, 1879-06-08
REAL ESTATE.

Loans, and Building Permtts-Ihe Tlda1
wave Approaching from New fork--Mfs-
cellaueous.
There were fewer sales Of real estate last
geek to report than usual OF late. Iran1ers OF
1ots for small considerations were numerous,
hut negotiations OF general interest were for
once an unknown quantity. Capitalists are
looking for Investments, and the tone OF tne
market is frmer. A tidal wave Of activity in
real estate has begun its uudulahons in Ne"
York, the financial centre, and soon to be felt
here. The same conditions Of surplus capital,
md scarcity Of Investments that have given
REAL ESTATE / RENEWED DEMAND
IN New York and Boston are In operation In
Chicago, and will be felt here this summer
There has been rise OF real-estatc values this
spring in New York ranging from 10 to 25 per
cent in the uptown district. Boston acknow1-
edges rise OF 10 per cent in the last sixty days.
we take an interesting review Of the New York
market from the New York Times:
While eminent Wan street dn1nciers express
their conviction that II our Government wilt rise
strength and credit the $500, ooo, coo Of five and
cent bond, ehrewd capitalists are selling out, at
handsome profit. recently bought per cent con.
sols, and putting the money in uptown real
estate The great mass OF our people are 100
active enterprsine. and pushing to be permanently
Sstis6ed with i per cent az 4 return for invested
capital Ai9natres conservative eaplalf1ta hnf1d
err and Others are quietly buying choice uptown
properties. as is evidenced BY the daily lensthen
ing Isis OF TeA!-ee%tS 4S:i.,,t :" ~ n;
last MI: William Il. Eanderont and nis
se se1xeen . million and s,eyen hunored tbou:
sitnated between Fifth first street and the par1-
The Vanderbi1s are improving all the flfth ave-
nue. property bought II December last, lnci1aing
the west ride front between fl1ty-hIst ana rd1l -
teeono ~ tnarts- ~ ,monnr eonai to 1he original
nIlcss sna moad' nd no,;nc tofa1 investment OF
9cq e1fs 60 sa 9on nm NJ Vanderbt,s next years
h;ii III, he aore trial to Iim: real- estate taxes
ir this city cannot be sworn of. Those who have
been waiting for the lowest point to improve tneir
property. those who buy lots TO build, those VINO
have been watching to pick up lo1s IN celn a. ,
localities are all On ths m9T e. ~ secent nj rise In
nave purGnasee auu r.,ta To- e-centions.
uptown 1ots A'e* W. ~" .~s1, nv.1,rer.rp
sahE%p p, LII .s3;on re- reonired sas,citv and
courage, which thc maJof1 no4 csn;Toi ~ Tea
Was no general easeiness 9oe VA 9houn The 80 war.
@ esaae a aa NJ e-paymepts the revival in
hnsiness ani the ACCOMPLISHMENT OF rapid transit
boza ITon1ht about rise in choice lots and all
Town Talues, With an attendant rise in wages and
buI.dtng materials. Twelve months ago thls whole
region was dead, md properly InEguEuouL 1ue
baiiding district conia nave neen s = III; ~" hrino
from rs to 3o PEI cent Ess Gd .nsrnstive hnd
in MARKET captas @ ana hnvine 9ret
who woud rot then Pr Ray are ars ao now bot ass
-. s ansy y,".aa ,h.mse1yes for not acting at IN
earjier sfaee.
This movement has begun at New York q few
"eeAs v.o1,xe ruAn At CHICAGO,
EA -,- z:er.-n ~
But It w1ll oe 1elt mere ims @ o.y t +he aiagoted
cono1tlone Is Inas ne'S H. ,rent;ng At Roston.
;as'se:e; ~hexs real eaa estate as: S re7iVng
N me sa.es o. ae 4aat %e1n - Has+;nvs street
Nest 1untesn es.,.. ~ Rohav street s7.5D(l: 4)r
1fs f.et m State street, north OF Peck court.
s., 500: 1Oox1o4 on Forest avenue. south Of
Thirtr-seyeuth street, So, 600; go PARK avenue,
s10,5 800; 10s1 Michigan ayenue, $n}9D' Lots
g ana So aoEthws;t ssat eorae5 81 o. Sqs % is's3a
fn1sqson oa n9s1a a7en1t as G4 fest
e1 Jeerson street no1h Of Dekeyen i; sa 4See; &C.,
251 1eet on Celpeneeto EN- s,less {eet n1 N TwentS1
ionptb aph0n street re 1est Of fort1and avenue $780,
201s0 feet on North Clark street, north OF Kin.
zie street, 1900; 25x12o feet On toItY-nrst OFT
street, vest Of Champlain avenue, 81, 700; 23fx
1So fn.+ m t:rar1nck avenue vest of Went
-rnr+h sranne md E0x750 feet on Wentworth
sss9ss sssd ss1ss s$; 5 q
100 feet, improved, on Bius lsiano avenue; east
ei ean syenae aoath s Il
a41oo @ e' icet On Superior street, east OF North
n;e;ei,n etroe, im1roved. S4.150: looks feet
-. w. Tms.1ffh straet vest If Canal stree.
~ rno m1st EntI tot ~, mo11noto, ro,d- S. OO0
4a.oUs 9o1iH 1Ses W ~ Iu'..: as. -erthrae+
n01l5o 1eet On dyoe Falk atSuu3 " en1 1o1 "s-3
corner OF Chestnut street. ]@1ooV, ~ ~ cAa1A
street, s, 900; Cos Michigan avenue, 21,2u.
T. B. Bogd sold for Mrs. Mary Nolcott TO
George Ecton framed dwelling, and lot 25x125,
~ Proiria avenn7 netEeen ThirtY-se and
Th;r4r +h;rd s+rea+s for s. n50 cast: for z, 4.
tnuts-Luno ~ .nnio III Wvmon M 53 Sonth
cntanAn " Mls' a - oon ~ a.sh a.0' awe
carpenter 6trcet, LUZ e7sooo e"9h'
SATURDAYS TRANSFERS.
The fo11ovfnp fpstrumenrs we're filed for
,.aar5 anG satnraaS' souuS, Jnne @ :: 7' Wv N'0>~
Teto4o o11"A003'
CITY PRoFKRTF.
4erairie ~, 1se # n OF Thirty-tht5a st,
L. and L. Wolcott 70 George H. Ecton)-$ 1000
sate st. 346 u OF Polk st, e +, 50I115 IT,
; dated Nov. z, 1867 {John s. Newman
to Henry O. McDald) ..... .....-.. -. g, 500
klIs AZ, q Thirty seventh St, VI; 4os
william Blair} .-.......-. ....... ], 200
Thirty third St. 240 # n OF Jones st. n I,
24I125H It, dated June 2 II. NJ Mar
tin to J. ". Costello) ....... .... ..... S2o
Robey st, near Twenty sixth st. e I. 1O0
R43 II, to canal, dated June {Charlea
4. Spring, Trustee, to William R. Sell
lecll -. l. 65o
Gotsa9e GroVe oV+ s5-575 u 4 ol 1"enay,
ninth st. +, - 8-1oxl1o Il, dated
June paWtucket INSTITUTION 10 Y. +.
Brtschl -...-.- .......-.-..,-..--. 1%2o
Arnold st, 100 It qf Twenty 21nth Ct Q
I. 251l2o r. dated june 6 (G. G. Chill
tn ~