New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-10-14
REAL ESTATE FAIRLY ACTIVE.
PROGRESS OF THE PROPOSED EXCHANGE.
FEATURES OF THE MARKEr-PEICEs EASY ONLY
N SPECIAL DIRECTIONS.

PROGRESS OF THE PROPOSED EXCHANGE
FEATURES OF THE MARKEr-PmCGs EASY ONLY
IN SPECIAL DIRECTIONS.
The real estate situation tar as regards actlY-
itv is unchanged FROM week ago. lhere were hot
a few interesting transactions at private sdIo Ia,
Of business is concerned dealers StIll complain
of great dulness. At the Exchange saleSloT ~,
there were few more sales ar auction pui yI ~,
prices realized were disappointing 10 the hoIue -
of property, who are looking Tor an important 'u-
vance in a little time. But 1t Is an admitted Iac'
that the asked for vacant lot ana me b
priced houses that have been put up Wllhih lle
Last two or three years are bar 10 plTchae ;.
Hence conservative brokers agree that tne
prices realized at auction cannot lairn
be compared with the demand prices
of uc,ghboring realty. but only with TIE
figures obtained when the property Is pushe4 10,
sale. From this point OF view, the price leai IA
at auctIon sales last week must be conslurlt"
strong: certainly they show no sign OF WGaAuc2'
i'm the market. For hIgh-prced dwellings, there Is
little easing of In hgnTes, ana tHrIe arc ~"
dealers who will not cOnccde that In TINS difrcl'o
cast-sIde property may readily suffer some ueP''-
Reai.estate men are showing an awaken
the organization OF the proposed hGdl baI"te
Exchange The fact that l.. II. LuL,oW Is
insuring its success As yet definite plan OF or
gdulZation has becu sufficiently iornuated 10 Ic
made public The site has not been GctSrHIil,u
Int # will be IN Broadway, between Alaldeh-Iauc
best Judgment Of those persons active III
the formation Of the institution ~ that lJs site
cannot bc pIac"d far from She interests that CehIc
about Wall street aai must b. WITHIN easily az
cesslhIn distance 10 the Stock Exchange, the baik
and other financial institutions that may De caieu
lis adiuucs The pTc0 for the first issue OF seats ia
the new exchange will probably he Sl.OoU. jug
ing from the temper of dealers, when tue committee
IN charge OF in" matter Is ready to invite Nuo'cLP
tiOns there Is snail doubt oi generous Response.
As the month grow, longer the parcels OF property
Offering at auction Increase III nhmorE La
week the more noteworthy transactions nj private
sale were as follows: No. q last lNlrty-slNth-f q.
was sold for 500 900 To John II. PcI, DdnIel
Ucnrr-Sy sold No. TJ3 MalI-Ou-aYc 10 {. LaulDoIl
for so 900 cash No. - West Fiity.srCond-S,
was sold ay the S4UdiDri estate Tor nearly T'oouO
10 A. Luslg vino reports ItS resale al an advance 10
was hougJt for -6l 400 by Godfrey MOuhcimrr, VI
B. Ba.r 4 Co. being the brokers. william Oilman
sold me tenement Nos. l,GO3. l,Gll ana LUIS
Srcond-ayc. for SIS 900. on vacant property, TWO
Ints IN twenty iii th-si, cast OF
Seycutl,ayc. are reported sold for S2o2OO To Joan
Harvey. W. #. Palmer Is reported 10 have so'd 2
LOT I'M iLIr. y-scConG-st, west OF
Slxfh-avr. TO Within Anderson Tor S1,OOO. me
E,crrd and quite says that t"C.yc Iot1 o. td'
FItlf>ayc. plaza. between FIity-cIEhth aud fliiN~
ulntb-st,. having % frontage oil 10 lerL on the
pIaZ = aud 10 and 10 feet oI iIiy'hnjh anl
FIfiy-rIgntu sts respect y'lF.hIN' b'ru so'u Nv l
Anderson estate 10 Puyle ~ Campbell loi TN"o'Vop.
The papers have not been sGucl, however va.
there Il little doubt of the contamination OF tI'
sale The property viii b" improved by the e..
Of an lmlurus. apartment ,uuusi 10 cost oil ABOUT
L. 100000