February 17, 1912





RECORD  AND  GUIDE





327





REAL ESTATE NEWS





Tiie Week's Brokerage, Sales, Leases and
Public Auctions.





Big Deals Made Thi; an Exceplional Week in
Manhattan—Several Important Siles Sold or
Leased—Trading in All the Olher Boroughs Ex¬
tremely Limited.





The total ntimlDsr of sales i-eported in
t'his isue for Manhatan .and the Bronx
is 51, of which 21 were below 59th street
and 16 above, and 14 in the Bronx. The
sales reported for tho corresponding week
last year were 40, of ivhich 17 were be¬
low 5flth street, 19 ahove'and 10 in the
Bronx,

The total number of mortgages re¬
corded in Manhattan this week was 101"!
and in the Bronx SO. The total amount
was $e,0SS,S45.

The'amount involved in auction sales
t'his week was .'iil,047,25'2 and since Janu¬
ary iP6,617,66S."





Biggest Sale of the New Year.

Herbert DuPuy, of Pittsburgh, haa
bought from the S!)Lh and 90th Street
Company through L. J, Pihillips Sc Co., the
Admaston aipartment house at the north¬
west corner of Broadway and SOth street,
and the Evanston, at the southeast cor¬
ner oC West End avenue and 90th street.
Both are 12-stGry structures, the former
occupying- a plot 10n,SxI50 and the latter
covering a plot 100,8x102.0. The land on
which the buildings stand is part of the
block formerly owned by the estate of
Thomas W. Evans, of Philadelphia. The
buyer gave in part payment property on
Pennsylvania avenue and Oth street, Pitts-
hurg. opposite a plot, which Robert E.
Dowling took in part payment for the
Hotel Empire at Broadway and OGth
street when he sold it to Mr. DuPuy.
It is said that about .$-t,000,000 was in¬
volved in the transaction, making this
the largest deal to be closed so far this
year.





Stern Bros., Lease Finally Ciosed.

The long pending lease hy Stern Broth¬
ers, of 23d stree'i, of a big plot on 42d
street, mention of which has heretofore
been made in these columns, was finally
Consummated this week. Mrs, Louise M.
Gerry, represented by the Cruikshank
Company, has leased the old Harmonie
Club property and the abutting plot on
4.3d street to and including the corner of
Sixth avenue and containing something
over 40,000 square feet. The Pentalpha
Realty Company, represented by Henry
D. Winans & May, has also leased the ad¬
joining property at 37 to 41 West 42d
street and 40 and 48 West 43d street. The
parcel at 29 to S3 West 42d street, occu¬
pied by the Spalding huilding, is also in¬
cluded ill the transaction.

The entire plot has frontages of 2.34
fee't on 42d street, 442 feet on 43d street
and 110 feet on Sixth avenue. An eight-
story fireproof department store with all
modern improvements will be erected from
plans by John B. Snook's Sons, to be ready
lor occupany by Pebuary 1, 1913. Omi
of the features of the bnildin.g will, be a
large carriage entrance and driveway on
43d street. The lease on the Spalding
building had about 17 years to vun and
it is understood that a large price was
paid for the  cancellation  of it.

In connection with the transaction it is
also reported that James A. Hearn & Son,
now located on 14th street, are planning
to take over the present Stern's build¬
ing on 23d street, but this was denied by
Hearns.





PRIVATE  REALTY SALES.
Manhattan—South   of   59th Street.

4TH ST.^Max N. Nathanson sold tor the
Sampler estate, !) Bast 4tb st, a G-sty lofl
building, oil lot 25xOS, witb an "L" 2ox35. lo
Adol f H. Landeker. Tbe properly was held
at $80,000.

12TH ST.—Van Vliet & Place resold for Henry
Rousby 277 and 270 "X^'esl 12th sl, two 4-stv
dwellings, on plot 30.4>:3C, adJoininK tbe north¬
east  corner of  'West 4th st.

