New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-05
A BOOMING REALTY MARKrr..
THE SILVER REPEAL LAW HAS Han
GOOD EFFECT. MN.
REAL ESTATE MEN SAY CONDITIONS ARE vat..-
ABLE-sALEs OF THE LAST wEEK-Yory.
WORTHY TRANSACTIONS AN.
NOUNCED FOR THE FUTURE.

WORTHY TRANSACTIONS An.
NOUNCED FOR THE FUTURE. -, I'll,
The repeal OF the purchasing clause Of thu M,
man Silver act had appreciate effect on r.. :"
real estate market. Brokers who have been n,..'
viewed say that the improvement which began GAG
the favorable action OF the Senate has con,inu41.t
and that the present condition OF the market Il A..
ter than anv time since the middle Of June, as3
booming market will come just soon as on.,,9;
cial affairs reach a normal condition. ENCOURAGES.
features OF the real estate market the ncrts.s
In building operations, improvement in ,hyt
mortgage loan market and the presence OF sn.,<
traders In the market. The transactions In raj
estate Of the last week were not large or ms.~..
but this duness merely follows the reaction ~
the enactment OF the Repeal bill. Confidence To- =
the future In realty Is unbounded p. ~
The most important public sale OF the week va y
on Wednesday. when james l.. Wells offered mum.
Der of lots in the Southern Boulevard. a part N,
the Fox estate. The bidding was conservative each
buyer trying to cut down the cost OF the land -
the lowest possible figure. The Yuengng Brewery u
sale attracted considerable attention on account.
of the size and value OF the property. The bond,
holders bought the property at an advance OF n.
600 over the liens. The judgment the forecIosur,
amounted TO $4,000. Another important transac.
ton was the sale of the Hotel Casa Alameda A i
Boulevard and Sixty-third-st 1t sold under
foreclosure for 1906 900. The building Is not yet
completed, the builder having abandoned 1t &C.
count OF the numerous liens.
The private sales of properly In the last week
were large Charles T. Schuyler sold for Mrs Mary
Gardner the five-story brick Office building at Nos
10. IA and Is Safest. for $4,000 NJ l.. He's
sold for Clark Brothers the three-story building AZ
No 603 Broadway for sl25,V0, and Charles H.
Lindsey sold to J. c. Barnes a four-story brown
stone dwelling in Central Park, West, for sss.on
w f. jackson sold for James p. Roy the three
rjck-
ave for $4,000 Bakeslce Barnes sold r. the
estate of William II. Gray the fourstory building at
No PA West Seventy-second-st. for $4,000. Fred.
erick Zittel sold for Peter Wagner the fourstosy
brown dwelling No 60 Central Park, West. for
s32 900. NJ. E. Hewitt G. Co. have sold to Leonard !,
L. Hill the three three-story brownstone dwellings
at Nos lsO 1872 and 1856 West Ninety-seventh-st for
$4,000.
Jefferson M Levy will erect tweve-stoy
freproof Office building the plot, 6Oxl02, On
the north side Of Cedar-st., running through to
Temple Place.
Building on the West Side is active. At the
Boulevard and Seventy-second st. Robert Robert
son has begun the construction or an eight-story
fireproof hotel 1t will front l55 feet on Seventy.
second-st and 96 feet the Boulevard In de-
sign it will be somewhat similar to the WALDORF
though not large. 1t will be constructed OF ron
slee and brownstone, with hreproof walls, noors
and partitions Excavations for this building are
row being made Mr.. Robertson was formerly
member of the firm OF James Williamson q Co.,
pig iron merchants Of No. 50 Wal-st.
As published In The Tribune several days ago.
large real estate transaction has been made BY
Kiker & Son. of No. Sol Fifth-ave The sale was OF
property near Bleecker-st., and the price paid for
il was 100000 The purchaser Is said TO be
Western man. Riker & Son refuse TO give the
exact location OF the building or the names Of
the parties interested
There are a number of good properties offered
for sale this week at the real estate auction rooma
The following table shows the number OF convey.
ances mortgages and projected buildings for the
last week and for the same week in 1872: