INVESTORS ACQUIRE REALTY HOLDINGS IN TWO BOROUGHS; Buy W. 45th St. Offices From Fred Brown--Lorrilard Heirs Sell 5th Ave. Corner HOTEL ESPLANADE LEASED West End Ave. Suites in 15Year Rental--OperatorGets Bronx Houses
A midtown business building in which the buyers invested a large amount of cash, an old estate holding in the Fourteenth Street shopping district and an apartment house in upper Manhattan were among city properties passing to new ownerships in transactions reported yesterday.