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Real estate record and builders' guide: [v. 103, no. 25: Articles]: June 21, 1919

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834 RECORD AND GUIDE June 21, 1919 BROOKLYN'S OLDEST Real Estate Office FIRM ESTABUSHED 1843 l^ije Cljauncep a^eal €£itatE Co. 187 MONTAGUE ST. BOBO OF BROOKLYN, NEW TORK CITT Telephones: Main 4300. 4301, 43*2 Appraisers Auctioneers AGENTS and GENERAL Eeal Csitate profeerg Members: Brooklyn Board of Real Estate Broken Real Estate Board of New York Membera Brooklyn Board of R. E. Brokera ESTABUSHED 1882 DAVID PORTER, Inc Real Estate Agents Brokers, Appraisers APPRAISERS FOR The United States Government The State of New York The City of New York The Equitable Life Assurance Society Equitable Trust Co. The U. S. Title Guaranty Co., etc., etc Breokl^B Chftmber mt C«mBi«re« Balldlac 32 COURT STRKBT ■Telephone: Main 828 BROOKLYN, N. T. JOHN R DOYLE & S0N5 REAL ESTATE AGENTS BROKERS and APPRAISERS 74 Wall Street, New York City Management of Estates a Specialty Member of Board of Broken Jflim r. Dorle JohB F. Dorle, Jr. AMmn L. Dsvle The Leading Agency Firm Established 1874 Corwith Bros. Oreenpoiiit and Long Island City Real Estate FACTORY SITES A SPECIALTY Mortgage Loans, Appraisals, Insurance Entire Management of Property 851 Manhattan Avenue, Brooklyn Corn Exch. Bank Bldg., Bridge Plaza, L. I. C. Tel. 6900 Bedford Member Brooklyn Bosrd of Broken Chas. JL/. Gilbert REAL ESTATE BROKER APPRAISER Renting, Collecting, Insnrance WATER FRONTS FACTORY SITES Efficient management of Brooklyn Real Estate 753 Noslrand Ave. BROOKLYN at St. Johnt Plao« NEW YORK Co. for an extension to its factory. The broker was Herbert R. Ludd. HOWARD AV.—Charles Buermann & Co. sold for J. Segat & Co. 485 Howard av, a 4-sty tenement, to Mrs. E. Lamm. LAFAYETTE AV.—Burling and Swan, Inc.. sold the frame dwelling at 7;{7 Lafayette av, on a plot 25x100, to a client who will alter for occupancy. NARROWS AV, ETC.—Frank A. Seaver & Co. sold the following plots: Northwest corner of Narrows av and 7nth st, 241x213, for S. Bar¬ rows : 100x100. on the north side of 88th st, 150 ft east of Colonial rd, for W. Hassell ; 200xHX(. on the north side of 91st st. 175 ft west of 3d av, for E. Alleman; 100x10(1, on the northwest corner of 15th av and 59th st, for Blackman & Cooper; 75x120, on the north side of Marine RIDGEWOOD AV.. ETC.—Walter S. Beaver sold the 4-sty basement brick factory, 50x150, owned and occupied by the Wagner Comb Mfg. Co., at Ridgewood and Buchman avs. The new owners will take pos.session of the factory in about two months ; also sold the southeast cor¬ ner of North i:Uh street and Wythe av. 100x100, upon which is a factory which will be oc¬ cupied by the Ferro Products Co. ; also a 2-sty dwelling. 1.5.5 Diamond st. for a client to Francis Eichele for occupancy; a 1-fam. dwelling. .542 Guion av, Richmond Hill, for Emma K. Eis- sing to Rengaw Realty Co.; a ;!-sty dwelling, 180 Kent st, for Annie McCauley to Anna Quinn, for investment ; a 2-sty dwelling, 01 Hausman St. for George E. Carroll to Cornelia Herring for investment; 24 lots on the block bounded by Frost st. Withers st, De Bevoise and Morgan avs. for the Boullion Realty Co.. to the Fihre Dyeing & Cleaning Co., which is to erect a factory containing about .50,00*1 sq. ft. for a dye¬ ing and cleaning establishment ; lot on the northwest corner of Devoe st and Morgan a v. containing about 27,000 sq. ft. for the Con- *;elyea Estates to a client who will Improve the property with a modern Tjulldmg for the manufacturing of candy. IOTH AV. ETC.