The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-02
MONTEFIORE PLOT
IN RUMORED DEAL
M. J. Kramer Said to Have
Bought Another Block Front
on Hamilton Place.

! 1t was reported yesterday that Max
j. Kramer. the builder, has made an
other extensive purchase of the ole
Montefiore Home property, on the east
side Of Hamilton place. between l3Stb
and 139th streets. from Col. Michael
Friedsam, president OF b. Altman s Co.
Several months ago Mr.. Kramer bought
the Montefiore tract on the east side OF
Broadway. extending through to Hamil-
ton place. and plans have been filed for
the Improvement of the property with
theatre, a taxpayer and apartment
houses.
At the offices of George r. Read &
Co., who are the brokers for Col Fried
sam and who sold the first parcels TO
Mr.. Kramer, 1t was said that no sale OF
the property on the east side OF Hamil-
ton place had been made to Mr.. Kramer
or to any other buyer. With the rumor
Of the deal yesterday also went the re-
port that Herbert ]. Knapp, architect, Is
preparing plans for Mr.. Kramer for the
improvement of the newly purchased
parcels with new buildings to cost, with
the land investment, $4,000.
Enlarge Park Avenue Holdings.
We'll & Mayer, who have recently been
acquiring property at the southeast cor
ner of Park avenue and Eighty-eighth
street, have added to their holdings there
by the acquisition Of the five story flat
at LOG East Eighty-eigilth street from
Benjamin Levy. The property measures
25.7x100.S, and is situated 1912 feet east
of the corner on the south side. The
purchase was made by Dora Kessler,
who is said to have acted for the Well
& Mayer interests.
With the latest purchase the buying
interests are now In control Of a COM
bined site fronting 1876 feet on Park
avenue and 1929 feet on Eighty-eighth
street. Last month the purchasers
bought the two flats at 1913 and 1915
Park avenue from Mary ]. Ryan and the
adjoining house at 1911. The flat at
104 East Eighty-eighth street was ac-
quired from Robert b. Knowles.
other Deals in Manhattan.
Pope & Bro. resold for c. Aloisi the
property dt 81 west EiSnln street, ZoN
s3.11. to o. C. Meyer, who owns the
building adjoining on the west The
property was purchased by Mr.. Aloisi
about three weeks ago.
Ross Bros. dealers in linens, and ten
ants in the five story elevator building
with stores at 112 Franklin street. have
purchased that property from Blanche
b. Boardman for $4,000. The property,
which is contiguous to West Broadway,
is 25.4x100 feet in size
w. ID. Morgan sold to the tenant for
H. f. Duncan the three story laundry
at $40 East 125th street, near First
avenue.
100000 Loan on 9th Ave. Flat.
Charles B. Van Valen Inc, has OBJ
tanned from the New York Life Insur-
ance Company a loan of s400, 900 for the
1867 Fifth Avenue Company, Inc on
the twelve story apartment house at
that address. The building. adjoining
the Phipps residence, is fireproof, with
all the latest improvements, and occu-
pies plot 50x120.9A There is one
twelve room apartment with four baths
on each floor. The property rents for
$3.50. 700.
metropolitan Trust in Long Lease.
The Metropolitan Trust Company has
leased for fourteen years the quarters
now occupied by the Liberty Branch OF
the New York Trust Company In 100
Broadway. and will take possession
about January /. 1922.