New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-27
REAL ESTATE
p1-s1vrss IN THE FIELD.

.. ras.rin,n, &c usual when people are
planning for their summer outings. IN 'o"'''
ties there has been wild specuia'o''. !" ...,.
OF realty and OF every other KIM u r,r,ross
have hesiiaici about entering i"'o ~ -. on
engagements while the intense excitement WI"
,inued NJ tho pr,ducs and Cotton Exchanges
ut is never expected" said welEkno"h ''''
estate dealer that any great volume OF o"'
in realty Will be accomplished during INC 80.
season On this account several 'd's' " ,,
have already taken their departure from ',, 80,
Notwithstanding this fact. there viii De SUN ',
IN the city many realty brokers' VINO WI" "
prepared to attend TO any business o"' 1870
There will be several notable changes III some
OF the best known Office buildings IN Inc o"'' rm'
OF the city. II Is expected. during me S"''''"'
owners of one Of these large buildings In hrod"""S
near Wall-s,.. are now having plans "''"" "
adding fourteen stories their property 'nuS NAV"
Ing IFS height over twenty stories. Inc tribune At
present IS not At liberty 20 give the nam" OF inc
building |, is believed that ;hc improvements -
this property will add value as wen a.
attractvcncss TO adjoining property. ,.,..,.
The frconen, announcements that the Inion 'Iup'
AT Flfh-ave and Twenty frst-st. was lo'N''s 'o'
site for a new home have come 20 ho','"S'
actin, AGAINST the rroposei purchase having been
taken at the meeting held on Thursday 'N''"'s'
For the present The club Is out OF the r'a'-fS'i."
market. In fact. II may hc regarded rs p'r'E W."
niicly settled thai for several year" - 'o''
the club will not move from rs present cinp""S'.
II is purely social club. or an ASSOCIATION OF
men bound together by ties so.ely OF honor al"
good-foNowshp. Il s known that some OF '"c
members 81 this club who represent Dig tor'"n's
are unwilling a cluo Of which they are W'"""''N
should become involved in debt. Tor II - S''''
should a club Ike the Union. With no chart''' c'''
become financially embarrassed. any orc o. us
members might suddenly become personally ue
PENDANT in a suit for any pressing financial 'p"-
cation Of the organization. prominent n'''"''
Of The club SAIL ~ = Trbur. reporter tAat u was
This personal liability" largely ,hai caused Ns
members 10 change thcir mind in regard 10 IN
dorsne the action Of the committee In securing me
proposed site.
Thor are other institutions in tho market wAch
are quietly watching for bargains in realty J."
f,ct ii Is rumorod tha, an * '''d.nsy large 'a'
estate deal has been ,osol, and that me ih''S
about IL will soon be- announced
An item which figures larsoy IN r'al'Y a.
present is that of Ere insurance About iour yeas
ago" sad a wcl-kuown Insurance man. IN" fire
underwriters c5lrg business in this ci'y formed
FOR ec'f.proiccilln what is known as a farm asa'-
cation Ry this association rates have been main
talrcl ari ;hc irfurancc business Is no" on
more substantial basis. Prior 10 this mutual agree
mont between the companies. the Insurance p'S'-
NOS showed year after year a continuous loss ~
much ~ ~ reserved capital In fac'. many com
rani,s we're driven ont - business on account -
ir,uaro! capital rcsuliins from tho ruI1ous rnt"'
~ premium charged ln order 10 secure hn'.ness.
Macy Fneli-h. Is VOL as American. companies. u
IS said. Lost an @; their reserved capital in irving
% 10 business - tho OH rates. The companies. y
Is said are TON rcgl!nnS much - THIS l'f' 'api'l
by the improved methods. AMI n measure mn,
giving me Insurance companies better prospects 10y
Indemnity 20 ihc insured -. ....
There are som" owners " f'aI'! Ut ,n.,',s
whose recent experience win certain !nsur"n,,"
companios h,s rrovci IA RON Satisfactory IA
knosu real -.eta'. Investor. "ah1u' certain com
pan!cs rrao ''oay f,lndains gsr' o. ne o'' a5y
names. = large siy.s'ory building go .hroal"ai ~
s,royed 10y nfe last fall A. tho tine ~ n" IRE
THIS building hai an annual rental OF h.'t ,s.o
testimony Of several veil known export hpNi"is
that tho property destroyed POS fire ,olld n"' ~
h.: orer h5aeyer' %, sc.'icmoni made mus ar
by the insurance company f 49, "n'oh 'h'
r n' hl r,, q..s a." ia,, nsrk nss
n bllinr Thc brokers' private sales Aurrz iac
as' week WI, ahou, . Icr cent icsa "a nnmbgr
IN volve an aggregate consideration ~ about u 10
~eek az Gsir I've - lat weeks ,aie- cal 'or *
figure Investments. none % which reach 5000
There arc some larger d"ai' pcninf NAY are hourly
e.nectci 10 be- announced 80 finally co.
mortgages f.r last ""'k r'n'c' ~ Sg'. a. cnAns"
~ volume - business as compared win ~" pre-
vious week But wren compared win me 'am"
week ~ last year. 10" convey ances snow an I'M
rrovcmcn' o. about g Ter cent larger ia ID" aggr"-
gate As mortgages ~ property. IN" '"Nhfl fIf
NJ .n,y rcfic.;ei I'D lncrcasel amount ~ business
compared Win The preceding week
Another office building IL 20 b" erected 80 the NJ
town business district The specifications - the
architects proyl. f1r skeleton stool structure.
altn q lrsf-s'ory front - granite and brick. and
terra Gotta ahoi. The building is 20 D." ten
stories s'ne 1Nio" ana ~" site At Nos - ana 10
West Tw.uty-cighih-s' Estimates are now beng
received for rs construction. The removal of the
buildings low Occupying the site has already n"en
begun. ana work on "a" ne" structure VIII begin
by June
The Ward cs,atc In tAe Twelfth ward. is about
.. Ia ..fl Oh t.IIt ID -
Court Thor. are four heirs named. George Bar
clay Ward Beverley Ward. William Delaney Ward
and Annie Parsons kountzc. tie latter being IN"
wife - Luther Koun;ze the banker. This prop
er'y Includes about twenty seven acres pn Wash
ireton Heights. commanding a I'm" Vie" OF the
Hudson River. II Is penetrated by IN" historic
K!ngsbritgc Road. the boulevard Lafayette. known
as the French Boulevard. and Fort Washington
ave or Ridge Road Thomas Barclay the an
In isgl ana IL has remained In his family ever
since The late Susan y Ward. tho mother % the
present owners, the graz ddaughtcr ~ Thomas
barclay Her death occurred In 1893 II was before
the accession 81 Queen Victoria 10 the throne Of
Grca, Britain. In 1851. that Her Majestys father.
Edward. Duke OF Kent. honored Thomas BARCLAY
with - visit. ana was a guest ~ the old barclay
on this property. Several streets OF
New-York cry are named after the members OF
this family. such as Earclay-s'. Ann st. In memory
o' Annie Barclay, AnihOny-sr.. after n brother Of
Thomas Barclay. and pelancey-st. in honor OF the
Delanceys. who are related TO he Barclays. The