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The Sun from New York, New York • Page 42

Publication:
The Suni
Location:
New York, New York
Issue Date:
Page:
42
Extracted Article Text (OCR)

12 THE SUN, SUNDAY, MARCH 5, 1911. HIGHEST RENTAL BUILDING TRIXITY AT S4.M A IOOT SAW TO LEAD THE MIRER. Ground ftptce Higher In hut Hie t'nlted SUtM testis In He torn From Office Structures-Opinions tit Ky pert on the Ittntlng Jltuallon. Th Trinity Buildinc, overlooking est renting building in the United States. 1 Jm could u- i ntiH KrirteS made more general.

The highest priced renting building In tho world would probably be the exact truth. There has always been more or lees curiosity us to which of New York's palatial office buildings, ornate affairs of bronae, marble and mahogany as many of them are, was tho most expensive from a renter's standpoint, and from all tnat could he learned by Tun St'N representative the palm appears to be taken by the Trinity Building, one of the creation of tho United States Healty and Improvement Company. Standing sentinel over the dead of more than a century, It towers twenty-one stories at 111 Broadway, 'and every room on tho downtown side commands a superb view, tenants on the topmost floors having vistas of the North River and the harbor, with Jersey City, Hoboken and the Palisades in the distance. The building is mainly occupied by bankers, lawyers and brokers, and the rentals average 94. a square foot.

Oeorge T. Mortimer, the renting agent of the United States Realty and Improvement Company, when seen a few days ago In his office on tho fourteenth floor of the Trinity Building, In which are located the general offices of the corporation, which has for its president Harry 8. Black, said that ground rents might be higher in England than in New York, but that floor space rental in Ootham undoubtedly exceeded that of any foreign city. Looking out of the window nt his elbow, Mr. Mortimer indicated No.

1 Wall street as an.ezample of high ground values in New York, 1,100 square feet at that point having sold for 9700,000. or 9700 a square foot. English capitalists are content to take smaller returns on their realty investments. One advantage of the Trinity Building is the width of the offices. A man wants a wide arpatment to give him an abundance of air and sunlight, and those who have vorked in such quarters say that they ire more than compensated for any addi-lonal financial outlay by the inspiration hey receive from their surroundings.

A nan will do more work under cheerful onditlons and his labor will be lightened proportion to his environment. Mr. Monlmer was asked if all the big ffice buildings paid a fair return on the nvestment. There is no reason why a big building hould not pay," he said, "and I think that tost of them do. All that is necessary i the application of sound business rtnciples to the problem and the employ-tent of common sense in the layout of our structure.

Location, light and air nm first and after that corridor space, evator service, lighting and all the other stalls that go to make up organization, 'f course sometimes persons erect an floe building without consulting comment authorities and the result is dis-itroue. I have la mymind now a build-in' putupbyanestatein whichthere wore one of the distinctive arrangements which itrons demand nowadays and are in a osition to compel because of the fact at competition is keen. That building yesn't pay per cent, on the investment idtierer will lie a money maker unless flnrl wu.j. 7 one at an enormous cost To a man or corporation about to build and seeking advice I would say. Build a common nse, practical building Be careful to tvean engineering plant of excellence id spare no efforts to get the best men isslblc for superintendent and janitor, they will como closely in contact with jiir patrons almost daily Irving Ruland of Ruland A Whiting.

ho president of the Real Estate Board 1 Brokers and an acknowledged expert the rental question, agreed with Mr. ortimerthat space in the Trinity Build ig was the highest tought that, the Empiro lower down Broadway and which also erlooks Trinity churchyard, was tho jsest kind of second "The Bankers Trust Building, now in urse of construction at Wall and tssau streets." said Mr. Ruland, "will robably surpass all others, in the price I IITY-FI IIST STREET. Utoolatlon to Ask Permission to hancr tirade. Property owner and teuantf in the icinity of Park avenue and Forty-first reet are deeply interested in street nprovement suggested by Lloyd Colli, insulting engineer, whoso plan for the uenlng of Park avenue nt Thirty-fourth reet it entire width, including tho oon- 'Ik aa.vAA, nnmcu I i iB iji tJ Til lam venue anil the lowering or the steep rade of Thirty-fourth street from Madi-in to Loxington avenue, have practically le unanimous suptort of th property ners of that district anil is now before to city authorities for action Mr.

Collis's present plans call for the pening of Forty-first street across Park venue to vehicular traffic, the street now eing dosed at that pouit by the cut trough which the Fourth and Madison venue cars pass, iho same being the np. roach to the Park avenue tunnel extend-is from Fottieth to Thirty-fourth street, present thorn is a bridgo for pedes- only spanning this cut at Forty- btreet His nlp.lts also call for tho forming of a "laza on Park nvenuo between tho Hotel lelmonl and th (iranil Union Hotel his Improvement be accomplished 1 iy simply filling In the Milroail cut abovo lentioned to the level of the sides of tho vends as now ued for vehicular trnllio "i im' me of I'orty-lirst street, thenco tho cut PLAN FOR FORTY-FIRST rr3 rrrt criv Ft ir II II Ji I I 11 1 1 11 tt fr 21'' Street. a Street. a square foot of icntal, mid there is found reason why It should, 'I he structure sfntid at th" financial npox of he United States, the Stock Kxchange, the United States Treasury Building nnd th) offices of 1'. Morgan A l'.

