New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-05
NETWORK REAL ESTATE.
IT A. SHERMAN THINKS FALL RENTALS
WILL BE HIGHER.
,>,o,yp,rs HAVE BEGUN EARLy-LEAsES FOR A
TERM OF YEARS IN DEMAND-NNfiD
GROWTH OF THE UPPER PART
OF THE CITY.

OF THE CITY.
x,..r, A Sherman is a member OF the firm OF
p,,h.rd Uarnett g. Co, real estate aucuoheeis
and general agents in that line OF business LOT .ne
last thirty years. Mr.. Harnett Is absent iron" -"
CITY and will not return until ABOUT o0'oO,' -
Mr. sherman is frank. outspohen 100
man and gives expression TO his views without e''-
,o,,on To n Tribune reporter yesterday MI ohe'-
man said: 49,, .,,ou,, ,ra,,
..rhe real estate market is looking unusually wen
FOR this season OF the year. As great many peole
are out OF town Just now, we cai'o' 'o0" ~ s,.
change before October !. You know we mus "''
LII .,rrsr vacations and the yacht races are
,vor before we can expect those who nave io"'y "
invest TO settle down TO business o"' ~
return think things will improve -.
"a. - rar.als in nv judgment they Will pe Hio'e
,,ornanent in their character and at niue i"s"o
figures than last year, which was reans ~ 80
This season the inquiries Tor rentals nav. -
unusually early. There mas peen al 80 vvss,
n,.,v demand for small private houses on 'he "ee'
ga .hovs TIfty-ninth-st. and also IN tha' seVuo''
:, IN. Vast side lying between Tenth ana fH'!
ninth SITS In the las-named locahy 'heIe "'e
xy.v, constant applications for smaH muses. o"N
SUNNY IL extremely limited Nearly every o'e WV
r.nt. a house in that district nowaoays wants |"
Las. extending for Ave ten years IN ofue1 "
,nsmre continued occupancy. These are h"" "a.
TO secure and indeed. 1t is difficult 70 se' 80
:, ,,,s k,nd except through the death OF an o"he
and the disposition OF an estate Dy 'ie ,arra
last wear was poor year for disposhs Vi a ,ne
houses. such as usually sell for from vow" " SvV'
on Now there Is great deal of inquiry ior Jus'
such houses People do not feel as poor tf's !'''
as last , .ao, 70
This firm covers the entire city with respec, ~
us dealings and sells at auction many supuiO""
rroper,ies This last mentioned line OF Hsrn 80
T. most active in the spring Consequently '.e' ne
little Of this class OF investment atuacHre ou s,h
market tust now However, the markvt ~, nassf,,I
,rhan property has been on a nlsii,iy ~, no va
basis. notwithstanding the limited safes '""' -"
YES we know something about the le i,,ricf
and Twenty-fourth wards. and DeneVe liiiS hn %
Is likely to be highly improved 5y rSa aayork New
that corporations such as the Ne" rntra, and
Haven and Hartford. the New o'h n.onniss are
the Sew-York and Harlem railroa1 compa H. ,av
besnning to recognize the possioihtieS III inc pt~sy
Of local traffic existing SeyGha b aae accommoda.
and their willingness 70 provide p'iuse
.srbs improvements on the West SIDE espec,Mny
q, Tho netg hborhood OF kingsbridge, ha'e w.. =.
1u ~ houses have been erected in that locah'!'
nnIv lust TO say the cable road has zone a
great deal 10 improve all that properly 90 Idr as
the East Side is concerneG4, , norm es might say
shet the community would be largely Denenteu !,
Tie old horse car line could be speedlly trans u
into an underground trolley system rms Is oi,iS a
question of time, and the advantages OF SUCH d
SSvster would be highly advantageous =,
"sperhaps IL may not be amiss Tor me 10 ga! ~
,bis connection that real estate mas been posluNe!
Improved by the'energy SHOWN IN I!e C,na,
ing Denartnent OF this city do not Know Coiohei
Warng and never saw him TO my kHo%iedge en,
40 know that the streets or New OF are heps
in a cleaner condition than ever before ne Pe9pe
annlied properly to the work ana mat not cent vi
4, goes into any political iunu.