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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 06, 1919
Page
39
Development of the southwest corner of Sixth Avenue and Forty first Street with a commercial building for Buckley Newhall Company furniture dealers and subsidiaries has practically been arranged. The isprey violent ia to be.
The Gerry estate funds a new twenty one story building at Sixth Avenue and Forty time Street replacing old structures. John J Snool's Sona Architects draft plans for a corner tower that once faced the Joustern light and view. The Buckley Neryhall Company and Mutual Trading Company, subsidiaries of the concert, will occupy the new building at Fifth Avenue and Sixth Street, with exact work to be done at the Sixth Avenue and Forty time Street corner.
Choice location aids home building as investors eye a Saturday auction of eighty lots on Ulinnat Ridge near Port Chester. Residential area on the New York Connecticut border offers sea views and rolling hills, attracting families. Prices and exact lots described by local agents Austin Knapp and Wobenold, with Palmer properties nearby.
Real estate notices record multiple property transfers and splits. Otanta seven story double apartment house at Broadway and Shsty tfti Street changes hands. Kehoe and Cancro divide Louise Checana 301 Hart Tech Street. Ames & Co list sale of a four story building at 125 West Twenty sixth Street. Feist & Co handle Louise Baumgartner five story tenement at 707 Ninth Avenue among other listed dispositions.
New Jersey acreage change as Elliman sells six acres at Peapack Gladstone to F H Kinnicutt who owns adjacent property. Purchaser holds adjoining land, securing a strategic position in the Peapack area.
Bronx investors buy and exchange improved and unimproved properties in Fordham. Five story apartment houses on Kingsbridge and related streets change hands as brokers Kroryer Starr and Lester Kos ley broker deals. Berkshire Realty sells 1073 Simpson Street a five story tenement. McLennan Bros report multiple lot transfers in Fordham and surrounding avenues as physicians and professionals acquire two family and three story dwellings.
The plan calls for enlarging and improving the adjoining block at the southeast corner of Twenty Fourth Street and Avenue, with a new building and street work to serve the Children’s Court and nearby properties owned by the Craikene Company. Mechanics’ liens are noted in Manhattan.
Beekman family properties near West Broadway and Thomas Street change hands as five story structures at 140 and 142 West Broadway and 82 Thomas Street transfer from the Teukwan holdings to the Markham Realty Company led by Clarence Weishert. The sale, tied to generations of ownership, marks a major transfer of south West Broadway loft assets.
The Schulte Cigar Stores Company rents the Garden Restaurant building at the northwest corner of Fiftieth Street and Seventh Avenue for forty four years with renewals. The aggregate rental is reported at $4,000,000. Herbert Techt & Co. brokers and Tarra & Vaurnat represented the owners.
Estates Development Company holdings on Western Boulevard and Tremont Avenue in Throg's Annexed area were sold at foreclosure auction by Arthur Sheridan to Delancey Coster of Pease Elliman for 190000. The 290 improved lots were sold in one parcel and will be offered in separate lots in early October. Also, the Robert B. Paytey Organization and Richard McCann sold to KR G Adrian the 15 I Hovney residency at 8 Webster Avenue, New Rochelle.
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