The New York herald., 1921-04-30
COMPANY TO BUY
NO. S72 BROADWAY
Demand for Space Forces Other
Business Building Sales
in Manhattan.

+ The si2 Broadway Company has been
formed with p. f. Foster. A. s. Cutler
and G. J. Herson as directors. to take
over the four story building at the
southeast corner OF Broadway and
Eighteenth street. "a 3xss.l, title to
which Is held by Oscar Cammann.
The two four story buildings, on plot
S0.4x44.9. at the southwest corner OF
Fourth avenue and Twelfth street are
10 be taken over by the 70 East Twelfth
Street Company, having M. Swenson, Z.
Low and w. Rubin as directors. Joseph
Naughton is the owner of record.
J. Finkelstein & Son sold for Peter F.
Cappell the five story loft building. s0x
l00 at 3S1 and 1888 Bowery.
Meyer Cohen. dealer in ribbons. silks
and velvets. purchased from A. v.
Barnes and Harriet b. Newberry the
five story building. 25x9S9. at 70 West
TAirty-eighth street
Huberth & Huberth sold for Stephen
o. Lockwood II East Fifty-seventh
street, a five story business building,
16x100. recently altered.
d. kempner 81 Son. Inc, sold to Paul
Arenstein for the New Amsterdam Re-
atty Corporation, /. II. Kempner presi-
dent, 1853 Second avenue, southwest ccr-
ner of Eighty-first street, a four story
building with stores, 20xS0.
$25O,OOO Loan on Herald So. site.
Frederick Fox e Co., Inc, have
placed loan of $250.000 on the south
east corner OF Broadway and Thirty
seventh street, including 1864. 1866, 1868
and 1870 Broadway, 102, 104 and 106 West
Thirty-seventh street and 629 Sixth av-
enue. The south half of this block was
recently purchased by the Greenwich
Savings Bank from the Van Ingen es-
tate to provide the site f0G new office
and bank building.
Sth Avenue Tenements Leased.
Lucy r. Davies leased to Benjamin
NJ Fando the four four story tenements
at 800 to sos Eighth avenue. southeast
corner of Forty-ninth street, on plot
s5.9YS0, for twenty-one years from May
at a net annual rental of from
$4,000 to $4,000
Munson Building Opens To-day.
The new twenty-five story Munson
Building at 81 Wall street and S5 to 81
Beaver street will be formally opened
to-day for occupancy, just year less
one day after the demolition of the old
buildings occupying the site was begun.
Situated in the heart of the shipping
and export district and close to the
largest banks and trust companies, the
new building fronts IA feet on Wall
street.
The Munson Line will occupy the
twenty-fourth and twenty-third floors,
and the passenger department will he
on the ground floor on the Wall street
side.
Metropolitan Loans $3.OOO.OOO.
The Metropolitan Life Insurance Com
pany yesterday authorized loans OF
about s3.000,000 on bonds and mort
cages. Something more than S250.000
was loaned on eight apartment houses
in Brooklyn which will house sixty
four families. Over 100000 was on
dwellings, chiefly in Chicago and Cleve-
land, with smaller loans on houses in
South Carolina, Illinois, Indiana and
Florida. to house fifty-three families.
About 100000 was loaned in Los An
geles. Cal. on a business building. and
about s2.000.000 was placed in farm
mortgages in number of States in the
Northwest and Southwest.
Two Apartment Houses Planned.
Plans were filed yesterday for two
more apartment houses to be erected in
Manhattan. A nine story structure. 100
xS4.7, will be put up on the site of the
four story dwellings at 110 and 112
West Fifty-fifth street by the Jatiso1
Construction Company. Schwartz &
Gross. architects. estimate the cost at
$4,000
A six story structure has been de-
signed for the southwest corner Of st.
Nicholas avenue and 163d street, 126x
1899, for w. ]. Diamond G. c. Clark.
the architect, estimates the cost at
S225.00O