Real estate record and builders' guide: v. 77. no. 1974: January 13, 1906
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January 13, 1906 RECORD AND GUIDE 51 and 34th st. This was assessed separately at $340,0000. The assessment on the plot has been doubled, almost to $5,050,000, while the art store was increased to $800,000, making the total assessment for the plot $5,850,000, .The old Broadway Tabernacle, Oth av and 34th st, unoccupied and idle, has been raised from $1,200,000 to $1,580,000. Following is a list of some of specimen properties showing the increases this year over 1905, classified according to their use: OFFICES AND BUSINESS BUILDINGS. Buikling. 1905. 1900. '^Metropolitan Life.............................$5,700,000 $6,500,000 '^Edison Electric............................... 5,075,000 0,100,000 Van Orden Trust Co.......................... 1,200,000 1,250,000 Uiiited States E.\press........................ 400,000 575,000 *Ne\v Wanrtmaker store...................... 3,000,000 4,375,000 No. 60 Wall street............................ 1,200,000 1,930.000 No, 111 Broadway............................ 2,800,000 3,775,000 Telephone Building .......................... 2,710,0lHI 3,275,000 Manhattan Life Insurance Building............ 2,850,000 4,050,000 New York Stock Exchange.................... 4.800,000 4,990.000 Equitable" Life Building......................11,100,000 11,500,000 ^.Mutual Life Insurance Building.............. 9,300,000 9,773,000 Beaver Building ............................. 850.000 1.100,000 Barclay Building .............................. 1,900,000 2,000,000 Appraisement Stores ........................ 775,000 950,000 Commercial Cable Building, Broad street...... 2.000,000 2,900.000 Maiden lane building ......................... 2.125,000 2,oCO,0O0 New Times Building.......................... 1,000,000 1,650,000 Western Union Telegraph Co.................. 1,875,009 2,332,000 Mail and E.'cpress Building.................... 765,000 985,000 Washington Life Building.................... 2,400,000 3,035,000 Farmers' Loan and Trust..................... 855,000 1,307,500 Consolidated Exchange ....................... 1,800,000 2,200,000 Century Building ............................. 1,400,000 1.725,000 Union Trust ................................. 2,000,000 2.590,000 '^Blair Building, Broad street................ 1,000,000 1,835,000 Trinity Biulding .............................. 2,.S00,fl0O 3,775.000 Old TiCfanv Building.......................... 800,000 1,350.000 Tiffany slore (new) ........................... 1.300,000 2,300.000 New York Life Building...................... 3,790,000 4,000,000 Aeolian Building ............................. 050,000 850,000 Grand Central Station........................ 4,500,000 6,000,000 *In course of construction, HOTELS AND APARTMENT HOUSES. 1905. 1906, Waldorf-Astoria ............................. 9,185,000 lO,70O,00C Holland House ...............................4,600.000 1,640.000 Gregorian .................................. 500.000 625,000 Imperial ................................... 1,800.000 2.000,000 *Be!mont Hotel ............................. 2,2.50,000 2,760,000 Manhattan Hotel .............................. 3,000,000 3,150,000 Murray Hill Hotel............................ 950,000 1,350,000 New Gotham Hotel............................ 1,800,000 2,500,000 St, Regis .................................... 2,100,OnO 2,300,000 Hotel Astor.................................. 3,200,000 3,300,000 Old Colony Apartments........................ 700,000 750,000 Martinique ................................. 700,000 750,000 Madison Avenue Apartments.................. 500,000 575,000 Van Corlear Apartments...................... 0:iO,0nO 075,000 Hotel Broadway and 58th st.................. 375,000 400,000 The Speucer Arms........................... 500,000 800,000 RESIDENCES, Charles T. Yerkes............................. 