occupying the other corners It i tlm focnl point from which the tlimuclul section, radiates In response to Hie quest Intim to whether the anting!) olTliv ImlldliiK ill New York yielded i lair lotnrii on the Investments Mr Ktilahd had this to eay: "Tim average officii building, in the downtown district-does, we'l if it vields to ner oetif on the Investment, though are, instances where the return creator, say. in the CB. of nnity and l.inpirebiiildinn,, wnirn tifi iiniiti! mtv more rnn' i' weTe SSHT tngeous prices or ground wn bought 1 cheaply bofoie a ectlon showed ma-k'-d improvement, when tne return is greaier i tnan tno ligures I liavo mntinnei illustration that striken me at the moment is the new Whitehall Building, facing Battery l'ark It has everything to recommend it to tenants', its location in lino and it lm unobstructed light, mid all of tho other advantage, Including accessibl" transportation facilities Kor many years there were no Improvement in the rection of which the new Mructun' i now the centre, and 1 think It can safelv predicted that the Whitehall, because of the roaront mentioned will a paying proposition Of course it'h going totaki? time to lease all that square of floor space Th moving of the Custom House to Bowling Oreen and the erection of the splendid quarters which Uncle Sam has provided, together with the building of the Whitehall, ha wroucht a mvked improvement in I he lower Hroadwav section." Mr. Kuland said there were two zones in New York at the present time where) rentals were highest, tlm Wall httert and' rorty-seconu street s-ociions. unices in elthe'rof the.e districtcommanded from 92.Ro to tl.Wi a quan foot llcpndthat offices that were equally desirable in every wav but location could be had in Broadwav in the neighborhood of the City Hall and I'ost Office for 92 to 92 .10 a square foot Hie same condition prevails in the neighborhood of Twenty- third stret and Fifth avenue, where icv 1 cral fine office huildingx arc to found, i The expert said he had no desire to rritlolse anybody's judgment, but he figured a propoiitlon in five minutes which would indicate that the tnan who recommended the erect Ion of a very tall building on a very narrow plot and paid a record prlco for the land 1 going to have a bad quarter of an hour when he is called upon to show a return on the investment even though the ground floor may be I rented for 940.000 a year The fact that the Flatlron and Times buildings, in both of which thi rentals average 93 a square foot command the highest price in their respective neighbor-1 hood accentuates the fact that light and air are dominant factor to bo cwsid-ered in office buildings.

Both these structures are isolated. The Broad Exchange Building, for many years considered tho largest office, structure in the United States, is now I surpassed by the Hudson Terminal twins ana the New Whitehall. Rents in the Broad Exchange run from 92.2S to a foot, while in the Hudson lerminul- they varv from 91.50 to 92. Taking the Hudson Tormlnals as separate buildings the New Whitehall is the leviathan of its kind. Space is now being let in it nt from 92.25 to 92.60 a foot and there are feet available for rental puroses.

Metv Home for Ruptured and Crippled. Announcement was made yesterday concerning the purchase of a new site on Forty-second and Forty-third streets east of Second avenue by the Hospital for the RupturM and Crippled, which recently old its home in Lexington avenue, Forty-second and Forty-third streets, to the New York Central Railroad for 9l.3SO.000. The properties, which have already been transfered to the hospital's representative, are No. 305 to 325 East Forty-second street, with a frontage of about 10 feet. and No.

304 to SOS. 312, 314 and 31S to 322 bast forty-third street. Do Seiding Bros represented the hospital in tho above transaction. I Tt. 1 .1 1 i v.

i 0Il UUR wm than the in stitution's present home, as it i proposed to have a country hospital or convalescent home to take care of such patients ax can be movetl for outdoor treatment. Tho work of razing th existing buildings will probably be commenced this spring, but the new structure will not bt reuU-before August, 1012. Passing of the llnlitsnnrth llnnicleail. The ale lut week of ttio llolriwnitli homestead to the l'anic I'oMty lietolun- ment i onipxny nresatre tlv removal of 'one of Passiilos tine Mo': I'asMilr tine old landmarks 'lhi the old river dine ton avenue, has for uie 1 rinuy nuuti- years v.ithtnod the onward march of nnnti-in the world, but the most thickly seitled portion iT 1 I n-saic's lament wnrt. the iro Building, which It i the Intention the to remove hip hhi nm inimsitin aim to cut a street tliiouirli I'm- entio of tho property and then erect tentv.slN houses of stucco and Irame mnstrm turn with oicht rooms and Imth with hiitdwnod floors and trim, ull improvements, Im luniiiu the new llund hot water heaters.

The sain mBM made by I'owlaml. Shafto lm' who will also have of develops ment and sale of the new house. 1 in tho centre of lite nvenuo will again descend into tho apnroach to tho tunnel the grade lieing a very slight dally for electric cars, where there is n(J other traffio to obstruct same. This plan would open Furtv-flrt street across I'urk avenue to all classes of trunk' and the surface cars would l. I(1 take, on and discharge iass.iign-h formed 1 1 woul'1 si" -o much additional spar-- for traffic i 111 IPAahnl, I a I I'll I riiri.v-socomi stroot HOIlll bo oppning of hourty-Hrst viijuki sijroiy leilove siUiation on Forty-second street improveiiiont is etimatiHl to cost -ntiul and would he paid by iiHSMsNmetii i An ushociution has JW fortnod fo bring this matter to the nttentioi, of the city authorities, known as tho Forfv-flr-V 1 SjrtKit Improvomont Association, of which Simeon lv, 'ord is tuosidont potitioi la lining fip.i L.n,l 1...

uallnir i I iminn i hearing l.ofoio tho local Hoard or Improvement, and tn cally all lho owners of tlm a gne honot tioii aticl ,1 'i mini 'I in- I Jill nfcunf.ilfn to tno orrout this iinprovoim.nt would 1 "IV n)tv fiiHtid Con. tral i i i.oni,.i,iiiU... I tral l.ll.ll .1 '1 I of Park avenue from Fnrtiuth stioot to mini IIIIU JITII run in bridging Fori v-socond street I Ollls When asKoil tl nlmvi, tl 1... 7 necessary in iho CotiiralV plnm, slight Increased rniso of their vhulnni Forty. llrst street in order to iiuifiii iiimci room ior crosstown traftlo undor same STREET IMPROVEMENT.

