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RECORD AND GUIDE
January 9, 1915
EPRIVATE REALTY SALES.
Properties in tlie mid-town section
figured prominently in the business of
the first week of the new year. The
announcement that Brokaw Brothers had
taken a long lease of the Henry Phipps
Estates property on the site of the old
Saranac Hotel, just south of the Heidel¬
berg Building, on Broadway, and that
they would build a new structure for
their own occupancy means another im¬
portant removal into the new retail dis¬
trict. The new location, however, indi¬
cates a deviation from the evident policy
of the firms which have recently joined
Wants and Offers
The rate for Advertising under this heading is
15 Bents per line, nonpareil measurement, with
a minimum of four lines. Copy received until
3 P. M. Friday.
WANTED—A partner in the real es¬
tate and insurance business. A broKer
established since 1907, is desirous of se¬
curing a partner, preferably one having
his own business which could be merged
with mine, or might consider one who is
now employed in a high capacity. Adver¬
tiser is a gentleman, of good New 1 oik
faniilv, belonging to the Episcopal Church.
Would like a partner of the same stand
ing. Address, Sincere, Box 460, Record Se
WANTED—Used atlases in good condi¬
tion' 2 of Queens. 2 of Brooklyn, and 2 of
The Bronx. G. W. Bromley's Preferred
No objection if dated not later than 8
years back. Communicate with Mr. Geo. fa.
Hi^tz. 26-28 Beaver St., New York City.
Telephone, Broad 33S3.
WANTED in Real Estate office, a com-
netent. experienced broker, with knowl¬
edge of Real Estate values. Liberal sal¬
ary- -.0 commissions. State experience
and salary desired. Address Box 456, Rec¬
ord and Guide. __________________^
WANTED—Atlases of Sth and 30th
Wards, Brooklyn, with recent apportion¬
ments. Must be cheap and in g09d con¬
dition. Can also use some good office fur¬
niture. Box 458, Record Se Guide._______
WE ARE entirely out of NEW YORK
Edition of Record and Guide of November
28 1908. We will pay 20 cents for this
number if both sections are delivered to
us in good conditions. This offer will ex¬
pire on Jan. 15. 1915. Record and Guide
Company. 119 W. 40th Street.
American Real Esiate Company
Harriman National Bank Build¬
ing, 44th St. and Fifth Ave.
Stockton Building, 5-9 E. 31st St.
Arena Building, 39-41 W. 31st St.
Hendrik Hudson Apartments,
Broadway, 110th Street, River¬
Developer of A-R-E-CO dis¬
tricts, The Bronx, and Park
Hill, Yonkers. ^ ^
On these types of properties are based
its 6% Bonds, offered to investors in
Coupon form for direct investment, and
in Accumulative form purchasable by
Ammran IRral lEstatp domyauii
Capital and Surplus, $3,247,789.13
527 Fifth Avenue, New York
the uptown movement, to obtain sites
either on Fifth avenue or in the imme¬
diate vicinity of that thoroughfare.
Another interesting deal involved the
Wallack's Theatre property which was
sold by the Treblig Realty & Construc¬
tion Company to Bing & Bing. It was
given in part payment for a West Side
apartment house. According to a cur¬
rent report, another historic playhouse,
the Bijou Theatre, is also the subject ol
negotiations. If the deal is consuni-
mated, it is said that the old building
will be replaced with a tall mercantile
An important transaction concerned
the contemplated opening of a new
branch for a large furniture firm, on
Sixth avenue, near 45th street. In Long
Island City the desirability of Thomson
Hill for manufacturing purposes mani¬
fested itself in the acquisition by a large
music publishing company of a big
tract of land which will be improved
with a factory building. A probable
factor in the selection of this plottage
was the fact that it is located a short
distance from a station of the new dual
rapid transit system that will place it
about eight minutes' ride from Broad¬
way and 42d street.
All told, the year made an auspicious
beginning, and the week's business _may
be regarded as unusually encouraging.
The total number of sales reported
and not recorded in Manhattan this week
was 15, as against 19 last week and 16 a
The number of sales south of 59th
street was 3, as compared with 9 last
week and 1 a year ago.
The sales north of 59th street aggre¬
gated 12, as compared with 10 last week
and 15 a year ago.
The total number of conveyances in
Manhattan was 171, as against 95 last
week. 16 having stated considerations
totaling $518,850. Mortgages recorded
this week number 105, involving $2,003,-
761, as against 51 last week, totaling
From the Bronx, 8 sales at private
contract were recorded, as against 6 last
week and 2 a year ago.
The amount involved in Manhattan
and Bronx auction sales this week was
$1,517,106, compared with $585,958 last
week, making a total for the year of
$1,517,106. The figures for the corre¬
sponding week last year were $1,087,509
and the^ total from Jan. 1, 1914, to Jan.
10, 1914, was $2,936,635.
Bijou Theatre May Be Sold.
According to a report yesterday, the
old Bijou Theatre, at 1237 and 1239
Broadway, through to 502 and 504 Sixth
avenue, has been sold by Mortimer L.
