Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-03
DRIFT OF REALTY.
Special Activity in the Twenty-Second Ward
More Medium-Priced Houses Going
Tp-Some Big Deals in Allegheny and

Special Activity in the Twenty-second Ward
More Medium-PrIced Houses Going
Up-Some Big Deals in Allegheny and
Along the Electric Line to Bellevue.
The less threatening aspect of the labor
situation is having a good effect on the
realty market The surface is becoming
less placid to the casual observer, and those
who follow closely the markets variations
note an improving inquiry and more of a
disposition on the part of intending buyers
of small means to do business. The scare
caused by the rioting at Homestead and the
shooting of Mr.. Frick is wearing of, and
this is producing favorable effect and
causing a more confident tone. Just at
present the Twenty-second ward, south of
the park, is the scene of the most activity
in lots for medium sized and priced resi-
dence properties. North of the park the
surroundings and locations are such that
property commands big prices and demands
more or less costly residences. There Is also
an active movement, or prospects of one.
on the north side of the Pennsylvania Rail-
road, between East Liberty and Wilkins
burg, along the route of the Citizens Trac-
tion extension; and agents controlling prop
erty there, as well as owners, are likely to
be busy for some time to come attending to
safes ana reSaleS.
As showing the drift of business in the
East End, not for from the sections referred
to, an agent notes the fact that block Of
new residences erected by prominent con-
tractor have changed hands in the way of .
trade for vacant tract OF land on which
number of nedfum-priced houses are to be
erected The deal involves about $40 900. 1t
is also noted that 1s lots in the Greenfield
avenue plan are about to pass into the con-
troll of a gentleman who intends erecting q
modern dwelling house on each lot.
The East End is not the only point Of
activity. Take nearly the extreme opposite
direction, for instance. In the northwest
ern suburbs of Allegheny, and down the
Ohio as far as East Bellevue, operations are
being conducted on fairly large scale. As
Allegheny real estate agents, report the
sale for Gustav Werstedt to J. r. Smith of
81 acres in East Bellevue, which will be laid
the new electric road. SpTR The price ice pa paid T was IS
$4,000 The price Is pretty stih one, but
it is only additional evidence of the great
value OF rapid transit to suburban property.
Another piece Of evidence that Allegheny
City real estate is keeping pace with the
times is furnished in the recent operations
Of CONGRESSMAN Stone. He lately purchased
the residence property corner of Fayette
modern brick house of IL rooms, for s19, 900
cash. Another deal in this section OF some
magnitude. involving some $30O0 or So Is
pending, and THE DISPATCH will probably
be able to give the bill of particulars to-
morrow or next day. According to the
agents, property in the neighborhood
mentioned does not need any bulling.
Robert F. Shannon recently purchased
from Mrs. Margaret Nevin s3x1, 900 feet on
4ho Al H-,.
for 81 per foot, the highest price ever paid
for unimproved property on that road. The
lot sold was portion of the Nevin homo
stead property.
John Fite, who purchased the Denham
property, on Highland street, running
through to Nesley avenue, is spending be-
tween sc, 900 and $50, 900 in grading and i'm
proving the tract, and expects to get 500
per foot front on Callowhill street. Mr.. Fite
will erect q handsome stone house on the
property for himself and also one for his
brother.
Morris & Aisbitt sold lot for Walter Nor
ris, on Juliet street, Ax116 for a price ap-
proximating $500. The purchaser will COM
mence the erection of a dwelling on the lot
next week; also sold a lot on Frazier street,
65xl20 feet, to W. F. Sunderland for 81, 800
Mr.. Sunderland is now excavating for a cell
lar for handsome residence on the lot;
also sold lot No. 1s, in the Oakland Place
plan of lots, Mx1O0, to A. W. Ruple for 500:
George C. Chambers TOR $500: alsolot No 10,
in the same plan, S2x1Oo, to George W. Hos
mer for $500.
william Jenkins, of Hardy & Jenkins. has
purchased building site on Boquet street.
facing Sylvan avenue, Oakland, and will
erect thereon a handsome residence. The
site was purchased through Morris & Ais
bits agency.
Black & Baird sold another lot in the Ittel
plan, being No. 16, fronting 40 feet on Arthur
street, for s. 900 cash.
Reed B. Coyle & Co. sold for Thomas 8.
Stewart to William Scanlon a property
situate on Norton avenue, Thirty-second
ward, Mt. Washington, city, lot 25xl0O feet,
having erected thereon small frame dwell
j. E. Glass sold for A. c. Watkins a lot on
the northerly side of Parker street, near
OHara street, Twentieth ward, size 30xlOO.
for 81, ,450.
John K. Ewing & Co. sold for Henry E.
Woods to James Wright the property No.
100 White Oak alley, Third ward, Allegheny,
being two,story brick house Of four rooms,
with lot 14x90; consideration, 81. 200 cash.
The Burrell and Kensington Improvement
Companies report the following sale of lots
at kensington. the new manufacturing city
on the Allegheny Valley Railway: James
NJ. Nc Bride, Corapolis, lot SO, block 8. for
S7S7 80; Frank d. Matteo, W1lmerding, south
10 feet of lot 70 and north 10 feet Of lot IA,
block 9, for 1915: Charles Z. Springer. Fayette
schaub, Carrick P. O., Pa, lot ]. block q,
for $500; Edward j. and william q.
KourbeL Jeannette, lot 34s, block 25,
for 1894 so; William Gibbons, Homestead,
south Is feet of lot 25 and north 10 feet of lot
2o, block s. for 81 ,450; Chambers Glass Com
165, 166, 167. l6s and 1859, block 26, for "a Al so;
and lots, IT, 173 174, u.s. 176, IT. 49, l79, $50,
1sl 1872 lS3 1s4, 1885, 1885, 1877 for S. 200 also lots
424, 425, 4s6, 427, block 25 for s., 175 and lots
466 4s7: 4ss 4sa 40. al, ~, 47a, III and 175.
block rs, for s., AIS.