davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-01-30
DISCUSSES PHASES
OF LEASING MARKET
Joseph P. Day Analyses Rent
ing Conditions in City's.
Business Field.

The feature Of the realty market dur
ing the closing days OF January has
been the extent of the leasing activity
The approach OF February. OF course.
explains in some degree the phenomenon.
but other factors such as readjustment
in the renting market due to the erection
Of many new business buildings and the
enlargement and alteration of old struc-
lures figure in the underlying causes.
Speaking OF the market activity in the
renting field, Joseph p Day says:
AT the present time we are in a
strong leasing market, business prop
critics absorbing most of the attention.
During the week Just past several note
worthy transactions were reported. In
oluding the leasing by the Guaranty
Trust Company Of the ground floor and
basement in the Chamber of Commercs
building, at 65 Liberty street. 1t is re-
ported that this transaction involves
about $1,000. 900, and clearly shows that
large financial institutions are not afraid
are putting their houses in order an
ticipating increased business during the
years to come.
This lease was only made possible
by the fact that the Lawyers Mortgage
Company, which now occupies the space
Just leased, recently purchased a plot at
Nassau street and Maiden lane, for
Improvement with its new home, which
is another striking evidence of confidence
in the future. This lease Is only ono
of the many important deals reported
In the papers during the past week
There is a continued great demand for
the following classes of space:
First class offices in the financial
district: modern light manufacturing
buildings in all sections of the metro
politan zone: offices and showroom
space In the Grand Central and Times
Square sections and on Sixth avenue
south of Twenty-third street; also pri-
vate dwellings. Rentals are maintaining
good average the city over, though on
slightly lower basis than during the
peak last year. OF course, 1t must be re-
membered that we are now in the leas-
ing season for commercial buildings
TT can hardly be stated that there II
shortage OF high class apartment
houses There Is quite a variety OF
vacancies at present. though this con-
dition does not apply to the moderate
and cheaper grades of apartments There
Is decided shortage of flats which at
ono time rented from between $50 TO
SIS month. There is urgent need OF
new buildings of this type and also for
the one and two family detached and
semi-detached houses to take care Of tho
family of moderate means This latter
situation will right Itself In time.
| There Is n growing feeling on the
part OF thousands of people that the
only logical way OF living Is to own
your own home. and I look to see a
very extensive movement along these
lines In the comparatively near future.
"Straws show the way the wind blows.
I look to see strong buying movement
In vacant lots during the coming year.
lot values have not increased. This con-
dition will change just as soon as tho
building movement starts. and those
who have the foresight to. acquire va
cant land at the present time should
reap their reward"
The New York herald., 1921-01-30
ERECTED STRucTURES
CORNER Of BEAVER sosSomW SECOND

and Starkweather & Sheploy at 1lS
Water street Is to all intents and pur-
poses new structure. However, tho
architects, Clinton & Russell, in or
der to save time In construction de-
cided to use the. side walls and the
floor beams of the old structure on
the site, and this was sufficient to
bring the project within the classifica-
ton of altered buildings. It is six
stories high, covers a plot 25x135 and
has a facade of unusual beauty and
distinction done in Italian Renaissance.
The delicacy of feeling characteristic
of this design has been carefully car
ried out in the selection and arrange
ment OF materials. There are colored
marbles for the field and panel work
and a warm Italian stone for all the
nodded trim and carvings. Above a
polished green marble base a wide
margin of black and gold frames a two
storied opening which is subdivided
with stone mullions and pilasters richly
ornamented on low relief.
The three stories above are panelled
in yellow Kato marble frames, with
ornamental stone architraves. stiles and
rails. At the sixth floor level is a bal
cony OF wrought iron, above which the
top story, set back somewhat from the
street line. is faced with pilasters carry
ing the main cornice and balustrade of
richly carved stone. The Interior trim
mngs are of natural mahogany and the
first floor has mahogany wainscot.
in the case of Greet Building. at q to
&c Old Slip the interest centres chiefly
around the economical lines followed IN
the alteration work. Hero the price
paid for the old building plus the sur
The New York herald., 1921-01-30

