Real Estate Outlook Sketched for Bronx Markets in Year
The Real Estate Record and Guide notes brisk Bronx trading and a cautious outlook for 1920s. Leaders aim to transform Manhattan and Bronx districts into modern office loft centers while avoiding overbuilding. Mortgage financing may brighten as money loosens, but speculative gains will be fewer than in prior years.
MENTIONED IN THIS ARTICLE
Chambers St
Sthave
Hudson River
Real Estate Record and Guide
Manhattan
Bronx
Stock Exchange
Improvement plan for block bounded by 129th 130th sts
A spring project aims to improve a block bounded by 129th and 130th streets Convent Avenue and Nicholas Terrace. The plot extends 216 feet on the avenue and 585 feet on the streets. Eight large elevator apartment buildings will be erected, each 100 by 130 feet, with 25 foot gardens between houses. Courts and yards will be enhanced to improve light and ventilation.
MENTIONED IN THIS ARTICLE
129Th
130Th Sts
Convent Ave
Nicholas Terrace
130Th Streets
Convent Avenue
St. Nicholas Terrace
William L. Rouse
Four story leasehold dwelling sold at auction rooms
A four story dwelling on a 16.4 by 100.5 foot lot was sold last week in the auction rooms. The property is a leasehold and the sale was conducted by Herbert A. Sherman.
MENTIONED IN THIS ARTICLE
Herbert A. Sherman
Real estate shifts signal new city skyline patterns
The Wilbraham property at the northwest corner of 3th street and Fifth avenue changed hands last week for $1,000,000 from Frederick Fox & Co. to John J. Gibbons for Mrs. Emily H. Moir. Thearticle surveys expanding office and loft needs, a growing West Side market, and plans for a Bronx project on 129th to 130th streets with a $1.5 million budget, plus a forthcoming Manhattan speculative revival tied to transit upgrades.
MENTIONED IN THIS ARTICLE
3Th Street
Fifth Avenue
Frederick Fox & Co
Emily H. Moir
John J. Gibbons
Reported Leases From Ames & Co and Local Buildings
Edgar and Curls rent No 115 West 50th Street a four story house on a 16.8 by 100.5 foot lot. No 108 East 28th Street a four story house on a 20 by 100 foot lot. An apartment at the Nottingham No 35 East 30th Street rents. Ames and Co lease for Benjamin Sparks to James Butler the store and basement at No 1047 Third Avenue corner Twenty First Street for five years. Also two stores at No 248 Grand Street for Thomas H. Stewart. E H Montgomery takes the store and basement at No 731 Third Avenue for a term of years. William Nelson leases to the New York Herald Company the store and basement at West 2nd Street and Bennzer Brothers lease lofts at No 45 Mercer Street for Adolph Werthman. Abeel takes all lofts at No 45 Mercer Street. Williams Walker's Sons lease lofts at No 277 Church Street. Rich...
MENTIONED IN THIS ARTICLE
Grand St
E. H. Montgomery
3D Ave
William Nelson
New York Herald Company
West
Et Sbenzer Brothers
Adolph Werthman
Church St
Sadie Carr Abeel
Mercer
Loft style remodeling plans for three Manhattan addresses
Plans filed with Buildings Superintendent Murphy show 79 East 10th Street to be converted into a loft building with stores and a new facade for Nathan Schwab. Another project converts 206 to 210 West 17th Street into a loft building for light manufacturing for F. P. Maupai, at an estimated $8,000. Also recorded are six story loft buildings with ground floor stores for James P. Knight at 215 and 217 West 49th Street costing $50,000, by architects Townsend Steinle and Haskell.
MENTIONED IN THIS ARTICLE
Murphy
East 10Th.st
Nathan Schwab
Gross & Kleinberger
West 17Th St
Lght Manufacturing
F. P. Maupai
F. W. Fischer
Manhattan
James P. Knight
West 49Th St
Townsend, Steinle & Haskell
Four story dwelling sold on West 69th street
Pease and Elliman sold for Benjamin Stern a four story high stoop dwelling at 120 West 69th street on a 19 by 100.5 foot lot. George F. Picken conveyed an estate sale of a five story double flat house at 164 East 79th street on a 25 by 102.2 foot lot. Philip Schwitzer sold to Jacov Rubin and Robert Kommel a five story flat house at 107 East List street on a 25.6 by 100.8 foot lot, with Rubin & Kommel exchanging 540 East List street for a six story flat house with store on a 40 by 102.2 foot plot. Robert H. Weldron sold to Sarah E. Le Compte a five story Mathouse at 134 Franklin avenue.
MENTIONED IN THIS ARTICLE
Pease & Elliman
Benjamin Stern
Auction sale set for fourteen West Side tenements
Investors flocking to January 15 sale of fourteen West Side tenements with just 2 percent cash due on taking title and 80 percent on bond and mortgage. Joseph Day to conduct the auction, with the following day handling executors and other miscellaneous listings.
MENTIONED IN THIS ARTICLE
West Side
Joseph 2. Day
Real estate transfer on Jessup Avenue in Upland
Jesse C Bennett and Co sold three lots on the easterly side of Jessup Avenue 700 feet south of Featherbed Lane to John Wait. Mr Walt will build two private houses on the plot in the spring. Additionally two adjoining lots on the same avenue were sold to E Holzhkalb for his own occupancy dwelling.
MENTIONED IN THIS ARTICLE
Jesse C. Bennett & Co
Upland Realty Company
Jessup Ave
Featherbed Lane
John ©. Wait
Walt
E. Holzhkalb
Receiver of Rents Named for West End and 70th Street Property
Henry T. Randall was appointed receiver of rents for the northwest corner of West End avenue and 70th Street, a 100.5 by 100 foot plot, by Justice Greenbaum of the Supreme Court. The action in forecloses a second mortgage of 25 000 brought by Louise Borges against Arthur Casper and others.
MENTIONED IN THIS ARTICLE
Henry T. Randall
West End Ave
70Th St
Justice Greenbaum
Supreme Court
Louise Borges
Arthur Casper
Brooklyn Subway Train Schedule Unclear on Start Date
Interborough officials hint at Thursday for the Brooklyn Borough Hall service start but have not notified the Public Service Commission. About eighteen hundred Interborough workers will operate experimental trains through the East River tunnel before regular service begins. Express Lenox avenue trains will run to Brooklyn Borough Hall with eight minutes between Brooklyn Bridge and Borough Hall, then headways of three to six minutes in rush hours, extending to fifteen minutes late at night.
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Public Service Commission
Interborough Rapid Transit Company
East River
Brooklyn Borough Hall
Interborough
BE. P. Bryan
Willcox
Lenox Avenue
Brooklyn Bridge
Brooklyn
The
Battery
Broadway
City Hall
Public Serviceommission
Annex Planned at West 24th Street by Knowles Firm
At 23d Street and Sixth Avenue a new annex will occupy premises 46 to 56 West 24th Street. The project will be built from plans by architect H. P. Knowles.
MENTIONED IN THIS ARTICLE
23D Street
Sixth Avenue
West 24Th Street
H. P. Knowles
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