Evening star. [volume] (Washington, D.C.) 1854-1972, 1888-12-08

Careful inquiry among the real estate men
seems to prove that the opinion expressed BY
Mr.. B. II. Warner just after the result Of the
presidential election became known was cor
rect He said that he believed business Of
every kind would now be better in this city.
and so far az real estate Is concerned the pros
poets are most encouraging. Hardly a dealer
who has not received many inquiries from peo-
pie out of the city who desire TO invest in prop
erty here.
Il have received letter this week" said Mr..
Myron NJ Parker to n STAR reporter yesterday,
from a man who some years ago dealt largely
in real estate here, but who has kept out OF the
poses TO invest somewhere between one and
two hundred thousand dollars in ground in the
District and wrote to inquire about the most
advantageous property"
Did he mention any particular locality"
asked the reporter
HE will put his money into suburban land
All the suburban ground is good for invest
ment Columbia and Lsnier Heights. Univer-
sity Park, kalorama, or any of the many sub
divisions that have been made will yield good
returns. The indications are that there will
DE big boom I'm real estate in the early spring.
Money Is plenty and confidence is al that ID
required"
QUARTERS OF THE MASONIC RELIEF ASSOCIATION.
Mr.. Parker has completed the sale to the Ma
sonic Mutual Relief association of the building
No. 4l9 18th street northwest. and the work o,
remoceling will be at once commenced. The
lower part will be fitted up for stores and
rented; nile the upper portion Of the build
ing VIII be occupied by the association or its
offices. He has also sold the dwelling No. 1914
n street northwest, which has quite a history
| 1t was owned by Capt. Mafftt, an officer in the
navy before the war but who went south when
hostlllties broke out. This house was confis-
Gated by the government, but on the captain
death il reverted to his heirs, and the recent
| sale was made for their benefit
DESIRING TO INVEST.
''Yes," said Mr.. James E. Fitch. Of Fitch.
Fox a Brown, in answer to The SraR's in
quiries, I'VE have received a number of in
quiries from wealthy men throughout the
country in n gard to investments in real estate
in the District. Confidence begets confidence
and people are satisfied with the result of the
election and believe in prosperous future
There has been a good deal of activity in the
market this month. and there are many
transactions which have not vet reached final
settlement but which are as good as COM
pleted. think that the mild and pleasant
weather has a good deal to do with the activity
OF the real estate business. and | believe il we
| early in January there would be great many
sales made tins winter. In the spring we look
for brisk business"
In regard to the weather Mr.. Fitch recalled
the winter many years ago when that block of
houses on 18th street running from the corner
of down to Gen. Van Vliets was completed
Mr.. s. p. Brown was the builder, and they were
| all sold shortly after they were finished. We
had no snow nor any severe weather that sea-
| son until about February, and it was the belief
Of real estate men that the mild temperature
really sold those houses. Fernando Wood
bought the corner house, Gov. Swami. of Mary
land, then United States Senator, bought the
next and Jas. q. Blaine the third.
Mr.. b. ii. Warner Co. have just sold for
JAS. A. Rutherford ct al, to F. J. Heiberger
for $4,000, premises No. 1912 PENNSYLVANIA
avenue northwest. also for Mrs. Dulin. to Mrs
Mary L. Arthur, lot II, square 1872. on street,
between LIST and I'd southeast, at al. 75 per foot
This last property is opposite the capitol and
| the price is considered fair. Mr.. i. d. Wine,
of this firm, told the same story as the others
as to active inquiries in regard to property for
| investment and speculative purposes, and he
| said further that there had been perceptible
increase in these inquiries.
Mr.. j. b. Winner has sold within the past few
days lot sub. 15 square 2lS, for Geo. A. Sawyer.
| to Mrs. Clara L. Brown, of Boston. for SIT 900.
| This property is the handsome house at the
southeast corner of Massachusetts avenue and
18th street northwest. MIR. Winner has also
sold, through J. Z. Bates & Co.. lots s6 and sc
on Wyoming avenue. Washington Heights, for
u.
of the soldiers home. for ell. $40, and lot part
| of 1, in Tuttle's subdivision, Washington
| Heights, next to the handsome new house of
| Mr.. Parker Mann on kalorama avenue, for
| about 20 cents per square foot.
IN REGARD TO SUBURBAN PROPERTY,
some of the sub divisions northeast of the city
have been in active demand. 1--WE have sold
ninety lots in Brookland," said Mr.. McLaech-
Ian, of the firm of McLaechlan Batchelder.
land nearly all of the purchasers intend to
build. Already number of substantial DWELL
| ings are erected, and more are in contempla-
ton. Another tract adjoining this, to be known
| as South Brookland, is now being plated and
will soon be ready for the market" These
properties, as well as lexington, are upon the
line of the new electric railway, and that enter
prise has probably stimulated interest in the
real estate.
1t is learned that Representative Brown. of
Pennsylvania, and others who are interested
with him in suburban ground have proposed
that 18th street when extended shall run in a
straight line to its junction with Columbia road
and that at that point a large circle shall be
made. This is one of the highest points in the
District the ground being 200 feet above the
level Of the river, and circle would add to the
attractiveness of the vicinity. An attempt was
made to defect 18th street in its extension to
jected to that, as ii was desirable that the city
streets when extended should follow as nearly
as possible their present lines.
FINE RESIDENCES.
It is understood that several fine residences
have been sold during this week, but that the
final transfers have not Yet been made, 30 that
the full information cannot yet be made pub
lie. Among these arc the handsome house
owned by ex-Representative Page, of Cali
fornia, on X street, between l4th and 18th
streets northwest, and a brownstone front
dwelling on 10th street, near Massachuse it's
avenue. Many people are contemplating
for good work in their business Several
plans have already been ordered and others
are being determined upon. These are for
large and costly dwellings fitted up in the best
possible workmanship and to cost from
5000 to $4,000. There are others who will
erect less pretentious buildings, and plans for
lars are also being made. In fact. houses of
mand, and outside persons who desire TO in
vest in improved rather than unimproved
property prefer buildings of this character to
those more expensive.
BUSINESS IMPROVEMENT.
Several impro vements on Pennsylvania ave-
nue. are contemplated, notably the extension
of their present building by the Washington
Safe Deposit company. The Bernheimer prop
erty Immediately west has been purchased and
thoroughly fire-proof structure, similar in
character to the present safe deposit quarters,
will be erected The old Coombs property,
just west of this, which, during the war, con-