The New York herald., 1921-12-07
PATERNOS TO ERECT
BUSINESS BUILDING
Lease Church Plot ut Broadway
and list Street for Project;
Other Rentals.

Palermo Bros, Joseph Paterno presi-
dent. announced yesterday that they will
build six story banking and Office
building on the northerly portion OF the
northwest corner OF Broadway and Sew
enty-ffrst street, which they have leased
from Christ Episcopal Church through
Earle & Calhoun. The site fronts thir-
ty-three feet on Broadway and has a
depth Of ninety-seven feet. Is Is prac-
tically opposite the entrance 20 the
Seventy-second street express station OF
the West Side subway line The lease
is for long term. The operation is an
evidence OF the growing Importance Of
the Sherman square section and the
West Seventy-seccnd street business dis
trict.
miscellaneous Leases.
The United Cigar Stores Company
leased from the Exchange Court Cor
poration part of the ground floor in SO
Broadway and 80 New street for four
years. beginning May /, 1927. at rental
of $4,000 annually. The United coui-
pany also leased the store at the north
west corner of Broadway and 13Sth
street for five years from June 15. 1923.
at yearly rental OF from $4,000 to
$4,000.
The garage portion OF the basement,
ground floor and upper story in the auto
mobile building at Lenox and St Mich
olas avenues. 10th and 111th streets.
has been leased by the 10th Street
Lenox Avenue Garage to the Essellen
Realty Corporation from the time a per
NIT for occupation Is issued until July
81, 1894. The rental for the first year
will be $35.30o and each succeeding year
$4,000.
Cross & Brown Company leased space
in 220 West Forty-second street to San
ders & Fortier; also, with Herbert J. Nor
ris. fifth floor In 211 West Nineteenth
street to the johnson Leather Company.
Inc; Offices in West Forty-eighth
street to the Charity Organization So
ciety. The same brokers leased space in
SS1 Fifth avenue to NJ. Schoenholz. re-
tail furrier and, with Homer l.. Pence.
twelfth floor in 20 West Thirty-sixth
street to A. w. Maas & Co., millinery
supplies.
Cushman & Wakefield. Inc, leased Of
fees in the Canadian Pacific Building,
Madison avenue, Forty-third 20 Forty
Co, the Manasota Development Com
pany of Baltimore. Nd; the Takamine
Manufacturing Corporation. whose main
Oriental offices are In Toxic. Japan; W..
A. Marshall and. with Douglas, Gibbons
& Co, offices to E. w. Manderson.
Ames C Co. leased for Samuel
Schwartz space in 309 Fifth avenue 10
Matthew Kashashian, Oriental rug bust
ness also space in 900 East F'ifty-nintli
street to T. Haulke, space on the fourth
floor in the Partola Building to Edward
II. Binns. manufacturer OF leather nov
elites, and rear part of parlor floor in Fl
West Thirtieth street to John 7. Benson.
White-Goodinan leased in S67 Broad
way loft containing more than 10000
suuare feet TO A. Strauss & Co.. also
store and basement in IL Vest Twentieth
street to Hirsch G Schwartz.
Albert p. Ashforth. Inc, leased space
in 2S and 80 West Thirty-eighth street TO
Harris & Capclle AMI in the Ligsett
Building, Madison avenue and Forty
second street, to Samuel Yellin.
Charles f. Noyes Company was the
broker I'm the lease of a large suite of
offices on the twentieth floor in 80
Church street for the Hudson and Man
haitian Railroad Company 10 the Public
Service Commission Of the State of New
1OTh, WlHlhM n. ITcHuciEdSI CndiA-
man.
italian villa Mt 1salba Sold.
Maiba Estates Corporation sold at
Malba on the SD1nd, l.. l., to Gilbert c.
Demorest the italian villa on the north
side OF North Drive, cast OF Malba Drive
Mr.. and Mrs. Demorest win occupy the
house early next spring.
To Sell Far Rockaway Tract.
Four hundred feet OF ocean frontage
property with riparian rights at Ostend.
Far Roclsaway, is to be sold by the Ban
lister Realty Company. Maximilian Nor
genthau president. within the next thirty
days. The Lewis II. May Company,
agent, has been authorized to liquidate
the holdings About 100 lots are un-
restricted and are suitable for bunga-
low purposes. There has been q large
amount of housing construction in this
section during the last year.
Recent Buyers at jackson Heights.
S. A. Crawley OF Fort Worth, Texas
has purchased an apartment in 144
Twenty-first street, Jackson Heights. An
apartment .n 131 Twenty-third street
has been purchased by Albert II. Doo-
little, resident OF Jackson Heights
for the past efphteen UonthS