St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-02-15
REAL ESTATE RACKET.
The Boom ia minneapolis for 1885 Already
Struck In

Struck In.
Real estate continues lively despite the
cold snap of last week, al though bad weather
retards real estate Just as it does other
branches Of business. The approach of the
building season, however, exerts too strong
an influence to allow even the weather TO
have depressing effect. To sum up the
situation in few words: The real estate
market remains practically unchanged from its
condition Of a week ago. The sales are
quite numerous, and constant inquiry indi-
Gates that steady improvement can be
looked for. After March l the boom will
set in and the real estate reviews which have
been rather uninteresting reading during
the past three mouths will be looked for with
interest.
Some of the important transfers recorded
in the office Of the register of deeds last week
were the sales of part Of block 81, original
plat; T. J. Buxton to r. B. Langdou, con-
sideration, $4,000; parts of lots Z and 8,
block 81. original plat; s. H. Madison to r.
P. Huntington, $50, 900; part of block 100,
original plat; Minneapolis Mill company to
North Star Wooden mills, S11 ZOO.
''You are little early,' said prominent
architect to GLOBE reporter yesterday, Gin
asking for facts concerning this years build
ing prospects. We only hear rumors in
February as to what may be done. People
are just beginning to think of building, and
haven't fully made up their minds. BIZ March
or April they have decided either to build or
not to build and then you can get something
like IN accurate idea as to what is
going to be done. All | can say
is that If one-half the schemes we hear of are
carried out it will be a very lively year
for building. Yes, think considerable will
be done in business and public buildings.
You can call up quite respectable showing
already. There will be probably public
library building costing perhaps s150,000,
$500, 900 market house, then there's the
workhOuse, for which an appropriation of
$4,000 has been asked. In business blocks
You remember that S. c. Gale, E. A. Harmon
and j. j. Sprague mean to erect that addi-
ton to the Tribune building
which will have 100 foot
frontage on First avenue at cost of $780,
600. An eight-story block will go up on the
Academy of Music site probably. l expect
to see r. B. Langdon put up a fine block
where that excavation is next to the Kasota
block on Hennepin avenue; r. L. Stillman
will build one OF the handsomest blocks in
the city on Fourth street between Nicolet
and Hennepin avenues, five stories high,
67xl55 feet, with stone front, costing
SS0,000.''
&C. NJ. Cushman and Jacob Barge have
leased the lot between Harrison hall and the
lookup, and bs the terms Of their contract
must have building at least three stories
high erected thereon by July l. Why. just
look at First avenue south, at the corner of
Second street. Geo. A. Bracket has let the
contract for building to cost $50, 600 on the
northeast corner; right opposite him four
story hotel is going up, to cost $4,000, in
the rear Of which a four-story stone front
block, with forty feet front, is to be built.
Pomeroy, the saloon keeper, is to put up
brick, at the cost of SIS, 600. Right across
the street, hear another big building Is to
be built. But could 90 on this way al! day
telling what I've heard is to be done.''
Glow about the residencesi'
"Just the same way. There's any amount
of them, aud know of at least half Il dozen
which will cost over $40, 900 each.''
The purchase by r. P. Huntington of the
lot on Heunepin avenue, adjoining the
Academy of Music, having "a foot 'front.'
age. for $685. 900 is regarded as very reason
able figure for the property. The building
upon it is old and dilapidated and is not
worth more than $4,000, which makes the
price for toe ground about 5000 per foot.
A deed was filed in the Office OF the regis
ter yesterday in which the Manufacturers
National bank conveys to the N.cOllet Ma
tional bank the lot and building at the corner
of Nicollet avenue and Fourth street, now
occupied By the Nicollet bank. The cOnsid-
GRAFTON WAS $50 600
TIE WEEKLY REVIEW.
The following are the deeds and consider
atoms thereof which were filed with the reg
lister Of deeds last week;
Co Of Tlaads Cof sI5erotionc