76
RECORD AND GUIDE
January 17, 1920
Present-Day Problems of
Building Maintenance
require expert advice and guid¬
ance. We are able to advise
owners and agents of all
classes of real estate with re¬
gard to State laws. City ordin¬
ances. Departmental procedure,
and all executive, legislative
and judicial regulations affect¬
ing real property. We act in
an advisory capacity to owners
of saloon and brewery build¬
ings and other classes of prop¬
erty, and can demonstrate how
such holdings may be profit¬
ably converted for other uses.
Correspondence is invited from
those interested.
CITY AND STATE
SUPERVISION CO., Inc.
25 West 42d Street New York
JOHN H. SCHEIER. R. A.
AdTlMrr An:iilt«et to tha OomDUiT
TO BROKERS
We have for sale numerous APART¬
MENT HOUSES in all sections of Brook¬
lyn showing good results. Secure our
Usts. BROKERS PROTECTED.
We are at all times in the market for
Apartment Houses. Quick decision given
all offerings. Flatbush and Park Slop*
aectlon preferred.
BERKSHIRE
REALTY CO., Inc.
44 Court St., Brooklyn
Suite 711 Phone: Main 5736
IMMEDIATE POSSESSION
Of 4,000 Square Feet, at
240 EAST 23d STREET
BETWEEN 2D and 3D AVES.
—now a private dwelling. Convertible
for business purposes, at a nominal cost.
BARGAIN PRICE
MANNING-BERNHARD
REALTY & CONSTRUCTION CO.
233 Broadway Phone: Barclay 6487
LIBERTY BONDS
BOUGHT and SOLD
All Issues and Denominations
Bought and Sold for Cash at Stock
Exchange quotations and full inter¬
est to date.
Call or send by registered mail.
PURDY & CO.
LIBERTY BOND SPECIALISTS
of 2.j,000 square feet, with frontages of 153 feet
on Clitt street, 159 feet on Frankfort street
and l46 feet on Jacob street. This, the bro¬
kers state, is the largest block front south of
the Brooklyn Bridge held under one ownership.
Fraser, Spier & Meyer were the attorneys for
the estate selling the Burr Printing House plot,
which in itself contained about 15,000 square
feet. .... lb considered likely that the new owners
will reimprove the plot when leases on the
existing buildings expire. Laurence McGuire
represented the sellers in the transaction and
attended to the financial arangement.
and altered on it in the past five years. The
building was erected by Ronald H. MacDonald
about eight years ago and brings in an annual
rental of nearly .'^2;j.tH)0 a year. L. Rodney
Berg represented the sellers.
3174
sir.'j
317G
3177
John
34 Pine St.
New York
Sells Teviot and Tinturn.
Harry K. Savage, of Slawson & Hobbs, sold
for the John Alden Realty Corpn., the property
known as the Teviot and the Tinturn, at 2465
to 2471 Broadway, between 91st and 92d streets,
two seven-story elevator apartments having a
frontage of 101 feet on Broadway, and the south¬
erly house having a depth of 150 teet and the
northerly house 100 feet. The property was
held at .$4.^0,000.
Estate Sells on Broadway.
L. Tanenbaum, Strauss & Co. sold for Ranald
H. MacDonald, as executor of the estate of
Josephine MacDonald. the eleven-story base¬
ment and sub-basement building, 718-720 Broad¬
way, on a plot in size 50x137. This building
was built by Mr. MacDonald in 1906, and is one
of the best buildings ot its type in the district.
The purchaser is a syndicate headed by F. L.
Reis.
Apartment Investment Purchase.
Douglas L. Elliman & Co., in conjunction with
M H Gaillard, sold the nine-story apartment
house at 152 West 58th street, for the Marcaro
Corpn.. Laurence McGuire, president, on a plot
iKixKiii It has been held at $425,000, and the
rents are over $50,000. The purchasers are
Irving Judas and Joseph Silverson, who have
bought the property for investment.
Big Cloak and Suit Project.
H M. Weill Company sold for William Nel¬
son 213 West 35th street, a six-story warehouse,
24.X10II; also, lor the Lindemann estate, the
adjoining three tenements, 66x100, making a
total plot of 90x100. The buyer is a large cloak
and suit concern, which will erect a sixteen-
story loft building. Plans are now being pre¬
pared. This property adjoins a contempated
new sixteen-story building which is to be erected
on a plot 100x88, controlled by Pennsylvania
interests.
Hotel Warrington Sold.
Albert B. Ashforth, Inc., sold tor Herman
Woog to the Holworthy Chambers Corporation,
Frederick L. Lavanburg president, the Hotel
Warrington, a twelve-story fireproof structure
at 161 and 163 Madison avenue, with an "L" to
2S East 33d street. The avenue property meas¬
ures 49.4x100 and the 3dd street property
16.9x98.9.
Complete Big Warehouse Site.
M. & L. Hess, Inc.. sold for the Community
West Houston Street Garage, Inc., the plot 585-
.".s'.i Greenwich street, 300 West Houston street,
northeast corner ot West Houston street and
Greenwich street, of the dimensions 78.5x113,
to the Three Ninety-five Hudson Street Cor¬
poration. This sale was for all cash and com¬
pletes the purchase by the Three Ninety-five
Hudson Street Corporation ot the entire block
bounded by Greenwich, Hudson, West Houston
and Clarkson streets, acquired through the same
broker. The buyers are afliliated with the West¬
ern Electric Co. and the New York Telephone
Co., and the entire plot will be improved with an
eight-story and basement building for the use and
occupancy of these two corporations for ware¬
house and general offices. Improvement of the
land and building will involve close to $3,000,000.