22D ST.-M, & L. Hess sold for the Flemish
ReaUy Co,, Goldberg and Kramer, tbe McCon¬
nell Building, at :3 to 21 East 22d st, a 12-Ety
loft structure on plot l-1.7ixOS.O. adjoining the'
northeast .corner of Broadway, to Charles and
Frederick Hirsebhorn. The buyers gave iu
part payment Knowlton Court at the northeast
corner of Broadway and IdSth st,. a 6-sty
apartment on plot 100xl2.'i, The same brokers
have negotiated a loan of $225,000 on the lat-'
ter parcel. The transactions involved about
-¥1,400,000, the Ioft building being beld at
$1,000,000  and  the  apartment  at .^400.000.

3STH ST.—Heil & Stera sold for Alice Moore¬
head and others 60 West SSth sl, a 4-sty build-





The Title Insurance Co., of New York

EDGAR J,  LEVEY,  President                       FRANK L,  COOKE, Secretary

JOHN D.  CRIMMINS,!-,-.     „     .,              CHAUNCEY H, HUMPHREYS, Ass't Sec'y

CLINTON  R.  JAMES,   Vice-Presidents        GERHARD KUEHNE, Jr„ Ass't Treas.

CYRIL H. BURDETT.        -                         Hon. ABRAHAM R, LA'WRENCE, Counsel

Gen'l Mgr. and Counsel

Capital and Surplus, $3,000,000

Examines and Insures Titles to Real Estate on Sales and Loans, and Deals in Mortgages
135 Broadway, Manhattan, and 203 Montague Street, Brooklyn





THE QUEENSBORO CORPORATION

Dealers in and Developers of

QUEENS BOROUGH REAL ESTATE

ACREAGE. PLOTS, LOTS, HOUSES, FACTORY SITES
IMPROVED   PROPERTY   FOR  BUILDING PURPOSES

F. G. RANDALL, Sales Manager

BRIDGE PLAZA NORTH, L. 1. CITY                                                             366 FIFTH AVENUE





ing on lot 2O.I0x9S,0, to Daniel J. Carroll.
Tucker.   Speyers  &  Co.  represented  the  seiler,

42D ST.—L, J, Greenberger sold for Stephen
H. Jackson 34!) East 42d st, northwest corner
of Prospect pl, a 4-aty flat, on lol 17xoS.

44TI-I ST.—Pease & Elliman sold for the es¬
tate of Phebe H, Robinson, R. Remseu Robin¬
son and Edward B. Perkins, of Poughkeepsie,
N, Y., as e.\ecutors, the 4-sty dwelling 3 East
.14th st, on lot 27x100,5, adjoining Delmonioo's,
lo Margaret B. Moran, a dressmaker from Phil¬
adelphia, who will extensiyely alter the prop¬
erty and use -it for her own business. Tbe
price was reported at being about $6,000 a front
foot.        -    '

4STH ST.—George Kraus sold for Henry Koch
4r>l  "West 48tb  st,  a 5-sly  flat on  lot 24,0x100,0,

40TH ST.—Joseph F. Seitz, sold for F. R,
Higgins, 250 East 49th st, a 3-sty dwelling, on
lot 19x100.                       ^    ■  .■

49TH ST,—Irvins T. Kempner sold to Von
Glahn Brothers 3ij|j "Vi'est 49tb st, a ."J-sty tene¬
ment, ou lol 25x100, Maurice Strauss was tbe
broker,

SOTH ST.—Herbert A. Sherman sold for tbe
estate of 'William -C, Bglest'on', through the
United Slates Truat Co," as trustee", tbe 4-sty'
dwelling, on lot 2.3x100.5, at 19 "West 5Sth sl,
between Sth and (ith avs. The property has
been held at .'(;105.000.' Tbe price paid was a
little under $97,1100, at which figure the prop¬
erty  is  assessed ■ by  Ihe city."

r)7TH ST.—Mooyer & Marston and the Cruik¬
shank Co, sold for Ihe estate of John J.
Clancey to Fritz Fuchs 337 'West 57th St, a
4-sty   dwelling,   on   lot  20x100,5.

5&TI-I ST.—Martin Sc Schmonsees sold for
Jennie Stumpf, 43S '^'est SSth st, a 5-sty double
Hal on  lot 25x100.

AV B,—Jacoh Fish sold the 6 tenements, on
plot 00x15, at .04 to 74 Avenue B, southwest
corner of 3th st, " The adjoining house at 5^10
East 5lh st, "27x96, bas also been sold by tbe
Rudolph Wallach Co. Tbe combiued site meas¬
ures lie ft on Avenne B and 100 tt in 5lh st.
It is said Ibat a theatre will be erected on the
site.