I I THE BIG WHITE STOKE. Ilsmberger nroi. to Erect M.OOo.ooo nulldlng in TVewsrk. The city of Newark Is to have a department store larger than nny other "of Its kind outafdo of New York and Chloiigo. It will bo known as the "Big White.

More" and will bo constructed by Batnlierger Bros, at mi tlmntod cost of $2,000,000. Tho building will occupy A frontage of fool 011 Market streot and tho space on Washington and Halsoy streets will be i tin and 135 feot respectively. The gen-1 oral treatment architecturally will be luoimc i ne exterior up to in soconn while the Gothic 'the exterior up to the second euporsirucuiro win lie oi pure wiiue trra cotta, and It is this characteristic form wlilch the structuro will receive iti Tho building will bo eight stories 1 SIXTH AVEXI ES FI'Tl'HE. rapt. Grrenhut Think It mil Not Metro-xrade.

The recent consolidation of the Oreenhut and Slegel Cooper interests was imperative, according to Capt. ,1 Greonhut, president of the companies, who says that each organization had in a meaure outgrown its respective quarters, and it was thoupht that the combining of tho various departments would solve the space problem satisfactorily. The action of the progressive corporations would seem to ettle for good the falsity of the presumption that. Sixth nvenuo lelow Twenty-third Mtrcet has ceasod to 1 a great retail centre. Touch ing upon conditions as he see them f'npt Groenhut aid "Sixth avenue from Fourteenth to Thirty-fourth street the centre of the retail business not only of New York city but of all tho surrounding territory, and we wen't see much change in our lifetime It inuv be said that the city i Iioinc subdivided into districts devoted to different rlaissoH 0I trade, howover I "Tlie high class trade is being ooticon- ir Tl.

rtv.foiirth street, but i her" in Sixtli avenue," Twenty-third street) and Fourteenth stiect is the trade of the masses, and it would be hard to lislnc.it it 11 MIIISI DO HUltMlllWH'ti IIIMl Jlipe coming from Hrooi.lyn. ana mm Widmm wmwrm mmmmmmmmKkes Island nil i-cach this district before 1 tiers of tho old town of firavesend. and a house and plot at the cot to the hloresfurther uptown I ar various times they received crants 1 east corner of Koverly road and West Drive. expect Sixth avenue to grow better and of land from the Dutch and British Oov-better for tho retail trade 1 ornors It was in ITTfl that tlio final -One rc'ifon we hear more about the 11 wa? Thirtv-fourth stieet district is fhat real Krant mado, and nil the territory estate operators are interested in prnmot-1 in that vicinity was apportioned in thirty- mg tnat section, wiiue noixxiv seems to be interested in booming this part of the town from a real vstnto point of view "So far as transportation Is concerned, the facilitior- are just as good here ns they liave ever been, anil they are Improving nil the time. The only recent changes at Thirty-fourth street i the opening of the Pennsylvania tunnels, and that is not of great value tot lie retail trade, as travellers from distance do not stop for shopping when they arrive.

If tlio opposite were true there would have been groat retail in Forty-second street, where tho (Stand Central Station hud been for many years, anil this we know is not tlio caso, The McAdoo tubes are comparatively new, but passengers on that system, tapping neatly all the Wo'iern road, roach hero befote Herald Squ.no Ileal IMnti' I M'hnuce to Celehratr ii I dinner of the Real Kstate of Long Island, to heheld next Ihursiiiit 'VeinnL'. fi. at the ljotl iior, ill marl; the opeuliik of a seMson which renltv openiiors ox pert will he the greatest in the real estate Held that Long Island ever l.nov I he cM hamte is putely a cMo ortran-latlim composfil of 1. inline real estate opeiHlori. le eliij.ers builders Hlid civic In the liiMoiudi ol tiueetis and In Nassau and hnllolk lountles.

'I he jitresHlveiiess i the sxchnnsn in mr mic nciicrmcui in wnnn tor public inihtovetiienit; In Keneral h- In brinuing reatl uurlug the evch.in-'e, con imot on th he lor the lietiermeiit of tiflnslt --int over umenshoro llridue. tlirnuuh a series of public mass meet-, u.irs in. mi very nrtro slmie In hr iinnc il.r unhllc nhlcli I. ti. Im lu.1,1 ll l'IU' in, pillili Ili ll is IU III 1 1 I.

,,11 I. il 1 i next Wediiesilay liefoie Iho Public herle Island was built It IS located on ominis.sion, when tlneo ispld transit i tho property of tho late Whitney li in in iiiiriMis iiiunlt till be laid out bvlnnd was restored to almost its original 11 ureat extent a fifind wlirh I ne ililllli'l -is 1 1 1 im Ill uif.ni cciciiraii ol llieso anil nl .1 1 1 1 1 1 11.11. li. tlm tear lulu a iMtidm.irk In 11 ii.nciii.iinrni onlcs the Windsor I utul rompntit. lie Uiudsor Land nnd Imprm etucnt 1 oiupnny Un sold nt Vallev to iM'-ioll 11 plot inix'i; on MndMoii aenue, 'o plot MiMu.iiii on I rank.

