Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 67, no. 1727: April 20, 1901

Text version:

April 20, 1901. ^{^X~OUI^ AM) (;i IDK. 697 132d St. No. 10 East, S-sty flat on lot 25x100; sellers, Boehm & Coon; broker, Julian T. Saxe. 101st Bt. No. 247 West, 414-sty American basement dwelling, 16.8x60x100; sellers, Egan & Hallecy; brokers, Slawson & Hobbs. ■ 109th St. No. 153 East, 4-sty flat on lot 25x100.11; buyer, M. Kamak. lllth Et, north side, 120 feet east of 5th av, extending through to lloth Bt, 75x201.10; seller, Louis Lese; buyers. Gundlach & Koch. Slst st. No. 4 East, 4-sty dwelling on lot 20.5x102.2; seller, Isaac Rosenstein; broker, John J, Kavanagh. Sth av, south corner of S2d st, 6-sty American basement dwelling, on lot 27.2x100; sellers. W, W. & T. M. Hall; buyer, James B, Duke, president of the American Tobacco Co; brokers, L. J. Phillips & Co.; price, about $375,000. 5th av, No 1007. near S2d st, 6-sty American basement dwel¬ ling, on lot 22x100; sellers. W. W. & T. M. Hall; buyer, Mrs. Kate F, Timmerman; brokers. Collins & Collins and B. C. & P. T. Bairy; price, about $200,OOU. This is the third and last house sold in this row within a week, the three sales in the aggregate amounting to between $800,000 and $900,000. The sellers bought the plot 102.2x125 from Columbia College in July, 1898. for $300.- 000. They sold the lot 25x100, beginning 77.2 south of 82d st, to W. H. Gelshenen, president of the Garfield National Bank, for $33,000. Columbus av, Nos. 1300 to 1306, northwest corner of 124th st, 5-sty business building, on lot 50.5x100; seller, Jacob Wolf; buyer. Maxwell S. Mannes. This Is probably given in exchanrre for the Century, a O-sty bachelor apartment house, at 119 West 45th st, recently sold by Mr. Mannes. 122d st, Nos. 230 to 234 West, three 5-sty flats, on plot lOOx 100.11; seller. William H. Jackson; buyer, Louis P. Gandallo. These houses were offered at auction two weeks ago by William M. Ryan and withdrawn on a bid of $30,750 each. They are now mortgaged for $35,000 each. 101st st, No. 251 West, l^A-sty American basement dwelling; sellers, Egan & Hallecy; brokers, L, J, Phillips Co. 105th st. No. 312 West, 5-sty American basement dwelling on lot 20x100; seller. John C. Umherfleld. West End av, Nos. 862 to 86G. three S-sty American basement dwelling on plot 60x92; seller, Joseph Guinet; buyer, J. C. Lyons. These houses are given in trade together with a plot on Convent av, from 140th to 141st st. for Nos. 520 and 522 Broadway, re¬ ported in our issue of April 6. 61st st, No. 119 Bast, 4-sty and basement dwelling, on lot 19x100.5; seller, Mary Sternheim; brokers, Post & Reese. Amsterdam av, southeast corner of 153d st, 4-sty flat; seller, John P. Webendorf er, of Paterson, N. J.; brokers, Charles Grif¬ fith Moses & Brother. &6th st, No. 113 West, 4-sty and basement dwelling, on lot 20x lOO.S; seller, John C. Barth; buyer. William H, Houghton. 112th st, No. 140 West, 5-sty double flat, on lot 2Sxl00; seller, B. Bernstein, West End av, No. 510. 4-sty and basement dwelling, on lot 20x SO; seller, Charles A. Stadler; buyer, Simon Ullman; broker. Samuel Goldsticker. Bradhurst av, southeast corner of 14Sth st, plot 100.6x27.7x100 x3S.S; seller, William Crockett; buyer, Thomas J. McGuire, who will erect a 7-sty apartment house, Sth av. No, 2076, 5-sty flat with store, on lot 25x100; aeller. Al¬ fred P. Cobwin. 94th St. No. 173 West, 3-sty brownstone dwelling; seller, William Gumming, Jr.; buyer, a Mr. Dowd; brokers, Stabler, Smith & Breyer. lllth st, Nos. 112 and 114 and 118 and 120 East, old buildings each on plot 33.4x100; sellers, Janpole &. Werner; buyer, Moses Piermont, who will erect two 6-sty tenements. 5th av. northwest corner of 115th st, S-sty flat; seller. Jacob Ruppert, Jr., who takes in exchange No. 2199 2d av, southwest corner of 113th st. 4-sty tenement with store, on lot 25x97,6; buyer. Annie Maguire; broker, George T. Crombie. 73d st. No. 170 East, private stable, on lot 2Sxl02,2; seller Henry T. Sloane; buyer, James Stillman; brokers, L. J. Phillips & Co. 119th St. No. 276 West, 5-sty double flat, on lot 25x100; seller, Miss Kate E. Ahem; broker, C. F. W. Johanning. 60th st. No. 41 East. 4-sty and basement dwelling, on lot 20x 100.5; seller. Mary F. Duhain; brokers. Post & Reese. Emerson st, northwest corner of Post av, plot 110x100; sellers, M. L. & C. Ernst; brokers. Hall J. How & Co. * Park av. No. 1672, 4-sty flat, 25.3x98.9; buyers, Lowenfeld & Prager. LBASKS. Chas. E, Duross has leased to John J. Dunn the house No. 119 Leroy st for one year at $900 per year. Also for BuUowa's Sons No. 126 7th av, for a term of three years. William T. Kehoe, of the Star Theatre, has leased the property at the northwest corner of Lexington av and 27th st for 21 years, with a privilege of renewal. He will alter the building, THE BRONX. Crotona Park North, north side, 92 feet east of Prospect av, 50x99, vacant; seller, Hugh E. Donnelly; buyer, Josephine G. Gil¬ lies; brokers. R. I. Brown's Sons. Park av, No. 4554, dwelling; seller T, P. Costello; buyer, Au¬ gust Petrie; brokers, W, D. Haynes & Co. Bassford av. No. 2327, dwelling; seller. T. F, Costello; buyer, Mrs. S. A. Davis; brokers, W. D. Haynes & Co. Jerome av. southeast corner of Elliot place. 