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This newspaper page contains 28 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Jul 19, 1908
Page
8
Real estate brokers cheer as 4 and 5 percent mortgages return amid ample building loan funds. Savers banks resume lending on apartments while appraisal reforms push higher loan-to-value ratios. numerous property deals across Manhattan and the Bronx are reported, with new buildings, leases, and foreclosures noted.
Auction notices list properties including a six story tenement on Avenue B at 15th Street with $43,985 due to T. W. McKnight as referee. Belmont Avenue parcel shows 2 147 feet frontage and $2,517 due to F S McAvoy. Park Avenue corner at 97th Street involves three six story tenements with $20,515 due and $142,600 in four mortgages. Broadway between 119th and 100th Streets covers a large Manhasset apartment house with $452,480 due and mortgages totaling $840,000 handled by M L Bruce as referee.
The page enumerates mortgaged parcels and foreclosures with buyers referees and amounts due across Manhattan addresses including Madison Avenue 2,121 to 2,127 and 133rd Street 75 ft east of Seventh Avenue. It lists creditors referees and total debts from $3,931 to $34,802, and notes multiple transfers and mortgages in July with buyers such as McAvoy Bourke Brand and Gilm.
A series of real estate actions lists properties with blocks and lots on 18th 38th Shakespeare and more. Referees D J Earley R H Clarke Jr K H Rosenberg Stephen Callaghan and L B Hasbrouck oversee divisions and amounts due ranging from zero to over twenty nine thousand dollars.
Listings show several parcels with addresses on 19th 1st Avenue Courtlandt and Broadway among others. Each entry names the owner or party, a referee, the action partition or foreclosure, and amounts due ranging from 1,352 to 43,954 with mortgages noted.
By Joseph P Day 188th St 628 ss 318 ft w of Broadway 14 99 11 three story dwelling Peter Catens referee amount due 9721 SATURDAY JULY 25 On the premises at 11 A M By Bryan L Kennelly 500 lots at Rockaway Park L 1 situated on Bay Triton West End Pelham Columbus Eastern Washington Lincoln Newport Monmouth and 5th and 10th Aves and the Boulevard assignee s sale
List of plans filed for new structures in Manhattan and the Bronx. Mentions a ten-story brick building and multiple proposed developments. Details are incomplete due to fragmented OCR text but references planners and street addresses likely tied to New York press notices.
A sequence of proposed developments details six story brick lofts and tenements on avenues and streets including Exterior Street at 71st Street corner, 3d Avenue at 130th Street, and 5th and 6th Avenues. Costs range from $5,000 to $350,000 with multiple owners and architects listed such as G. H. Storm Oscar Lewin and Walker & Gillette.
A lengthy 1908 era transfer list shows numerous property deeds across New York City areas including Riverside Drive Willis Avenue Longfellow Avenue and 1774th Street. Entries name grantors grantees and loan amounts like 200000 and 8000 with terms several years and interest around 6 percent. Various parties include McGowan Wahlig Lindsay Lispenard and Sympathetic mortgage holders such as North American Mortgage Co and Title Guarantee and Trust.
A series of legal notices appears for foreclosure actions on two mortgages against multiple defendants and partitions, naming firms such as Alexander Green Cary & Robinson Bamberger & Lowenthal Manheim & Manheim and I Hershfield N Blank G Hyde and affiliations, with properties on West End Avenue East Broadway Washington Street 146th 126th and 159th Streets. Other cases include Equitable Life Assurance Society mortgage foreclosures and Times Realty Company actions.
The Queens Borough Real Estate Exchange endorses building two elevated transit systems in Queens to ease Manhattan congestion. Support comes from officials like H Stewart McKnight who prefers elevated lines or alternatives. a five cent fare is urged to spur rapid transit and boost Queens real estate value by about 250 million dollars.
The Van Schaick Realty Company obtained an $800,000 loan from an up-state savings bank for its new sixteen story building at the southwest corner of Fourteenth Street and Fifth Avenue. The loan brings outside capital into the local market, and the 73.1 by 107 foot plot houses already well rented lofts.
Plans filed for a ten story New York Press Club building at Spruce and William Streets. John A. Hennessy is president. Ornate brick and terra cotta facade, ground floor shops, second floor club offices, lounges, billiards, assembly spaces, dining room, and reception parlor. Estimated cost $100,000. Architect Ernest Greene.
The Estates of Long Beach lists multiple transfers this week. Alexander W. Cahn acquires a residential site on Broadway near Long Beach Boulevard. Bernard Schreiber buys two business lots on Park Street near Magnolia Boulevard. Osgood & Van Hovenberg purchase a residential site on Penn Street between Riverside and Long Beach Boulevards. M. A. Peters takes a residential parcel on Olive Street near Magnolia Boulevard. John Palmer buys a business cell on Park Street near Riverside Boulevard. Johan Porrmann secures a residential site at Olive Street and Washington Boulevard. B F Mittelstaedt Jr gains a residential site on Long Beach Boulevard between Olive and Walnut Streets.
