Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 82, no. 2116: October 3, 1908

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October 3, 1908 KECORD AND GUIDE 659 dwelling, furnished, at a yearly rental of $10,000. The house ad¬ joins the southwest cor of Madison av. Mr. Gonld now occupies 720 5th av. Lawrence & Wolff leased for Leonard C. Levy 50 East 75th st furnished, for the season, to G. F. Veilh; for Henry R. C. Watson 121 West SSih st for a term of years to Charles J. Waxelbanm and for William A. Frame 230 West 71st st for a term of years to Ernest A. Cardozo. Duross Co. leased the 4-sty and basement brownstone dwelling 354 West 20th st, 18x92, for Mrs. Belle D. Penton to Jennie E. Laverty for a term of 5 years; also the 4-sty and basement high stoop dwelling 30S West 14th st, 25x103.3.. for Mrs. Catharine Cashim to Michael J. Burghardt. Negotiations were closed during the week whereby Thos. R. Ball, of Best Sc Co., secures the lease for 21 years, with renewals, of the northwest cor of 5th av and 35th st. adjoining 374 5th av, which Mr. Ball recently purchased. He will erect on the combined plot a modern business building for the occupancy of Best & Co. Leon S. Altmayer leased for Julia_E.Cameron the vacant lot on the southwest cor of Madison av and Soth st, 42.2x70, and for the same client the adjoining 3-sly and basement brick business building 2S Bast SSth st 25x102.2. The entire premises will be extensively altered. It is a very prominent corner being a transfer point and directly opposite the site formerly used for a car barn on Madison av between S5th and S6th sts. Jesse C. Bennett & Co., leased the following dwellings: For Eliza¬ beth M. Collins, 277 West Slth st to Edward F. Emig; for a Mrs. Tyson, 273 West S4lh st to Wallace Irwin; For the Estate of Ida Mack, 220 Wesl S2d st. to Dr. Gillespie; for the Estate of Mar¬ garet B. Parsons, 437 West Eud av, to Mr. N. J. Milier; For J. Vau Oyck Card, 31S West "Oth st to Green Pickens; For the Estate of Adolph Platky, 33o West Soth st lo Mrs, J, T. Boush; For Edward McK. Whiling, 140 West SOth sl to Richard P. Tench; For Dr. E. 0. Chamberlain, 100 West Slst st lo a Mr. Wright; For the Estate of Adolph Platky, 331 West SSth sL to L. T. Alton; For H. B. Phinney, 603 West End av to Mr. L. T. Posner; For The Hoyt Estate, 102 West SOth st lo Mrs McClellan; For R. F. Carman, 528 West End av lo Mr, Joseph Manheimer; For Miss Minnie Walii, 0.3 \Vest G9th st to Mrs. Rosa Lisner; For Williani Alexander Smith, 264 W^est 13Cth st lo Emile Brunor; For Cornelius Walke, 14 West 94th st to Mrs. Airy; For Mrs. Eva B. Edwards, 110 West OSth st to John L. Robinson and For William Alexander Smith, 2(>*5 West ]36th st to a Mrs. Campbell. SUBURBAN. AVON-BY-THE-SEA. N. J.—L. J. Greenberger sold for a client tbe 3-sty cottage, S0xl40, at 213 W^oodland av. Avon-by-the-Sea, N. J. PAR HILLS, N. J.—Amos S. Lamphear sold the Z. Mullen farm of 130 acres at Far Hills. N. J., to B. M. La Roche, of Brooklyn, for his own use; also sold for George C. Howe, of Brooklyn, his prop¬ erty consisting of 0 acres and dwelling at Bernardsville, N. J., to E. Sniffin, of Madison, N. J. PASSAIC, N. J,—Frank Hughes sold 2S0 acres of land fronting on the Passaic River, directly opposite the city of Passaic, to George Arnold and others, representing a large German manufacturing syn¬ dicate, composed of the Forstmann & Huffman Co. and 3 large concerns in Germany. They will erect a large plant on Ihis property for the manufacture of textile goods, and work will begin imme¬ diately. Tho price paid for the property, it is said, was nearly .$250,000. NYACK, N. Y'.—Mrs. Margaret Swift sold to Fremont Rider Ihe larger part of her Rockland County real estate holdings. The sale comprises about GO acres, running from the Hudson River back nearly 1^ miles. The Swift tract is an especially valuable one, since it is the only one on the Nyack shore running from the river over the crest of the mountain, and contains a private road, which is the only one giving access to the upland. The sale was nego¬ tiated by Bauer & Magee. of Sparkill. and the New Netherland Realty Co., of this city, and calls attention to a section of the river front which so far has escaped the notice of large operators, though one of the most beautiful of all those easily accessible. MORRISTOWN, N. J.