The New York herald., 1921-12-24


thority on real estate subjects and au-
thor OF the now famous phrase
through sources heretofore unfailing
IN accuracy" gave his hard worked
typewriter brief vacation yesterday
while he unloaded five story tenement
house at SO Broome street onto the pro-
fessorial shoulders of Henry j. Bar
rows.
Mr. Barrows. it is reported. had never
before left the cloistered precincts of
the big university where he teaches to
sniff the atmosphere In the real estate
market. lie did not say whether he
found the air stimulating, but he il
alleged to have signed the contract
while he was under the influence Of
trading gas.
Mr. Molesphini would neither affirm
nor deny the rumor. but there is no rea-
son why our source OF information.
which has never failed us heretofore
should choose this particular moment
to trap US into an inaccuracy. Nor Is
there any reason why we should not
accept the news of the Molesphini- Bar
rows deal as evidence of the establish
ment of real honest to goodness in
telligentsia in the real estate profess
sion.
The block front on Avenue A from
Third to Fourth street. sold recently
by the William Waldorf Astor estate
Will be improved in part by the now
owners when they take title, and the
balance OF the contemplated improve
ments will be carried to finish as
possession is obtained of the remainder
of the plot.
4 Iaf-tt, te,
as broker with the Federated Realty
Brokers. Inc.
Edwards. Dowdney & Rchart have
placed a mortgage of $4,000 OH 81 and
50 Post avenue and a loan OF $500 on
the northeast corner of Clay avenue
and 167th street.
Lillian G.. Johnston was the broker
In the sale OF SG2 10 3e6 Broome street
to the Meister Builders. Inc. reported
yesterday.
Sidney l.. Warsawer was the broker
in the resale OF the small gore lot on
Cathedral Parkway, adjoining the
southeast corner OF Broadway, to the
Fox Theatrical Enterprises.
William +. A. Kurz is the buyer of
the lot on the west side of Morris ave.
nue.. 144 feet north of 16ith street, sold
recently.
Joseph Paproclki is the buyer of coo
East 1S6th street sold recently.
Dietrich Klingenberg is the buyer OF
90 Amsterdam avenue, northwest cor.
ner of Sixty-second street, and Alberto
Baratta of 1872 West Houston street
sold recently.
John Peters negotiated the sale for
Cosnlc Holding Corporation to Alois
Herde of 2l2 East Twenty-sixth street,
three story dwelling.
John p. Peel Company was the broker
in the sale for Joseph NJ. Pregenzer
to Leatham Mehaffey of 425 West
Seventeenth street. q plot 50xe2. The
same broker represented the purchaser
of A West Seventeenth street, five
story loft building. sold by the Colunl.
bia Trust Company. as trustee. Nego-
tiations are pending for resale.
Lawrence. Blake & Jewell have placed
for the Jatison Construction Company
first mortgage Of s250.UOO on 30 to "a
West Thirty-slxth street. nine story
apartment house. containing twenty.
seven suites of sixA and seven rooms,
and valued at s5000cs.
Tho New York Title and Mortgage
Company's volume of business for the
current year has been the largest In
the company's history. This has made
1t possible, President Harry a. Kahler
announced yesterday, to pay a double
profit sharing dividend TO employees at
Christmas.
REAL ESTATE At AUCTION.