New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-25
THE MARKET INACTIVE. But BETTER
CONDITIONS PROMISED.
AUCTION ROOMS STOW LITTLE LIFE. WHILE
TRANSACTIONS At PRIVATE SALE ~
cREAsE-rIlE HONEST UovERNMENT
GLIB OF THE REAL ESTATE
EN.IIANliI


Tie real estate market was decidedly nactv"
last week Tho volume Of business 'on" IN th" p"a-
lie auct,r r,,DrIe showed big deere from me
previous week and also from tn" same week IN l'.'
Tho aunb-t of sllrs last week AZ auction anIpunei %
ssDl,s a4anst 81 'u3,, I'm the previous week In tn"
same week year agJ che sales aggregated }y"'"'
There w.r- several reasons ast w'ak watch pro
vented u active market There was usl!rss ferl-
| ing ON the p,rt = operators. wn' were unWIllnE
- enter into llrfe deals until ih" spring '"A-
! son opened The week w's broken hr a h'IIiF.
which is always disturbing feature. ana the prop
critics wh.h wor. offered were OF So little impor-
lance tina, fcN buyers We're attracted 10 the auc-
. ton rooms Timer" were cDnI.tiDnf however. whcA
Indicated tlt the t.ar Of ih" market WIS improving
AMI tnnf q revival of business Wa near 80 hhn4
The clos. - winner anil ~" near approach of spring
tended q, revive ~. spirits - real estate men tn"
prospect, or active spring srison IN real 's'ii"
are excellent Buyers who hly" been holding OF TOR
,h. 81 ,icht months ou account ~ %" h1ri times
are getting ready - make u'" OF th'ir money 10 r'N
tite luy,s;mrui. There seems % Do tendency
on tl, rar. ~ owners 20 relax somewhat In fnelr
prices AMI 30 fh., ar- wlilns % make concessions
AMI ~. buyers rIW joss hestancy. Their" W' be DO
reason f,r the real estate market T. b" 'if".rss
willingness Of lending institutions - make liberal
advances Money may now be had on e"gi p'','i
amt mortgage 80 per cent. ana IN SOM '"S'@ d"
a. per cent. brokers rei"r. an active inquiry i2i
and loo the uptown districts good many sales 81
houses are heing mil tn. ayTimE i,s S'i H.,
et
has been INDUCED IN Ia regard 20 lower rents for
tenement houses ON account or ih" number "i poor
hndl,rls nave relaxed Ia Their rents ana me poo
pie who hav" been unanl" e. mot rem p"ymrnts
have IN most cases. been helped by churches ana
charitable Institutions.
TRANSACTIONS At PRIVATE SALE
There We're no large transactions AZ private sal"
last wcek but toward the close there were numerous
runs-s about large deals which had been
either brought 10 close or els" viii be- settled In
lob b. . itfg
ness out Of town. we'll as in the city. showed
that there demand for frs. class country
properly Tnr amount OF none H'ro'Dg. Il, w.
sale Inst week showed inaf"rhi lcr'i7" over nv,
previous week. Tn" aggregate 9r sales reported
Lanes y Jarvio has sold to 9. Amsinck & CO..
lor nur" me property IN nnno'rr,t' 'tiMT c.
n y. r.r,ri.l ina. che house owned by Gcorge
. Naf,1un al 10. ~ Wt4i Ffts -'ourfh-st. has
been Sold AZ substantial iucrcAs" over <ongo the
price piil for ID by Nh. Magoun. The other sales
In the rcll estate column Of The Tribun"
ARCHITECTS AND BUILDERS MORE ACTIVE.
TIE announcements for row buildings in the las,
week were few and unlmrortant NJ inc Building
Department plans were ncd for only twcnty-siN
buildings at aggregate cost of $500"
Last week plans were filed for nfty buildings, AMI
week last yrir the number nftt-
Despite the few official announcements made
among the builders ard architects. Ia tho ncNt
few weeks there viii be- an increased demand Toy
builders services. and there IS every likelihood OF
"a fairly activ" spring season In building operations
Reports from out OF town show that business among
the bull"iS IS rapidly picking mp.
The NcW-lOrk Woo Warehouse Company Will
build twelve story warehouse on
the pot fronting - feet In West broadway. 100
feet In Beach-st.. and 80 feet In st Johns Lane
for It's own use The lot bought by the COM
pany last week Gonon & Macdonald have Leased
the ground floor the southeast corner OF Broad
way and Wa-st.. for benjamin Silliman. 20 VIII
lam wilson. the druggist. Extensive alterations VIII
be made to the property Plans have he n prepared
for the completion OF the Riverside Baptist Church.
at Ninety -second-st. and Ans rdam-tvc The whole
cost will be about $4,000.
OFFICERS TO BE ELECTED.
1.-THE Honest Government Cub" recently or
ganlzed by the New York Hcl. if'l'" Exchange
Will meet tomorrow for the election H,,'rs Last
Monday the following were elected trustees of the
club: George DE r. Barton Charles S. Brown, j. j.
C.ancy &. L. ClarksOn. John 9. X. Eckerson. VIII
lam H. Folsom. Richard V. Hnrnett j. II. Hunt
T.. b. Lord. &. W. I.uyster. = Elwood May, An
drew Powell. Douglas Robinson. il. George J."
Sawson. Henry &. Swords. John u. Wndolph. WILL
lam H. Whiting and Frank loran.
II has been decided To have the membership OF
the club open to people outside OF the Real Estate
WILL upon the approval OF the trustees be admitted
as A member The who already members
represent In various ways property interests est-
mated at $500 00O. and Its influence ought To have
considerable weight In efecting reforms In the mu-
ncipal government 1000
The following table. taken from 1.-THE Record and
Guide" shows the number Of conveyances. mort
cages and projected buildings for last week and for
the week year ago: