davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-11-26
PERSPECTIVE of BxlL DzYG
to be ERECTED By Nze1p H0Rk
ckV7RRL RSTR2DE- of p4Rk
eRpEN2lE
RpENuE

nue. and $5,a25ooo on the plan first
proposed by the city.
The price of the land and ease
n2ents is based on the valuation placed
upon vt tor purposes OF taxation by the
city, which has been assumed to be so
per cent Of the fee vaiue.
The advantages to the city as the
result of the negotiations are per-
petual roadways south of Forty-fifth
Street, clear headroom of fifty feet
| over both roadways through Park Ave
nue., which is about the height of the
arch through the Municipal Building
on Chambers Street, the purchase of
the easement for Vanderbilt Avenue,
from Forty-iifth Street to Forty-sixth
Street, for 81, and the construction
Of this portion of Vanderbilt Avenue
at the expense of the company. This
| easement was originally estimated as
worth $414,000, and the cost of con-
struction at $4,000, or total of
| $806,000 all of which is now assumed
by The company.
The plan also provides for the re-
| tention by the city Of the easterly
roadway on Park Avenue from Forty
fifth to Forty-sixth Street, twenty five
feet in width, with a ffty-foot head
room and for twenty-five foot road
way between Forty fifth Street and
Forty y-sixth Street on the westerly side
of the street, with fifty-foot head
room. An easement is also allowed to
the city OF fifteen feet on each side OF
the street between Forty-fifth and
Forty y-sixth Street for sidewalk pur-
poses.
"Originally the railroad company in
sisted that the city purchase Wander
bilt Avenue from Forty-ifth to Forty
sixth Street, and construct a roadway
at cost of $414,0O0 for easement and
$392,oO0 for construction, making to-
tai of $806,000 Under the present plan
the railroad company will sell to t
city for 81 the easement and pay the
cost OF construction.
The land which the New York Gem
trail Railroad Company desires the
city to turn over to it or Park Ave
nue is not wholly city property in
that The railroad company has Virtual
ly perpetual lease for the sub-sur~
face rights. In view OF the fact that
I the railroad company owns the lands
ever which the necessary easements
must be acquired, and uses it for rail
road purposes, the city has no power
to condemn them. In 1921 an attempt
was made to have the Legislature give
to the city the power to condemn these
necessary easements, but it failed SO
that as the matter stands al present,
the city cannot obtain these easements
through condemnation proceedings and
the only method open to it to obtain
Them is by negotiation and agreement
with the railroad company
'Under the plan now proposed the
city will not be required to pay any
sum to the railroad company for dam
ages sustained by reason Of She change
of grade in building the viaduct road
way on Park Avenue, from Forty-fifth
to Forty-sixth Street
New-York tribune., 1922-11-26
Trading in Large
Apartment Houses
In Upper Manhattan
Flat on St. Nicholas Ave.
Corner Sold for Cash; g.
Story Building in Madison
Ave. i'm Reported Deal


