The New York herald., 1921-02-02
JAMES A. 0'GORMAN
BUYS,APARTMENT
Ex-senator Acquires Ten Story
House at Amsterdam Ave-
nue. and 110th Street.

Rent laws and all other adverse fac
tors notwithstanding, the residential prop
erty market has strong enough investment
pot ntiaLtes to draw former United
States Senator James A. O'Gorman into
the ranks of apartment house buyers
Through the Berman Realty Company
he has purchased the ten story apart
ment house at the northwest corner OF
Amsterdam avenue and Cathedral Park
way. The property occupies plot 96x
125 and was held at s630,000. 1t returns
rental Income of 100000 year.
Ex-senator O'Gorman owns several
properties in the Greenwich Village sec
ton but 1t has been long time since
his name has figured as buyer in real
estate transactions. The fact that he
has chosen this time to acquire
residential property is regarded in
certain quarters as an evidence
of the revival Of faith In this
form of investment. Astute men of af-
fairs outside the real estate profession,
so the theory runs now see that the man
who puts his money in real property
does not run the risk of defiatlon which
is imminent in other more lucrative forms
of investment at this particular time.
Mr. O'Gorman paid all cash for the
property. which passed title in the name
OF Mrs James A. O'Gorman.
other Apartment and Flat Sales.
Michael j. Connaughton of the firm
of Flynn & Connaughton sold for Max
Gold and Henry Bernstein twenty
nine family apartment house known as
st. AMIGA, at 70 to n Northern avenue
overlooking the Hud son River This
property was held at 100000.
SPOTS & Starr, Inc, sold for Mrs.
Thomas the six story apartment house
with stores. on plot 50x100. at All and
419 West Forty third stret. The build
ing yields an annual rental of $4,000
and was held at 100000.
Berger Realty Company sold through
William Barnett the five story apart
ment, 40x99.11. at sos West 146th street,
100 feet west of Amsterdam avenue 10
Celch.
Samuel Cowen sold the five story nat
at 62 East lO7th street to Mr.. Kantor.
Makes 1925, 900 Garage Lease.
The five story garage, 100x122, at
252 West Fortieth street has been leased
through Silverman's Exchange Tor u.
w. Stokes to the Chatham Garage, lnc.'
for eighteen and half years at an ag-
gregate rental of 1926, 900. The lessees
took possession on February !.
Business Property Deals.
Norman s. Riesenfeld purchased rs
Hudson street, four story business
building, 19x75, adjoining the northeast
corner of Worth street. The seller,
William l.. Ogsbury, has held title ior
nearly forty years The property was
held at $50, 900, and is in the heart OIL
the produce district. being equipped with
cold storage plant. The brokers in the
transaction were william A. White d
Sons and George w. Mercer & Son.
The six story loft and store buildingJ
6Ox1O0.5. at 449 to 453 West Forty
second street is TO be taken over by the
newly formed 451 West Forty-second
street Corporation, capitalized at $780,
600. The directors of the company are
r. X. Parker, e. l.. Harris and II. L.
O'Brien. Title to the realty is held by
Marion Klinker.
Brokers In Sleepy Hollow Sale.
william A. White s. Sons were the
brokers IN the deal which led up to the
sale of part of the famous Sleepy .Hol-
low Country Club property, in West
chester county, to Edward w. Harden
for S7250O. Permission to sell the
property to satisfy mortgages held by
tHe Farmers Loan and Trust Company
was given last Monday by Justice j.
Addison Young in the Supreme Court at
White Plains on the application of j.
Finley Shepard and other directors of
the club.
The portion of the club tract included
in the sale to Mr.. Harden is known as
the Rogers property, and includes resi-
dence valued at $4,000 and land held
at S3,500 an acre. 1t was originally
sold by William Rockefeller to Mr..
Rogers and subsequently by the latter
to the club. William A. White & Sons
figuring as brokers In both deals.
Deals Revealed in Transfers.
Bertha Endllch sod to Henry Wald-
man the six story fiat with stores at
10S and 10 East 111th street, 52.6x1OO,
adjoining Park avenue
Lillian G. Pearsall sold to Alice Van
Emberg the nve story tenement at 347
West Forty-ninth street, 25x105.
The Hudson +. Rose Company resold
70 Salvatore d'Amico the four story tene-
ment at 436 Pleasant avenue. 1sx74.
Nathan Becher sold to Barney Greene
the two four story tenements with stores
at 2430 and 2432 First avenue, each
25x75, adjoining the southeast corner OF
125th street.
Ida Henley sold to Josephine Jones
tho three story dwelling. 16.sx99.11, at
20 West 131st street.
Melford l.. Brown. as guardian. sold
to Marie L. Kelett 112 West Ninety
first street, a three story dwelling.
ISx100.S.
The four story dwelling, 21.3x102.2, at
1856 West Seventy-fourth street, has been
purchased by Carl J. Ulmann from Lilly
w. Barney.
Sarah A. Clark sold to Henry S. Noel
the three story dwelling at "a East
126th street, 1SxS3.
other sales In Manhattan.
William Fitzpatrick purchased a watch
charm parcel 20x49. at 153 Watt street
two story stable, in the south side. be-
tween washington and West. streets, in
the lower part of Greenwich Village
zone, from the Title Guarantee and
Trust Company. The property is just
north of the Canal street approach to
the proposed New York and New Jer-
sey vehicular tunnel and three blocks
north Of the United States Public Stores
Slawson & Hobbs sold for Max Hlrsch
the four story dwelling at 1G5 West
Ninety-fourth street
RRONy TRANSACTIONS.