Mn street, to L. Unit a plot loxton on Kinerson place, to tl all in ami Crank t.inidueit. each a taint 40 on iHloril tiirft. to I'redcrlck Llnuorie purlato e.o li a plot tiiMim on lliunllton avenue. I ho same company ha sold at llosodale I to 1 hurlfi Hill a Plot 0IM on Oartinnuth 1 to .1.

s. plot soxino on M.iiniltnli pince, to Miinuel NVumnu 1 rilnt im pio corner of II iniillon plncn ami I uncord avenue, to Olher a plot no pi corner of stiatlurd ro.id and booth ateiiup. in lieotim Mradid ot lit ton aeniie. to Charles Morlaitv a nlot Iijimki rot tier of io.ul nnd le. I01 ia plai I he same roniimnv has sohl at Vlornl I't'.

10 lli'lkind a plot 40 irxi "ii ilnut sticcl. to I (I'Mnllev 11 pint iiimI In 1 lilrUellisiipt a I .1 jhcii 0,1 Silel.iiilo street at ''el cntre 1' liorplllu 11 plot in ir iisldiiiMiiu avenue in Scliimdl ii s. -IK 1111 ll.ivison Htenlle. Ill I I'mi'-e a plot on I or'e'oue avenue, to Crank a pint I'Ulin on Lnnit Heach road high, exclusive of the basomont, and it will be Ii shaped with commodious entrances on all three sides. Thore will be half a million square feet of floor space and among the accessories wilt be ice making and electric lighting plants, a liakery and a candy factory and a completely appointed playroom for children A fur storage room with vacuum cleaning attachment for tho thorough cleaning of furs Is to bo a fea turo and the vacuum process Is to lie em ployed in the care of the building Itself The ventilating facilities will be the I newest on the market All of the interior rlxtutee will be of ah oi tno interior nxtutee win no 01 mahogany with rosewood bases, and win ne a complete auditorium, wun seating capacity of over one thousand.

for exhibitions and enteitainments A roof garden under consideration, while NBWAKK'S BIG WHITE STORE. BIG MEADOW TRACT BOUGHT SYXIHCATE ACQCtllES THE GEORGE STIIAYELL MMtSH EAXIh Property. Mhlrti Its Six Mlle Hater, front, Has IMrked I'p Piecemeal lu MIImfII-More Than rifij team at ft an I ftOO Titles Imnlml. t-u. in-, niing oi u--il oy i gerald to Thomas Martin has made public mi-, parties named above, together with Ed ward Somerville of Brooklyn, had houcht 'from tho Citato of floor go Stilwell of I Oravesend about 6noareof meadow land in the vicinity of the Bay im- i provement in tho county of Kings I Tho property has about si? miles of waterfront, being bounded on the east by fiarretson's Creek, while Shellbnuk ln proadnv-t luhlnK to A.

S. i lho recent dal is an unusual one. as To the north is located tho estate of the a plot 20xioo on tlio south side of Hroadwav, it is rarelv that a church sells for ony-lato William Whitnov iind no tho n-nst I we-t of Tweuty-nlnth street: to, thine but cash. Real estate brokers. intu nf i.i,i willlnn, ''nu is ino soutnorn Dounaary me tract is assessed at $202,000 and it is one of tho largest properties, under one control jn Greater Now York niiuiis.

eacn receiving un equal share of upland and meadows The town itself was laid out in four blocks surrounded by a barricado nn a protection against tho Indians, which woro a menace in those days All tho homes of the thirty-nine settlers wero within the confines of this barricado and into tho enclosure at nightfall woro driven their horses and cattle for safety, The allotment of farm land was so made that each of the thirty-nino settler held portion of the barricaded enclosure and their property radiated therefrom like tho spokes of a wheel. One of these sturdy Dutchmen, who probably woro leather breeches and smoked a pipe, was, named (inrtethon. and it was portion of his land that Mr Fitzgerald and his friends nicked up recently. But thero was a man Wore Mr. Fitzgerald who knew something about meadow lands and believed that they had a future, His name was Stilwell and hi ancestor was one of tho origiunl thirty-nino (ioorge Rtjjwoll died a short time ago at the ago of hi, anil tho last fifty years of his llfo wero devoted to acquiring possession of tho meadow lands, known locally as Rotten Meadows, He purchased fully titles, carrying blanks with him constantly, and paid from tifi up to soverul hundred wheruvor ho iouiki a man or mouiiui ueuriiic me namo of tho original patentees He bought Interests or tho I alios Van SirlflVm Voor oos srilwell Van 1 nium- oornees ni itwi an i.ieoi alio tunittin- found a man or woman hearing the namo I corns wll(t on iainom llt the edge of .1.1 i i.

iTl Kl mm. oil 1 condition by that gentleman when he 1 ijommiiiu tiy iinti khiiiii -umii niiun no improved his estate at Sheopshead Bay. I ls on" of of "10 vl" emit)' 111.1 It is probable that this meadow prop erty will be unproved very soon There should bo nn abundance of material for Mil oneo work is well under way on the various subwaya In Brooklyn. It could also bo developed by pumping material from tho waterways. Miilhllng ctllt at Woodmrre, The Frank Cotter Company has purchased from the Woodtnere llealty Company fourteen plots situated in various parts of Woodmore, some helps north and some belnut south of the railroad, while other parcels are near the golf links of tho Woodniere Country Club.

