New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-17
OUTLOOK ENCOURAGING.
,,.~v ADVERTISEMENTS OF REALTY
SALES FROM BROKERS' OFFICES.

,,,-s,Srss LARGER THAN IN MANY VERSION
vryAScEs AND MoRTGAGEs-LAND-
LORDS AND RENTS.
-, business transacted in real estate
,.o, ,as larger and of greater consequence
.h.n in many weeks. and the amount OF money in
s,o,ves IN sales through brokers' of1ces aggregated
rear,v x,5o0Oo0 The sales, which were not con-
6ned to any particular part Of the town showed an
active demand for lots for Improvement and for
residences on the East and West sides OF the city
An encouraging feature Of the market for builders
Was the demand for new residence property, and
seports brokers to the effect that. besides
the negotiations brought to successful close last
week. there still pending n large number OF
Gales which would be closed up this week
The business in the auction-rooms was not large
tut showed MANY encouraging features. 1t is be-
leved that as soon as the Pavey bill becomes
law the business in the autonomous VIII deVeiop
q great improvement. and the weekly reeo'us -
transactions will show bigger returns Reai es'''e
men take for granted that this law "hio" p
Hdes for the holding of all legal sales at the hea
Estate Exchange will be favorabiy acted upon III
the Senate and already there appears TO De d u,s
position the part of the brokers' conn. ~. o.,
the Croker saesroomsto engage s'ahus az ~" ,o hos
Estate Exchange. one prominent pio' 49,,
been an active leader the Broadway saieaioo''
has engaged space at the Real Estate Exchahse'
II Is not possible for both auction rooms 10 40
business on n basis which is for the best interest
Of real estate Nsw-YOrk. and. as the repre-
sentative real ate men have decided that the
Peal Estate Exchange is tine proper place TO con-
duct auction sales there can be no question ABOUT
,be Justice OF the claims of the ast-named place
There are a few men connected with the Broadway
salesroom-which was established TOT the con-
venience of Richard Croker. and enabled MN 10
make money out of real estate IN proportion
larger than almost any man in the city-who main.
TAIN that the fight Is not over YET anu thdt eNeiy
means will be employed to retain the legal SAFES
in favor Of the bill in the Assembly leaves ittie
doubt Of how it will be treated In the senate ana
ebe opDonents of the measure VIII ma that pald
lobbyists Will spend their time in vain
THIS is ANOTHER STORY.
While the outlook for the sale of realty is ex-
tremely encouraging, another story is tod "neh
the prospect for the spring renting season is as
russed Landlords still refuse TO make sensible
concessions in rents and the result is that there
Is no activity on part of tenants to make leases
The spring renting season is not LOW SO important
as the fall because for the last few years more
ceases have been made out from the rst OF oc'oper
than from the first Of May. Last fan the renting ,
books filled with records of property TO let WITT
out considering the cause OF so many vacant mousse
put their property the market again for renting
purposes and they i1ok Tor reS MAS last
fan unless the landlords remove the cause whlrn
made the fail season a failure The landlords should
MAKE a proper and moderate scale Of rents for
houses for people OF moderate means Persistence
one or two high-priced tenants is better than hay
Ing the house filled with tenants VINO pay nou
Landlords say that they cannot get good tenants
II they reduce their rents. This is because they
s s0ps 9 e2sd # P tSs Would
their business the methods employed by banks 'eS
Undesirable tenants. 4 rigid examination Of . a
hle now given TO landlords by slippery tenants.
BUSINESS IN THE WEEK.
rh. ..,.s q, real estate in the auction-rooms
aest week aggregated in value s20,5l9. against
q a55 in the corresponding week last year. Inc
following were the principal sales at private UanS-
action last week;
/ stephen F. Tying. jr., has sold for Mayer Kahn
sba southeast corner Of Broadway, or Union square
eend Seventeenth-st a six-story brick and stone
store and mercantile building, together with No:
1a nasn no details have been obtained from the
broker or the seller Il the pee Upon
about $4,000 qt may be over 10000 ana th al
the consideration IS PSf Two parceis We're pur
chased by Mr. Kahn in the spring OF ra l'' Cor O
modern structure, the erection OF which was con-
frederick Zittel has sold for Edward and Henry
rsh the plot Of eight and quarter lots w es 'nf
north side of Eighty-slxth-s Zg rs for inn
mediate The price rag asre @ upon
brownstone front houses Will be erec'ed o" '"e
Mrs r. A. Brown has gold through o George e,, r.
Read her handsome four-story prick dwehng' VIII, nd
lot at the southwest corner Of Madison-avei ana am
Seventysecond-st. which she recently ON
for s2j6OCD The broker declined TO give the name
OF the purchaser 49,. Ao,.o .o,d tho
The heirs OF samuel Nan Dusen nave spiu with
bot 25xsss. No 6l West Thirty-sixthst'' for ABOUT
StabIer & Smith have sold for John Yue to MI
G W. Da Cunha, No. lO5 West Esn,yio Sn % AZ
E tsds.S'f for abb about $500 49,, -.
William W and Thomas NJ. Hall have sold ihe
TO IL Rese for about 81 900 making the eighth
house sold of row Of eleven completed aoou' SIN
Livingston Rogers has sold d GsSsse f M K No.
a w ,ne T 1Yniis'fry atu' for 81 5000
Nos - and Is West Twenty eighth-st, two FOUR
oh1 R Baker for on about psi ssS nave
Winans & May report that they haze sold for Or
East Sixty seventh-st. and for John Livingston S.,
he adjoining house no p Eas, rent -r
chaser is a well-known New Yorker. who has pur-
the Os two The to cOns
was prshased by Mr. Sngs9n 9% the ne ex
change. about two weeks ago.
! Slawson Hobbs report that they have sold for
stone three-family apartment houses. Nos l2l, 123
and l25 West One-hundred- and-twenty- third,st
gun. A 40 ' iss West Ninety ss4xsoxoos
H. fet together 1ef sS With h three adjoining lots
C. r: Gregor Son have SOLD al private con-
Company the three blocks of land extending from
lone hundred thrty-thrd to One-hundred and
'thirty-fou St. and from the New-York. New
Haven and Hartford Railroad to the East
River. Walnut and Locust ayes. inter
eecting the plot. The property has a
frontage along the railroad, from One hundred
end-thirty-third to One-hundred and thirty fourth
et OF 20A feet same Walnut and Locust aves.
and 2& feet along the river The property COM
k265 coo NV ' ~
John d: Taylor has purchased from Ottenger
tSrotneis and Morris Stenhardt the northwest cor
ner OF me boulevard and ne-hundred and fourth
ST.; i"'okIzs'xlWllxl0l7 feet. for about $4,000, he
VIII improve II at once by the erection Of eight
story fireproof apartment-ho with stores.
The estate OF Joseph p. Baker has sold the two
Jour story brownstone houses Nos IL and ~ West
iTwenty-eghthst for about $1,000