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CHARLES L. FRASER
BUILDING CONSTRUCTION
372 LEXINGTON AVENUE
NEW YORK

May 6, 1924

J. Seligmann & Company
705-5th Avenue
New York City

Re: 69th Street & Madison Ave.

Gentlemen:

In accordance with your request, I quote you the following approximate costs for alteration at the above building as discussed last Friday.

(1)-New entrance to replace present entrance leaving the floor levels as at present and making the main entrance vestibule at the basement floor level so that you would walk down steps from the sidewalk level to the basement floor level............$5,500.00

(2)-To remove 2 story bay window on 69th Street and form new show window as required..........4,000.00 [[right margin]] 3500 [[/right margin]]

(3)-To remove South bay on the Madison Ave. front and form new show window as required.........12,000.00   

(4)-To remove North bay on the Madison Ave. front and form new show windows as required......... 8,250.00   

(5)-To cut off brown stone projection and chip brick work as required for new stucco, piece out present cornice lines where bays are removed etc. and stucco surfaces on 69th Street and Madison Ave. fronts as required........ 14,000.00 [[right margin]] 8400 [[/right margin]]

(6)-A new elevator could be installed of about the size of your present elevator at 705-5th Ave. for approximately...... 11,000.00
[[right margin]] 9000 [[/right margin]]
(7)-An allowance of about $15,000.00 should be made for interior changes and this cost would change the roof as discussed the other day.

The above costs does not contemplate any changes to the heating, plumbing or electric work, but I think the present work could remain as a whole with the exception of the electric work and this would probably have to be installed practically new to meet your special requirements. You would probably spend another $10,000.00 on the three above items.
[[right margin]] 1240
1500  [[/right margin]]
fill in hole
side wall & lerata