New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-10-16
VIEWS OF REAL ESTATE MEN.


ruv opxrp. PROSPERITY OF TUE COUNTRY Az
FrcTtyG PROPERTY owNERs-HoUsR FULL OF
TENANTS - CAPITALISTS MAKING BUILDING
loans FREELY AND NO CHANGE WANTED
Charles ). Peck a real estate agent. of No. west
Twenty-Gfth-st who has been Democrat all DIS
life until the present campaign. was called upon py
n TRIBUNE reporter and asked his reasons for leav-
ing the Democrats and coming over to the kepuDn-
cans.
"Reosons 2, answered Mr.. Peck. "Why, came
over TO the Republican party because l believe IN
prosperity. and believe that that is the party 10
look to for prosperity. i came to the conclusion
that It was party that any man having business
interests At stake ought to belong to. joined the
Republican party because hoped TO see IL SUCCESS
full this year, and wanted to do my share in work
ing for that success; and want to see the Republi
can party remain in power because do
not want to the present prosperity OF this coun-
try interfered with. | do not want TO see any
change When things going on we'll enough
believe in letting well enough alone. L do not
believe IN experimenting IN such case"
In referring to the present condition oil ahaiEs
Mr. Peck said Without exception, think tls~
has been the most prosperous year New-lofk has
ever seen The condition of the real estate business
fla rly indicates the condition OF other xmas Oh ousi-
ness and this year 1t indicates general prosperity
very plainly. For instance during the last year
there have been very few furnished or uniurnshed
houses to leftover this tail than at any correspond
ing season for ten years back. The fact, is people
can afford TO live in their own houses as things
are now. Property ID general too' Is heid
much firmer than 1t has been AT
any time IN the last six years
There is a great demand for property. More houses
are being built Never in any year before that
f,ui nm N
York City-so many good buildings. too, that BRING
HIGH prices and high rents"
GLOW long had You been a Democrat before this
season, Mr. Peckp
"All nv life sir. never voted any other than the
Democratic ticket but like great many others who
were Democrats came to the conclusion tnat L
had been a Democrat long enough. | feel that IT
would be great disaster to the country II the
Democrats should win tins year-but do not fear
that very much" -co
Maurice V. treuDd, real estate agent n NO. 760
Thlrd-ave., has always been a staunch Democrat
until the present canvass; has spent considerable
time and money In fnrtherng D':n1crauc inter-
"ssS and at one time was member oil inc iammanF
Hal General Committee under Nelly: lie has
never been canddate for office Inc present
nGosnerifv however of the real estate business. in
,ybirb he il SO LARGELY interested and winch d.
rectly dependent the general prosperity OF the
cnun.ry has made hin re.uctant 10 see Change III
the administration OF the Government. MI. freund
expresses his views IN the following interview:
WHY will you vOe the Republican instead OF
the Democ ratio ticket tins yeal 7 asked the IT,
porter. , -..
"SImpl y.Iccansc q change in the administration
w0uld be al a,trous 10 the value oil real estd'e ~
Newfork nave bzn u aea es,ai Gs rans x'as
estate value, Succ last wear, however. there has
been "A constant rise, and property has almost
doubled in value vi hin The last SIXTEEN months. \
great deal of property is building There Is no dll-
Gu ty in &c ting Durc las rs Tor otS ana houses are
sold rs soon AZ they are nniSned." 49, .
What is the cause OF tnlS favorable condition OF
afflrsp
II attribute 1t 10 the general prosperity Of the
country. During the last three or four months The
so called Hancock boom unuerved capitalists and
caused them 10 lose confidence IN the eXpedency oil
making iuvrsimen :. bnt Within the last lew days
since Republican success has Deen asSur d. people
nave become very much eucOuriSed. hiue Two
large sales of real estate to-day tat w0uld uudohDl
edly nave caused me come trouble IN negotiating
had II moi been for the Republican victory III ludl-
ana ~ Ohio Democratic success III the l'reslden-
tia contest would immensely drprecate the Vaine
OF real estate. and IL wOnld take long time 10
rccOvcr from such depression don't believe IN a
ciangc have represented very large estate
the sc ls9ngood-since 1874. and | never had tue
properly ~ such good condition as 1t Is to-day.
There I~'i vacancy IN IT, and the rents are higher
tnau ever before Houses are going up all around
tins property, which runs from fOrty,srVeuth-st 10
Forty eIgltnst., and III Harlem and orkNle you
can hardly find "A block IN which houses are not
gong up. There is scarcely vacant square east OF
IhIrI-ave in which property Is not building Cap
tal is willing to help Duladefs 10 IemdfkaDie
degree. 80 -
in contact have been saving: If Hancock l. elected
| we don't know what will be the result They are
satisfied with the present prosperity OF the country,
! aud DON'T want change"
" Have YOU heard democratic manufacturers ex-
| Dress the OPINION that the reduced tarin winch
would .esult from Democratic success would
| be disastrous 10 their own interests and those oil
| taer empioyesp
| Nearly all the H.auuiacurers of this city coin
eide IN the view that tncy would sun r greatly IL
the Democrats should obtain the ieins OF govern
| menl."