Columbia University Libraries Digital Collections: The Real Estate Record

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RECORD AND GUIDE. July 15, 1899. succeeded in turning their holding into satisfactory assets. The General Society of Mechanics and Tradesmen obtains, in the Berkeley School, an excellent property for its use. The Univer¬ sity, in turn, has resold one of its présent acquisitions, namely, the library building at No, 18 East IGth street. It remains now to be seen what can be done with the parcel at Nos. 711 to 715 Tth avenue, including Nos, 168 to 170 West 4Sth street, which, -thcugh possËSsing spéculative value, lies in a neighborhood whose immédiate future is uncertain. Other items of gênerai interest published âuring the week were the purchase of additional land in Bronx Borough by the Manhattan Railway Co., preparatory to an extension of its line to Fordham; the déclaration of the Mayor giving assurance of a revival of the Project to house the principal city departments in one grand municipal building; and the voting of some 3^2,000,000 for dock improvements. The total number of transactions reported below is 40, with considérations given in 10, amounting to $2,302,500; for the corresponding week in 180S the figures were 31, 5 and $187,000, respectively; for last week, 2G, 4. and ^,524,000. Business was light in the Real Estate Salesroom this week, being confined chiefly to auctions at foreclosure. Rather more than the usual proportion of the forced oiîerings, however, were taken by other than plaintiffs, and in some instances the bidding was brisk, This was particularly the case with the old Jewish cemetery in SSth street, west of Park avenue, because of its suîtableness for improvement. Thirty-flve of the lots offered by Richard V, Harnett, at Jamaica, L. L, were sold. Gossip of the Week. SOUTH OF 59TH ETREET. Beaver st, Nos. 51 and 53, old building, 63.7x145.9x34.2x44.6x15 xlOO; seller, The Ely estate. Nos. 55 and 57 Beaver st, adjoining (î-sty building, 25.4x110,6x38x112.9, was bought by the Corn Exchange Bank, in 1892, for IjîllO.OOO. the price reported for this sale îs $250,000, and the Corn Exchange Eank is reported to be the buyer of this and Nos. 15 to 19 William st, which aiso ad¬ joins the bank building. The New Tork Realty Bond, Exchange and Trust Company are given as the buyers, but from a relia¬ ble source we learn that if they did buy, they hâve resold to the bank. Exchange pi, Nos. 44 to 52, old buildings, 103.4x102.7, with ir- regular interior lot having a depth of 122; sellers, the Exchange Pïace Realty Co.; buyers, The New York Realty Bond. Exchange and Trust Company; broker, S. Goldsticker; price, about $850,- 000. Beaver st, Nos. 47 and 49, old buildings, 30x100; buyer, The New Tork Realty Bond, Exchange and Trust Co.; brokers, H. H. Cammann & Co. ; prlce, $80,000. In connection with this pur¬ chase and that of Nos. 44 to 52 Exchange place it is reported that the purchase of thèse are only a small part of- a whole scheme which comprises the acciuisition by the same parties of the whole of the Broad st front between Exchange place and Bea¬ ver st, excepting the corners. This would give them a T-shaped property with a front on each of three streets and making it one of the largest transactions in real estate that has taken place in a long time. W^illiam st. Nos. 15 to 19, 5-sty buildings; seller, Cutting es¬ tate; huyer, Tbe New York Realty Bond, Exchange and Trust Company; brokers, P. Southack & Co.; price, $300,000. No. 23, a 4-sty building adjoining, 23.4x110.2x35.3, on the rear sold in 1869 for $120,000, and was sold at foreclosure in 1898 for $110,- 000. Orchard st. No. 1G4, near Stanton st, 6-sty tenement; seller, Samuel Mandel; buyer, Mrs. Margaret Jaeger; broker, William Hennessey; price, about $40,000. Stanton st. No. 30i near Forsyth st, old building; seller, Louis Knecht; buyer, Jacob Heller; broker, William Hennessey; price, $20,000. Morton st. No. 62, near Hudson st, 3-sty and basement dwell¬ ing. 25x100; seller, S. Kane; buyer, James Lanbrigan; broker, S. Albrecht. 42d st. Nos. 317 to 321 West, old buildings, 25x100.5 each; sel¬ ler, M. G. Pressinger; buyers, J. K. Seagrist and J. Wollworth; broker, J. Edgar Leaycraft. Charles st. Nos. 84 and 80, near Bleecker st, old buildings, 37.6 xOO; buyers, Lowenfeld & Prager. Norfolk st. No. 170, near Houston st, 5-sty tenement, 25x100; buyers, Lowenfeld & Prager. 4th st, No. 378 East, old building, 18.9x96; buyers, Lowenfeld & Prager. 