The New York herald., 1922-01-08
HECKSCHER BUYS
9Th AV. LEASEHOLD
Acquires Fee to Building at
Corner of Fortieth Street;
Other Deals Reported.

and ]. L. Robertson. August Heckscher
nue. property to his list OF holdings in
that section. He has purchased the
leasehold OF the Knox Building, at the
southwest corner OF Fortieth street and
the avenue. from the Fortieth Street and
Fifth Avenue Corporation. which Is con-
trolled by Benjamin Mordecai and e. C.
Potter
Two years ago the sellers leased the
Knox Building from the Farmers Loan
& Trust Company for a period OF twen-
ty-one years with renewal privileges for
similar term. The rental for the en-
tire forty-two years totalled about
100000. In taking over the building
for the unexpired term Mr.. Heckscher
will have the benefit OF the alterations
me- de by the Mordecai-Potter Company.
| The Knox Building is ten story
structure fronting 33 feet on the avenue
and 110 feet on Fortieth street. The
basement, ground floor store and the
sixth floor are occupied by Knox the
halter under a lease which has about
six years to run. Mr.. Heckscher took
Anahma Realty Corporation. which is
one of his holding companies. His law
yer in the deal was William Dickinson
Hart of the firm of Plstt. Field, Taylor
G. Patterson. Sidney b. Cardoza was
attorney for the sellers.
Multifnmily Property Sales.
Meister Builders, Inc. have purchased
through Eisman Lee, Corn and Levene
the six story apartment house. 40x70,
with six stores, at the northwest corner
of Forty-eighth street and Second ave-
nue. The property was held at SIS, 900.
l. G. Johnson was the broker.
Purchase has been made by the newly
formed Mott and East Houston Streets
Realty Corporation Of. D. Paoli. j.
d'Anugelo and p. Mato) of three five
story tenements with stores, 63.4x76X
! irregular, at SO and 55 East Houston
street and 293 Mott street. forming the
southwest of those thoroughfares. The
new company was represented by Alex
ander Bloch. attorney.
j. c., Hough & Co. sold for Benjamin
Silverfine the six story apartment
house at 220-222 West 111th street,
62.6x71.10. renting for $4,000 and held
at SIS 200.
Irving Bachrach end Ira Rosenstock
sold TO Kopel Liff East 115th street..
five story tenement with two stores.
25x100.
ChiIds Co. Buys Sixth Ave. Bldg.
The Childs Restaurant Company has
started an own your own business
home" movement. Yesterday the COM
pany purchased from the estate Of the
late Oscar Hoyt. Bryan L. Kennedy,
trustee. the premises on the west side
80 I, 4
Fifteenth streets, held at 100000. and
consisting of four story building with
q one story extension, 20x100.
Bronx Market Reports.
Richard Dickson sold for y. Winter
roth. northeast corner of Briggs avenue
and l99th street. plot 15x100, with two
family dwelling.
Alexander Sellsin and Samuel Hoch-
stein sold for +. Calgagno the four story
brick four family dwelling at 954 Leg
gett avenue, 25x100.
Barnett & Smith have purchased for
a client the block front taxpayer site on
Bassford avenue between 1s3d and
Fletcher streets; also a taxpayer site
with n 45 foot frontage on Decatur ave-
nue. near Fordham avenue a ten room
house at Marble Hill avenue and st.
Charles place. and a taxpayer site. 50x
100. on the southwest corner of Ogden
avenue and 10th street.
wf Brooklyn Transactions.
M. Rosenthal Company sold to L.
Kraus three story house at East Ninth
street near Coney Island avenue, Kings
Highway, held at $4,000.
Realty Associates sold to T. l.. Farrell
q two story dwelling with garage at
622 Sixty-elghth street.
Bulkley & Horton Company sold 53s
Monroe street. a two and a nalf story
residence 20xS0, for A. Marinoff.
The Prudence Company. Inc. has
closed n first mortgage on the property
occupied by the Sterling Piano Company
on the southeast corner OF Fulton street
and Hanover place, in the busy down.
town shopping and business center OF
Brooklyn.
Lawrence, Blake & Jewell placed a
building and permanent loan OF $780,
at per cent. for ten years on the south
west corner OF Thirteenth avenue and
Fifty-hfth street for the erection of
four story apartment house. 100x120.
The operation will involve 100000.
William E. Harmon & Co. sold plots
in their East F1atbush tract TO Morris
schein, Joseph Cochin. Michael de
Malta, Louis Casino. William Z. Kane.
Frank Vitalo. Pasquale Franco. Mario
Scoma. James Fitzpatrick. David Kill
patrick, Samuel Schuller. Henry Keil.
Morris Reitmeister. Luigi Vassallo
Harry Berger. James J. Karger. Joseph
Bongerino. Savario Chiofalo. Benjamin
Prudential, Rosa Berdy. Vincenzo Pas
quale. Agostino Rugiero. Louis Berger.
Anthony Roberts. Paul La Sale. Joseph
Quartano. Morton w. Sass Consaglio
Laurea, Joseph ]. Delspa. Frances Ro-
mano. Frank w. Weiss and Thomas ].
Wright.
Suburban Market.
A. +. Williamson. president OF the
MANUFACTURERS Liability Insurance Conn
pany 81 Jersey City. has purchased from
@. A. Richardson. chairman OF the Penn
syivania Coal Company. the latter's
twelve room residence at 149 Upper
Mountain avenue. Montclair. N. ]. The
property was held at $4,000 The house
Is situated on a plot. 1s4x200. with gar
dene. lawns and terraces. The sale was
negotiated by the Frank Hughes Com.
pany OF Montclair.
w I Madden agency rnanarcr FOR tho