The Providence news. (Providence [R.I.]) 1891-1906, 1894-02-09
LAND AND Building.
Real Estate Dealers Are
Feeling Encouraged.
ALREADY THERE GOOD DEMAND
For Lots for Building Purposes and
New building Operations Are Con-
templated In a Number of Localitie
Gossip Concerning New Buildings.

! Az last the dark clouds Wnlcn nave
hovered over the real estate business in
this locality for several months show
signs of breaking away beneath the
| strong sunshine of easter finances and
better times, and real estate dealers who
have been blue and depressed are now
feeling in much better spirit, and are con-
templating the future with lively
satisfaction. During the past
week several large deals I'm real estate
have been made and in the main the out.
look for an active market during the year
is good. Already there has been a con-
siderable demand for lots of land and the
local architects are kept busy drawing up
plans for prospective house owners.
| several large business blocks in the heart
bf the, city are contemplated and the
opening OF spring will be attended with
| great activity.
The largest deal i'm real estate for some
time is that which is now under consider
alton by Messrs Wood, Harmon Il Co.,
real estate agentaat 204 Westminster
street and Boston. 1t is stated that this
firm which, it will be remembered plated
South Auburn and built up that section,
are now negotiating for the
purchase of the tract of land adjoining the
State Fair grounds in Cranston. The plat
includes about SO acres and is especially
well located for building purposes. 1t Is
bounded on the north about 500 feet by the
New York and New England railroad, on
hesouth by Park avenue, and the State Fair
grounds, on the east by Spectacle pond
and on the west by Narragansett avenue.
The plat is part of the A. & w. Sprague
plat and negotiations are being made
with Jesse Howard and Mrs. George III.
Slade, trustee, for the purchase of the
property. The land was purchased about
II years ago by George H. Slade and
others, and last year was brought to the
notice of the public by a tailor on West
minister street named Greenwood, who
advertised it extensively as the "Syndi-
cate Plat" II completed the deal will be
the largest in the history Of real estate for
years past.
Thirty nine lots on the Williams Phil
lips estate on Observatory plat near
OIneyville have been sold to Granville X.
Budlong by the heirs of the estate.
The Brown & Sharpe Manufacturing
Company is building an addition to the
works on Promenade street extending to
the rear of the VIM. A. Harris Steam En-
gine Company's buildings. The new
structure will be several stories high and
| will be completed early.
The Central Congregational Society has
placed mortgage for 5000 on the tract
OF land, with church, chapel, organ, furni-
ture and all improvements, on Angel
street and Diman Place, with the Rhode
Island Hospital Trust Company. This
mortgage covers the new church recently
erected for the society.
A two-story two family house, with
French roof, is to be built on Chaplin
l Ix,T 10 Ix-;,, olola
Narragansett Real Estate Co.
The Narragansett Real Estate Company
is making boom in lots on Edgewood
and Lockwood avenues, between Warwick
avenue and the proposed park drive and
park addition. These lots are desirably
situated.
The Oakland Beach plat, controlled by
William w. Rickard & Co., ~ West
minister street, Is presenting scene of
great activity. The usual yearly rush for
lots on this property is now on and oar
penters and masons are as thick as bees in
their effort to complete the structures be-
| fore the summer months.
| Work on the building for the Provi-
dence Cold Storage, Freezing and Ware
house Company on Kingsley avenue, is
being pushed rapidly. The structure has
attained height of three stories and
will be completed early in the spring.
The estate of Herbert E. Dodge on West
Park and Holden streets has been sold to
John Fl. Coyle for $500.
A two and one-half story three tene-
ment house is to be erected on Marl-
borough street near Pearl street for Pat
rick Dougherty. The house is to cost
| 5000 and will be built by Charles Bros.
II - k..
| the estate on the south side Of Pine stfeet,
| formerly belonging to the late Sullivan
Morton, to the Mechanics Savings Bank
| for 1000.
The annual meeting of the National
Association of Builders will be held in
Boston February 13, IL, ID and IS. The
Builders and Traders Exchange of this
city will be well represented. Secretary
Cady is to present report
embodying much that will
be of interest to Providence
builders, architects and real estate deal
ers. One important matter to be settled
at this convention regards certain clauses
in the constitution relative to specihca
tions and plans in which all builders and
architects are especially inter-
ested. The matter will prob
ably be referred TO q committee
who will take definite action and report to
the association at later date. IL is
hoped that thereby the obligations rest
ing upon architects and builders will be
materially lcsscncd.
New Buildings.
new brick business block, IL is said,
will soon be erected on Fountain street
that will add handsomely to the appear
ance of that thoroughfare. There will be
ample room i'm II for both business Offices
and stores.
The destruction OF that venerable pile
known TO history as Butler Row" has
inauguratcd an era OF good feeling
among the opponents Of the better Provi-
dencc. The ancient rookery has served
the city well in its day, but there b no