400





RECORD  AND  GUIDE





March 11, 1916





PORTER & CO.

REAL   ESTATE





George W. Short
Charles F. Porter





159 \V. 125th STREET
Telephone Connections





J. Edgar Leaycraft & Co,

Special Attention Given

To the Management of Estates

Rental and Sale of Property

Collection of Rents
Ground Rents, Interest, Etc.

30 EAST  42d  ST., Cor.   Madison Ave.





J. B. ENGLISH





Real Estate Broker





raSCRANCE
ESTATES MASAGED
RENTS COLLECTED
BOUSES FOK SALE
AND TO LET





1531-7 Broadway

N. W. Corner 45th St.

Astor Theatre Building

Phone: Bryant 4773





JAMES A. DOWD

Real Estate—Insurance
Renting—Management

874  SIXTH   AVENUE,   Above  49tli   Street







Carstein




&




Linnekin





REAL




ESTATE





221 FOURTH AVE.









347 FIFTH AVENUE





Gramercy 2293—Phones—Murray Hill 523





CUTNER & LIPSET

REAL   ESTATE
1181   BROADWAY

South    West    C.irULT    Twnity-eiglitli    Street
Teleplione—Mad.  Sq. 9329







~   840 BROADWAY

This   Company   acts   as   agent   for   Trustees,

Executors and Owners in tailing entire

charge of Real Estate





about $5,500 less than the amount of
mortgage judgment due to this com¬
pany. The property was for many years
the headquarters of "Tim" Sullivan in
the Third Assembly District. L. J.
Phillips & Company sold for $11,100, for
the estate of Isaac Phillips, to the Metro¬
polis Holding Corporation, the three-
story dwelling at 324 West 22nd street,
wliich had been in the family of the
seller for more than fifty years.

The total number of sales reported
and not recorded in Manhattan this
week were 31, as against 38 last week
and 26 a year ago.

The numlier of sales south of 59th
street was 13 as compared with 14 last
week and 10 a year ago.

The sales north of 59th street aggre¬
gated 18, as compared with 24 last week
and  16 a  year ago.

From the Bronx 28 sales at private
contract were reported, as against 19
last week and 20 a year ago.

Statistical tables indicating the num¬
ber of recorded instruments will be
found  elsewhere.





James L. Brumley

ESTABLISHED   1.88S
EXPERT

Real Estate Appraiser
Broker and Auctioneer





189 MONTAGUE ST.
Telephone                      BROOKLYN, N. Y.





Established  1879

William   G.   Morrisey
REAL  ESTATE

BROKER                            APPRAISER

189 MONTAGUE STREET

Telephone ^^ MAIN





$1,000,000 Liberty Street Sale.

William H. Barnum and William
Everdell, Jr., have purchased from the
Ziegler estate_, the Realty Trust Build¬
ina;, at 60-64 Liberty street, on plot 71
xSl. which has been held at $1,000,000.
It abuts the New York Clearing House
property at 77-83 Cedar street, and ad¬
joining on the east the building of the
Guaranty Trust Company, at the corner
of Liberty street and Broadway. In
addition to cash, the purchasers gave
for this property, 16-18 West 46th street,
a twelve-story building, on plot 44x100.
occupied by the Schneider Anderson
Company. It was rumored that the Lib¬
erty street building would be razed and
a modern office building erected on the
site, although this report could not be
confirmed. .\n interesting feature of the
deal was that both properties were ex¬
changed on a free and clear basis. J.
Curry Watson and 'Wm. A. White &
Sons were the brokers.





Business  Building for Block  Front.

The Edgewater Realty Company.
Elmer D. Coulter, president, has pur¬
chased, through J. Clarence Davies, from
James F. Meehan, the southerly section
of the Community Building at the
northwest corner of Southern Boule¬
vard and 163d street, comprising a three-
story structure with a frontage of 86.5
feet in 163d street. The purchaser gave
in part payment the vacant block front
on the west side of White Plains avenue
between 233d and 234th streets, on a
plot 228 X 181. The exchange involved
aliout $500,000. The northerly portion of
the improved property, the Cecil Spooner
Tlieatre, was sold by Mr. Meehan about
two years ago to Sam S. and Lee
Shubert in exchange for the flats at 5-15
W'est 62nd street. Mr. Meehan still re¬
tains control of the central section of
the Community Building containing the
ball room and ofifices.





Deal at Manhattan Bridge Plaza.

