The New York Times from New York, New York • Page 57

1. Part Seven Real Estate Section Part Seven Real Estate Section SUNDAY. NOVEMBER 13. 1910. RE i LATEST DEALINGS INEW WOOLWORTM BUILDING ON BROADWAY TTHE BUILDING i MATERIAL' HARKED WILL ECLIPSE SINGER' TOWER IN HEIGHT pip.

A IN REALTY FIELD Another Big Washington Heights Apartment Reported Sold to Investors. A $500,000 SUBURBAN DEAL Iron Borough Realty Continues to be Demand Scarcity of Small Prlvatt Pwetilngs. An-itUcr sale of Washington Weight apartment lio property, which vti on pt tlx features nf last wtfk'i market, wti grported yesterday. i property consists of the new eight apartment on the north aid of 150tb Itt et ft of Klverelde Drtvu. la un(H by the Cleorge It.

Bagge striictlon Company. i structure wtd on a portion cf old Audubon Park tract, which was fhasc.1 a fcymllcate a year ago rut up Into building lots. M.lf oft Manhattan Arrnir, D. Iu Hole ha resold the property Manhattan Avinur. nrar HOth Street, lv-story flat on lot by 05.

Tho erty wi aold at miction by Herbert Sherman last Monday Tor Ctt.OUU. Inteator 11 eye Marie I J. Hnlan.l haa sold llOVWeet 134th a flve-rtory triple flot. 2t by UO I'm, to ftlmt for Invratmant Shaw o. rn sotl.it.il the sale.

Andrew Hally baa aold for Charles K. Devetmann a two-family house on the north sl.lc of C'hottrron Avenue, between nimnloitd and PuKaby Avenue, tnlon-porl. In a client. H. Aktorlno li.u.

aold, through O. Cr-Intel ft i tlt thi-ee-Mtor tiutldlnif 2AUH HUtfhcK Avt'iiue. on a lot ah by M.ii. Xuhnrb.n Nalea. nv lit- inirctiu.xo of a tract of nearly fifty in ri at Elmhtimt.

the Qucena lMro Cotporiituni hai aecunl a valuable liiuioii to jilrciiiy extcnnlve real liolilnn In Qu. nM. Thla prop- i purl l.fVHitch utate, which l''i ii h-ld liy thr f.iinily for about i flri i wiiK. locnted nt Junction Ave ik Shell Itoad, InimcdiHK ly adjoin-In Hie co ptiny'M Harclay-DuKro tract. pi Irr pHid Im ri pi.rleil ti lo In the l.ri.iKiilio.i.1 of which t-ntah-liHju-n new IiIkIi record for property In thU ret Hon.

A Hiu ton Hepburn, of the 'luic National Hunk, hna purchaned the foiiner home or fcelve and An-hw tieUK't mi lllich Itl.iire Avenue, i.t l(lilf leltl. Adams Ik Kevler neifotlHted Ui rale. Private t)vellia Leaaeil. The demand for private dwelling- I-ehown by the lollowina? Icaat-a reported elltrt1v by Peaan A KIMmnn. who have for Mia.

A. 11. Huhlo the now tlve-atory Amei nn-baaement houae at 4 Kaat Fifty Second Street for Aug4t Ualincnt. 4H Kaat thlrty-foui til hireet, for Krancla A. Hbot, 37 Kant Hev.

iity-flfth Street, for Mra. L. O. mulnlan Wc-t Thirty-eighth ftreet. for Mra.

I'adro hancke Hi Kaat Thlrty-aaventh Hiraet. anil. In conjunction with J. P. Whtion Htuart.

tn Ea.t hcvcntlctb Street for Mrs. K. It. HopkliiH. Kote.

funiner Oerard. brother of Supreme "ourt Jinlne J.imrt W. Gerard, la the buyer of TiH Kant Klfty-third Street, aold lt Wedneaday by Aiotixtant Dtatlict Attorney Frank Mm, ia e- ecutor of the Whitney mtuto, throuK!) Herbert A. Sherman. M.

