New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-05
OPERATIONS IN REALTY.
SPECULATIVE AND INVESTMENT INTER
EST INCREASING.
NV BUILDINGS UPTOwN-sALE OF HAMERsLEY


pRoPERY-co NvEYANCEs AND MORTGAGES.
Speculative and investment interest in the real
estate market Is increasing. The operations last
oak were on a fairly large scale and included
.les for investors and, purchases for Spectator
on the expectation OF a rapid rise for proh-takns
O,eratlons through brokers' Offices amounted IN
,aIe TO about s. 10000. against s2.io0o In the pre-
y5ous, week but these figures do not represent the
total transactions. for many sales Of the week
tave not vet been, made public Every class or
,ronarty was In good demand especially vacant
hts for Improvement and dwelling houses BROKERS
,anorted that there under way negotiations Tor
.sveral large deals which would be closed this
week The May-day tmoving in his city was not
large but there noticeable increase in the
of-town movement. The high rents here APP
near 10 be booming the suburban towns. The down
Town office buildings probably had more shlftlhs
=, tenants than the residential part of tho city.
Holders OF property in the vicinity OF lhirty-
.,v,h.s. near Broadway and Sixth-ave., are IN
terested in the proposed new hotel which Will IL
,s said be built the block fronting III lhh'y-
sxth-st extending fromtBroadway TO Slxth-aVe' a
syndicate has secured a conditional option on the
,roner,v and IL proposes 10 erect thereon lour-
story hotel Plans have already been pre-
oarel and accepted. and they are similar 10 those
Cor the Hotel Majestic. The property is owned by
different persons. and II the syndicate finally DE-
caes to purchase il, price or about ss"'V" VII.
Ia Maid People who hold property in that part OF
,,o c,,v and who are anxious TO sell are hsurihg
IN big profits 4. large hotel IS put up there. In
connection with the proposed sale OF TINS lh'r.H-
sx,h-st property II is interesting TO no'e that my
,oars ago IL sold for $1,000 while'now 1t is valued
9, nearly 81 10000 In Broadway, the number OF
ror, buildings is constantly increasing. and at the
southwest corner Of Broadway and Twelfth-st' a
new fourtcen-story business building VIII soo'.
no begun In lower Broadway the ConsoHda'eu
Exchange proposes 10 add seven stories 10 "o
rresant Exchange building. which Will MAKE II
ctr
far from IT, at the corner of Broadst. ana tx
change Court another sky-scraper Will soon pe
erected The old Johnston Building on tha' sue
"a randlv being torn down. we'll as several other
ola structures in that vicinity. all OF WHO" WIN
ne replaced by fine modern buildings.
SALE OF HAMERsLEY PROPERTY.
pooawav nroperty last week was made
.,aros,inp from the fact that II was sold for the
account OF the Downger Duchess or MARLBOROUGH
who married Lord William Bersford' ne safe was
made almost simultaneously with the "euu'hs'
rh. n,operty was sold by the executors OF LOUIS
:, Uamcrslcy 20 a. j. Ford for Sl22.5vo' ana con-
s,s,ed OF n plot ana building at No. bS6 hrondwny'
Associated with the marriage OF the puchesS, 'n'
statement has been mad" ihat she h''''ei '''V0
nor annum upon Lord Iercsfor'. ana naturally ''"'
estate men IA well ~ others. connect INC recent
roiea 81 property belonging TO the iiamcrSi'y
.,,ate with this report Icsides the sale on I"'"-
day las, OF tho property NJ No 'S6 bro''"ay 'n'l'
hnvc been other sales for the hainersl'y 'S'a''
account recently and real estate men predict 'hat
the Bamcrsley realty 'od'nss IN ms ."y W"
before many years be entirely disposed or
work has been begun 10y S.egel. Cooper co.
Of Chicago in preparations for the'r NJ" 49, Frh
this Sity to 1 BE- g N So Last week the firm
secured a temporary loan OF sl"u" on sne noaIed
s IS sc hS'anss cD in nj 500 bonds ~ per cen,
basis for term Of years BnaIns ,n last week
we ho,ii,ne operations in all parts Of the town.
as reported the Building pa pass ed and
Sc GO. i35 In the amount of money inVoVel'
BUSINESS IN THE WEEK.
