The New York herald., 1921-01-06
REAL ESTATE NEWS,
NOTES AND GOSSIP
Operators Take Title to John
stOn Building-0ther Inter-
csting Transactions.

Harris & Maurice Mandelbaum and
Fisher & Irving j. Levine. who last
March bought the seventeen story john
ston Building at 80 to 36 Broad street
ard 80 and 32 New street. comprising
the southerly block front on Exchange
place. have acquired title to the prop
erty in the name of the Johnston Build
ing Estates Corporation. The property
fronts SS1 feet on Broad street $40
feet on New street and 1870 feet on
Exchange place. and was transferred py
Francis j. Malt and others, trustees
There is first mortgage for Sl.20V,OOO
on the property and the sellers allow
second loan of $1,S00,0o0 to remain at
per cent. interest. This loan is pay
able in instalments.
VIII Take over 13 East AID Street.
The five story building at 13 East
Forty second street Is likely to pass to
new lessees as indicated by the forma-
ton of the 13 East Forty-second Street
Corporation at Albany. with L. NJ. Fox
d. b. Goodman and j. Zubow as direc-
tors. A lease of this property is held
by the National City Company which
adjoining. There has been no sale of
the parcel which is owned by Adolph
Lewisohn.
The High Twelve Club, a downtown
business mems Masonic club, has Sc
cured an option to purchase the three
story building at 3 Rector street for
$500. 600. The club already has a men,
bership of more than 1000, and an ad-
ditional 1000 is being sought in order
to take over the property. The officers
are George S. Goodrich. president Her
Anan Knoke. first vice-president; Will
Am G. Becker. second vice-president;
n maid +. Sherman. secretary, and j. d.
Shley. treasurer.
Atobert Adamson Buys Estate.
Ro bert Adamson, former Fire Com
miss h'ner. has purchased the Josie Hen
drick aen estate of 119 acres, on the Red
Bank road, overlooking the Narrows
and New York Bay. Mr.. Adamson will
erect modern residence on the eleva-
ton who're the old farmhouse is stu-
ated. TIM estate is between Middletown
and Red L'ank. N. J. Thornton Realty
Company ca this city has purchased the
Harold Claus property on the north
side of RunNon road, opposite the Rum
son Country Club. Rumson, n. J. Mr..
Claus. who was planning extensive al
terations to tina estate, died last week.
In the dwelling Market.
Ernest T. Bower sold for the estate
of Anton Liebler the three story dwell
ing at 4o5 West 726th street, 25x10O;
also for Mabel A. Richardson the similar
adjoining at 403 West 126th
street
Ward Belknap & aon sold for the
Central Union Trust Company the three
story dwelling, 1sx100. at 249 West
121st street. The purchaser is the Merit
Realty Company, Marcus l.. Osk presi-
dent.
Gaines. Van Nostrand & Morrison.
Inc. sold for John II. Jackson the three
story house at 141 East Forty-fifth
street to Boring. Tilton & Greene, archi-
tects. The house has been, altered into
offices and apartments.
Thomas r. Crawford and L. T..
Thomas sold 537 West 147th street, a
three story dwelling
ings at Al and 43 West E1eveAth street,
45xl033. This property has been in the
hands of the estate selling for seventy
five years.
William Ward Jones sold for the
Simon j. Barclay estate. represented by
Charles 5. Runk as executor and attor-
ney, the three story house, 25xl00, at 1876
West 129th street, TO the Merit Realty
Company, Marcus S. Osk. president;
also sold the three story house, 1cxl0o, at
14l East Forty-seventh street. for Clar-
enoe ]. Lynch to Mr.. Cornelius j. Gal
lagher