The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-09-11
REAL ESTATE MATTERS.
Real Estate Notes.


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Real Estate Notes.
The following remarks by real estate writer In
one OF yesterday mornings papers expresses q cor
rect appreciation OF much Of the gossip about real
estate INDUCED In in many quarters about this
time:-
According to principle OF political economy &C.
the value OF land anu dwellings Ia all cities which
are increasing In wealth and population tends
stanty to rse Hence it follows that those who pre-
dict higher prices for real estate almost any of
American cities have, generally speaking rather
more chances OF turning out true prophets than
the ocean Is constantly disturbed by the action OF
winds and tides, and Is absolutely level 80 the
emily Of the influence Of the law above stated
lnasmuch as there are two parties constantly strv
ingthe one to raise the price OF what they wish to
sell ana the other to lower that of what they desire
to buy-t requires vast amount Of knowledge and
no 1nc0nsidera6le sagaciy TO foreses what turn
consider all predictions how real estate In New
York city Is to sell three Blk nine months hence
an even chance OF being right and the best informed
II they do not hesitate 10 hazard any opinion ct e
IN regard to the matter viii hardy o'aim more ior
Tho real estc.e market in Boston exhibits consid-
erabs activity. The following particulars Of large
saia ie6 ,sor. ~ ""-".. ia from the Traveller q.
the 7th INSTITUTE well known Rand estate on
public auction yesterday by G. F. Harrington, auc-
and closed ar four p M There wore twenty-six lots
the e ct
per loot 81 $50 II to e. Lowell Thayer; lot 1887
1ss psF 81 70 LS s
1924 is, to q. Lowell Thayer; Tot A. Ss7i2 feet at
Is cents per foot $500 &c. TO John OILS lot s.
per foot s2,s $40 50, to Michael Hayden; lot !.
9. B. Wilson; lot s. se77 feet at sou cents per foot
S2s26 H. to James Murray lot 0, lSS7 feet. at 25
Der oo
Gabel lot H. 10000 feet at 20 cents per foot l6
to G. l. Thayer; lot r. 1887 feet at % cents per
1919 cents per foot $2,1e3 u.s. to Samuel Mcintosh;
lot - 200 feet at 4 cents per foot S. o. to
foot 81, GAS 50, to james W. Rosten lot TO- 1850
ieet. at 2o1 cents per foot $a.25s H. to Lamson L
lot 70 ss 1o cents psf iss
i; bragg; io 81, - 1l:sSS isst: a. . cents
feet at II cents per foot sl737 a. to Louis Earle;
lot 81 O14l feet ut 1o cents per foot Oo4 49, to
foot si7S5 ST. to James Dolan iot 49, 10 ITO feet at
12h cents per foot $3.50 g. to James Dolan; lot "a
12oa4 ieet at ~ cents per foot si74o 49, to G.
* cents per foot. sl,ssi Is, to Albert Ward. Ia
attached, brought 81 cents per foot, realizing
$l9,816 49, The whole amount Of land sold was
O47 feet about 10 6 acres, bringing S9O385 Is.
The average price obtained was IL 25 cents per foot
There were many capitalists and builders present,
and most Of the lots were purchased by those who
will at once improve them. The prices were con-
sidered satisfactory Last year this land was taxed
The following additional real estate movements in
the Hub are reported In the Traveller The estate
No. 20 Bedford street. we learn, has been purchased
by Messrs. Wilson & Eldredge. This Is the late G.
8. Richardson estate The price paid Tor II has not
TRANSFERRED The three story brick estate Is oxford
street. for s., 000 has been purchased by the Misses
Badger for DR.. Badger Mrs. Mckay, Tor $1l 1856 has
bought Of Mrs. G. NJ. Richardson lot OF land on the
ley street. containing $3.50 square feet. W. Perkins,
for 1O,50O, has bought OF Ebenezer Sanborn, on
Appleton street, handsome brick house. The
Messrs. futile, for $4,000 have sold to W. A. Allen
q fine brick dwelling house the north
east side of Springfield street. near the corner of
Columbus avenue. A lot Of land ct the Highlands on
the nOrthwesterly side OF Folsom place. containing
3,442 feet has been purchased by Hugh Bagley from
Mr.. Folsom, for 1851. owen Nawn for SIS. ESQ., has
bought the HalbrOOk estate at the Highlands on the
northwesterly line OF Harrison avenue formerly
Plymouth street, at the corner OF Zimmerman court.
Mrs. Shea, for $1,000, has bought estate South
Boston, on the northerly side OF Broadway twenty
feet front and extending back to Athens street
from Broadway. Israel Warehouse, for $1,000, has
bought Of NJ. G. KetOn lot and buildings In South
Boston, on Mercer street. near Telegraph street.
George T.. SaffOrd for g. 000 has bought of VIM. b.
Becher land and buildings on the easterly side OF
winthrop street. adjoining the cemetery In Win
throp the land being one acre IN extent. AOnzo G.
Tenney has sold to T. A. Hutchns So 600 feet OF land
on Princeton street for SLIPS.