The sales in the auction rooms amounted IN VaIue
TO 1851 s2s against soi.s2i in the same week as'
lear The principal sales at'priva'e "a"s"0'0"
last week were the following;
Charles NJ. Heymann CO. have soa ior III.
J Van BserCk to paya 4 NJ M siS5 south
SI brow no11r 6 ogiang s for Sic
gsl J. How & Co. have sold for the Sherwood es-
s a's re bGnS ee1een.h-s An Metz
ger and Joseph Tor aSo No So and 2i
Ans erdam ave two hys,s'9ry pr'cT I,i 49,
Tney have just been begun. and we're sold rom mo
plans R;,,erberg has sold 10 Toch Brothers No.
81 Tbird.ave iive-story brick building for -, ~.
David S,cwar. has sold 10Y Never FOREMAN ~ 80
III lis and IFS West Twene, hist tnree s.
brick and DWELLINGS SIC OF PCT brc
oso for ATehbaaa Henri s Wel 'wS as
also 10 ii west Xineeentrha5sG; all to Jacob D.
hS MaH fT re G has pufSh@sc Isaac B@men'1 10
four lots on the north side OF Eighty fourthst AV
f1 wfS OF Ho1ang have sod for Herman
T39 ffsr, Snd g7oa sn s o on To- nsIa
the a,sr TO y rEe n tTa' Conn nI
"grss " Kalisy Son have sold for John T. Will
inns the six-story mercantile building AZ ' , abot
Douglas Robinson & Co have sold for Mrs Jnan
thrdst private stable and for Henry Dale 10 X,
= Matthews No. los East sxteth-si. private
Rker & Son have sod for John Petit to Martin
5s No G9 a ine iSGfS5Ifa for 5000
CnAerh Francis hay sold for ne CIsne go e5.ae
for for sSGc d"si''"s NO. ~ '-1'' I'M
81 sGn sGd s0f Mrs Mary np
f 1ey 500 and for for william Gray No Ill west Forty
Maad H. Gro6 has purchased the sOpthwest sSs
s' Gaaries Buck has SOLD NJ Townsend no
%esI e about ,S1 S American
Frank Fisher has sod for Jc9n Ha95S9a 10
"a four"story american basemen. dwelling on lot
isxl1 feet for about $1,000 and No y West NINETY
s ssg for about six ssseoo mousse '0' "
NIL M'a an. o., Gnehmdred and-wefth-s $50 feet
West Of seven.h-aye.. for 1000, ,.noa~ GOA.
smith and Edward sykes of me e; snr,
age GEORGE rSe r. Read and George De r Barton have
son 10 James G. Wallace, at $4,000 the prope any
No o2e Fifth-ave. II Is hve-story br9"nstone
front building forming part OF the holtei i,,u' %,
WICK and under lease IL for eight years more a'
$rr per year mex ., .uo.o .b. Woodruff
estate the northeast corner Of Elm ana liowdru hVS
with old frame buildings. at about $S6"O ~ stahu5
sr tho line OF the proposed Elm-st extension anu
when the Improvement Is carried through VIII DC 'e
7, &c renorted that Mills & Whitehouse have sofa
No is East Fifty -eghth.st a four-story Dro""
stone dwelling. at about SO."p - ,,,.ot,
Hoffman Brothers nave sold Tor n. g.. f5cneteln
No 323 Pearl-st.. running through to No ~ CHii1sc
IT.. 80 fronts % feet In Pearsi, l9l feet In CHI
81, and runs through l72 feet The price pad was
S;norge r Read in conjunction with George De r.
Parton has sold No 229 Fifth ave.. siX-stCry Flick
and stone building part OF the Bruns"ick Hotel
adjoining the southeast corner or I"-nty -seVenth-
ST. for $4,000 The purchaser Is james g. Mai,ace
Z,ttel has sold for Clarence True No TT West
Seventy -eighth-st. four and one,haf story dweIns'