Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 67, no. 1726: April 13, 1901

Text version:

IQOI. RECORD AND GUIDE. 649 run. The present buildings will be altered, the wagon sheds now «B the grounds removed to the land just bought, and in their, stead the Park Department will erect about a dozen small sum¬ mer houses. According to a ¥ep6Yt to the State Department from Consul Baehr at Madgeburg, an artiflclal building stone produced from sand and lime is coming into very extensive use in Germany. Its manufacture is steadily growing. The cost of a plant for the manufacture of about 12,000 stones would probably be $16,- 000. and one for 25,000 about $22,000. The essential pointa of ad¬ vantage accruing from this method, says the consul, are that the cost of production is much lower, the production can lake place in all seasons of the year, different kinds of stone can be produced, the stone has a much better appearance, there is no loss on account of breakage, and all drying sheds and kilns nec¬ essary for the production are done away with. C. H. Southard, house-wrecker and dealer In second-hand building material, with offices and yards at Oth av. 14lh to 13th fit, is one of the oldest workers In this line In the city, and has long enjoyed a high reputation for the promptness with which he carries out his many contracts. Mr. Southard some years ago de¬ molished probably the largest building ever erected, that of the mammoth Rockaway Hotel, at Rockaway Beach, and which many will remember was never opened. Mr. Southard will re¬ move the following buildings, work to commence May 1: Stock Exchange, Broad st; Star Theatre. Broadway and 13th st; and the old Keal Estate Exchange. No. 59 and 61 Liberty st, on the site of which the Chamber of Commerce will erect their new building. Some six months ago, owing to increase of business, the Lobel- Andrews Co., formerly situated on 35th St., removed to their present commodious quarters at Nos. 531-533 West SSth st, this city, where they have a plant as complete in every detail as is well possible for a factory in their line to be. This flrm have been fortunate in obtaining numerous desirable contracts in this and other large cities. Among some of the former contracts may be mentioned the following: The Nichols residence, No. 4 E. TOth st., built by Charles T. Wills, C. P. H. Gilbert, architect; house of J. S. Kennedy, Nos. 26-28 W. 55th st., James B. Baker, architect: the Prentiss residence, 1 Riverside Drive, and numerous others on the drive, built by Harvey Murdock; the several residences on the old Columbia College site, 49th and SOth sts, erected hy Charles Buek, the well-known veteran builder; additions to the Fifth Avenue Trust Co., Howard, Cauldwell & Morgan, archi¬ tects; the Seligman residence, on 56th st, built by Harvey Mur¬ dock; the impcslng apartment house, on Tlst st and the Boule¬ vard, now being erected by Hamilton M. Weed, of which Messrs. Janes & Leo are the architects; the apartment house on 39th st next to the Union League Club, being built by W. Stabler. Chas. I. Berg, architect; the massive high-class apartment cor. of Madison av and 61st st. Thomas J. Reilly. builder. Horgan & Slattery and Robert Maynicke, architects, and for which the Lobel-Andrews Co. are furnishing all the bronze. Iron, stair- work, elevator enclosures, entrance grilles, etc. They have also done some of the very flnest work In the bronze line, among which they mention most of the work at the residence of George Vanderbilt, Biltmore, N. C. the late R. M. Hunt, architect; the gold and bronze interior work af the Schieffelin residence, tha Mortimer villa, and numerous others at Tuxedo Park, of which Mr. Hunt was the architect. DAMP AND STAIR PREVENTER. The special preparation known as Antlhydrlne has had a suc¬ cessful experience In this city, where it has heen accepted for many prominent buildings in order to effectively and economical¬ ly meet the dlfflculty of dealing with damp and stains created hy ordinary building materials. Antihydrlne is a material made of a high grade of asphalt, carefully prepared In combination with several chemicals, which give it the peculiar property of forming (without heating) a continuous glossy and impervious coating upon porous surfaces. It does away with wood furrings, renders walls damp-proof, and prevents staining of plastering on walls and on fire-proof work, and prevents staining of limestone, brick facings, etc. It is ap¬ plied as easily as whitewash. No skill whatever is required, nor any preparation of the material. Its covering power is extensive on account of Its lack of penetration. One gallon covers about 100 square feet of brick-work o*" flre-prooflng, and a single coat, properly applied, is sufflcient for preventing dampness and stains. On another page of this issue the virtues of Jiiis material are further explained, and a list given of twelve of the most im¬ portant buildings in this city in which It has been used, T, Cockerill & Son, No. 14T Columbus av, represent the owners ol this article in Greater New York, and their telephone la 4T0 Colimnbus. Do you know you can have all the Conveyancea, Mortgages, Projected Buildings, Auction Sales, for the year 1900, In a single volume, so that you can turn to any transaction as easily as to a word in a Dictionary? See the Anntial Volume of the Record and Guide Quarterly. 