'I his company has just been orsanled for the purpose of building residences, their operations for tho present being confined exclusively to Woodmen1 'Iho Cotter company has se. cured I he services of WeiiiM p. P.lagdcn. who has recently returned after several years study at the Heaux Art in Paris, as architect, and he Is uow cugiureU wltli a cotps of assistants In making plans. The ileslsms will he original and upeoial effort lll be iii-ile to have no Ino houses alike, iirniihd will be broken next nook anil a number of tho houses will be ready for oc I'UPitliev tills season.

'I he Woodnioro Healty Company has leased to Mrs John Kilbreth a residence on the east side of Woodmere noulevAnl an Incinerating plant will dispose of waste paper and refuse generally. There will be a separate restaurant for employees, wherein meals will be served at nominal cost, There will also be a complete system of rest and recreation rooms for employees. The moving stairway system will be installed on each floor, and there will he numerous fireproof stairways throughout the bulldln separate and distinct from the structure proper. Tho sprinkler system will have 8.000 heads, and the freirht elevation facilities in the Haleey street entrance will be large enough to admit the blggeet furniture van, horses and all. As shown in the accompanying picture of the building, a row of vt'lcolo'ed flowers and trimmed boxwood trees will surround the third story, making something unique in the way of store decoration.

Eighteen rapid running elevators are to take care of the passenger service. In short, Newe.rk is to have r. model building of Its type in the Bin; White Store. bctveen Crawford and Chapman road. II.

lioMsclunirit has rented for Kntilth Kohlnson to Herbert Hlro his house situated st tl'e northeast corner of Cential avenue and Onk street. sale tiy the McKnlclit Meslty company. The Realty Comiranr rnort tho fnllonlnff ft.il: At ItavaUf A.FIuaMnff to the Dnoh Oont ruction Oompany eight pioir. eicn nunim, isKins in several diock fronts, on l.iwrence boulevard. The buyers will oreet detached residences of a particularly attractive type to he sold at from to e.icn.

Also to Jlrs. H. I Messllnk two lots on Klcsston a venue; f. orr nlnt iininn itn lm wood avenue near tho corner of palace boulevard. f11 v.v York ini neniy At Itowne Park.

Klushinc. three lots on Thirteenth street near State to Walter r. uiyior. At itioniesood, or r.reat rk. an Irrcaulsr plot of 7.vuno on lllllcrest ao- nueanu "mow piace to nerneri ii.iiresory.

ednrlmrst two lots on Linden street I1P.T I eaarn.ir-i avenue 10 aira. 1 arvry. Itlckrrl.l lnlay Kales. i no iiioKcrw iniay iieaur ompanv nit a .1 I "V'IPLT' oress ateiuie: aUo anht suxion at the north- est isirncr of Nineteenth street and press avenue. In Kensimrton the company has sold to llN)w'l' Stephenson, a plot Mxi 1 on the north side it Sortli 3o fet east.

of K.ast Drive, to RenJatuin M. Iluehes, a plot Muxi.t on uie norm sine oi ocverij" roaa. ton feet west of West Drive: to Iva h. lles- South nrnne Park to Hate a Post Oltloe. 'I he population of South Orone Park has crown rapidly in the last few year that It has been found necessary to have a post office Installed there to meet tho demand.

Warren It. Ashmead, postmaster of Jamaica, has appointed Mrs. Krlerton postmistress for tho new substation to he opened on the Tloekawar plank mad wlthlnlthe next few weeks. This1 movement will not alone benefit Mouth drone l'ark hut will also aid the immediate vicinity, business people in that locality as well as those residing there will find this post office so sccesslhle and convenient that It will till a long folt want. Iteinnxsl of an Old Kstabllshrd Firm.

The Frank L. Fisher Company, after havlnir been located for the last twenty-live years at Columbus avenue and Kighty-flrst street, moved its offices yesterday to the new hulhlin-t which the compunr erected at No. tos West Seventy-second street, between Droadwar and Columbus avenue. The building, which has Just been completed, Is a seven story structure, the front being of tapestrv brick and marble, with a large store on the ground floor, the upper floors being laid out as bachelor apartments and studios. alrs at Great rk Villa.

The Shields Company reports the follow-Inp sales at fireat Neck Villa: To C. H. Weber, three plots having frontage of im feet by 10 feet in depth: to B. A. Williams, a plot floxiist to It.

a plot eox and ti A a plot Ilrookl)ii Sales. A. J. Waldron hss sold for a client to John fi. nalnhridge No.

An Kosciusko street, a two story frame building, on lot J.U'IOO, also sold for Catharine Montross No. n.s Monroe street, a two story and bisement brick house, on lot 20x100, to Sarah Hanger llullitlmc News. lloliert KIon, architect, has filed plans for building a ono story store room and office on the north side of Eighty-fifth street feet west of Madison avenue for the Metiopolltan Street Hallway Company Tho hulldlnu will have a frontage of 15.5 feot and a depth of is feet and is to cost Kon. F. C.

Zobel, architect, has filed plans for building a twelve story brick store and loft building at No. 14.1 to no West Twenty-ninth street for the Twenty-fifth Construction Company. The building will be fireproof and will have a frontage of 4 feet and a depth of 00 teet, with an extension. Tho cost has been placed at Theodore K. Vldelo, as architect for the Park Department, has filed plans for building a one story storage shed and a manure pit In Central Park north of Ninety-seventh street, at Transverse road midway between Fifth and Rlghth avenues.

In the north meadow, at a cost of Il.son. The Manhattan Center Companv has filed plans through Us Charles Thaln, for making over the four story and basement duelling on the south side of Forty-sixth street sixty feet west of Madison avenue Into a storo and office building, nt cost of I75.oon, The building will be extended S.ll feet In front and J. feet in tho rear. The plans filed for new buildings in the Borough of The llronx Include a two story brick storo and loft building on the west side of Third avenue .1:4 feet north of t7th street for Howard M. Caroline of Plain-field.

