The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-18
RENTS ~ BROOkLTN.
Houses offered at Lower Prices. and Tenants
Masters OF the situation.

The real estate market in Brooklyn, which
is about the only market ut all characteristic of
that city. is attracting unusual attention at this
time first. because the renting season Is at
hand and next. because OF the impression that
there was never a better time to buy real estate.
The reduction in rents last year was a conccs-
sion IL tenants which landlords thought was
oaly temporary. but az the tenants this YEAR are
asking for further rcdu 'ticn. many house own
crs have found that the income OF their proper
ty is such "a poor percentage on their original
investment that they have put their property in
the market for sale. If the owners are pinched
they will take of several hundred dollars from
tho cost price Of their houses. and thcn dwell
upon the great sacrifice tney arc compelled 10
make. and the great bargain they are Offering.
and in this way tho market is 'ull of nominal
Lar.,nln- Measured hy the standnrt oi to-
days values there ar" few positive hHrsains,
heDitus tho market has reached nara pan. ana
the actual vaiur "l car lirrr vi ii,l,aln H. NJ
cost Of production, with TAR Nanaton plH''d
upon tle !ot II Is qnlyq lor"rlosf', i,na m
tight place an must have money, that % pur.
chaSer can get bargain. MS the values are Ut
Thn rents throughout the city are lower than
over before. except ~ IN" past year, whrn ihrrn
was much cuii.ns. Ihgr- Is a srr"t o. inanI
lrown-sione houses. and thr rental for these rs
uuchansn 4. rln@lnS from slDO 20 spuu III t'n
| ns 5000 in the parts Of the city TINT are not over
thrce-quart.rs of an hours roe from u" Ter
rles. As Il Is not uninshlonaln' u, ''"h, lhH .
| there Will he much shifting from iii"-rl"ry 'u
! two-story houses. wh"re nl the rpnm pNii lnr
may Ice used. rh"rrare large nunn,r' nl lai-c
| IroWu-ston, houses which have stood empty Tor
| "A vnnr ana which the mniloris are udorrlng
| with cheap improvements this year, hoping io
| grt trnuilis such houses can hc rent d ai a
| drned with the tasS of furnishing Them.
There Is growing preference lnr narrow
| houses which do not dpmNud 50 nu,h luIhl-
! ture and carpets, and hence IN the lasi N'Nr
lew of the new houses that huvehern erected arc
| over eighteen or twenty i"rt via, ana many
| hundreds are only sixteen feet Wid". l}y the
| economical arrangement Of the interiors. nuiid-
| rrs can get almost rs good price, hhu Milh
,, ,nn, pti. W ,' ft vida ns fnr one mraslir.
| ing from cightrri To twenty feet, ANA IN "a row
| Of huildinga they can make @ II AN extra lot ana
an extra house. The width OF a house as 70 Two
or two and nall t'ct II not taken ~ Ihu'h lh'u
consideration rs the interior ignlut"s
Tho rents ior houses ON the heiEhls are rom
$500 10 Sl,2OO, and Tor houses ~ we hnsl liSll-
| innahe parts of the Hlll ana soutn hrooklyn
! they are about IN" same, hut ON ihr horl'rs ol
! each uf these distri is thor" ar" hoises in suit
/ nil PURSES, and NJ the prices NJ winch they ar,
| offered Hra the asking prices good customers
10y a. l'u!e 'Nnihinn "l ind'prh1rnt = rAn
| rrs vino found their trade cnnrNated by lht
| hard times have been TAX ing advantage ol the
low prices OF material ana labor 70 employ tnell
ski in the past season. good pan. whlch
| however does not meet with favor among own
ers. is to serure leuse Tor two or three years q
the current prices, Tor the real esiht, mhrNet II
In critical condition, out of which It is ial
more likely to become huOyhnl thhn drnreS Sed
and while he rents will not climb up MS fast n,
INV hnye inicn. thry wlll douDtlrs, bc,,in
steady march award rs soon H. owners icel :
little more confidence.
\ careful study of the market Will show tina
it is cheaper TO buy now than II Is to rent
Maltby's Norfolk oysters. fresh every day
This e'iabshlneut does not advertise in the Nss f0r