Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-02
BIG DEALS IN SIGHT,

And Plenty Of Dickeris in Small Prop
critics Under way-Th Vacation Season
Responsible for Apparent 0uietude-
est Sales.
The realty market, while apparently
quiet, is in very healthy condition, espe-
cially for this Season Of the year and under
existing conditions Agents, as rule, are
not complaining that sales are not more
numerous, but are really pleasantly sur
prised that business and inquiry keep up so
we'll Nearly all the agents are able to re-
port considerable number of deals under
way in all classes of property, some of them
OF great magnitude; but, as usual during the
vacation season, the absence Of an attorney
or principal or some one connected on ono
SIDE or the other prevents immediate con-
summation. Dickering in small prop
sespse the sSor srssub.s sns sh:
fact may be accepted as auguring well
for the era that will be dated from the res
toration Of harmony between the iron
good opinion. this era is not far ahead of us.
and agents and owners are making calcula-
tions accordingly.
Home-seekers, as a rule, can do better by
them from their own plans. Professional
builders thoroughly understand the wants
OF the people in this matter and are able to
meet all the requirements of perfect home.
Inc IL, oharaster m OF the houses erected IN flsrs
high. They leave nothing to be desired In
either architectural effects or convenience.
There are many advantages in buying
finished home. The purchaser can occupy
It at once, he generally saves money, and
has wide field to select from. He can con-
troll his associations. OF course this does
not restrict development in tho building
line. Whether bought in q finished state or
constructed to order, the same number OF
houses will be required to meet the demand.
In line with the statement that some big
deals are in process of negotiation, THE
DISPATCH learns that one for a site for
manufacturing establishment that will en-
ploy 1000 men is likely to be closed up this
week. A commission of $40 coo is involved,
which conveys pretty good idea Of the i'm
portance OF the transaction.
The sale of quite block OF property on
Fifth avenue. just beyond the Court House,
sale goes through, the erection Of more mod
ern business houses than now grace that
section will be at once commenced.
Owing to the fact that the work has al
ready commenced on extensions OF rapid
transit to Williamsburg via Frankstown ave.
nue and Wood street, and via Grazier,
Tioga and Wood streets, property owners
along these thoroughfares have elevated
their views of values very materially. The
purchasers oil the Nimick property fronting
10 feet on Wood street expect to
get $50 per front foot for their
holdings when the cars are running, besides
a good price for the rear tier of lots.
Ex-Collector Warmcastle is one Of the
present owners OF the property.
The Hartley property on the south side Of
Fifth avenue, s6x6o ana triangular shaped
between High and Tunnel streets, was about
to be sold before the buildings were partially
destroyed by fire for price approximating
$500 per front foot. Since the fire the deal
has been declared off because the intending
purchs ser did not think the owner made q
sufficient reduction for the damage by fire.
John K. Ewing & Co. sold for Mrs. Retta
s. Ewing to Charles A. Schaffer the property
No. 50 Arlington avenue, near Monterey
street, Second ward, Allegheny, consisting
of two-story brick house of six rooms,
hall, bath and attic, with lot 2Ox100 feet to q
paved and severed alley, tor So, 500 cash.
The same firm sold this property two years
ago to Mrs. Ewing for y, 900.
Black & Baird sold to John Bebhert lot
No. q, in the F. L. Ihmsen plan, Twenty
seventh ward, fronting 20 feet on Golden
street by 120 teet through to Berg street, for
$5s5 spot cash.