The New York herald., 1921-05-11
HOTEL AND Big FLAT
In PENDING TRADE
Owners Of Riviera Apartments
TO Exchange Property
for Aberdeen.

1t was learned yesterday that nego-
ftations are being conducted for an ex-
change Of the mammoth Riviera apart
ment house on Riverside Drive. between
156th and 18TH streets, and the Aber-
deen Hotel, at 1921 West Thirty y-second
street, by the Dasc Realty Company and
Louis Markell, the respective owners. II
was also reported that part Of the deal
Includes an arrangemea. whereby Mr..
Markell will take back from the new own
ers of the Aberdeen a twenty-one year
lease on the property.
The Riviera apartment house occupies
n circular block front and is the largest
apartment house on the Drive having
frontage of 235 feet and depth OF 1S5
feet on 10th street and 100.l0 feet on
18TH street 1t has been held at figure
close TO $4,000 600. Ii the deal involves
the taking back OF the Aberdeen lease
IL will involve a total Of about S3.00O,-
600. Arthur Stewart is president of the
Dasc Realty Company and Don c. Seitz
Is secretary and treasurer The Riviera
was put up by Max Marx and associates
several years ago. The Aberdeen stands
on a site 7S.9x9S.e. a few doors west of
the Reed & Barton building on Fifth
avenue.
other Apartment House Sales.
SOM Brothers sold for the Benedict
/ Apartment Corporation, j. c. Koenigs-
] berg president, the six story Benedict
a apartments at 1880 Washington square
East, and the seven story building at Al
& West Fourth street. The buyer is an in
vestor The Washington square building
measures 56x109, and the Fourth street
! structure measures 25x92. This is the
first transfer of the properties in twenty
two years. They were held at slS5, 600.
Byrne & Bowman sold for client Of
the Benenson Realty Company the AL
pha. a six story apartment house at the
orthwest corner of ST. Nicholas avenue
and 125th street, 100x100. The house
contains thirty-seven suites and seven
stores and was held at s250.0o0.
VIII Build Twelve story Loft.
Harry b. Cutner sold to AL. +. Lef-
court and Louis Haas the property at
c37 and 239 West Thirty-seventh street,
50x9S.9 The buyers are the builders, who
are erecting the % loot fireproof post
office in Thirty-eigA street, in the rear
OF this property, foI the United States
Government. They propose to erect inn
mediately twelve story mercantile loft
building to be ready for the renting sea-
son of 1922. The building is to house
the smaller manufacturers in the new
garment centre and will involve an in
vestment of about $500. 200. The seller
of the property Is David Zipkin. repre-
sented by Arnstein & Levy.
Dwelling Market Remains Active.
Pease & Gilman sold for Sinclair w.
Richardson 145 East Thirty-sixth street,
q four story dwelling, 20x100, between
/ II rfr,cpf pfnt, nd li-d fa a rhN
sician.
Maurice Wertheim sold for Marie J.
Myers the five story dwelling at 44s
Lexington avenue, adjoining the south
east corner of Forty-ffth street, 15.5x
rs. to Rose Rosenberg Of Philadelphia,
Pa The seller was represented by the
Cruikshank Company. The same broker
negotiated long term lease to Swanson
g. Frost of the Ashland Lunch. No.
449 will be remodeled into stores and
apartments.
Samuel A. Kelsey sold for a client of
J.. Faulkner and William T. White 222
West 131st street TO the Rev. George w.
Darlington. a three story dwelling, 15x
400; also for Albert II. Stout 152 West
Is6th street, three story dwelling.
I6.8x100.
Elizabeth S. Glass sold to H. Kircher
20 West Ninety-third street a four story
dwelling. 20x100.S.
Leroy Coventry sold for Mrs. c. A.
Mount 261 West Eighty-fifth street.
five story residence. adjoining West End
avenue
Julia r. r. Harmon sold to Lucretia
L. Strauss 81 East Sixty-ninth street. a
four story dwelling, 23x100.5.
w. s. G. Fowler sold the three story
dwelling, 16.Sx100. at 125 East Ninety
fourth street.
Williams-Dexter Company. Inc, sold
the dwelling at IT Commerce street TO
Mrs. Elizabeth s. Forrest
Bank Leases Space In Bronx Flat.
A. Blumenthal has made new lease
for the Daily Realty Company. Benja-
min Benenson, president, to the Columbia
Bank OF the ground floor in the Chester
Hall apartments at the southeast corner
of Westchester avenue and Southern
Boulevard, which the same broker re-
Gently sold TO the lessons for the receiv-
ers of the American Real Estate Com
pany. The new lease is for forty-two
years at an aggregate rental Of about
Il $500, 900.