way carry out the patriotic motive. On
one side of the vestibule Is a bas relief
of Paul Revere, a hero of America $
birth struggle. Balancing it on the other
side is life sized relief Of Sergeant
York, whose deed Of immortal valor in
the world war was performed on the day
the bank constructions project was
first conceived.
An interesting departure from the
ordinary standards followed in office
building construction is to be found in
the general design of the Atlantic and
Pacific Steamship Company's building
at the corner of Old Slip and Water
street. This distinctive structure. OF
Southern red brick trimmed with white
marble, is of Colonial character. 1t
has all the quiet dignity and charm OF
the fine old examples of American
architecture and both inside and out
suggests the finely appointed private
home rather than the office building.
1t occupies a plet 43xs0. is four stories
high and was designed by james w.
OConnor.
Although 1t was classed by tho COM
mittee as the finest altered structure
in the downtown section, the building
owned Jointly by the Noyes Company
The New York herald., 1921-01-30
MUCH INTEREST SHOWN
IN PRIZE HOME CONTEST

Moro than 500 plans for small houses
will probably be submitted in the $1,000
prize contest that is to be conducted
by the Own Your Home Exposition
which Is to hold exhibits in New York,
Chicago. Cleveland and Pittsburg. The
American Institute OF Architects has
approved the competition and Is aiding
Henry X. Holsmen. president OF tho
Illinois chapter. who Is the architectural
adviser Of the competition. Aymar
Embury I'd. of this city will be one of
the judges.
The last of the competition draw
ings are due February T. They will
comprise the third stage OF. the COM
petition or the plans for the six room
The New York herald., 1921-01-30
HONOR BUILDINGS IN LOWER 1ANTIATTAN NAMED BY JUDO
Committee Appointed by Downtown
League Selects Two Best Buildings
Erected in 1920 and Two Finest
Structures Altered During
Year Just Passed

OF the many buildings erected in the
downtown segment OF Manhattan dur
ing the year 1920 the finest Is that OF
the Seaboard National Bank at the
northeast corner of Broad and Beaver
streets. designed by Alfred G. Bosom.
This at least was the unanimous opinion
OF the Ave judges appointed by the
Downtown League to single out tho
notable structural achievements OF the
year just passed in that section OF tho
city to which the league confines its
activities.
The committee which made the awards
included four prominent tors, whose
activities were q topic of almost daily
reiteration during the tremendous buy
ing movement which swept the down
town section recently. They were Harry
X. Grigg. chairman Joseph F.. Cullman,
Sigsbee Graham and Frederick Brown
In arriving at their decisions they viewed
each building from the standpoint of
both architectural beauty and general
structural excellence. This meant that a
building in order to qualify for consid-
Grafton had to be not only good to look
at from the outside. but designed with an
eye to durability and laid out so as to
make the most of its ground area.
1t was with these factors In mind that
est hqnors among the new buildings down
town to the Atlantic and Pacific Steam
ship Company's building at "a and rs
Water street, northwest corner Of Old
Slip. The two finest examples of struc-
tural alteration achieved during the year
Just passed in the same area were con-
ceded by the committee to be the build
ing at 118 William street. owned and oc-
cupied by the Charles r. Noyes Com
pany and Starkweather & Shepley, which
won the figurative blue ribbon, and the
home of r. w. Greet & Co, Inc, at rs
Front street, northwest corner of Old
Slip.
There was little surprise expressed
at the committees choice for first place
in the newly constructed class. The new
home of the Seaboard National Bank is
stately structure OF the Roman classic
design which the architect. Mr.. Bosom,
conceived to be the most in keeping with
tho general purposes of a banking
structure. The structure was originally
designed for the banks own use. but in
face of the demand for office space It
was finally decided that part of the
building should be rented out for office
purposes. 1t Is three stories below
ground and ten stories above and covers
q plot 90x100.
Above the base OF polished granite the
facade is of Indiana limestone. The
columns of polished green Rockport
granite. crowned with Corinthian capi-
tails. are said to be the largest of their
kind in New York city. There are only
three lathes in America. it is said, ca
pable of turning out such gigantic
columns. All the building materials.
both outside and in are domestic. Inside
The New York herald., 1921-01-30
MANY CORNER PARCELS
IN THIS SPECIAL SALE

