The New York herald., 1921-03-17
BUSINESS PROPERTY
ATTRACTS BUYERS
West Houston Street Building
Changes Hands for First
Time Since 1881.

IN. n. NHlls 0 CoiS bOid 1OI NAC
estate Of Uriah ]. Smith, deceased. rep
resented by Alexander Barklie, the i've
story store and loft building at rs West
Houston street. 21.sx75. This is the first
transfer OF the property to any one out
side of the family since 1881. 1t has
been purchased by an investor.
D. Kempner & Son. Inc. sold for Har-
ris and Maurice Mandelbaun. Fisher
and Irving Levine and Leonard Well
the five story building. 25x95. at 7o4
Third avenue, near the Grand Central
Terminal TO Meyer Pascal Pascars de-
partment store. the tenant The property
was originally purchased at the Astor
snlo.
The 4es West Nineteenth Street Cor
poration sold TO 2. p. Berry the four
story garage. 428 and 430 West NINE
teenth street, 50x92
]. Edgar Leaycraft & Co. sold for
the Lewis NJ Rutherford estate the five
story building, SO East Broadway. being
the first transfer OF the property In more
than ffty years.
Porter & Co sold for tho estate OF
Mary G. Pinckney. Clarence n Kelsey,
administrator, to the National Family
Laundry Service Corporation the plot,
fooxlo0. at the southwest corner OF
Fifth avenue and 14lst street The
purchaser will erect a two story oui!o-
Ing for its own occupancy.
Extend West 34th Street Lease.
Henry shapiro & CO. negotiated an
extension OF a lease for forty-two years
on 21S West Thirty-fourth street, dating
from 1910. The brokers leased the prop
erty To the 21s West Thirty-fourth
Street CORPORATION for twenty-one years,
and it has been improved with new
i've story building. The lessees now
have q sizty-three year lease at an as-
gregate rental approxinaating $1'ooo'ooo-
May Improve Broadway Corner.
The Van Buren estate is reported to
have leased it's vacant property. look
100. at the southeast corner OF Broad
way and 15oth street to vosel
Schultz who Will erect taxpayer on
the site The estate had owned the
property for a great many years
New Heights Flats Planned.
Plens have been filed for six story
apartment house, s7.10x123.S, at the
southeast corner OF Fort Washington
avenue and 171st street, for the Fort
Way Building Corporation. 9. f.
Blum. architects. estimate the cost at
100000.
New Apartments for Brooklyn.
The brick and limestone residence at
the southeast corner OF st. Marks and
New York avenues, built by Frank ;.
Jones at a figure close to 100000 and
occupied by him for a number OF years,
Ia to be demolished TO make way for q
six story apartment building to cost
about $500 900 and to occupy the entire
plot, which measures t50Xl50 feet.
The structure is to be built by the
Chateau Construction Corporation. which
purchased the property last week from
Roichnitz Brothers. real estate operators.
Baroness sells Huge sand bank.
George Howe has sold for the
/. Baroness de Graffenreid tract OF land
containing about 100000 cubic yards
of sand and gravel near the Albany
Post road at Croton on the Hudson.
The property Is 800 feet from the Hud-
son, River and the sale includes rights
under tho New York Central Railroad to
the large docks belonging to the same
owner. The purchaser. large SAND
and gravel corporation OF this city.
plans to install machinery at oncas4Sog
the. removal Of the sand by boat The
property was held at s165.o00 and had
been in the family since the grants OF
King George III.
In tho Dwelling Market.
Merit Realty Corporation, Marcus L.
Osk. president, sold 10 John 0. Matthews
the three story dwelling at i3s West
129th street, 25x1o0 The purchaser will
improve the property and use 1t In part
for his own residence. Tho broker was
David Pfeiffer.
Nfulylhiu 4 CO. resold for Julia Dill
lion the three story dwelling 40 East
19eth street, goxloo. 70 Mary A. Bros
nam
p II. scuily & Co. sold for Harry c.
Rearnan the three story dwelling at So
west 126th street. 17.11x100.
VIM. A. White g. Sons sold for Mrs.
william L. Turner the four story dwell
a ing at IS East FffU-fifth street, l6.sx
1908.
Dunlap & Lloyd, Inc. sold for Mrs
Annie Cady the four story dwelling at
a4S West twentieth street to Miss Eva
,Sesbett. who will remodel IL for own
occupancy.
Lensed with Purchase option.
Maurice Mandelbaum OF the Mandel-
baum and Levine group OF operators,
o,plained Yesterday that it's announce
raent of the sale OF the Sampson Building
at SO Wall street TO Harry L. Allen had
been 1nisconstrued by the newspapers
which published IL. Mr.. Mandelbaum
esid the sellers merely disposed of their
contract for the lease OF tho building
with an option to purchase.
This explanation was made when Mr..
|. -randelbaunl's attention had been called
10 a statement issued by the United
states Trust Company of New York
trustee OF the estate OF Adele Livingston
sampson, TO tho effect that tho option
or purchase had never been exercised by
the aiandelbaum-Lewine group. William
s sussnan was the broker in the sale
Of tho contract 70 Mr.. Allen on Tuesday
/. P0RTMAN BUYS BELvEDERE.
other MuIti-Family Properties Re-
ported sold.