The New York herald., 1921-01-14
EAST S1ST STREET
SCENE OF 2 SALES
Deals Involve 3 Flats and 2
Dwellings on Block From
Park to Lexington.


Park to Lexington.
Two good sized deals negotiated by
the NJ. Morgenthau. Jr., Company yes
terday brought East Eighty-first street
between Park and Lexington avenues
into the limelight. For the Terrain
Realty Company the brokers resold three
Ave story apartment houses at Nos. 112
to 116. 100x104.4, to the East Eighty
first Street Corporation. which has plans
under way TO modernize them for Oc-
tober occupancy. All three houses will be
turned into one with an elevator and
other improvements. An additional story
may be added. The NJ. M.reenthau. Jr,
Company has been appointed aSent.
The sellers had planned to tear the
properties down and erect a nine story
mouse on the site. but they yielded to
pressure of the tenants, who objected to
being forced to find space elsewhere. An
arrangement was finally made whereby
the tenants were to be moved from No.
112 into the vacant apartments In ia
and 116 and the tenants agreed to va
cate the last two houses on April 1.
Directly across the street the M. Nor
genthau. Jr.. Company sold the three
story dwellings at Ill to lis to DR.. A.
u. Garbat. who will convert them into
a series of physicians offices on the
ground floor. Dr. Garbat will occupy
the entire parlor floor of both houses.
which will be connected. The other two
floors will be subleased.
Cotton Dealer Buys ON stone st.
SPOTS & Starr. Inc. sold for the Faline
Realty Corporation the six story store
and loft building at II and IS Stone
street. 4zxS3x irregular. adjoining the
New York Produce Exchange Building.
The property yields an annual rental of
$4,000 and was held at s350.000. The
buyer Is Harry Miller. prominent cotton
dealer. who will occupy portion OF the
premises for his business
More Activity I'm New Tube Zones
Theodore F'icke, Jr., bought from
Frank A. Page the eight story building
at 2s8 and 2s9 West street, on a plot
46x100. 1t is located eighty-four feet
south Of Canal street and was taken
subject to a mortgage for s65.000. The
property Is In the New Jersey vehicular
tube terminal zone.
Church Adds to Holdings.
The Roman Catholic Church Of Our
Lady OIL SOD0 COunSel mas duOeu 10 ltS
holdings on East Ninetieth street. be-
tween Second and Third avenues by the
purchase Of the five story fiat at 242. 25x
1908. which was recently reported sold
by James F. Fay. The price was $26,500.
II adjoins the present parish house and
gives the church control OF 175 foot
front, comprising 230 to 242.
other Deals in Manhattan.
The two four story brick buildings at
II 20 rs Catharine slip have been sold
by Bernard Smyth & Sons for the estate
Of James e. Cooley to Baker. Goldstein.
Inc, the tenants, who have conducted an
iron business there for the last ten years
The property fronts SS.5 feet on Catha-
rine slip and has a depth of so feet.
William H. Whiting & Co. sold for
Harry Aronson the four story building
at 81 Walker street. 24x93, to John Riley
Of Waterbury & Riley, who occupy a
portion Of the premises. The parcel is
part Of plot through to 264 and 266
Canal street. acquired by the seller from
the Du Bois estate through the same
brokers few weeks ago.
Dwight. Archibald G. Perry, Inc. sold
the two four story buildings at 43S and
440 West Twenty-fifth street, 40x9S.9
The purchaser contemplates extensive al
terations.
Albert B. Ashforth, Inc. sold for Miss
Sarah Hyams the factory at 3S West
Third street to Leander G. Frey.
McCotter & Davis sold for Alice v.
Cady the vacant lot at 46 Charles street
which also fronts on Seventh avenue as
extended The purchaser will improve
with taxpayer.
franciscan Sisters Buy Estate.
David Stewart sold for John Campbell
the residence and other buildings. with
about twenty-one acres and about 1000
feet OF road frontage, at the northwest
corner OF Knickerbocker and Marcott
roads. Tenafly. N. j., to the Missionary
Franciscan Sisters of the Immaculate
Conception OF Hoboken for all cash. The
property was held at 100000. II. w.
Sullivan & Co. of Yonkers were associate
brokers.
ID. l.. Gilman Il Co. Elect Directors
The stockholders OF Douglas L. ELL
man & Co.. Inc, held their annual meet
ing In their new building. at 15 East
Forty-ninth street. on January II. at
which the following directors were
elected: Douglas L. Gilman, Roland F.
Gilman. Argyll II. Parsons. Alfred Z.
Taylor, d. Chester Noyes. Herbert r.
Lawrence, Henry A. Frey, Leslie III.
Moore, Keitt p. Walker and Pierre Van
Arsdale The president reported that
1920 was the most successful year In the
history Of the concern with the exccp-
ton Of 1919. The tenth annual dinner
OF the corporation will be held at the
Hotel Chatham this evening.
I'm the Dwelling Market.
Pease q Gilman sold for Mrs. A. T.
Tackaberry TO NJ. Stoichik. painter.
who will use the property for his own
business. the three story % foot DWELL
ing at 23s East Seventy-seventh street.
Joseph S. Ward resold TO client of
Edward c. II. vogler 91S West End ave-
nue.. southeast corner OF 105th street, a
five story dwelling. 2osx90.
Deals Revealed I'm Transfers.
William f. Fitschen and another sold
70 Charles Hortmeier for $4,000 the four
story building. with stores, at the SOUTH
sast corner OF Eighth avenue and
Thirty-first street. 2s.3xf0O.
Dora schwenk resold to Rebecca