A reserve price is the minimum price the seller will accept. This price is hidden from bidders. To win, a bidder must have the highest bid and have met or exceeded the reserve price.
This ORIGINAL article came from a 1911 Architecture & Building News magazine. Each page measures 10 inches tall by 7.5 inches wide. There are two sets of small staple holes on the side, but these could be hidden under a matte if you are framing the article.
This article is 6 pages long, and features text, pictures and plans of two buildings recently completed in Manhattan. They include the Hilliard Building at 55 John Street, designed by Howells & Stokes, architects; the Arena Building at 38-40 West 32nd Street (extends to 39-41 West 31st Street), designed by Schwartz & gross. A bonus pic of the Mercatile Building at Hudson and Vandam Streets is on the last page, designed by Charles C. Haight.