Buyer for Graphic Building.
I. Randolph and Everett Jacobs have sold the
eight-story fireproof Graphic Building, at 80-82
4th avenue, size 50x92, to Arthur Greenbaum.
The gross rental is $36,000 and the holding
price was .f2.")0,000. Harry B. Cutner was the
broker.
Firm Plans Addition.
Wm. A. White & Sons hae sold for James
M. Brennan to the Powers-Weightman Rosen-
garten Co. 27-31 Depeyslrr street, on a plot
of approximately (;0..1x.i0.3. The property im¬
mediately adjoins the present building of the
purchaser and it is their purpose to erect an
addition to their building on the newly acquired
site.
Sale in "Street Beautiful."
Lawrence Blake & Jewell sold for the Samoth
Realty Co. 132 Bast 19th street, a seven-story
apartment house on a plot MOxHU teet. The
building has three apartments on each floor,
one of the unusual features being that one of
the 'apartments has a studio thirty feet wide.
This block is known as the "Street Beautiful"
because of the many attractive houses erected
Hebrew Home Replaces Library.
The old Astor Library Building, at 423 to
439 Lafayette street, near Astor place, has been
purchased as a home for the Hebrew Sheltering
and Immigrant Aid Society. It is on a Bite
fronting 220.1 feet and having a depth of about
100 feet. Land and building cost the society
$.325,000, and it is said that $75,000 will be
spent upon alterations to the building. For
several months the Seventy-seventh Division
veterans used the building as a clubhouse, but
recently moved to 27 West 25th street. The
site was buoght for .f25,000 in 1848, when con¬
struction of the library was begun. John Jacob
Astor left $430,000 to the city to found the
library. In 1911 the books were moved to the
present library, at 5th avenue and 42d street.
Attorney Buys Hotel.
Walter T. Stern, of the law firm of Cole¬
man, Stern & Ellenwood, purchased as an in¬
vestment the nine-story hotel, on plot 50x100,
at 420 West 116th street, between Amsterdam
and Morningside avenues. The house contains
144 rooms and 70 baths, and its sale includes
the full equipment and furnture. The prop¬
erty, which has a dining room seating 150 per¬
sons, now is being operated as a hotel by the
sellers, the 420 West 116th Street Corporation.
The sale was negotiated by Thomas J.
O'Reilly on an asking price of $300,000.
"Staats-Zeitung" Building Sold.
Wm. -H. Whiting & Co. sold tor the "New
Yorker Staats-Zeitung" to Schmoll, Fils & Co.,
leather and hide merchants, its property on
the northeast corner of William and Spruce
streets, a six-story fireproof buildng, known as
182 William street. The property has a frontage
of 23.6 on William street, widening in the rear
to 48.4. The Spruce street front is 9:1.'.!. The
late Herman Ridder acquired this parcel in
1907 and extensively remodeled the building to
accommodate the needs of the "Staats-Zeitung,"
which shortly prior to that time had disposed
of its old home, immediately north of the
Brooklyn Bridge, to the city as part of the site
of the new Municipal Building. The building
is to be remodeled into an office structure, after
which the new owners will occupy several floors
as their executive offices and the remaining
space wil be offered for rent. Wm. H. Whiting
& Co. have been appointed agents for the
property.
Builders Buy in Lexington Avenue.
Pease & Elliman sold for the estate of James
McCabe, also Henry and Simon McCabe, the
six four-story dwellings at 943 to 954 Lexngton
avenue, with a frontage ot 100.5 feet in the
avenue and 72.6 feet in 69th street, to James
C. McGuire Co., builders, which has no imme¬
diate plans for its improvement.
Plan Marble Hill Homes.
A. N. Gitterman has sold for the Cathedral
Parkway Co. thirty lots at the corner of West
225th street and Adrian avenue, purchased
some time ago from the Famous Players Film
Co. after the enactment of the zoning law pro¬
hibited the carrying out of their studio plans
on Marble Hill. The new owner is the Marble
Hill Development Corporation, which has had
plans prepared for the improvement of the site
with twenty-eight semi-detached six-room stucco
houses, which with a garage placed on a 25x100
foot lot will be sold for $10,000. The entire
plot is assessed for tax purposes at $112,500, a
trifle under $4,000 a lot, and was held at
$120,000.
$900,000 Block for Bing & Bing.
The two-sotry taxpayers, comprising the block
front on the east side of Broadway, between
S2(l and 83d streets, one of the few available
sites for reimprovement in this section, have
been sold to Bing & Bing by the Franklin Build¬
ing Co.. Lewis Cass Ledyard president, which
had been holding the property at .^900,000.
F. A. Wyckoff, of the Wood-Dolson Co., nego¬
tiated the sale, which was for cash. The prop¬
erty comprises about twelve lots and fronts
2(Ht feet on Broadway and 142 feet on each
street. The leases all expire next May. The
site was assembled by the late N. A. Higgins
and has not been sold since 1S71. The opposite
northeast corner of Broadway and 83d street
was purchased by Marcus Loew recently for a
theatre.
South of 59th Street.
Manhattan.
BRIDGE ST.—William Pierre Jocklln, of
.jocklin & De Florez, resold 31 Bridge st, a 3-sty
building. 19.10x77. held in the name ot the
Connelly Investing Corpn.
CLIFF ST.—Charles F, Noyes Co. resold for
Frederick Brown to the Hoffman La Roche
Chemical Works, the ."i-sty loft, containing
â– ".n (I 0 square feet of space, at 17 and 21 Cliff