The New York herald., 1921-10-26
9Th AVENUE CORNER
IN S75O,OOO LEASE
Samuel Kaplan Takes 5 Flats
at 55th Street for 21 Years;
Other Rentals.

ana clity-ultn street, covering plot
lo0x10o. have been leased by Samuel
Kaplan. president of the 251 West
Eighty-eighth Street Corporation, from
the ventosa Realty Corporation. Frank
Butterworth president. The lease is for
twenty-one years, with renewal privi-
leges, and involves an aggregate rental
OF $750,000. which is to be paid In gold
for the first term.
The lessees announce their intentions
OF making substantial improvements to
the properties after November l.
Schwartz & Gross, architects, are at
work on plans for new $3O0,00O apart
lnent and store structure which the les
sees intend to ereect on the site some
time during the first term Of the lease.
H. c. kopp & Co. were the brokers in
the transaction and Winthrop & Stimson
we're attorneys for the lessons and jerks
Il Rogers for the lessees.
Adolph Lewisohn and Deputy Police
Commissioner DR.. John A Harriss and
William r. Hearst haV been active in
buying property in the upper Sixth ave-
nue. district in the last year or two
Miscellaneous Leases.
For an uptown branch the United
Retail Candy Stores, Inc, has secured
a large store in the Harlem 'hub" at
125th street and Seventh avenue. The
company has leased through Harvey
Bioomer, broker, the 125th street corner
store In the Hotel Theresa, at the south
west corner of those thoroughfares. The
lease is for fifteen years and calls for a
total rental of about s240.000. The
store has Il frontage of rs feet on Sew
enth avenue and 25 feet on 125th street.
The second store on the Fourteenth
street side of the building to replata
the Hotel Churchill at the soutneasS
corner OF that thoroughfare and Broad
way has been leased at a yearly rantal
OF $4,000 by the FRANKIE Development
Corporation, Samuel Wacht, Jr., presi-
dent, to J. Walsh & Co., jewellers, for
ten years and seven months. beginning
next February.
The two six story buildings with
stores, 49.11x6S.4x Irregular. at 81 and
5S East Broadway, near Market street,
have been leased by Bernard Ratkow-
sky to Philip A. Levin for ten years and
six months at an annual rental of $10,-
$50. The lease carries an option of re-
newal for five years at yearly rental
of S11.750.
Nehring Brothers leased the building
at the northeast corner of st. Nicholas
avenue and 1880 street for five years at
an aggregate rental Of 100000.
the second floor in 54 Worth street and
39' Thomas street 10 the Griswoldville
Manufacturing Company space in the
same building to the Lawton Mills Cor
poration; the store, basement and SUBJ
basement in 65 Worth street to Wilson
G Bradbury, and the first loft in the
same building to the S. r. w. Textile
Company.
Henry Shapiro & Co. leased the store
t13. CD 90 III
aue and Fifty-sixth' street to d. Liben &
Co., automobile tires. The same brok.
ers also leased the, roof privileges to O.
!. GUIDE & Co.
Walter T. Sherwood rented the store
IN 12 Burnside rvenue to the London
Florist Company and In % Cedar stree,
10 Massone Brothers for five years.
II. e. q. Pflomm rented from the plans
the fourth floor in 124 West Thirty-sixth
street TO A. Portfolio e Co. as a sales
room for cloaks and suits, and to jacob
Cohen the first loft.
Folsom Brothers, Inc, leased for DIR
Eleanor Rose the rear basement store ir
127 East Thirty-fourth street to John
Azzfmonti, boot and shoe maker
Investor Buys Theatre.
The motion picture theatre and bus
mess building on the east side of Ham
1lton place, about 81 feet north of Yves;
1a6th street, has been sold by the Milc
realty Company. IT occupies a plo
135xS0x irregular. facing plaza formed
hy the intersection of Broadway anC
Hamilton place. The property was val
ued ut s1S0,000. The new owner 1:
reported to be physician, who acquired
the property for investment.
Residential Property Deals.
Du Bois Smith sold to Randolph and
Everett Jacobs, for the estate of Adelis
3. Althause. a four story dwelling al
6I7 Madison avenue. adjoining thu
northeast corner of Sixty-frst street
Tho buyers propose altering the building
Into stores and bachelor apartments.
Wood, Dolson Company. through AZ
fred j. Rooney. sold for Clarenco Z
Cavaraugh the four story dwelling
2ox1o0. at 40 West Eighty-fourth street
between Columbus avenue and Centra
Park West, to client for occupancy.
Redwil Realty Corporation sold to tn,
Solaris Realty Corporation four story
store tenement, 25x69.7, at "A Eas
Morris Moore's Sons, Inc, sold for J
Federroli Jr, 4O7 West Thrty-eighti
street, a four story fiat, 25x9S.9, to ar
investor. The new owner intends {,
alter the premises for business.
Manhattan Transfers.
rhe Embee Artificial Flower Compan,
sold TO Josephine Klein a three stor,
store building. 20xloo.5. at 24s Eas
117th street.
The Heirs of Margarethe Stuve, De,
ceased. Inc. sold to Henry Gluok a tive
story store building, 25x55.5, at 404
East Sixty-eighth street.
Fannie Rabinowitz sold to Calogert
Llbrizzi a five story store tenement
75x10O. at Ill Madison street.
The Heirs Of Marguerite Stuve, De
ceased, Inc. sold to Peter Sluka a fv,
story tenement. 25xi00, at 405 Eas
Sixty-ninth street.
Henry f. Raess sold to II. and NJ
Zelong a four story fiat, with stores
17.2x100.11. at go East 109th street.
Sadie Wilchin sold to David Fawlo
witz a Eve story store tenement 25,
93.11. at 716 East Ninth street.
Alfred Bernardin sold to Georgette
Tighe a three story dwelling, fS.5x10o.5
at 2iS East orty-eighth street
Plan O story Flat on Audubon Av
The 1soth Street and Audubon Ave
nue Corporation, of which Michael Kauf.
man is president, plans TO erect sis
story apartment house at the southwest
corner Of Audubon avenue and 1901
street. which property II has just pur.
chased The building will cover plot
Io0x100 and will accommodate ten fami.
lies on a floor. Other directors In the
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