AT his next special auction In the
vesey Stree, Exchange on February a
Bryan L. Kennedy will offer a iarrs
number OF business and investmsnA
properties In Manhattan. Among th0
parcels are tho following:
The southeast corner Of Third avenue
ana F1fty-sixth street. three and four
story tenements with stores. 49.5xl0o,
also s7 Second avenue, southwest cor.
ner Forty-seventh street, a five story
tenement with stores, 25x73; 13 and 4ia
East Thirty-fourth street, two four
story tenements with stores, 49.6xes. "a
or the estate of the late Francis Neher.
IL First avenue. a four story front and
rear tenement with store. 2i.sxlOo.
For the estate Of the late James y.
Hannigan will be sold los Avenue q,
southwest corner Seventh street. n five
story building with store. 2sxe4.s; 81 ana
% West Nineteenth street. two four
story business buildings, 45x92.2: Brad
hurst avenue. northeast corner l4zd
street, five story apartment with
store. 27sx64.ii; 6s4 Eleventh avenua
northeast corner Forty-ninth street. a
four story tenement with store, 25xeo:
go West Fiftieth street. five story
tenement with stores, 25xl0o5 s27 East
Forty-third street. n five story tene-
ment with store. 2SxlO0.5: $40 and 3f2
West Fourth street a six story apart
ment house with stores, 3e.ix5s.9x ir-
regular.
Other parcels include 81 West Ninety
seventh street, a three story dwelling,
1sxi00.1l: 23s4 Amsterdam avenue, a five
story apartment house, +o.4x1oo: $50 west
Forty-fourth street, three story teno-
mont. rx75s: 25T and $50 West Twenty
fifth street two four story dweilingA
27xes.s; z1e2 10 21s6 Washington ave.
nue.. southeast corner 1921 street, The
Bronx, three two family dwellings. 1sx75
each, and 55e and $50 Wilson avenue
Brooklyn. two three story tenements
with stores. 50x75.
The New York herald., 1921-01-30
Odd Paragraphs From the
Worlds Real Estate News

One of the strangest palaces in the
world has been completed by Ferdinand
Cheval, a postrnan of Hauterives. France
Cheval as a young man saw series or
pictures in a book Of Oriental stories,
and was struck with the 1tastic and
picturesque qualities Of the Z 'ental cas-
ties. with their towers HIS. ly orna-
mental windows. minarettes, &c In his
leisure time he gathered stones of vari-
Gus colors and types, read books on art
and masonry and gathered all the knowl-
edge possible from worlImen. The next
step was the beginning Of construction
work on a castle of his own conception.
This dream creation is now complete,
and Cheval is eighty years old. II is
weird piece OF architecture, with all the
towers and turrets,, arches and scrolls
that the builder desired. The castle is
s5 feet long and 45 feet deep, and in Its
construction Cheval used millions OF peb-
bles and stones, all Of which he gathered.
and 1000 bags Of cement and lime. he
put In 67.500 actual working hours on
the construction Of the building. Tho
money used came in at first from his
small savings, but as the palace grew
tourists visited 1t by hundreds, and he
realized a goodly revenue from their
visits. Cheval, desiring to be buried In
his fantastic palace. erected a monument
In the main hall. but this wish viii not
be granted. local authorities forbidding
II for reasons of public health.
Profiteering Landlords of 1920.
An interesting side light on the
profteering methods OF landlords OF
Paris In 1920 is provided by Arthur B.
Reeve in Worlds Work. 'Tt is proba-
ble." says Mr.. Reeve. that the Prince
The New York herald., 1921-01-30