I. Hens have leaded for the Stern-fld Healty Company the nlxth and aev-cntn containing; 1.H.OOO nquarrt feet, at 817 to as: I Kaat Twenty-foui th Street, to Jitax I.evl.Hon nd Hamttel Holler, trnd-lug aa Max Levlson i 'o. Peter Whittle the buyer of Entt UJUth Street, reported aold Friday. Buying at Tangier, L. I.

The Tangier Development Company re-rorta tV sale of twenty-three plota at Tangier. Fmith Hhore, Long Ialand, this blng XU rrault of Ita first spoclal train to Tangier on Sunday last. Am nn the buyers were Burlalgh N. fmkett of who purchased one and one-half acre- In eectlon 13. plot No.

7. overlooking Cre.it South Bay. and Wlllu.ni A. Prlnt-e. who will at once lava plana drawn for the erection of one of tho finest country homaa on Long i.iani Long Ialand City Apartmanta.

Two more large apartment houses are to be built In Long Ialand City, on the east slO of Pomcroy Street, Just south from Brondway. They are to four-Mory brick -tructures. 37 by 88 feet, to st about eoit.oui The owners am J. T. UrooV.

en. This claia of buildings la J.trgeiy needed In lxnnc lslind t'lty to houae the thoucanus i-f and iactory operatives improved there. A number that h.ive beu built yield a good Income J. IMnhart la to build at I'nton Course, on the eat able of oL.tt Avenue and tha west aide of Windham Street, eight two-story brick houaea. each JU by do feet, to oast about VrpeanuKc of the Block in 1W0," Showinr 'Mayor Hone's Redden and American Hotel.

$5,000,000 Structure to be Erected on. Park Place Corner Will. Be. an Architectural7 Qsvameht. to the Metropolis Gothic in Treatment Containing Forty-five Stories, It Will Be the Third Loftiest Building in the Worlcyani' -the Second in America Will Contain a Swimming Pool, Gymnasium, and Running Track on the Roof Occupcs 'a' Historic Corner Made Famous by Mayor Hone's Residence and Brilliant Social Eventi-Iti Many Novel Features.

On tho alt of Mayor Ph.llp Ilona'a fa. moua Broadway residence "opposite tha Park la to ba erected a towarlng offloa bull ling which. In svery sens of tha word, will an archltacfural omamant to tha city. Thla Is tha Woo I worth Build-Inr. ownad by tha Itroadway-Park Placa Company.

I. W. Wool worth, Prasldont. for plana hava Just baen completed by tha architect. Casa Gilbert.

Tha atrurture, which In aareral respects will ba one of tha most notabla edifices not only In tho metropolis, but In tha world, will occupy tho southwest corner of Broadway and Park Place, having a of 1U3 feet on Broadway, occupying the entire Mock front with the exception of tha Barclay Street corner, opposite tho Ator Houae, while on Place the frontage will be 197 feet. It la estimated that thla neweat addition to New York' a great akyscrapers will coat close to to.000.0Ui. The plana filed laat week for the foundatlona alone aggregate gofiu.OOO In coat From the sidewalk to th top there will be forty-five stories, the total height being 623 feet, exoeedlng the height of the Singer tower, Juat five blxka below, by thirteen feet Only one building In New York will be higher, the Metropolitan, whose tower rlsea 700 feet and inches above the atreet level. Tha only other loftier structure in the world Is the Eiffel tower, 0W feet, making the Woolwortit Building the third highest edifice In the world and the second highest In America. These facts, while revealing something of th magnitude of the building, by no moans tell the full story of Its many Interesting fratnree.

Indeed, the complete atory will probably not bo written until after Ita completion on Jan. 1, It) 12. Few Htructurea In the city, whether designed for commVrclal or other uaea, have re-colved audi careful attention In working out every detail of bote the architectural and structural features as the new Wool-wc rth Building. Fully a dosen sketches have been made by the architect, and Mr. Woo? worth has made auggeatlona and acrutinlsed every one more critically than Is often shown bv the prospective builder and occupant of an expensive private house.

