New-York tribune., 1869-03-25
REAL ESTATE.
H.w.YoRK. Wednesday, March a. 1859


n ExwYoRK. Wednesday, March a. lsc''
Tho roal estate article of morning pAp1a
.on,oins 70 day some very wild remarks 'n ios']~
state OF the market The writer says o,o s,r,ct,res
-, ~ oons,der that at most, bat looOv s ,ies ~
are being annually put mp within fsa, s months about
the city Hall ana thss been disposed Of the ira
tou selfeV1deDL ,,-rs,,os oracted ia
The abatement Of the number OF pudingS 80
cossiveIy Incorrect. though somewhat 700 i@rto'
~. !, ~ rn,uber 10000 arrived att During the
80. 80 49,. u,hs not more than 5000 lots nave Deeh
tonsi,v or otherwise disposed OF at auction ny u"
rs and since the be ginning OF the year not more
,haD 500 transfers OF both improved ana uhlppo'eu
ne,ty have been recorded IN New YORK Cl'y ana hiks
Ionrtv some lots have doubtless been disposed
~ st priyate SALE, but to compare win the ocl
,6 AZ suetior We are 80 far from believing the Iact
that more lots arc in the market than there are oscs
building 10 be a sign OF mnaton or ercuhsubccln H!
way 20 be lamented that precisely OF the opposite
opinion Too few houses have been pnt up IN tue
,v and its vicinity within the last years AS
consequence there enormous demand Tor dwellings,
which has been followed by corresponding rise IN rents
which in turn has caused strong demand for lots Tor
bpdug plrposes II the landlords owned the lots II s
possde they would put rp houses them Immediately
Bnt perhaps unfortunately perhaps fortunately Tor the
public. they do not II they, or any other persons
want piece OF ground they must supply themselves
from the dealers in such property viz, the spectators
The spectators are class of capitalists in the long run
very beneficial 10 the community, who study the pho
Domena OF he times and who among the first TO OBJ
serve and study into this demand Of landlords ana Others
for building spots They buy mp as much land as they
can command. and for time regulate prices Bnt -
impossible for them TO make prices permanently hgher
than they should be. They neither create the ueinau
nor the supply these great permanent forces cannon
long be prevented from regulating market values Iha
q vast amount Of real estate has been thrown upon
the market Is therefore matter for rejoicing IL
simply makes IL difficult for any person or any COM
blnation TO maintain faotltious values AS general
statement it may perhaps be true that where vast
amount OF business there is apt 10 be imitation
But is consong reflection that imitation is an exceed
idgy transtory phenomenon. Whether there ts Imitation
or not question which do not here pretend 10 dc
eide; but IL there be imitation, no combination OF real
estate men can long maintain 1t.
The following described property will be sold by auc-
ton tomorrow at No. Ill Broadway: by Muller,
tssdeneS Of Alvin Higgins, esq extending from the
Bloouinedae-road TO the Hudson River and from One
fftlss "a lots Tenth-aye and Eighty-second.st;
lois seventysXthst, west Of Ninth-aye; lots on
ave- and Elghty-seyentl-st; 8 lots on Eighty
Gftllst. and Tenth-ave; lots on One-hundred.
on ON HntR,3lge south Of sevonfy'nutirst; : lots
ON Seventy secondst. west OF the the Boulevard eva u,
or FourAave. north Of Seventy -hthst one lot north
side Of srventynnthst, east OF Thrdave; the four
story brownstone house No 4S9 West TWentysecond-st
tie threestory French roof frame house the south
e ie Of Eighty yfours $50 feet east OF Secondaye; the
frame cottage on the north side Of Onehuudred-
andfourths l25 feet west of Thdave and the three
tOry hghstsOp brick house the south side OF Sands
St. rs feet west OF Westinghouse, Brooklyn. by
Johuson & Miller 800 Maspeth lots balance Of the
10 lots northwest O the Boulevard and Sixty
sxi-st; lots southeast OF seyentyftb-st and
the riverside drve IL lots east side 0f north OF
Onehuudredandforty nths; the FIVE story brick store
Snd lot No 1H Pearst lease Of the threesory brick
store and dwelling No lG Trdave.; the ground with
font and rear buildings Nos IL, ll and l3 Nanuaust
the foursory hghstoop brOwn-stOne house No Al East
Tentysecoudst and the Lease of the lot with the three
story brick house No 22 Madisonst BY Joseph Mcclure
perenptOTy sale OF brOwnstone houses on fitty
Central Park; brick houses on Ihiryseveth Sx
nth, aud Seventy yfOuTss and store property on Sec
ord.ave also. valuable lots on F0rty-nntl-st, near
Tbirdaye; SeYenteeuthst, between Third and Fourth
aves, and Eghty-Cighth-st., near Egbtn-aVe. by
A. J. BcecEer, Son Co.. the hree-sOry brick house aud
lot, No 1O West Twentyseyentst, two lots on Malso
ave. adjoining the lot northeast corner OF Forty
fouFsf and cOrUer Of the Boulevard and Ninety
eighth.st and ON Ninety-eghthst Northumberland.
seventh and One-hundred audeghthsts., near Tenth
ave. BY James NJ. Miller the hreesOry brick dwelling,
No IL Jamesslip between Water and SOuth-sts; the
thFee-story brownstODe house. No. 2O7 West Twenty
seVenthst and one lot west side OF LeXDgtODaVe south
OF Fffty-sxth-st. BY Wm. Kennedy, the hotel, stable
barn. aud Outbuildngs, at Long Branch known as the
basement bro dwellings, No 1856 Henryst and
No. 81 Fort Greenplace, BrOOklyn; lots Hamilton
ave- Bush. and Smhsts, and the Factory property on
the north side OF Dean-St between Carlton and Wander
biiayes. BY j. Cole. at the Commercial Exchange, No.
SEQ FultOnst Brooklyn, hotel property OF CeruOnt
and Flushingayes, the bTOwnstOne dwelling houses,
stable cor W!llOughby ana Havysts,; and the 3story
brick dwelling houses No. 100 West Warren-st; No.
CheeveT place; No - First-st, Bondst, No East
haTTeIs. No % South OXfOrd-st., and No. 60 Nast.
Fourteenth and Ff-ave. OF Moses II. GIlnDelI, for
term Of years, at $27, so per year.