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Real estate record and builders' guide: [v. 98, no. 2545: Articles]: December 23, 1916

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December 23, 1916 RECORD AND (iUlDE 867 to start construction as soon as possible. He has always been his own builder, and intends to plan the third addition to his hostelry. The site to be improved is 39.4 feet wide, with a depth of 95 feet. The sellers have held the property for about six years. The new addition will increase the bedroom accommodations by 150 rooms, bringing the total up to about 1,000 rooms. To Build Wall Street Bank. One of the oldest buildings in Wall street, west of Pearl, is about to be re¬ moved to make room for a modern three- story banking structure which will oc¬ cupy the lot 26x100 at 68 Wall street. Construction will begin March 1, the building to be ready for occupancy about September 1, 1917. The improvement will be made bj' the Hochelaga Realty and Development Co., which has made long-term leases with the Standard Bank of South America for the two upper floors, and with the Bank of Montreal, which will take over the ground floor in connection with its present quarters at 64 and 66 Wall street. These leases were negotiated by Edward A. Arnold, who was the broker in the sale of the prem¬ ises to the present owner a year ago. New 43rd Street Theatre. William A. White & Sons have con eluded a transaction as a result of which a new theatre will be erected in West 43rd street by Henry Miller for the pres¬ entation of his own plays. A client of Masten & Nichols, attorneys, has pur¬ chased the property at 124-130 West 43d street, making a plot with a frontage of 85.9 feet and depth of 100,5 feet, which has been leased to Mr. Miller for twenty- one years with renewal privileges. The property is just east of Broadway and is part of the plot accumulated some years ago by Felix Isman, as a site for a large theatrical enterprise, which later, how¬ ever, failed to develop and the property reverted back to the previous owners. Mr. Miller was represented in the trans¬ action by Babbage & Sanders, and the sellers of 124 West 43d street by Walter B. Hopping. The amount involved in the sale, lease and the erection of the new building will approximate $1,000,000. Sale of Unique Shaped Plot. Joseph Silverson sold for the Washing¬ ton Heights Realty Company, to the Regnis Construction Company, Gustave Schneider, president, the block front in the south side of 172d street, between Fort Washington and Haven avenues. The property is unique inasmuch as it is practically all frontage, measuring 189.4 feet in 172d street, 26.4 feet on Fort Washington avenue, and 59.6 feet on Haven avenue, the southerly line measuring about 372 feet. The buyers will build on the site two si.x-story apart¬ ment houses. A building loan of $190.- 000 has been obtained. Each house is to contain accommodations for thirty-two families. A feature will be that owing to the shallowness of the plot all the suites will have street frontages. The houses will be ready for occupancy next autumn. Stoddard & Mark, as attorneys, represented the sellers, and Gettner, Si¬ mon & Asher acted for the purchasers. Sale Near Washington Square, Pepe & Bro. sold for Eugene Gerbe- reau, 124 Washington place, a three-story and basement private house; also 181 West 4th street, a similar structure run¬ ning through the block, to Alfred B. Maclay. This is the third time the prop¬ erties have been sold through this brok¬ erage firm in the past eight years. The buyer also owns No. 126 and 128 Wash¬ ington place, the latter being the former residence of his grandfather. In the rear portion of the lot of No, 128 is a small building two stories in height, which'was erected about eighty years ago and occu¬ pied as the elder Mr. Maclay's stable. About eighteen years ago, when the sec¬ tion was clianging from residential to business, the plottage at 130 and 132 Washington place, running through to 4th street, was sold to the Dental Com¬ pany, which erected a ten-story building. At this time the concern endeavored to purchase the adjoining property and it is reported that an offer was made equal Borrowers having desirable property on which loans are wanted can be accommodated in any amount at prevailing rates of interest. Submit your loans and we can take care of them promptly. Lawyers Title and Trust Company 188 Montague Street, Brooklyn 44 Court Street, Brooklyn 1354 Broadway, Brooklyn 160 Broadway, Manhattan 381-3S3 East 149th Street 367 Fulton Street, Jamaica LOTS PLOTS ACREAGE The Queensboro Corporation BRIDGE PLAZA LONG ISLAND CITY Developers of Queens Borough Real Estate HOUSES FACTORY SITES Directory of Real Estate Brokers MANHATTAN Henry C. B. Stein REAL ESTATE AGENT BROKER, APPRAISER 242 East Houston Street Tel. 1930 Orchard Near Avenue A Entire charge taken of property 27 years* experience KURZ & UREN INCORPORATED REAL ESTATE AND MORTGAGE LOANS 370 East 149th Street East of 3rd Ave. Title Guarantee & Trust Co. Bldg. S. deWALLTEARSS Auctioneer, Appraiser, Broker REAL ESTATE—LOANS 135 BROADWAY, Telephone 355 Cortland WALTER E. BROWN, fseV Real Estate Broker and Appraiser 3428 THIRD AVENUE, bet. 166th and 167th Sts. WILLIAM A. COKELEY APPRAISER EXPERT TESTIMONY ^ 1325 Fort Schuyler Road *• 180th Street and Morris Park Avenue, Bronx GEORGE V. McNALLY Real Estate, Insurance, Mortgages 7 EAST 4M STREET Telephone. Murray Hill 8154-8155 O'HARA BROTHERS Real Estate and Appraisers BRONX PROPERTY Tel. 615 Fordham WEBSTER AVE. & 200th St. JOHN ARMSTRONG Real Estate Agent and Broker Tel. 211 Harlem. 1984 Third Ave., Cor. 109th St. Tel. HI I MAM BurkcSubway 36 Wmsbridge ^Jl-il-ilVf*!^ Station Real Estate in All Branches 3221 White Plains Ave., at Burke St. (207th St.) OPERATORS JOHN J. BOYLAN Real Estate Agent, Broker and Appraiser 402 West Slst STREET, Tel. 1970 Columbus 277 BROADWAY, Tel. Worth 590 BRYAN L. KENNELLY Auctioneer, Real Estate and Loan Broker 156 BROADWAY Business Established 1847 ELIAS A. COHEN Real Estate Operator 206 BROADW.W, Corner Fulton Street Telephone, 5005-5006 Cortlandt THOS. F. McLaughlin Real Estate und Insurance 1238 THIRD AVE., NEAR 72d STREET FISHER LEWINE IRVING I. LEWINE Real Estate Operators Telephone 980 Cort. 135 BROADWAY LOUIS V. O'DONOHUE Real Estate Tel. 3555 Bryant 25 WEST 42d STREET Philip A. Payton, Jr., Company Real Estate Agents and Brokers New York's Pioneer Negro Real Estate Agents Main Office: 67 WEST 134th STREET WM. LUSTGARTEN & CO. 68 WILLIAM STREET Real Estate Operators Telephone, John 6120 SCHINDLER & LIEBLER Real Estate and Insurance Tel. 3436 Lenox. 1393 THIRD AVE., at 79th St. BRONX HARRIS & MAURICE MANDELBAUM Real Estate Operators Telephone 8155 Cort. 135 BROADWAY A. G. BECHMANN Real Estate and Insurance Tel. 3975 Melrose. 1053 SO. BOULEVARD One block from Simpson Street Subway Station LOWENFEI-D & PRAGER Real Estate Operators 149 BROADWAY Tel. 7803 Cortlandt