An Oratmrit to the City. "I do not want a -mere building," Mr. Woolworth rema'rked one day. I want something that will be an ornament to th city." 1'lon thla plan both owner and archl-tect have lubored. and the privileged few who hare had an opportunity of aeetng the accepted design and studying tha plans have no hesitation In saying that this latest skyscraper will not only be an ornament, but will' set a high standard for architectural excellence In the future.

Without question It will be one of the few structures which will stand out prominently as a distinguishing type of the eo-t a led New World architecture, aa exemplified In the poaalhbitlea of ateel construction for lofty bualnesa ediricea. The architect hue cast the much-used Benalaaance type entirely aside. In gen-erHl treatment the facade will bo golhlc In style, and yet. while a semblance of gothle. It will not be wholly gothlo In uiflhod of construction or exact forma of detail.

It will represent the gothlc principle In treating the problem of vertical llnea aa frankly aa treated by many caihodraJ buildera. The vertical llnea will bo relieved at atairea by horizontal llnea of. trothlc treatment. anJ the top of the ma-ln vtructure as well as the belvedere sections of the tower will be richly ornamented In gothlc details. Tho main building; will rise to a height of twenty-atx storloa.

The tower, beKln-lit bit at that point, will contain nineteen Thla tower will bo the spectacular feature of the bulldtnif, as Ita pinnacle, wrlcli will bv brilliantly illuminated at nUrht. will he. discernible at a distance of fifty miles or more from the city, a prominent mark In the landscape. The tower will be eighty-six feet square, larger In dimensions by about twenty feet than thi Singer tower. There will be thirteen stories In the main tower feet Ion.

while tho upper section Is to be treated In four nti.s-ca, and will contain alx stories. The same architectural featurea and ayHtem of Adornment devoted to the front of the building will be similarly carried out on the rear and sides, Mr. oolworth having Insisted that there are to be no blnk walla or weakening of architectural effect In any way. Thla fact, somewhat unusual In tall commercial structures, wblle giving a harmonious charm to the structure means an additional cost of several thousand dollars. trectaral Feat area.

It Is needless to say that It will be of fireproof construction In every respect No wood will be used In the general atructur. al work. The main entrance on Broad-way'wlll lead Into a well-lighted hall with a broad marble staircase at the end, lead-In to the second floor, which haa been taken as the new quarters of the Irving National Exchange Bank. Lwla E. Pier, son.

At the end of the main hall will be an arcade hallway lending to Park Place, this entrance from the latter street being near the end of the building at that point. For passenger service there will be fourteen high-speed elovntors, two bank elevators, and one la-ge freight elevator. The greater part of the ground floor will be utilised for tores and large offices. One of the many novel featurea will be l- 5 --1 117 e- 'A i j. 0a i 2 it 1 t.l-ia-.rs.'".

The Woolworth Building. 625 Feet a Urge swimming tank In the basement lined with marble. There will also be shower bertha, lockers, and other conveniences. Tbe building will probably contain a well-equipped gymnasium and running track on the root. A portion of the upper floor will be used for a restaurant, while the twenty-fifth floor of the main building.

Juat under the tower eectlon. will be fitted up aa a lunch club, with facllltlee for about 200 members. The club wtll have a large dining room and several private aining rooms, a cheerful lounging room with a magnificent bnuard room, on one aiae oi which will be a loggia, and an observation room in the, form of. a paim, garden on the roof. Uealdee these airy eating rooms, there will be a restaurant or rathskeller In the basement the entrance being from the Park Place aide.

Provision haa also been made in the basement for a safe deposit vault to contain about 2.600 boxes. There will be a barber's shop on tbe ground floor connected with the swimming pool. From the structural standpoint the foundatlona for a building of this else deserve, mora than pealnv notice. Having a sandy foundation to work upon, bor-inga nave been made to a depth of IM feet to bedrock, ana thlrty-elgUt caissons, r. 1), I i Ij- f.J 1 1 III.

i i i r' 1 I-. I 1 ft 1: -i 'v I I I 1 1 I 11 -f 7 'JifltSJS T- TV fM-. 1 J. ttjf i 4- Wl'l i ti it I I High from the Sidewalk to the Apex of some, over sixteen feet la diameter, w-U be sunk to bedrock level to obtain a firm setting for the structure. Bolow the sMewalk there will be tti.ee stories, the basement and a eub-basement with the boiler rooms below forming the first real floor level.