N. .1 at a cost of lin.ouo; tno five story brick tenements on the east side of Charlotte street 1107 feet north of Keabury plnce for the Hanover Build ng Company, at a total cost of Isn.noo, and a new store front anil partitions. Ac. to the three tori-frame store and dwelling on the north side of Md street is feet west of Union avenue for Kite Romerson, at a cost of 11,000. THE REAL ESTATE MARKET JAY ESTATE AT RYE SOLD BY n'AltXEIt 9V4.V XOBDEX.

Home for Years and Bnrlal Place of John FpUeopal Church Make AdtMitmgeoni Trade-Terry Tenrh Buy Newarlf Meadow Rite Warner M. Van Norden has sold through Herbert A. Sherman his country place at Rye to William F. Devine for occupancy. This estate was formerly known as the Jay property and is historic ground.

It was there that John Jay, the first Chief Justice of the United States, lived for a generation in the fine o1dColonlal mansion which is a feature of the place, and It was there too that James Fenimore Cooper, the novelist, wrote "The, Spy." The property consists of eighty-one acres running down to the Sound, and besides the old Colonial mansion already referred to there are fine outbuildings and a stable on the place. The original Jay property in this district comprised 800 acres, which passed Into the possession of John Jay Fine, who sold that portion lying to the westward of the Boston post road, a portion of which figured in yesterday's transaction, for nearly a million dollars. Mr. Van Norden is said to have spent 9100,000 on the mansion, among other improvements installing a gymnasium. He also built a garage and special quarters for a pair of zebras, behind which he frequently appeared In the town of Rye and the surrounding territory.

Tho announcement is made that the transfer was for a cash consideration and that no trades were involved in the deal. The body of John Jay reposes in a private cemetery in the vicinity of the man sion, and visitors come and go constantly viewing the ground which is th lost resting place of the distinguished jurist. Before Warner M. Van Norden acquired the property It was occupied for some years by Mr. and Mr.

D. Percy Morgan. The old mansion is said to be the finest example of Colonial architecture between New York and Boston. Warner M. Van Norden.

whose experiences in the financial and publishing world are fresh in the memory of all, is at present, in Europe. St. Philip's Protestant Episcopal Church, which recently sold Its holdings, comprising nine antiquated buildings on the north side of Thirtieth street, just west of Sixth avenue, the last of its extensive properties in tho Pennsylvania section, haa taken in part payment a row of ten double flats six stories high situated on the north side of 135th street between Lenox and Seventh avenues. The property stands In the name of the Chase Realty Company and is known as No. 107 to 145 West 135th street.

It covers the entire block front with the exception of the two corners the northwest corner of Lenox avenue and the northeast corner of Seventh avenue. To be more exact, tho property has a street frontage of 400 feet and a depth of 89.11. It was acquired by the Chase Realty Company about five years ago and Is valued by the' city at The ten of which measures 40xS9.ll, are tenanted by whites just now, hut it is a question just how long this will bo the case, as the congregation of St. Philip's is colored and the neighborhood is essentially colored district. The Thirtieth street property traded by the church is known as No.

113 to 131 and is covered with nine old buildings four and five stories high. They front. 239.10 feot on the street and have a depth on its easterly line of 90.2 feet on it west erly lino of 4S.9 toot, in corner property is owned by Henry Morgenthau. who is now prenng to improve it it with he has a moving picture meaire wnicn ne 1 leased for sixty-thrc" yars to Marcus The property is valued at 9500.0U0. It was ontloned last vear bv a vndi cate of real estate men lor six'months at i i' IIUl n.Wl I IKn I 1 n.

II 1 however, said It was the proper thing to do, as it gave them a steady investment oi mucn greater return man tney nave been cettinc from the Tlilrtieth street i property. It is verv likely that this property will now be improved with a l-irifl Unnln wlik tl, character of th changes made in that section in the last few years. The Terry 4 Tench Company, iron mrA BlA.1 cl.iwilll.il nnnlt.nlnt. I. a bought twenty acres of the Newark ows rrom Josepn r.

uay ana will immediately improve the ground by the erection of their bridgo shop. Other developments will follow, among them the erection of factories for lease or sale. Docking and rullrocd privileges will be included in any lease or transfer, as the property has a frontage on the Hacken-sock Blver of 475 feet. The price could not be learned, but inasmuch as the waterfront In the vicinity of the operation has been held at t'oo a foot front the total will probably exceed $350,000. The property adjoins the large tracts of the Drexler Lumber Company and the Foundation Company, running back to Passaio avenue.

Sidings will be run into this tract by the Pennsylvania. Lackawanna, Central Bailroad of New Jersey and the Erie railroads, all of whose lines run through Newark meadows. These meadows, which not so many years ago were considered woll nigh unsalable, are much in demand for factory and shipping fiurposos. Thoy aro only fifteen minutes ly the Hudson tubes from the heart of the retail and wholesale sections of New York. The Hudson-Manhattan Company has a clause in Its charter which will permit it to handle freight through its tunnels, a big inducement to those manufacturers who are seeking space where they can have both rail and water facilities for the shipping of their merchandise.

The buyers of the Day property are among the largest contractors of their kind anywhere. They built the new Manhattan Bridge and the New York end of the Williamsburg Bridge and are the contractors for the structural work of the Grand Central Station improvements. Charles Warren Trembley represented them in tho purchase of the Meadows property. Christian W. Felgenspan, the Newark brower, has also bought some of the Newark meadow property through Mr.