Joseph G. Bassman, of the S. II. Ra-
phael Company, Inc, sold the north
west corner of 125th Street and st.
Nicholas Avenue, 100&l00, a six-story
elevator apartment with seven stores,
held for $35o,ooo.
Upon expiration OF leases the first
story is to be altered for business pur-
poses.
The property was sold for all cash
The eight-story apartment at the
southeast corner of Madison Avenue
and Seventy-seventh Street, 45x100, is
reported to have been sold By Jacob
Ilppmann. to Max Raymond for about
$285,o00
Charles S. Kohler, Inc. resold for
Ennis e. Sinnott, Inc, the Greylene, at
6l0 West 152d Street, a six-story ele-
yator apartment, 75xlo0, assessed at
Sl60,000, to the Erda Realty Company,
lnc., Gustav a. Kerker president, who
gave in part payment $50 West 184th
Street, fiye-story modern walk-up
apartment, 37.6x75, assessed at s140,-
600. Otterbourg. Slender & Houston.
attorneys, represented the Erda Realty
Company.
The Nativcl Corporation sold to Net
tie b. Keenan, the five-story fat. at 8
West 101st Street, 38x100.11.
Henry Beck sold the twenty-fanify
tenement at 4o8 East E'ifty-fourth
Street, near First Avenue, fer Henry
Young. The purchaser was represented
by Harold s. Budner.
Foot & Martin have sold to client
of j. Lemle the four-story apartment
at 1913 East Eighty-sixth Street, plot
3Ox100
The Rosement Realty Company sold
TO the Twenty eighth Street Building
Company the six four-story tenements
at 24S258 West 144th Street, 72x9a.11.
Jennie Kaufman sold to Isadore
Wollheim the five-story tenement at
27o3 Eighth Avenue, near l44th Street.
New-York tribune., 1922-11-26
Block Front in Yonkers
Bought for Improvement
Bank Negotiates for Corner
Space; Tpeater and Flat
Also Nav Be Erected

The block front at the intersection
OF South Broadway and Mclean Ave-
nue, extending to the Putnam Division
of the New York Central Railroad, in
Yonkers, has been purchased by Uf-
land e. Liftman. of this city, clients
Of Gettner, Simon & Asher, from the
Simon Borg estate.
Plans for the Improvement of the
site are now being considered. A bank
is negotiating for corner space, while
local builder has approached the new
owners for the purchase of part of the
plot at the southerly end for an apart
ment house site with automobile show
rooms on the first floor. Another offer
is from New York furniture concern
for section of the plot. A theater is
also talked of for the rear of the plot.
Gaul &. Kampfer and S. Lipner were
the brokers.
New-York tribune., 1922-11-26

from Fortjeth Street TO Forty
Street. and after the proposed changes
have been made the northerly limit
will be Forty-sixth Street.
"The city proposed that the new
roadways through Park Avenue should
be located next to the building lines
over the spaces now occupied by the
sidewalks.
"On the plan to close Park Avenue
the railroad company offers to sell
easements in Vanderbilt Avenue, from
Forty fifth Street to Forty-sixth Street,
for $1,207, 928. and to buy from the
city the remaining air rights in Park
Avenue and additional store space on
Vanderbilt Avenue, south Of F'orty-fifth
Street, for S1,28a.92S, leaving a credit
20 the city of 1000. The cost OF
construction is estimated at $2.24O,626.
The whole Improvement will therefore
cost the city $2,159,626, as against the
original estimate Of $4,099,234 on the
plan involving the closing Of Park Ave-
New-York tribune., 1922-11-26
Policy of Give and Take
Schemefor
Opening Depew Place;
Railroad To Be Allowed
to Span Park Avenue

