Evening star. [volume] (Washington, D.C.) 1854-1972, 1891-09-26
DISTRICT REAL ESTATE.
Not Much Doing just Now, but the Fall
Outlook 10 Good.

Outlook 10 Good.
ABcHrrTcrs' OPINIONS As TO THE PROSPECTS FOB
BUuDISGs-THE UNIVERSITY CLUBS NEW
HoMK-eRowrH OF REALTY vALUEs-soME
NEW HOUSES THAT ARE BEING ERECTED.
THIS Is THE DAY OF SMALL THINGS
Il in the real estate world. Such, at least, is
the story told by the dealers themselves this
week Not but what they are all looking for
ward to an unusually busy fall season, but the
truth seems to be that the season of activity
has not vet begun. 1t is still little early in
the season for any heavy movement Of real
estate and the continued hot weather seems
to be having decidedly depressing effect on
the market All Of the real estate men now in
town say that they have plenty of large deals
in sight, but none of them have yet reach ed
such Q stage that they can be made public or
even referred to with any degree Of confidence.
There have been . large number of real estate
transfers made this week, it is true. an un-
usually large number for this time OF year, but
they have been for the most part Of q picayune
description This IL essentially the renting
season.
Probably the largest deal that has been made
for some time past was the transfer Of the
Richards property on Capitol Hill This was
made early this week. The transfer was to the
governpent and included several lots in the
square south Of the Capitol between New Jersey
avenue, street and South Capitol street. d.
rectly adjacent to the Butler house. that was
purchased by the government some time ago.
The consideration in the more recent sale was
el55, 200.
BUILDING PROSPECTS.
A 9ell-knovn architect Of the city IL the au-
thority for the statement that but few building
contracts are being made now and that the i'm
mediate outlook in his business, 30 far as the
inner class Of houses is concerned, is anything
but promising The same cry Is coming from
ell parts Of the country, according to this same
man, Who claimed to be quoting from the trade
papers to bear him out in his position. He
stands alone in his opinion Of the situation.
Other men IN his profession are decidedly more
nnguIne In their views and say that never be-
fore have things been hvelier for this time of
year. During the past year the number of
building permits issued from the Office of
the inspector Of buildings was larger
by far than ever before. Much Of this
work that was begun. il still in an unfinished
condition and all over town are signs of build
ing activity Work 10 being prosecuted on
some Of the hAndsomest residences that have
ever been erected in this city. Some Of these
rapidly approaching completion and viii be
ready for occupation at an early date. The
Washington building season is q long one, and
many people who have fine buildings to put up
md That II u good plan to put up the walls
before cold weather puts stop to the work,
and thea resume work on the interior soon
- milder weather sets in and the walls have
had . chance to settle thoroughly.
In one particular there has been Q marked
change In building methods in Washington in
hate ysAra IL used to be considered the prope,
thing after house was finished and in q hab-
liable condition to let the walls stand for 9
year or two before going ahead With the worh
Of papering or painting. This WAS with the
idea that any possible cracking of walls would
spoil the decoration Whether or not thi,
danger vss As great ss thought the fact ID that
In many Of the handsome house sshat have beer
built recently paper has been placed upon the
walls - soon e. the plaster was sufficient,
dried Plain white walls have become 90 IN
popular that people would rather have their
houses fixed up IN an attractive manner q
once, even II they have to run the risk Of beins
compelled TO repeper in . short time.
THE rSrvKRsrrT Guns NEW HoxR.
One Of the most interesting pieces Of new
n the real estate world this week 10 the actor
Of the new University Club in seeking . new
home more in keeping with its size and stand
ing. Though comparatively . new organic
ton IL has already outgrown its quarters q
l736 street, the home Of the old Meridian
Club, which was merged into the Universit,
some time ago. For quite q while back Their
has been . movement on foot to secure q build
ing that would answer the increased demand
81 the new club as we'll furnish Q desir
able mite for any larger building that Nigh
Be nscsssary in the course of Q few years.
Several days ago the club through its com
mittss closed . three years lease on the Ra,
Ao11o, q - northwess corner Of 18th and