Tlie Burling Realty Company has sold
for the estate of Samuel Burling the
four buildings, with stores, at the south¬
east corner of Bridge and Sands streets,
facing the Manhattan Bridge Plaza. The
same broker sold some time ago the
plot on Flatbush avenue Extension, from
Concord to Chapel street, to the Sperry
Gyroscope Company, for their modern
eleven-story building, and also the plot
running through from Flatbush avenue
Extension to Duffield street, near the
plaza, to F. .A.  Koch  Building., Inc.





Jerome avenue, 50 feet north of Clif¬
ford place; 50.xlOO on the west side of
Walton avenue, 250 feet south of 176th
street; 150x100 on the cast side of Town-
send avenue, 100 feet north of Belmont
street; 50x100 on the east side of Town-
send avenue, 50 feet north of 174th
street; and 100x100 on the west side of
Townsend avenue, 105 feet north of
Belmont street. The broker in the deal
was E. Osborne Smith.





West Bronx Activity.

The J. L. S. Building Company. John
LaSpina, president, has sold the two
five-story apartment houses at the north-
cast corner of Grand Boulevard and Con¬
course and 198th street, known as 2850
and 2856 Grand Boulevard and Con¬
course, on plots respectively 79.6x89 and
67.4.x86. for a reported price of $175,000.
The purchaser, Charles Kaeppel, gave in
part paj'ment sixteen lots located as fol¬
lows:    50  X   100  on   the    west   side   of





Realty Company Buys.
The American Real Estate Company
has purchased from the Adroit Building
Company, Joseph M. Brody, president,
32-34 East 31st street, a twelve-story loft
building on a plot 45x100. The building
is provided with unobstructed light on
account of the low church structure ad-
joilning on the west. The building was
completed and offered for rental in the
winter of 1915. and was fully rented upon
completion. In addition to cash, the
.American Real Estate Company gave
for this property eleven lots located on
the west side of Townsend avenue, at
East 170th street, a portion of the va¬
cant property acquired last year from
Vincent .\stor; also the two five-story
apartment houses 945-949 Hoe avenue,
Bronx. It is understood that the Town-
send avenue lots are to be improved with
five-story apartment houses. The trans¬
action involved aljout $500,000.





A Northerly Fifth Avenue Home.

The four lots at the north corner of
Fifth avenue and 108th street, with a
frontage of 75 feet on the avenue, and
125 feet in the street, have been sold by
the estate of Charles Parsons to a client
of the J. P. Whiton-Stuart Company,
who. it is reported, will erect on this site
a private dwelling. This project, if
carried out, is an unusually interesting
one because it would mark the most
northerly, costly private house on Fifth
avenue, south of 110th street. Last
November James Byrne purchased a
plot 50 X 100 on Fifth avenue, 50 feet
north of 98th street, as a site for a resi¬
dence and about a year ago John Russell
Pope bought the block front between
96th and 97th streets for improvement
with two private  houses.





Concourse Deals.

The D. H. Jackson Company sold,
through J. P. Finneran and P. J. Ryan,
the plot 96 X 100 at the southwest cor¬
ner of Grand Boulevard and Concourse
and 197th street to Emil Krauss, who
resold the property to the Lemarac
Realty Corporation which also bought
the plot, 75 X 100, on the west side of
Concourse, 96 feet south of 197th street,
and the dwelling, on lot 25 x 140, on the
east side of Creston avenue, 146 feet
south of 197th street. This gives the
purchaser a frontage of 163 feet on the
Concourse and 25 feet on Creston ave¬
nue, and 100 feet on 197th street, which
may be improved with three five-story
flats. Negotiations are reported to be
under way for its resale to a builder.





More Heights  Buying.

Harris & Maurice Mandelbaum have
purchased from the Loyal L. Smith
Estate, the plot of ten lots, 250x100, in
the south side of West 182nd street, be¬
ginning 140 feet west of Fort Washing¬
ton avenue. The broker was the J. Ro¬
maine Brown Company. The plot ad¬
joins the "Highlands" apartment house
at the southwest corner of Fort Wash¬
ington avenue and 161st street, and will
probably be resold to builders. This
transaction brings the purchase of Har¬
ris & Maurice Mandelbaum in that im¬
mediate neighl)orhood up to about ISO
lots within the last two years, practically
all of wliicli have been resold to apart¬
ment house builders.





University Club May Enlarge.

The University Club, whose club
house is at the northwest corner of
Fifth avenue and 54th street, on a plot
with a frontage of 100.5 feet on Fifth
avenue, 150 feet in 54th street, with a
25-foot "L" to 55th street, surrounding
the Hotel Gotham, has taken an option
to  purchase  from  George   Sherman   the