842





RECORD   AND   GUIDE





June 16, 1917





Little Money
Shrewdly  Spent

will make old property pay well

This is our line

Get Our Suggestions

EasternConstructionCo.
110 West 40th Street





INTERIOR
TELEPHONES





For apartment houses,
schools, banks, offices, fac¬
tories, stores, hospitals,
public buildings, etc.
We make a telephone to fill
every want. Over 23 years'
experience.





TELEPHONE   COMPANY





CONNECTICUT .electric

Factory, Meriden, Conn.

New York Representative :   Spielman Elec. Co.
1931 Broadway   Phone Dept. T, 4147 Columbus







RATS,  MICE,
ANTS, MOTHS,
ROACHES,
BED BUGS,
EXTERMINATED

NO CHARGE  IF WE  FAIL

WRITTEN  GUARANTEE  FOR ONE YEAR

Out-of-Town  Work Solicited

New  York   Exterminating   Co.

366   FIFTH   AVE.,   N.   Y.  CITY

At 35th St.                       Phone—Greeley 4400





Francis W. Ford's Sons

City Surveyors
Real Estate and Insurance

8-10 JAMES STREET, N. Y. C.

HOWARD H. FORD   FREDERIC C. FORD
WALTER H.FORD, C.E.  HAROLD S. FORD





Geo. j. Ryan

Queens Borough Real Estate

AGENT      BROKER      APPRAISER

Member Real Estate Board of Kew York

46 Jackson Ave., Long Island City
Telephone, Hunters Point 3451-2







REAL   ESTATE       INSURANCE
200 W. 23d St., Cor. Seventh Ave.





William H. Archibald

316 WEST 23D STREET

REAL ESTATE AND INSURANCE

Management of Estates a Specialty
Phone, 5566 Chelsea





<?xecutive department, may, in war time, enter
upon anil acquire desired property. Notice must
be given the owner personally or as proscribed
in the act where personal service cannot be
liad and a map showing the land talcen with the
interest therein and the term, must be tiled with
the Secretary of State and with the County Clerk
or Keglster ot the loiinty. It the owner and
agent cannot agree as to price, the amount is to
be fixed by  condemnation proceedings.

The following are the twelve bills
which were opposed by the Real Estate
Board  l)ut which  l)ecame law:

Chapter 74!i (S. IW), Labor Law, juveniles,
employment  bureau.

Chapter i'''21 (S. i;77l. New York City Super¬
intendent   Schools   Emeritus.

Chapter :»>■', ts. "I'JI, New York City Teach¬
ers*  Retirement Fund.

Chapter i;(il (S. 7!>7), Highway Law, amend¬
ing  generally.

Chapter (Wl (S. .S."i!)). New York City court¬
yards,   acquiring   real -property.

Chapter Iil4 (S. l(i:'.71. New York City plumb¬
ers, compensation.

Chapter t<'27> (S, 111.")), Rapid Transit Act.
emergency contracts.

To Secretary of State (S. 1282), Legislators,
increasing  salaries.

Chapter *ii>4   (A. 40),  Local Option.

Chapter 71H (A, 2r,7). Coney Island, lands
under water to  New   Vork  City.

Chapter 147 (A. 7(!i;), State parks, land for,
acquiring.

Chapter G(H (A. 1:130), Creating bureau ot
hre investigation.





Protecting Crossings.

The Public Service Commission held
a hearing before Commissioner Charles
-S. Hervey to determine whether steam
railroads operating within the City of
Xew Yorl< shall lie directed to keep gates
protecting crossings closed between the
hours of midnight and 5:00 a. ni. ^^ari-
ous railroad corporations were repre¬
sented. .\n inspector for the Commis¬
sion at this hearing testified that at
night inspections made at some of the
200 grade crossings protected by gates
within the city limits he had found
some gates closed and some raised and
on the instance of each inspection had
fonnd some of the crossing watchmen
asleep. The hearing was closed and
action will shortly be taken by the Com¬
inission.

r     PRIVATE REALTY SALES.       |

THE total number of sales reported
and not recorded in Manhattan this
week was 20, against 26 last week and
35 a year ago.

The nuniber of sales south of _ 59th
street was 6. as compared with 5 last
week and 14 a year ago.

The sales north of 59th street aggre¬
gated 14, as compared with 21 last week
and 21   a year ago.

From tiie Bronx 9 sales at private
contract were reported, as against 13
last week and 8 a year ago.

Statistical tables, indicating the num¬
ber of recorded instruments, will be
found on page 850 of this issue.





Westerner in $6,000,000 Deal.

