The New York herald., 1872-12-06
REAL ESTATE MATTERS.

Very Busy Day ~ the Exchange-The
Bear Element Out In Full Force and
Achieve . victory-Exte nsive Sale or
Property by Order or Referees-Als0
LeasehOld Lots fn West Thtrty-fourth
Street.-The Lcnerts Estate In Brooklyn
Sold Yestcrda day-Extrcmely High Prices
Realised.
great deal OF advertising had been done for the
sales OF property to come of AT the Real Estate Ex
change yesterday, and in consequence large
crowd OF anxious operators assembled there at the
appointed hour. The centre of attraction was the
Fifth avenue property proffered for sale by " X.
Stevenson & Son and Anthony j. Bleecker, Son &
Co. The former had choice lot, 25xIo0, on the
southeast corner OF Fifth avenue and Nlnetieth
street. while the latter offered house and lot on
the east side OF the same avenue, between Nine
teenth and Twentieth streets.
The "bear' element was largely represented,
and, as events amply proved, was in heavy enough
proportions to carry the day. ftF
The lot corner or Ninetieth street has been
'bulled' for several days past, and judging from
the talk OF those parties 1t was confidently ex-
pected that 1t would realize at least $780, 900, and
there were even parties who insanely anticipated
that the plot would be run up TO 500. The first
bid oIfered was s42 500, and the price was gradu-
ally increased by offers of $500 until s47,0oo was
grudgingly noted. At last the figure OF $50 900
arrived at, but no addition could be obtained by
the auctioneer, Mr.. Bailey, who tried all his blan-
dishments in vain, however, to run the price mp
higher Mr. r. NJ. Green who offered the last bid,
had the property Knocked down to him. This ended
the agony, and the bears had won the victory.
The sale OF this lot was absolute, the owner, Nj.
Salter, an American merchant, doing business in
China. having ordered its peremptory disposal.
Considering the stringency OF the money market,
the price realized for this corner estate was fully
as much as 1t is worth. In fact, plot OF ten lots
south OF Ninetieth street, and every way in as
eligible location is now offered for s4oo, ,oo0 thus
including two corner lots on the avenue ana two
on the side street, the former OF which can be
divided into six lots OF 1874 feet 'front.' a most de-
sirable proportion for first class residence for
only trne more than this twenty-five foot lot was
disposed Of
At the same time the above sale was progressing
Anthony J. Bleecker was hard at work trying to
induce the crowd to give him the full value for the
four story high stoop brown stone front house No.
1913 Fifth avenue, 22.6X65x100 feet, between Nine
teenth and Twentieth streets. The most the veteran
auctioneer could obtain was bid OF s7650O, at
which he knocked the property down to Mr. s. II.
Holmes, who represents the owner. The same
auctioneer had also eight lots In Westchester
u
of $500 piece thereon, withdrew them.
The attention Of the assembly was next turned
to the various referee sales ordered by the Supreme
Court to take place yesterday, which were as fol
lows-
BY BENJAMIN r. Farchild auctioneer, per order Of
George T. Demarest, referee fur story brown stone
ssyo siyooS tSr sSl7' which was to cover mortgage Of
One four story brick tenement house So Gouverncur
fppf rat, bualJ IN
N sirdsaii for siSooo : ''' '''''' '''''e''0
William Kennedy, auctioneer, sold:-
One four story brown stone house north side Of Fifty
By order of F. smythe' referee to Allen H. Ward, Tor
Iii the st Of s s road
hs nsns shsr II sseer Of Flanagan referee to Nc
Hugh N. Camp, auctioneer, disposed OF the an
nexed property IA referee sae) VIZ =
the south side of Ninety eighth street. $50
feet east Of Ninth avenue, 5xlO0S feet to L.
Street o feet west Of LcNinaon aaenre
l6exloO5, 10 thomas Kennedy for sl9OU besides si27O
Al house and let north de Of Fiy-eghth street 40
keaned ses sfs' FOR nl e
nop 1ps iSy % e
B. I'll ers, for $4,000.
Jere Johnson, Jr held an important sale OF
leasehoid property opposite the new Manhattan
Market, at the foot OF West Thirty-fourth street.
Sixteen lots 2oxlOo, commencing from point 100
feet east ofTwelth avenue to within about $40 west Of
sergeant psrc'hnSSssa u. 'nS lot No aaxloo for :so;
Nos and ed BY John wardwe for 81 900
sas sS os ss eash y w
sGr sasn n No Nos 10 nSn sna loS Il % John Smith, for
These prices were realized as premium on the
ground rent, which Is as follows:-
1s s ysass % three at rental S.
only 1914 H. with covenants Of renewal twenty one
year., additional, at per cent valuation
south siae 5is
275 feet west Second avenue, for $2s00.
BROOKLYN PROPERTY AT AUCTION.
One of the most important sales Of the day was
had yesterday, at the Commercial Exchange
ROOMS in Brooklyn, at which an immense con-
course of people, from this city as well as Brook
most repletion. The object OF this assembly was
the advertised partition sale. by order Of the su,
,s q M o. he
thus disposed OF belonged to the well known estate
OF the late Lefert Lefrerts and was sold by j. Cole
The prices realized were fabulOusly nigh; the bid
ders seemed to be carried away with the excite
rounding property would bring at private ate sale.
The following Is portion OF the lots sold with the
names Of the purchasers and amount paid-
lot corner Marcy and Putnam avs, 2sxloo os:,
av, each 2sx1oo osgood Dorcher 900
4lolss. g.. Putnam av, 100 IT. c. Of Marcy av., each
20 lots ADJOINING same Size j Henderson 1886
Msioo j. Hende rson. $40
4lots adjoining each 22xl0O, L. Borrows.. .... 1850
@xio. W. j. corrlgan. I42S
each aaxico, J. Henderson. 1890
j. fyburn ii5o
st., each aaxioo, L. Borrows sIeo
lots ad Joining, size, W. H. Vanderbilt. 1880
lot adjoining size, Alexander Ray. y........ 710
16 lots adjoining, same size, H A. Weed. 1,6OO
oBrsn . isso
ne mey. . 1o2o
lots adjoining, each 22xl00 j. II. Townsend 2220
lots adjoining, same size, Robert Dent 202O
J. IT, EShlef @ $500
Tompkins avs, each SsxloO W. II. Lyon is,soo
sys j. b. Ely. L47s