The New York herald., 1921-08-20
BUSH TERMINAL co.
IN$1,1OO,OOO LEASE
Completes Large Times So,
Plot by Getting Control of
West AID st. Parcel.

The Bush Terminal Company has
leased the four story 25 foot building
at 1856 West Forty-second street fror'
the Jesseldo Realty Company. Inc,
which recently acquired the property
from Robert NJ. Fuller of Schenectady.
The lease is for twenty-one years and
the reported rental for the entire term
is s1.10oO00. Jesse J. Eldot, president
of the Jesseldo Realty Company. and
j. Sidney Bernstein, attorney. represented
the lessons The Bush Terminal Com
pany also obtains an option of purchase
at the termination of the lease. The
brokers were Cross & Brown.
The acquisition of this property gives
the lessees one of the largest plots in
the Times Square section of Forty-sec-
ond street. 1t owns the property on
either side of 1856 and in the rear. 1t
was reported yesterday that the Bush
Terminal Company may improve the
site of 1876 and 1873 with a twenty story
business building.
Cross & Brown Company leased west
store in 2i7 West Thirty-sixth street to
Harry Stein. wholesale druggist.
New Bank Lense on Seventh Ave.
Capitol National Bank. which has ap-
piled to the Comptroller of the Currency
for permission to do businesss in New
York city, will establish its quarters In
the store of the Garment Centre Capitol
Building at the southwest corner of
Seventh avenue and Thirty-seventh
street. The proposed bank will have
a capital OF 100000 and a surplus of
s500,000.
Lessees to Improve sth Av. Corner
j. Romaine Brown Company and
Charles G. Keller leased for the Webster
estate the six buildings at 3O5 to 307
West Twenty-fifth street and 301 to 3O7
Eighth avenue comprising the north
west corner Of Eighth avenue and Twen-
twenty-one years. The premises will be
improved by the lessee for business and
manufacturing purposes.
Banker Increases Holdings.
James v. Lago, banker, at 154 and
| 1856 West Fourteenth street. has taken
| over from the Red Cross the lease on
| enth avenue, containing 10000 square
feet. The Red Cross has been paying
! $4,000 year for the space. Rowan
| tree-Schley Company and Cross &
Brown were the brokers.
Plan Third Church Scientist.
Plans were filed yesterday for a two
story church. 100x100, to be erected at
| the northeast corner of Park avenue
| and Sixty-thrd street for the Third
Church of Christ Scientist. Delano &
| Aldrich, architects, estimate the cost
at $780, 900.
Other Business Leases.
| The four story seventeen foot build
| ing at the northeast corner of Park ave-
| nue. and Fffty-seventh street has been
leased for the Fashion Academy to Mrs
Charles r. Morson, antique dealer
through Payson Mel. Merrill Company.
Cushman & Wakefield, Inc, leased a
suite of offices in So Vanderbilt avenue
to DR.. Stanislaus Hamszyk for the cam
paign of the Committee OF Child Relief
/ in Poland also offices In 342 Madison
avenue to II. l. Prankard and Jacob
1 II. Pefchert.
/ Charles F. Noyes Company leased for
/ Lamie Chemical Company to II. G.
/ Dusenberry, Inc, the building at SIS
1 Cliff street for a term OF years, also a
/ floor in los Front street to Metro Coffee
| Company; offices in Sc Pine street to
| Frederick Freeman, and in Al Maiden
lane to Ross & Thomson.
Cross & Brown Company leased for
| Schoenfueld & Co. one-half floor In ~
to "a West Thirty-seventh street to M
Roth. milliner.
/ NJ Rosenthal Company leased to Will
| lam Caplan the third floor In 10 West
| Twentieth street.