Trading On The Heights Prominent Speculators In District
The real estate market last week shows a sharp rise in demand for properties in Washington Heights and the Riverside Drive area. Builders and investors push plans for projects along the Drive from 5th to 22nd streets, reflecting renewed confidence after years of slow growth.
MENTIONED IN THIS ARTICLE
Upper West Side
Washington Heights
Riverside Drive
Sth
22Th Streets
Upper Drive
Heights
Manhattan Island
Feights
Riverside Drive Upper Manhattan Realty Boom Hours Past
The article traces slow growth of the upper Riverside region from 1833 to 1900, noting empty houses, high operating costs, and post panic readjustment. It describes land values along Broadway near 135th Street to 16th Street, with corner plots at $125,000 per four lots and front-foot values up to $2,500. The subway opening spurred activity, with many investors profiting in the Heights and Bronz.
MENTIONED IN THIS ARTICLE
Prive
Upper Riverside Drive
Upper
Riverside
Fort George
Manhattan Island
Broadway
135Th
16Th Street
iSist Street
St. Nicholas Avenue
Real Estate Vacancies and Long Term Value at Riverside Drive
Real estate analysis warns tenants of vacancy losses and repairs. Brokers overlook 10 percent vacancy loss and 20 percent potential losses from vacants. Builders note Riverside Drive’s shift from cautious early 1900s gains to sustained Heights activity amid tax burdens and subway momentum.
Real estate boom edges wider in Heights and Hunt's Point
Conditions favor a broader growth in two Bronx districts as vast loan capital fuels builders. Transactions in the Heights include plots at 170th street Broadway and 181st street near St Nicholas av. central Fifth avenue deals involve No 3 Fifth Avenue and Dodd Mead leaseholds. American Bank Note Company plans a Manida Street Garrison Avenue printing plant drawing 2 500 to 5 000 workers, costing over 2 500 000, boosting the Hunt's Point boom and nearby housing demand with rail sidings planned on the New Haven line.
MENTIONED IN THIS ARTICLE
Heights
Hunt's Point
Bronx
Hunt’s Point
Hunt‘s Point
L. J. Phillips & Co
St. Nicholas Avenue
Hall J. How & Co
Daniel B. Friedman
David Kahnweiller
Friedman
Mr. Lawrence
American Bank Note Company
Manida Street
Garrison Avenue
Banknote Company
New Haven Railroad
Enlarge Office Building and Fire Protection Work Planned
Plans filed to enlarge the nine story North River Insurance Company building at 93 to 97 William Street by five stories for William Street Offices owned by a corporation led by president Andrew B Newcombe at an estimated cost of 60000. An auxiliary sprinkler system will equip the six story loft and store building at 1 to 5 Bond Street for Albert Prie dlander as owner. Remodelling of three five story flat houses at 340 to 344 St Nicholas Avenue owned by Mrs Clara Strauss with Bernstein Bernstein as architects.
MENTIONED IN THIS ARTICLE
North River Insurance Company
William Street
Andrew B. Newcombe
Frank H. Quimby
Bond Street
Albert Priedlander
St. Nicholas Avenue
Clara Strauss
Bernstein & Bernstein
Taxpayers' Congress Planned by Real Estate Board
The Real Estate Board of Brokers proposes a Taxpayers' Congress to curb municipal corruption. Delegates linked to taxpayer numbers and district valuations will form divisions across Manhattan and other boroughs with local headquarters and elect their delegates. An overhaul of the city budget may follow.
MENTIONED IN THIS ARTICLE
Taxpayers’ Congress
Real Estate Board of Brokers
Congress
Manhattan
Bech
Legislative Committee
New York Real Estate Board of Brokers
Real estate sales and leases across Manhattan and Bronxwood districts
Multiple transactions reported: Paul Bultman sells a five story flat on East 135th Street to a client of William Melian. Martin Pletscher sells a two family house on Grace Avenue to Marcus Nathan with in part payment of four Bronxwood lots. Leases handled for Pease & Elliman include properties on West 39th, East 73rd, East 6th, and West 72nd streets to various tenants. Other deals involve brownstone No. 419 West 141st, the Broadway 144th street corner plot, and several six story apartment houses on Amsterdam Avenue 70th Street and Broadway 17th Street. Additional sales cover Madison Avenue near 120th Street, 170th Street plots, and Boston Road prospects. total values and lessees noted for each property.
