Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: [v. 98, no. 2531: Articles]: September 16, 1916

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400 RECORD AND GUIDE September 16, 1916 CALDER'S REAL ESTATE CO., real estate and insurance* has established Us offices at 215 Montague st, Brooklyn. The company consists of A. G. Calder, Jr., E. W. Calder, Kathryn Jack and C. H. Weston, who will have charge of the insurance. ELMER C. GATES has removed his real es¬ tate and insurance business from 1120 3d av to ;;91 East 149th st (A-Re-Co Building), where he will cater to the wants of his clients as heretofore. Louis Gates, Jr., has also become associated with the office. DIRECTORS of the New York Title and Mortgage Co. declared a dividend of 1^ per cent, for the quarter ending September 30, 1916. This company was formerly known as the New York Title Insurance Co. Recently it took over the business of the New York Mort¬ gage and Security Company. BUILDING LOAN of $700,000 has been made by the Metropolitan Life Insurance Co* to the Rodin Studios for the new structure to be erected on the site of the Inverness apartment house, southwest corner of Tth av and 57th st, on a plot 114.11x100.5. purchased from the Mary A. Chisholm estate a few weeks ago. Title to the property was recorded yesterday. A second mortgage of $200,000 has been obtained by the Rodin Studios from Georgia T. Fry. The prop¬ erty adjoins the Grenoble Hotel, and is oppo¬ site the Osborne apartment, GOODALK, PERRY & DWIGHT were the brokers iu the recently recorded sale of the entire block front in the south side of Morton st, from Greenwich to Washington sts, com¬ prising a plottage of 12,200 sq. ft. This plot was sold for Charles Laue, who recently ac¬ quired it Irom the Hammerschlag estate, to Baker & Williams, one of the largest storage warehouse firms in the city. Plans have been prepared by Renwick, Aspinwall & Tucker, architects, for a 9-sty warehouse, and the con¬ tract for the construction of the building has been let to the Cauldwell-Wingate Co. The building will be ready in the early spring, and Baker & Williams will occupy it in lieu of their present buildings. 512-lS Washington st. running through to West st, which have been purchased by the N. Y. Central R. R. as part of their freight and terminal yards. The plot of 200 ft. on 21st st, near 10th av, that was sold to Baker & Williams through Goodale, Perry & Dwight last spring will not be improved at the present time, awaiting the development of the New York Central track elevation plans. iDoinniUGiirjiDiiinuuio nQiuuiLQaiiuiMii I REAL ESTATE j STATISTICS I The Following Table is a Resume of j the Record of Conveyances, Mort- I gages, Mortgage Extensions and I Building Permits Filed in Each I Borough During the Week. I (Arranged with fi';^ures for the corresponding t week of 1915. Following each weekly table I is a resun^e from January 1 to date.) MANHATTAN. ConTeyanees, igi6 Sept. 8 to 11 Total No................ Assessed value.......... No. with conslderatloD.. Consideration........... Assessed value 1915 Sept. 10 to 16 106 $5,860,900 15 ......... $767,942 ..... $815,500 Jan. 1 to Sept, 14 Jan 84 $4,635,300 14 $809,300 $1,028,200 .Ito Sept. 16 TotalNo................ 5.075 4.844 Assessed value......... 5289,517,332 $279,195,268 No. with consideration.. 741 750 Consideration.......... $31,877,179 $38,482,872 Assessed value.......... $34,182,245 $41,695,333 Mortgasea. ARTHUR C. SHERIDAN FOR THE PAST EIGHT YEARS AS.SOCI- ATED WITH HERBERT A. SHERMAN, ANNOUNCES THAT HE HAS OPENED AN OFFICE AT NO. 100 BROADWAY, NEW YORK CITY, WHERE HE WILL CONTINUE TO ACT AS A REAL ESTATE AUCTIONEER, BROKER AND APPRAISER FOR THE CONVENIENCE OF HIS UP¬ TOWN CLIENTS AN OFFICE WILL BE CONDUCTED AT NO. 331 MADISON AVENUE AT 43rd STREET. Total No.......... Amount................. To Bants & Ins. Cos.... Amount................. No. at 6«............... Amount................. No. at 8V4*............. Amount................. No.at 3«............... Amounl................ No. at i\H ............ Amount................. No.at ii............... Amount................. Unusualrates.......... Amount................ Interest not «lven....... Amount............ Jan. 1 to Total No................ Amount.... ............ To Banks & Ina. Cos___ Amount................. 1916 Sept. 8 to 14 1915 Sept. 10 to 16 67 $3,389,066 12 $1,324,000 22 $343,866 11 $2,512,500 23 $356,000 2 $29,000 54 $1,495,768 18 $548,000 23 $646,250 1 $4,500 16 $671,000 3 $65,500 1 $7,000 9 10 $147,700 $100,518 Sept. 14 Jan 1 to Sept. 16 2,548 2,735 $76,484,074 $72,516,284 578 544 $32,825,074 $31,560,313 MoTtgase ExtenBlona. Sept. 8 to 14 Sept. 10 to 16 TotalNo................ 