A building fifteen stories high and
arched over Park Avenue is part of
the plan worked out by Borough Prcsi-
dent Miller and officials of the New
York Central for improving traffic
conditions around the Grand Central
terminal. Since last January Mr.. Mil
ler has worked assiduouslv on his
scheme, which he says will give the
public an elevated driveway around the
east side of the terminal, more street
space and the promise of the railroad
company to meet half of the expense
incurred IN making the Improvement,
will total more than $4,000, 900. : : '''S
Whether the plan Of Nv. M;)lar
and Amos schaeffer, his CHIEF enpi-
neer, will be carried out or not de-.
pends on the Board Of Estimate and
then on the Legislature. Albany will
not BLOCK the Improvement if the Board
OF estimate wants it. All required of
the Legislature is it's sanction to the
railroad to change the use of pronerty
"h1ch 1t secured under an act Of the
same BODY, a number of years ago.
Mr. Miller inherited the Grand
Centfal Terminal problem when he
zane INTO once last January. His pre-
decessors had worked on it. No chance
could be made in the fundamentals 81
ene plan, which was to get roadway
around the east side of the station ny
.hrough Depew Place, which the citv
ceded to the railroad in 1908 under tbe
railroad act of that year.
Policy of Give and Take
Reaiizing that the railroad had LEGAL
rights which had to be recogni@ed a 'ex r.. a.
miller decided on policy Of Give and
take, with the idea that the New ynrl4
Central might become more than mss.
slVely interested in the city's scheme
Tor lettering traffic conditions. AZ .
result ofsthis policy he believes be has
secured everything wanted and on rea-
sonable conditions.
Ihe building which the railro.a
p!ans to erect at the north end of the
station it the plan goes through womiJ
cover railroad as we'll as city propertv
II would span Park Avenue in Two
arches through which would stream
NORM Ell ana southbound vehicles.
hsse s arches would be fifty feet high
anu 80 1eet VIDE. On one side OF
each roadway would be a 1S-foot
wide sidewalk for pedestrians Az Atbot NV
the city will sell under this nlan ol
would be the air rights, for under % tba
:, Euriace run the tracks of the company,
For these rights and the store priv;.
leges along the arcade street and biph-
ways through the building the com
paniy will pay the city s1,2ss,e2s.
The building the New York Central
plahs would cover two square blocks
aho ne monumental in character.
Fofty,n1th Street would separate i.
from the Grand Central Fern,i,, 81
Iwentty-fve feet above the street level
VIII be bridges carrying north and
south heund traffic. These elevated
!, TT,oiaadiways will enter the building to
Forty sixth Street.
Speaking of the plan Borough Presi-
the plan provides for an elevated
ry rroaaWay IN Depew Place, starting at
forty-third Street and rising on an M
grade to the next level above Depew
Place and above Forty fifth Street.
after which it will turn to the west on
the north side of Forty-fifth Street
New-York tribune., 1922-11-26
Browne Says Let
Sleeping Dogs Lie

1t is a great mistake to foster
agitation for the repeal of the
rent laws in 1928. No legislator
from New York City dare vote
for it. Such agitation will only stir
up tenants to demand even harsh
er laws. Let sleeping dogs lie, is
my theory. Landlords can now
get 8 per cent income on assessed
valuation. which, while it ought
to be 10 per cent, is not killing"
---Stswart Brososse, president of
United Real Estote Owners As
soeiutioa.
New-York tribune., 1922-11-26
Eighth Avenue Next
Highway i'm Line
For Development
Stores, Hotels and Apart
rnents Will Be Erected
Between 3lst and 59th
Sts., According TO Expert

Eighth Avenue, between Thirty-first
and Fifty ninth streets, is marked for
great development in retail stores,
hotels and possibly apartment ho-
tells and apartment houses" says
w. j. Moore, president of the Ames-
lean Bond and Mortgage Company,
Inc. This company has indi-
Gated its faith in the possibilities Of
this district by assisting in the financ-
ing Of the twelve-story Claman Hotel.
at Eighth Avenue and Forty-third
Street, which is to provide accommo-
dations for 1000 men and which is
designed to help solve the problem Of
where New York bachelors are to live.
although five years ago there were
only a few outstanding buildings on
Seventh Avenue, the latest of New
York's longitudinal thoroughfares TO
be developed, to-day the avenue is full
of well known and strikingiy designed
buildings and practically every foot
OF frontage is developed in a modern
way. The arsenal corner, at Thirty
fifth Street and Seventh Avenue, one
of the few Seventh Avenue sites which
have not changed for many years, is in
the market now, it Is said. for the
erection of g twenty-two-story office
building.
Rents Record Progress
"This quick development OF Seventh
Avenue will be closely followed by
the progress of Eighth Avenue. 1t is
recalled that in the last three years
store values on Eighth Avenue have
increased goo to 500 per cent. With
the first coming of chain stores on
Eighth Avenue, retailers seemed to
sense the possibilities of this section
and ii was their immediate response
which led to the great rise in the
values.
"The fact that Eighth, Avenue is
. through street, extending from
Abingdon Square north to i56th Street
and the Harlem River, including the
Central Park West stretch, lends even
more to its development The elevated
road eliminates Sixth Avenue as an
improved street. Seventh, Fifth ave-
nues and Broadway are practically
complete and Madison Avenue is being
improved rapidly.
u predict that within few years
here will be plans for other such
buildings on Eighth Avenue as the Fisk
Building, which covers the block front
an Fifty-seventh Street, and the Har-
riss- -Colonnade Building, covering the
to Fifty-eightf Street
block front. There also will be
scattering of hotels and apartment
hotels which will make this avenue
rival its neighbors which have been
ong famous as business and social
streets. Many holdings of the Astor
sstate are located near the Claman
hotel at Forty-third Street.
The Clarnan Hotel viii be ready for
occupancy in March. The construction
# the hotel is proceeding rapidly and
he exterior is finished. Within few
weeks suite OF rooms will be ready
or public inspection
New-York tribune., 1922-11-26

