Real Estate Record and Builders Guide Founded March 21, 1868, by CLINTON W. SWEET Devoted to Real Estate, Building Ck)nstruction and Building Management in the Metropolitan District Published Every Saturday by THE RECORD AND GUIDE COMPANY FRANK E. PERLEY, President and Editor; W. D. HADSELL, Vice-President; J. W. FRANK, Secretary-Treasurer Entered as second class matter November 8. 1879. at tlie Post Office at New York. N. Y., under Uie Act of March 3. 1879. Copyright, 1920, by The Record and Guide Company 119 West 40th Street, New York (Telephone: Bryant 4800) VOL. CV NEW YORK, MAY 22, 1920 250. A COPY NO. 21 (27231 $12.00 A TSAB AdTcrtlalMs lB«ez Advertlalma; Index Page TABLE OF CONTENTS. Page A B See Electric Elevator.4th Cover Niewenhous Bros., Inc 699 Ackerly, Orville B., & Son....GS4 Editorials 669 Noyes Co., Chas. F....Front Cover Adler, Emeat N 681 Vehicular Tunnel and Harbor Improvements Ogden & Clarkson Corp 683 Altmayer, Leon S 68rf Provided For 670 O'Hara Bros 684 American Bureau of R. E 684 O'Reilly & Dahn 683 Ames & Co 683 Computing Depreciation of Real Estate for In­ Orr & Co., John C 895 Amy & Co., A. V bhs come Tax 671 Payton, Jr., Co., Philip A.2d Cover Anderson & Co., ^ames S 668 Pease & Elliman Front Cover Armstrong, John 684 Grand Union Hotel Site to be Sold this Week. 6^3 Aspromonte & SOD, L. S 60;i Pflomm, F. a G BVont Cover Real Estate for the Current Week 675 Poe, James E 681 Atlantic Terra Cotta Co 686 Pomeroy Co., Inc., S. H 693 Automatic Fire Alarm Co 694 Private Sales of the Week 675 Porter & Co Front Cover Purdy & Co 2d Cover Bauer, Millbank & Molloy.2d Cover Real Estate Notes 684 Beale Co., Harry S 681 Rafalsky Co., Mark... .Front Cover Beaumont Co., G. B....Title Page Statistical Table of the Week 685 Ray Willes, Inc 683 Read & Co., Geo. R Front Cover Bechmann, A. G 684 New Office Building to House Export and Im­ Benznig Co., Jos. H 602 Realty Associates 688 Birdsall, Daniel, & Co.Front Cover port Interests 687 Realty Company of America... .668 Realty Supervision Co 692 Boylan, John J 68:{ Mayor Hylan Outlines Program for Housing Brady, Henry 679 Richardson & Boynton Co 697 Brown, Frederick 682 Committee 688 Ritch, Wm. T 694 Brown Co., J. Romaine.Front Cover Exclusive Housing Development on Avenue L, Roman-Callman Co ..681 Bulkley & Horton Co 684 Ruland & Whiting Front Cover Busher Co., Eugene J 683 Brooklyn 689 Runk, George S 6S3 Butler & Baldwin 683 .Annual Convention of New York Society of Ryan, George J 6V3 Sasse, Geo. W 684 Cammann, Voorhees & Floyd...683 Architects 690 Schindler & Liebler S>H Carpenter, Leonard J 68H New Construction Held in Abeyance for Lack of Schwiebert, Henry 684 City Investing Co 668 Scobie 683 Classified Advertisements 681 Materials 691 Seath, Inc., James 692 Corning Co., Edward... .4th Cover Personal and Trade Notes 691 Seaver & Co., Frank A 68i Corwith Brothers 685 Smith Co., Inc., E. C ••j90 Coughlin, James A G''- Trade and Technical Society Events 691 Spear & Co 663 Coutoucas, Nicholas 2d Cover Spotts & Starr 684 Cox. Nostrand & Gunnison 6US Building Material Markets 