Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: [v. 94, no. 2433: Articles]: October 31, 1914

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722 RECORD AND GUIDE October 31, 1914 PORTER & CO. REAL ESTATE George W. Short Charles F. Porter 159 W. 125th STREET Telephone Connections J. Edgar Leaycraft & Co. Real Estate Agents, Brokers, Appraisers FORTY-SECOND STREET BUILDING 30 EAST 42d ST., S. W. Cor. Madison Avenue Renting and Collecting a Specialty rf^ORGENTHAUJRg Real Estate—Insurance—Mortgages Auctioneers—Appraisers TeL: 1884-5-6-7 Cort. 95 Liberty Street ^SiSirTSWgi^ Real Estate Insurance Renting 200 W. 23d STREET, Seventh Ave. Corner s "e^con' i3V-''sT. "^ LESLIE HEATING CORPORATION Steam and Hot Water Heating Ventilation and Sprinkler Systems Tel. 4613 Bryant 130 West 46th St. Wtn H niUrof Late Hobbs & Oliver TTin. 11. UllVer Established 1S46 PLAIN and Ti * a.' ^ DECORATIVE r aillting Paper Hangings and Interior Decorations 57 Fifth Avenue New York Telephone. 833 Stuyvesant ARTISTIC HIGH GRADE METAL CEILINGS -"'Wall Decorations IMMENSE STOCK CARRIED We Sell Material to the Trade or Contract to Erect the Work, as desired. We Consider It a Privilege to Estimate Also Carry Large Varieties of METAL LATH IN STOCK Immediate Deliveries Guaranteed The Garry Iron and Steel Co. of N.Y. 521-523 West 23d Street, New York Telephone 8020 Chelsea der the sixty-day clause, still the amount released weekly has been considerably increased in several of the institutions. The large withdrawals, during the lat¬ ter part of August and September, were, in most cases, entirely justifiable, inas¬ much as the money was needed to sup¬ ply those in actual want. There was no panic resulting from any fears based upon the unsoundness of any of the banks. Conspicuous among the deals closed during the week was the leasing of the Cosmopolitan Hotel property, at Cham¬ bers street and VVest Broadway, to an unnamed lessee for twenty-one years, at a graduated rental. The property is a landmark in the section but has been vacant for some time. Another impor¬ tant transaction concerns a large addi¬ tion to the extensive holdings of Colum¬ bia University, which has completed as¬ sembling of an entire block, near the college grounds. The total number of sales reported and not recorded in Manhattan this week was 18 as against 16 last week and 18 a year ago. The number of sales south of 59th street was 8 as compared with 4 last week and 11a year ago. The sales north of 59th street aggre¬ gated 10 as compared with 12 last week and 7 a year ago. The total number of conveyances in Manhattan was 124 as against 122 last week, 14 having stated considerations totaling $485,100. 'Mortgages recorded this week number 50, involving $2,324,- 940, as against 74 last week, totaling $2,205,937. From the Bronx, 9 sales at private contract were recorded, as against 12 last week and 3 a year ago. The amount involved in Manhattan and Bronx auction sales this week was $706,058, compared with $671,123 last week, making a total since Jan. 1 of $34,811,049. The figures for the corre¬ sponding week last year were $1,056,669 and the total from Jan. 1, 1913, to Oct. 25, 1913, was $44,134,275. Drexel Heirs Sell to Columbia. Columbia University has rounded out its ownership of the block bounded by Amsterdam and Morningside avenues, 116th and 117th streets, by the purchase this week of the seventeen lots in the northerly half of the block at a reported price of $500,000. The property which has a frontage of 100.11 feet on each avenue and 375 feet in 117th street, was sold by Mrs. Elizabeth Drexel Lehr, Mrs. Lucy Drexel Dahlgren and Mrs. Katherine Penrose, all beneficiaries un¬ der the will of the late Mrs. Lucy W. Drexel. It has been used as the grounds of the West Side Tennis Club, whose buildings are included in the sale. The University was represented by John Mc¬ Lane Nash and the sellers by Wingate & Cullen, as attorneys. Costlv Residence in Deal. Caroline Bertron sold, through the A. N. Gitterman Corporation, the five- story residence, on lot 22.6x100, at 46 West 54th street, adjoining the eight- story home of the City Athletic Club. The dwelling was erected about ten years ago from plans by i ork & Saw¬ yer and has been held at $125,000. Among the prominent residents in the block are John D. Rockefeller, senior and junior; Chauncey M. Depew, Nellie C. Plant and I. N. Seligman. Builder Assembles Chelsea Plot. Hugh Getty, the builder, has purchas¬ ed through William H. Archibald, from the Ray Estate Corporation, the five- story front and rear tenement, 532 West 29th street, on lot 25x98.9. This is the first change in ownership in nearly 100 years. Mr. Getty is the owner of 526- 530, adjoining, and now controls a 100- foot frontage in 29th street, which may be utilized for a building operation. Bronx Apartment in