Day. Thore are three parcels comprising about four acres, each on a corner and fronting on the Plank road It is the intention of Mr. Feigenspan to erect buildings on these plots at onoe, It was the Falrvlew Country Club, not the Fairfield, which is quite another organization, whioh bought tho Howard flould estate in Westohester county known as Hills Lea, reported in this column yesterday. It is the Intention of the Fairview, which has some strong names on Its olub roster, to make its new home one of the finest In the vlcinltv of New York. Tho ground is especial lr aaaptea ior gon ann an eignteen noie course that will bo sporty enough to suit the tastes of those who always talk about 8t.

Andrews will be laid out. For those who prefer tennis there will he ample accommodation, and the olubhouse, encircled bv a broad gallery, will be a descriptive feature, At the meeting of the exeautlve committee of the American Jersey Cattle Club held on Friday evening it was decided to accept the7 plans submitted by Jardine, Kent Hill for the new building to be erected by the club on Twenty-third street Just west of Eighth avenue. The plans call for a three story building to bo built in the Italian renaissance style of architecture at a cost of KW.ooo. The style of facade has not yet been determined, hut Klmor A. Darling, president of the club, said that if will probably be of light marble with polished marble trimmings.

One of the features will be two highly polished monoliths which will extend from' the first floor to the roof. They will be capped with a frUae which will be an exact reproduction of the frieze work In tho temple of Vesta. This feature was Incorporated in ths plans by Mr. Darling, who studied archl-tecture in the Boston Technical InstitSi. before associating himself with the Fifth Avenue Hotel half a century ago.

The building will have two entrances over which will be the shields of America and the twelve States in the Isle of Jersey The club will occupy the basement, th rear part of the street floor and the second floor. The third floor and the toat fiart of the ground floor will be rented the basement wilt be a steel vault. In which will be kept the electric plates of hundreds of Jersey cattle, and Just ovr this will be another vault in which the pedigrees of some 400,000 head of cattle will be safeguarded. These vaults, though separated, will reach from the basement, floor to the ceiling of the first floor. In the rear of ho basement will be the shipping department, which last year sent out 5,000,000 pamphlets on the proper care of cattle.

In tho rear of the street floor will be the executive chambers, and orr this the business departments of the club. The new clubhouse will coveraplot 40xino, wnicn Is lust now enotim hered with ittn three story and basement They will be razed about May I. Yesterday's Kales, SIXTY-FOfBTII Ssnier Co. have sold for Isaac noirr Nos Ml and 143 West iMlty-fourth street, tno four story and basement dwellings, on plot to William S. Fatten, who owns Nos.

l.t; nnd 130. adjoining, FORTY-FOUBTII HTJtEF.T.-John Retd has sold for Mrs. Katie Rhodes No 301 Last Forty-fourth street, a four slorv tenement, on lot 23x11X1.1. The properlr Is located too feel east of Second avcn'is MA1DKN LANK. -The Charles Votes Company has sold to the Preferred fit Real Kstate Company No.

01 Mnldcn line, five story building on lot sjxiw It Is almost opposite the twcntv-fmir story office building to be erected h) tli Continental Hro Insurance Company Interests. Tlllim -SIXTH. STREF.T.-.M. He.s nave soin ior vt. .1, o.

et Thirty-sixth street. a three stnrvdnelliug on lot is.exfis.fi. The luiver Is the Holland Holding which owns No and adiniulng. and linn controls a frontage of ss.s feet. FORT WASHINGTON A VENt -Charles Rosenthal has bought from Thomas J.

Morrow the block front on the east side of Fort Washington avenue btwren 17Mh and 17th strerts. having frontages of feet on the ax-enue nnd tin reet on each street. The plot will probably resold to builders. Hl'DSON STREET. -The Duress Oompsnr has sold for the Pladinm Realty Companv, Alvan W.

Perry, president. No. 50 Hudson street, a four story building on lot six's. MIST STREET. Maurice J.

O'Oorman has sold to Arthur Wldmayer of East Rutherford. N. .1.. Nos. 4M) and 41)1 Fast lltst street, a private dwelling and a four story simile flat on plot for JlS.IOo.

IsOTH STREET. Smith A Phelps have sold tho two five story apartment houses, each on ptot37.xino, on the north side of tsoth street. 70 feet east of Mohegan avenne The buyer cave In part payment the plot II7MAX. at No. ln to Boston avenue.

The transaction Involved about HI'OHES AVENI'E. Ernst Cahn and J. J. I'lttman havo sold for Martha A Smith No. 530 Hughes avenue, a two storv dwelllne on lot M.ftx7.5.

to James E. Watson, who elves In part payment a lot on the west side of lover street, near Coutant street. H'DLOW W. (letter has sold for J. E.

Hentr to H. S. Hrlegs No. 317 Ludlow avenue, a two family house on lot In part payment the tmver gives lots 1 7ft an1 iso, mapot I nlonport Recent lluers. J.

C. Clark Is the buyer of No. 3t West Sixty-eighth street, the salo of which by Mrs. Emms L. ttttengard through Peas? Elllrasn was recently reported.

Pr. B. Farnuhsr Curtis ls the bujer of No. East Thirtv-third street, recently reported sold by M. G.

Thompson through Albert B. Ashforth. T. R. Brill Is the buyer of No West tooth street, the sale of which br W.

Lee through Frederick Zlltel A Sons was recently reported Leases. The Cross Rrnwn Company hss leissH space In the Murray Hill Building, at No. I 10 II West Thirty-eighth street, to 5 Sj'hwersenskl, furrier, who has been In-rated at No. 00 Rroadtiay for the last thlrly-tlve years; also leased office space In the Stlner Building. Thirty-first street and Broadway, to the Interwoven Sfocklne Company; nlso In the Centurlan Rulldhur.

