The New York herald., 1873-06-10
REAL ESTATE AFFAIRS.

Sales ON 'Change-Final Disposal Of
Property Postponed Twenty Times
Valuable Tenth Avenue Lots Under tho
Hammcr-IMpOrtAnt Suburban Sales
AT Marion, N. j., and Whitcstone, Long
Isla nd--Rcalty ON the Line OF the New
Northern boulevard.
For Monday, the business at the Real Estate
Exchange yesterday was rather active, a very fair
assemDage having congregated there. One piece
OF property offered and sold was five story free-
stone building, No. 1e9 Church street. lot 2l.2x75,
by Il. Fl. Ludlow g. Co., and sold to A. c. Milan for
$4,000. To this property considerable OF history
Is attached. About two months ago. Colonel
James NJ Milne sold the same, under o foreclosure
on FIRST mortgage for $4,000, after postpOning
the sale no less than seventeen different times.
Yesterday Messrs. Ludlow & Co., disposed Of it
under the foreclosure OF second mortgage for the
above mentioned sum, having been postponed from
MAY to May &c ana from date to the 80 inst,
when it was finally Knocked down AZ stated.
The other sale was held by Mr.. James M. Miller.
aud consisted OF three story brick house on the
northeas, corner OF Allen and Delaney streest lot
25x73.6, TO j. Wathcr for $19,500.
Private sales are being made In the street quite
actively, but have not been reported yet.
VERY IMPORTANT SALE
OF realty will be held at the Exchange, by A. J.
Eleeckei Son a Co., consisting OF ten lots, situated
on the southeast corner OF Tenth avenue and sixty
second street five lots each. 20xl00 the avenue
and five OF similar dimensions on the street. The
property is sold by order OF the Supreme Court
under the direction OF Luke A Lockwood, Referee
Sixty-second street being regulated, curbed. gut.
nS sosS q the the and
will. no doubt realize very good prices.
The great excitement OF the day is centred IN the
impending suburban sales to be held on Thursday,
the 18th inst Several thousand maps OF the prop
erty at Marion n J.. 70 be sold on that day BY Jere
for thus demons rating that there will be q lively
activity Ia this particular real estate This sale Is
Imperative, being partition OF the Marion Build
ing Company, comprising
THE ST. JAMES HOTEL
OF 125 rooms, fully furnished; itwenty-six neat
cottages and seventy-tve docks and water
fronts on the Hackensack River, adjoining the
PENNSYLVANIA Railroad works. Besides this 927
u Marion e IS embraced in the Fftk Adermanic dis
trct OF Jersey City, and is within eight minutes
ride BY railroad from Montgomery street ferry: AT
the depot is located the attractive building OF the
United States Watch Company.
The next important sale OF the week will be held
on the same date as the one just mentioned at the
New York Real Estate Exchange, by Messrs. Muller,
wilkins Co., consisting OF $50 lots, belonging to
and by order Of the milestone @ Land Assocaton,
penheuscn, Henry Hurd John ID. Locke. Adolpho
poppenheusen and :, T. & 3; hinsdale o. 1ln s,oI and
attorney This property is situated on seventh
and Eighth avenues, Sixth, Seventh, Eighth,
teentn. Fifteenth and Sixteenth streets at White
stone, Long Island This Is the third and last sale,
finishes the PARTITION OF the property, and, as the
lots embraced IN the offering are by far the most
valuable OF the possession, IL is justly cOnjectured
that good prices will be obtained.
The streets. avenues and drives at whitestone
are nicely laid out, and well regulated; the town
is easily accessible to the city, there being nocss
than twenty daily trains from Hunters Point
THE NORTHERN BOULEVARD
Under the sixth section OF chapter SOS Of the
Laws OF 1865 the awards on the Northern Boule-
ward proceedings "become due and payable imme-
diatey upon the confirmation OF the report OF the
Commissioners OF Estimate and Assessment
Thus the parties interested In the property
on the line OF the Northern Boulevard, run
ming from 155th street to Inwood street,
may apply to the Comptroller for their awards,
and II this onicial is not prepared to pay them at
once he should be compelled to issue bonds upon
which to raise the money. The report OF Messrs.
Traphagan, McClave and Seaver In this matter was
confirmed IN supreme Court, Chambers, before
MI. Justice Fancher on the Sd instant, without any
objection having been offered, and the awards and
assessments established by the Commissioners
now are as much law as II an act to this effect had
been passed by the Legislature. The total amount
OF awards for property taken will be about
$9o6 $50 81 while the assessments for the improve
ments are s5l4,937 so, to be paid by the adjoining
property benefited and an equal amount by the
city. Tie costs, including all expenses OF survey
ing, legal clerical &c, are $335S5 "a, which is In
cluded in the above.