New-York tribune., 1922-04-02
Apartment Homes of Highest Type Under Construc-
ton in Many Sections of Manhattan; Are for
Those Who Can Pay Yell for Living Space

though it is the general impression
|-a Manhattan has more expensive
|as,tment houses than it needs build
|,r, have not stopped nor have they
soTn an inclination to malt the pro-
j,hon Of this type Of building. There
-s:t be at least 80 apartment houses
rss.r construction in the best sections
4. the city. whose rent schedule will
a,re from $4,000 upward. There is no
sgdence of q strong desire to build
uses which can be rented for what
ssy be termed moderate rent. 1t seems
Eat Manhattan has been selected as
.e section for costly apartment homes.
The high cost OF building sites and the
|sography of Manhattan support the
:;c that apartments, which can be
2lted for less than $35 room per
soath are impossible from a business
| |andpoint.
Steady advance in the stadnards. es-
egially if they are operating in Man
attan and using costly land. Apart
sent construction, such as that under
|my in East and West of Central Park,
tss never so expensive. Bunlders have
earned that it does not pay to skimp
|,nd there is nothing known to building
gience that is not installed in these
rev homes
Brains Need in Designing.
The best brains in the architectural
isd are now employed in designing
.psrtment buildings. They have
|rought with them the spirit Of the
|Viyate house and one experience of
EARS In planning and construction OF
slatial homes. This is reflected in the
|plendid buildings which have been
|Allt and which are now underway.
partment renters are getting more
r their money today than ever be-
|Qn
Among some Of the best apartment
1auses nearing completion are those
'hown above. Every one OF them rep
esents an investment of S1,250,O0O or
aore. Two Of them are on the West
sde and three on the East Side. The
vest Side buildings are at the corner
o. riverside Drive and 110th streets
ana were erected simultaneously. At
me immediate corner, Michael Paterno
and Ralph Ciluzzi, president and treas
,'er ne respectively Of the 3T5 Riverside
t.l vlVe corporation, have spent $780,
wv IN the erection of this building. It
y fourteen stories high and covers a
alse site at the south corner of the
mo highways.
Ihe apartments overlook the Hud-
A' The building adjoining this.
'ao7n as $40 Cathedral Parkway, has
Ost about 81 oEO non .. - a.4I
salamin T, Walker is treasurer of the
apahy which owns the structure. It
Just been played in the market
rent; The apartments are of three,
~ ana five rooms. Scharwtz & Gross
sgned the building and have omitted
ssning tina would make housekeeping
'sg and family happy.
FIRST fiat in restricted zone.
Inc house underway at the north
~ss corner of Park avenue and 39th
aes'' besides being a building of
fVva architecture, and wonderful lay
w Is the first tall apartment struc-
W 10 be erected in Murray HIPS re-
.'eu district. Many apartment pro-
W. nave been proposed for this sec
,ss vi, out none had been carried through
!, III now. The building is built on the
= !, Charles 7. Barney house.
slat aae Samokin Realty Company is
h.. lung a creditable building at III
~ fity--seventh street. 1t is close
,,.9lpietlon. Warren & Wetmorc de-
'ea the structure having in mind
~ "a .sct that Fifty street is
bnn,.he NIL .he ilne streets of the city and
ssid ssildi'Ialhg u beiitting the thoroughfare
,ra Tsa De the best investment.
.sai. @ apartments are OF the house
snas ssas type with spacious living
aia;;n, , >, unusual closet space and high
som1 ss. ihey consist Of six and seven
!, 9 land ana three baths. A radio receiv-
rnan S,asion viii be installed which may
ssss aYasnected with the apartments of
Az n, desiring this service.
~'nough the house will not he readv