Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-04-06
CITY REAL ESTATE.
A G0od-Sized Deal Just Consummated
on Second Avenue.
LIST OF LARGE TRANSACTIONS.
Citizens Awake to the Necessity Of I'm
proving Perrysville Road.

Citizens Awake to the Necessity OF I'm
proving Perrysville Road.
FEATURES OF MONEY AND SPECULATION
A sale Of central property of some sig
nifcance as indicating that investors ar
not ignoring a comparatively quiet quartel
was consummated yesterday by Black
Baird. They sold Nos. 1873 and 1876 Second
avenue to well-known business man fol
S38, 900. The lots were %. 6x80 feet each
The buildings are of comparatively little
value. Nothing in the way of improvement
is contemplated by the purchaser at present,
but the outcome will be good business
house covering both lots. There is talk Of
another deal or two in the same locality.
Five Record Breakers.
Large transactions in real estate are not
unusual in this 'tneck of the woods" Some
of them would be considered of prime i'm
portance in cities of the first magnitude in
population. Sales amounting to 100000
or over are by no means an everyday oc-
currence in New York, and are still rarer in
Chicago. There have been halt dozen
such in Pittsburg within the last few
months, and three within week.
There is no disputing the claim of W. A.
Heron & Sons that the sale OF the Leonard
and the Fourth ward school properties to
Joseph Horne & Co. for $500, 900, conducted
by them, is the largest transaction in real
estate ever made in this city. The next
largest sale was that of the Central Hotel to
the Messrs Kaufman for $3.50, 900. Mr. c.
H. Love was the agent in this transaction.
The next in order was that of Samuel W.
Black & Co. of 35 acres at Glenwood to
the Baltimore and Ohio Railroad for some
thing over $500, 1000. Then follows the
purchases by Senator Finn and associates
in the Twenty-third ward, through the
agency OF Ira NJ. Burchfeld, aggregating
about 100000. The ground upon which
the Magee building stands cost about $780,
600. 1t was sold throughthe Black s. Baird
agency.
Each of these transactions has had or
will have an important bearing upon the
material development of the city. The i'm
provement of their Penn avenue purchase,
as contemplated by Messrs Horne & Co.,
will be the entering wedge to much-needed
and long-wished-for revolution in the e1-
treme downtown portion of the city. =,
Working in Earnest.
The residents along Perrysville avenue,
Allegheny, are throwing off their Rip Van
Winkleism, and are awaking to the fact
that if they do not wish to be left out in the
cold they must improve the condition of
that great Northside artery Yesterday
viewers met for the purpose of assessing
benefits and damages, and it is to be hoped
that there will be no conflicting interests to
cause delay. Frequent meetings of prop
erty owners are being held at the Hill
school to urge on the work. Citizens realize
the fact that unless they evince enthusiasm
in this enterprise Councils may be lax in
the matter. People who daily wade in the
mud perhaps do not realize the advantage of
a clean, dry road on which to travel
Strangers, however, see it alta glance.
Special Features of Trade.
The carpenter and the painter are busy re-
and Frightening up business and
private houses in all quarters of the city
and suburbs. This is evidence of thrift.
W. C. Lyon has been announced as one of
the directors of the Williamsburg National
Bank. 1t should be Prof W. c. Lyne-a
man thoroughly qualified by experience for
All of the Mellon Bros houses at Roup-5O
in number-are completed, or nearing that |
point. Some of them are occupied.
The Carnegie Company has just finished ]
several large additions to the Homestead |
works. |
Building is quite active at North Home. |
stead. This place is in high favor as resi- |
dence quarter for Homestead and Braddock. |
H. E. Wilson yesterday bought 20 shares Of |
Pipeage at llL and $50 ut 1lsS.
At the last stock call veStardav Hapyry |
NJ. Long bid 25 for 500 shares of Pleasant Val |
ley, or any part OF that amount.
Alexander Boulton and w. McC. bravo,
having transferred their stock, are no |
longer members of the Exchange,
Eight permits were issued yesterday for |
nine m improvements, aggregating sll s25.
The largest was taken out by R. E. S. Ward |
Tor two brick dwellings on Roberts street, |
Eleventh ward, to cost S4, $50.
Pulse of the Realty Market.
The only event of importance that came
20 the surface yesterday is reported above
Progress was reported in several good-sized
Brokers are devotlng much
If their time to fixing up for the spring and
summer.
j. j. Cupples sold for John c. Schaefer to
Robert Lyons brick and stone house, on
Oakland avenue, near Forbes, lot 25xl3O, for
g, 500.
Philip Benz has sold to Anna Drost brick
rwenty-sixth ward for "a, ,5O0
B. j. Williams sold for David Phillips to
James F. Morrison handsome two-story
,rick dwelling of six rooms with lot 5OxlO6 |
situated on Dilworth street, Mt. Washing
on, for 81 600.
Black & Baird sold to Thomas Graham for |
Paul Haberkorn. Of Montgomery. Ala, a
on Wyoming street, Mt Washing
on, being two-story frame house. with lot
9xs4 feet for 81, coo. i
D. Behen s Son sold for William Oxford
t ux. to Jacob Hershey, lot 20Xl37 feet on |
Taylor street, Sixteenth ward, for 1870
he me tonu nnSni impeovemens g f T company report
lobert Kennedy, lot 40, block II, s742 IS; Rob
rt NJ Martin, lot lis, block IS. $3.50; Thomas
;. Murray, lots 119 and 120. block l3 1875:
frs. Susan Berger, south 20 feet lot II, block
$375: Carmine and Antonio Chiorflle, lot ]
block ], $500 cash; j. Stefan, south half lot
5. block 8, $37l IS.
A. 2, Byers & Co. sold for the Ridgeview
and Company to A. Westerwick lot II in
heir plan Eleventh ward, Allegheny on
n lifOrnip foe |