New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-09-15
UP IN BUSY HARLEM.
DEMAND FOR BETTER HOMES.
EopLE DO NOT WANT CHEAP FLATs-EA

PEOPLE Do NOI NANL NhLNA
AMPLES OF THIS
That people who go from the city to the country
during the summer months nowadays arrange to stay
until October instead of September Is demonstrates
by the way houses and flats are rented In har''"''
which contains probably more homes I'm proportion 10
the number of the buildings there than any Other part
of the city, There few business houses In com
parison with the downtown districts, consequently
when the people begin return to town the real estate
agents up there are the first 10 observe It, because 'S
have little to do with business blocks. Many OF uo
families that had children returned about the hrU u
september so their children could begin school at inc
opening of the school year. The extremely Dau
weather of the last week has driven many more HUN
the country but the real estate agents say that the
have many applications for houses ana mats cesnns
with October /. Some remarks OF Ransom r. "ncoN
OF the real estate firm Of Wilcox a shelton al ~"
o45 West Onchundred-a nd-twenty fthst' concerning
the course of real estate in Harlem are Interesting anu
deserve serious attention
According to Mr. Wilcox the building OF cheap mas
has been greatly overdone and apartments that rent
from 500 to $50 a month are drug on the marhe''
So many have been built in excess Of the demand Io'
them that rents have steadily decreased during the
last three years. IL does not dI"d1
appear that such is the case from 'h0
prices paid for apartments, but often to secure
a tenant landlord will give him the use Oh tho nav
the month and often the nfsJ TWO NV
These and other rebates often bring the price down.
in some cases as much So a month, providing inc
tenant stays a year. This and other means OIL giving
a rebate are practsed continually. building 5 sun
going on but Mr. Wilcox pronounces real estate aHaIis
dull There is scarcity OF good private houses 4hee
are few good houses for rent or for sale. ho Is
strongly of the opinion, from personal Observation
that the builders who putting up good houses ana
can afford to walt reasonable length Of time to sell
! their urDDerty are making
4. Ward Benedict real estate dealer, OF No 2O2
West One-hundred and.twenty ifth-st, TALKED in the
same strain. lie believes also that there are not
enough good Hats. lie thinks 50 from the fact that
he has mad opportunity to rent dozens OI esht Or
nine room and abath flats that would command from
$500 TO ~ 400 a year. He means steam heated nalS
with an elevator In the building IheO
are only two or three houses Of this
description IN Harlem, and Mr. Benedict is convince
that several more could be quickly ientcd al hand
some profit TO the owner the cheap mats pay
lie saws that though the place is now growing rapidly
| IL would grow much faster If the people up inert
would offer Inducements for downtown business men
to up there TO live: , -.
William A. shelton. OF Wilcox & Shelton. in speak
ing Of the property and growth OF Washington Helghs
said that in view of the possibility OF lhwOOd beng
| chosen as the site for the Words Far properly
owners were not anxious sell. and. In fact, from
that cause alone prices had stnencd7 considerably
IN that neghborhOOd. At One-hundrcd anu eishiieih
St. they were considerably higher than they were
ten blocks further south when Onchunired and seven
eth-st was in the same condition a. far improve
mentS CO.