Schiff to the Isaac A. Hopper Construc¬
tion Company, Walter F. Hopper, presi¬
dent. At the offices of Kuhn, Loeb &
Company where Mr. Schifif is associated,
it was said that the announcement was
premature. It was admitted, however,
that negotiations v^-ere pending for the
sale. The property consists of a five-
story theatre building with stores and
ofiices on Broadway and the two five-
story loft buildings on Sixth avenue,
fronting 39.11 feet on Broadway and 41.1
feet on Sixth avenue. If the deal is
consummated, it is said that the new
owner will raze the present buildings
and erect a tall office and loft _structure
on the site. Last January the Bijou prop¬
erty was sold at auction by Joseph P.
Day as a result of a foreclosure suit
brouEjht by Felix M. Warburg, against
the Bijou Realty Company, Albert F.
Sire, president. Encumbrances amount¬
ed to about $482,000. and the knock
down price was 465,000. Several days
later Mr. Warburg conveyed it to Mor¬
timer L. Schiff. The Bijou Theatre was
made famous by actors of the old school.
It was opened in 1883, replacing what
was known as the Theatre Brighton and
the Bijou Opera House. In this play¬
house Henry E. Dixey made the famous
run of six hundred consecutive nights
with his production of "Adonis." For
years it was the home of comedy and
light opera productions. In recent years
it has become a moving picture play¬
Costly Residence to Be Built.
William B. Alay & Company have sold
for the Barney Estate Company the four-
story dwelling, 713 Park avenue, on lot
22x89.9. The house will be demolished
and replaced with a modern English
basement residence. The 69th street
end of the block is occupied by the new
residence of Mr. Geraldyn Redmond,
which was erected two years ago. The
70th street corner is improved with the
residence of Mr. Robert S. Brewster.
On the west side of the avenue, between
these two streets, the improvements con¬
sist of two residences just erected, one
belonging to Mr. George Blumenthal,
on the 7Ulh street corner, and the other
to Commodore Arthur Curtis James, on
the 69tli street corner.
Wallack's Theatre in Trade.
The Treblig Realty Company bought
from the Charter Construction Company,
Bing ik. Bing, the Garland, a six-story
apartment house, in the north side of
West 139th street, between St, Nicholas
and Edgecombe avenues, on a plot of
five and one-half lots. In part payment,
liie sellers took the northeast corner of
Broadway and 3Uih street, a plot of six
and a half lots, 95.8 on Broadway and
142.9 in the street, part of which is
occupied by Wallack's Theatre. A por¬
tion of this property is leasehold and
part fee. The plans of the new owners
could not be learned.
Heights Block Front Sold.
J. Romaine Brown Company has sold
for William B. SomerviUe the block
front on the east side of Haven avenue
from 178th to 17yth street, 185x147, to
Myer Solomon. This block will be im¬
proved by high-class apartment houses
in the immediate future. Mr. SomerviUe
bought the whole block from the Fort
Washington Syndicate prior to the big
auction sale of several years ago, and
it is one of the few blocks in that sec¬
tion which has not yet been improved.
It is one block north of the old Somer¬
viUe residence property, which was
leased some time ago by Ben C. Riley,
proprietor of the Arrowhead inn.
Resells West Side Houses.
Slawson & Hobbs and Louis Cowan
have sold for the Wesley Realty Com¬
pany, John W. Kight, president, 246-252
West 103d street, four five-story Ameri¬
can basement dwellings, on plot
72.6x100.8. The selling company recent¬
ly acquired the property from the estate
of Wallace Brower, in part payment for
the nine-story apartment house at 165
West 83d street. The new owner of the
103d street houses is known as Plain-
field Estates, Out-of-town property was
given in part payment.
School Acquires Building Site.
St. Bernard's School, of 111 East 60th
street, has acquired the 100-foot plot in
the south side of East 98th street, 100
feet east of Fifth avenue, from the
Mutual Life Insurance Company. Ac¬
cording to report, a three-story school
building will be erected from plans by
Delano & Aldrich.
S. L. Pakas has sold to the Anmin
Company, the six-story apartment house,
"Strathcona-on-Hudson," at the north¬
east corner of Haven avenue and 169th
street, on plot 74xl09.3x irregular. The
property has been held at $200,000.
Manhattan—South of 59th St.
aOTH ST.—J. Arthur Fischer sold for Louis
Offncr to Hvman Bloch the 5-sty store and
apartment building 532 West 3yth st, on lot
5rtTH ST.—Ames & Co. have sold for the
Freehold Construction Co. to M. Coughlin, 231
East 56th st, a 5-sty tenement, on lot 25x
Manhattan—North of 59th St.
SOTH ST.—Amelia G. Friedman has con¬
tracted to sell for $05,000 the 4-sty dwelling,
on lot 20x102.2, at 8 East SOth st to Charles
E. F. McCann.
132D ST.—Porter St Co. sold for Anna M.
Smith, the 3-sty dwelling, 78 West 132d st,
13tTH ST.—Hunts Point Realty Co. bought
from the Joseph Rosenthal Realty Co. 502 West
134th st, a 5-sty apartment house, 50x100. In