The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-06
REAL ESTATE MATTERS.

HEAL ESTATE MATTHIAS.
High Prices for Property at Inwood--
Important Sales Yosterday-The Conn
missioners OF Estimate and Assess
ments for the Northern Boulevard Com
Guiding Their Labors. rur
At the Exchange yesterday there was gather
ing OF the wealthiest In the city, drawn thither
by the announcement that the Thompson estate
would be disposed Of by order or the Supreme
Court on partition sale The stand Of Colonel
James M. Miller the auctioneer in charge, was CON-
pletely surrounded, and II was early demonstrated
that the sale would not only become important,
but must realize the very highest prices
THE FIRST PARCEL OFFERED
was a lot located on the corner OF Hudson avenue
and what il to be street, 25xlo0 feet, bought by
George F. Gantz for the high figures of 81, 100.
Three lots adjoining on Hudson avenue, each
25xloo feet, were likewise purchased by Mr.. Jones
for $780, or $1,000 for 100 square feet. For prop
erty located at Inwood this price was the largest
ever paid for lots In this vicinity. Next the brick
stable LAT West Twenty ninth street. 1851 feet east
OF Seventh avenue, 10 1Ox97 2x24x9s.9, offered
and knocked down to Frederick M. Jones for
slS, soc, all It was WORTH The leading feature Of
lnwo0d, besides 1871 900 acres ofground, stables
carriage houses, &c. This property was started
the bids up to $4,000, when
A CONSULTATION TOOK PLACE
between Mr. Nathaniel Jarvis, Jr, the referee, and
the executors, which resulted In postponing the
sale OF the mansion to the I'd day OF April.
There were several reasons why this fine estate
could not be sold yesterday. The terms, which
stated to be half cash, could not be complied
with, as every real estate operator Is by no means
il FORMULATING NATIONAL BANK,
and able to pay at sight forty or fifty Thousand dol
lars. Next, had the four and nearly three quarter
acres been divided up into smaller plots ready pur-
the entire lots and high prices realized. Mr..
Jarvis win probably benefit by the experience, and
receive permission from the Supreme Court to have
this estate resurveyed and laid ofrin lots.
The other sales held consisted Of the following =
JERE JOHNSON, JR.
blk. h. and l., I'D st., I75 IT. W. of Sd av., lot
and l. sss ID av, ii IT. Of Slst st. lot ~
* and S.ansa iios 1T from varick 49,
ST., lot lS9xSLG; j. A. Butler. 960
| o. - BY MuLLEn WILKINS AND CO.
od and r had sss e o 94sSa IL
IsSy s5rss HsS
Fl ssS0 s1saad ssn sss 6 p:I eass empires
Manhattan st, 9ai ". Of 10th av sl1ioi; ~. :"
y ays s,;S :. aN1 Is =, s,n
ssss Peter e e. stn .'1 IT. w. OF sn
H. and l. No. Ess5 ssi n St, w. bet Canal
and Bsys ard s,s 81 SsTsl; ny sshSr ss
I9xIOo NY Rauch :.............. s5
g. ok n ana l., SIy Seth st, H. s., bet LIST and I'd 90
h. and 10Th st. s. S. i25 IT W. Of ist 49,
2lots Of 6sth St. 100 feet W. of 18th av., each 25x
HSpss ana l Ia, 81 " 7SaM
HaSor ground rent 500 per ra Hens
rietta 7. Talimadge, plaintiff 0.0O1
At private sale, v. K stevenson, Jr., reports the
house, No. i63 West Twenty-third street. 2sx75xll2
feet, for $4,000, which Is considered very good
THE COMMISSIONERS OF ESTIMATE AND ASSESSMENTS
appointed by the supreme Court to acquire for the
public the lands included in the Boulevard extern
sion, from 155th street to IT'S junction with Kings
bridge road at Inwood have concluded their labors
and the Corporation Counsel is now preparing the
necessary papers to enable their report TO be filed
in the office OF the Commissioner Of Public Works
This commission Was appointed in October last
animation OF the line OF the proposed provement
have made and apportloned the awards for the.e x.
tensive area of land NEARLY three miles in length
ana containing about six hundred and twenty city
T0ts) taken by It's opening The line Of the Boule
ward extension, as is well known, runs through
THE FINEST LOCATED PROPERTY IN CARMANsvILLY
AND WASHINGTON HEIGHTS
embracing among 1 Others Lands Of Messrs George
lumba College, the Deaf and Dumb Asylum Insti
tuition for the Blind, Isaac p. Martin, john A.
| Haven, Charles M. Connolly, James Gordon Ben
nett, William H. Hays and Abraham Van Nest. The
awards have been determined by very fair
| EoUABLn VALUATION FOR THE LAND
acquired while the area over which the assessmen
has been distributed ie, unlike most proceedings 0
this nature, restricted to the district immediately
| benefited by the Improvement. In this case the
area OF assessment extends.on both sides OF thu
| Boulevard, from 155th street, Inw0od street and
from the Hudson River on the west to a line drawn
| about halfway between the Drive and Kingsbridge
\ road as its easterly boundary.
| EFFICIENCY OF THE COMMISSION.
| It is unnecessary to add that the promptitude
| with which Messrs. Traphagen, McCave and sea.
| yer have performed their difficult and arduous Ia
bors is unequalled by any other commission in sim
liar nrOcQadinOe. III their in
the future it will inaugurate new era In city i'm
provements, when property owners in the upper
part OF the island may expect to the grand sys
tenn OF streets and b0ulevards, which are 80 greatly
needed to develop that important section, and
which have existed SO long on paper only rapidly
| become fixed and practical facts.