The New York herald., 1921-11-13

The eleven story apartment house.
100x100, at the northeast corner Of
Madison avenue and SIxty-sixth street.
has been sold by I. Randolph and Eve
rett Jacobs. operators. to Max Loewen-
thai. In part payment Mr.. Loewenthal
gives his big estate known as Rockmoor,
in Northcastle. about six miles above
White Plains, which the Messrs. Jacobs
have leased for the past season. y. A.
Berwin & Co. we're the brokers in the
deal.
The apartment house includes among
its tenants Mrs. Jane L. Armour, Goelet
Gallatin. Harrison Williams. Leonard NJ.
Thomas and Walcot G. Lane. II ceturns
an annual rental OF more than $3.50, 900.
The entire transaction Involves more
than $1.500.000. Milton Dammann. at
torney. represented Mr.. Loewenthal and
Stoddard & Mark represented Messrs.
Jacobs. The brokers will continue TO act
as agents for the property.
The Rockmoor estate contains q
handsomely furnished twenty-five room
residence. with outbuildings and garage
and greenhouses The property com
prises 107 acres on which there is a ten
acre lake. Messrs. Jacobs will use the
estate as a permanent summer resi-
dence.
Big Hoe Estate Lease Reported.
1t was reported yesterday that the
Hoe estate is leasing its holdings at the
southeast corner Of Broadway and Thir-
ty-seventh street to Harry Fischel, tho
builder, who expects eventually to erect
twenty story office building there.
The lease Is for twenty-one years. with
several renewals for the same period
and Is said to carry an aption for pur-
chase at s1,400,000. The rental for the
first term Is reported to be about $4,000
net annually.
Tho site takes in 1864 to 1870 Broad
way. 102, 10f and LOG West Thirty
seventh street and 629 Sixth avenue.
and Is now improved with eight four
and two story buildings. IL is valued
by the city for taxation purposes at
s1,2ee, 900. OF which sl,1sS.o0O represents
and value. The property has a frontage
Of 1858 feet on Broadway, 173 feet on
Thirty-seventh street and 23.6 feet on
Sixth avenue.
Business Buildings Sold.
Cross C Brown Company sold for the
Central Union Trust Company. trustee
for the estate of A. d. Juilliard. to the
IL. w. G.. Realty Corporation. the twelve
story building. 75x92. at 1926 West
Eighteenth street. The attorneys in the
transaction were Max F'rieder. repre-
sentlng tho purchaser, and Larkin.
Rathbone & Perry. representing the
seller.
John Peters sold for the lockwood
Construction Company 10 an investor
s41 East Fourteenth street. a five story
business building. 25.6xl03.3.
Apartment and Flat Sales.
Simon Myers and William Goldstone
have sold through James Il. Barry the
Vernon. n seven story elevator apart
ment house, 50xi25. at $50 West Sew
entysArst street, valued at $4,000 and
returning an annual rental Of approxi-
mately s25.000. The new owner Is an
investor who recently purchased the
Santa Monica apartments abutting Sew
entieth street, acquiring the latter in the
name of tho Ellbemar Realty Corpora
tion.
Daniel IL. jackson and Thomas S.
Shorten sold TO the 752 West End Ave-
nue. Corporation Harry Josephson. pres
ident. a Ave story apartment house at
that address. containing ten apartments
OF seven rooms, and renting at si5,50o
per arnum. This property was held at
100000.
Suburban Transactions.
Howard Lehman. attorney. member OF
the firm OF Leventritt 6 Cook Nathan