The New York herald., 1878-11-15
MARBLE MA
REAL ESTATE.

Some few years ago. in series of articles under Il
title Of 'The Noiseless Panic in Real Estate the cor
diton of the market for half century was reviewed
and the opinion expressed that real estate would no
from the effect OF bonanza lot speculation
for some time. For three four years capitalist
have held off, and permitted the great life insuranc
companies and savings banks which have advance
money on bond and mortgage to capture all tn
choice pieces offered undex foreclosure proceeding
in which they are plaAtifs. few capitalist +
during the past year have ventured on thS
Exchange and competed with these greaI
corporation plaintiffs" but rarely have the4
been enabled to invest their money in competition
with them For several weeks it is worthy Of note|
heavy capitalists have appeared daily on the Ex|
change and entered into competition with the pain|
s in action for the possession OF portions Of
the island of Manhattan. In some cases these geal
temcn have been successful and the records o1
transfers made in the Registers Office daily reported
in the HERALD, show that there is disposition on
the part OF holders of surplus capital TO invest Id
real estate Mt present prices.
Yesterday was field day on the Exchange. Many
very choice parcels had been advertised and when the
twelve O'Clock gong sounded there was present 1
larger attendance OF capitalists and specula1
tors than has attended on any one day
within period Of three years. Among them
Fire Commissioners King. Amos Emo and representa-
tves of many heavy estates and wealthy firms The
bidding was very spirited and large proportion Of
the sales made to outside buyers who contested tho
sales by 81 O0o 800, $50 and $25 BIDS Nathan Ely
was the heaviest outside bidder for the property
offered by Ludlow Co., situated on West Eightyfrst
street which was finally sold to the plaintiff Yes.
terdays sales show that there ts revival in the real
estate market and that there is surplus capital in
abundance awaiting Investment in real estate at pres-
ent "hard PAN prices.
The details of yesterday sales are as follows:-
sas q %, ss;ns
s w 1t zs @ B Murray sssns from.
Church st.; the ios, 2,5x5o, centre q said lot,
the 'i similar bading with aSxloo, "a al Mur
Aso s sale ees q ten each sS oso ad
whole ,i, front between % llsh and ~ 1,ah M
and other outside buyers. 1880
Public auction sale Of the four two story brick build
iags with po. 2, land soxsix4a I. Mos. Nos
Asa sale of the following improved city
ssilans ssi With s's 'Is
Also one three story and : ioar story building With
sas. Of 0 % @ u as n S saa ta % 1a 18Th IT, "a
lease has twenty years to run ground rent 81 o
Also !" .is q faar ssoTS brick dwelling house
sSsoss av 3 \ k' - Hai' l5ss a.. al7s r.
Also force cIosure sale-A. H. Joline. refcree--of two
Of stS h"a a~., to plsin,iiT 2ssoo
Foreclosure sale-Alcxandc der Than, refcree-of the
five story brick dwelling. with lease Of lot 23.7x
100, No 105 Henry ST.. n s., 1886 IT, 8. Of Clinton
sen. M sso psr snnum % to plsns $500
HOWARD W. COATES.
Foreclosure salc--Benjamn +. Romane Jr. ref
eree-of building with lot 25x1tk3.3, on West 14th
Vincent 6 King o 49, 300
LUDLOW
Foreclosure sale--E Is. Shnfcr. referee-of three
lots each 25x2o44 on West Slst St n. s.. running
tioasA tiH " -. 80 Observation-Disclosures. 124oo
Total. ................s .s24e 025