692 Steinmetz, john A 684 Cross & Brown Front Cover Current Building Operations 692 South Ferry Realty Co 668 Cruikshank Co Front Cover Straus & Co., S. W 682 Cruikshank Sons, Wm.Front Cover Contemplated Construction 694 Cudner R. E. Co 683 Thompson Co., A. G 685 Cushman & Wakefield. .Front Cover Plans Filed for New Construction 697 Title Guarantee & Trust Co.2d Cover Cutler & Co., Arthur 684 Trageser Steam Copper Works, Cutner, Harry B 683 John 698 Trotta. Inc., D. A 681 Davies, J. Clarence 6S3 Tucker. Speyers & Co t,8a Day, Joseph P 674-83 Tyng & Co., Stephen H., J 668 Dean & Co., W. E 2d Cover Page Page Ullman 6»1 Dike, O. D. & H. H 684 Hecla Iron Works 699 Leist, Henry G 684 United Electric Light & Power Dowd. james A 684 Heil & Stern 2d Cov,;r Level B, Robert 684 Co 677 Duffy Co., J. P 6:i4 Hess, M. & L., Inc....Front Cover Levin, Inc., Jacob & Morris 678 Uris Iron & Steel Corp., Duross Co 683 Holmes Elec. Protective.4th Cover Losere, L. G 684 Abe 4th Cover Hydraulic Stone Corp 69S Dwight, Archibald & Perry 683 Mack Co., James C 4th Covir Vogel & Rotkin 694 Electro Sun Co 694 Jackson, Daniel H 2d Cover Manning & Trunk 683 Martin, H. Samuel 683 Vorndrans Sons, Christian 696 Elliman & Co., Douglas L 66S Kane Co., John P 4th Cover Walsh. J. Irving 683 Ely & Co., Horace S..Front Cover Maurer & Son, Henry 4th Cover Kennelly, Bryan L., Inc 683 Maxwell, J. S 683 Watson Elevator Co., Inc.,.4th Cover Empire Brick & Supply..4th Cover Kerns Co., James F 684 Weld & Suydam 368 English, J. B 683 May Co., Lewis H 683 Kilpatrick, Wm. D 668 Mclnerney, John F 699 Wells Architectural Iron Co... .699 Feuerbach, F. J 6S-i Kloes, F. J 693 McLaughlin, Thomas F 684 Wells Sons, James N u63 Finch & Co., Chas. H &.Xi Knap & Wasson Co 683 Mc-Mahon. Joseph T 676 Welsch, S., Sons 684 Finegan, Austin 683 Kohler, Chas. S., Inc 668 Miller & Co., A, W 683 Wheeler, G. C. & A. E 678 Fischer. J. Arthur 683 Lackman, Otto 684 Mississippi Wire Glass Co 676 Wheeler Realty Corp 184 Fox & Co.. Fredk 683 Lawrence Cement Co....4th Cover Morgenthau, Jr., Co., M 681 White Const. Co., Inc., The. .. .678 Frank & Frank 61(3 Lawrence & Co., Geo 693 Moses & Moses 685 White & Sons, Wm. A 668 Fuller Co., Geo. A 6114 Lawrence, Blake & Jewell *>GS Nail & Parker 668 Whiting & Co., Wm. H.Front Co"er Lawyers' Title & Trust Co 676 Nason Realty Co 2d Cover Winter. Benjamin 2d Cover Gates. Elmer 684 Leaycraft & Co., J'. Edgar Nehring Bros 68^ Wood-Dolson Co Front Covei" Gold. Louis ti82 Front Cover Newins, Harvey B 2d Cover Wyckoff, Walter C 6.S3 Goodstein, Harry 2d Cover Lehigh Portland Cement Co 69;, New York Edison Co.. The 6.93 Zicha Marble Co., A. R 696 Goodwin & Goodwin (JS3 Leonard Sheet Metal Wks 6f'-l New York Title & Mortgage Co.663 Zittel & Sons, Fredk 683 Costly Mistakes in Building May Be Avoided and Many Difficult Problems Connected with Construction Eliminated Y selecting your BUILDER at the time the AKCHITECT and ENGINEEK B is retained. The result wiil be ECONOMY, SPEED and LOW MAINTENANCE cost, G. B. BEAUMONT COMPANY ^',^EW™ORK' 668 RECORD AND GUIDE May 22, 1920 To the