New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-12-03
MOVEMENTS IN REAL ESTATE.
NEW PURCHASES AND PROPOSED IMPROVEMENTS
PROPERTY.

NEW PURCHASES AND PROPOSED IMPROVEMENTS
OF PROPERTY.
Tho real estate market seems to he peculiarly
sensitiVc TO the effect of the Introduction OF hOl-
day INTO the middle OF the week. consequently tn i
occurrence of Thanksgiving Day resulted III a dull
record OF business for last week. Inc MONDAY
season generally Is affective III reducing the actlN-
tv IN the market and fe" ilVei{ trahsac tlons are
looked for by real estate brokers for the next lhrt
DAYS Nevertheless the market continues to present
sound. healthy appearance, and the presence Oh Il
quiet but strong inquiry Tor properly OF Iapi0t ,'
Inent purposes is not destroyed by inc uiCer
absence of II speculative spirit. mere nave peeh
no auction sales of extraordinary IMPORTANCE curing
the past week, but some sales were maze OF Eoot
nropert, at pricts that Afforded no discOufagencnt
TO dealers and lrOperty-oWncrs' PROBABLY owing
&c the dulness natural at this season the oIddihs
at few of the sales was devoid OF animation ana
the offerings were temporarily Withdrawn ms
week there will several sales OF small separate
lots of desirable improved property at the L.hah-o
4 renewed inquiry may he noted for property in
Firth and Madison-avcs. above seventy second-st.
what is called Central Park property IN Pine,st
paiance 4. Mowbray recently sold two OF his
large houses on the north side OF NiXty-nnth-st
between the two avenues, at good hgures. W. J.
and A. NJ. Parsons have been very successful IN
their building operations along tlIs me- ihey
have now bought zine lots on the south side OF
Eight, -hrst.st., between the two avenues, Tor
- 900 each, it is understood. They intend to
build on these lots handsome brOwn~tUne private
residences fOur stories in height The lots are I'D
by 100 feet. The cost of those improvements
probably Will be about SoOO,OOO. NO. 90 Last
Seventy-fith-st. has been sold for $4,000 by
Abraham Dowduey to Charles II. Noohces. No.
I2I East SEVENTY lourth-st., has been bought by
David Hexter Tor $1,000. An indication of the
good inquiry in this nelchbOrh0od may be seen
in the fact that last week an offer vas made Cf
$4,000 for three lots IN Fiith-ave. between
Eighty and Eighty-scv enth-sts., and was
declined There is n strong holding OF property 10
this part of the city. transfer was made last
week Of six lots of and on the southeast corner of
Seveuty-hfth-sC., and Fifth-ave, 1922 by 100
feet The property was owned by George w.
Douglass and was bought by Alfred NJ. Iloyt
for 100000. .
There is now an extraordinary demand for
pIOporty IN Harlem aSng the line OF hundred
and-twenty There Is scarcely lot for 81 c
IN this street between Third and Eignt-aVes., the
owner of which does not ask IA handsome advance
from last sales. Builders are beginning 10 turn
considerable attention TO the part OF Harlem be-
tween one hundred-and-tcnth ana Onc-hundred-
ana-twentY -iifth-Sts, md flith and Llghth aYes.
f. J. King proposes to build six three tory brick
nriyate houses in One hundred-and- eleventh-St
beginning 90 feet west of Seventh-ave. Among
other imprOy ements noted are the pDpOsed erection
of four fVe-sfory houses and one tOuT-StOrv
house on the north cast corner of Thrd-ave.. and
observation-disclosures fourth st. by Thomas Fcaley M
a cost of $40 900, and five four story brown-stOne
private dwellings by George W. Hamilton on the
south side of seventy frst-st, west of Ninth-ave.
4 mortgag. for 100000 against Horace Il.
Clafliu has been assigned by the United States
Is president to he Mutual Life Insurance Company
for 1910 900. The transaction was recorded yes
terdaY
There was 10 mortgage. as reported, on the prop
crtvi in Chainbcrs-st. bought by the russell * Er-
viii Manufacturing Company for $4,000.