The New York herald., 1921-02-03
INVESTOR BACK IN
APARTMENT FIELD
Importer Buys Two Houses on
Central Park West Next
to Science Church.


houses at the southwest corner of Cen
trail Park West and Ninety-seventh
street, valued at $750.000 by the owners,
the $40 Fifth Avenue Corporation. in
which the Fred II. French Company
holds a controlling interest.
The Spain purchase is an interesting
sequel to the deal reported on Wednes-
day. In which former United States SEN
ator James A. O'Gorman bought the
apartment house at the northwest cor
ner Of Amsterdam avenue and Cathe-
dral Parkway. Like ex-senator O'Gor-
man. Mr.. Spain is an owner OF real
estate but has not figured as pur-
chaser for some time past.
The houses bought by Mr.. Spain are
known as to 20 West Ninety-seventh
street They front 400 feet on the
street and 10011 on General Park West
and return an annual rental Of about
100000. They contain accommodations
for ninety-seven families. The houses
adjoin the First Church, Of Christ Sci
enlist, which occupies the corner of
Central Park West and Ninety-sxth
street. The apartment site. in fact, was
at one time owned by the church. which
planned to improve II for church pur-
poses but subsequently sold it to opef-
ators. Joseph w. Keller acted as at
torney for Mr. Spain, who took title in
the name of the Spainwill Realty Com
the sellers in the all cash transaction.
Business Properties Sold.
A. Blumenthal sold for the G. l.. In
vesting Company to an investor 65 and
81 West Houston street, southwest cor
ner Of Wooster street. a twelve story
business building, 50x95. The structure
rents FOR about $4,000 annually and
was held at 100000. The sellers ac-
quired the property thirteen years ago.
William II. Whiting & Co. sold for
Henry b. Pope the Aye story business
building at 6S Beekman street. on the
the north side, 81 feet east of Gold street.
The purchaser is John l.. Schinnagel,
plumbing contractor. who will occupy
a portion OF the premises.
*. of G. Buys Bldg. on w. 51st st.
Liberty Council of the Knights of
columbus acquired the building at Ala
West Fifty-frst street at cost Of s26,-
900. The house was opened last night
as the councils club
Multi-FamiIy Property Deals.
The Hotel Cecil, Ave story struc-
ture at the southeast corner OF st.
Nicholas avenue and 11sth street. has
been transferred by the Second Park
way Realty Company to the Laramie
neatly IL Stdnus OH II
plot 11S.5x123.11x irregular, .and is
Harlem landmark.
The six story store and tenement,
25x114. at 324 East 122d street has
been sold by George w. Brettell and
James Henry for the f07-409 West
Thirty-sixth Street Corporation. Warren
McConihe president. to Max Fishberg
and Harry Jackson.
Samuel Cowen sold 2049 Second
Nan Az cfn tAt
with stores. to Mr.. kantor.
Frederick G. Reynolds sold to Helen
Karrenberg the four story tenement at
$40 Ninth avenue. 19.sx70.
NJ. NJ. Hayward & Co. sold for Rose
A.. Hayward the four story apartment
house at 260 West Ninety-ninth street.
In the Dwelling Market.
The four story dwelling at 234 West
Forty-sixth street. bought recently by
Douglas Simpson. is to be taken over by
the newly formed 22i West Forty sixth
| Street Corporation. having for directors
ID. Tarlow, +. a. Smith and S. Morris.
The four story dwelling, 20xf00, at so
West Forty-eighth street has been sold
by An estate. 1t is understood to have
been bought by an operator.
Heights Congregation Buys Site.
/ iht NoiiSitEdN VI tift IltpItN
| nacle has purchased. presumably as a
site for a new edifce. the plot, 75x100,
or the north side of 161st street. 100
feet west of Broadway f
The property was acquired from Mari
anna c. MacDougall represented by
Forster & Thompson. as attorneys,
through l.. j. Phillips & Co. 1t adjoins
the Broadway corner recently bought
by Samuel II. Golding. who. with his
associates, plans the erection of a tax
payer. The congregation was repre-
sented by Martin c. Ansorge. attorney.
Church Out of Building Project.
The Canadian Pacifics twenty-one
year lease OF two floors and basement
In the new twcnty-onc story building at
| the southwest corner of Madison avenue
and Forty-fourth street. which was re-
ported in the financial section Of TIE
. NEW York HERALD yesterday. was ne
| gotiated by Cushman 4 Wakefield. man
aging agents OF the building. The
building now known as the Madison
| Avenue Building Will hereafter be known
as the Canadian Pacific Building.
The original promoters of the Madison
| Avenue Building were the directors of
. the Fifth Church of Christ, Scientist,
but the financing was later taken over
. by syndicate i'm which the William j.
| Taylor Company. the builder, Is i'm
| terested The Fifth Church OF Scientists
now merely leases a portion of the
| southern end OF the building on Forty
third street for its church home. The
negotiations by the Canadian Pacific
have been carried on for nearly year.
Deals Revealed In Transfers.
The three and one story factory build
ings at IS to &c Mangin street, through
to 81 20 81 Tompkins street, l00x20o,
| have been sold by George r. Etzel to
thel Mang- -Iioust Realty Corporation.
Minnie Weller sold to Carlnc Ercolino
. the three story building with stores at
| 357 Bleccker street. 16.11x70.
Semado Realty Corporation cold to
George fsertran the four story fiat and
store at 914 Sixth avenue. 22x1s.e. near
fifty-second street
Wenzel Luttcr sold TO John Hajek the
| four story tenement at 1861 Avenue A,
2tx100
Alfred J. Amend executor. sold for
$4,000 10 Jeanette Rothstein the four
story tenement $40 East Eiglnty-first
street. 246x1022
Gabriel Rosenberg sold TO William
Barwes tho four story tenement 447
| West Thirty-eighth street. 25x9s.9.
Millie Rosenberg sold TO Harry Woolf-
son the six story tenement $40 East
Thirty-second street. 36xaS.9.
Christine NJ Brandt sold TO Giovanni
|Gugliclmotti SiS East 1Oith street,