MENTIONED IN THIS ARTICLE
Paul Bultman
East
135Th Street
William Melian
Martin Pletscher
Grace Avenue
Lyon Avenue
Marcus Nathan
Bronxwood
Pease & Elliman
West Sith Street
Thomas H. Divine
Edward E. Spaulding
West 39Th Street
General Howard Carroll
T. Edward Liddy
East 73d Street
Charles Dana Gibson
East 6Th Street
George Tiffany
T. Hi. Raymond
Lemuel C. Benedict
Renton-Moore Company
Clara A. Forrester
141St Street
Booss
Broadway
144Th Street
Hudson Trust Company
Charles J. Fleck & Co
Amsterdam Avenue
70Th Street
J. de C. Ireland
St 47Th Street
A. B. Mosher & Co
John Ingle
Madison Avenue
120Th Street
Max Marx
H. D. Baker & Bro
Freyer
170Th Street
Gibbs & Kirby
A. C. & H. M. Fiall Realty Company
Benjamin R Lummis
Castle Court
17Th Street
Jeveland A. Dunn
Boston Road
10Th Street
Prospect Avenue
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Fifth Avenue
Great West Side
19Th Street
Tnid Street
Audubon Avenue
Bronz
Geoi
1830 Street
West 81St Street
Manhattan Square
Central Park
A. P. Coburn
Park Avenue
Robindale Compton 307
Fifth Ave
Richmond
Washington
Forest Lodge
Glen Allen
Virginia
Y. C
Brophey
Grand St
DaNbury
Conn
City
Reade Street
WM. C. Walker’s Sons
Madison Square Garden
GEO. R. Read & CO
Liberty St
E. 85Th St
HOTEL
Aberdeen
New York
Denver
McLain
Bark Ave
Hoboken
N. J
Fifth Avenue Zone
Best & Co
Fifth .Avenue
Whiting
Dodd, Mead & Co
85Th Street
Robert E. Dowling
Theodore D. Robinson
James R. Roosevelt
Frank J. Cassidy
Albert B. Ashforth
Sussex
65Th ST
Akin
98Th ST
Country Property
Cnouth
Carolina Coast Island
Famous Island
Sea Island
Grant Arish
Washington, D. C
U. S
Webb Pub. CO
St. Paul
Minn
Scarsdale
Hartsdale
Ruland & Whiting CO
Beekman ST
Darbyshire
Rochester
Taxpayers Congress
Board Project
Quiet Courte Executive
Nassau ST. MY City
Supreme Court
Stephen Whitney
Edward G. Whitaker
Vesey Street
N. Y
Washington Street
West Street
Pearl Street
Pearl
Bridge Street
E Cor Moore & Pearl
Pearl St
Moore St
Broad Street
Front Street
Monroe Street
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Mercer St
Norfolks
Sixth Street
First Avenue
Henry F. Miller
Pine Street
Nassau Street
Joseph P. Day
New
Hastings-on-Hudson
Hastings Homes CO
Autumn Resorte
New Jersey
Atlantic City
Lair
Homeley
Galen
Traymore
The
Montclair
Montclair, Nx A
Lakewood
Ewood
D. P. Simpson
Lakewood, N. J
Maxwell
Froebel Normal
West 96Th St
Tribune Building
Nassau St
Patrick Geelen
J. Gamache
Taylor Street
Morris Park Avenue
Cruger Avenue
J. Camache
Bronxdale Road
Gramatan
Bronxville
Westchester Co
J. J. Lannen CO. Presse
Garden City
Long Island
J. J. Lannen CO
South Carolina
Pine Forest Inn
Summerville
Oper Seas
Forest Inn
Martinique
Board of Water Supply
Board
RTH
Wallkill
Wallkill River
Aqueduct
New Paltz
Gardiner
Ulster County
John A. Bense
Charles N. Chadwick
Charles A. Shaw
J. Waldo Smith
Thomas Hassett