The New York herald., 1921-03-02
REAL ESTATE NEWS,
NOTES AND GOSSIP
Schultz Go. Acquires Yorkville
Corner; Heights Apartment
Figures in Trade.

The four and Ave story buildings. on
plot l02x1O0. at the southwest corner OF
Third avenue and Eighty-sixth street.
have been purchased By the Schultz
Realty Company. David A. Schultz presi-
dent. The property, valued at sSzo'ooo'
had been owned by the Spies estate
number of years. The Schultz interests
will remodel the buildings and occupy
the corner store On Eighty-sixth street
the property adjoins the entrance to the
Eighty-sixth Street Theatre. Henry Sha-
piro & Co. were the brokers.
KfngsdaIc Goes TO New Owners.
Jules Nehring, Inc. and Harry Levy
sold for Theodore Fredberg TO the Har-
ley Realty Corporation the Kingdale ele-
vator apartment house at SIT to. 81
West 1STth street, a six story building,
S7.6x1o0. having accommodations for
thirty-six families. The buyer gives In
part payment so Norwood avenue, Long
Branch, a sixteen room Colonial man
sion. including 9. plot of more than i've
acres. The transaction involves about
100000.
Hatfield House in S5O0,0OO Lease.
SPOTS &c Starr. Inc, leased for J. T..
Watson, Inc, to client of EDWARDS &
Rickart the seven story Hatfield House.
at 101 and 103 East Twenty-ninth
street, 45x100, arranged in one. two and
three room suites. for long term at
an aggregate rental of $500,o The
lessons. who were represented by Her
man Fals. attorney. recently acquired
the property through the same brokers.
Girls society Sells Dormitory.
VIM. A. White & Sons sold for the
Girls Friendly Society OF the Diocese
OF New York, Mrs. j. w. Pfau presi-
dent, the five story building. 25xl00.5,
at los East Fifty-fourth street, between
Lexington and Third avenues. to Arthur
5. Lyon. The property has been oc-
cupied for the last ten years as dormi-
tory and home for girls. but the So
cietys growth has made the building in
adequate for its needs.
Riding Academy Is Not for Sale.
William Durland, proprietor OF Dur
lands Riding Academy, stated yester-
day that his property is not to be con-
verted into studio apartments. as was
recently published. Mr.. Durland said the
property had not been sold nor does he
contemplate disposing of it.
Montclair to Have New Theatre.
A three story theatre and office build
ing. estimated to cost $500, 900. is to be
erected at the corner of Bloomfield ave-
nue. and Seymour street. Montclair. n. j..
by III. III. Wellenbrinlk, the lessee OF the
Montclair Theatre. The plot for the new
playhouse, which is 15ox150 feet. has
just been acquired from Alice II. Wal
lace. The theatre will accommodate
$500 persons. Reilly & Hall OF New
York city are the architects.
Apartment House Sales.
The seven story elevator apartment
house, 60xi0o known as the Ferncllff,
Mt the northwest corner OF Seventh ave-
nue. and 120th street. held at s1I5.000.
has been purcha sed by Meyer Isear.
operator from Ida Cover. Manning &
King and Hyynan Bloom negotiated the
sale.
Charles Strauss sold the six story
apartment house. 50xi00.11. at 235 and
o37 East 111th street. near Second ave-
nue.. to Charles Wicentowsk. u. Gcis-
Ter Schroeder were the brokers.
Pease & Gilman have sold coopera-
tive apartments In 103 East Seventy
aftf street TO Francis c. Griscom and
c. A. Sherman
John F. Reed sold Cor David Prirn-
iner the Ave story tenement. 25xi00. at
a27 West Fifty second street. TO Hyman
Levin. @a
Oscar Kramer sold to Charles and
Dora Kraft the four story fiat, 20x
i0o.11, at 81 East 11ith street. w. s.
& A. s. Katzenstein. as attorneys, rep
resented the purchasers.