New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-09-23
REALTY LOOKING UP.
THE MARKET GROWING DECIDEDLY
MORE ACTIVE.
INCREASING VOLUME OF BUSINESS AT THE AoC-
TON RooMs-AN INTERESTING QUESTION
WHICH DECISION OF THE


TON RooMs-AN INTERESTING QUESTION
WHICH DECISION OF THE
COURTS AFFECTS
Som. real estate men think that If the decisions
sf the courts are 10 be relied upon when me que'
ton OF the ACCESSIBILITY of Offering real estate "
auction at this particular time Of TINS year IL d.
stake the conclusion must necessarily De reaV"'u
that the present time IS not propitious TOT SuVh
sales. Las; week Surrogate Fitzgerald hahoeu
down a decision restraining the eXecu'o's "
the BENJAMIN Richardson estate from Seii'i's ~
real estate at auction as had been adVer"Sce' -
had been argued before the Court by couhSei io'
the heirs Of the estate that the time was not FAVOR
able for real estate sales. and afhoa''S 10 ."''
effect were presented by prominent
men To Offset this. the executors OF 'he es'"'e
n-esented afidavits from other prominent rear
estate operators denying that the preseiI "'",
was not propitious for auction sales OF reaNH' "t
declaring that all the conditions were such tha'
the property ought TO be sold ana wouiu 'i
satisfactory prices The Court dld NOT neou'
drectly on either Of these points connihS us ie'
.o,s for restraining the sales to the facts lnVoN-
ing the foreclosure proceedings and those dfec'eu
coward the removal OF the executors from ther
trust The .eal-estate men who sad t"a' '"e
time was good for auction sales naln'alieu ''''
the Court did no. indorse the opinion OF those VINO
said II was not good, while the lastnamed lac''o'
tb,nk tie Court did take its advice ana acteo az
ora,,rlv This is what the Court said:
ON view Of the purpose of the holder OF the mort
cages TO postpone the sale OF the premises III inc
action brourh; for their foreclosure ana Vi inc
ns,aency of the proceeding before Judge Arnold TO
rer,ove the executors, the latter should De re-
strained from selling any Of the real estate OF the
testa.cruntu The determination OF such proceeding
CAUSE FOR DISAPPOINTMENT.
U,o.ber or not the decision was based upon the
mdavi,s OF those who thought the time bad Tor
sale tho fac, remaips that some auction safes .,
reo,,v were made last week at hgures "hich seeie"
90 show that values being maintained Inc
,ncstponep,ent OF the Richardson sale vas ui'ap
pointment. because ii was the hrst saie u a"'
consequence announced for this season. Inc prop
eres were al desirab:y situated and likely 10 SCI.
we'll and II was thought that the SAFE "ouu sNe
a great impetus 10 the fall business
=, now seems that the old estates are taxing ao-
- o- tho condition of the real estate market
h making purchases of property in desirable si'ua
lions where values will soon be greatly eh''a'e.u
The Aston estates purchase last "eeh lioi' ~
Iearsau estate of about 100 acres Oh iano 'h ''
Bronx and Pelham parkways and the ROAD rom
Wiliamsorldge to West Chester 1or s''o'" - a.,
.xap,nle Ct what the wealthy estates are DONG IN
the real estate line. 1t was nothing more man
snscu.atjon and was not purchased win any '"
or holding it in the family The agents OF the Aslo
es,ote are making purchases of real estate u 'he
.,u nards of the city at every favorable OPP
rortnnity and are selling them just as soon as d
good profit can be realized The "ei-hno"" po".,
- The Aston family in regard TO landed investments
IL not being followed in the purchases /. Is i'"N"e
nowadays in the upper part or Ne"-io'"'
MORE ACTIVITY SHOWN.