Counting tuca, the building will actually have stories. Next to the new Municipal Building, the Woolworth Building represents the largest caisson Job ever under-taken In the city. Thai eowrnf bv the building? I about square feet It occupies I the site of the old structure formerly known aa 231 to 237 Broadway and o. and 10 Park Place. The greater part of the property was purchased by Frank W.

Woolworth a tittle leaa than a year ago, coating somewhat over S2.um.uin, that the total Investment, with the com. pleted building, wtll be not far from making the operation one of notable financial magnitude In the city. Site at Iloae Realdence. The corner selected by Mr. Woolworth for hla mammoth structure la oajrof the moat Interesting from a historical point of view New York.

The iro Tact 7 V-. the Tower. Csa Ollbert. Architect. that Mayor Philip Hone, wbo presided over the municipality 1828, bad bla realdence there la sufficient from hla social and political pronlneace, to add mere than usual interest to the site, but beside Mayor Hone many others of note In early New York days have conrtlbuted worthy reminiscences to the apot Philip Hone house waa at 233 Broadway, adjoining the Park Place corner.

It waa a wide, handsome, building 'In Its day. fronting thirty-five feet on. Broadway, and was the scene of probably more social eventa of Interest than any other house of Its time. Mr. Hone bought the place from Jot ham Smith, a famous dry goods merchant, a century ago, whose etore waa on the alte of the present Astpr House, In ISO.

for Mayor Hone's most valuable contribution to New York, however, la his diary, than which no more entertaining record of early New York has ever been written. To dtne at tbe Hone table waa an A 11 litilmal. rl rj1 nf fifo "wi-hater. Henry Clay. Washington Irving.

Fits-Greene Helleck. John Jacob Aator, Chancellor Kent. John Howard Payne. James Wallack. TVllllam IT.

Seward. fMtmuei nuggiea. james uore King. Charlea King, and every merchant and financier of note, all of whom were frequent visitors to the fine old hoc a at Lit Broadway. No ugly-iooklng post Office Building obscured his view then.

City Hall Park extending clear to the lower end of Park How, and directly op- rjslte bla houae waa the popular Park heatre. where the worthy Mayor wag a confirmed flrat nlghter. He waa one of the organlaera of the Union Club In 183a. lte In life Mr. Hone met with financial reverses, and President Taylor appointed him naval officer of the city.

He died In 1851 In hie new home on the southeast corner of Broadway and Great Jonee Street. In 1836 Philip Hone aold his Broadway residence, being virtually driven out by the expansion of bualneas. He tella of the Incident In bla diary under date of March 8. 1836: "I have thla day aold my bouse, In which I live, St 235 Broadway, to Elijah Boardman for $oU000, to be converted Into abope below said the upper part to form part or me esiaouanmeni 01 in. American Hotel, kept by Edward MilfordV" Land agaln he adds: I am turned out or doora.

Almost every ooay aowmewn is in the eeme predicament, for all the dwelling houaea are to be converted Into stores. We are tempted with pricea mo exorbitantly high that none can-realst, and the old town burgomasters who hava fixed to one spot all their Uvea will be uu Aurtnar tha neat Rummer In locks marching reluctantly north to pitch their 'tents In places where In their time were orchards, oornneias. or moraaaea, a preriy amart dlstanoe from town." Oat Way Aaaertoem Hotel. His house waa quickly remodeled for the enlargement of the American Hotel, which had opened several years before on the Barclay Street, corner, and under the head, American The Commercial Advertiser of June iBort. tells of the improvements made to thla famous hostelry: Thla old and famous establishment has been still further extended by connecting therewith the large and elegant houses recently vacated by Philip In Broadway and also the commodious houae adjoining the same lot fronting, however, upon Park Place.

