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July 24, 1915
RECORD AND GUIDE
141
for $190,000 on the Eton Hall apartment
house, at 29 and 31 Claremont avenue.
The entire transaction aggregates about
$1,600,000. J. Curry Watson and Jesse
C. Bennett were the brokers in the ex¬
change. It is reported that Mr. Watson
has leased an apartment in the structure
now nearing completion. The disposing
of the 71st street plot, by Mr. Ziegler,
sets at rest, once and for all, the report
that he will erect on the site a residence
for his own occupancy. Title to the
apartment house will be taken on Feb¬
ruary 1, 1916, or sooner if all the suites
are rented.
Paterno Brothers Buy.
Paterno Brothers, Joseph Paterno.
president, purchased four additional
houses, adjoining 885 West End avenue,
which was acquired to protect the light
of the Mentone apartment house erect¬
ed about two years ago at the adjoining
corner. The properties just acquired
include 881 West End avenue, northwest
corner of 103rd street, together with
883, 887 and 889. The sellers were Mary
C Brown, Elberta Sands, Charles Spie-
<^e\ and Siegfried Steiner. Earle & Cal¬
houn were the brokers. Including 885
West End avenue, which was bought in
November 1914, the builders now con¬
trol a plot 100 -X 100, which not only
serves to conserve the light of the Men-
tone, but also provides a site for a new
apartment house.
Free Rent Refused.
An interesting phase of the recently
reported lease of the building occupying
the block front in 149th street, between
Third and Bergen avenue, recently re¬
ported, developed this week when it was
learned that the LTnited Cigar Stores
Company refused twenty-nine years' free
rent for a. store in the building. The
company now occupies space in the
structure.
An outside investor, who is familiar
with the property, went to the United
Cipar Stores Company and offered them
a laroe profit for their lease of the en¬
tire property. This was refused, and he
then made the proposition to assume
their deal with the Crossways Company
and give the cigar company its store at
Third avenue and 149th street rent free
for the balance of the twenty-nine years.
This was also refused. The property
was purchased recently by Vincent .A.s-
tor for $850,000.
Society Gets Gift.
Gift of a large property in the lower
West Side by Amos F. Eno to the Gen¬
eral Society of Mechanics & Tradesmen
was revealed by the filing of a deed of
conveyance last Tuesday. The trans¬
fer, which was for a nominal considera¬
tion, affects a 5-sty commercial structure
at 418 and 420 West Broadway, extend¬
ing to 94 and 96 Thompson st., between
Spring and Prince sts. What disposi¬
tion will be made of the property will
not be determined until the meeting of
the Society in October.
Obtains Option.
Walter A. Stevens, Inc., of Manhattan,
reports having obtained a limited option
on the property of the late Dr. F. H.
Flagge, at Blauvelt, Rockland county,
N. y. The estate consists of about 98
acres adjoining the railroad and 100 acres
of mountain property adjoining the new
Palisades Park. Mr. Stevens states his
client proposes using the property ad¬
joining the railroad for factory purposes.
Manhattan—South of 59th St.
ELIZABETH ST,—Louis Carreau sold tor the
estate of Philip Bayer 77 Elizabeth st, a o-sty
dwelling, on lot i;ox47,l, to T, Castallano,
MADISON AV,—Leo Hess sold for the
Simeon Drake estate 540 Madison av, a .5-sty
building, on lot liCo.xSCO, So ft, south of 55th st.
The property is leased to Nieholas Martin, dealer
in antiques, on a net basis tor a period of years,
SULLIVAN ST,—Daniel Birdsall & Co,, Inc,
sold the vacant lot, 25,\100, at .No. 120 Sulli¬
van St.
, }^'^^} ,?'^-—^- 'rving Walsh sold tor the es-
o!is"'w ?^°,''.S.'â– '^- Mickens the :!-sty dwelling at
-;48 West 11th st,
Manhattan—North of 59th St.
COOPER ST,—John Lawson sold, throunh
Slawson & Hobbs, four lots in the iorth side
of Cooper st, IOO ft, south ot 204th st, to J. L,
Borrowers
having desirable property on. which loans are
wanted can be accommodated iu any amount at
prevailing rates of interest. Submit your loans
and we can take care of them promptly.
Lawyers Title and Trust Company
188 Montague Street, Brooklyn
44 Court Street, Brooklyn
1354 Broadway, Brooklyn
160 Broadway, Manhattan
381-3S3 East 149th Street
367 Fulton Street, Jamaica
Are You Building for
To'day, To-morrow
or for AU Time?
You have seen many buildings
replaced with new ones during
your day and generation. Per¬
haps the builders of those build¬
ings were not far-sighted. A
private dwelling to-day may be
a "three-family" house a month
hence. An office building may
become a factory, or you may
have to provide for a club or
restaurant on one of the upper
floors.
Provide now for the future and
to-day by
PIPING YOUR
BUILDING
FOR GAS
It's inexpensive while you are
building.
Our experts can help you by
figuring costs and sizes of
pipes or "risers" required.
Consolidated Gas Company
of New York
GEO. B. CORTELYOU, President
Telephone, Stuyvesant 4900