The New York herald., 1921-07-15
BUILDERS LEASE
APARTMENT SITE
Pay $750,00O for Van Beuren
Estate Plot on st. Nicholas
Ave. at 168th Street.

SPOTS Starr. Inc. have leased for
q long term for the Van Beuren estate
TO vogel. Schultz & Schwartz, builders
and operators, the block front on the
east side of ST. Nicholas avenue. ex-
tending from 16sth to 169th street. at
an aggregate rental of s750.O0o.
The property has a frontage of 1ss
feet on st. Nicholas avenue. 1s5 on
16sth street and 12S on 16Sth street.
facing the subway station at Broadway
and 16Sth street, and is opposite the
former home of the American League
Baseball Club. which site is to be i'm
proved by Columbia University and
Presbyterian Hospital
Adjoining this property on the block
front at st. Nicholas avenue, between
169th and 10th streets, SPOTS g. Starr.
Inc, sold to corporation OF tenant
owners on the 100 per cent. cooperative
plan the Woodrow Court apartments.
On the east side of Broadway, extend
ing from 10th to 171st street. Vogel,
Schultz & Schwartz erecting two
six story elevator apartment houses on
plot acquired from the Clark estate.
On the northwest corner of 10th
ctfCcI dHu OF 0NltnOldS dNcHut luS l%d-
pidus Construction Company is erecting
a six story elevator apartment house,
100x125, and Samuel Golding Is COM
pleting the erection Of two six story
elevator apartment houses, covering the
block front on Fort Washington ave-
nue.. extending from 170th to 171st
street. The block bounded by Broad
way. st. Nicholas avenue, 171st and
172d streets will also be improved with
elevator apartment buildings on the site
recently purchased by Frank r. Law
renee from the Clark estate.
vogel. Schultz 6 Schwartz through
the same brokers recently leased from
the Van Beuren estate, at an aggregate
rental OF 100000, the southeast corner
of Broadway and 15oth street. 100x100.
Plans are being prepared to improve
both these sites with two story business
buildings to be available for occupancy
In the early fall.
Other Sales in Manhattan.
The four story building with stores.
49.5x100, at the southwest corner of
Sixth avenue and Thirty-frst street,
has been bought by the newly formed
SIT Sixth Avenue Realty Corporation,
d. w. Blumenthal S. Rosenfeld and Il.
Pollack directors. The company has
capitalization of 100000. Title to the
property stands in the name of the
Torimac Corporation, ]. T. Smith presi-
dent
Frank A. Seaver Co. sold the plot,
40x100, on the north side of Eighty-irs
street. 12o feet east of Ridge Boulevard.
for F. Gentry.
SCHNEIDER & Lebler sold for Anna
Masin the three story building with
store at 1910 First avenue.
AIdrich Building Sold at Auction.
The five story Aldrich Building, oc-
cupying the block front on the east side
of Church street, between Warren and
Chambers streets, to-day passed to the
ownership of the Albany County Saw
ings Bank. which took il as PLAINTIFF In
foreclosure proceedings on a bid Of
$4,000. The property was sold on a
mortgage judgment OF about 100000
obtained by the bank against the Church
& Warren Company. ]. Clarence Davies
was the auctioneer.
s1,B0O,OOO Loan on Loft Properties
Loft, Inc, candy manufacturers. pro-
cured from the Chatham and Phenix
National Bank, as trustee, a loan of
$1,500,000 for ten years on its proper
ties in this city. Newark. Paterson and
Hoboken. The holdings here involve the
big factory on Broome and Kenmare
streets ana (leVeldnu place, lne
ing at the southeast corner of Barclay
street and West Broadway the lease
hold at 1865 Broadway and the lease
hold at the northwest corner of Prospect
avenue and 160th street. The loan bears
per cent interest.
Hospital Leases for Nurses Home.
Pease & Gilman leased for J. p. Nc
CURE a four story dwelling. 25x100, at
81 East Sixty-sixth street to the Pres
byterian Hospital. which will probably
use 1t for nurses quarters. The same
brokers sold the property to the lessor
year ago.
The lease of the restaurant space in
the new seventeen story cooperative
apartment. house at 200 Park avenue to
Pierre" arranged by Douglas L. ELI
man & Go. last March, has been placed
on rec ord. 1t calls for an annual pay
ment OF $4,000 for twenty-one years
from next October. and there is an option
OF renewing the lease for another twenty
one year term.
In the Dwelling Market.
-Wheelock Company. Inc. sold
for the Holmes Electric Protective Com
pany 4S East Seventy y-ninth street. a
four story dwelling. 1Sxs0. held at $780,
001. The new owner. who was repre-
sented by the NJ. Morgenthau. Jr., Com
pany, will occupy after the completion
of extensive alterations.
Daniel Casey sold for the Hoffner es-
tate to Mrs. Louise Dickson the four
story and basement dwelling at EOS East
Forty-sixth street. 2ox100.
Leonard We'll resold the three story
dwelling at 249 East Thirty-second
street to Arnold Roth.
Leonard We'll resold SO East 129th
street. three story dwelling, to Henry
Schmidt.
MuItifamiIy Houses Sold.
Daniel Casey sold for the Bonn estate
to DIR. Joseph Leo the five story single
flat at 158 East F'lfty-sixth street 16.SS
rrLlc La u flret col q 1,f h1 t,rnr,.