REAL ESTATE ITBPRKN R. TTNS H. OAK ZT HALL OWNER Title Insarance; llortgage Loans; Wm. A. White & Sons Btriclent Serrtoe; Moderate Pees. Stephen H. Tyng, Jr.,&Co. The Management locorporatrd To the BROKER Member Reftl B»tmt* Howd N. T Protection In Placing of Real Estate- (jujck Serriee. Sales, Rentals and REAL ESTATE To the INVESTOR Mortgage Loans MANAGEMENT OF A wide ran«e at Guaranteed Ftrsl ltortga«es and First Mortgage Cer- 46 Cedar Street BUSINESS PROPERTY tlfloates, yielding enrrent rates of Interest. Established 1868 41 Union Square West New York Title U EAST ITTB STRKET and Mortgage Company TeUphoiMt Stayvcsant 4M* OFFICES: MANHATTAN—135 Broadwar BROOKLYM—203 Mootague SI QUEENS—S7S PoltOD St, Jamaica. RICHMONO—SaS Center SL, Rlehmand WBSTCSBSTBB—169 Main SL, White Ptalni WEDAN'-SUYDAM MT. VERNON—3 S. Sd ATC. William D. Kilpatrick Incorporated Member of Real Estate Board, N. Y. Established 1W7 SPECIALISTS IN REAL ESTATE CHAS. S. KOHLER. inc. Real Estate of OPERATOR Real Estate Highest Class Insurance For Sale For Lease 149 BROADWAY For Investment Broker and Manager of SAMUEL KILPATRICK Estates Fifth Avenue Guaranty Building MADi OFFICB: 522 Fifth Avenue IMH Columbus Ave.—Comer 104th S^ Phone: Vanderbilt 634-635 BBAMCH OFFICB: IF YOUR PROPKBTT 1438 St. Nicholas Are.—Near ISlst St NBW TOBK IN THB HABKBT aa tka aalUna partlealara, a hava oUaata wha ar* (ackins w«ll-U Specialists in Harlem iBTMtaiMit prapartr. James S. Anderson & Co. and Colored Tenement REAL ESTATE Properties Management—Leasing Mt BKOADWAT NKW TORK Rentals—Insurance NAIL & PARKER REAL ESTATE Over twenty-flve years' experience in the management of property. 145 West 135th Street New York City Offices 82-84 Nassau Street JOHN E. NAIL Telephone (7882 Eealtp Companp Phone: John 79 HiENRI Y C. PARKER Morningside I 7683 of America FRANKLIN PETTIT FOR LEASE ON Lawrence, President Transacts a LONG TERM Blake & Jewell General Business Four-Story Building, on Lot 26x100. in the Purchase Desirable location, near Custom House. Mortgage Loans Suitable for altering for business. Sales and Rentals and Sale ot APPLY TO Business Properties New York Gty South Ferry Realty Co. Real Estate Clarke G. Dailey. President 115 Broadway 2 WALL STREET. NEW YOflK CITY 115 Broadway, New York City Tel. 4080 Rector Telephone 275-276 Rector Member Real Estate Board, N. Y. D ou ^las LaEUinian £ Co. I City Investing REAL ESTATE and INSURANCE n Company Now in Their New Building 165 Broadway, New York 15 East 49th Street Capital, $5,000,000 Tel. Plaza 9200 •Memfijifi an »..*H *^-^' aiU... '^'»'' ROBERTE. DOWLING, President May 22, 1920 RECORD AND GUIDE 669 Seeking a Way Out established that the people will not buy goods at the high prices recently prevailing then retailers either will have to Drastic action has become the order of the day in deal­ dispose of their stocks at lower prices or else go out of ing with the industrial situation, not only here in the business. That would indicate the beginning of the end of n;ietropoIitan district but throughout the country. Condi­ the era of high prices.