The New York herald., 1922-05-04
OLD HOTEL CHELSEA
In &,tS6,OOO LEASE
Knott Bros. Extend Control
for 81 Years: No ReappraisaI
Clause I'm Deal.


Chelsea a. e2s West Twenty third street
for twenty-ons years al sn aTxrewnfe
rental % f@2fN.00e. have extenasd the
lease TO a period ~ sixty-four wears
The nrst lease Was 20 have expired April
\. fst2. The new extension will hring
the expiration aags on April 4. 1885
The new forty-three year lease calls for
an axxrcsafe rent of ss.sbs ooe. making
the aggregate rental for tho sixty-four
year term ss.1ss. oeo. Tho new Lease
was made without the usual rrapprsissl
clause. Barton Chaplin was tho broker
The hotel n eleven stories high and
fronts iTs feet on Twenty-third street
and has q depth of Ice feet
Lesses Nest h.ns o. ssss street.
NJ a L. Hess. Inc. leased Cor James
r. Stanley vacant plot at si7 aud sis
West Forty-eiwhth street 20 the National
Marble and slate Corporation for a long
period OF years. The lease requires the
tenant TO improve the property with q
two story building. 10 be occupied by the
tenant In ITS entirety. The aggregate
rental and cost OF Improvement will
amount 10 approximately $4,000.
MfsceIiaseeas Rentals.
Adams q Co leased $4,000 square feet
IN - West Thirty-sixth street 20 the
Fashion Hat Company. Harry Meyers
Hat Company. Engei Hess A co. and
POLICEMAN Brothers a. Hirsh. The leases
call for an aggregate rental OF s32s.e0e.
Daniel Birdsail a. Co. Inc. vented
store. basement ana subbasement In 81
Reade street TO the Union Twist Driii
Company; the building at 5O7 Green
witch street TO Lawrence c. Corvi. 'oft
in $50 Canal street to Jacob Goidstein.
and space In 100 Worth street 90 Charles
J. Smith a Co.
Pease 4 Gilman leased for Cushuan
& Wakefield. agents. offices In the Ca
madam Pacific Building. Forty-fourth
street and Madison avenue. to Frederick
Weiss and Samuel Scheuer.
Edward j. Hogan leased TO the United
Drug Exchange third floor In % Park
Place for a term of years. space In 4ss
Fifth avenue to Henry w. Fox: office
space in 400 Madison avenue TO Jones.
Corbett a Kelly. attorneys. and Coplay
Cement Manufacturing Company; also
SPACE in 220 Broadway 10 Miss Mary
Colman. attorney.
Brady & Bowman leased offices In the
Borden Building, Madison avenue and
Forty fifth street. TO a. U. Surprenant
Company, A. NJ. Dreifuss. Roland w.
Lamb, r.. Lawrence Smith. Williams sta
tionery Company and Turner-farper-
Love Company of Memphis. Tenn.
Cushman & Wakefield. Inc. leased OF
f,ces In so East Forty-second street TO
the Elks National Memorial Headquar-
ters in 366 Madison avenue to Edward
Leis. and in So Vanderbilt avenue, WITH
Brady & Bowman, to L. K. Moore Stave
Company. -.
Mulvihiu & Co. leased the two build
ings at II and 10 Lawrence street.
through to 127th street. for Catherine
Nichol to Walter and Martin Gibbons Tor
q term of ten years. After alterations
the tenants will use the property TOT
storage house.
Albert B. Ashforth. Inc. leased space
in go Broadway to Isaac Sternoerser
and Charles w. Powell. and In the
Munson Building, 81 wall street. 10
Roger B. williams, Jr.
p M. Clear e. Co. leased Tor the
Mortiren Realty Company the three
story building at 42S Lenox avenue TO
7. IT. Mcintosh, who will occupy same
for business.
VIM. A. White & Sons leased In
29S Broadway. loft to Alfred r. Schmeiz;
in 2109 Seventh avenue, store ana pase-
ment to Schubert Piano Warerooms'
in 1888 Franklin street. store to Aiexan-
der Esrick and Norris ]. Horwitz: IN
and the building at IA jay street TO
the Minnesota Cooperative Diaries at
a rental in excess of $4,000. Also the
following offices: In 2l Maiden lane
to Harry X. Horwitz in 349 Fifth ave-
nue. TO Charles F. Smith and Frank
Mershrod and Charles Bruning. In go
Fourth avenue to Stephen A. McIntire,
in 16 Exchange place to Theodore II.
Price Publishing Corporation and In l6f
West Broadway space to John Bliosi-
Charles F. Noyes Company leased In
TO Broadway, offices to Eugene sharum
and Thomas d. Leonard; space In 81
Nassau street to Louis Gordon. and
subleased space in 81 Fulton street to
the Workmens Compensation Reinsur-
ance Bureau.
Cross & Brown Company. with the
H. s. Jones Building Company. Inc,
leased space in 56 West Forty-fifth
street to C. w. Schlusing, and to the
wyckoff Engineering Company.
M. Rosenthal leased to A. Burnstine
& Co.. store and basement in 123 West
Twenty-sxth street; to I. Kfshlansky.
floor In 141 West Twenty-eighth street.
REsIDENTIAL RENTALS.
Pease & Elliman leased for Mrs. j.
r. Macarthur to Mrs. Vernon Munroe
the three story and basement 1S foot
dwelling at 16s East Seventy-eiehth
street. between Lexington and Third
avenues.
Brown. wheeloclS. Inc. have leased
the dwelling at "a East Thirty-sixth
street to Mrs. Edith J. Conrad. for the
City Real Estate Company.
Pease & Elliman leased apartments
as follows: In S75 Park avenue. at
seventy-eighth street to Sidney Gruen:
I'm 10 West Forty-eightb street. TO r.
Lumsden Hare: in West Fiftieth
street. to DR.. w. J. Pierce; In II East
Forty-first street. to c. Church and r..
Spalding, and in 172 East iSeventy-fourt's
street. to Frank Manzo.
Douglas L. Gilman & Co. leased n
large apartment Of twelve rooms and
four baths In 929 Park avenue for n.
A. Berwfn & Co. agents, to a prominent
resident Of New York; also an apart
ment in 635 Park avenue to Mrs. Samuel
d. Brewster. in 1875 West Fifty-eighth
street to Alfred Maclay. in 81 East
Sixty-second street to T.. J. Coulon. In
32 East Sixty-fourth street to Gen. SAM
uel McRoberts. president OF the Metro
politan Trust Company and In 103 East
Eighty-sixth street to Howard CorIIes
H@N~r