
tractors estimates in the hope of strik-
ing total that will not spell lifelong
bankruptcy. Yet Dwight James Baum
appears to have rubbed the lamp eff
fectiveiy in designing the home OF John
%. Quinn ut Fieldston. Riverdale-
Hudson. overlooking the wide stretches
OF Van Cortlandt Park.
Excluding the price OF the lot the
house cost S10.500 Building costs have
been mounting so rapidly, however. that
Mr.. Baum would not undertake to re-
produce the same structure to-day for
less than $4,000. But even In the good
old prewar period that price would not
have been considered exorbitant for
such a house.
Some Exceptional Features.
Mr.. Baum has produced for Mr.. Quinn
. quaint and artistic dwelling and has
introduced therein number of inter-
esting features not usually found in
moderate priced homes of this type. For
example, he has given the roof different
elevations and has carried out COM
prehensive floor plan calling for the
least expenditure of labor on the part
Of the housewife and at the same time
making possible all the comforts OF a
real home.
On plot 75X100 feet facing on Col
iege avenue, the house enjoys an ideal
location not only on account OF the fine
view over the Park but because II has
both southery and a westerly aspect.
thus giving the living rooms the benefit
OF the prevailing winds in summer and
the warmth of the sun in winter. at
the same time providing that steady
north light SO necessary In the service
portion beside giving a long period of
daylight to the workers in the culinary
department.
While the design follows the early
Colonial 1t is developed along the lines
of the modern American country house,
which is fast becoming distinctly ma
tive type. The three different roof
levels strike picturesque note. and the
battened first story affords novel
aspect which though old Is yet quite
new in its present adaptation.
Mr.. Baum Is one of the few modern
architects to make use OF this last
named idea and it's beauty Is manifest
in the Quinn house. 1t Is perhaps one
Of the earliest methods used by Colonial
builders, and was brought over from
England by the early Colonists, who
introduced 1t into the designing of their
homes. At that time the material was
the product of the first sawmills, and It
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
tBUILD-TO-ORDER' PLAN
PROPOSED BY NEW FIRM

A new concern known as the Owners
Construction Corporation. with offices at
25 West Forty-third street. has been or
ganized having among its stockholders
a number OF prominent men identified
with the various branches of the build
ing industry. 1t proposes to build homes
in any OF the suburbs Of New York, on
the build to order" plan. and will assist
in financing the same.
The officers of the company are Bert
s. Herkimer. president and general man
ager: John A. Baldwin. first vice-presi-
dent; Edwin A. Kingsley, second vice.
president; George NJ Wood. treasurer.
and Myer Efros. assistant treasurer and
secretary. The board of directors Is as
Follows:
John A. Baldwin OF New York and
Ridgeteld Park. n. J.. real estate dealer
and builder; John VI Contant OF Hack
ensack y. j.. treasurer OF the Bergen
Building and Loan Association Morris
" v hrwau OF Sew Yoli, city ana Sos
ton, public accountant Frank NJ car
pointer of New Rochelle president of the
New Rochelle Coal and Lumber Com
pany: William c. Dawson of Mount
Vernon. president OF the westchester
county Master PLUMBERS Association
Bert $. Herkmer OF New York city and
Mount Vernon. attorney and builder
John F. Lambden of New Rochelle. d.
rector in the National City Bank John
u. Dewitt Of Wood. Dolson & CO., and
George M. Wood of New Rochelle. real
estate broker and director In the Peo-
pies Bank for Savings
The company has been capitalized Mt
$4,000 Bert S Hcrltimor. president
and general manager. has been engaged
for number Of years IN the building of
homes ia Wcstchcstcr county and New
Jersey.
The company will build en- all of the
suburbs of New York. including New
Jersey. Long island. Westminster county
and as far up as Stamford. Conn. and
is prepared TO build i'm other cities II
desired Its aim is to build moderate
priced houses, but It Is equipped to build
as large or as expensive structures as It's
purchasers may demand. The company
has among its stockholders representa-
tives Of some OF the leading lending In |
stitutions
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
REPORTS MANY LEASES.
Gotham Bank RAPIDLY. Filling It's
New building.

Winfrod Watson manager OF the real
estate department Of the Gotham Ma
tional Bank. announces that during the
past week there has been n marked in
crease in the number OF applicants for
office space in the banks new twenty
four story building. resulting in the con-
summation of leases involving n rental
payment OF approximately s250.000
Some OF the tenants TO whom these
leases have been granted are New York
Motorists Mutual Casualty Company.
washington Detective Bureau, Samuel
Berson. Wilcox Audit Company. Key
stone Lubricat ting Company, Or. Eugene
A. Calvin, Monogram Realty Company.
Robert W Dewey. North American Ser
vice Corporation, Auto Financing Credit
Mems Association
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
TALL BANK FOR JERSEY CITY.
Cornerstone Laid for First Ma
tfonaI Across the Hudson.

