Real Estate
F.M. Ring Associates Real Estate – Fifth Avenue – Flatiron District – Estelle Saltiel
© Estelle Saltiel
© Estelle Saltiel
© Estelle Saltiel
High up above the Flatiron District loom several hand painted signs advertising an obscure real estate firm with a eccentric past.
Frank Ring and his brother Michael inherited 15 office buildings – but the brothers could never agree on what to do with the properties. It’s a real-estate mystery: In a city where studios sell for millions, why are more than a dozen prime Manhattan properties going to waste?
Frank and Michael Ring inherited 15 office buildings worth $500 million after their father died. But instead of cashing in on the family fortune, they’ve left most of the valuable real estate vacant.
The empire, mainly buildings in and near the Flatiron District, was put together by Leo Ring. When he died in 1988, Frank became the portfolio’s manager. Each brother owned a 50 percent stake, but they could never agree on what to do with the properties.
Little is known about the Ring Brothers, who live in multimillion-dollar co-ops on the Upper East Side.
Frank’s management firm, F.M. Ring Associates, is headquartered at 212 Fifth Ave., a mostly vacant, 21-story tower overlooking Madison Square Park. An employee told The Post that Frank, 67, would accept questions only via fax. – Kate Briquelet/Real Deal Magazine – October 6, 2013 | 5:46am
Cardinal Realty Company – Mortgage Loans – Auto Insurance – St. Johns Place – Crown Heights, Brooklyn
Small Monthly Payments – 531 Nostrand Avenue NE8-9000 © Frank H. Jump
Ebay
© Frank H. Jump
Cardinal Realty Company, Inc. is a corporation based in New York and it’s registered under DOS number 67261. Cardinal Realty Company, Inc. was registered in June 22, 1951. The company’s status is listed as Inactive – Dissolution (Dec 19, 1984) as recorded in documents filed with New York Department of State. – Companies NY dot com
Old telephone exchange was NEvins 8-9000.
Barton Chapin Real Estate – Yonkers, NY
© Frank H. Jump
© Frank H. Jump
Twenty-five Years Out – History of the Class of 1927 – Yale University © Google Books
WILLIAM BARTON CHAPIN, JR. 8 Brooklands, Bronxville, N. Y. Business address: 161 North Broadway, Yonkers, N. Y. For some years Bill has been operating his own real estate and insurance business under the name ofBarton Chapin – 25 Years Out
Old Fulton History – Herald Statesman, Friday April, 17 1965
