The Providence news. (Providence [R.I.]) 1891-1906, 1894-04-13
LAND AND BUILDING.
A Big Movement in Realty
Expected in Near Future.
AN EXTENSIVE TRANSACTION.
Work on the New Convent 20 be BE-
gun I'm Few Days-Brucker's Hotel
to be Remodelcd-Chase Estate
Sold-lntentions TO Build.

TIN real estate market has revived some-
what from the apathetic condition UNDER
which il has been resting during the WIN
ter and the signs OF a big movement III
the near future can be readily observed on
every side. During the past week, sales
have been better than the average
OF the past four months, and the tendency
toward investments Is very marked.
All dealers report an encouraging outlook
and the prospects for n very prosperous
season were never better. People who
have held close to their money during the
financial stringency of the past winter are
now looking for suitable investments and
choice bargains are going like hot
cakes. There has been big demand
for property TO rent, and owners ot
tenements report an increased demand Ior
houses. The loan market has been especl-
ally active there having been 81 mortgages
on real estate during the week and 80
chattel mortgages.
A Large Transaction.
Among the most extensive trans
cctions in real estate was the
conveyance by the Providence Cable
Tramway Company of an estate on VAL
ley street to the Union Land Company
for $4,000.
The heirs OF James Richmond have sold
the estate on South Main street TO Ber-
nard Meehan for $500.
The New Convent.
Within few days work on the new
convent on Broad, Clayerick,
and Foster streets Will be
commenced. The convent when COM
pleted will be marvel OF construction
and good workmanship. The plans as
drawn up by Martin AZ Hall, architects,
call for a building 140x94x112 feet, four
stories in height, constructed OF red face
brick with terra Gotta trimmings,
and built in the French Gothic
will be the parlors and
private reception rooms, connected by
q long corridor, and Immediately back of
this corridor will be the convent proper,
entirely isolated. The school rooms and
refectory will be on the first floor and the
remaining stories will not differ in interior
arrangements from any building OF sim
liar kind.
Brucker's Hotel Remodeled.
The old building known as Bruckers
HOTEL or as Westminster Hotel by some,
on Westminster street, Is TO be entirely
remodeied by the owner C. III. Smith.
Work has already been begun on the recon-
struction OF tho building and when COM
pleted, the Holbrook building, az it will be
called, will be among the most handsome
structures on the street. Hoppin, Reed
& Hoppin, architects, have drawn up the
plans and are doing the work. The front
will be divided into two stores having
double indented entrance. Corinthian
columns will adorn the corners and
modern columns will acorn the
entrance TO the stores. The plan
of remodeling Is on the line
OF the Colonial style slightly modern
lied and the second floor front will be
made into great bay window extending
x.rt.. .<l..sas
be of plate glass and copper. The third
and fourth stories will be changed and
will be beautified by decorative copper
work with copper pilasters and
arches and on the top OF the
building there will be a handsome
baulstrade and cornice Of copper. The
entrance to the hotel win be at the east
end OF the building and marble stairs will
give access to the upper floors.
Chase Estate Sold.
William ii. Hall, agent, has just COM
pleted the sale of the Professor Chase es-
tate on Benefit street TO DIR. William l..
Bates. The estate is the homestead OF the
late Professor George i. Chase of Brown
University and is located at 141 Benefit
street, and extending to Wheaton street,
including about 10000 feet of land.
Isaac Gon reports decided boom in
Washington Park lots with a few large
sales impending. The Wayland Park an
mex is being rapidly filled up. Knowles,
Mccain a. Go. sold 50 lots on this plat
last week.
The West Arlington plat, controlled by
Wood, Harmon * Co., is being rapidly
settled. The promise of railroad station
IN the vicinity of this plat has proved
great inducement TO prospective
buyers. The Central Real Es-
tate Company reports business as
being active in the Edgewood plat. Sales
have been numerous with all increasing
demand.
Intentions Go Build.
s. A. Randall X Son, build 1ik-story
one-tenen,cnt house ON California avenue