inS TO person. Should he become part
of a copartnership and wish TO trans
act real estate brokerage business
IL becomes necessary for the copart-
nership to apply for a license and
pay the full license fee. indicating.
II they wish, the person who Is
TO act for them as the individual
licensee; and should that individual and
others who may be licensed form cor
poratton the licenses issued to them do
not give them the privilege to act for
the corporation, and it becomes neccs-
saray for the corporation to apply for
license, indicating to whom they want
the brokerage privilege given and pay
ing the full license fee.
There IS no provision made for the
transfer of brokers' license in the
statute. As an example, two corpora
, tions merge. The merged corporation
loses its identity and the licenses are
cancelled. 1t is necessary for those
who represent the merged corporation,
1t they wish to operate in new COM
pany, to have the company apply for
additional licenses for them and nav
the license fee. Directors or officers
OF corporations cannot secure sales
mems licenses.
What Constitutes Non.Residenee
"The license of salesman unon
termination of employment, can be
transferred 70 his new employer. This
happens to be SO regardless of who
pays the license fee. IL the EMPLOYER
pays the fee for real estate sales
man and in the course of a week that
salesman leaves his employ, unless
Shere Is some arrangement between the
salesman and the broker, the broker
loses $5 and the salesman can apnlv
Tor a transfer of that license to Els
new employer. I mean by that he
can nave a new salesman's license in
ulcatlng his new employer without an
addltional fee. If the broker who nays
that fee discharges salesman for
wnom ne pays it and wants to substi-
Eute another man in the place of the
oisSnar rged employee, he must pay an
change employment for salesman,
broker.
"A person who lives outside of the
state, but whose Office for doing bust
ness IS in this state, is not a non
resident within the meaning of the law.
"A nonresident is nonresident corpo-
fatlon, meaning one organized outside
OF tne state, and also one whose prin-
cipal place of business is outside of
the state.
I'VE are concerned entirely with
where the transaction takes place. If
broker within the State of New York
opens negotiation for property To-
Gated IN Connecticut, New Jersey, Flor.
ida or wherever it might be, az long
as nc operates in this state he has to
nave license. That is a broad ruling,
but l think it is the only foundation
we can rest on. This also applies to
the publication of advertising in rela-
tion to outside property
New-York tribune., 1922-11-26
Sales i'm Eleventl, Ayen,,e

M. Morgenthau, Jr., Co; Everett M.
Seixas Co, Consolidated, sold for Frank
J. Mensing the southeast corner Of
44th Street and Eleventh Avenue.
known as 5ss Eleventh Avenue, to the
Eleventh Avenue Corporation, q New
York corporation recently formed. The
property is q four story building. They
have also sold for Jean Fleury property
5s2 Eleventh Avenue to the same cor
porr;ation. This building 10 four story
with stores. 2e.5x65.
New-York tribune., 1922-11-26
Realty Concern Members
Hold Dinner and Dance
Affair Held Atop The New Mum
SON Building. in Wall
Gx~oas

