The New York herald., 1921-09-14
4 AMSTERDAM AVE.
APARTMENTS SOLD
Soutnear rcSnar of 39th st.
Passes From Ownership
Of Phelan Estate.

Y. n. Ludlow & Co sold for James
=. Phelan Company TO the Empire State
Holding Corporation. William Prayer.
secretary. the four fve-story apartment
houses on plot loo.Sx1o0 at the south
east corner OF Amsterdam avenue and
West Eighty-ninth street and includ-
ing 5s9-5a5 Amsterdam avenue. The
houses contain apartments for nifty
two families, with stores on Amsterdam
avenue.
The property has been in the Phelan
family for great many years. and is
now sold in settlement of the estate.
This section OF Amsterdam avenue will
DO greatly improved through the erec-
ton of new buildings on the Astor es-
tate block, extending from Eighty ninth
20 Ninety-second street, most OF which
lots have just passed into the hands
OF the builders and will be improved
with apartments ranging from six to
fourteen stories in height, for which
plans have been fled.
SCHNEIDER & Liebler sold for Anna NJ.
Gallagher. the five-story tenement with
stores at 14s4 Second avenue.
Samuel F'lato OF Frederick Zittel &
Sons sold for Emanuel Glauber, 24S
West one Hundred and Ninth street
nve-story apartment house, a5x1oO,
held at $4,000.
Gives House to Aid Yale Fund.
To aid the endowment fund, Will
Ham &. Mason of Evanston, Ill., has
just made a gift to Yale University or
= New York city parcel of real estate
assessed at $4,000. The property in
volved in the transfer Of ownership is
the 3-story building occupied as a
studio and storehouse by the Famous
l'iayers-Lasky Corporation at 124-l30
West Fifty-slxth street running through
the block to West Fifty-fifth street.
'rhe frontages on the two streets are
respectively 1916 and 1O1 feet. and the
depth is 1905 feet.
italian Restaurant In New Hands.
Enrico and Giolito Company, proprie-
tors of the Italian restaurant at 1922
12s West Forty-eighth street, have sold
both the leasehold of that property
and their business to Cavalier Crieste
Giolito and Carlo Giolito through G..
May. The latter secured the property
for Enrico and Giolito about three years
ago on a long term lease which has
about fifteen years to run. Alterations
costing approximately s150.000 were
made at the time the lease took effect.
In the Dwelling Market.
Slawson & Hobbs sold for Mrs. w. e.
Gatling 317 West Eighty-fourth street,
flve story dwelling. 17x55x1oo, held at
$4,000.
Moore, Schultz Co. sold the three
story dwelling. 17.6xss.11. at 534 West
I42d street for the Cuban and American
Contracting COMPANY
New Directors for Garage.
Some change In the control of the Lin
coin Square Garage and showrooms on
Broadway Sixty-fourth and Sixty-fifth
streets. standing on land owned by Rob-
crt Goelet interests. is indicated by the
formation of the 1926 Broadway Cor
poration. having as directors Fl. o.
Weaver, j. Nick. Heclser and J.. b. Iser-
son. The company Is represented by
Clark. Reynolds & Kinds, attorneys.
The building, 175x11o feet, one OF the
largest In the automobile belt" covers
the northeast corner of Broadway and
Sixty-fourth street. with an extension
through TO 5S-62 West Sixty-fifth street.
II is at present operated by the Lincoln
Square Garage Company. whose lease
Is understood to expire in October.
Cathedral Parkway Flat Planned.
Plans were filed yesterday for the
fourteen story apartment house TO be
erected on the south side of Cathedral
Parkway. 100 feet west of Broadway. by
Luigi Geribino and Benjamin p. Walker
The house will measure l00x7S.9, and
Schwartz Gross. architects, estimate
the cost at s55o.000.
Conclude Sale of Lakewood Hotel.
Negotiations have been concluded for
the purchase by the Lakewood Hotel and
Land Association. owners Of the Laurel
House. OF the Laurel-in-the- Pines, at
Lakewood. y. ]. The reported purchase
price was 100000.