The New York herald., 1870-05-19
REAL ESTATE MATTERS.
First Sale or the Sens0n at New Brighton,
Staten Ial0ud.

First Sale or the Sens0n at New Brighton,
Staten Island.
The feature Of the real estate market yesterday
was the sale OF lots at New Erighton g. l., by A. J..
Beecker Son Co., under the direction OF II. Tracy
Arnold Co. These lots are among the cho cest to
be found In that locality which enjoys in particu.
lar manner the rus ta urbe attractions so much
sought after by New Workers. These are truthfully
aud terscy summed up by the managers OF the sale
thus:--Contiguity to the business CENTRE ease and
comfort IN travelling. frequency Of communication,
entire heaIthfulness OF location beauty and extent
Of prospect, Incorporated village advantages aid
absolute freedom from nuisances. Add to
these an encouraging prospect of an increase
value OF real estate this island. ce 10
follow the compet n. or e, en- iHau urat on, 0. I'M
proved means Of travel 10 and from the CITY, by the
e5 alb shmenl OF new ferry lines and the erection Of
bridges contemplated, and lew more desirable places
for inves menI could be found The attendance
yestt rday very fa r. considering how very 1t ie
reno, Gu we ire uou the late stagnatiOn In this
MARKET an for II st sale was gooa. The managers
had lied ged themselves TO allow no bogus bidding
aud homo ably carried out taeir PROMISE reserving,
Of course, their right 10 stop the sale II the prices
offered fell 100 far below satisfactory figure. That
they tound 1t Necessary to avail thems Ives Of tins
privilege proves their honesty In III ling the first
garded as prejudlcl,l to sale on future casion.
great number OF those who attend these first sales
noa are extensive prop etors them Selves VITO M
ply desire TO eel the tone or the market tn view
to Their own action. 1t is, perhaps too early tJ
pect many buyers, but later ON there seems likei.
hood OF an acnve market Messfs. Tracy Arno.d 4
Co. have shown eool example by their conluct on
this occasion, as IN proof of ther good faith they
freely accepted sacrifice in the lots dis Osed o.,
only at last stopping the sale when forced to DO In
sefdelence Such course Is better Ill the end. and
Will prove more to their advantage than II tney mad
gone through the whole catalogue of lots on III cir
map and had them knocked down at high figures to
mel Of straw. The following we're The special
clauses In the terms OF sale, the ng clauses
being the usual ones in real estate auction sales:
Forty per the purchase money may, option OF
the bond mortgage OF premises
three with in crest at the rate of
payable semi-annualy, with tho
tax and assessment csusss liberal discount made
entire cash payment.
Tne Dalance purchase money paid on tho 18th
day June next twelve NJ, the office coun.
tho seller when aud where the deeds win be ready
delivery.
The properly sold good title In simple and will
be conveyed by iu covenant warranty deeds
of all encumorances sub ecto restrictions
&C., existing this and the property
There was but ole piece OF properly dis posed OF
at the Exchange particulars OF winch are sub-
jonea:-
NEW JERSEY PRorERry-nr JOHNSON AND MILLER.
Hotel property at Union Hill, j. and lots OF ground
Franklin anu Jeies son SIS and HUDSON av, hotel,
star, attic and celar frame building. bJYs. feet
tension 42xS0 ~ rooms, to Woodford. 30. $50