A great "temple of art," having been sold to a cigar store corporation, will eventually be turned into a five-and-ten-cent store. Aeolian Hall, Manhattan, bought two weeks ago by the Schulte Cigar Stores for $6,000,000 (TIME, Aug. 11), has been leased to the Woolworth Co. for a term of 63 years. Says the official announcement:
"The ground floor (the present concert hall), which will be occupied by the Woolworth Co., will probably represent the most important store in their large chain of approximately 1,350 five-and-ten-cent stores, including stores in England and Canada. The deal...
To continue reading:
or
Log-In
