Appraised:
Slawson & Hobbs............... $2,500,000
Fredk. Zittel & Sons, Inc......... 2,600,000
Assessed 1930 .......ovviiiiierinitoreaeaes 2,250,000
Security: Fee estate in land fronting 100 feet on West 72nd
Street, depth 102.2, west of Central Park, 10,216 square
feet, and the 32-story apartment building erected thereon.
Earnings:
About 90% rented (May, 1930), full rental
schedule .......cciiiiiiiiiiiiniinnenenens
Operating expenses including taxes..........

* 4 ® % % 8 * Ww

Net income, approximately..................
First mortgage interest.. ..

229,146
107.100

Court and Remsen Streets Office Building
(Brooklyn, N. Y.)
First Mortgage 1940 Sinking Fund 6% Bonds
Amount: $3,500,000; retired, $144,000; outstanding, $3,356,000.
Dated: April 28, 1925.
Maturity: April 28, 1940.
Interest: April and October 28th.
Denominations: $1,000 and $500.
Taxes: 2% Federal—Penn., Conn., Maryland; Dist. of Columbia,
 Virginia, N. H. and Mass.
Redemption: Sinking fund 101; otherwise 103 to 1936; then 102
thereafter.
Trustee: William R. Gillespie.

Appraised:
Joseph M. May........ .. $4,800,000
John F. James & Sons......... 5,043,863
Assessed 1930 land and building............. 3,750,000
Security: Fee estate in plot 100x137.6—at the northwest corner
of Court and Remsen Streets in Brooklyn, facing Borough
Hall Park, with subway and all transportation facilities. and
the 28-story office building erected thereon.
Junior Lien: These bonds are followed in lien by a blanket
mortgage on this and several other parcels of property
owned by the Bricken Properties Corporation, 6%% due in
1946, the release price of this parcel being fixed at $1,250,000.

nY