The New York herald., 1876-03-19

boulevards being benefit 10 the city large it
deemed but fair that the property owners along the
line thereof should be partially reimbursed for the loss
OF the land acquired. bill has passed the Senate and
is pending In the Assembly repeating this law and
these Improvements above 155th street He believed
that the market had touched a point whore holders
could make no further concessions 10 the demands
OF capitalists Below the Park he reports
SCARCITY OF HOUSES
OF the better class owing 10 the fact that but few new
structures are gong up Ihs nrm Is disposed 10 look
forward hopefully for revival OF business with the
opening of spring. and express the belief that there
viii be less speculation on fancy price basis, ana
return TO more cautious policy
gentleman connected with the house OF Homer
Morgan, in Pine street. made the gratifying state
ment that the market is an improvement
upon the period Of disrust ana nolseless panic
cred from the shrinkage upon the fancy prices OF
1872 there is stronger disposition on the part OF
capitalists who seek profitable investment for their
surpluses to venture into real estate Yet they
very cautious and rarely consummate purchase until
convinced that it is safe venture There is, he
ports, improved demand for gentcel residences in
choice neghborhoods ut the reduced rulings of last
year, that still prevail. In houses have
been sold at an advance upon last years. rates but
these and more directly traced to de-
sire on the part OF the purchaser TO locate in partcu
lar locality
A PECULIAR FEATURE oP THE MARKET,
he reports, Is that It IS almost impossible TO find an
owner Of large buildings located in the neigh
borhood OF the Post ONCE and County Court House
that be utilized for offices disposed to sell ut any
price All this property, with the sing 10 exception OF
building on Broadway, just above Park place, Is held
by the owners who refuse tempting oilers far above
the panic prices Of last year.
Mr. Miller of A. j. Bleecker & Co.. reports the mar
ket strengthening on improved property. Within the
last month there has been considerable competition
among cap ass for choice parcels the basis OF the
shrinkage of last year. While the admitted shrnkage
OF last year 33 l-3 per cent some sales have been
recently made at reduction OF but 70 per cent on the
ruling rates oflS72 The Ihorne estate consisting of
South, Pearl, Front and Water streets,
sold in March, 1874 and the samc property brought
few weeks ago but 20 per cent less The same, Mr..
Miller reports is true Of houses located the avenues
RECOVERY OF ABOUT YIvE PER CENT
is perceptble While this shows that there exists
disposition TO purchase, he reports but few transac
tions, except under foreclosure where the holders
financially embarrassed There is but little move
ment noticeable in unlmproved parcels; IN fact you
may say there sales except such pieces as are
bought IN by the mortgages This gentleman spoke of
the concentration business about City Hall and
the Post Onice, which seems destined to be the
GREAT PROFESSIONS
and tenants OF Offices and attributed II to the fact that
there had recently been erected buildings OF the
most approved style Of hrcproot construction, tha
veniences at is fact" said he, that in conse-
quence OF these buildings being provided the best
tenants in the great structures on William, Nassau
ana other streets moving into them and desertng
their old quarters. They congregate about The Post
ONCE and the park and the result is that the William
nearly empty and depreciat-
ing rapidly in value This is also true OF lower Nassau
street. where IT is almost impossible to rent Offices at
price, and OF other streets below the Post Office
Other operators the street give expression to
similar views. Mr. Hoyt, of Park place, who deals
principally in suburban property candidy admits that
fancy prices have prevailed in the past TO
tent and that while there have been satisfactory
transfers of parcels buyers and sellers remain long
way apart. He believes there is a
FEELlNG AS TO PERMANENT VALUES,
there being more inquiries Tor eligible country seats
the line OF the Hudson, and general belief among
buyers and sellers that prices last fall found their level
Yet of the Hudson River holders who unencuin
bercd refuse TO concede reduction OF more than ten
twelve per cent and will only sell when compelled
to do the best terms offered He comedies that
suburban property has gone oil twenty-five per cent
the values of 1872 and reports that there many
prospective sales booked For property, improved
unimproved. in the annexed wards there is little
demand and few transactions owners carrying their
parcels at too high figure in expectation OF carly
rapid transit communication and prospective
coyery IN consequence.