The real-estate market last week showed an en-
couraging Improvement and sales of realty al auc
.Ion were on a l1rger volume than IN many previous
,yssLs Al private sale good business was zone
ra esneciallv in property the West side IheIe
IS a big demand for houses wes' Oh Oeh''a' -"
and brokers report that the house-puyers ou'i'"i'
the West Side dwellings that are IN the n'AlMe-
There were number Of rurnors curing IN tne s,ion
shont large deals in realty but little ln1or,haorO
could be concerning Them 81 sewn whch no
Ssan,s details could be learned. They ncuae dec
parcel in West Broadway & s another al in Mott
ST. at $4,000 The biggest transaction IN tne wsen
S Sos,s closed w Sn t Tha NINTH
from Mr. Parker largo esTkfg Nj Grand View
and Alta parks at Mainaroneck 5oo oS 'a'ue "a ''
AT THE AUTONOMOUS.
The sale in the aucton-rooms amounted in value to
1862 against sl9s767 In the previous week. and
$l2siO in the corresponding week last year. In
BROOKLYN the sales aggregated sl2oOS7. against s2s4p
in the previous week and sol.C7S in the same time
in 1898 The following were the principal transac-
Frank ; Fisher has sold for Messrs. j. " and
A A. Teeis thc story brick and stone dwains
No 34S West One? hundred-and ;weaty-hrs'-s'' size
iSxssSiS9 MR. jaeks0 oa for s H. Smith the four
story stone-irOnt house. with lot. DxlO22 NO 40
West Seventy-sixth-st. for $1,000 =, 49,
E. G. Pierre has purchased from H. Dose for a
New-York syndicate. TWO sX-story stone apart
the south side Of c tn soSs e
sisSoS F ztie has sold for Eliza J. Arksn6urgh
No. l29 West seventy-htth-st four-sdoGy ln1iana
LYMAN has sold 10 s0 East Eighteth-s, three
story dwelling, lot 2Jx62xlOe for *35Coo. ,o
EGTS5d HP on nas SSa Ho West SKY
eg1ths, $4,000 John - GOldng has 3aTu s9 og q, 70
acres, and a dwelling in White House. ~ j.; for
about 5000 Donald TG9 he d aG naS with ffu lot
lSx55xlOo No g. East Egh,ieh-st. for about $s5 go
D enne Herson Msrke The price
the neignborhood of 5000 subject to nrst NOR
E fs Gi france mPany Thomas Rich
sold to sayles IT will be impT0 "rcbasea from
George Medd 10 $ FoTsyhs, iwosi0Ty stone
s sad5Sh r faoS S5 as 5 5Rs Holy Martyrs ,0' aD0'
Kaeppfei & BROKER. brokers, have sold for Ewald
he east side Of cranave near One and
sixty-fourth-st. TO John Someryle q CO iof Ss4Vo
four two-story dwellings. The Same brokers have |
SOD for John T. 9rsn H hs @ fTa@s Swe
Otto Hamburger for $500.
F. Wilson 30 2ss West one.nGndred and twenty
rst-st lo9r,stoTy st%ne nah1nse lot rl lS1 nall
men, plot Of seven acres at Painheld' n j. and
Lespinasse Brooke e. Georges have sold for ex-
Judge Horace Russell to ". c. ADAMS a four-story |
dwelling, 2SxioO No. A West Thirty-fourth-st'' for
Frank /. Fisher has sod for John Casey, the
builder the four-story private dwelling NO Is West
Eighty -eighth size 20x55xl0O and extension. to
Mrs II Morganstern for 10000; also for Perez NJ.
Stewart tn. four-story private dwelling No. %l
West Seventy seventh-st. size Nl55xl1. 10 Mrs. Fox
for s3S.500.
PLANS FOR NEW BUILDINGS.
St Stephens Lutheran Church has flied plans for
the building of a one-story brick church in Union
ave-, west SIDE 100 feet south of Onehundred-and
sixty -hfh-s So 900; also for two-sto"y wood
dwelling adjoining the church cost $500. Jaco.,
Aattern has fled plans for the building Of a six