New-York tribune., 1879-04-12

| than year ago. Above that and toward Harlem
the increase is still greater Al Har en- property Is
very active. All this ~ principally due to the com
| pletion of rapid transit routes"
Judson &. Wells of the real estate firm of $. +.
iiebberd CO.. in union-sguare' sad; ,hdi Ian5 IL ni
transit has injured property along, ITS
routes. Stores IN SIxth-ave., between Four-
| teenth and Twenty-thlrd-sts., are commanding
good prices. We leased the building at No. 20 East
Fourtccnth-st last week on lease OF hye years ior
81, 900 wear, an advance over 1875. There Is no
falling of in prices III fourteeutl,st. SXth:ave.
store property the west side of the street Is IN
good demand, and owners are holding on Tor SUN
prices. The elevated road has improved business
property. and tins more than compensates
for the loss to residence property. There
has been more activity in building IN
the Nineteenth Ward than in any other part OF The
city. THIS ward s settled large by the best class
OF Hebrews who are investing Their surplus money
IN real estate. On the west side of the ward build
ing is not active ~ on the east side, but III is
only question of time when building VIII DC
brisk over there.
Richard Hennessy il finishing row of four
| story brown stone houses at Madlson-ayc. and
flity-fourln-st, to cost from @loooo To S'Voooo,
according to the interior finish. jenkins Moore
have built some handsome residences on
the south side of Sixty-fftb-st., between Fourth
and MadisOn-ayes. Only u few days ago We sold
building lot, 1896, at Lexngton-ave. and Fifty
siYth-st., for FL 200. Houses are bcipg con-
structed to sell more cheaply than heretofore.
From ten to twenty years ago all houses were butt
on full-siZed lots. Now they are built with front
of 1876 or 1G.s and in such an attractive manner
az to make them desirable, and by putting
three houses on two full lots, they can De
at higher price, built under special contract tor
private persons. Broadway property from Spring To-
lenthsts is little lower than last year, and II VIII
depreclatc still more nnlesS surface road rs Dnllt
Several large firms threaten to leave Broadway un-
less some such facilities are furnished to retain
trade"
FIFTH AVENUE AND lis VICINITY.
+. s. Crank, of X. McCa1erty 4 Co., builders and
real estate agents, at No. $50 Fifth-ave., said
"Therc mas been wonderful Improvement in the
values of Fith-avc. property. DuggIn Il Crossman'
have sold nearly thirty tirstclass brown-stone
dwellings in the neIghborhood of Fifty first
st. within few months. Most ol them them
completed. The houses were finished To order at
a cost of S25 900 to T3j 600 each We are build
three f0ur-story brown-stone dwellings IN tItty-
fth-S east of MadisOn-aye., to cost from 40, 900
To $27, 900 each. We are also building four brown
| stone dwellings in SXty-cIghth-st., east of Madl-
son-ave.. sixteen, twenty -one and twenty-five feet
front. They are To be finished IN ebony mahogany
and walnut, at a cost of from S2j, 200 10 $4,000.
| Griffith Rowe bought the land on the southeast
| corner of Fifty y-iOnrth-St. and fifth-aFe TWO
| months ago for $4,000, and he has refused an
offer Of 900 for IT. He has decided to erect a
! handsome residence.
"The prospect is favorable for a speedy building
up of all the vacant property in Fiih-aye. and lts
| neighb0rhoOd near the Central Park new house
| is gongup at Fifth-aye. and Filty-clghtb-st., TO
| cost $50. 900. Lots within 200 OF 300 feet OF
| Fifth-ave. are worth 500 900 each, and between
! Madison and Fourth-aves. they are selling readily
! AZ between 5000 and $4,000, an advance OF
| from 80 900 10 $1,000 over Last year. he same
! improy yement is seen in rents. There are not so
many people moving as is usual at tins season OF
| the wear Prices are stiff and most of our tenants
! have decided to remain for another year. We are
! making a great many leases at better prices than
| last year Desirable residences do not remain
| empty There has been an advance OF fully ~ To
10 per cent on property of all kinds from thirty
fourth-s and above that to Harlem. Rapid tran
! sit has had very beneficial effect on property IN
the upper part of the city. Sxth-aye. property mas
| advanced IN value, and even those Oso strongly
oppo,ed rapid transit are now Its warm advocates.
| Mr. Hartmann representing Dennis LOoney the
| builder said Mr.. LOoney has made French Hat
| Luildng a specially. He has put up twelve III
| FIftv-second-st., building number OF Others,
! and he will begin more IN lew DAYS. These
flats are five stories in height, with brown-stone
| fronts. and are 20xG5 feet each. Each floor has
| seven rooms and bathroom, the rent
beng SIS to $50, according to location;
Afew of these flats Mr.. LOoney sold at TiL2OU
each and four others more recently at TZ2'ooo
each. lie can now get an advance ol
81 900 Rents generally are much better
| than they were a year ago, ana tehall
| are not asking for reductions. Rents 1oI
private residences have been low, and it Is safe IL
saw that there ~ an advance of fully ~ per cent
| over last years prices. Business men VIII not 90
| 10 Long Island or New-Jerscy and live when theI
| can get a home at cheap rents within hfteeh oi
| twenty minutes of their business places.
| row of four tive-stOry French Hat houses mas
| been completed on Fifty-eghth-st.. between lrs
| and Second-aves-, six rooms TO the suite. lhey
rent at $35, $33, $2S and go month per toor