The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-10-03
PETER n. sUErvY.s REaL EsrArE
The Land whercon Mr.. Pike Contemplated
Erecting AN Opera House.


The salc Of property belonging to Peter
b. swecny and Hugh Smith. in accordance Will
the terms Of u compromised effected 10y Mr.
Swceny with the law aud financial officers o
the city. in settlement OF the claims against him
for his part OF the Ring frauds. was begun in
the Real Estate Exchange at noon, yesterday. b,
Bernard Smyth. auctionccr. Ex-senator John
j. Bradley. Mr. Swccny's hrothcr-in-law. stood
behind the auctioncer's desk. Tho attendance
was large. 1t included many wealthy real estate
owners. Tho first parcel offered was the stores
and lots having frontage Of 1O5 feet on the
east side Of Sixth avenue and Broadway and
bounded on the north by Thirty-fourth street
The average depth is 1lS feet. This property
together with the stores and lots forming the
remaining frontage on Broadway. and extend
ing 10l feet to Thrty-third street. was bought
by Swecny on the Both Of January 1862 for
100000. The late S. n. Pike was negotiating:
for 1t at the time. with the intention of erecting.
an opera house. Swcenys object was n take
advantage of the widening Of Broadway. which
the Ring had decrccd. Henry Smith was the
broker. About tho same time Tweed bought
for about $780, 900 the frontage OF the block on
the east side Of Broadway. between Twenty first
and Twenty-second streets which was after
ward sold for little over 100000. Some time
after Swccny had made his purchase he dis
posed Of half interest TO Hugh Smith. Tho
Mutual Life Insurance Company holds n mort
gage for s2SO.OO0 on the entire frontage be-
tween Thirty-third and Thirtyfourth streets
The company apportioncd this amount. placing
HioOU on each parcel. The sale OF each was
subject 20 this mortgage.
The opening bid was ATS 900. This offer was
s5,ooO Tax Commssioner John n. Haywood
BID 100000; Then il was raised to s2700oo
Was s' Your 3D. the Su S2w s1 sad
mean you. tho tall man with the band ON his
The tall man with the band on his hat looked
astomshed. and said he had made no bid ut all.
Well you looked as II you did" the auction
y" Then Mr. Haywood, we'll have to fall back
,",oh, no" Mr.. Haywood responded. e will
Then the auctioncer rang tho changes vigor-
ously on s26O.OO0 for long time. but he could
not get another Offer, and Mr.. Haywood got the
The other parcel was started at $4,000. and
knocked down NJ S2G0.on
took that bid from YOU. Mr.. Haywood" the
auctonecr said with firmn"ss.
NO" Mr.. Haywood replied. II didn't bid
The intermediate bidders all backed out. and
SO the property was started again at 1925. 600.
II was finally runup byslOw Il 900 bids 10 $751;
900, and knocked down 10 John Murphy Of the
firm Of Murphy Il Nesbitt dealers in building
materials at the foot OF East Thirty-seventh
street
The four-story brown stone house Mt 50 Thir-
ty-third street. 25N0O feet lot 25Ngs feet. was
sold to Mr.. Murphy for SIS. 900. subject to a
mortgage Of $50. 600. II adIoins tho rear OF the
property he had previously bought. The va
cant corner lot on the north side OF Seventy
fourth street. and fronting on the east side ~
Lexington avenue, was sold to John Pync for
81 800. II II lOOx27 feet. Tho three vacant lots
adjoining IL on the north. each 10Ox2j feet,
We're sold to Mr.. Murphy for $4,000 each. He
also bought the vacant lot fronting on Seventy
fourth street. and adjoining the four lots lust
described on the rear. for $4,000
Bernard Reilly not the Sheriff, bought the
4-story brown stone house nj n Enst $ xty-
eighth street for $4,000. 1t is 25xGO feet A
house OF the same kind and OF the same dimcn-
slons. at 81 East SiXty-eighth street was sold 70
Leopold Toplt2 OF 1903 Grand street for s26 $50.
subject TO a mortgage OF LOCO. The 4-story
brown stone house Mt 40 West Thirty-fourth
street. on lot 99x25 feet was bought by John
B. Manning. banker Mt IL Wall street. for s27,-
900. This house Is said to have belonged TO
Swecny individually.
The vacant corner lot on tho north side II
seventy fourth street and fronting on the wost
SIDE OF Lexington avenue, lOjX27. was sold to
Mr.. Murphy for 1880. The three vacant rs
adjoining Ia the north were also bought bj Mr.
Murphy for 81. 1850 each.
No bids were Obtained IN the foll0wing-lo-
scribed property, announced To- be sold. and il
was announced that they would DE disposed ~
at private sale four vacant lots 25NfO2 frot,
each fronting on the north side of seventy
fourth street between Lexington md Fourth
avenues and the four-stOry hroWn-sfonr AO.I-c
GON25 feet H. East SiNty-eighth street Ths
las -mentoned property 10 oncumbcrel Wiz. a
mortgage OF $4,000.