1,480,000 1,500,000 C, M, Schwab................................. 1,.WO,000 1,350,000 '^W A Clark.................................. 2,100,000 2,100,000 W, D. Sloane, 6^5 5th av..................... 425.000 440.000 W. D, Sloane, 647 6th av...................... 425,000 440,000 M. P, Plant, 049 ."ith av...................... 576,000 600,000 Payne Whitnev. 974 5th av.................... ,500,000 525,000 G W, Vanderbilt.............................. 1.600,000 1,650,000 Mrs. W, D. Sloane...........................; 1.400,000 1,455,000 PLACES OF AMUSEMENT. Hippodrome ................................ 1,200,000 1,350.000 Belasco Theatre ............................. 225,000 250,000 Broadway Theatre ............................. 1,250,000 1,300,000 New York Theatre ........................... 1,700.000 1,750.000 Hudson Theatre .............................. 3.50,000 300,000 New Amsterdam Theatre ..................... 7<lO,000 750,000 Fifth Avenue Theatre .......................... ] .200,000 1,215,000 Victoria Theatre ............................. 050,000 676,000 Liberty Theatre .............................. 260,000 260,000 *Iii course of construction. Following are some of the more prominent buildings on which the assessments have been reduced: 1905. 1906, Hudson Building ............................$1,270,000 $1,100,000 Chatsworth Apartments ...................... 1,000,000 850,000 Ireland Realty Co............................. 1,405,000 1,4.50,000 Wells Building ............................. 1.380,000 1,350.000 Sturtevant House ............................ 2,100,000 2.000,000 Hotel Seville ............................... 850,000 72o,000 No 42 Broadway ............................. 3,700.000 3,650,000 Merrick Construction Co ..................... 2.50,000 240,000 The following designated properties are selected from the unchanged list: W, D. Sloane and G. W. Vanderbilt, 5th av, 51st to 52d st.$3,000,000 L. P, Morton, 081 5th av..............................,■ ■ ■ • ^60,000 R, Sage, 500 Tjth av........................................ . ^^^aX J, J, Astor. 5th av and 05th st.....;.;.;.;;..;..;.,;,.;,.;..; l^wO.OOO W, C, Whitney, 6th av and 08th st.......................... 1.1oO,000 G, J, Gould, 6lh av aud 67th st.............................. ^'^?''^aa William Tripler, 40 W, 77th st............................ "'^■9.9,2 E. A. Philbin, 333 W. 77th st................................ 2,'2nn B, L. Kennelly, 309 W. 77th st............................. ,ii''£.J. Jacob H, Schiff..................................-............ Uno?^ Richard Croker, 5 E, 74th st.............................. olili'n/iii John P, Carroll. 0 E, 57th st................................ oAnJJnn Mrs. R. P. Flower, 597 5th av.............................. , m'/Inn D, 0, Mills. 034 5th av.................................... o-^-n^U P. W, Woolworlh, 1 E. 80th fit............................. ^^M'l^Vx A. P. Fitch, 16 E. SOth st.................................. 80,000 W. R. Grace, 31 E, 79th st................. Seth B. French, 15 W. 51st st.,'........... I'embroke Jones, 13 W, 51st st............... iir. A. H, Smith, 18 E. 46th st............. C. N. Bliss, 1 E. Olst st..................... A. H, Paget, 11 B. Olst st................. L. Wormser, 2 E. Goth st................... W. D. Parsons, 18 E. 63d st................. J. P. Morgan. 219 Madison av............... W. S. Wehb, 6S0 5th av..................... Mrs, R, M, Hunt, 178 Madison av............. M, K, Jesup, 107 Madi,sorL av.................. W. K, Vanderbilt, Sr,, 5th av. and 52d st... Seth Low, 3 E. 04th st..................... H. Oelrichs, 67th st. and 5th av............. Mrs. C. p. Huntington, 57th st. and Sth av, J. Pulitzer, 9 E. 73d st..................... H, 0. Havemeyer........................... E, T. Gerry, 5th av, and Olst st.....;......... 175.000 125.000 102.000 53.000 275,000 135,000 100,000 72,000 800,000 460,000 70,000 37,000 3,000,000 145,000 580,000 1,500,000 040,000 430,000 1,350,000 BUSINESS BUILDINGS, Broadway Chambers., ,$1,000,000 Broad Exchange....... 