The New York herald., 1921-08-11
sS,OOO,OOO HOTEL
FOR THEATRE FOLK
10 Replace Mock's Restaurant,
Old Landmark, Bought by
John IL. Scheier.

A tall modern building adapted for
hotel and theatre use with offices for the
theatrical profession 10 planned for the
southeast corner OF Eighth avenue and
Forty-sixth street by John II. Scheier.
architect and real estate investor, who
purchased the site yesterday from the
Kadel estate and the Amandakey Com
pany. Inc. The corner has been occupied
for many years by Mocks Restaurant,
one of the oldest landmarks OF the Times
square section. The corner plot includes
TAO and TAP Eighth avenue and 256 to
2s0 West Forty-sixth street. 50x1oo. to-
gether with four houses on Forty-sixth
street adjoining on a plot 66.sx10o. Mr.
Scheier announced yesterday that he ex-
poets to start work promptly on the pro-
with the land. win cost from $2.o0o,oo0
to $3.Ooo,0oo.
In the immediate vicinity are the
Ggfbe Central, Fulton. Gaiety, Astor,
Bi;ou, Morosco. Booth, Plymouth. Palace.
kew's and New York Theatres, the
White Rats Club Bosch Magnetic Com
& Co. In no other section of New York
is there closer assemblage Of theatre and
Office buildings dedicated to theatrical
interests. The property, which formerly
was part of the old Eden farm, was in
cluded In the trust estate OF the late
Henry Astor. which was disposed of at
public auction at the Hotel Astor on
Tuesday March 8. 1920, by Joseph P.
Day. auctioneer. M. Scheier is reported
to have paid substantial profit TO the
present owners of the property.
To Consider Leasing Club Home.
The National Democratic Club will
hold special meeting next Monday
evening to consider the matter Of leas-
ing the clubs home at SIS Fifth avenue.
Several offers have been made to the
club. The most recent, II is said. was
made by a we'll known New York real
estate man. who Is willing 10 pay the
club 100000 year for ten years. with
an option to buy the property at any
time during that term for $l,250.000.
Among the Dwelling Buyers.
Dwight, Archibald & Perry, Inc, sold
for Matthew Van Siclen the four story
dwelling. 24x9S.s, at 452 West Twenty
third street. The property has belonged
to the Van Siclen family for about nifty
years.
J. Geisler OF Goodwin & Goodwin sold
for Rachel Michaels to Charles y. Story
the four story dwelling at 146 West
121st street. tSx1o0 1t was held at
$4,000.
Morris Fiorea sold for a client the
four story house, 22xso, at 23i1 Third
avenue. northeast corner OF 127th street.
Duross Company sold so Morton
street. a four story dwelling, 1S.2x100.
between Seventh avenue extension and
Hudson street. to Ida Rauce Of Brook
lyn. who will make extensive altera-
tions for her own occupancy.
MuItifamiIy House Deals.
Horace s. Ely & co. sold for the
estate OF Edward Roberts 1775 to 1881
Third avenue and 2O2 East Ninety
ninth street. southeast corner. having a
frontage OF 100 feet on Third avenue
and 110 feet on Ninety-ninth street. upon
which there. are five four story build
tngs arranged for stores and flats. This
is the first sale of this property in sixty
years The buyer Is client of Samuel
Cowen. who will make extensive lin
provements.
single fat 25x1o0, at 215 West 104th
street, to Nelson Burgess. Walter H.
Cooper. broker.
Samuel Shapiro sold S3o East 121st
etieet. 5ox1o0. six story tenement and
stores, through s. Fine, broker.
Flynn & Connaughton sold the five
story tenement at 162 East 1o9th street
Douglas L. Gilman & Co. sold an
apartment In the new cooperative build
ing at 200 Park avenue to George H.
Storm; also a large apartment consist
ing OF ten rooms and three baths in $40
Park avenue, southwest corner Seventy
seventh street, to William Pitt Trimble.
Delaney street building Sold.
Louis Freidel sold for the Grand-De-
lancey Company to Morris and Michael
Freedman 109 10 113 Delaney street
and S5 TO 80 Essex street. three five
and six story store and office buildings.
77xsS. Weschler G Kohn represented
the Grand-Delancey Company and Louis
Rosenberg represented the buyers
Deals Revealed In Transfers.
Cunningham Brothers bought from
Mary e. Gallagher 444 West Fourteenth
street three story store building. 25x
1891.
Thomas S. Keatinse sold TO winifred
Jaffe ISL West Seventy-sixth street, a
four story dwelling. 1sx1o2.2.
Reyvan Realty Company sold to the
Etheli Holding Corporation s3s West
l3oth street. three story dwelling, 15x
99.1f.
AETNA co. PURCHASES
FORD BLDG. AT AUCTION