An unusual affair in Wall Street at
night took place last week when the
officials, employees and friends of AL
bert 3. Ashforth, Inc, and Stephen Fl.
Tying jr. & Co, Inc, held their annual
dinner and dance on the top aoor Of
the new Munson Building.
a r'onologist and magician, besides
a quartet and solo singers, made up
part OF an attractive entertainment
program, which was followed by dane
ing. About 120 were in attendance
New-York tribune., 1922-11-26
Building Managers Get
Ticket for Next Year
Louis b. DALEY Nominated for
President of the Assoc
citation

The nominating COMMITTEES Of the
Building Managers and Owners Asso.
citation has placed the following ticket
before the members.
For president, Louis q. Daley; for
vice-president, William s.. Denison:
Tor Secretary, Charles u. Forster, and
for treasurer, Jeronle 6. Young.
FOR members Of executive committee
1928. Edward X Van Wrinkle. Thee
dofe l.. Wangh, j. Arthur pinchbeck
and J. Clydesdaie Cushman.
Maurice r. Spear was nominated TO
FL the uneSpired term of Leslie II.
Moore, who resigned as member Of
the executive committee.
New-York tribune., 1922-11-26
Ruvi.,s isl the Rrenx

The Wood-Doisou Company, me,
through its representative, s. D. Moss.
sold for the ]. & ~ Improvement Com
pany, Louis Epstein president. twes
story building containing eight stores
and thirteen apartments, at IT'S TO ISL
East I6eth Street. The purchaser IS
Samuel Hprwitz, The property was
held a. Si2O,0oo.
Armstrong Rrothers sold 1856 par&,
side Place. two-fainily brick dwell-
Ing, 25xl00, for Henry aid Henrietta
Knorr to Mary Curtin.
The Hudson 2. Rose Company purs
chased from Elizabeth M. Hart the
swo-fanily dwelling al 3I5 Locust Ave
nue.
New-York tribune., 1922-11-26
Z. S. Burke Heads Yonkers
Chapter of Real Estate Board

The Yonkers Chapter of the West
chester County Real Estate Board
has selected officers for 1923, as fol-
lows: Thomas S. Burke, president; Ed
win j. Goodhart, president; Ed
ward G. Head, treasurer, and Fred A.
Kempfef, secretary The governors
elected are Edward P Baker, Mathew
A. Broderick and Patrick ]. Christie
nhar
New-York tribune., 1922-11-26
Home of late Col. Augustus
G.. TYLER 10 Go at Aucs;a,,

The residence Of the late Celonsl
Augustus Cleveland Tyler, son of the
late General Tyler. is TO be seld as
auction on the premises in Aow Is0n.
Con, genil., on Saturday next Aythus
G. Sheridan will be the auetieneer.
New-York tribune., 1922-11-26
Rents Home i'm 77th Street

Pease& Gilman leased for Mrs. G.
S. Runk to Harris Parr the five-story,
25-foot American basement dwelling at
10 West TTth Street.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-07-24
EVERYTHING
ABOUT SET
FOR BATTLE

NEW YORK. July ss.--.with the
AZ testing Of the nsw lighting syx.
tenn and the erection Of tho ring to.
morrow. the bix stadium In Jersey
city VIII be ready for si~ Leonard.
Tender fiEh, Thursday night. Tex
Richard said today.
Advance scat sales indicate q
total astendancs OF 10000 and re.
ceip's Of close 70 $500. GOO. RIckard
ssid.
Both fighters have reaeiwd the I'm.
inhing stages Of their training and
both were reported 10 be under tina
iss pound. that they win have 10
scale before tho public eight honrs
bcfor~ they so Into tho ring.
Regardless of the outcome Of The
preliminary bouts. tho New Jersey
commission has announced " will
have the two principals IN the ring
~ 80 o'ciock and that they viii
he fighting before 10. They want 10
hav~ the battle finished ~ tho latest
AZ io'bo 70 avoid late congestion IN
leaving the arena.
L~onard Il 60 fAvorste In sisc
betting 10 win tho popular decision.
while l 20 IL helng asked tina,
Tender VIII be knocked out.
Harry Ersie. the wfcres. ~ 10 visit
the Leonard camp at Budd lake TO
day 10 explain recent changes Ia the
Jersey rules 10 the champion. and
tomorrow he win 80 TO the Tender
camp AZ Dclance.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-07-24
to
Be Coach
for Dives
Star Swimming Manager
Will Visit Beaches Next
Week

