TEACHERS' COLLEGE BUYS LAND

The Plot Is at One Hundred and Twentieth Street and Broadway---New Building to Go Up.

By a deed recorded yesterday, the Teachers' College has acquired the block front on the east side of Broadway, between One Hundred and Twentieth and One Hundred and Twenty-first Streets. The property was transferred to the college by James H. Jones for a stated consideration of $100,000. The plot measures 201 feet 10 inches on Broadway, and is 100 feet in depth, extending back to the land now occupied by the college and its adjunct, the Horace Mann School.

The plot just purchased will be used as the site of a new building for the school. Two recent bequests, one of $200,000 and another of $150,000, are immediately available for the proposed improvement. James E. Russell, Dean of the Teachers' College, said last night that the Building Committee had been for some time making a study of modern school structures, and that the new building would be a model of its kind and equal, if not superior, to any similar building in the country. Architects Howells and Stokes and E. A. Josselyn are now at work on competitive plans. Dr. Russell said that the committee expects to decide upon the final plans by May 1. Ground will probably be broken about Aug. 1. Dr. Russell could not tell anything about the design of the new building last evening, except that it would be four stories in height. . . .