The Hebrew Sheltering Guardian Society plans a 1.5 million dollar new complex on 200 acres at Pleasantville Westchester. Architects Jacobs and Heidelberg design a cross shaped layout with administration, Boys and Girls Science buildings, a central oval, forty cottages housing about 15 children each, plus a hospital farm power plant and staff homes. Completion expected by Sept 1 with current Broadway site vacated.
The Bernard Realty Company led by the Hoyt estate and Henry S. Thompson has bought the Broadway Amsterdam block and will build a twelve story apartment house, designed by Hiss & Weekes, promising the largest and highest grade residence with a vast interior court and noise-free bedrooms. Excavation is under way and construction may start soon.
Corbin Holdings unloads Rockaway Park property with 500 lots auctioned next Saturday by Bryan L. Kennelly under George C. Austin, assignee of the Corbin Banking Company. Restrictions require multi lot builds, minimum home costs, and transit links via Battery Subway and LI Rail Road third rail. Mortgage options up to six percent for one or two years.
Joseph P Day announces another sale at Belle Harbor on Aug 1 featuring several plots from the Patrick Maher estate. Included are corners on key Belle Harbor avenues and non dwelling sites where hotels or boarding houses may be built. Purchases stem from a public auction.
The Carlton Realty Company sold two new dwellings on Beach Street Carl ton Terrace Rutherford NJ to John James Jr and Edward W Edwards. It has also sold from the architect s plans three new houses to be built on Hawthorne Street and Raymond Avenue Carlton Terrace.
The Title Guarantee and Trust Company loaned $300,000 to Sarah Parsons for a ten story building at 37 to 41 East Highteenth Street. The five year mortgage at 5 percent has already been sold to a client of the company.
Roselle Park New Jersey awards a $70,000 contract for a new school building on the Grant Clay Cust and Filbert Streets block recently purchased from Roselle Park Realty Company. The City Realty Company plans a $10,000 contract for additional siders and sidewalks.
A series of court notices lists cases with parcels on 7th Ave 111th St and 84th St including 100x150 lots in Eugene Frank v Apartment Construction Co and others, various owners and contractors named, and monetary sums from 18 to 972 dollars. Other properties include 401 Broadway disputes Dennis G Brussel and William S Brown against Walker Realty Co and L A Wright Co with amounts up to 3700 dollars.
Mechanics liens filed on May 11 and May 22 1908 against property owners. Jacob Miller sues George E Chisholm at Lexington Avenue 150. Fred Damm files against Paul Dartiguenave at 179th Street 659 West. Amount specified is 60 dollars.
The T. B. Ackerson Company sells parcels in Flatbush and Midwood Brooklyn for new dwellings. Luke O Regan acquires 109 GO Fast Nineteenth Street Fiske Terrace for fine detached homes. Other transactions include two-family brick and stucco houses on Hawthorne Street near Bedford Avenue and several two-family and detached homes on Bedford Avenue and Glenwood Road with prices listed.
Jamaica Estates reveals several sales including plots on Aber Geen Road Tudor Road Midland Parkway and Doncaster Boulevard with sizes from 50 by 162 to 109 by 107. Rickert-Finlay Realty sells Broadway Flushing plots to James Keller Emilie Cole Frederick Winter and Elizabeth Smith along Broadway and Seventeenth Street. Simhurst Heights sees Arthur Thompson James McCaffrey John Armstrong and others acquire plots on Hillcrest Avenue Prospect Avenue and Belmont Avenue. Nicholls-Ritter Realty reports multiple Floral dens lots sold and plans six one family houses costing 3500 to 4000 each.
Lawson Purdy, president of the Board of Tax Commissioners, cites Queens Borough tax value increases and new assessment districts. A Rickert-Finlay Realty representative notes assessed value rose from 40 404 999 in 1905 to 217 068 775 in 1907 and to 290 458 080 with a 79 million gain, attributing gains to high class development and transit improvements in Fast River Heights, Broadway Flushing, Douglas Manor, and Westmoreland.
Four spanpandy developments are underway in Hastings-on-the-Hudson. River View Minor rises on terraces above 400 feet and includes 500 villa plots, some several acres each. Hudson Heights on Farragut Ready has over fifty houses built in a year. Olinda Park shows strong promise as improvements begin in a desirable village section.
Richmond Hill near Brooklyn and Jamaica draws buyers as residents campaign to highlight the locality. In a week three houses sold or set and options taken on eight others, with strong demand for vacant plots. Reeves & Co. organize hourly special trains from Flatbush Avenue starting 1 40 P M to promote the suburban development and transit access.
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