St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-01-08
WAITING FOR SPRING,
When Minneapolis Dirt Will Surely
Loom Up For
HER HISTORY'S BEST YEAR.
A Brokers' Views---COmparison With
Chicago---The Review Of
the Week.

With the opening of the new year the
GLOBE intends to supply the public,
and especially those interested in values
and buildings, with a column that shall
be second to none in the fullneSS of its
news. the regularity and accuracy of
its figures, and the latest data in refer
ence to the real estate market in Mime
apoliS. At the present time, and for a
few months to come, news will be
scarce quantity. The next few months
are alternating period for the broker
and agent, wherein he puts on his
thinking cap and schemes for the COM
ing of spring with all the feVeriSh eX-
pectance and pleasant anticipatiOns Of
their only rivals-the poets. The men
who hold this market and control it, the
men who are at the head of the great
houseS-who have really so largely aided
in building up the city seem unanimous
in agreeing that real estate is in
healthy, proper condition for the season
of the year. The prospects of a busy,
active spring are splendid, but for the
present things are absolutely quiet, and
nothing else need be expected. 1.-THE
prospects point very clearly" said
veteran authority yesterday, Ito great
improvement in building this year, |
think, and it is after mature and careful
deliberatiOn, that the main activity will
be in inside property during the coming
months. Speculation will go on as
usual, of course, in the outlying dis
tricts, but the transactions this year that
will build up the city will be some l
know of, that are being fioated already,
and which will be in the city and in
volve the erection of some handsome
hnt 10, hot 10,
wanted to give Minneapolis an impetus
at the present time. She needs more
business blocks. l have not the least
doubt but if twenty fair sized build
ingS were erected i'll the course OF the
year they could all be rented as soon as
the foundations were laid. l have great
faith in the real estate of this city, be-
cause watching it as | have for years |
see signs on the horizon that foretell
good for the future. There is a gradual
disappearing of shysters out of the
trade-men who are seeking more con-
genial climes-KanSaS City and CalifOr-
MIA for instance, and the centering of the
business into the hands of well-known
reliable houses that speaks Splendidly
for the sOlidity and the conservative
condition of things into which this
branch of business is slowly but surely
drifting. 1t is just as interesting to
watch the trend of streets to-day as it is
to old settlers to look back upon the
time when rivalry existed between
Nicollet, Hennepin and Washington
avenues. Fourth street seems now to
be the banner thoroughfare. 1t is GER
tainly gone beyond the embryOtic stage,
and the unfinished buildings already
laid speak for themselves as to its popu-
larity with the business men of this
period. Fifth does not show up as yet
in the light of being doomed any, but
Sixth street promises to become quite
thOroughfare in the next few years.
The buildings at present being erected
there, being quite ambitious looking,
and large in their proportions.
THE REVIEW.
Following is tabuated comparative
statement of the transfers and building
permits for the past week and the cor
responding week for last year;