prisingly small sum expended for recon.
struction has given the owners a fine
home at cost per square foot far below
that obtainable in any other building
offering the same facilities. BY the ad-
dition of new windows and the removal
of many steps. platforms and other en-
croachments, the architects. Shape,
Bready & Peterkin. restored the original
lines of the building In simple. dignified
character
The Downtown League. which ar
ranged the building competition. fulfils
the same functions in the lower section
of the city as the Fifth Avenue Asso-
citation does up town, and its scheme
for stimulating interest in the struc-
tural appearance of the district is SIM
liar to the custom adopted by the Fifth
Avenue Association of awarding prizes
to the best buildings erected or altered
each year in the Fifth avenue zone.
The Downtown League has a member
ship of more than 1900, but its presi-
dent. David Robinson, has set his goal
for the 2.00o mark, TO be reached before
the dawn OF 1922
The New York herald., 1921-01-30

house in wood. or in brick, or In back
plastered metal lath and stucco. The
first stage closed January a. II IN
cluded designs for the four room house.
Tho second stage plans must be sub
rnitted by Monday. January 81. All
drawings must be sent to Henry K.
Holsman. 175 West Jackson Boulevard,
Chicago, Ill.
These prize winning plans will be
first exhibited at the first annual Own
Your Home Exposition In the Coliseum
at Chicago. March 26 to April 2, accord
ing to Robert II. Sexton, managing di-
rector. Real estate boards throughout
the country are evidencing much in
terest I'm the small house competi-
tion," and are cooperating in connec-
ton with the "own your own home"
movement as sponsored by the National
Association of Real Estate Boards.
The New York herald., 1921-01-30
RAILROAD MEN OPEN BANK.
Public Invited TO Inspect New
Savings Home on Monday.

The Railroad Association. which was
started thirty-one years ago by a few
New York Central and New Haven
Railroad employees. together with en-
ployees OF the American and ADAMS
Exprcss companies. to inculcate habits
OF thrift among It's members. will move
into fts own home at tho northeast cor
ner Of Lexington avenue and Forty
fourth street on Monday. January II.
Chauncey NJ. Depew and A. III. Smith.
president OF tho New York Central,
have announced their Intention OF at
tending the ceremonies. Tho public has
been invited 20 call and inspect the
quarters with is uptodatc banking Of
flee.
The association now has $3.50 members
and It's resources have grown from
$1,000 TO si0o0.G0 Money for hone
building on tho amortization plan has
been loaned 70 1000 persons IN the last
thirty-one years. The organization is
proud OF It's claim TO being the first
savings and loan association IN the
metropolitan. district to own its cwu
et%kHA -
The New York herald., 1921-01-30
NEWARK TRANSACTIONS.

The building n; ss5 Broad street has
been leased through Feist e. Feist for
Louis Plant To David j. and b. $. Nor
ss hauer, reg;aura.eurs. The same hrok-
cTs sold tho two family dwelling =; 4iS
South seventh siree;, 2JNiol, for David
.iftll 20 Iofn Bcttcr
Louis sch.esinger. Inc, sold for Orsac
Realty Company q three story frame
building. 33.ix10o. at 299 New York ave-
nue., TO Anthony Puchalski and leased
for John It. schrink first floor and
basement in fs4 Emmett street 20 Arnold
Heiimuth Manufacturing Company OF
Brooklyn, ....--
The New York herald., 1921-01-30

give access TO brick. tile and stucco
garages In tho rear. in each house
therc arc six rooms and bath. glass en-
closed sun parlor. attic with space for
atother room. steam heat instantaneous
hot water heater electric lisht and ths
flrest parquet floors Tho streets have
asphalt pavement curbs. sidcwalks and
sewers. The property Is on high grouud.
as the name Of the section implies. The
houses are surrounded By good private
dwellings, with plenty OF stores. schools,
churches and theatres right az hand.
The Crescent Athletic Club, Marine and
Field Club and golf links are but n
short distance away, while Coney Island
minutes ride
The New York herald., 1921-01-30

