Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-11-19
ANOTHER BIG DEAL.
The Baltimore and Ohio Railroad
Pays 100000 for
A BIG BODY 0FLAND ATGLENW00D
Upon Which to Erect a Roundhouse, Ma
chine Shops and Extensive Yards.
THE BOSTON BUILDER MAKES A START

The Baltimore and Ohio Railroad, after
protracted efforts to acquire land at Glen
wood upon which to build roundhouse,
machine shops and other structures neces-
sary to the transaction of its large and grow
ing business at that place. has at last ac-
complished its purpose, having just closed
deal for between 80 and IS acres for $780,
600. The negotiations have been under
way for about year.
The land adjoins that previously owned
by the company at Gleuwood, containing
the roundhouse and yards, and is we'll
adapted to the uses to which it will be put.
1t formed part of the Blair estate, which is
one of the most extensive in the Twenty
third ward. The part purchased by the
company fronts on both the railroad and the
Monongahela river.
Work on the proposed improvements will be-
gin next spring. if not sooner. The present
roundhouse, which is totally inadequate to the
demands of business, will not he torn down,
but enlarged, as will also the machine shops.
The yards will be extended and improved, so as
to meet the requirements of traffic both now
and for years to come. 1t is the intention OF
the company to make them as complete and
convenient as any in the country.
The price paid for the land, $500, 600, or about
Sc, 800 an acre, while more than an Individual
would have been willing to pay. is considered
reasonable, IN view of its Importance to the
company, and in view, also, of the fact that
railroads are nearly always compelled to pay
outside prices The deal is one OF the largest
that has taken place in Pittsburg for long
time. and is of great Importance to Glenwood
and tributary districts.
growth of business in Pittsburg than the fact
that the railroads find themselves hampered
for room. The Pennsylvania Railroad regrets
that it did not secure more ground at East
Liberty when it had the opportunity The
Baltimore and Ohio, wiser than its rival, has
provided by its acquisition at Glenwood Tor the
indefinite expansion OF tratiic over Its lines,
and thus, by anticipating necessity sure to
arise, put itself in position to keep step with
the material advancement of the city.
Advice to Land Owners.
Pittsburg is so completely environed by
eligible building locations, which are, or soon
will be, within easy reach of the business
quarter, that it is impossible to put up prices
of real estate beyond a reasonable point and
maintain them. On this subject prominent
broker said yesterday:
THE increase in the value of property in
| some parts of the East End and particularly
! along the Pennsylvania Railroad as FAR out as
| Williamsburg, is developing good inquiry
! along the Fort Wayne and Panhandle rail-
roads, This inquiry will broaden as means of
communication improved, for location as
| well as prices favor the movement If East
| End owners desire to maintain the supremacy
of their district IN the estimation of buyers,
| they must moderate their views and not toss
| values beyond the reach of all except the at-
| fluent. Buyers have such q variety of loca-
| tioms to select frcm that they cannot be coerced
! into paying rxtravagant prices"
This is excellent advice and if owners act
| upon it they will not only advance their own
| interest by finding quicker sale for their
property. but give fresh impetus to real estate
in general. The East End offers many and un-
| surpassed attractions to home-seekers. but
there are those who are unable to pay extrava-
| gantly for the privilege of living there.
|
The Boston Man at Work.
The Boston gentleman referred to in this
column yesterday as being in quest of ground
| upon which to erect a number of houses, has
made good start by purchasing four large
lots in the Baum Grove plan at Roup station.
He will commence building soon as the
weather will permit and keep 1t up as long
he can find sale for his houses. He says they
will be first class in every respect, and range in
price from s., GOO to so,0Ou.
| Put Down Flag Sidewalks.
One of the most desirable reforms in re-
! spect to the comfort of the public and to the
improvement of the city is the substitution of
| flagstone for brick sidewalks on all business
streets. Storekeepers are willing to pay better
| rents for stores that have stone sidewalks than
| for those which have brick. The latter become
| loose in the winter. squirt the water upon
| pedestrians, keep the show-wndows dirty, and
| have generally ragged and unnvitlng look
When properly owners learn that brick side
| walks in front of a store are drawback, they
| will put down the better sort. Fifth avenue
| extension from the Court House to Soho would
be greatly improved by the reform above urged.
Business News and Gossip.
1t is rumored that the city has designs upon
| several properties adjoining Highland Park,
the enlargement of which is in contemplation.
The Baltimore and Ohio Railroad deal at
Glenwood will give that place boost.
Owners of real estate in the East End should
reflect upon what a broker says elsewhere in
this column. 1t is good advice.
Builders are doing all they can to head off the
| bad weather. Foundations for a number of
| dwellings have been started within the past
| few days.
The petition for tearing up Penn avenue
Williamsburg, on account OF objections to the
| slope of the pavement will be met by re-
| monstrance. Any slope. or no slope at all, is
preferable TO living in mud another year.
Several large deals in downtown property
! are approaching consummaton. One broker
has two on the string.
Advlces from New Y York yesterday afternoon
| were to the enect that the nhaHclal situation
! there was improving.
| The fact that many persons believe the ma
| jority of local stocks have found bottom is
shown by the number of buying orders coming
| out.
James W. Drape & Co. yesterday sold share
| of the Homewood Driving Park Association at
a figure verging on 81 $50
The Building Record.
The Building Inspector issued seven permits
for 10 houses yesterday-very good for a rainy
day. The list is appended:
David German, frame two-story dwelling,
l6xlS feet. on Patterson street, Twenty.
ward. Cost $3.50.
Herman Hating, frame one-story kitchen,
| l0xl6 feet. on rear Breckenridge street. Thir-
teenth ward. Cost $50.
| Joseph Fisher, frame addition one-story
dwelling, sx16 feet, on rear Allen street. Thirty
first ward. Cost, $240.
Joseph Bauer, frame two-story and attic
| dwelling, 22x32 feet on Belonda street. Thirty
second ward. Cost Sl.S00.
Henry Meyer, two brick twostory dwellings,
| l6x32 feet each. on corner Webster avenue and
| Wooster street, Thirteenth ward. Cost, 81, 400
| each.
James E. Mexican, two brick two-story
dwellings, l6x32 feet each on Wooster sire eet,
Thirteenth ward. Cost, 81. 500 each.
Mrs. Emma Arnold, two brick two-story
Thirteenth ward. Cost. 81, 400 each.
Movements in Real Estate.
of land in the Twenty-third ward. containing
about four acres, for IS, 500.
w. E. Hammett d Go. sold lot on Savannah