The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-04
REAL ESTATE NEWS,
NOTES AND GOSSIP
Vehicle Tube Zone Lease Leads
Light Trading; Mortgage
I. Money Easier.

Excitement over the election returns
may have been responsible for the In
activity In the real estate market yes
terday or the phenomenon may have
been attributable to natural conditions.
Whatever the cause or causes. however.
the effect was only too obvious in the
sneagre handful of sales ~nu leases
and outside of the city In point of Gig
siificance but one transaction was worthy
OF more than passing note, and that
cuncerned a lease in the vehicular tube
entrance zone, which has been the scene
az much of the important trading in
recent days.
To counterbalance the depressing eff
feet of the stingy market reports. how
over, there were evidences from other
apurces of an unloosenlng of purse
strings In the mortgage and building
loan field. AS reported elsewhere in
this section. the Metropolitan Life In
eurance Company loaned s5.000.000 on
tho new Cunard Building; a first mort
gage of s1.100.000 was placed on the
apartment at the southeast corner Of
Fifth avenue and Sixty-sixth street and
William A. White & Sons reported a
series OF mortgage loans placed since
summer. aggregating s3.500,000.
1.-THE vehicular tube zone deal was ne
Ngotiated by the Charles +. Noyes Com
pefy, which leased for William D. and
Samuel Fitzpatrick the three story BUSH
ness building at 432 Washington street.
63xS0, south of Desbrosses street, to the
anchor Sawmills Company of Memphis,
Tenn. This is the sixth transaction
made recently by the same brokers In
the same vicinity. The lease carries
with 1t an option TO purchase the prop
erty for about $4,000. Scott, Gerard
& Bowers were the attorneys for Messrs.
Fitzpatrick and Z. G.. Beecroft was the
attorney representing the Anchor Saw
mills Company.
other Deals In Manhattan.
Realty System, Inc, sold to Henry NJ.
Fertig the five story apartment house at
GIT and 619 West Hath street, 50x100.
! William H Whiting & Co. sold for
Oscar and Charles Jeffrey the five story
building. 22x23, on the northwest cor
per of Spruce and Gold streets, and
known as 43 Spruce street and SO Gold
street
d. H. Scully & Co. sold for he Misses
s. and f. Arnott the four story dwelling
at 2002 Fifth avenue, 1Sx100, to the
Rev. Kalle Mackinen.
Deals Revealed I'm Transfers.
The six story tenement, 37.Sx100.11,
at gao anu S4o East llEtn street., mas
been sold by Marjorie G. Singer to An
tonic Pandolfino.
Joseph Perlbinder and another sold
to Nathan Mates and Abraham Ber-
kowitz the five story tenement, 25xS7.6,
at 100 Essex street.
The four story flat, 20xs0, at 1888
Second avenue, has been purchased by
Yetta Cohn from Joseph Peyser.
I. A. Wollheim sold to John Flynn
the dwelling at $40 West 140th street
Teresa Ferro sold to Antoinetta Gam
dolfo the three story frame building,
a2x75.7, at 403 East 105th stree,
rhe three s.cr. ~weiilng. I6.6x107.6,
M 56y West Forty-sixth street, has been
sold by Philip Goldberg to Charles
Janow. The property was acquired by
the seller last March at the Henry Astor
auction sale for S20.400.
The three story dwelling, 15.7xs6.1, at
220 East Fiftieth street has been sold
by Sarah J. Lynch to Della Collins.
Harry Fl. Pace Realty Company sold