The First National Bank OF Jersey
City, for which the cornerstone was laid
last Friday by Gov. Edwards. is said to
be the largest bank building in the met
ropolitan area outside Of New York city.
1t will be a ten story building, facing
Exchange place, Hudson and York
streets. with a monumental granite
lower story and a brick superstructure,
with light and air on all four sides.
The directors believe they are justified
I'm making this development on account
OF the abnormal conditions that are now
existing. The Exchange place station
Of the Hudson tubes Is opposite the
building and puts the bank nearer the
heart of Wall Street than many OF the
banks IN New York city itself. When
the vehlcular tunnel and the Memorial
Bridge are constructed greater pros
perity will develop in this community.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
By VICTOR NJ. EARLE.

Member Board of Governors, Real Estate
Investors of NetU York, Inc.
Real estate is the last of all invest
ments to respond to rising or falling
market In the rising market that
started just prior to this country's entry
into the war real estate did not advance
until almost a year and half after
other commodities started upon the up
ward trend. Labor. food, clothing. &C.,
started to jump in price almost three
years ago and continued to do so up to
the immediate present The public be-
came weary by these Increases. al
though 1t submitted to them with
astonishing Indifference. But when rents
were increased, due primarily to the In
creased cost of labor, material, taxes,
coal, &C., the public awoke with an
alarming suddenness and condemned
landlords where they had spared others
If rents had been raised along with all
other commodities the land owner would
not have been the target of public dis
approval.
The tenants became so indignant at
the raising of rents and their cause was
such popular one that an unwarranted
panic over the shortage of apartments
was created. and the recent rent laws
were passed. based upon an emergency.
The tenants had wonderful mouth
piece in certain newspapers and certain
self-appointed groups. who were cater
ing TO the 'preponderant public senti-
ment," as Judge Giegerich expressed 1t.
Why should the sentiment not be pre-
ponderant--thirty to one Is preponder-
ant, and that is about the proportion Of
tenants to landlords. It takes courage
to give justice to one against the thirty
and 1t is regrettable that few before
whom the landlords case comes have
this courage.
There is absolutely no doubt that a
shnrfare of chean anartments existed
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19

Occupied 4 Christmas present. Shout
be something entirely new. sometl tug
that has never been owned BY anybody
else"
50 much for the nuctioueers
philosophy OF Christmas giving Now
as 10 the houses. The Bronx offerings
comprise nineteen new dwellings ~
stucco, hollow tile and shngle construc-
ton at 1870 to 1880 Katonah avenue
311 to 3l7 and 321 and 323 East 2lOth
street and 80 and 312 East 2i1st street
They will be offered for sale on Tues
day evening In the United States Theatre
Building at the northwest corner Of
Webster avenue and 195th street I'm
mediate possession may be had with all
the houseA
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
WILL AUCTION z DWELLINGS
a. G. Sheridan Arrnnges Christina
Sale I'm Brooklyn.

Seven newly completed dwellings on
East Second street near Avenue O.
Brooklyn. are to be sold at n special
night Christmas gift auction sale"
which Arthur c Sheridan will hold IN
the Brooklyn Real Estate Exchange
next Tuesday at +. NJ. Each dwell
ing has six rooms and hath. with the
latest improvements. and the size of
each lot is 26Nl13 The pre- perty is con-
venient to the Avenue n station on
the Culver line and Twenty-second
avenue station on the Sea Beach line.
Reasonable terms have been arranged,
as only $500 cash deposit Ia required
at the sale and other small payments
In thirty and sixty days and the bal
ance on mortgage. Mr.. Sheridan will
also sell on New Years eve sixty resi-
Dental plots owned by the Larrabee
estate In Lakewood, n. j.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
REAgH6 Ihe 2YG gI5,r T6 Sgs SIENED

woodwork throughout the house is
white enamel with mahogany finished
doors and stair rail. AS there are
small boys in the owners family.
specially finished room in the base
ment with a shower was arranged with
an outside entrance so that the scrub
bing process may be gone through with
the least possible trouble to all con-
Cerned.
There is probably no one question
in house planning productive of greater
discussion and diversity of opinion than
the location of the garage At best it
is an embarrassing structure and in
nine cases out of ten 1t is blot on the
landscape There is never any good
place for II on a small lot, and with
extensive grounds the aim Is always 20
get II out of sight. Then, too, wholly
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19

apart from the artistic side of the
problem there is always the danger of
fire If 1t is connected with or made q
part of the house proper
In the present instance the solution
was brought about in a very practical.
and it must be said. in a very pleasing
way. The garage is built under the
same roof as the house and is made a
part of the design. but II is a separate
fireproof unit. It's walls are of brick
covered on the exterior with siding and
with the ceiling made of reinforced
concrete slabs. This Arrangement not
only affords fire protection to the fam
lily, but 1t also lowers the insurance
rates, a by no means Indifferent point
of consideration. The garage has room
for two cars with the usual equipment
for such buildings.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
Blow Aimed at Greedy
Landlord Hit Builder