3a av, southeast corner of llth st, old buildings, 100x60; sel¬ ler, Hamilton Fish estate; buyer, Michael J. Adrian. Washington st, southwest corner of Beach st, 6-sty building, 21.5x75; seller. John Walker; buyers, Manley A, Ruland and William Duryea. The buyer takes in part payment a plot of lots In South Brooklyn. Tbe New Tork property was recently leased to the Government at $7,000 a year. 22d st. No. 110 West, old building, 16.8x98,9; seller, John B. Walsh; buyers, Adams & Co.; prlce, $30,000. The buyers occu- py the block front from 21st to 22d st, on 6th av. This pur¬ chase gives them the building adjoining on 22d st. It has been reported from time to time that they would erect a new builij- ing on the 6th avenue site. 35th st. No. 142 East, 4-sty dwelling, 14.9x07.0; seller, Rohert Emmet; buyer, Charles C. Nadal; brokers, E. H. Ludlow & Co, Norfolk st, west sîde, 75 feet north of Broome st, old buildings, 52x100; buyer, Samuel Wacht. Avenue B, No. 104, 5-sty tenement, 21x65; seller, Mrs, Bella Bergofîen; buyers, Mayer & Oppenheim; brokers, Charles R. Par- uolo & Co. and H. L, Rosenbaum. The property has been leased by Charles R. Faruolo & Co. to H. L. Rosenbaum for twenty- one yeara at $1,500 and repairs. 50th st, No. 150 West, 3-sty dwelling, 20x60x100.5; seller, Dr. Eliot Gorton; buyer, Charles E. Goggins; brokers, Ranald H. Macdonald and J, Arthur Fischer. Monroe at, 26, 26^^, 6-sty tenement, 30x53; sellers, S. Jacob & Co.; buyer, Fishel Marcus. 44th st. Nos. 18 to 24 West, 4-sty building, 100x100.5; sellers, Columbia University, which takes in exchange Nos. îll to 715 Tth av; Nos. 168, ITO West 4Sth st, and No. 18 East 16th st; buyer, the General Society of Mechanics and Tradesmen; brok¬ ers, W. B. Taylor & Sons, The deal is said to involve $700,- 000; $350,000 for the 44th st property and a.like amount for'that given in exchange. The University acquired the 44th st prop¬ erty in a trade for the old Columbia Collège property in No¬ vember, 1898, the Berkeley school flgured in that trade at $100,- 000. Columbia University has since resold tbe IOth street parcel. 3d st. No. 172 East, 3-sty building; Winthrop leasehold, seller, Joseph Collett; buyer, Ignatz Martin; broker, John H: Loscarri. Avenue B, No. 270, old building, 26x70; seller, Irving I; Kemp¬ ner; buyer, Margaret Tarnall. 49th st, north side, 209 feet east of Madison av, 21x100, vacant; seller, Charles Buek; buyer, Douglas Henry; broker, B De For- rest Simmons. The buyer will build a high-class dwelHng. NORTH OF 59TH STREET. " Î^JÏ Park av. No. 1221, northeast corner of 95th st, 5-sty flat, '25.8* 90; seller, John Ottendorfer, who takes in exchange two houses on Lexington av. 136th st. No. 235 West, 3-sty and basement dwelling, 16x50x 100; seller, J. J. Duffey; broker, Henry Marks. 95th st, north sîde, 100 feet east of Lexington av, 50x100.8, vacant; sellers, John Hayes; buyers, Adelson & Slone. who bave resold with a loan for Improvement to Carrie Gault; bro¬ ker, Henry S. Hewson, 104th st. No. 254 West, 3-sty brownstone dwelling, IGxSO; sel¬ ler, Clarence True; brokers, Rusber & Babcock. 149th st. No. 638 West, 3-sty and basement dwelling; seller, P. H. Lynch; broker, C. A. Du Bois. 2d av, northwest corner of 113th st, 5-sty flat, 25x100; seller, Sarah Carroll, 106th st. No. 125 East, 4-sty dwelling; seller, Steven Brodte; broker, John Armstrong. 112th st, south side. 358 feet west of Sth av, 212x100.11, vacant; sellers. Janpole & Werner; -buyer, Edmund Coffln; broker, S. Goldsticker; price, $85.000, Columbus av, Nos. 1300 to 1306, northwest corner df l'24th st, 5-sty building, 50.5x100; seller, Richard H. Clarke, Jr., who takes în exchange the 5-sty flat, 24.11xT5, at the southeast corner of Tth av and 130th st; buyers, Morris and Thérèse Neiman; bro¬ kers, A. E. & B. A. Karelsen. Tth av. No. 219T. See Columhus ay. Nos. 1300 to 13C6. llStb st, north side, 460 feet east of Lenox av. T5xl00, vacant; seller, Cbarles M, Rosenthal; buyer, tbe Congrégation Chaarl Zedek. 148th st. No. 224 West, 5-3ty flat, 25x99.11; seller, Ernst-Marx- Nathan Co.; buyer, a Mrs. Burge. THE BRONX. 14Gth st, south sîde, 125 feet west of St. Ann's av, 5-sty flat, 25x100; seller, Lena Adler; buyer, a Mrs. Fabyn. Jackson av, west side, '319 feet north of 165th st, 30.5x75, va¬ cant; buyer, William Horum, LEASBS. Geo. R. Read has leased for William Waldorf Astor to Rogers, Peet & Co., the new 6-sty building to be erected at the north¬ east corner of Broadway and 13th st, running through to 4th av. The plot has a frontage on Broadway of 63,4, on 13th st of 251 feet, on 4th av of 135 feet and is 219 feet on the northerly line. The lease is for fifteen years and the aggregate rental la reported to be $1,000,000. Building opérations will not be started until next year, B. M. Strauss & Co. hâve negotiated the lease of a building on Broadway, south of 8th st, for aterm of years, at an aggregate rental of something over $600,000. The lease, it is stated, is for a building to be erected. At the brokers' offices ail information was refused. G. Nicholas has leased for H. A. Hutchins, to Parsons, Scarlett & Wallender, the store at 39th st and Sth av, for the term of five years, at $6.000 per annum; aiso basement store to F. Haas for the term of five years, at $3,000 per annum. Bind your copies of the "Record and Guide." They are Invalu- able for search and référence. We wlll either blnd your copies in half-sheep for $1,75 a volume, or in half-morocco for $2,00 a volume, or supply you with handy binders, which you can use yourself, for $1.00, postage nineteeri cents. "Record and Guide" offlce, 14 and 16 Vesey street, ' ' ■ _ _