REAL ESTATE SALES AND TRANSFERS.
At the Exchange salesroom, yesterday the following
foreclosure sales took place.
By NJ. Seaman, the building with lot % 7x65. O,
No. 19l East Broadway, southeast of Jefferson
street. for So Oo0 mortgage of $40 0OO with in
terest, making total of s17672, to Samuel Rosen-
beck.
By Thomas Nicholas, one lot, 25xlOo.4, with i'm
provements East Sixty nnh street. north SIDE 225
feet east of Second avenue, for $40 0C0 to Jam es
Crombe, the plaintiff.
BY A. H. Muller Son, house, with lot 21x1oo 10,
east 18th street, north sde 200 feet of Sec
ond avenue, ior $6,275. TO T. II Weeks, the plaintiff
TRANFKRs.
Lucy D. Fisk dnd. and exl to Peter Il Watson. Nom.
oath ST. s., 275 IT, W. of sth av., 25yess, same to
25d s $, no sslJ s25 IT. W Of st6 av 10 4i61x
I244, % Hugh H. Jewett Nom.
oath S. {: $: 800 IL W. OF sih av 25xsss deasc
hod) Jay Gould to Peter H. .,......... 1900
oath ST., S, 25s8 r. W. Of sth av., 6.6x55. to
oath st. iiG IL W. fs;h iv, ax5i same to o
9th st. Is r. w. Of st6 av iox55 same to same 5000
23d ST., n s., $50 #. W. OF sth av, 25xoS, same
10000
18th q s s. aoi H. Of sih av aix55, same to
2sd st ss lisa IT, W Of siG av ioxG5 same o
2sd ST. n s., ioa3 it. '. Of st6 av 2oioxes same
asd st. ~ s. ISL n Of stn av, 2s ox5s same to 49,
2sd St. n s. H. W s,G av.. 2oiox65, o
9th G si $ s. a75 H. W. Of sth av a5xas same to 49,
24th st. s s, sij r. e. Of 9th av, 25xoss, same to
2sd st. n s. H. e Of 9Th av Ssxiia4x irregu-
24sG st. s. rs IT, W Of sih av 25xoss same to
oath ST. $, $50 n W. Of sii av, a5xaa same 10
24ia st. s. loo r. W Of si av, a5xsss same to
2sd st., n $. 22o H. W. Of sih av sox6s same to
same -, 1900
sts Peter Radley Ignatus Radley Nom.
Ds9@sp & g. ., 2IS : Of Boston road .Sr 25
y voessins . 1900
cad ward same same. eeoo
1855 esd ward, to William q Huntington. l4e2
22d st. s., 269.6 w. OF 9th ay., 2lxSS 8. Alexander
Miller to Ernest e. stedman. Nom.
22d ST. n. s., same property, Ernest G. Stedman to
Miller Nom.
I'd cor. 2Yth ST., 262xlOO; also I'd av.. s.,
1853 r. e. Of 29th ST.. % 9xSO James q. Burchell
and wife to Mary j. Burchell 81 900
Maria Campbell. 5000
Gouveneur ST.. s. s. $50 f. G. of CourtlRndt av.. 5Ox
lis 5 esd ward, Henry I. Wing referee, to Will
Gouseneur ST. $ S. 600 IT. e. Of Coartanit av
25xls5 esd ward, to Enoch j. Voessng.... 625
regular esd ward same -. 1850
Nestchester av samepr0perty also Gouveneur
s. OOO II. Of Courtlandt 25x $50 esd ward,
Enoch J. Voessing and wife, to William II. Hunt
loo
Boston road n. W. cor. Of Denman st., 2s1'4xilOll,
aSxIiss tssd ward. same to same $500
Farrell Ire6. to william Waters 24ioo
Jane 81. (No. 24), >. q, between Greenwich and