The New York herald., 1922-10-01
FLAT ON WEST SIDE
BOUGHT BY TENANTS
Six Story House ON Morning.
side Drive Taken Over BY
"a Stockholders.
LIGHT TRADING In CITY
Jones Street Loft Purchased
by an Investor; Other
Deals Reported.
LIGHT TRADING IN CITY

TT HE MONT GEMS Apartments.
i Inc. corporation consisting of
twenty-four tenants, has pur-
chased 54 Morningside Drive, southwest
corner OF l16th street. six story ele-
vator apartment. 90x100. The house has
four apartments on floor, consisting of
five, six, seven and eight room apar rt-
ments, and the twenty -four tenants
bought stock according to the size and
location of their apartments. The house
has an uninterrupted view of Morning
side and Central Parks.
The officers of the new Corporation
are: Alexander J. Field Of the law firm
of Davies, Auerbach & Cornell presi-
dent; Maynard w. Hamblin, renting
agent of the Western Union Telegraph
Company. vice president: Prof. Clinton
walker Keyes of Columbia University,
secretary and treasurer.
SPOTS & Starr, Inc. were the brokers'
In the transaction. The same brokers
In 1921 sold on the cooperative plan the
La Touraine Apartments, at 50 Morning
side Drive, to tweny-four tenants. and
In 1920 the Spencer Apartments at 52s
West 121st street to twenty-four tenants
and the same year Woodrow Court, a
block front on Broadway. 169th to l7oth
street. accommodating SO families. The
aggregate value OF these cooperative
apartments sold by Spotts & Starr. Inc.
is nearly $2,000,0oo
Other Apartment Deals.
Ward Belknap & Son sold to the Dor,
mond Realty Company. Simon Afyer,
president, the four story tenement, with
stores, 26x102.2, at 3l1 East Seventy.
NTH street, for the estate of Louis A.
Heinsheimer.
The Two ana -Four West 1fsth street
Corporation. with M. Farb, M. Deruner
and J. Kessler as directors, has been
formed to take over the property at that
address, five story double fiat, with
stores 6lxb0, at the southwest corner of
Fifth avenue. The Goldsou Realities.
Inc., holds title.
Cruikshank Company sold for the
estate of Edwin A. CruikshanIS to Sig
mund Taub, northeast corner of Third
avenue and 10th street, so feet front on
Third avenue by 110 feet deep, with
three tenements and stores.
The Frank L. Fisher Company sold
for Zadah Howard Reakirt the six story
elevator apartment house known as the
Ludington. 205 West 101st street, to
Nathan Nemerofsky for investment.
The property was held at S175,o
Investors Buy Jones st. Loft.
n. ". OTId, With OTulkSnank Com
pany. sold the seven story loft building
Jones street, to a client, who will re-
model 1t for investment. l.. Porrino
represented the purchaser, in conjunc-
ton with Mr.. Orza.
Doclger Estate In Deal.
The southeast corner of Thirty-fourth
street and First avenue. a three story
building, 25x100 has been sold by, the
Peter Doelger estate to A. Levin and /.
Strauss. julius Fine, attorney, repre-
sented the purchaser.
To Sell Columbia Oval.
Columbia University having recently
acquired. through the generosity or
George r. Baker, twenty-six acres at
21Sth street and Broadway for a. new
athletic field, has no further use for the
Columbia Oval property In The Bronx
and will subdivide II into building lots
to be sold at auction through Joseph Il.
Day on October 26.
The oval. comprising about 225 lots
in the vicinity OF Gun Hill road, Balm
bridge avenue and East 211th street,
was acquired in 1896. In 1917 the oval
was turned over to the Government as
q site for General Hospital No. 1, known
as the Columbia War Hospital. CO.
lumbia University and its friends at that
time raised approximately 100000
toward the erection of the hospital build
ings. which have since been removed.
Leases Billings Mansion.
Cushman & Wakefield. Inc. leased
for Mrs. Mary Clark Thompson. the
Billings mansion. q four-story dwelling.
94.sx100, at 27e Madison avenue. north
east corner of Fortieth street, to Mrs
Maude Ames. who will remodel fer
bachelor apartments and a tea room.