New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-19
REAL ESTATE SALES.
THE MARKET NOT PARTICULARLY ACTIVE.
A BETTER OUTLOOK FOR THE FuTuRE-INPEovE-

A BETTER OUTLOOK FOR THE FuTuRE-1NPROVE-
MENr IN THE MORTGAGE LOAN MARKET
The real estate market in the last week was not
particularly active. The present condiuon VI VIC
market shows that while there has not been
sneedv recovery from the depression Of the sum-
noer there Is gradual advance toward an active
and normal market. Throughout the week there
has been material increase Of inquiries among
brokers by investors for property. and OUTSIDE puy
ers are making their appearance in the auction
market This is an encouraging feature. because II
shows that property sold at foreclosure is not falling
into the hands OF the plaintiffs alone. with the
execution OF property in Fifth-ave. ana IN 'he
lower part Of the city real estate Is selling al goou
bargains. In Fifth-ave and downtown great
many owners holding their properties AT hgu'eo
far above bargain prices. There is strong 'eho-
ercv toward speculating in Fifth-ave. property
and some owners are advancing their prices 10
almost ridiculous figures
The mortgage loan market showed decided I'M
provement last week, at one time, rates la'l'is a.
low as AZ per cent on good security Inns VIC"
exceptional however, and in most cases II ranged
h.,ween : and ner cent Before it be Of much
advantage to trading and building, 1t Will nave 10
become easier -
The sales at public auction last week amounted
10 ssS752s while in the corresponding "eeh '~s'
year they amounted to 81 277.OG9 The largest sa'e
OF the week was that by the Sinking Fund com
ats TO the LAWYERS Title Insurance Company ana
the New-York Life Insurance Company LOT SiiV'
ooA and $4,000 respectively. The most important
sale at public auction of dwellings was the APPe-
TON house at No II East Tnrty-second-st, bought
nv George f. johnson for s6o,25O. This house was
bought In 1850 for $1,000
TRANSACTIONS AT PRIVATE SALE
Al nrivate sale there were several good trans
actions report I'd. Daniel b. Freedman sold Tot D.
n Fernandez to W. K. Aston the house at NO.
sos FYfth-ave for about $4,000 The same broker
Is reported TO have sold to Charles f. RunK the
house at No 42S Fifth-ave. This property was
bought a month ago by William p Barr ana MI
Freedman from the LAndon estate
Richard " Harnett & Co. sold the house at NO
6 West Thirty -nnthst.. for the Fisher estate, 10
Nine Stauner. for about $4,000
Charles Martin has sold the fve-story brownstone
nst-house at No 4o5 West Forty-eghth-st.. for
Henry Bruning to August Rovenbach. for $4,000
Max Gsrnshyrn. Of New-Orleans. has purchased
through Patrick Farley & Son. the builders a
brownstone dwelling in West Eighty-ninth-st for
$4,000
Henry d. winans May report the sale of the
four-story brownstone dwelling at No. 43 East
sixty-eghth.st. for the Equitable Life Assurance
Society at $500
James l.. Libbey & Son have sold one of the
Hansen & Saunders houses, in West st Eghty-hrs'-st
1t was reported in downtown real estate circles
yesterday that the Lorillard house at Fifth-ave
and Thirty-sixth-st had again been sold at
handsome profit. The brokers handling the prop
crty would say nothing about the reported sale.
Al time in the week the brokers said that
Mr. Havelneyer had received several Fancy oners
The amount Of money involved in private trans
actions last week aggregated 30e50 against sO65,
900 in the previous week. and sG290oo In the week
before that
arces mortgages and projected buildings for last
week. and for the same week in 1892: