The New York herald., 1922-01-10
$s,OOO,OOO LEASING
DEALON FIFTH AYE.
Silk Firm Rents Siebrecht
Building From Bonwit. Tel
Ter & Co. for 21 Years.

Bonwit Teller i; Co., the Fifth avenue
retailers who recently subieased the five
story Siebrecht Building at the north
east corner ot Fifth avenue and Thirty
eighth street, opposite their store, have
leased the building for twenty-one years
With two renewal privileges for similar
terms to the Primrose Silk Stores, Inc.
at total aggregate rental of nearly
S3OOo,Ooo for the first twenty-one years.
This Is the largest lease negotiated on
Fifth avenue in many months.
The building fronts SO feet IL inches
On the avenue and 1875 feet on the street
and 1t has % foot l. with depth Of
100 feet. The lease dates from August
|. 1924. In 1910 the United Cigar
Stores leased the building and in turn
subleased it to Bonwit Teller & Co. Both
these firms will realize substantial
profit from the transactions.
Bonwit Teller & Co. obtained control
of the property in order to protect their
store property across the street and ia
the present high standard of
his Fifth avenue block. which includes
the stores Of Lord & Taylor and Frank
lin Simon & Co. Francis J. Thyme. pres
ldent of the Primrose Silk Stores, Inc,
was for many years with B. Altman &
Go.
Joseph Miner was the broker and
cushman & Wakheld. representa- by
William j. Demorest, were associate
brokers. Louis S. Posner and Martin
Paskus OF Paskus, Gordon & Hyman
represented the lessee and lessons re-
spectively The United Cigars in 1910
acquired control Of the property for a
net rental of $4,000 a year.
Charles F. Noyes Company leased for
the Nestle's Food Company the fourth
floor in 100 to 134 William street to the
General Life Insurance
Company for six years at an aggregate
rental of about $4,000; also offices for
Robert 4. Simon in 81 Nassau street to
Abraham Schlosser. Blank Cohen &
Platter and Samuel Iipsky. Charles
F. Noyes Company has also rented for
William C. Walker & Sons store and
basement in 1853 Greene street to j. g.
Braun.
Tenant Buys on Pearl street.
Clinton X. Scofield purchased from
Denison Realty Corporation the five.
977 Pearl street, in which he Is a tenant.
Church Buys House in Village.
The Spring Street Presbyterian
CHURCH. at Spring and Varick street
has bought from William 8. Coffin the
u STORY house, 20.1x100.1, at 25 Van
lam street for $4,000.
New Harlem Flat Planned.
Gronenberg & Leuchtag are preparing
plans for one six-story apartment house.
,Ox1OO.11. to be erected at 1921 East
l09th street, for Morris e. Harry Michel
son. The building is designed in suites
If three and four rooms. with five famil-
es on a floor, and will accommodate
hirty families in entire building. inc
'front.' will be of tapestry brick and lime
stone 1t will cost approximately sloo'-
100.
Bankers Trust Co. i'm Three Deals.
Bankers Trust Company. as trustee.
has sold to Alexander T.. Schiller
through Duross e. Co. the store ana
.enement property at $50 Greenwich
treet: also through Sidney Warsawer
he store and tenement property at OF
eighth avenue. and executor approx
matelY slL2 dCTcS VI oA1SA $1,000
l.. 1.
sales Revealed I'm Transfers.
The Home Circle Realty Corporation
,oId 10 the estate of Charles +. Hoffman
, fo,,r story store building. 25x75, at 7S5
sixth avenue. across from the HIPPO
irome.
Marie C. Hartung sold to Max Glass
,erp q four story store and loft building,
23xs2. at 1lS West Twenty-first street.
Lillian Fuller sold to the Tarquah
Trading Company four story dwelling.
ls.sx75, at 212T Fifth avenue.
peter Zimmerman sold to. IIorenz
strack three story dwelling. 17.6x
1922. at $40 East Eighty-sixth street.
The Express Realty Corporation SOLO
10 Pascasio and Wendia Fernandez
'our.. story dwelling. 20x1oo.11, at IL
West Ninety-seventh street.
James p. Sloan sold to c.. Jay Will
ms @ four story dwelling. 2ox1oo.5. at
,47 West Eighty street.
Waldo Jones bought from the Ethel
Holding CORPORATION a three story dwell
n9. 13x99.11. at 219 West 12sth street.
pearl Geller sold to Philip Seidel
I've story apartment. 40x99.11, at 51s
West 135th street. -,
Chelsea Leasing Company sold TO Mil
on Mayer five story fiat, 25xloo.ll. III
10 West 125th street.
Herman +. Bauer sold to Thomas j.
Nolan a five story fat, 26.Sx1oO.S, al
"A West Ninety-third street.
The West 135th Street Holding Cor
,oration sold to the Pearlstein Realty |
Company Ave story apartment. 4ox
,e.1f. at 521 West 135th street.
Fanestein Real Estate Corporation |
bought from Alice Bullows four story |
tore tenement. 25x1o3.3, at 52f East
street
Benjamin W. Mccormick sold to
srael Domber five story tenement |
'5x1O2.2. at SAT East Eighty-second
treet. |
New York Life Insurance and Trust
company sold to Cecilia Cohen for
21. 900 Ave story store tenement, soy
Is, at 26S Ninth avenue.
Thames Building and Contracting |
Company sold TO William Yetner four |
tory store tenement. 20xS0. at 223 First
venue.
Michele Rina,di sold to Teresa Lam |
four story store tenement. 20xe2, at
10 East Nineteenth street.
John r. Zerega sold TO Sidney. Ivry |
md Isidor Hershkowitz Ave story |
tore tenement. 25xso. at 1853 First
venue.
Margaretha Bohem sold 10 Ida Pecker |
five story tenement. 25x100.11, at
Sc East 101st street.
Sarah Schneider sold TO the Rltebilt |
Realty Corporation n six story fiat, 4ox |
90. at IL and 16 West Tooth street.
Juda MAILER sold to Louis Rinder a
our story hat. 26.11x105, at 1856 Park
venue
John G.. Bauer sold TO Joseph Gordon |