ers In buying material far ahead OF
time at prices much lower than now
prevail, and because OF It's organization,
based on twelve years OF experience IN
building houses. the owners have been
able TO eliminate waste and get values
dollar for dollar Into their houses Tho
houses have been selling rapidly at
figures admittedly below their replace
ncnt va,uc. The owners believe that
the public Ia not interested in the fact
that builders can put up houses eco
nomically IL they do not pass on the
benefits OF their experience i'm the shape
of lower prices.
Each house has a first floor of tapes
try brick. with stuoco above. ana o slate
ana ooppsR rock rrivats drivsvNya
The New York herald., 1921-01-30
0 HOUSES TINS TYPE HA gus1 peg g eyHa ed d ASSOCIATES eu

One Of the biggest and best known
housing Developments In Brooklyn has
been completed by the Realty Asso-
ciates in Bay Ridge. The accompany
ing pictures show some OF the forty one
family houses In this development,
which include I've corners at Sixth ave
nue., Slxty-eiehth and Sixty-nirth
etrccts The properties arc adjacent %
the Bay Ridge avenue sta ton OF tho
Fourth avenue subway. They are ~
half hour run from the heart OF Man
haitian. In addition the residents of
this section have the Third avenue Il"
service as we'll as the Third. Fifth and
Eighth avenue surface lines Of the
b, r. I.
Bsoaus. Of ne foresight % tbs own
The New York herald., 1921-01-30

Tennessee mable is used principally. the
method Of treatment being appropriately
simple. Every advantage has been seized
to give the structure the maximum
amount of space. light and air.
Situated In n district rich in historic
memories. it was thought fitting that
the entrance to the bank should in some
The New York herald., 1921-01-30

ings containing about IL, 900 square feet,
with plot of 3E acres. fronting on the
Central Railroad about 1000 feet.
Oscar w. Bate sold to III. Il. Van
CleNo his Montclair residence on n plot
with a frontage of 100 feet. Simpson
Merritt Company were the brokers.
Eugene V. Welsh leased TO Harry w.
Foster three story brick building at
the corner of Washington and Bank
streets, Morristown, y. ]. Through the
same broker Martin Farino purchased
the dwelling on Clinton place. Norris
town, from Markaret Il. Kane and
others.
l.. N Nicholson Co. sold IN Lynd-
hurst, N. J., to Charles Kirchner. a plot
on Page avenue. b0xf50: 70 James A.
Harris, q Ave room -~vni-bungalow on
Post avenue. on plot 35xi.o to Ethel
O'Connor. a six room house on Post ave-
nue., 35x129 to Henry A. Borghard. a
six room house on Post avenue. 35x129,
and to David Peterson. six room
house on Riverside avenue. 37x114; also
to Mrs. Bellar, an eight room house on
Donaldson avenue, Rutherford. 37.6x150
Fish C Marvin sold for William IL.
Atkinson of the Metro Pictures Cor
porHtion his residence at Larchmont,
". Y, to Anton +. Baarslog; also for
John G. Hansen his bungalow at Larch-
mont to Richard b. Bevier OF Brooklyn.
The same brokers also rented for Mrs.
Edith c. Grant her residence in the
Murray Hill section of Scarsdale to
Julian A. Harris of this city.
Burgoyne, Hamilton & Adrian Iselin
2d leased the r. II. Post residence, in
East Wiliiston. l.. l.. 10 client in this
city.
Market JottIngs.
II. l.. MoxIey &. co. represented the
owners OF 800 Broadway IN tho lease TO
the metropolitan Bank. Shoe and heather
Branch, of portion of the ground floor
in 800 Broadway. Baldwin n. Schupp.
the president of H. l.. Moxley G. Co..
who conducted the negotiations. said yea
terday that q number of banking inter-
ests were negotiating for the premises.
which hastened the closing Of the deal
wheraby the Chemical Bank purchased
the Shoe and Leather building at Broad
way and Chambers street.
II. w sullivan OF Yonkers has opened
O brolsrage office in 500 Fifth avenue.
Walter J. Burke. with Edward G. ".
ycgler, negotiated the sale for the es-
tate OF Leonard Lewisohn Of the four
story dwelling 1o7 Riverside drive. TO
X. Sapio.
r. II. Clark Realty Company, Inc.
have been appointed managing agents
for AZ Lexington avenue
Robert Miller Is the buyer of the
apartments at 509-513 West 10th street,
sold recently
The house at 304 Madison street, sold
recently. was bought by Jacob Farber.
staten Island Market.
w. 8. Il. Hall sold at St George. s. L.,
for Mrs Mabel r. warde Of Florida, the
dwelling at 12s Bard avenue. TO Walter
Lambert
The New York herald., 1921-01-30
Suburban transactions.