14 and 16 Vesey St. ."■Sf Questions and Answers. IVe must remind our correspondents lhat we cannot answer anony¬ mous communications. Readers must also remember that communica¬ tions to us cannot invariably be answered the week tkey are received, NE"W LAW CONCERNING BROKERS. To the Editor of The Record and Guide; Will you please answer In next Issue regarding new law af¬ fecting brokers? (1) How long does written authority last? (2) Owner telephones me to dispose of certain property quickly, and I do. Under the new law. will I be guilty of a misdemeanor? Answer.—(1) Until revoked. (2) The law referred to reads as follows: "In cities of the flrst and second class, any person who shall offer for sale any real property without the written au¬ thority of the owner of such properly, or of his attorney in fact, appointed in writing, or of a person who has made a written contract for the purchase of such property with the owner there¬ of, shall be guilty of a misdemeanor." It does not go Into ef¬ fect, however, until the flrst of September, 1901. After the law goes into effect, you would certainly run the risk of prosecution for misdemeanor if you offered property for sale having merely the authority of the owner by telephone. I advise you. if here¬ after you get such a message, that you telephone back for the written authority required by the law,—Law Editor. "WHEN DOES PROMISSORY NOTE OUTLAW? To the Editor of The Record and Guide: In your Issue of March 16th, 1901, you state that a promissory note becomes outlawed six years from the day of its date. Do you mean by this the day when the note was made, or the day when it falls due? If the former then your answer is incorrect, as a note may be made payable six years after date, or any longer period. I am under the impression that the Statute of Limitation does not begin lo run until after the note matures, consequently from the day it is made payable. Answer.—The answer should have been lhat a promissory note outlaws In six years from the time il is made payable.—Law Editor, I BROKER'S COMMISSION. To the Editor of The Record and Guide: A party, says A, wishes to purchase some lots, I, as broker, bring and introduce him to party B, of whom he purchases some and I receive my commission. A few month afterwards A goes to B and buys some more lots of him. Am I entitled to commis¬ sion on these last purchased lots or not? Answer. You are not.—Law Editor. PROMISSORY NOTE, To the Editor of The Record and Guide: How soon after maturity must a person sue on a promissory note in New York State? The note had no endorsers. Answer.—Six years.—Law Editor. MECHANIC'S LIEN. To the Editor of The Record and Guide: A, landlord, rents premises to B, tenant, the latter to make his own alterations and repairs. B makes a contract for metal walls and ceiling with C. Workmen of C damage plumbing while doing the job. B refuses to pay bill until C repairs the damage. G refuses and files a mechanic's lien on premises, naming both A and B in the papers. Can C legally bring A in this action and flle lien against his property? Answer.—He can file the lien, but he cannot enforce it against A.—Law Editor, MORTGAGE. To the Editor of The Record and Guide: A lawyer holds a mortgage on a piece of property I own, and the interest is 6 per cent. I wanted him to reduce it to S per cent., and he will not do it. I told him I was going to look for some one to take the mortgage at 5 per cent. He gol angry and said he was liable to call on me on twenty-four hours' notice for the money, $1,500. (1) Can he do 11? I thought 1 would have lo have thirty days' notice at least before he could fore¬ close. (2) To whom could I go to take the mortgage, and (3) about what would the expense be? Answer.—(1) Yes. If the mortgage is due. (2) To any one who has money to lend and is willing to lend it on bond and mortv gage. If the security is good, you can get the loan from any savings bank or any of the title companies. (3) Probably nol less than $40.—Law Editor. I LANDLORD AND TENANT. Tc the Editor of The Record and Guide: An apartment was hired, under a written lease, for one year, at the expiration of which time nothing was said by either landlord or tenant about a.renewal of the lease. The tenant, however, remained In that apartment for fully two years longer, and then removed to another apartment In the same house at an Increased