The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-02
REAL ESTATE RECORDS.
Over Two Millions Of Transfers, Conyeyances
and Mortgages Filed Yesterday.
A MIRROR OF THE MARKET.
Decrease in Transactions as Compared
with Former Years.

capes as shown by the record OF the County Regis
ter,s Office presented In tho HERALD or to-day, is
OF moro than usual interest. Tho HERALD, un-
ike It's contemporaries, submits from day to day
. complete Synopsis Of the business transacted IN
tho Registers Office on tho preceding day. The daily
presentation OF this statement showing us does, tho
actual figures at which realty is sold in neigh
borhoods within the county limits, must naturally DO OF
great interest OF the HERALD readers who are
either professionally or by inclination spectators In
real estate Again. there another class who purchase
sto have and to hold" until Stern circumstances
force them to reinquish thcf ownership THIS class
d composed OF those who may be designated honest
buyers-pcoplc who "solid" In business, who
have come to stay, aud who believe cnthusi-
aslcaily In the grand future Of the Empire
Cny-a prophecy in which vast majority
Of citizens rely. There various classes OF per-
Interested the and fall OF real estate. and
necessarily DESTROYS Of knowing the number OF i'm
Ia that species o! property with the prices
brought by It At public and private sale, the encum
brapccs from time to timo imposed upon 1t, aud all
other particulars which In any way conducc
20 q thorough understanding OF Its present and
prospective value. Prominent among these types OF
land watchers tho men who merely buy to sell
again OF hand, AFTER hurried Gothamto fashion OF
dong business. which enables to wash his hands
OF fortune almost readily as OF days Broadway
tsometimes nj ieas scarcely less speedy operation
than the donnng Of his millionnareshp. Again,
there the slow and sure investors who yet do not
expect 10 remain permanent propretors but are not
10 be forced or scared into premature gale by any
depression Of tho market. They buy with money alb
toluteiy their own, and they hold out resoutely
until tho ..good time coming" which inevitably
does come sooner or later when sale means
a sure, though IL may DO a moderate, profit There
are also many purchasers ana intending purchasers
many more, indeed, than common opinion surmises,
who actually buy houses IN the city, as farms arc
ha. An ena WI I'm in linn nf ms
Inanentiy occupying and using them, ami with little or
thou gam. stll more numerous class includes
all who do not wish to actually part with their
lots and houses but looking about in these hard
times Tor any means oil raising cash to meet tho
requirements Of business or the needs o. their
though an unpleasant cxpedient, IS often
the readiest and most cifectua. and every wouldbc
mortcagor Is interested IN knowing the state OF the
market with regard such transactions On the other
sie OF the fence there equally numerous eyes Of
observation. For every buyer there is OF necessity
seller, Tor every mortgagor mortgage, for every
lessor u lessee, and those from whom the money
passes arc not less to learn the facts OF the
case than those who deliver tho documents Nor does
the OF interest stop hero Indirectly and col.
lateray every branch Of business Is affected by these
TRANSACTIONS, aud IL wou ld not be sranng the truth
that intelligent, certainly moneyed per.
wslhin the county limits can afford TO roman IN
ignorance OF such matters.
The amount OF business the real estate line evi.
denced by the transfers. leases and re-
corded below. VIII be found Unusually small, consd-
defined the ever recurring transforma-
lion land transportation, scene OF the me.rop-
polls; and The transformation appears the
hbcrs OF the Registers Office we'll tho house,
holds OF distracted pdier taatas, while the Transport
tal,on has do with tilics aud lots less
than with vehicles in Ganstl May Day In the Regis
scr's o.Ice produces busy scene as It's dreaded
occurrences does IN the mesropoi's generally.
excited real estate lawyers anu BUSINESS generally Tor
this day above all others the calendar that
owners tenanls execute tho legal papers essential
10 their occupancy as such ia either capacity. II last
May day bc excepted there has not probably been
Quoter let OF May In tho Hail oil Records than was yes
terday within the past twenty years II Is generally
known to real estate lawyers aud operators that tho
term OF the present Register General Patrick II.