106x112, vacant; seller, George W. McAdam; buyer, J. Ulrich Flmlan. REAL ESTATE NOTES. Sol Stern, of the firm of E. M, Strauss & Co,, has been elected a director and secretary of the Mela Realty Co. Myer Hellman is the buyer of the Scottish Rite Hall at the southwest corner of Madison av and 29th st, reported sold in our last issue. Frank J. Cassidy has removed his offlce to 2031 Second av, where he will transact a general real estate business and man¬ age the estate of Peter A. Cassidy, Broker Charles E, Duross completed a marriage contract at St, Francis Xavier's Church last Tuesday morning, when be was married to Miss Anna T. Mulry. a sister of Thomaa M, Mulry. Mr. Duross and wife are spending their honeymoon in the South and West and will return home about May 1. The following are the names of the gentlemen who composed the syndicate which purchased the entire block extending from Sth to Madison av, 107th and 108th sts: Edmund L. Baylies, C. B. Wetmore, Ogden Mills, C. C. Worthington and W. G. Park. The first two mentioned are of the syndicate which purchased the Columbia College block. H. L. Moxley was the broker in the trade of the new 9-sty business building on the northeast corner of Spring and Crosby sts. for the block front on the east side of Lincoln av, between 136th and 137th sts. The former premises front 50 ft on Spring st and 112 on Crosby, and were sold by the Mela Realty Co. to Francis A. Palmer, President of the Broadway National Bank. The easterly block front on Amsterdam av, bet 140th and lilst sts, has been improved by Samuel Quincy, who is just completing two up-to-date 7-sty elevator apartment houses, with stores, on Amsterdam av. The entrances to the houses are on the streets, and the suites contain 5 and 6 rooms, with tiled bath and private hall. Every modern Improvement Is provided, and the apart¬ ments are very attractive, Walter Webb & Co. have charge of the block, and many other houses in the neighborhood, and on May 1 they will remove their offlces from No. 1663 Amsterdam av to the Quincy Block. It is estimated that the papers incidental to the organization of the United States Steel Corporation call for an expenditure of something like $1,000,000 for documentary stamps. The trans¬ ference of the interests of the various concerns amalgamated in¬ volved an expenditure of $200,000, based on a consolidation of $1,000,000,000 worth of bonds, the revenue tax on the transfer of bonds being at the rate of 2 cents on each $100 worth. The Is¬ sue of new stock and bonds entailed a purchase of $250,000 worth of documentary stamps at the rate of 5 cents per $100. Then the conveyance of realty is estimated to have taken fully $300,000 in stamps at the rate of 50 cents on every $500. Beyond these there were other taxes, which would bring the total dis¬ bursements in the shape of revenue stamps well up toward the $1,000,000 mark. The Revised Charter. At the hearing on the revised charter given by Mayor Van Wyck. on Saturday last, the Builders' League appeared to urge the Mayor to withhold his approval of the bill, by John P. Leo, Judson Lawson, president and vice-president, respectively. They presented a carefully-drawn memorandum, in which the strong¬ est objection was taken to the breaking up of the Department of Buildings, and the placing of Its duties with bureaux In the offices of the borough president. The Inconsistency of this scat¬ tering of supervision of building as a whole, and the consolidation of two-thirds under a tenement house commissioner, was pointed out and insisted on. Another objection brought out was the right of entry to tenements given to the police, which would deprive of their rightful privacy two-thirds of the city's population living in its 82,000 tenement houses. Finally, the memorandum referred to the unwillingness of the revision commissioners to approve their work, the unwillingness of the individual member of the Legis¬ lature to endorse the bill, and the methods adopted at Albany to run it through, etc.. etc.. as grounds for demanding more time in which to make a study of the measure. On the whole, this was the best representation made at the hearing on the bill. The City Club has prepared a pamphlet of a hundred pages or so, to show the difference between the amended charter, as pro¬ posed by the Charter Revision Commission, and as passed by the Legislature. This is a valuable piece of work, executed with much promptness and efflclency. ali the circumstances being taken into account. It Is one for which the members of the Charter Revision Commission ought to he grateful; because, al¬ though all the amendments made in the Legislature are not vicious, or even unsatisfactory, many of them are of the job. jobby and calculaed to produce extravagance In the municipal management and waste of public money. For this, the pamphlet shows, the blame is with the Legislature and not with the com¬ mission. No one who reads the new charter—if such the bill now under consideration becomes, as in all human probability It will—should do so without the help of the City Club's pamphlet. I