—Realty Trust sold for the Artee Realty Corp., the 1-fam dwelling, 8003 loth av. to S. Dattner. who now occupies the premises : also sold for Alco Building Co. the 1-fam semi-detached brick dwelling, 2153 OOth St. Mapleton Park, to Alexander K. Moses, for occupancy. 13TH AV.—I. Salzberg sold for the B. F. B. Realty Co. to the L. A. O. Realty Co. the Bor¬ ough Park clubhouse, occupying the entire block front on 13th av, from 50th to 51st sts, on a plot 200x140. 13TH AV.—B. J. Sforza sold for Domenico Cosenza to a client for investment the 3-sty tenement, with stores, on lot 20x80. at the southeast corner of 13th av and OOth st. 14TH AV. ETC.—Realty Trust sold for the Artee Realty Corporation the 3-sty store and apartment house. 4115 14th av. Borough Park. to the Frank Building Co.. for investment; also sold for Alco Buildine Co. the 1-fam semi¬ detached brick dwelling. 2020 05th st. Mapleton Park, to Bessie Fruitman. for occupancy. 15TH AV.—Clinton Trading Corporation sold to Rosa Cerami the 1-fam. dwelling at 8730 15th av. on a lot 20x00.8. Frank Bambara was the broker in the transaction. RECENT LEASES. $250,000 Exchange Buffet Lease. The Charles F. Noyes Co. leased for twenty- one years from .July 1. 1020. to the Exchange Buffet Corp. for the 470 Broadway Corp.. Frank .7. Heaney. pres.. the store and basement of the 11-story building, recently purchased by Mr. Heaney at an aggregate rental of over $250,000, Extensive improvements will be made by the Exchange Buffet Corp.. and the basement oc¬ cupied by one of their restaurants. About $00.- OfMi will be spent on the changes. Negotiations are pending through the Noyes Co. for a sub¬ lease of the ground floor for the leasing tenant. This is the second large lease negotiated with the Exchange Buffet Corp. through the Charles F. Noyes Co. in this same neighborhood during the past few months, the other lease being that of the store and basement at 412 Broadway. Closing Big Construction Deal. Negntintions are pending for the lease of the site, r»(»xlOO, at the southwest corner of Madi- '"^n avenue and 40th street, owned by Henry Phipps. to a prominent corporation, whirh plans a 14-story store and office building. Part of the structure will be occupied by the lessee. Warren S: Wetmore are making the ])lans for the improvement which is wanted for occupancy by next May. Frank Veiller and .T. L. Robert¬ son are negotiating the transaction. "Osborne" in Long-Term Lease. William Pierre .Jockin li-ns^d for the Taylor estate the Osborne. 11 and 12-story duplex apartment house at the northwest corner of 7th avenue and 57th street, diagonally opposite Carneeie Hall. Tt is assessed hy the city at .'*;i .270,t)00. The lease is for twenty-one years with renewals. Walter .T. Salmon is the lessee. Mr. Salmon also purchased from Robert M. Kerns the lease and option which Mr. Kerns obtained last April from George H. Earle. Jr., on the Strathmore apartment house at the north¬ east corner of Broadway and 52d street, a 9- story structure, on a plot 02x70. More Space for Telephone Conipany, The Ruland-Whiting & Benjamin Company leased to the New York Telephone Company for the Excelsior Estates Company (S. H. Stone, president), 27,000 square feet of office space in the modern building at the southwest corner of Centre and Walker streets (now occupied by the Health Department), for a long term of years, at an aggregate rental of about $27(i.n0o. The Telephone Company will move its audit and bookkeeping departments from 195 Broadway to the premises just leased. Apartment Alteration