New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-12-30
DoINGs IN REAL ESTATE.
PROGRESS OF THE NEW FxCHANGE-orEhAiioN
LAST WEEK.


PROGRESS OF THE NEW FxCHANGh-oiiNn''0 '''
LAST WEEK.
The real estate market last week was again gun
az is expected at this season of the year. DIoho
and operators were more interested III the PS
of the new exchange toward complete oIe shib
fion than in trying to drum up business Wi tba
will not lie aroused from stupor. meeting VI imo
directors of the Real Estate Exchange ana acton
Rooms limited resulted yesterday IN the eleSto t
of the following officers and committees; FIesuert,
f. H. Ludlow; e-presidents, II. II. Hall ,Inna
and Albert Bellamy; treasurer Jonm ~ go f.
secretary George II. Scott; committes,IJpna LILA
nance +. Cruik hank. Il. Harnett ana LgDP ,
FREEDMAN on rooms, r. V. Harnett Isaac mo rcIS -,
L. Frepmen, D. g. Cr9ly ana qv "; H. HGng Samuel
P p JaPvn ne James Stokes and D. g. Cody;
A report on the proposed ste Scnociai
No. 80 LbertySt was receGSet 70 carry out the
details necessary to secure it and alter 1t for INC
purposes of the Exchange. orsricions
The prospects are Say3rable i0t re Is little
doubt that the rarrying-out OF inc ProjeT nrosenf
greatly benefit the real estate interest. a. oPrnsSon
that interest is suffering from the general ~
in hnsineSs. IL is a mistake TO suppose that tno
builders arr Going the work they did when the year
opened. Thu dulness Of realty soon onservat We
enterprises and the reasons for cOn9Tr nH bv
conrse of action were reinforced last autumn oS
the strike In the budng-trade workmen. hc &c
suit has been to check any tendency for the
siye building operations, and the prospects o
new wear are against any work that is not st
by the relations of demand and supply. lrsttod
a lpalthtul one, Ub Hulb ~
than the restraint that events have put upon
extravaganza building of railroads mere WIZ ho
many large single transactions last week onC all
real estate market generally can be calleu OILY ny f
and firm Among the larger dealings were 'HT Iv
lowing: l.. j. a. /. Phillips sold Tor tn9 49,
estate 110 lots within stn a3d
fifth and pEScSord Arnold for
Seventh and Eighth aves ~ klchaIu ;dnrafion Of
1900 600 cash. William Aston, III @ of
1913 0GS has taken title to about Ind and
land bounded by One-hundred ,torty-thlru, ahn
-tiftyslxth sts MOtt,aNe' am am AN
Harlem River No. 20 Fifth-ave. has been sSlu ~ 70
w. Glover for 1000 f. aa 90; Nth Tiftb.ave.. for
SI35 900 Alexander II. Stevens sold No. 90 East t
Seventy-eighth-st. for 900 taxing DO. I iJ Sor
Fiftyseyenth;St from Henry Henry Fl the sale of the
RIocl, hounded bv Madison and Fourth aNes;'
Nnty-sixth and Nnety-seyenth, Sts Tor an b aqf
vonce ON the price 81 so, 900 paid by MN SUI.
time AGO. No. II East Eghtythird,st was noug CIV
by r. Il. Willetts from Joseph Nj r"i'oi '''
$4,000. .-,.. ,.,,,,b+ q bouse
and lot inst above Sixth-st., on east SIDE Oh HeSou
ave for S23 800 The Florence aPaIliIle
at Fourth-ave and Eighteenth-si mas Det q zoo
gagged to the Bank for Savings II ne SUI I ~ MAJ
600 by the owners Mr. and Mrs. EdWaru h a.
thews Three pieces of property on m IN sd
east of FOurth-aye., were conveyCub e ~ ISL 70
Orange j. Griffin for nominal conSldeI,atli05u. Nv
Gently the premises were transferred to MI Wadi eS
The property IN the d Po Fif Go and Fftyrs
sts which formerly belonged to the trustees VI, ~
ST. Patricks Cathedral, was recentS !ndioinin,
Henry Willard, who transferred Two lotS I'M
his house TO his legal advisers, Edward . ADAMS
and ARENAS II. Holmes. ,,,. --os o,crn,-
In the latter part of 1882 the block was encV Wr
bcred with mortgage for $24O,OOO gwen Oy MI
Willard to the Manhattan Savings Institution, ana
Mr. Holmes in purchasing the plot pays the sum Oh
$40 900 in addition to mortgage OF YtOoVW
That narticular spot. Mr. Adams besides the cash
nnrcbase pricc which is $50, 800 assumes portion
of the mortgage equal to that of his cash
ton Both contract to pay one-SlXth OF the 49,
CAGES mon the courtyard over which by thls
agreement they are granted a right-of-way.