crown CU Home > Libraries Home
[x] Close window

Columbia University Libraries Digital Collections: The Real Estate Record

Use your browser's Print function to print these pages.

Real estate record and builders' guide: [v. 100, no. 2580: Articles]: August 25, 1917

Real Estate Record page image for page ldpd_7031148_060_00000583

Text version:

Please note: this text may be incomplete. For more information about this OCR, view About OCR text.
Aumist 25, 1917 RECORD AND GUIDE 239 recognized in the trade as coal of red ash grade, and Lykens X'alley anthracite coal that is mixed exclusively from the Lykens Valley seams and of the grade that between January 1, 1915, and Janu¬ ary 1, 1917, was uniformly sold and rec¬ ognized in the coal trade as coal of Ly¬ kens Valley grade: White Ash Grade: Broken .......................... $4.55 Egg ............................. 4.45 Stove ............................ 4.70 Chestnut ......................... 4.80 Pea .............................. 4.00 Red Ash Grade: Broken .......................... $4.75 Egg ............................. 4.65 Stove............................ 4.90 Chestnut ......................... 4.90 Pea .........................'..... 4.10 Lykens Valley Grade: Broken .......................... $5.00 Egg ............................. 4.90 Stove ............................ 5.30 Chestnut ......................... 5.30 Pea ............................. 4.35 Price fixing in connection with other commodities than coal was the subject o^ prolonged conferences and there was every evidence that President Wilson had pretty thoroughly mapped out his plan and was endeavoring to get the full machinery in operation with as little de¬ lay as possible. It Is probable that steel and copper will be the next essentials to be considered. --------------♦---------— Schedule of Fees. Attention of the public is called to Chapter 407 of the Laws of 1917. which takes effect September 1, 1917. This law equalizes and regulates the fees for the Register's Office and for the County Clerks' for the several counties within New York City. The increased fees will serve to decrease the annual deficit under wdiich this office is now operating and place this office on a self-supporting basis. The Register of New York County has published a circular which classifies the services rendered by the Register's Of¬ fice together with the fees for each ser¬ vice rendered as provided under the new law. Copies of the circular may be ob¬ tained upon request at the Register's Office. Under. Chapter 600 of the Laws of 1916, the Register's official searches are guaranteed by the city and for which an additional guarantee charge of $2.00 is made. amtininmnirimuaaiiMcmiiiinDiiiiimiuiinBniiu (iiunrainminiaiiminii^iniiiiiiiKtiijii riimmraiiudimtiinimnmmimniiinnnimiomiiij PRIVATE REALTY SALES. I T HE total number of sales reported and not recorded in Manhattan this a year ago. The number of sales south of 59th street was 6. as compared with 6 last week and I a year ago. The sales north of 59th street aggre¬ gated 11, as compared with 13 last week and 12 a year ago. From the Bronx 8 sales at private con¬ tract were reported, as against 4 last week and 11 a year ago. Statistical tables, indicating the num¬ ber of recorded instruments, will be found on page 313 of this issue. Downtown "Del's" Sold. Cecil P. Stewart, head of Frank B. Hall & Company, insurance adjusters. 26 Exchange Place, bought the down¬ town Delmonico Building, an eight story building occupying a plot 71 x 127 x ir¬ regular, at the junction of Beaver and South William streets. It is understood that the buyer paid about $500,000 for the property. The restaurant, it is said, will be left entirely undisturbed, but the upper portion of the structure will be occupied in part by Hall & Com¬ pany. C. G. Orr & Company, of 45 Wall street, will be associated with Hall & Company. It Is reported that the sale is the result of the recent incorporation of the American Merchant Marine In¬ surance Company, in which Mr. Stewart is interested. The Delmonicos erected the building in 1890. and throughout its existence it has been famous as a meeting place of business men of lower Manhattan, as it has been popular at luncheon hour. Frank A. Archambault the restaurateur, in 1909 was understood to have offered $500,000 for the property^ but Miss Josephine C. Delmonico, who owned a large block of the Delmonico stock, was in Europe at the time, and the deal was not concluded. Robert R. Rainey and Horace S. Ely & Company were the brokers in the present trans¬ action. Peter and John Delmonico came to New York City from Switzerland, in 1827. They established pastry shops which soon grew into restaurants. Thc business has been at 23 William street 56 Beaver street, Fifth avenue and 14th street, Fifth avenue and 26th street. Thc uptown Delmonico's is at the northeast corner of Fifth avenue and 44th street. Title to the Beaver street property will be conveyed on September 18 to the American Merchant Marine Insurance Company, in which, besides Mr. Stewart George A. Gaston, of Gaston. Williams Sz Wigmore, has a large Interest. The buildmg faces the Cotton Exchange, and nearby are many large institutions, in¬ cluding the Farmers Loan & Trust Com¬ pany, the Seligman firm, the house of Lhubb & Son, the Coffee Exchange, the Consolidated Exchange and the Mari¬ time Exchange buildings and the India- House.^ The site of the uptown Del¬ monico's was sold a few years ago to Michael Dreicer, bv the Havemeyer estate. The Delmonicos control a lease on the property which does not expire for about ten years. Large Purchase in The Bronx. The old Bronx Oval, one-time used as a baseball park, has been sold. The property comprises a plot of about seventeen lots, having frontages of 357 feet m Southern Boulevard and East 163d street. The Boulevard property is 200 feet deep, and at 163d street the depth IS 108 feet. The buyer is the Olds Hold¬ ing Corporation, Louis Davis, president, and the seller is the estate of William Simpson, which held the property at llMlil^: l|!'j! Put in ice by zvirel Lock out the iceman and his sloppy, hard-to-handle prod¬ uct. Isko, the electric home refrigerating- unit, puts an end to the constant super¬ vision and quick deprecia¬ tion which his visits involve. Easily installed on almost any icebox, Isko is self-con¬ tained and needs no w^ater or plumbing- connections. It takes its current from the lighting- cir¬ cuit and adds nothing- to you fixed charo-es. Isko does add greatly tu the attrac¬ tiveness your residence or apartment has for tenants. It does what meltino- ice cannot do continuously. It hold's the food chambers at 44^ to 48°—safe below the level where germ life starts decay in milk, cream, butter, eggs ant fruit. It is sanitary—economical- Labor-saving—cheaper than ice refrig¬ eration. Come in and see Isko at work —now. ISKO CORPORATION OF NEW YORK 9 Central Park West Phone Columbus 791 RECORD AM> GVIDE IS IN ITS FIPTIETR YKAR OF CONTIMOJJS lUBLICATlOX,