Monday, Jul. 03, 1950

Overcrowding

One department that the New York Post (see above), like most newspapers, had neglected to sensationalize was its' real-estate section. Last week the Post contributed a prize example of the kind of prose that is as overcrowded and badly constructed as a slum tenement:

"Charles F. Noyes Co., Inc.,'through Herbert C. Born, vice-president, in a $350,000 transaction, has leased for Emily S. Goyer, to Ninth Federal Savings and Loan Asso. of New York City, one of the largest in the nation, with its main offices at Broadway and 42nd St., the property at the northwest corner of First Ave. and 45th St., directly opposite the United

Nations development, a plot of 4,800 sq. ft. fronting 40 feet on First Av. and 100 feet on 45th St.. for a long term of years with options of renewal, on which the buildings are being demolished, as a location for its first branch office."

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