Planned, A net lease for a period of fifteen years, in¬ volving ahout $75,(XMi, on the four-story house at 114 East 50th street has been arranged by Chas. Griffith and Eugene Moses & Co. The property has been taken by the 114 East 5eth Street Corporation, which has prepared plans for an extensive alteration of the building into apartments of a type in keeping with the ex¬ clusive character of the neighborhood. The Title Guarantee and Trust Company has agreed to make a mortgage loan to aid in the financing of the operation. AMES & CO. leased for Joseph Levy to Tania Daniel the 3-sty garage at 228-230 East S5th st for a long term of years, at an aggregated rental of $148,000; also for William P. Dixon to the Ambrose Garage Co. the 2-sty building at 108 West 30th St. on plot 38x115. for a term of years. The tenant is to make extensive alter¬ ations to the property. THE BRETT & GOODE CO. leased for Henry Lindenmeyer & Sons basement in the Puck Building. 205-.305 Lafayette st, to the American Paper Mills. CUSHMAN A WAKEFIELD. INC., leased the entire top floor at 542 5th av for Joseph T. Tower to the General Carbonic Co. as its mair) New York office. CUSHMAN & WAKEFIELD, INC., leased of¬ fices at 2 West 45th st for the Sperry Realty Co. to the George F. Lee Coal Co., and for the Berkeley Arcade Corp. offices at 25 West 4.5th st to the C. A. Wood Co. DUROSS COMPANY leased the 2d loft of the Herring Building, containing 0,500 sq. ft., for the Philbin estate to the Bias Buff & Wheel Co. ; the store at 103 West 14th st for the Taylor es¬ tate to Charles Basil for a term of years; and the basement store on the subway station of 200 John A. Locke to J. H. Evans : at 140 East 56th West 14th st to the Mennuti Stationery and Confectionery Co. DOUGLAS L. ELLIMAN & CO. leased an apartment at 270 Park av for the Railing Realty Co. to Edward A. Clark, of Jamaica Plains, Mass. ; also an apartment at 820 Park av for st for Henry A. Rudkin to Miss Blanche Potter; at 0,"tO Madison av to Miss Mary J. Mott; leasefl a large apartment, comprising an entire floor, at 135 .-►8th st for William B. May & Co.. agents, to Alfred Maclay ; for Mrs. H. H. Henry 46 East 64th St. a 4-sty house, to Thomas Tileston. DOUGLAS L. ELLIMAN & CO. have leajyii^. for Veryl Preston 4 East 72d st. a 5-sty Ae«3Hc»& basement dwelling, on a lot 25x100, to Eftsign Johnston L. Redmond ; also leased a store at 14 East 40th st for Livingston Phelps to Samuel Schwartz Sons & Co., picture dealers, now at 2itO 5th av. DOUGLAS L. ELLIMAN & CO. leased for W. S. Groesbeck Fowler 125 East 04th st. a 3-sty dwelling, to Col. Latham R. Reed; also for Bernard Feifer 110 East 82d st. a 3-sty private house on a lot 14.3x]OlX to Miss Edith Totten, and for Mrs. Fred. S. Lee 144 East 05th st, a 3-sty house, to Russell Leffingwell, Assistant Treasurer of the United States, J. ARTHUR FISCHER leased for American Education Press. Inc.. space in 223 West 30th st to Stewart & Widder, steamfitters' supplies. A. A. HAGEMAN has leased the building 41 West .35th st to Louis and Israel Solowey. This building will he aUered into a restaurant and apartments, which will be ready for occujjancy about October 1. HERBERT HECHT & CO. leased for the Union Square Holding Cor;), the 1st loft at ll.'i East 14th St. now being altered, for a term of ten years to George Hong, who will open a Chinese restaurant. HEIL & STERN leased in conjunction with Horace S. Ely & Co. the 3d floor in 5-0 Union sq to Chain Shirt Shop. Inc. ; in conjunction FRED'K FOX & CO., mc Business Buiiding Brokers 14 W. 40TH STREET and 793 BROADWAY