Trade. A. G. Bechmann sold for the Cross Avenue Realty Co., Lawrence Da¬ vies, president, the five-story apartment house at the southeast corner of 180th street and Honeywell avenue, on plot 50x100. This is one of a row of three structures recently erected by the sellers. In part payment the purchaser gave a plot at the northwest corner of Mohegan avenue and 180th street, 75x118. Sale in West 57th Street. Louis H. Chalif has bought from the estate of Louis de Bebian through N. A. Berwin, the four-story dwelling at 165 West 57th street, on lot 21x105, opposite Carnegie Hall. It has been purchased for investment and may be altered for business purposes. The new owner was represented by Oscar Englander as at¬ torney. Estate Sells Apartment Houses. Goodale, Perry & Dwight have sold for the Louis Greenblatt estate the four six-story apartment houses at 249-255 West 111th street. Each house covers a plot 36x100, the total frontagfe being 144 feet. . Manhattan^South of 59th St. STANTOX ST.—Isaac Buss sold 183-185 Stan¬ ton st, a 6-sty tenement, on plot 56.3x62.6, to Max Aronson, who gave In exchange 212-214 East 106th st, two 5-sty flats, on plot 54x100.11. 4STH ST.—A. A. Hageman sold for the Hage¬ ville Realty Co. to Charles Marshall the 3-sty dwelling, 232 West 4Sth st, on lot 16.0x100.5. 50TH ST.—Henry B. Kellner sold, through John J. Meenan, the 6-sty apartment house with stores at the southeast corner of 50th st and Oth av. 56TH ST.—Thompson-Fabre Company reports the sale of 443 West 56th st. a 5-sty apartment house, on plot 2.5xlOO..">. The owner of record is the United Boros Real Estate Co. 56TH ST.—Harry W. Perelman and Jacob Moersfelder bave sold the 5-sty tenement 231 East 56th st, on lot 25x100.5. Manhattan—North of 59th St. KtOTH ST.—Lawyers Mortgage Co. sold 313 East lOOth st, a G-sty tenement, on plot 40x100. 12:;d ST.—C. H. Pfeiffer sold the 4-family fiat, 40G East I2.3d st, on lot 17.6x99.11, to John Engemann, who gave in part payment, a 52- acre farm at Ellington, Conn. 123D ST.—John Murphy bought from the Emi- grand Industrial Savings Bank, through George W. Brettell, the 4-sty dwelling, 106 East 123d st, on lot 20x70. 176TH ST.—Moore, Sehutte & Co. sold for the Wertheim Realty Co., the 5-sty flat, 506 West 176th st, on plot 43.6x100, to Ennis & Sinnott, who gave in part payment the 4-sty dwelling, 451 Convent av, on lot 16x50. VERMILYEA AV.—Max Marx sold to the Aldus Construction Co. the plot 100x100, at the northwest corner of Vermilyea av and 207th st, which will be improved with a 5-sty apartment house with stores. Bronx. 140TH ST.—Patrick Crowley bought from Minnie Pfeiffer the 3-sty dwelling 466 East 140th st, on lot 17x100. FRANKLIN AV.—James T. Barry has pur¬ chased the two 5-sty flats, 1392-1394 Franklin av, each on plot 37.6x100. MARION AV.—The 2-sty dwelling, 2770 Mari¬ on av, on lot 21x103.5, has been sold through Clement H. Smith. MARMION AV.—James McConnell bought from the John W. Cornish Construction Co. the "Woodward," at the northeast corner of Mar¬ mion av and 175th st., on plot 92x70. The house has been held at $95,000. MORRIS AV.—Ida Brantman has resold 1005 Morris av, a 2~sty dwelling, on lot 25x100. MOTT AV.—Mott Av Realty Co., Hyman B'ar¬ nett. president, sold 424-426 Mott av, a 5-sty apartment house, on plot 50x193. to the Arc Realty Co., Isidor W. Schamberg, president, which gave in exchange 6 lots at the northwest corner of Vyse av anrl iSDth st. SHERMAN AV.—Kurz & Uren sold for the Kovacs Construction Co., the 5-sty apartment house, 967 Sherman av, on plot 45x100. Brooklyn. HIMROD ST.—Frederick Rudel bought, through James M. Hawley, from WilUam Hes¬ sler. 163 Himrod st. UNION ST.—Realty Associates have sold the following houses in Union st: No. 1188, to Theodore Deibel; No. 1102, to Charles Carrow ; No. 1104. to Joseph F. Heckla, and No. 1196, to Elise Freifeld. 15TH ST.—Thompson-Fabre Co. sold for the United B'oros Real Estate Co. the 4-sty apart¬ ment house, 466-468 15th st. 75TH ST.—James Watters sold for Charles H. Noble, the 1-familv dwelling, 453 75th st: and for J. P. Mueller, the cottage 220 Slst st. 76TH ST.—Frank A. Seaver & Co. sold to the Johann Construction Co.. the plot SOxlOO, in the north side of 76th st,* 120 ft. west of 7th av. GREENE AV.—Henry P. Cain sold 983 Creene av, a 2-sty dwelling, for John Wilhusen, and 925 Gates av. a 2-sty dwelling, for Emma H. Mott. 5TH AV.—Sophie Laemmel sold to Sigmund Goldberg, 8 lots at the southeast corner of Sth and Ovington avs, through Ross & Meeks. Queens. ROSEDALE.—New York Suburban Land Co. sold GOxlOO on Park av to Robert T. Fallon ; 40x 100 on Park boulevard to Henry L. Koch; and 60xlO(;> in Rose pl to William J. Lohm. Richmond. WESTERLEIGH.—J. Sterling Drake sold for William D. Glasscock to James Whitford, a plot on Main av, 44 ft., front, on which he will erect a residence.