New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-12-03
FEW SALES RECORDED.
FESTIVITIES AFFECT THE
REAL ESTATE MARKET.
TIE OUTLOOK FOR THE PRESENT WEEK PROM
IsING-AN IMPORTANT SUBURBAN

TRANSFER.
Thanksgiving festivities interrupted real estate
transactions last week, so that only half the usual
amount OF business done. The most important
sale of the week at public auction was the
property No. i75 Broadway This created Il good
deal of comment account of the low price at
which 1t was knocked down. 1t was freely pre-
dctel that the property would bring in the neigh
borhood of $4,000 as several parcels Of similar
Broadway property have been negotiated for AT
about these figures. What has surprised real
estate men most is the fact that an offer OF $iooo
was made for this same property and was refused
IL Is even said that than Sl6o.VW mas Dech
offered for it, That 1t brought only sSlop at tues
DAYS auction sale great disappointment TO real
estate men The property is considered particularly
desirable and was put up on Tuesday under part-
zion orders in the settlement of the estate OF Jane
Antoinette Gibson. Its desirable situation ied many
men TO believe that there would be sharp cohpeu-
ton for It. but from beginning to end the Diddihs
was low, splritess and close and 1t required 'he
greatest efforts Of the auctioneer TO raise " ~
si3l.O00
There are several rumors about private safes VI
ono of the Asor purchases but investigation fails
70 confirm them That there are number OF large
transactions under way cannot be doubted anu
the prospects are that rcxt week Will bring NUM-
Der Of important sales to light
The outlook for the week is an encouraging one
A rur,her Of announcements nave D"en s'it "u' ~
tho au,toneers both in this city ard Brooklyn.
,ndor mo direction of the courts. Ihere Hyeln'
to be a good demand for private houses anu
is a constant inquiry for small ones. The reiaka,
ZION of the tightncss in the money market mas Liau
an sppreciable effect in the real estate ma
People with money are again COINS snopp ,hnr.
and are looking about to see what pdrga.hin ne in
are in the market. Money Is again See"'"e "
vcstments I'm real estate. ,-.- raol estate
good idea of the vdluc of suburban rear es'" ~
was given in the sale Of the PeatSan es.ae ia
Westchest.r County on Monday lhe dt..id "a
ne4r pelham Manor and the property - uif ~
into three plots fronting the Nihamspfiukss cras
was sold AT the rate OF s2SH an aere 10 80, ,i,
A. I:ergmann II s said that MT bei man, .ha ,eire
chased this lot for others, presumably tns MI
NJ Tho Pcnrsa estate This belief Is mace stIonss,
By the fact that Mr. Bergman recsh'ly 7, 70 9ghe
nyorerty I'm New-York and transferred IL 10 '"e
p,ars.l estate. -, n, tho
Another plot OF nineteen acres was soiu AZ .r rt
rate Of Sg6, an acre, l.. Napoleon Levy ne
third plot of ground. consisting OF ak ana a ia
Ter acres with "A dwelling house on ~ wss So,s
~ rho rate of SiOO an acre This plot also "as
bought 10y George a. Bergman. tne sun sn,s "
Si29 1.a vas the full amount realized % ,he S,L
Two plots OF land offered by IL n. oi ,
shank 4 CO.. No. l76 broadway 10 ease Oh r1nnine
from Ninety-second to Ninety-tnra s,s,. Not
Ninetv-sccond-st. and Astoria Ferry. Ano.her iii Ill
c1nsistins OF four lots. in First-ave.' near WEI"
settled neighborhood ., ,, o ,ar az the
BsnLl Transit Commissioners are concernei' mas
moi affected the value OF real estate hort vi
hvndred-a mi -tenth-st much az the ahhounGe
mant of the construction OF new PARK az VIC
nftv-third-st Real estate dealers nave eNpIesseu
great deal OF interest In the new parh' anu ~, q.
dict rapid and substantial advance IN NaiuoS
in its neighborhood