Friday, August 19, 2011

MORTON TAKES ROOT'S HOUSE

Market rate?

Sept. 26, 1905, New York Times,

MORTON TAKES ROOT'S HOUSE;

Equitable Head to Occupy New Home of the Secretary of State.

Paul Morton, President of the Equitable Life Assurance Society, has taken a lease of Elihu Root's house at the southeast corner of Park Avenue and Seventy-first Street.

The house, which stands on a plot 42.6 by 100, was finished only recently, having been built from plans by Carrere & Hastings on land bought from Charles Dana Gibson in 1903. Mr. Root sold his former residence, at 25 East Sixty-ninth Street , several months ago, intending to occupy his new house, but his appointment as Secretary of State necessitating his removal to Washington, has caused him to abandon this plan.

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