5,200,000 Bowling Green......... ;i,,Siiii,inni Produce Exchange...... 4,r,(ili,()(iU Bennett .............. I.UIO.UOO Bank of Am............ 1,2-10,000 Battery Park.......... 1,125,000 Astor ................. 2,115,000 Stevens ................ 1,620,000 Schermerhorn ......... 1,020,000 N, J. C, R. R, B....... 1,400,000 .\m, T, Soc............. 1,510,000 Aldrich Court.......... 1,100,000 H, B. Claflin Co........ 1,518,000 H,, Car, & Co......... 7-")0,000 Mech. Nat. BIr ........ I,0i5,000 U. S. Trust Co......... 1,275,000 Met, Trust Co......... 750,000 U. Bank Bldg.......... 1,965.000 A. B. Note Co......... 1500,000 Adams Express Co..... 1,770,000 Johnson .............. 2.000,000 Manhattan Bank....... 2,5o0,00O Washington .......... 2,000,000 Butlerick Pub. Co...... 950,000 N. Y. Clearing House. 1,170,0(X) Times ................ 1,245,000 Tribune .............. 1,000,000 Staats Zcitung ........ 726,000 Stewart .............. 3,370,000 Em. Savings Bank..... 575,000 A, News Co........... 090,000 HOTELS AND Majestic .............. $2,200,000 Marie Antoinette....... 1,550,000 Sherry's .............. 2,400,000 Netherland ........... , 2,450,000 Savoy ................. 2,200,000 Fifth Avenue.......... 4,500,000 Hoffman ............ 720,000 Gilsey ................ 1,000,000 Broadway Central...... 1,300,000 Mills Hotel............ 725,000 Marlborough ......... 1,500,000 Cambridge ............ 945,000 Rossmore ............ 670.000 $700,000 000.000 825,000 825,000 725,000 2,400,000 1,550,000 , 1,900,000 226,000 790,000 1,075,000 1,020,000 (185,000 4,500,000 350,000 860,000 1,550,000 1,125,000 2.130,000 1.990,000 1,675,000 1,060,000 660.000 1,100.000 2,060,000 1,007,000 4,595,000 2,300,000 1,700,000 960,000 1.650,000 2,250,000 ........ 2,700,000 APARTMENTS, Everett .............. $550,000 Alpine ............... 2,250,000 Bartholdi ............ 900.000 Vendome .............. 950,000 Lisbon ................ 550,000 Madrid .............. 000,000 Ansonia .............. 000,000 Audubon ............ 3,600,000 Cafe Martin........... 1.175,000 Walton ............... 550,000 Georgian Court........ 660,000 Lucerne .............. 600,000 Morse ............... Union D. Bank........ K, Trust Co.......... B, of Met.............. Spingler.............. McCreery's .......... Townsend ............ St. James.............. Tammany Hall ....... Bryant Building........ Chamber of Commerce. Fourth National Bk,.. Morris ............... Old Custom House..,. Sun ................... Temple Court ........ T's'd, Bdway and 25th. Benedict Building ..... German-American ..... .\m. Express Co........ Smith Building ....... Altman's ............■ Alexander ........... Cammeyer's.......... Adams ............... Ehrieh ............... Stern ............... .\rnold-ConEtable ..... Constable Building___ Vantine ............. Presbyterian Mission,. N, Y. Com.............. Flatiron ............ Largest in the World. The new Astor apartment hotel which will be built at Broad¬ way and 78th and 79th sts. New York, wdll be the largest apart¬ ment hotel in the world, and will cost upward of $4,000,000. The building will cover a plot of ground 200 ft. on Broadway and 225 ft. on the side streets. Two stories will be built under WILLIAM WALDORF ASTOR'S APARTMENT HOTEL. Block hounded by Broadway West End av, 78th and 79th sts. Messrs. Clinton & Russell, Architects. the streets and eighteen above the surface level, making a 20- sty structure in all, A sub-basement will be constructed for .accommodating the power, heating and lighting plants. The furnaces and machinery will rest oh concrete floors and be com¬ pletely inclosed in walls of fireproof clay, so that any fire once starting In the engine or dynamo room cannot possibly extend to the basement above. The building wdll be made of the usual
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