The New York herald., 1922-08-18


agents of the northeast corner of 206th
street and Tenth avenue. twenty-six
family apartment house containing
stores.
C. Carlucci & Co. have moved to ESQ
Madison avenue and have been appointed
managing agent for the row of tax
payers at 1S1st street and Walton
avenue.
Steel Realty Development Corporation
procured for Louis and Bernard
Schwartz a first mortgage of 100000
on their property at Corona Parkway
and Elsmere place.
Title Guarantee and Trust Company
announces that the mortgage market
Is such that it is prepared to supply
loans at 5 u per cent. In almost any
amount on desirable property in Man
haitian and The Bronx.
Thompson, Austin & Co, Inc. w L.
Thompson, president, was the purchaser
Of the Maranamay apartments, 611-6l7
West 112th street. The property car
lies mortgages of $4,000 and has
rental income of s3s,45O. NJ II. Gall
lard & Co. were the brokers.
Lawrence. Blake & Jewell have
placed with the Metropolitan Life In
surance Company for the King and
Winter Building Corporation a building
and permanent loan of $4,000 for ten
years at per cent. for the erection of
five story apartment house at 212e-21S9
Morris avenue.
The country estate and residence Of
the late Harris r. Childs on Long
Island Sound at Southport, Conn, has
teen purchased at public auction by
Alvan w. Perry for $4,000, as the re-
suit of bankruptcy proceedings by or
der OF the United States District Court.
Southern District. Joseph P. Day was
the auctioneer.
Buyers OF properties sold recently are
Fritz Kessel of les East EiGhty-eighth
street: Tilly Rice of 1853 West Eighty
eighth street: the Direct Leasing Cor
poration of 20s West 10th street. /. Max
Preuss o. the northeast corner of Tenth
avenue end 206th street. and the In
dependen. Fruit Auction Corporation Of
81 Harrison street. northeast corner of
West street.
Forest Hills Gardens Homes Com
pany. In,., has awarded the contract
for the construction of twelve houses
on Wnitson street between Puritan and
Ascan avenues. Forest Hills The group
will consist of six semidetached six
room houses, four semidetached seven
room houses and two detached eight
room horses. The contract has been
let to Roger Black & Co., Inc, 452 Lex
ington avenue.
on the east side o. Simpson street
$50 feet north OF Barretto street. a four
story community building will be erect
ed for the Hunts Point Talmud Torah,
Inc. acc ording to the Ward Building
Reports. 1t VIII contain a synagogue,
school, forum, gymnasium. etc. and Is
being designed by Buchanan & Kahn,
architects. Work on it will be started
/ in the fall.
The Metropolitan Life Insurance Com
pany authorized yesterday loans on
bond and mortgage for s3.500,000. of
which more than s1.300,000 were for
housing loans, si.25O,000 on business
buildings and s66S, 900 were farm loans.
/ The housing loans weer on 27S dwell
ings and Is apartment houses to ac-
commodate 40s families. They were in
| New York, North and South Carolina,
| Tennessee, Alabama. Florida, Georgia.
| California, Oregon and Illinois. The
/ business buildings were chiefly New
| York city, Pennsylvania and North Car
ollna. The farm loans were mostly in
the West and the Southwest. the largest
being in Iowa, Indiana. Illinois. South
! Dakota and South Carolina.
Nathan S. Jones, president OF the
Manufacturers Trust Company, occu-
pant OF 139 Broadway. stated yesterday
that the lease of that property to
\ the Lib ,rty National Bank was To
clear tn title. The bank occupied
the builling under lease and as
signed trat lease to the Equitable
Office Building Corporation. which as
rigned It to Christoffer Hannevig. Sub
sequently the trust company purchased
the lease from the receivers of Chris
toffer Hannevig. After the trust COM
pany took possession of the premises.
Il requested the Title Guarantee and
Trust Company to issue a policy, insur-
ing the title ana the title company re-
| qured that the lease to the bank be
recorded as condition precedent 20 the
issuance OF the policy. The bank has
been rner ;eC with the trust company.
1 nVvxyC ny gGnI-