Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-19
REALTY PICKING UP.
TWO IMPORT INT TRANSACTIONS AND
SEVERAL OF LESS NOTE.

A Deal on Penn Avenue and One In the
East Liberty Hub-Brokers Show 'Good
FIGURES for Midsummer-Ownels Keep
Their Grip.
Downtown property has been quiet for
some time 50 far as actual sales have been
concerned, but the inquiry has been good
right along. Nearly all the leading brokers
have promising deals on hand. The first
sale in this quarter for several weeks was
closed to-day. Black & Baird sold No. 800
Penn avenue corner of Eighth street, for
Thomas D. Messler, the Pennsylvania Rail-
road man, to L. Goldsmit, Bro. & Co., the
Liberty street tobacconists, for 81 500.
The lot is 25xll0. The building is of small
value. The purchasers con ntemplate the
erection OF a large warehouse for the accom-
modation OF their business.
The Burchfield properties, fronting 132
feet on South Highland avenue by al to
to Wilberforce street. with two good brick
houses, changed ownership on Saturday,
the consideration being in the neighborhood
of $35 900. The object of these purchases
could not be ascertained. There are two re-
ports-one that they are in the interest of q
public institution, and the other that they
will result in q large business house. Being
admirably adapted to either purpose. This
is the first important transaction in the
''hub" since the sale OF the Kuhn property,
nearly year ago.
Building schemes, large and small, con-
tinue to come forward. Morris Aisbitt to-
day sold a lot 65x120 on Fra zier street to W.
F. Sunderland, on which he will erect fine
residence. The same firm sold four lots in
the same locality to C. H. jerks & Co., upon
which they will at once break ground for
three good-class houses. William Orton will
this week start two neat frame dwellings on
Sycamore street, Duquesne Heights, in the
vicinity Of the new NJ. E. Church. This
quarter will soon enjoy the advantages Of
rapid transit
The movement in East End property is
quite brisk for the season. Moore & Kelly's
sales for the past month foot up nearly $780,
900. The two largest were for $780, 900 and
$4,000 respectively. Other East End brokers
report satisfactory results for the same
period. Business of this magnitude is a suf-
ficient refutation of the statement now and
then made that realty is dull. There has
ent, seldom more cash sales and seldom
more money seeking SAFE and profitable in.
vestment. Realty is in good shape for a
brisk fall trade.
McWilIiams & Co. a few days ago had a
customer tor the Rich property. on Tioga
street, Twenty-first ward. 1t embraces
about IN acres. They offered $12, 900 for it,
which was refused. The offer was materi-
ally increased, but with no better success
The owner finally said he would not name q
price, thus putting an end to the dicker.
This incident is mentioned to show that
owners are as firmly set as ever against
making concessions and feeling the strength
of their position, they are holding off for
better offers.
Six permits were issued by Chief Clerk
spratt, of the Building Inspectors office,
Yesterday for seven improvements, aggre-
eating $16,S5O Those of importance are:
W. l.. Bell, two brick dwellings, on Pacific
avenue. Twentieth ward, $l2,0 900: Miss Mary
McClsin. frame dwelling ON Aiken avenue,
frame addition. on Soho street, Thirteenth
slso. F
There is talk of extending Kelly street,
Williamsburg, eastward Dy tunneltng under
the railroad.
Waltor Morris, of Morris & Aisbitt, started
on his summer outing yesterday. His
objective point is Cheat river.
Plans and specifications for the Heeren
building, corner Eighth street and Penn
avenue, nave been submitted to the Building
Inspector for examination and approval.
A new town has been laid out near the
city, and the opening sale of lots will be ad-
vertised in THE DISPATCH In 'ew days.
about per cent on the capital invested 1t
is Thought similar concern would pay
equally well in East Liberty. This should
encourage those who have been agitating
this matter for year or more.
"A number of neat dwellings are going ND
on and near Elizabeth street, between Glen
wood and Hazelwood. Ground has been
broken in the same locality for manufacture
ing concern.
The third time should be the charm, It ia
the Euwer property. on Murray avenue, that
no Euwer or Enmer.
Lots on Atlantic avenue which sold last
October at 80 q foot front are now held at
The Mellon. Andrews deal, in the Twen.