Jones, has been an exceptionally poor one pccu-
niariiy considered. From 1850, wacn BIZ Miner
retired from the rcgistership ana was succeeded
by John kcyser who IA his turn gave place to John
Mccool, down through the time when the lamented
..Mcs O'Rielly" tIiencral Charles q Halpine), by
his death, left the ONCE vacant, and his friend
General Jones, the present incumbent, kindly ud-
ministered u Tor the benefit OF the soldier
term OF '.Sogcri' sigcl, who fought INIT the Var
mansn there has not been poor stake" ito use u
printers phrase that which has fallen To the LOT VI
General Jones' The present Register. Even this year
the wonted STIR and bubbub produce some portion OF
their Usual effect, but the prevailing and widespread
depression in business has, US Will readily be sc.n
greatly dim nsbed the May Day ices OF the Registers
Office To merchants IN almost any branch OF com.
marce tho subjoined list viii prove OF intcrest-ior
real estate s exceptionally good barometer, par
hcuarly In New York ana vicinity, to indicate clear
Or CLOUDY sky IN business circles Tor gold itself 10
scarcely more sensitive that really.
In the list Of transfers and mortgages published to-
day many unusual transactions might be found
Among them may be mentioned the following
Grumercy Park, the headquarters oil wealth, state
craft and aristocracy Is owned by tue property
grounds, has, as WIN be Sect, under
gone change OF ras.eeshin The docu-
meut Legally declaring aud communicating this
ers, among whom may be mentioned ex-GovcrDor
Samuel j. riden Congressman Carkson \. Potter,
Mrs. Julia a. Harper, four members OF the
famous Field iamiy-cyrus W., Mary =,
Dudley. Laura B., together win other well
known New aork names a yrl oaD shs
mortgage OF $4,000 TO one Of It's members, Sachom
Augustus schc and Richard NJ Henry, as referee,
CONVEYS TO the Manhattan Club tho property occu.
pies Tor S25 O00the consideration expressed IN tho
instrument W. II. Leonard, referee,
i.enox which was once known ana Is stilI known in
the Registers Office as the Lenox iarm--or what re
mains Of IL. The consideration expressed IS 100
lhs properly sold Two weeks ago at auction, aud
the prices received, It Is understood, did not
realize the amount OF the mortgages This
property and ITS career Is well known TO real estate
operators and 1t tho most desirable realty offered
al public sale for number OF years. The amount of
money Expressed in conveyanccs nlcd yesterday Is
Sgs 53 and properly the probable value OF nearly
$500 900, was conveyed without an expressed consid
Grafton. over s70o.o0O was RAISED by the mortgages
flied Yesterday. Among them was quite number
nj the ratio OF six per cent interest. and few nj
low n rate MS five per cent The amount OF FIRST year
,avmcuts ON leases amounted to nearly $50 0U0 but u
should be borne IN mind that scarcely one out OF n
hundred of the leases taxing effect yesterday was hcd
IN the Registers Office, the law requiring thai three
year leases ana those Tor longer term Only shall be
recorded.
The following sales were made AZ the Real Estate
Exchange yesterday
r. v.
gunreme Court foreclosure sale-S u. Hard. ref
eree-or house, with lot lsx7O, on Houston IT..
II. Q. OF Clinton ST.. to David kauOer.
Cannon Pleas foreclosure sale -Jobn Il. Ward.
referee-of house. with lot 2Gxgl H.. in West
IL, iass ns st ~ - = $500
NY LEspirAssE AND FRIEDMAN.
e,,yemc Cont foreclosure sale D. utant Sinclair.
refcree--oi the building with lots each 2Oxitn. on
Wssf nsssm pa. psin.in 1850
" ny v A. LAWRENCE AND co.
Euorcme Cont foreclosure sale--John NJ, Bowers.
reicree-oi the 10, 25xiOD5 on ast 5Sth st.. =,
% H. w. Of adison av., TO Mary Mason Jones 1850
To,. sales for the day .... ....... .S2T $50
TRANSFERS.
s,s..t q 60 H. a. OF nth av. 20x7J3: John
Carroll ana wife to Thomas Malon Slo.OO
18th s. 100 t. " OF 20 ay 2pxeso; hehfy .ooo