The New Jersey Machinery Exchange
purchased the property of the Allaire
Corporation. opposite the
Central Railroad station at Farming
dale. ". j.. through Louis Sohlesinger.
inc. rt consists Of several factory build
Norwich bulletin., 1921-11-12
SUSPECTED OF BUYING
POISON TO PUT IN MILK

Cleveland. Nov. 1l-Police tonight
were searching for persons responsible
for the distribution OF ''stickers" On walls
and posts offering a reward OF 5000 for
information concerning the identity Of
persons alleged to have nut poison IN
=-,ilk and purporting 10 be signed by the
1elling-Belle Verno ncompany. whose 500
milk wagon drivers are on strike.
f. NJ. CHM. an attorney and secretary
of the company, and L. r. Pulliam. treas
urer. reported TO the police that the COM
pany was not responsible for the stick
ers."
Two men who purchased rat poison at
a pharmacy tonight were taken into Gus
tody. According 20 the police they ad-
mitted they were strikers and had been
doing picket duty. They were held for
investigation. The drug clerk reported
several others had Durche ed the poison
during the evening and mis- suspicious
were aroused when they could give no
reason for Il.
number Of the company's strikers
were arrested here in connection with The
destruction by fire Of the company's plant
at Wellington. o., early today. but were
released. J. H. Coolidge. Jr.. vice presi-
dent Of the company. refused 10 place the
blame for the fire. which he said caused
damage amounting to 100000. until In
vestigators he sent TO Wellington made
their report
Norwich bulletin., 1921-11-12
WEDDING.
Mullins-Hosey

Miss Margaret Hosey of Rockville and
Carl Mullins of Stafford Springs were
married Thursday morning at st. Au-
gustines church, Hartford. Rev. Charles
Hosey of Bridgeport, a brother Of the
bride, performed the ceremony and sang
the nuptial high mass. Miss Mollie Elan
merry of New Haven and Francis Mullins
Of the Bristol, cousins of the bridegroom
were the attendants. Bernard L. Mullins
brother of the bridegroom, sang 20 Prom
Use Me-. Mrs. James Grady also sang
The brides dress was of white chiffon tat
eta, trimmed with pearls Her veil was
fashioned in cap style Of tulle and corb@
net of lace and caught with bandeau
of pearls. She carried shower of brid-
al roses and -of-the-valley. Miss
Flaunery wore Alice blue satin with a
hat to mateh. She carried Ophelia roses.
The bridegroom was graduated from the
Hartford High school Ind Business col
lege. The bride was graduated from St
Francis's hospital Training Scht u for
Nurses, Hartford A reception was Civ
en- at the Hotel Bond, following the GER
emony Mr.. and Mrs. Mullins left soon
atferward for a zYeddfng trip. Upon their
return they will live at No. 259 White
street, Hartford, Both Mr.. Mullins and
Miss Flannery were. nurses at United
States Public Health Hospital No. / in
Allingtown.