New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-04
REAL Estate TRANSACTIONS.

MOVEMENTS IL THE MARKET-PRlCrS STRONG On \
QUIT BUSINESS.
I'neyentful comparatively speaking as the Ioal
estat, market was last week, thete was no cuauso
in IT, generally favorable features. Tue inactivity
mt sone brokers complain 81 arises IRON tho
strong holding of property. Owners arc SIN ia the.I
prices aud Leuce purchases are cohIlheI 70 No.
r,ent buvrrs who are IN actual want OF the really
which they bug. The inquiries Tor property 'A-
cont OF sprcial kinds or IN particular localie- con
INN, nnmoru aud little yielding on the part q
sellers would simulate more tfansAct'on,. IhcIe
US "A GOOD attendance at the auction -alcS ,a't
werg aud fair amount OF property was So'u Al
good Goutes The more Important daily sales were
dnlv noticed in The TRIBUNE Yesterday t'hdru
V Hnrnett sold thirty-cight city lots IN ohhoIs On
the Saw Mill River. They contain the Natlhg .iAt
Fnctory winch with othrr improvements IL Is
tnougnt could net be replaced today Tor oo,Ouo
The property sold for $4,000 add the machinery LOT
-iO 900 The purchaser Samuel Shethar, tue
we'll known retired hat manufacturer, who recently
ba. been Interested CONSIDERABLY IN railroad opera
fions On Thursday next tho stores ~ bfoadWhy
ami Wortb-stA occupied by Teiit. Weller ~ Co.,
will he offered at auction. no offerings ~ thr ~
change SalcsrUOm this week OF attractive Ous-
ness and dwelling property VIII DC many ana i'h-
portant. n. - 80 L.
$40 900 Tor the knIckerbocKer Life Insurance
bnillIhR AT broadway anu Park place on ll"aF A.
J. Reec kerr the aICtIOucor Who nut NJ the property
said yea srday: There was really nothing ~ tho
property 10 tempt buyers IL IL owned IN leasehold
and not N tee simple: Inc rent oI tne Iail-
sd iOO-is very hlgh. IL was h4ed III I0'V "uou
everything was At the top notch and was rising.
Iyitb mo- apparrnt limit to th' notch. The taxes and
eYuensc of running the buiiilng can be put At
$40 600 in addition 10 the ~ 100 easehold rent
The rcnts from the offices aro only S3t 900. III
would also cost Sl6OJO to put the building In
proper cond tlon for general use Inc lease expires
i'm II Qht wears from no present time.
The absence of "A speculative cXcltemcnJ IN tho
real estate market Is considered by dealers gOnd
sign of health. Yet transactlohs AT private SAFE
are fairly active 1t is understood that the remain
Jog property in Broadway including the building
at No II Broadway, belonging 70 the charter YAK
life Insurance Company. has been sOld. Inc put
ohasers are u syndicate ct large brokers. Dnt the
nrtce maid has not yet been asccrtaiued. Among
other downtown sales we're those q no 40 broau
wAv by Lawson Valentine 10 George Munro Tor
4 so 900; and Nos. and 10 Bndgo S.. by the eX-
ecutors of Adam Smith to Charles If. Kimberly for
81 o. 900 For the latter property "A mortgage LOT
| half the purchase money was gwen
Property the East Side ~ siill advancing IN
| value the rlge which began at SiXticth-st having
| worked gradually up To the nnctles. j. IT, II. Law
renee executor OF the William Beach Lawrence es-
tnte has inst sold to William LalOr eight lots IN
Madisou-ave between Ninety and Ninety
| srventh.st- The price s sand 10 be T6JOOO. Mr..
Labor has gwen contracts 10 have the land graded
| and propared for building purposes. 1. Adolph Low
has buugh' No 10 Eist sixty nlnth-st Tor - .ooo.
Aud the property naSevenJy fouTthst 100 iret east
OF Fifth ave- has bcen sold by J. NJ BAH 10 lhOnas
| Osborne for $40, 900. No. IFS Madinon-a'e has
| been sold by l.. e.. QuihIan for ToO.OOO. On the
West Side business continues under lar inquiry,
| bnt with rather dull aeallngs. The Edward Clark
estate has pur hsed plot OF lots at the BOuleVarC
and Seventy filth ST. with two lots in the al
| Tenth ave aud Seventy nitn.st for 100000.
| The Rev James NJ. Power, pastor OF tho Roman
| Catholic Church of All Saints, has mortgaged for
| $50 900 the property the east side OF Madison
hundre l. and thrtleth st.. to the Bowery Savings
|