Please note: this text may be incomplete. For more information about this OCR, view
About OCR text.
44
RECORD AND GUTDE
July 13, 1918
Established 1879
WILLIAM P. RAE
COMPANY
APPRAISERS
AUCTIONEERS
192MontagueStreet
Telephone Main 4390-4391
BRANCH OFFICES
400 Nostrand Avenue
Sea Gate, New York Harbor
Jamaîca
Brokers, Attention!
The Realty Associates desire to
co-operate with brokers in every way
possible. We sell property on easy
terms, paying full commissions to
brokers.
We have lots, flats, dwellings,
and business property in all parts
of Brooklyn, making a specialty of
our well known Easy Housekeep-
ing Homes in Prospect Park East.
Fifty-Fourth Street and other sec-
tions of Brooklyn.
It wiU pay you to get in touch
with us.
Realty Associates
Capltal and Surplus $5,000,000
162 REMSEN ST. BROOKLYN
Telerhone 6480 Main
ESTABIJ3HED 1861
BROOKLYN
ESTATE MANAGERS
Memberi Brooklyn Board of Reftl BAaM Broksn
NOAH CLARK, Inc.
B. E. PATTEBSON. Predlleiit
REAL ESTATE
Water Fronts, Factory Sitea
Appraisals
837 Manhãttan Avenue
Brooklyn, N. Y.
Member Brooklyn Boarcl
of Real Estate Brokers
BROOKLYN
REAL ESTATE
EXPERT APPRAISER
S. WELSCH
215 MONTAGUE STREET
Brooklyn
Tel. 2738-9 Main Bmnch, 177 Seventh Ave.
Tel. Decatur
S 464
Slembcr Brooklyn Board of Brokers
Andrew Reis Co.
REAL ESTATE BROKERS
and
Managers
Eastern Parkway
Section Specialists
233 Kingston Av., Cor. St. Johns Pl.
Brooklyn, N. Y.
RECENT LEASES.
Plot Leased for New Building.
The Western Union Telegraph Com-
pany lias secured a ground lease with
privileges of renewal aggregating a
period of fifty years of the plot 38 to
40 Broad street, running through to 34
to 36 New street, containing approx-
imately 7250 square feet. W. W. Bos-
worth has been retained as architect
and Marc Eidlitz & Sons, Inc, as build-
ers, to erect thereon a six-sfory build-
ing, to be utilized by the company as
its principal cable operating terminal
and commercial ofîice. The company
has found its present cable quarters at
8 to 16 Broad street and 62 Broadway
entirely inadequate for handling the
large increase in the volume of cable
business since 1914 and particularly
since the United States entered the
War. It is purposed to transfer the
cable employees and move the cable
terminals from the present offices to
the new building as soon as the latter
is ready for occupancj'. The facilities
for handling the cable business will be
greatly improved in the new quarters
and the location of the commercial of-
fice will be accessible and convenient for
the public. The property belongs to
the owners of the Johnston Building,
aiid this is composed of Mrs. Robert W.
I)e Forest and Mrs. Francis J. Marley.
The brokers were the Douglas Robin-
son, Charles S. Brown Co.
Globe Wernicke Co., Leases Warehouse.
The Globe Wernicke Company has
leased from the Astor Estate for a long
term of years at an aggregate rental of
$200,000, for exclusive warehouse pur-
poses, the building at 134 to 140 Grand
street, northeast corner o{ Crosby
street, on a plot 100x125, and contain-
ing 90,000 square feet of space. This
building is equipped with special ele-
vators, conveyors and all other modern
facilities for insuring quick delivery of
furniture in the Metropolitan district.
The lessee selected this location on ac-
count of its close proximity to its main
showrooms at 4S1-4S3 Broadway, which
property it purchased and reconstructed
for e.xclusive office and showroom pur-
poses. This is the largest building ex-
clusively used by one firm in New York
for this line of business. Other retail
branches operated in New York by the
Globe Wernicke Company include 6
East 39th street; the Standard Oil Ar-
cade, 50 Broadway, and 30 Church street.
The Charles F. Noyes Company has
acted as the broker for the Globe Wer-
nicke Company in all of its transac-
tions.
Theatre Sites Leased.
Selwyn & Co. announced that they
had concluded negotiations with Sperry
& Hutchinson for the leasing of the site
at 215 to 223 West 42d street. running
through to 228 to 234 West 43d street,
with a frontage of 105 feet on 42d street,
and 75 feet on 43d street. Two theatres
will be erected on the site, which has
already been excavated. It is under-
stood that the rental wilí be $75,000 a
j'ear plus taxes, for a twenty-one-year
term, with renewal privileges. Sperry
& Hutchinson were represented in the
deal by Stoddard & Alark as attorneys,
while Ernest & Cane acted for Selwyn
& Co. A six-story theatre and office
huilding is now being erected on ad-
joining property to the west.
Knott Brothers Add to Hotel Chain.
Sherifî David H. Knott and his
lirothers, J. E. and W. J. Knott, who al-
rcady conduct ten hotels in this city, a
number of which are in Washington
square section, have negotiations under-
way for adding another to their chain.
They will lease the Hotel Albert, at the
southeast corner of University place
and llth street, one of the largest hos-
telries in that section. It is known as
67 to 75 University place and 42 to 50
East llth street. On the corner is a
seven-story structure, and adjoining on
the street is one of five stories. The
FOR SALE,
FLATBUSH
961 East 18th Street
(Between Avenues I and J)
Modern House with Ten
Large Rooms and Two
Baths.
Living-Room, Music-Room, Dining-Room,
Kitchen (coal and gas ranges), Library,
Three Bedrooms, BiUiard-Room and Maid's
Room. Parquet Floors, Sleeping Porch
and large Front Porch.
Two Blocks from Brighton Beach Line
and same from Ocean Avenue TroUey.
Inquire of Owner. Telephone Midwood
2604-W or Broad 3998.
FuU Commission allowed.
FOR SALE OR LEASE
For long term, the buildings 370-372-374
East Houston Street. This site has been
used by the old-cstablished flrm, "Alt-
nian Furniture Company," for more than
forty years, and tlie buildings, which
are practically new, are adapted for that
purpose, or are suitable for manufactur-
ing purposes or wholesale house.
ALBERT E. KELLY
Successor to
Frederick A. Booth
41 UNION SQUARE, NEW YORK
Tel. Stuyvesant 1125
James L. Brumley
ESTABLISHED 1888
EXPERT
Real Estate Appraiser
Broker and Auctioneer
189 MONTAGUE ST.
Telephone BROOKLYN, N. Y.
Let a trained and
equipped organization
manage your prop-
erty.
SPEAR&CO.,RealEstate
840 Broadway, New Tork
GET THE REAL FACTS
When you want to know tlie value of
Brooklyn Real Estate, why not reap the
beneflt of our records extending for a
period of 50 vears?
BULKLEY & HORTON CO.
585 Nostrand Ave.
414
7508
Nostrand Ave., nr. Dean St. J
Myrtle Ave., nr. Cllnton Ave. > BROOKLYN
Thlrd Ave., nr. 7.ith St. \
Established 1879
WlLLIAM G. MORRISEY
REAL ESTATE
BROKER APPRAISER
189 MONTAGUE STREET
Telephone |||| MAIN
Members Broolclyn Board of R. E. Brolcers
HOWARD C. PYLE
GEO. H. GRAY
Brooklyn Real Estate
Howard C. Pyle Co.
Mortgage Loans Expert Appraising
201 Montague Street BROOKLYN
)