The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-11-18

iuhu ih'ituS'Ss On lnc WtSt Rlue oil tllc ave-
nue. bctwccn Twenty sixth and Twcnty-sevcnth
streets there remain only two houses unappro-
priated to business purposes and Of ono VI these
tho basement IL already occupied as a real estate
Office.
On tho southwest corner of Twenty
street n very fine store flush with the ground
Is slowly approaching completion. This house
originally built by the late Mr. John Mortimer
and occupied by him M to the period of his
death some few years ago. was sold by his OK
ecutors to Mr.. Robert. tho present owner for
$4,000. Mr.. Robert IL making the improve
ments on HIS own account and. TO do him JUS
ticc. we must say that he or his contractors have
taken plenty OF time about 1t. The store and the
apartments overhead. intended as we under
stand. for bachelors apartments will be every
way irst-class. Had the work been vigorously
pushed and properly superintendent It would
have been finished. and well finished. ere this
AS II Ia. we doubt " ii gets I'm the market by
February. II We estimate the cost Of the i'm
provements nj t2O.OOO-they probably cost more
Mr.. Roberts property will stand him in
sli0.O00. to say nothing Of over n years loss of
interest He must get hard on tli 900 per annum
gross from the building to pay taxes Insurance.
Nc, and receive seven per cent. on his invest
ment. We think he will get more. II we may
Judge from the rents received from tho apart
corner below.
There IL Mt present no Fifth avenue prop
cry pressing for sale between Sixteenth and
Thity-fo streots. Among the most recent
sales. we notice that ~ the Coles mansion. on
the northwest corner of Thirty-second street
bought ny Mr.. Belffor $4,000. and that " tho
Carey House. on the northeast corner OF Twcn-
ty-ninth street sold for like sum to Mr.
Francis G. Lawroncc. Mr.. Bell has long rc-
sided on this part ~ the avenue. The house is
now being thoroughly ovcrhaulcd a new stoop
put up. and other improvements made. When
completed il will be occupied blythe owner Mr.
Frank C. Lawrancc. a gentleman Of largo for
juno. dose buyer. and shrowi investor. has
boon looking out for bargains in Fifth avenue
property since the panic ~ 1879. 1t would seem
.-le heiioves real estate On this Noroughiare to
he a good purchase at present prices. He rarc-
ly gocs tar asiray in his Investments \ self
made man. he retired from active business with
million Of dollars before reaching the middle
~ life. His wife nee Garncr-a sister of the
late Mr.. William Garner who WIS drowned In
his yacht. the Mohawk-reoeived "A million
moro on the death of her father. paid over to
her in grecnhaeks and nrst-rlass securities by
tho executors. Mr. Lawran'c is the happy uos-
SCISSOR OF two town houses ono on East Twen-
ty-second street. and the recently purchased
! Fifth avenue mansion. which will Dee his future
home when in this city-to say nothing Of
magnificent country seat nj Islp. on the south
side Of Long Island. whore he kcops open house
curing "' E''u''r pnIt OF inc yeur' FRANK
hn"r"n'''" nature III NeW 10Th So'le'S mas IN
s''ne IVNp'''s many OIL INC a'Wlput's whlrh
INV ''"'''o' "'' ~. ~ QUIZ M'ni9',r "
""' >. ',''''p"' ~, -" "i' '','J' one
~ VIE Erv" ,l-"'S 81 'i' PROFESSION III ms
,'"l'''' ~ '"'s' WHO h'N' pn'tnN'n "' MI
80" I'M rem .H' "'ni.'is VIII '",'iiu"S
49, So" ""'.' ,."t'''''' IN. ''nS7
ct~l regime as connected with the higher
W"'NS o' ms "'. Is Wei WW MI
Iawran' takes ny MS abode on FINN avenue.
whore no properly iclongs. y man II his largo.
/ broad. liberal views and generous impulses
nm, s,,l bf,,.,is ,,.,,,.,. , tt,.t,,. 90 81 100.
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