Evening star. [volume] (Washington, D.C.) 1854-1972, 1891-03-19
THE POST OFFICE SITE.
Taking Testimony From Owners as to q
Value OF Their Ground.

Taking Testimony From Owners as to the
Value OF Their Ground.
The commission on the appraisement and
condemnation of the post office site. square
1923, Messrs. Lehman. Hamilton and Thompson,
resumed it's session this morning.
Mr., Mattingly made an inquiry as to how
many expert witnesses the commission would
have appear.
Mr.. Taggart remarked that the commission
under instruction twelve could say when they
had sufficient proof on any particular subject.
After some discussion it seemed to be the
sentiment that the commission should proceed
till they thought they had such light as they
deemed sufficient
MRS. GENTSERs PROPERTY.
Parcels IS, 20. 80 and 4-about 80 feet front
on 18th street-were considered, and Mrs.
Gentner appeared as the owner. She valued
the property at 100000, about S12 per foot
exclusive of improvements. 1t was rented. she
SAID. at $500 per month"; very low
rent. There were over GOO square feet.
The sales of property III the neighborhood
had increased the value of her property.
She had some months ago agreed to sell her
various buildings at S4l $50, s23. 1888, sic, 242
and 1874 ACKNOWLEDGEMENTS in all-which
was fair price ut that time.
Parcel q. adjoining Mrs. Gentners property,
was submitted on the testimony as to her prop
erty.
MR.. DuNcANsoN's TESTIMONY.
c. c. DuncansOn testified that he was en-.
gagged in the real estate business and as auc-
tioneer. He became interested in the square
i'll 1s90-in parcels 6. IA, Is and %. He had an
option on parcels and IA and had deeds for
Is and 80.
He regarded this square more valuable than
q GOT he for al Mt
$4,000 through Squire Clark. The prices OF
options III square 255 were higher than in square
32S. The option on lot IA was $4,000.
He bought is for $4,000 and % for $4,000.
18th and Z. the best for $4,000 for fourth in
terest. The corner opposite sold year ago
for IS per foot, and it had been sold since for
double he was informed at $50 per foot.
piece on 18th street north of + recently
sold for s22,OO0 1t was Is by 95 feet In the
square east, between 10th and 18th, there had
been sales-one for $39. 000-and he doubted
whether it could be had for double. He be-
heved 1t was worth as much us Judge Strong's
purchase-12th and streets-S25 and s29 per
foot.
The southeast corner Of 10th and Pennsylya.
MIA avenue had been bought for S22 per foot
Avenue property had picked up considerably
within the past year. There were options on
the 18th street front of the square as high rs
SIS per foot, and on street Sc. He had
oHefcu parcel u at SlO.5O IA and Is at the
same and % at SiS, but it was now worth 25
per cent more. The y street front was worth
81 per cent more than the street front. the
corner OF 18th and ID streets so per foot and
the Globe Theater parcel was worth as much.
10 Mr.. Taggert Mr. Duncanson said he con-
sidered the north side of Pennsylvania avenue
from 9Th street west more valuable than
the south side. but some high sales had been
made on the south side; but little on the north
side had been for sale. There were come pieces
of property on the south side of the avenue be.
tween 9Th and 10th streets which would bring
as much as If 1t were on the north side.
Mr.. Duncanson was examined at length as TO
values and sand that the building adjoining
Harvey's was sold for an entrance to Herman
Iheater for sIO54 per foot buildings included.
II was an irregular shaped lot and he believed
that go per foot could be obtained now
The Schneider property east was worth SIE
per foot: the southeast corner of 10th street
was held at S22.50. The advance in the past
year was in some instances double
George &. Henning president of the Trad.
ers National Bank, testified that last summer
he bought property at 10th street and Pennsyl-
vania avenue, Vernon Row, at S52.75 per foot
s13O,0OO. He valued square 1928 at SIS pei
foot, exclusive OF improvements.