New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-02-02
REAL ESTATE.
Nrw.YoRK. wednesday. Feb. /. 1871.

NEw-YoRK, Wednesday, Feb l. 1871.
At the Exchange the attendance was small
and the transactions without interest Tomorrow this
sale OF T.. II. Ludlow Company will probably attract
full attendance the property TO be sold ia all well 10
Gated for business purposes and will DO absolutely sold
TO the highest bldders
To-day being the quarter day when tenants are notified
to reneg their leases there considerable interest
taken i'm the matter OF rents for the ensuing year. II is
generally conceded that tho majority OF leases ON pu
property will be removed at lower rates than thOso
fast Spring. and that rents in tho vicinity of the
Stock Exchange will be reduced. For dwellinghouses
renting from 81 900 to 81 500 there is good demand, and
probably no decline in rates will bo made. Murray
Iilll property Is also In good demand, ana no ue
east and west fashionable center Of the town
in as active demand, but the number of new dwell
VERY nnmeTo"s II is ancipacd that there viii be no
marked decline in rents. In Brooklyn there was largo
number OF houses left vacant last spring but in the Au
tumn there was an active demand and but few houses
remain unOcoupiod Landlords, rs general thing
will ask tho prices as last season. ana In some ais
rics an advance VIII be paid. Quite number OF houses
in the vicinity OF Prospect Park unOccuped and can
he rented at low prices but rs the Is very
hnly inhabited low rates do not tempt persons to leave
the center of the town for that locality
comparative table made iQr the Legislature OF ONO
shows that the value OF taxable real estate In that state
has enhanced rapidly during the past ten years The ag
grete of the taxable real property In Oho IN boy Wa
t6&L2i64 This was an increase IN the six years next
prior 10 1852 Of Sl52og9 or IN mo fato OF 10 peree
tun The aggregate o. the appraisal OF $50 as prs'od
for equalization, Is si57lb96, an Increase OF Si2
1886, being an average OF 81 per ccntum Inns
increase, unprecedented IN the history OF te STATE mas
occurred in tho decade in which the growth pop
ulatiOn has been only II per ccntlm; ana even thls
growth has been confined to the cities and towns, where
in general the great agricultural areas have probably
fallen OF IN population Thus by one bound, and during
a period of great financial disturbance, and with cur
reucy still iICdCCmabc, the grand aggregate has almost
doubled II Is impossible not 10 appTehend That IN
eases advances not consolidated growth in
value, but an imitation, which resulting from inc eAcle
mcut which, attending advance, often gives mo-
menum to movements in real estate very liable, as has
been repeatedly demonstrated by experience to LIT estl
mated values too rapidly.
w. II. RayuOr has sold throesorv, broTnsone 'front.'
house No 81 West Fort fouttst, lot losNlW ior va
fGj to be used for stable purposes Also one lot north
side OF Sixtyseyeuths l2j feet cast O FLhaVe, 25x
100, foI $4,000.
AUCTION SALES or NEW-YORK REAL ESTATE.
BY JAMES N. MILLER.
The premises so Allsonst ~ ofscrnel o2it# FOWO
Plot Of ground }th 20 Of JEsrc siIe Of pot
o.
The 10 Of l2hye, 81 Vp. IJOt'J LOON
Tie Ctl- 4, and the wHterHsht. 900