throughout the country. There Is abso-
lutely no doubt that some restrictions
should have been placed upon the many
greedy landlords. The rent laws of Sep
TENDER accomplished two purposes
first, they prevented wholesale evlc-
tons on October l. and secondly, they
have taught the greedy, aggressive land
lord a serious lesson. They have, how
ever. defeated their own purpose in that
they have not created single new
dwelling. In fact, they have absolutely
cut out building construction. They
have also created congestion in the
courts that is unprecedented. The courts
are overwhelmed with litigation and are
without the proper equipment to handle
the many cases that come before them.
There Is no doubt that the greed and
aggression Of the speculative landlord
are responsible for the enactment of the
rent laws. Just as in any other busi-
ness, condemnation can be brought on
the whole group due to the acts OF
few. The real estate investors condemn
this class Of landlord. one and all. We
have no more use for them than we
have for the tenant who. In his own
way, is acting just as badly. There are
bad landlords and there are good and
bad tenants There are a great many
tenants who have been taken advan-
tage Of to the fullest extent but there
are more tenants who pretend to be ag
grieved because the seeming opportunity
TO save few dollars is greater than
their conscience.
What we need are laws OF constitute
tive nature that win protect the ag-
grieved tenant and also protect the
landlord from the aggression of the
proflteering tenants. We need laws also
that would encourage the builder the
loaning Institutions and the investors to
he tul'c extent Such enc urteemcnt
in the form Of constructive legislation is
the only permanent solution of the pres
ont housing situation
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19

floor and S heated from the main hot
water heating plant which supplies the
house. This serves to make the apart
ment quite as comfortable as the living
room, Of which it forms practically a
part The woodwork throughout the
house is white enamel with mahogany
fnished doors and stair rail. The light
ing fixtures are Colonial.
The entire second floor Is given over
to sleeping rooms, of which there are
five, each with spacious closets and
with linen drawers in the hall. The
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19

to answer the doorbell without passing
through either the living or the dining
room. A coat closet adjoins the front
entrance and the stairs rise upward with
one turn from point midway the length
of the hall.
On the left is the large living room.
with a roomy fireplace. and back of 1t
the dining room. Opening from the for
mer is a huge sun parlor, enclosed in
glass in winter, but so arranged as to
be opened freely to the sun and air In
summer. 1t has a brown quarry tile
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
pnytoninn uuys Yoniser- House.

Fish e Marvin havo sold 20" Toscuh
Eddlcman his property on the corner Of
Edgeclln terrace and Park Hil place.
Yonkers. consisting of n stone and stucco
dwelling and two fireproof garages on
q plot 75x100 The residence Is of
Tudor architecture and is one of the
finest in the section The new owner.
J. O. A. Johnson. Jr.. OF Dayton. Ohio.
win take possession In the near future.
The property was held at $4,000.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
Church Buys Vacant Plot.

The Church Of St Mark the Evangelist
has acquired from Charles Il. Sands.
trustee, the plot. 100x100, on the north
side of 13sth street. 25.3xl03.3, 4S feet
west OF Second avenue.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
In the Dwelling Market.

Goodwin a Goodwin sold for the
stephen j. Nartlirn- estate through the
Farmers Loan and 1S1st Company 70
a. St,rnherg the three Stew dwelling
1GSx1O0.11. az 233 West t20th s,'-cet.
Houghton COMPANY sold for thS
Marketable Title Company the four
story dwelling at 81 West Seventy-first
street iSx1022
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
nrewerx was Not Lensed.

Readleston & Woerz announced yes
terday that the property recently leased
for them 10 the Reynolds Whitney Ware
house Company consisted OF buildings
recently occupied by tho National Biscuit
Company and the United States Army
and was not the brewery plant or any
part OF &c. as was stated In the news
papers last week The COMPANY further
states that the REYNOLDS Whitney Ware
house Company has no option on any
pant 90 It's brewery property nor ls any
part Of The brewery for lease
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
beats Revealed In Transfers.

Kahcc Realty Company 7old 20 tho
stounmor Pcaltv Company thc five story
building no 2cq Pearl street. 17.3vG1,7.
Leonard Woil sold 60 the Brooklyn
Crc1wcrv Products tho Vacant strip.
10vioo. at 233is East t0oth street
Joseph Grrshenhorn sold SO Avenue
n. "a seven story loft building. 20 SX75,
10 the 50 Avenue y Corporation
Carlhoff Realty Company sold 10
Abraham ADDISON the five story building
az so Columbia street. BONES.
Meyer Vessel sold TO Fame Kosoff the
five story tenement az rs Ridge street,
244x66.10
Josephine A. BsrrsT sold for $4,000
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-19
80 sidc Gnrnwc pcnI.

george s Bunt eoh FOR Joseph Nc
Namara Jos East Eighty-third street.
n two story garage, 25Xtoo, located 100
feet east of Park avenue.