New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-11-25

TOO MANY HOUSES BUILT IN CERTAIN PARTS
OF THE CIrY-THE BIG PURCHASE OF
GROUND BY A NETWORK SYNDICATE
TRANSFERS OF THE WEEK.
The subject which has engrossed most OF the
higest in real-estate circles in the last week was
he big purchase Of the block bounded by Fifth
and Sixth ayes and Eighteenth and Nineteenth SITS
Il has been pretty confidently asserted that a big
Chicago firm interested in the deal but, as the
article in yesterdays Tribune said IL seems that
no Chicago in the deal, and that most OF
the land bought by New-iork men one OF
the firm OF Rose * Pretzel said definitely that
New-York syndicate had bought the part OF the
block fronting In Sxth-ave. and running BACK for
a distance of 800 feet. The probable cost OF that
parcel was about 100000 Mr.. Rose declared posi-
lively that Mr. Seigel. Of Seigel, Cooper n Co., OF
Chicago was not Interested neither was Marshall
Field. nor L. T. Letter, his former partner one
large store or several business buildings would be
nut up and when finished would be rented.
Frederick Southack. of Frederick Southack Co.
said he could give the names OF the purchasers
hut they had acquired the rest OF the block 'front.'
mg in Fifth-ave. The buyers acted independently
Of each other; In fact. were not acquainted.
Changes might be made in the property, but he
would or could not say what they We're
COMPARATIVELY DULL MARKET.
The market was comparatively dull There seems
10 be no lack of money seeking investment in realty
but the would-be purchasers and the brokers cannot
uree as to the terms There are great many
ales under way. but few transactions were com
peted last week 1t is said that the disagreements
are slight between the investors and the brokers' ana
would not ordinarily be considered. This is espe-
cally true OF the districts uptown 1t seems that
the chief trouble with most Of the would-be buyers
Is that they happen to want certain KINDS or pul4d-
.ngs IN localities where there are none OF the sort
For instance some men who want TO buy three
ha1f Ing
where there are only four-story dwellings, and II
they at last make an offer almost always make one
On the idea or a three-stay price. so to speak, ana
50 It has come TO pass that many brokers are urea
Of life just now.
Some Of the West Side brokers having an
especially hard time According TO one report there
are 800 houses for sale between Sxty-elghh ana
Northumberland fourth-sts The prices range from
1880 to N20pO and the total value Is estimated at
S5OnGD In spite OF this builders keep nght
putting up dwellings by the dozen. If they wouid
leave of for a while II is probable that 1t would
have good effect on the market
THE SALES LAST WEEK
The sales last week amounted to s2s25 $50, against
$0O.4s year ago. and in Brooklyn SS6'''i' against
G10.5S5 in the corresponding week in 1893
Frank L. Fisher has sold for Charles H. farsoh
20 ". W. Hall the vacant corner, l"xlW al
E!gh,ieth-st. and Amsterdam-ave, for Scvv. > IS
Hodgers has sold for James Razen three-stoty
Dwelling. Nlcx5jxS39 at No. 23s West Ihirty-eghlh-
o., for N9GN Jacob ". Mack has purchased me
dwelling No l29 West Seventy-hfth-st bryan l."
Kennedy has sold for Asa A. Ailing to Ralph D.
Ives al SIS 90 No. III West Ninety hfth-st. three
story dwelling. l7x52xl0O feet. taking in part pay
ment three lots and a frame dwelling in Sedgwick-
ave. Kingsbrdge. valued at $1,000
James G. Gardner the owner. has sold direct 10
W. Pyle a four-story brownstone dwelling ZiNi"'
iof about $4,000. Mr. Gardner bought the property
Tor about $500 on November 1884, l. j. Phillips
hss sold for Marx Rothschild Nos Il and % Greene
g. hve-s;ory building. 37Gx1oO. to the estate OF
JOSIAH Bedding, for about $4,000
The trade has been reported by Mrs Rosna Volk-
mart OF Nos $40 and 3i2 Yves; Fifty-nnth-st, 1--WE
story double apartment houses, at $1,000. against
Nos II and Ii Jones.s;
frank l.. Fisher has sold for L. Marine TO Henry
eiausen No. 59 West EnG-ave.. a four-story front
ana three-story rear private dwelling.
Arthur r. Parsons has sold with Berry e. Glen, for
Iunund W Wye. the hve-story brick store ZXl"'
NO lS Bowery. east SIDE TO Gum & Grant VINO
give In exchange a large farm at Shrewsbury y. j.
Inc amount involved is about $4,000
T.. H. Ludlow & Co. have sold for John H. Inman
70 John V. Dahlgren his former home. No ~ west
rh'ysixth-st.. for about So. 900.
mixer q Son have sold for William Dowd his four
story stone front. lot 22xlO0 No. 30 West Fifty
seeond-st. to Gilbert NJ. Plympton for $500
r. Zttel has sold for Thomas J. Brennan the four
story stone-front dwelling. 2)x60xl022. No Is West
L. j. Philips Co. have sold for Peter H. Sweeny
NE plot OF seven lots 15xOc8, at the north side OF
.sntyseventh-st 100 feet east Of Riverside Drive.
W. W. & T. NJ Hall. The price is about $4,000
~ Pehlemann has sold for Patrick Pendergast the
u,ve-story double fat-house 32x$o6xlo22. No 153
1900 i'u''"-S'' " i'ei"iaii h'''''"s'' '
M e Hewitt 60. have sold for Paulna c. Hill
Two single fve-st0ry stone lighthouses, In plot
ihrd Nos. 100 and Ill West observation-disclosures
IuTs'Y TO Hugo ROsendor for about $4,000.
o 70 Eriggs has sold with Address 4 Mitchell the
,Iox@ll, at the south side of One-hundred-and-
Sony seVenth-st. $50 feet west Of Lenox-ave.. for
brothers, at about $4,000 for immediate Inn
thrssaM N. Leo has filed plans for the building Of
OF nrs brick deng. 2sx4o. the north side
-and-eighty hfhst. LIE feet east OF
tsS ennthayee.; cost. $1,000 Edward r. Hurd has
dwelPnaa pans s TOT the building OF two-story frame
b fs.s.s six4o, on the west side OF Anhony-ave.
Henrss..s south OF Mount Hope Place; cost $1,000.
tn Of - a; Bruncke has filed plans for the build
a ~ Two three STORY frame tenement houses. 2x
rne southwest corner OF River-ave and One
su-ano-sixty -nrst-st.; cost. $1,000. Ida l.. and