"nAD" HENRY. manager OF The
~ Star swimming meet which
with be held newt month. IL one OF
the best diving authorities In the
Northwest.
Thia year the diving event IN The
Star swimming meet IN tho senior
events VIII be from a 2s.foot board.
the first high diving 70 be held here
IN more than three years. The Junior
diving Will be from a iofoot board.
Henry will be at tho different fnu.
niclpal beaches one week from TO.
morrow. August. TO explain the div.
ing rules TO contestants. He wlil
adopt the following schedule. Green
Lake between 10 a. m. and noon.
Madruna. y. m. Mt. Baker. p. m:
seward park. Z ., m.
Entries for the meet close August
6 and the biz field Of Seattle swim.
mars expected to enter should speed
up their entries.
Befor. entering, ali swimmers over
10 years ~ age must remember that
they must be registered with the
A. A. u. These cards can DO oh.
sained for - cents from Earl FRY az
Piper a Tafts
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-07-24

IL open golf championship were
won In a single day. Jock Hutchinson
might have been considered n cham.
pion before half Of his opponents had
even started TO quality. His two
rounds in the first day nt Stoke
s7.6s-isb-wore no remarkable that
they may stand an long az Jock lives
and longer His cronies and oppo.
nents stood aghast when he had fin.
ished. and no wonder. Hutchinson.
who had worried over his play at
Stoke. had talked OF n card OF $50,
He beat that mark by rs strokes
with golf no one who saw II will
ever forget.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-07-24
BIG DEAL. Is
Planned BY
AMERICAN

NEW YORK. July 1s.~~Wtth THE
~ pennant slipping out of their
grasp. tho New York Yanks reached
out last night and grabbed Joe Du.
gan and Elmer Smith from their
prominent ally. the Boston Red sox.
Tho process by which puxnn and
Smith stepped out Of tho scrub cloths
into varsity uniform coat tbs
Yanks four players. Johnny Mitchell.
Chick Fewstsr. Elmer Miller and a
pitcher 10 be selected later.
No mention % cash was made pub.
Tic. but n ~ understood that tho
Yanks handed over sfco. 900 20 boot.
some large sum must have been
Involved. because Dugan alone IL
worth IN. three players already
snapped ard Smith II very valu-
able player.
Mitchell. young xhortstop. who
cost the Yanks 81. 900 and who has
never been used. was the most vaiu.
able player turned over In tho deal.
Tho Detroit Tigers were hot after
him early In the spring and he
might have drawn $4,000 on the
open market. Fewster and Miller
wsrs worth hardly moro than the
waiver price.
The Red sox probably win be civ.
en- their pick OF Sam Jones. Lefty
o'Doul or George Murray 20 com
pIetc the deal.
Bitter criticism over the deaf has
arisen ali over tho American league.
and n IA justified. No ono can
blame the Yanks for spending money
20 strengthen their falterinE club.
but II looks peculiar that they had
such ready access at all times 10 the
Boston Red Scr.
Without the help OF Boston the
Yanks would be- no place in the race.
ms Babe Ruth. Carl Mays. Hoyt. Sam
Jones'. Joe Bush. WaIiy schang.
Everett Scott - the main works OF
the whole team--have all been ~.
cured from Boston In the last three
years. In addition to players. the
Yanks must have turned over to
Owner Fraxcs al least $500 .0c0.