Nos. and I1M llroadway, to James I' Sayles A Co. and to the Centurlan Concrete Steel Company, also In the Arena Ituilillng. Nos. sn aud 41 West Thirty-tlrst street, to the Leonard r.ngineerini company 0110 Ernest I).

Kellogg, and In the Fourth Avenue Building, at Fourth nvenuo und Twenty-seventh street, to Norman Pierce Compiny. Edward l.evtl hH.s leased to a client for Henry Corn the third and fourth floors, containing 30.ooo smiare feet, in the building at the southeast corner of Fourth avenue and Eighteenth street for a term of years at an aggregate rental of about Kuo.ooo (I. E. Haskell ha leased for the (Sreenw ch Investing Company to the .1. M.

Washburn' Company the building at Nos. and A 3.1 nroome sireer ior a lerm 01 years Frederick Zlltel A Sons have lenspd for Mitchell llet7Ker to the Junguinn Iiru: Companv three stores in the building xt the northwest corner of Columbus and Eighty-fourth stieet 'I he lease tor a term oi years ,11 an aggiogare rental of about tso.noo. The American Real Kstate Company has leased to Samuel Weiser, haberdasher, and clothier, a store In the Areco Building, at Third ax-enuo and 1 tntti street. Tho lease le for a term of ton years, lit un aggregate rental of about I43.O00. The Duress Company has leased the first loft in No.

314 Sixth avenue, northeast corner of Fourteenth street, to the Madam Company for 11 term of-ycars: alo the third loft in No. 170 Sixth avenue to tlis Parisian Trimming and Novelty Couipaiit also the second and third lofts in No, 1 74 Sixth avenue to M. J. Daniels; also the store and basement In No. 364 Seventh avenue to the Excelsior Wine Company; nlso the second loft in No.

3S7 Eighth avenue to Hie Plre sign Painting Company, and the store and basement in No. 33 Ninth avenue to Henry uonm. 1 emlng Auction Sales. t.xt 14 Vesey Stieet. 1 Movnsx.

v.tscH o. Iiy Joseph P. Day. street. N'o.

20. frouth lids. 9-' fM west of Mflrllson avenue. four stor dwelling: Countr HoMlDg Company s. Mitchell Merrill 4 attorneys; r.

I lloiimaa. reieree; iue on juotmeni, subject 10 taxes. Ac. S1.4AI.4.X. horty.elghth street, No.

res. north slrte. frrt west of Klrtrnth avenue, nte story teneraenl; Itose Peck, executrix, tllbert Malrman el action 1: I'll man, attorney: AhrsSaam Stern, referee: rt'lf on JuitimeBt, S.VIIS.4I): suhjrrl to taxes, At I1: subject to a first mortgage of StO.ono. roriy.eignm sireei. norm woe.

ft uest of Eleventh avsniif. five story tenement; same vs. same: action 1 same attorney; same referee; due nn hidgmrnt subject to Uses, Ac, KZi; subject 10 a ursi morif age 01 itu.uun. Forty-eighth street. No.

north side. fret west of Uleventlt avenue. Ml 7.11 11x73 s. five storv tenement! tame s. same: actions same attorney: same referee; due on Judgment sumeri 10 Mir, sudjc lo a llrst mortgage of rorty-etghili street.

No. north side. 43 let west of l.lexenth avenue. Mx75.sx3.li7., live story tenement and stor's: Una FecK eiecu trlx.vs. f.

M. Joseph tjllman. alter ney: Abraaam Stern, referee; due on Juclgtr'jt subject lo taxes, Ac, 377; eulil'rl to a first rrortgagu of Ito.onn. By PanlflOreenwald. vtftf, 'n VYi exsi side.

S3. 11 feet south of forty-third street, nve story offlr' niiuaing; also tuoi neginning ni pouu south of Forty-third street and 1S3 feet east of Fifth avenue, one story garace. with rlsrhts to alley: Sheriff's sale of all right, title. wWjh Alfred Walton had on July to, 1903 or since, I Williams, attorney. TCISOAT.

MARCH 7. Ily Joseph P. Hay. Seventy-third street. No.

"31. north ride. Jm feet west of Second avenue, JsxUB 3. five slots tenement and stores: John IlozuiT) xs. Goldstein el Charles Zerbarlnl.

Chard, referee: due ou judgment, subje-n lo taxes. 11,049.1: subject to first mortgage of llS.non. Nlnely-elgbth street. No. 14S.

south side. feet east of Islington ax-enue. II, sit storv tenement and stores; R. FrteilmtiKt i vs. S'eielson Oolduerc llealty Company ei ellon 3: Arnsteln.

U. A attorneys; arrf Leslie, referee: due on Judgment. M.3l.l. sublet lo taxes Ac, St.vf By Samuel noldstlrurr. Cherry street.

Nos. 377 to ja. southwest ror.nf' of Jefferson street. 7SxDix73t04.il. six story w' and store building and one and three story shop one.hslf Interest: (iermsnla Hank vs.

J. M. Demi' sey et A. P. I'llrh.

attorneys: Adai" wiener, referee; due on Judgment. M0.SWW subject to taxes. Ac. St.e3l.97; subject lo a tsoti gage of XlO.CUi. wxpNMnsr.

MAjm Br Joseph P. Dtr-Itlst strtet, No. Ml, north side. IM test wost.

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Pages Available:
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Years Available:
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