The New York herald., 1921-03-23
BANK LEASES FLOOR
AT 81 BROADWAY
Kardos & Burke Pay $40 a
Square Foot for Entire Ground
Space-Other Realty News.

Kardos & Burke. bankers. have leased
the entire ground floor In S2 Broadway
from the Amerigus Realty Company for
avo years with one renewal privilege
at an aggregate rental of 100000. The
floor contains approximately 5000
square feet. which makes the rent SO
a square foot The lessees have been
tenants on the fourth floor of the build
ing for several years. John Burke, mem
Der OF the firm. was former treasurer OF
the United States. The lease was negoti-
ated by II. C. Beaven, sole managing
agent of the building.
Anderson. Brown & Co. stock brokers,
have leased the $500 square feet on the
fourth floor vacated by Kardos g. Burke.
George G.. Schillinger was the broker in
the transaction.
100000 Lease In Kerr Building.
Frederick E. Sturgis and z. w. Lyon
leased the second floor In the new Kerr
Steamship Company building. "A Beaver
street. to the Chartered Bank OF India.
Australia and China, of ss Wall street.
The lease is for twenty years at a gross
rental of approximately 100000. The
same brokers' recently leased the ninth
floor In the Kerr Steamship Company
building TO the National Bank of South
Africa on a long term lease.
Buys Grand Central Zone Corner.
Frederick johnson and associates
owners of the twenty story Madison
Avenue building at the southwest COR
ner OF Madison avenue and Forty-sec-
ord street, with an l. through to 19 and
~ East Forty-flrst street, have bougnt
under the title of the Forty-second
Street and Madison Avenue Company
the four story building at % East for-
ty-first street. 26x49.4, from Leigh G.
Davey, taking IT subject to mortgage
for $4,000. The company In 1913 took
2 twenty-one year lease OF the parcel
to prevent interference with the ligh,
and air of the taller building. That
lease was made on the basis OF net
annual rental OF $500 with Maude W.
@. Marshall
other Deals in Manhattan.
Daniel II. Jackson sold to an investing
client of Aaron Weiss. 1915 Third ave-
nue, a five story business building ano
store. 25x10O, twenty-five feet south OF
1o6th street.
The estate Of Joseph B. Bloomingdaie
sold to SOL Lazarus. victrola deaier. the
three story building, 20x1oO. at 22l Esse
Fffty-ninth street Eugene E. Sperry
represented the sellers.
Aportmept and Tenement Deals.
Max ". Natanson resold to Phiiip
wattenberg 249 to 253 West llIth
street, three five-story aparti1lenL
houses, each on plot T.oxloo, WnicH
he recently purchased. Leitner Lei'-
ner were the brokers.
Harry Levy sold for Schwartz & Levy
the seven story elevator apartment
house known as the Clifton at alo Sew
enth avenue. 5ox1oo, adjoining the north
west corner Of 10th street. The pur-
chaser recently bought the corner and
now controls a I00-foot frontage. the
property was held at sl25,OcO.
David Lion sold the six story new law
tenement, 324-326 East 117th street,
s7.sxi00. which he recently purchased
from the willets estate, to Joseph Wit
tora. NJ. Bardolino was the broker.
BENJAMIN MandoIowitz sold the six
story APARTMENT 10 West 13Ith street,
4ox10o. for Dr. ]. Campbell to X. p.
Holbrook.
Carl NJ. Wailach estate sold the five
and a half story tenement with stores
25x100. at 93 Clinton street.
Ralph Russo sold the five story double
nats. 25x1oo, at 414 East 11ath street,
for the Fuhs estate to Michael Flumi-
ano also sold the Ave story double flats.
25xfoo. at 416 East 10th street, for the
estate OF Fuhs to Vincenza Celenza.
Zubow in . Grand Central Leases.
Adolph Zubow. who recently acquired
the Marlin-Roclswel Building at Madi-
son avenue and Forty-sixth street. has
maid Acker. Merrall & Condit a big
prcie for their lease on the former
Schn,itt Brothers property at 3t3 and
345 Madison avenue, which is diagonally
opposite the Marlin-Rockwell structure.
Mr.. Zubow has arranged with the own
ars for a sixty-three-year lease. He
also has acquired from Charles A
Dards a lease for a similar term on
the five story building at A East Forty
fourth street. abutting the former
schmitt property.
Manhattan Building News.
Plans have been filed for nineteen one
story garages. each 9x1s. at 3144 to
$3.50 Broadway. to be erected by the
Mcmillan Realty and Construction Com
pany Y. B. MCGUIRE. the architect.
estimates the cost at $500.
Plans have also been filed for con-
verting the three. four and five story
tenements at the northeast corner of
Liberty and Washington streets into a
loft and office building for Frances II.
ZabrislSie of FED Hook, n. Y. Summer
field & Steckler. architects, estimate the
cost at $4,000.
Plan Dwellings for the Bronx.
AS result OF tax exemption and the
general Improvement in the building sit
uation plans have been filed for eight
more dwellings In the Bronx. William
L. Phelan will erect four with garages
on the west side OF Harrison avenue.
north OF Morton place, to cost $4,000 /:
John D'Andre will put up two at a cost
of $4,000 on 234th street, west OF
Barnes avenue: Edward Gillespie VII
erect one OF three stories at a cost OF
$4,000 on Mapes avenue. rs feet south
OF 1924 street, and Albert Bentel plans
one TO cost SO, 900 ON the north side of
Barclay avenue, so feet east of Holly
wood avenue.
In the Dwelling Market.
Brown. wheeloclS Company. Inc. sold
e. fCiiiman the modern Ave story dwelling
at So West Seventy-fourth street, OF fire.
proof construction and with electric ele-
vator, 75xfoo.
Hnggstrom-Cai'en Company sold for