New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-03
BUSINESS INCREASING.
THE REAL ESTATE MARKET GROWING
MORE LIVELY.

tho adiournment of Congress, in the nope 'ha' "
would bring en- improvement in all department ~
trade and now that the adjournment Is a' """u'
there is a general expectation OF an enoou' 49,
80 IN tho business tide. The influence Vi
the end OF the present Congress mas a"
ready appeared In the real estate 'Sf
and tho last week has developer
s,.tons IN realty circles one of the most pro-
nourced improvements in the market mas dPPe"i
in building operations. and In this ci'y anu
la.oe ,bore has been large and appIeV'a'0
increase in the building movement FROM '"' oa,-
norris Of operations from the various pu''I'I9
tres there is every reason to believe 'ha' ,,
re- heon STRENGTHENED to a large extent IN inc az.
,,cek and the leading men IN the pu'
~. ,boro has been an improvement whiCh '0
from, confidence Confidence comes 4i0' ~
iournment OF Congress. - ., s,r,e ef-
The strike in the building trades mas H"N 49,
Zoe, unon building operations as iar dS o"'e -
hrudnos now in the course of Constructor ar -
-, ~. ,,bervise IL has not been factor ="
49, ,,arL., From the number of plans Iieu III '
last week for new buildings, ana from ''o 80 hs
81 money involved ii viii be seen '''''' ,,.
ho.n = surprising increase over the 'oi' ~
week last year and over the "eeh en ,,' for now
,,arv u Last week the number oil p'a"s i0' 10
III. oloa AZ the Building Department was I'''
-, -. cost of S49OS.9l5, against %, inVoNins
cost OF s65s675 in the same week year as o,.o,
+be week ending February q plans lor mn So
h,;5inps al an estimated cost OF s-'i'''''0'
elo1 nearby towns ItKOlt9 VI '"
ing increase come. There has peeh S"a'p 90
h,t, ,nrn for the better in building operations
ava enough y->ck is now being cut Out ny az
,ac,s and contractors 10 keep the pul'uiiie '"'0
bnsv for the rest of the year
rt co,ddence shown by large corporate con-
or,s in the advantages of investing surplus APP.
tai in new buildings is being followed oS '" 49,
,,d,,als and one OF the significant factors III .ie
building movement recently mas peeh inc ~,
of persons in addition 10 professional 49,
who are signing contracts for buildings ''
havo heen known as prominent spectators ana IN
yestors in railways and other corpoid'io
T., tho last wear and more especially IN the ias'
,,.aok hoen prominent in the building department.
of the real estate market. TWO years o Uu
cratic legislating has turned many men i'o' W.,
street to the real estate HELD "hIVh i n.
has been the least affected by the vicious meas
If Congress The end of the session VIII pehe"'
trade in general and the prospects of the end CAV
the real estate market additional actN''! '"''
week.
SALES THROUGH nROKi-E5' "fe nc
In the last week sales OF property throcsh
brokers offices amounted in value 10 .rars
100000. and in the ""c'''' o,,,,a
VAS a better feeling and there was larger Noiui'0
80 ,ransactiops There were more buyers IN the
marker tran in several weeks, ana larry 80
prices ruled all sales under court orueiN ~
spring season has begun. ana the pIo'P'N' 49,
commissions on many sales are good As YET NV
MANY leases which run out in April ana Ma! WIN
mot be renewed unless there should De d he" S'iio
of rents Real estate men report 'hd' NV ~
town movement this year will be larger Una" 10
and that many people will give up their houses anu
APARTMENTS this spring in the hope OF getting con
,assions in rents next fall There are many peop'e
who are being driven away from Ne"-ioiA '" az
count of their inability and unwillnshess 10 pa!
exorbitant rentals to the landlords -
The sale of the Church of the Anhuhc'd''o,
between
a,d seventh ayes calls attention to the apparent
desirabity of that part Of the city LOT pus,.'
purposes The church property was SOFA TOT 81
4On there being membranes on IL OF aoou' S'V'O
Tho number of bids for this parcel were ABOVE --'
and after il had been knocked down 10 Wi'hdi"
poeenve,g representing Il. A. Klein an oner III
advance of the purchasing price was at once mace
for f. 1t is the intention OF the purchasei' II 10
said to build twelve-story business puIoiis vi
rho site and this announcement has already had
beneficial effect upon Fourteonth-st. property III
that neighborhood. In the last two years business
has heen creeping west OF Sixthave. in -FOUR
,eenth-st and many dwellings have beeh turned
into business houses. At one time west four-
,eenth-st was one of the fashionable residence
streets Of the city and at present there are
many old houses with old families in that street
rusiness is crowding out the residence houses but
property-owners who have 10 move uptown Will
be able 10 realize handsomely on their property
The result OF the sale OF the church property al
her OF outside buyers in the market and the plain
,,os in the sale wete outbd by unnterested parties
SALES OF THE WEEK.
The principal sales through brokers' Offices last
week were the following:
Charles Griffith Moses has sold for NJ Goldsmith
to s Tenor lot 2oxl@ on the tasJ slde 81
Observation-Disclosures, on private terms.
Charles 1irifih Moses has sold for Henri Nor
e e Hsm rG Terrace ia feet ii inches north
-irst-st on prHHare Terms
fronting % feet on One hundred-and- twelfth and
75 feet on undred-and-thirteenthst' 70 ieet
e? slaWs s & Hobbs have sold for Horato W.
Thayer TO James Merrihew. the four-story brown
stone dwelling, 2Ox6O xdinng-room extension XIV
No 50 West Seventy sixth-st ana for Edwara
10 40 West Seventy-sixth-st.. four-story brown
stone dwelling, 2Ox6O xextension xlO22 for tOW'
building Company TO Nathan Clark jr. one Ir,oi Of
their four-story American basement private dwell
ings 1!x57xS. south side Of seventy-eighth-s'' a'
story brick IA house and stores 226x7 No. rs West
Houston-st, from Anna NJ Glass for about Sl'% ~
80 East feminist. Sailors Snug Harb0r easehold,
for SGni s n of EoE onf has TSa 70
houses on West End-ave.. between Elghty-thifd
". B. Taylor & Sons have sold for Frank Tilforl
No 1l9 West Seventy secondst 2lNl0-Z Tor sos .1o
brownstone front dwelling 9osx5Oxlco. No. IL East
Sixtiethst.. for the estate Of = Ader NO 10 ftsst
Ninety ffth-st, a three-story and basement brown
stone dwelling property, for Il Walach, ana No.
l0u Lexington-ave.. three-story and basement
brownstone dwelling. for Mrs. j. Grosner.
Charles F. Runk has sold the block fronting on
Eghth-ave. west side. between One-hundred, and
tbiriv.seventh ana One hundr thirtyeghth
sis a0xlcO 10 l. NJ. Hemke for immediate Improve
ment. ,.,
William H. Niebuhr, the builder. has purchased
lots in observation-disclosures twelfth and One-hundred-
and tbir,eenth Sta between Fifth and Madison
anes. and NH erect nathouses on them
Picken & Lill' have sold for W n Picken 10 u,
Tho hrnQ-0
private house No. 2u West One-hundred-and-
twelfth-st lSx5OxlO0; also Of the same row, NO
2S7 West One-hundred- and twelfthst., 10 Mrs A. b.
Seely for $1,000
The block front on the east side of Seventh-ave.'
between One-hundred- and-seventeenth ana one
hundred nd eighteenth SITS, with one lot on eacl
street. making ten lots in ALL has been sod by the
rn. -laA