—With Ihe consummation of 3 important real estate deals in Morristown, N. J., this week, 3 more New York busi¬ ness men obtained flne country homes. Howard Horton becomes the owner of Glen Airlie, Mrs. Thomas Dickson's estate, of 32 acres in Sussex av. Mrs. Dickson wil! give possesion Nov. 1, and will go to Scranton, Pa,, her old home, to live. Emery McClintock sold his 300-acre estate on Kembie Hill to Wm, R. Jenks, of Craig & Jenks. Mr. McClintock will give immediate possession, and has taken a house in New York. The James Melntyre place of 40 acres on Loan- taJca Terrace, has been purchased by John Bates. A recent deal was the acquirement by John W. Castles of the Cross place of 80 acres. New Vernon. Mr. Castles will transform it into a handsome country estate. UNCLASSIFIED SALES The total number of sales reported is 60, of which 9 were below 59th st, 21 above, and 30 in the Bronx. The sales re¬ ported for the corresponding week last year were 48, of which 11 were below SOth st, 25 above, and 12 in the Bronx. The total number of mortgages recorded for Manhattan this week was 161, as against 139 last week, and in the Bronx 151, as against 128 last week. The total amount involved is $5,749,335, as against $5,583,165 last week. The amount involved in the auction sale this week was $418,657. and since January 1, $43,544,355. Last year the total for the week was .$892,854, and from January 1, .$32,074,859. 17TH ST.—William H. Silk sold to Mrs. Julie Lederer 219 West 17th st, a 2-sty dwelling, 17.2x44-. 98TH ST.—Otto Rehfeldt sold 57 and 59 West 98th st, two 5-sty fiats. 50x100.11. 100 fl. east of Columbus av. PROSPECT AV.—Weil Sc Weil resold for a client to a Mr. Beck 884 Prospect av, a 3-sty tenement, 20x78.lOx irregular, STEBBINS AV.—Karl H. Keller sold to Mrs. S. Judelevitz 1052 Stebbins av, a 2-Rty dwelling, 25xl4S.10x irregular. GOOD REVENUE FROM WASTE PAPER. Any medium sized office building hereabouts has at least a ton of waste paper each week and can always dispose of it at a good price per hundred pounds. If handled properly, this by¬ product of the business struciure can be made to net owners handsome returns, particularly since the price of paper is steadily rising. In collecting waste paper, however, it is desirable to obtain a large flreproof receptacle of approved design, or better still, purchase a small hand press in order to reduce the bulk to a convenient handling form. Hand-baling presses especially made for the purpose may now be had at moderate figures. Machines of this description usually hold about 300 pounds of paper. The accompanying illustration shows a bailing press, the covers of which is so counterbalanced that it may be quickly and easily removed. As rapidly as waste paper is received it can be deposited into the press and kept under pressure untii A COMPACT BAILING PRESS. ■ a sufficient quantity has accumulated to warrant making a bale. When the apparatus is full a pressure of the hand lever turns out a bale of compact form. Until ciuite recently it was the practice of building superin¬ tendents and janitors in general to gather waste paper daily and deposit it in sub-basements or storerooms until a sufRcient quantity was gathered to make it worth while calling the second-hand paper dealers. In this way much loss from lire was incurred. Although many of the modern business and office structures are now fitted up with special rooms for the storage of waste paper the subject is still a troublesome part of the management of a building. Almost any' skyscraper of fair size has at least a ton of waste paper collected each week, and if handled in a scientific manner can be made to produce a surprisingly large revenue. Those who are using baling machines affirm that, besides being a great convenience, they contribute toward economy as well as minimizing the risk from fire. REAL ESTATE NOTES Sharrott & Thom have removed their real estate offlce to 440 East 149th st. Judge James W. Gerard appointed Henry Brady receiver of rents of No. 221 West 133d st. John "Whaley borrowed from Joseph E. Eagen executor, $12,- 000 for 1 year at 4 per cent, on the property 551 West 161st st. Tbe announcement was made that S. Carman Harriot has re¬ signed from the firm of John M. Thompson & Co., 212 Broad¬ way. A mortgage of $21,000 for 5 years at 5 per cent, was given by Clara Harriman on 57 East S2d st, a private dwelling, 16x60x102.2. John A. Haeseler borrowed from William Helms $8,000 at iYz per cent, on lot 225. map of East Tremont, In the northeast .side of ISOth st.