Bv thnae additions the apartments of the American Hotel embrace the whole front sweep of the block between Park Place and Barclay Street to say nothing of the Park Place houae on the north corner of that atreet and Broadway, which haa been kept aa a branch or the American Hotel for eighteen months past The first mentioned pile of buildings. Including the houses lately belonging to Mr. Hone and John Wilson, though appearing like separate establishments In front, are all connected Internally and by the reara of the several hMrV Hone's late superb drawing rooms are thrown open aa parlors In common tor the ladles and gentlemen of the hotel, and Mr. Wilson's late realdence has been converted into private or family apartments. The establishment Is now of great extenalveneaa, and la excellently well kept by Mr.

MUXord, than whom, on the score of address and a desire to please, there la no more deserving or better qualified Mterer for the nubile In thla country." Elijah Boardman. who paid Mr. Hone the big price made no money on hie purchase, for in 1A3W he was willing to sell at the same figure to josepn and twelve years later. In 1K01. he aold It to Frederick Tracy and Jamea Irwin for They remodeled' the building, and for fifteen yeara or more, under the firm name of Tracy A Irwin, it waa one of the best-known dry goods atorea In the city.

Fameas Dry Goods Centre. The Tracy family waa prominent for years In the business and social life of the city. The elder Tracy, Frederick waa one of the early Wall Street brokers, beinr In 1817 one of the twenty-eight brokers of the old New York Exchange Board. In 1064 the dry good a merchants aold their store to Abia A. Seiover for and.

according to the records of the property with the Title Guarantee and Trun Comnanv. William Butler Duncan Dureha.ed It In 1873 for aais.OW. The recorda Indicate a depreciation after this, for in 18M8, when It passed to the late Trcnor Park, the consideration la given aa 1200,000. The adjoining property at 2.13 Broadway once bordered, when the home of Mrs. Charlea Startln.

the large yard of-John O. Vanden Heuvel. the wealthy Weat Indian merchant, who owned aa hla country residence the Bloomtngdale property, later known aa Burnham's, and which la now occupied by the Apthorpe apartment houae between Seventy-eighth and Hov-enty-nlnth Streets, Broadway and Weat End Avenue. In lh70 It la recorded as owned by the Countess Martha Veraala da Castlgllone, one of the heirs of Henry II Porter, and It waa Durchased at fore closure In 1H78 by Mahlon Sanda for S4.V- 700. and from him It passed to ueorge Noakes.

the late owner. In lh3, for 250. Benjamin and Ilalstead E. Halght purchased the corner, 237 Broadway. 25 by ISO.

from Trinity Church In l.k for Ooo. The Heights were prominent merchants, and owned a great deal of property In the Immediate vicinity. Ilalstead Height died In 131. and the following rear the corner was sold to Silas ronton or showing a good profit, and In 1831 the Broadway nana: got tne pioi ior $115,000. and aoon after erected the old seven-story bulldlqg recently torn down.

In 1903. when the Mercantile National Bank, the recent seller, absorbed the Broadway Bank. It purchased the plot tnr HLIo.ouO. and It is said the nrlce paid for this corner in the recent deal was 1730.000, quite a handsome advance over the paJtry lo.uuu paui to lrinity inurcn eighty years ago. C-m fiiibert.

the architect of the Wool- worth Building, haa designed, among other notable structures, the New York Cus tom House, the Minnesota mate apiioi. and he la now building the 8t. Louis Public Library. Appearance of r-o i I Same Block One YeaAso, Place Corner, tVccttr Central Decllns In Building Opt rations Causes Priest to Vary. 'i TARIFF LAW ALSO A FACTO flT Uwt.

Cement Market Flrmoi-ttg Order, for Structural tteol fsr rv Woolworth tkyoeraper. Tho present oonOltlon of th paint 1 ket is being need ae an Illustration of UMr-opermtlon of tho present tariff law the building material consumers, net enl In thla city but throughout praotJoaUy th whole country, where high prtoaa materials largely responsible for.SA"-decllno of I per cant la now building? operation In October. Thle city showed a toes in th aggregate or 1 pe' cent, aa compared with October. la some citle the loss Is as high aa IS" per cent. Manhattan gained II per cenUV but Brooklyn fell behind 43 per cent.

the Bronx IS. Tho present price ef linseed oQ '1st quoted at cent, with carload lots run nine as low as cents. In 11)1 th prloir" of this dll waa 17 oeata: la 1100. cenuL'-In 1901. II cents; to ISO.