AVB.^-E. Kline sold for Louis Rosenberg 62
Av E.- a fi-sty tenement, on lot 24x100, to H.
Freedman.

WEST BROADWAY,—Mary B, Bran,degee sold
12-i West, Broadway,, southwest corner of Duane
.'^T,  two  4-sLy buildings on lot 25x49.fi,

1st AV.—Lowenfeld Sc Prager sold to Simon
Shapiro the G-sty teuement on plol 44.10x83 at
tbe  southeast corner  of  Isf av and  1st st.

4TH AV,—Andrew P, Gilsey sold lor A. & L.
Schwab, 433 4th av, a lot 21x100, to Harry C.
Hallenbeck, who owns the adjoining Aldine
Hotel property. Mr. Hallenbeck now has a
plot 52,4x100,     Ko,   433  was  beld   at S^IOO.OOO.

STH AV.—Cbarles Scribner's Sons bought
r;'om the heirs of Roswell P. Flower 507 and
591) 5tb av, 'just north of 48tb st. Tbe property
bas a frontage of 50,5 ft. on the avenue and
a depth of IOD ft. The site has been held at
SSOO,00.0, hut it is understood that somelbiUK
less than this figure was paid. A tall .structure
will be erected on the site to be occupied by
Ibe retail department and editorial rooms of
Scribners. ■ "The wholesale department ' and
manufacturing jilant will remain in the build¬
ing recently erected for these branches on 43d
st,, near Sth av.

fiTH AV.—Harris and Maurice Mandelbaum
bought from tbe Cily Rea! Estate Co. S82 Cth
av.   a  4-sty   building  on  lot  23.0x05,

OTH AV.—Mooyer Sc Marston sold for tbe
Farmers' Loan and Trust Co. to Ennis Sc Sin¬
nott 852 fith av, a 4-sty building on lot 22x
50,9,   adjoining  the  northeast  corner  of  4,Sth  st.

7TH AV.—Theopbiie Kick bought the 2 4-sty
brick dwellings, on plot 29.4x(;l\ al 471 and
473 Ttb av, from Mrs. Kate C, Boyer, of East
Orange; N, J. Edwin A, Baylis and Stephen
S. Johnson ,were the brolcers. The' buyer now
bas a plot fronting 0S.9 ft ,on 7tli av, and 140
ft on ..'iOtb st, being the southeast corner of
these Uio.roiighfares. The lower bail of this
block on the avenue is occupied hy the New
York Slate" Arsenal, numerous reports of the
sale of wliich ,by the State have recently been
circulated. No improvement oii the site has
been announced.





Officers and Directors of the
Brooklyn Board of

Real Estate Brokers







)VILLIAM G. 3WRETSBY
FR.IYK II. TYLER
THOMA.'i HOYENDEN
EUGENE J. GRANT





President

Vice-President

Treasurer

Secretary/





DIRECTORS

DcHart Bergen         .           Moward G. Pyle

Isaac C'oTtelyoit                  Eugene J. Grant

V/illiam P. Rae                  Isaac H.  Gary

Thomas Movenden,              David Porter

Frank H. Tyler                 A. J.   Waldron

Win. G. Miirriscy               F. B. Snow

0. C. Mollenhauer               William B,. Smith

FniJoickJJ. Small

DIRECTORS EX-OFFICIO

■Tohn Pullman                 Artliiir I!.   Gritman





Tel. 9570 Madison Square

Hell & Stern

REAL ESTATE

1165-7    BROADWAY

N. W. Cor, 27lh Street





We beg to announce that we
have consolidated our offices at
the above address.

We have taken additional space,
our facilities and office staff have
been increased, and as heretofore,
will make a specialty of

BUSINESS PROPERTY

from Grand to Forty-second   Sts.





Prcd'k G. Hobbs, Pros,       Fred'k H, Birch. Tro.ia,
Geo Lr, Slaw.sou, Viee-Pres,   Chas. D. Hobbs, Secj-

SLAWS0N & HOBBS





Real Estate
162 WEST 72d STREET