437-461 & 450-478 3rd St
1903-04
Pohlman & Patrick

These Renaissance Revival buildings were also developed by Louis Bonert, and feature a 38ft-wide floorplan, full-height round projecting bays, and a classical main entrance with pilasters supporting a pediment. They are very similar to another group of apartments built the same year by Pohlman & Patrick at 804- 820 8th Avenue. Twelve of these buildings were erected by Bonert in 1903, eight on the south side of the street and four on the north. The following year he would build four more buildings on the north side, this time with Thomas Bennett as the architect, but replicating the original design. The result is one of the neighborhood’s most notable blocks, representative of the height of real estate development.

Just one year after completion, real estate dealer John Pullman helped Bonert sell these and other properties, including over forty single and double flat houses, to David Schwartz and Elias A. Goldstein for $750,000 (about $25 million today). It was considered the largest property sale at the time.