New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-07-22
IDLE REAL ESTATE MEN.
THE MARKET DULL AND LIFELESS.

soN-LowER RENTALS WANTED.

|
last week. Transactions at both pubic and pri
| vate sac were confined to unmportant parcels
and there was an almost total lack OF lie and
activity in real estate speculation The market was
made up OF Legal sales. which were in most IN
stances hid In by the Plaintiffs and the private
saes small and attracted lite public attention.
Toward the c.ose OF the week there enough
doing to show that the current OF business still
runs on. although in a most modest way. There
are a large number OF transactions pending. but
brokers are unable to bring the negotiations TO a
c,ose. account OF the absence from town OF
their clients. There have been in the last few
weeks rumors OF several large deals but as yet
none OF them have materlazed. The most recent
report in reference to the Robert l.. Stuart
House. at Fifth-ave. and Sixty-elghth-st.. which
1t said. had been sod for 5000. In 1898 this
property sod auction. and was bid in by
the Stuart estate for 5000
An instance Of the condition Of the real estate
market. as far as foreclosure sales concerned
given Thursday the Trinity Sa.esroom.
when two properties were offered. neither Of which
brought the amount OF the Indebtedness with which
It was charged. There are few large opera tors
who In the market at present and most OF the
sies Withdrawn or BID in by the plaintiff in
order 10 prevent sacrifice. There are many small
traders at the auction-rooms every day, but their
ventures are confined within such extreme narrow
limits that The market Is little benefited by their
haunt the auclon-rooms daily. looking for bar
gains that never come They Ike the broken
down brokers. who have gone broke" in Wall
Street but who refuse to move a.ong. They nibbe
and bite at everything that Is offered. but they
never catch on" and real live spectators. who
have yet 70 look back a past. find them
nuisance and torment
FALL. RENTING SEASON BEGINS.
The fall-renting season is beginning In earnest.
on account of the large number Of tenants who
left the CITY in the spring and the number OF houses.
fiat houses and apartment houses that are vacant.
brokers are making Efforts 10 have euccessful
renting season I'm The fall The inquiries for houses
and apartments Is Increasing and tenants who have
remained In town this summer have already In
many cases. received notices from there landlords
requesting 10 know II they intend TO make out new
leases in october.
There is a bg demand for quarters in fl;-houses
where not more than six or seven rooms are re-
qulrcl. The demand. however. is ma !e with an
inquiry about lower rents. and prospective tenants
are making A most active search for landlords who
are willing 20 make out leases moderate terms
As far - can Doe learned there seems 10 be. with
Few exceptions no disposition on the part ~ land
lords 10 make rentals on a lower basis. but there
Is "A hope that holds strong among peopl" who wish
10 rent that there Will he the asS"lfor concessions
in The fail There was a tremendous falling on In
the epring In the number - houses rented The
chief reason ~" refusal or LANDLORDS - max"
out leases AZ lower rentals. Landlords thought
the, could h1ll oui against public opinion AMI that
they could force tenants - terms. II seems that
they were mistaken. for vast movement, 10 subur-
ban towns began anI owners ~ city realty hav"
seen their propcr'ics ilic MI the summer To pre-
, decided action toward 'iucton IN rents for the
coming year n some such action j. taken. the
brokers cnor's 60 make The fallren'ns season sue
,e.sful nili NJ, DE IL vain
PRINCIPAL SALES or THE WEEK
The transactions In the auction room amounted %
h., a. AGAINST t.eS ,-D n the previous week. SIS -
T. ,he week before that. and N5isij In ihe cor
-,-pondlng week a year ago The principal sales
ana plans Med FOR new buildings ln the week ""r"
De following
Rikcr Son. brokers. have sold FOR Frederick
,l!ho4s. TO \ r. be Free 50. - Vest seventy |
lnh.st. "a four story bfownstonc dwelling ON lot
UNplNllr feet. for &a1D This 81. ihc hfr nous" |
od iu 20. new 90 building 80 reporter thti
.nlon.l M Free, is also negotiating trade through
iker y son Tor TN Vest 50" apartment hoh'c |
AlucI AZ tto,r offering a. pait - the trade store /
inI tenement property worm S-"V' on the east /
'Wyon.s Wei,rman and Jacob Isos~nbaum have fled /
,lAns Tor two l,e-tory brick stores. 80 NO. 90 ana
w. East Tweif'h-s' 90 ro.i go" go ,..,.....
nent, on M. hotel ne Sew Netherlanl. Ffiy- |
inth-.t ana Fih-ayg T.? COSY i, 49, -, ,ew I'VE.
tory brick building at SO. @s Gr"en"ich-st, to
I,er1..tt a Gran have sold for John Bushmann to
oht GOODWIN SO 3l5 West Duc-hIndrrl ana third |
~ - three-s,ory hrownstone house. lot 9iN5oNic'.
J5srph f. Seeker has sold for solomon Loeb to
,,. AZ i,,nCI,nr lat s,xe5 for ss5.co
u EI RYAN has sold so 10 West Forty-second-
IT,. r-story stone building Iot -'N'' 'or ABOUT
pstrr ". Os,rander has hled plans for the ercc-
ION Of A nve-storS brick nat house, 2"AsJ. 80 2J |
a., nc-hunireI- and thiriy fourth-st. 70 cost
r'L eathouse FOR the accommodation Of ten fam
lies at 80. ~ West one -hundred-and- hfty-slSth-
q6n K has x @e4 Pa@Si 9F East sG5g GSh
nd thirty -scvcnth-st.. TO cost <26"o
John McDcrmou has nlcd plans for twocstory
ryrnth, IT,, 20 feet west OF Eighth-aye. to cost
Wgrie Johanesson has filed plans for two two.
,ory frame dwellings. 20x3G. the west side Of
he southern Boulevard - feet north OF Home
j. F. and y. 5 rayle have hlcd plans for
Is and 80 Westinghouse. to cost Nz.gn
NJ ,ruhn has sold for Alcxander BROTHERS TO
.milder Edward Judson NO - West Houston-st
,ir Judson viii erect on the land seven-story
Tm & Co. have leased for s. f. Burkhaltc.r The
our-story hieh-stoop brownstone dwelling No. o.
Scsi sixty-scvcnth St. for 1--WE years. at rental
y C"U Weber. acting az executor. has sold a
Ir Soutter the four-story tenement house with
tore and lot. 25xlo 40. $50 West Forty-second-s'..
James Rleecker & Son sold at the Trinity Sales
Dom. under foreclosure nos. 49, 20 ana 'z' N.st
thirty st-st. houses built by l)ort Lyon: The
property was sold under order o. The Court OF Com
non Pleas in suit Of Annie VI Shdler. phintlH |
nd bore Lyon. defendant The property consists
= ,bren 0vc-story brick nathouses on lots 25X9s.9
ach They were sold to the plaintiff for $30.Sl 10
ach. - " ,. -,
Nod nInns for u twelve-story annex. ll5Nl0). to
Is present building in Twenty third-st. II will be
MI Of the same material. and In the same style
g tho present building. and viii be for the ex-
l,siye use OF the company.
cONVEYANCES AND MORTGAGES.
Tho following table shows the number Of convey
nces mortgages and projected buildings for last
audf or
COHVEYANCES.
Isa3 Is0t
July IA 20. July IT. TO 10.
A.,
'lDu ~. rn,tnsi ............ ~ i23
oal number I'D and 2ith Wards ~ pS
n ,,n, in,ol,rI ................ sl17.7O $3.50 G7G
uni er nominal ................-- ~ ~
MORTGAGES.