(Oct. U) tf waa 87 cents; on Jan. I. 1910, It waa Tir on Aug. 1, SO; on Oct.

1. 97. and to-day -it Is II. Thla is th progression of prtcae In fourteen years. Under the present tariff law it doe tuH -pay to Import linseed oil or flag tt th former aolla in the market tor lee than ll; In consequence th prloo f- paints haa moved up.

and a small house that would coat to to M3.I0 to paint last-Spring would coat III to 117.10 to palat'fr now. Both these figures Include labory-, Paint has advanced In price from II to 40 per cent Where this chiefly affects th builder IS In th quality of paint he geta to-dayyT-Well advertised paints aaf enough, .3 aa the manufacturer cannot nullify the benefits of thousand of dollars" worth of publicity by adulterating bis paints. But th keen competition amosT fabricators, th cloeenoaa with whtall" painting contractors are now figuring, ing to scarcity of work, and th dlfferenoo' in th quality of metal now sold at tao.r, cheaper pricea for rpoflrg xmrposea, ar7' llehje tempt contractors In thee line to substitute oil baa paints with' too" of an asphaltum baa, th different laT wholesale price being that between. 10 70 cents for asphaltum baa and 1.0 and 11.60 for oil base. It behoove builder to carefully watch the kind --paint he getting on hla roof, ateel wrk---and oornloea.

The paint manufacturers are dcfeodlna their action In maintaining such hif.lt prices on th ground that they have been. pocketbook aa oorapared with manuXacV turera of flour, which haa advanced SS.C per with producer of bacon and ergs, which have Jumped price 90.1 per -eent. more than In 1M, and lard, went up 106.4 per oent. For thla reason no change in prion of paints la likely te occur within a year, or until a new crop of flaxseed ha been raised, har treated, anl crushed. The strike of th express driver had -ita terror for the building contractor throughout th city.

Following th rwoent strike of the bricklayers, during which common brick market waa partial) jr para-lyzed, the dealers mad frantlo effort to get aa much brick en. th Jobs ae poe-. -aible. In case the walk-out extended material truck drivers. Tbe danger waa "r- not entirely removed witn tne eioe or week.

Conatructlon companies feared a walk-out among th. excavators. Th! would tie up operations more than a withdrawal of labor from prt4.ia of a building actually under construction. In consequence of this fear, all fortr-elgb boatloads of common brick that cam Into', the market from tho Hudson River district a week ago were taken, leaving only seven- on hand at tho opening of thla week. Th aala thla week waa equally aa biiak.

Shipments were fifteen below normal for thla time of the year, showing that th manufacturers are not Inclined to flood thv" market Just now, thu letting th whole. sal prlc fall below It to 11.10 ft thou, nr sand. More ltaritan Klver commons csm -In than usual ut IS te IS. 10 to meet th sudden demand. The Portland cement market I firmer-." but thla la due to better undertone, rather than to Incrcasetl demand.

There le distinct feeling that the prloe of Portland cement wUI advene within a abort --now that different conditions have been promised, and It is not at ail Improbable that the price. If It does mov up, Wlii.J exceed ll.so a barrel. I number sales were much mor aottv this week for th aame reason that fected the common brick market' Whole-aalera found that retailer wer aaUoJpet" Ing some of their November-end neede -when consumers began to urge Immedlat shipments of orders ranging for delivery." over the entire month. This wae partlou larly true of New York Ctt. l-ee hard- iroid was taken because of th periahehl nature of thla material If not protected.

Pricea for good grade bard-wood lumber are somewhat firmer, aay't" there Is little likelihood of prices moving down this Fall. Architectural terra cotta le In light mand, and In this respect reflects th eon- dltlon In the building ston market which Is brightening with th appearanc high grade special building. meet on lv In principal demand, with granlt a second. Interior marble shows no change, and price are being shaded, it Is owing to competition being keen for new and desirable busln. with Old Structarca Tors Down, on PstA.