The New York herald., 1921-01-07
BUILDING PROJECT
MAY FOLLOW DEAL
Lebertan Corp. Now Owns
Block Front on Beekman st.
in Chemical District.


BeeAman stsect by Pease & Gilman. |
The owner of record is Della D. Sands.
The same brokers about week ago |
sold the two five story buildings at
lS6 and 13S Beekman street, adjoining. |
for the estate of Edwin A. Cruikshnnk |
to the Lebertan Corporation. These
parcels comprise the entire block front |
from Front to Water street This is
known as the chemical section, and a |
representative Of Pease & Gilman !
stated yesterday that there are not ten |
vEceJss stores or loft buildings in the |
NEole chemical district at present.
George r. Read & Co and Camman
voorhees, < Floyd, after negotiations
covering n whole yer, have sold lhe
five story loft building. 75xlsl0. at lS9
Front street. adjoining the corner OF
Burling Slip, for the estate of William |
ii. Fem. This is the first transfer of
the property since the seller acquired 1t
in 1883 Permission OF the Supreme
Court was necessary before the sale
could be made, and II was also neces- |
sary TO notify heirs and interests scat
tered over the United States and Eng
land
MandeI Gets Loan on Hotel site.
The Bond and Mortgage Guarantee
plot 197.6x125. on the east side of Park
avenue, between Forty-first and Forty
second streets, comprising the larger
rart of the Grand Union Hotel site, ac-
CURED by The pershtng Square Building
Cofporation. Harry Mandel, president. |
sir. Mandel's company paid s2,900,O00 to
the city for the entire site fronting |
229.6 feet on each street. and sold off |
the easterly 1916 feet OF the plot to
The Bowery Savings Bank for about
81 10000 4
Insurance Co. Takes More space.
North British and Mercantile Insur-
ance Company, Limited. has leased I
through Horace S. Ely & Go. the sec
ond. third, fourth and fifth floors OF
the Bishop Building. at 70 William street.
where II now occupies seven floors /
with its associated companies. The !
space just acquired is now occupied by
the Travellers Insurance Company un-
der lease expiring May |. 1921 and Its
acquisition will give to the North Brit
ish control OF the entire building. with
the exception of the sixth and seventh
floors, which are occupied by the Ma
tional Board of Fire Underwriters. One |
OF the officers of the company stated |
that this space has been taken In order
10 provide for expansion and to care for |
its growing business. and that II does
not expect to occupy all of this new
space at the present time. and there
fore will probably sub-let portion
of II.
Furniture Co. I'm big Lcnsc.
The Peck & Hills Furniture Company,
which has branches In all parts Of the
country has leased from the plans the
store. basement, and first floor in the
fourteen story structure on plot 131x
$50, at 213 to 225 West Thirty-fif.h
street. west of Seventh avenue. The
lease Is for fifteen years at an aggregate
rental of s640.000. II. NJ Goodman
negotiated the lease for the L. & G..
Realty Company, the owner. Construasl
ton work the building Is now in prog
ress. The owner recently obtained n
building loan. OF 100000 from William
Henry Barnum. Peck & Hills are now
located at 141 Madison avenue ara the
space Just leased Is double .that now
used by them.
Woman Sells Gem Garage.
garet Manning the Ave story building.
f0xl00. with an l. adjoining the rear.
75x25. known as the Gem Garage, at
l4e-144 West Fifty-sixth street. The
lease on the premises was recently sold
by the same brokers. as reported a few
days ago. Harold b. Elgar Of Hardin
& Hess attorneys, represented the own
resented the purchaser.
Investors buy Heights Flat.
Norman Denzer sold for Samuel ].
I.ehr the Ave story apartment at 81
Northern avenue. between 1S0th AMI
lslst street. 50x110. The new owners
are investors.
Among the Dwelling Buyers.
Markwin Realty Corporation. Fred W.
Marks, president, sold for former Bor-
ough President Marcus NJ. Marks the
dwelling. 18xS0, at so East Seventy
ninth street. near Madison avenue.
Dwight. Archibald & Perry. Inc. have
sold for Rosina Fassin los Lexington
avenue, 0xS0, a four story dwelling. to a
client who will alter the property for
business purposes.
Annie Presser sold to Maria del G.
Menendez de Pima the three story DWELL
ing 491 Manhattan avenue. 15xS0.
Annie Marks sold to Carrie Block the
three story dwelling "a West 12eth
street. 1s.9x1o0.
w. ii. Specht sold to Edward J. O'Neile
the three story dwelling at 229 Eas;
Fifty-second street. 20x100.5.
William 4. Mates sold to julius Mar
der the two story dwelling at los East
l12th street, 1S.9x1001l.
Deals Revealed I'm Transfers.
Mary Carberry sold TO Louis Lebowitz
the seven story loft and store at III
Lewis street, 25x100.
Annie I. Quinn sold TO Frederick Hart
wig the one and two story building at
1851 Avenue A, 19.3x9l.
Thomas T. White Company sold to
Christian Wilerson the flve and four
story buildings at $40 and 522 West
Fortieth street, 50xeS.s.
Joseph Sager bought the four story
tenement and store at 80 Sixth avenue
22x49x irregular, near Fourth street
Frederick J. Middlebrook sold to Ca.
re de Rose the four story tenement and
store at 225 East Seventy-nfth street,
25x102.2.
Annie Hoeckh sold to Emil Reusch 42s
West Fortieth street, four story front
ard three story rear tenements, 25xes.e.
Kate c. Boyer sold TO the walze-