The New York herald., 1921-04-13
GALEwSKI BUYS LOFT.
Demand for Business Properties
Shows Slight Recession.

Charles Galewski. the operator, has
purchased the ten story loft and office
building at TO Broadway. on the east
side, between East Fourth street and
-Astor place. from the estate OF Isaac q
Henry Meinhard The structure was
built about twenty years ago by the sell
Ars and Is one of the most substantial
buildings OF its type in that section. It
fronts twenty-five feet on Broadway and
has depth OF l35 feet. Its rental re-
turn IL about $4,000 q year and it was
held at 100000. Edward NJ. Simmonds
negotiated the sale and Joseph II. Green
berg represented Mr.. Galewsiri Cad
walader, Wickersham Taft represent
I'd the sellers
Sidney L. warsawer has sold for the
estate OF Henrietta WE'LL the four story
building. 20x100. at 455 West Forty-sec-
oud street. to the Maintenance Company
electrical contractors. The same broker
recently sold the adjoining six story
building, 60x100. at 449 to 453 West
Forty-second street, to the same buyer.
IL NJ WE'LL Company sold 2S7 and
sSS West Thirty-seventh street. two
three story buildings. s5.sxs8.s, to David
zlplkin. who will alter them into stores
and lofts.
Lyric Theatre Leased.
n. II. Frazee leased from E. z.
Hmathers the Lyric Theatre at 213 West
Forty second street through to 2i4 to
7a6 West Forty-third street. for sixty
seven years. The first twenty-five years
calls for an annual net rental of about
$4,000 year. while the rent OF two
rwenty-one year renewals Is to be fixed
by reappraisaL Mr.. Smathers purchased
the property from the DE Koven estate
IN 1919. George Gascoigne was the
broker.
Deals Revealed I'm Transfers.
David A. ClarlSson sold to Robert 70.
LAne the four story building. with store
at 732 Fulton street, 25.1x45.3.
Henry w. Avis bought from Fannie
n. w. McBoyce and others the four
story building. with store. at 27s Wash
fngton street, 20x44, near Warren street
Solomon Epstein sold to Abraham
p. Levine the four story New York Ho-
cei. az 152 to loo East 10th street.
50xfO0.
Sidney J. Timmons sold TO the Ray
ford Holding Company the five story
apartment at 155 and 157 West 14sd
street, 37.ex1o0.
Anne M. Harrison sold to George
Hampton the six story apartment with
stores, at and Sylvan place, near
13oth street, 40.5xe5.1.
Farmers Loan and Trust Company
sold to Sarah K. Fisher the three story
dwelling at t67 West 147th street, 1s9x
100. for $4,000.
The Turtle Bay Holding Company sold
TO Marian j.. Hoskins the three story
dwelling at 245 East Forty eighth street,
20x100.5
Elizabeth Walton sold 10 Robert w.
Justice the three story dwelling at 447
L<enox avenue. 16.SxTA, rear 1920 street.
Choice Building sites sold.
Butler a Baldwin, Inc, sold for Mrs.
Luther A. Kountze the vacant plot. look
zo8, on the west side Of Riverside Drive.
beoween 169th and 170th streets
The vacant lots. 25x100, at i53 West
nth srcet and 1os West 11sth street.
extending through the block. have been
purchased by Abraham Schmail from
Ennis a Sinnott through S. Jaffe. broker.
The buyer intends TO improve the prop
erty.
Deal Residents Buy Fine Mansion.
Tho spesrIn mansion at Deal. N. r.,
sometimes known as the Horgan prop
erty, has been purchased by a syndicate
OF residents known as the Boro Improve
nlsnt Association Of Deal. which will use
~ for a clubhouse. Among the members
are w. G.. Durant, l. NJ. Uppercu. Horace
AZ. Kilburn Lewis W. Monford, Joseph
H. Tooker Henry j. GreenbanlS, w. r.
Aixneit and D. NJ. Newson. The entire
furnishings Of the house we're also pur-
chased. Pease Gilman we're the
brokers.
BrockIyB Deals Reported.
Edward H. I<egsl leased for twenty
one years for the estate OF Wilhelmine
Muller the building az 2o5 and 207
Prospect Park West. corner Of Fifteenth
street The lessee will temodel and will
erect three additional stores all or which
have been leased from plans.
Martin Company leased to the Elliot,
Distributing Company offices m Al 10 45
Washington avenue.
B.r. Knowles Company soid 40 Bed