Thomas H. (iill. Western capitalist,
for many years associated with the \\ is-
consin Central Railroad, has acquired
from companies headed by Leslie R.
Palmer three valuable New York City
properties in the Fifth avenue zone, for
which he gave in e.xchange extensive
holdings of various kinds in four other
states." The various properties involved
in the trade, which is one of the largest
of the year, were held at about $6,000,000.
George E. Baldwin, who negotiated the
transaction, is said to have been working
on its various details for nearly a year.
The property which Mr. , Gill has ac¬
quired includes 509 Fifth avenue, a
twelve-story store and loft building cov¬
ering a plot 37.6 X 123, recently com¬
pleted l)y Mr. Palmer on land acquired
under a long term leasehold from the
Sturges Estate: also 37 West 37th street,
a twelve-story modern store and loft
building, completed a few moiUhs ago
by a syndicate headed by Mr. Palmer
on land acquired under the terms of an
84-year leasehold from Louis E. Frith.
and the twelve-story store and loft
building at 10 to 12 East 39th street,
through to 38th street, improved last
year by the same company, on leasehold
nroperty obtained from the Sloane Es¬
tate.     In   part  payment   Mr.   Gill   gave





Mr. Palmer and his associates the fol¬
lowing properties: a tract of timberland
in .\shland. Wisconsin, a coal mine in
Carryville, Tennessee, a gold mine in
Butte, Montana, an orange grove in Mo¬
bile, .Alabama, a business property block
in Portage, Wisconsin, Mr. Gill's resi¬
dence in Wisconsin, the McKenna and
Warren proi)erties in Wisconsin, a tract
of land at Waukesha, Wisconsin, and the
large residence in Madison, Wisconsin,
formerly occupied by Mr. Gill as his
home. The same l)roker later leased
for the new owner the store at 509 Fifth
avenue to the Maison .^riiiand, for nine¬
teen and one-half years, at a rental ag¬
gregating $827,000. Mr. Baldwin also
resold for Mr. Paltner the Mobile orange
grove and the residence properties in
Wisconsin, both of which were repur¬
chased by  Mr.  Gill.





Sell $500,000 Residence.

Douglas L. I>~lliman & Company sold
for the estate of General Lloyd Bryce his
former residence at 1025 Fifth avenue,
adjoining the William Salamon house at
the northeast corner of 83d street and
Fifth avenue. The Bryce house, which is
a white marlile English basement house,
stands on a lot 40x100. and is in one of
the best developed blocks on Fifth ave-
nut. Adjoining owners to the north are
Mrs. William M. Kingsland, George
Crawford Clark and Jonathan Thorne.
Directly in the rear of these properties
is the property of the Constable estate,
consisting of an old-fashioned white
wooden farmhouse and large garden with
greenhouses. The Bryce house was
built by General Bryce on land pur¬
chased from Janies .\. Garland about
eight or nine years ago and was occupied
by General Bryce since its completion
until his death, a few months ago. It
was held at $500,000 and was purchased
very close to this figure by a prominent
New Yorker for his own occupancy.
The growing demand for fine houses
has been clearly evidenced of late
through the following sales by the same
brokers: The late James J. Hill's house
at 8 East 65th street to E. H. Litch¬
field, the James McLean residence at 7
East 75th street to Dr. J. H. Lancashire.
12 East 62d street to Charles H. Sabin,
president of the Guaranty Trust Com¬
pany, and several others.





Buys the "Verona."

Clarence Payne, formerly of Cali¬
fornia, who has been actively identified
with a numlier of transactions aflfecting
high-class Manhattan realty, figured in
another transaction this week, involving
a high-grade ten-story apartment ho_use
at the southeast corner of Madison ave¬
nue and 64tli street. This property,
which is known as the Verona, was sofd
for the L'nited States Trust Company
as trustee of the Estate of Francij L.
Leland through N. .\. Berwin & Com¬
pany. It was held at $800,000. The
\'erona occupies a site fronting 100.5 feet
on Madison avenue and 132.6 feet in
64th street, and is stated to have a rent-
roll appro.ximately $125,000 a year.
.\mong the tenants are Charles E.
Hughes. Henry F. Cook, Charles A.
Dana, T. J. Connors and E. L. Judkins.
Some of the transactions in which Mr.
Payne has been interested as principal
within the last year concerned the Postal
Life Insurance Building at the south¬
east corner of Fifth avenue and 43d
street, and apartment houses at 383 Park
avenue and  140 West 79tli street.





Big Westchester Transaction.

One of the largest transactions affect¬
ing Westchester County property in
many years has been closed, by which
the Sleepy Hollow Country Club pur¬
chased for a reported price of $600,000
from William Rockefeller 387 acres at
Scarborough. N. Y., adjoining the prop¬
erty of the club. The sale was nego¬
tiated by Frederick M. Hilton, of M. -\.
White & Sons. The land which the club
lias bought includes its golf course,
which it held under lease, together with
several hundred acres adjoining. It has
a large frontage on Broadway, Sleepy
Hollow road and Long Hill road. The
property is one of the most picturesque