20 23 Amount................ $743,806 $1,500,000 To Banks S Ins. Cos .. 9 10 Amount................ $232,000 $860,600 Jan. 1 to Sept. 14 Jan. 1 to Sept. 16 I'otalNo................ 1.277 1,351 Amour.t ............... $73,879,692 $79,280,006 ToBanks&Ins.Cos.... 656 548 Amount................ $54,480,750 $56,567,400 BnlldlnK Permlta. 1916 Sept. 9 to 15 Sept 1915 11 to 17 New buildings . Cost........... Alterations- . 4 $235,000 $115,210 $123,000 $230,580 Manufacturers, Real Estate Brokers and others wishing space in Land Value Map issue of Record and Guide, should apply at once. Special posi¬ tions nearly all sold. RECORD & GUIDE 119 West 40th Street Jan. 1 to Sept. 15 Jan. 1 to Sept. 17 New buildings........... 468 ' 348 9,°^t.................... $100,101,645 $50,348,770 Alterations............. $15,019,793 $11,234,574 BRONX. Conveyances. 1916 1915 Sept. 8 to 14 Sept. 10 to 16 Total No............... 80 90 No. with consideration.. 9 u Consideration........... $48,150 $25,750 Jan 1 to Sept. 14 Jan. 1 to Sept. 16 TotalNo.... .......... 4,160 4,397 No. with consideration.. 670 758 Consideration........... $4,644,7.59 $5,154,744 Mortgages. 1916 1915 Sept. 8 to 14 Sept. 10 to 10 TotalNo__ ........... 55 53 Amount... ...... $228,290 $536,921 I o Banks & Ins. Cos___ 5 5 Amount................ $31,400 $00,800 No. at6)(.............. 18 15 Amount............... $43,400 $185,421 No. at 5V4X............. 4 1 Amount................ $20,000 $3,600 No.at 8!(............... 5 18 Amount............... $18,075 $300,250 No. at4>.^*............. ...... ...... Amount..,............. ...... ...... Unusualrates......... 8 1 Amount................. $10,715 $2,000 Interest not given...... 20 18 Amount................. $136,100 " $45,650 Jan, 1 to Sept. 14 Jan.lto Sept. 16 Total No............ 2,720 2,546 Amount............. $21,277,566 $22,154,526 To Banks ft Im. Cos.. 201 179 Amount.............. $4,214,727 $3,857,178 Murtguge Elxtenslons. Sept. 8 to 14 Sept. 10 to 16 TotalNo............... 13 14 Amount................. $178,525 $178,500 To Banks & Ins. Co..... 2 7 Amount................. $25,500 $54,500 Jan Ito Sept 14 Jan. 1 to Sept. 16 TotalNo......... . ... 527 532 Amount................. $10,828,109 $10,159,405 ToBanks&Ins.Cos... 144 158 Amount............... $4,470,000 $3,553,425 BnlldlnK Permits. 1916 1915 Sept. 8 to 14 Sept. 10 to 16 Newbulldlngs.......... 11 12 Cost.................... $242,800 $220,500 Alterations............. $7,750 $8,200 Jan 1 to Sept. 14 Jan. 1 to Sept. 16 Newbulldlngs...... 504 622 Cost ............... $13,737,682 $19,784,550 Altfrstlnni...... $932,080 $.577,4.50 BROOKLYN. Conveyances. 1916 1915 Sept. 7 to 13 Sept. 9 to 15 TotalNo................ 390 359 No. with consideration 42 39 Consideration........... $434,722 $279,709 Jan.l to Sept. 13 Jan. 1 to Sept. 15 Total No...... ......... 15.726 157607 No. with consideration.. 1.512 1,737 Consideration........ $10,820,391 $13,331,504 Alortgages. 1916 1915 Sept. 7 tol3 Sept. 9 to 15 TotalNo................ 338 252 Amount................. $1,631,044 $1,151,118 To Banks & Ins Cos ... 81 70 Amount................. $655,800 $579,400 No. atBj............... 189 144 mount................ $902,828 $479,634 ;■. J. at SW*.............. SO 67 Amount................ $428,550 $499,680 No. at ■;*............... 30 22 Amount................. $152,325 $120,800 Unusualrates........... 2 ...... Amount............... $1,220 ...... Interesi not given....... 37 19 Amount................. $146,121. $51,004 Jan. 1 to Sept. 13 Jan.l to Sept. 15 TotalNo............... 11.964 11,746 Amount............... $52,469,175 $58,604,727 ToBanks&Ins.Cos... 4.848 2,365 Amount................. $21,534,677 $16,916,455 Building I'ermlts. 1916 1915 Sept. 8 toll Sept. 10 to 16 Newbulldlngs.......... 102 166 Cost.................... $378,750 $1,066,000 Alterations............. $63,280 $64,825 Jan. 1 to Sept. 14 Jan. 1 to Sept. 16 Newbulldlngs.......... 3,506 3',710 Cost.................... $32,221,880 $31,306,230 Alterations.............. $4,230,292 S3,010,853 aUEENS. Buildine Permlta. 1916 1915 Sept. 8 to 14______Sept. 10 to 16 New buildings.......... 116 126 Cost................... $297,668 $336,485 Alterations.............. $45,820 $9,049 Jan. 1 to Sept. 14 Jan. Ito Sept. 16 Newbulldlngs.......... 3.730 4,103 Cost.................... $14,363,419 $15,053,761 Alterations............. $1,624,206 $646,676 RICHMOND. Building Permits. 1916 1915 Sept. 8 to 14 Sept. 10 to 16 New buildings.......... 19 26 Cost.................... $30,489 $38,875 Alterations.............. $4,045 $2,825 Jan. 1 to Sept. 14 Jan.l to Sept. 16 New buildings......... 624 858 Cost.................... $1,362,000 $1,630,424 Alteratlona ............ $185,365 $182,922