New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-02-12
REAL ESTATE.
NEM-YORk. TnesdnY. II

NL"- iOhh, luebudy, ltO' lie io"o'
Interest in uptown property H. on the in
aud the the central or
upper portion OF the leland sold draws crowds
10 the Exchange salesroo. Many Of these are specu
latOIs, doubt who asOulshcd the fortunes that
have been heretofore realized by operators In city real
estate. and who now decrmncd TO "come In 4" for
their share OF the spo and II the city FIJI during the
next ten years with the rapidy that has charac
terized ITS growth during the past decade. their an'r
pa0ns arc likely to be realized Others professional
real estate operators, who always ready when peeo
Of property sells slowly and Knocked down at few
dollars below its market price, to take 1t, and who VIII
throw 1t upon the market again the next week or inc
next month. And still others buy for the purpose OIL
making permanent Investments, or with the intehtioh
Of building 1t 81 this latter class that 'hc
buyers WHO gathered the Exchange to-day principally
belonged Tie important movement III real estate
to-day the sae Of the "Eeekman leases conSis'iHs
Of twenyyear leases with the privilege of Three renew"
ais naking in all so years. ofpFoperiy' situated On i"
Lexington, and FOuihlyes. aBdSlXty-ibh' sN!'io'H'
and Sixiy.fhss Tho buyers OF this properly "E'ee "
pay the rent scmiannualy; 10 pay taAes "SS'S''
mens c not 10 assign without written PERMISSION; nor
10 build anything but dwtlng-hOnse Oh at ies' h'ec
stories; not to alter the Same lor te"e''nt
house theater or place Of public amuseincn'' or any
mandatory trade or business; Ia Oud such dwelIlng
within two years an un0bsiructcd court yard In
front OF each house Ia rebuild in case Of fire, and to
abandon at the end OF the term, unless renewal is
granted. Tho rent reserved FOR any new term
is to be five per cent Of the value OF the
land and never less than the rent for the
preceding term. The covenants touching the lots on the
Thdave permit the erection Of stores. bat prohibit all
"brewcries, Gsiilciies, slaughcr-houses. smhshops
FORCES furnaces. iron brass found MES manufactures
of iron ware, planning siw-ms steam engines, SOAP
candle, starch. varnis vrio, glue ink, tuipentine or
factories factories tanning dressing pre-
pairing skins. hides or leather, aud all hcaers opera
houses other places Of amusement" The terms OF the
safe were per cont Of the first years ground rent
to be paid to-day, and this Is 10 be returned
to the purchaser on the execution Of the lease.
Tho sale commenced with the lot the northwest
of Third.ave and Sixty!ourth-st, Of which tho
grOund-rent Is 5000 year. this was bought by VT.
Terence Farley for 1860 Mr. Farley also took the two
adjoining the nOrt-groundrent $50 each-for 800
each These three lots have houses on Them The rent
Of the lois fronting the north side OF sixyourthSt Is
$500 year each The first three, commencing 100 feet
west of Thirdave taken by Mr. Moore for S95 eac
the two adjoining these the west side, were
sold 70 Mr.. john Blake for SO each. The next
three, commencing 200 feet west OF the TLird-ave'
were struck down TO Nr McEeOa for SIS each Mr. Bea
man bought the two adjoining the last on the west Tor
500 oach Mr. Richardson the on the west OF these ut
the same price; aud Mr Morrow the one fronting ON
Sxty.fDurHst immediately the rear OF the LeXing-
tove lots So The rent OF the lots on the east side
Of LexinConaye, between SiXtyfourth and SixiyfnL-
sis is 500 wear for the corners and 1928 for the others
The one on the northeast corner Of Lcxngtonaye and
Sxty-fourth-st was sold TO Mr. Hugh Blessing for sos
Mr. Blessing also took the next ono on the north
for SIS The third lot from the cornCr brought
so, aud was taken Ivy Mr. Deyiuuy; the next two
by Mr. Hart for s25 each tie sixth. seventh. eighth, and
ninth by Mr. Sexton for so each; ana the one on the
southwest OF Lexington-aTe. aid SxtytftE-st
by M Mccormick for $780, The lots on tho south side OF
Sixty have ground rent Of 500 each. and tie
nine that were sod commencing In the rear of tho Lex
iugionavo. lots were taken by Mr. Sexton for s. each
The lot ON the southwest Of Thrdave and Sixty
thirds OF which the ground rent 81 OO purchased
by MIR. c. W. Kearncy for S5lS. Mr.. Eearney also
took the two adjoining on tho south, the rent
Of each being $500, for $40 and <2Sj rcspec
lively. The rent Of tho lots on the south side OF sixty
third.st. between Lexington and Thrdaves, is 500
year each The first four commencing 90 feet west of
Tirl.ayc, at first sold to Mr. ~ H. Moore Tor sos
each but Mr. Moore refusing TO take Them they were
again put up and purchased by Mr. Terence Farley for
$40 each. The four lots adjoining these on the west wefo
taken by Mr. schwarizkopp for s20 each The lot on the
southwest corner Of Lexugton-ayo md sxtyfourthS
is subject 10 a ground rent of 500 year, and
was sold 70 Mr. Clark for slOj. Tho lots Lex
ngonaye adjoining the last on the south are each sub
jet to rent Of $40 year. and tie first was taken by
Mr. Cark for 5 and the next three by Mr. Thor for sos
each M Thor also purchased the lots In the rear
Of the last for IS each The rent # these Il $40 year
poned till tomorrow "Wednesday at noon, when Mr..
Muller will continue.
In addition tie above, several other sales made
by auction to-day. Two lots the south side OF Fifty
ninthst commencing $50 feet west Of Seyenthaye aud
directly opposite Central Park, were purchased by Mr.
Appleby S2 500 each by the terms VI sale, 10 per
cent Of the purchase money may remain Oh bond and
mortgage year Also Elizabethst, east side,
3s 10 feet north OF sp1Egst the ye.story brick build
ing with lot. Tho building is 2i9xoO feet, and the
lot 81 feet deep This property was offered but was
bought In for $40 $50 On East Broadway west side No.
81 about south OF Markets. threestory attic and
basement brick and dwelling house 25xi6 IT, lot Is
xGs IT, BY Of the sale. 1fy per cent Of the
| purchase money bond and mortgage. This
property was sold for $1,000 BY another firm. No 100
Varckst east SIDE $50 IT, north Of Wats-st the two
story and basement brick front house. filled with
| brick to tho peak, aud two-story stable on
the rear Of the lot with right Of way for carages 10
alley leading from Wats-st, lot 22x9 feet except small
piece reserved from OF the Terms, 80
per bond and mortgage 1t was struck down for
ST $50 Also the lot No 526 Twenty nintst south side
400 west of Tenth ave. 25xeS9 feet for $500 Terms
OF sale the same as the last.