New-York tribune., 1895-08-04
THE WEEK in REALTY.
TRANSACTIONS AMOUNTING TO si.2oo.o4
REPORTED.
GOOD PROSPECTS FOR BRISK FALL TRADE N
REAL ESTATE-TABLE OF CONVEYANCES
AND MORTGAGES

REAL ESTATE-TABLE OF CONVEYANCES
AND MORTGAGES.
Though the sum Of 81 100000 will about cover totaf
real estate transactions within the last week, II
considered a good figure for midsummer. The week
before the sales amounted to only 100000 more
During the week the chief interest seems to have
been In the purchasing of vacant land for improve
ments and in private dwellings. owing to the
scarcity in the market OF West Side hathouses this
property has not made good showing as In pre-
vious weeks The general business s considered ia
be In better shape than It was year ago. ana u
the number Of sales continue to be as rreeiy re-
ported during the remaining weeks Of the SUMMER
1t is thought the anticipations OF fairly orisk aue
tumn trade we'll founded.
One Of the largest sales OF the week was made oy
Philip Jaseison broker. OF No. 50 L!berty-st The
property consisted Of four lots on the south side OF
Nneteenth-st., Nos. ia, 1l6, lis and TO- 1t was
sold for Edward Jansen and the purchaser was
Benjamin Altman senior member Of B. Altman q
Co.. the large drygoods firm in Sxth-ave. between
Eighteenth and Nineteenth SITS. The lots are now
occupied by four-story brick tenement-houses.
Though the exact price for the lots was not made
public II is believed the purchasing price was about
s50OOo 1t Is reported that other purchases OF realty
have been made In this neighborhood by Mr.. Alt
man, and that It Is his intention to enlarge the
building which his firm occupies.
A sale made in the OF the week In
the upper part Of NewYork OF property which has
been OF interest to owners for several years 1t being
a plot OF ground the east side OF Seventh-ave.s
between One-hundred- and-seventeenth and One-hun-
dred nd ghteenth SITS. The frontage in Seventh
ave. is 30 feet, and the depth on the side street
is 100 feet The entire lot embraces eight full city
lots. The sale made by the executors OF the
estate OF Leonard Scott, who was for many years
president Of the Scott Publishing Company. ana
had owned the property for long period. The ex-
figures Of The sale were unobtainabe. but 1t u
believed that $4,000 realized for the property.
The of the purchaser was withheld. though
his Intentions are learned to be Immediately to
improve the property.
CLEARING HOUSE PROPERTY.
Yhe coming occupation Of the Clearing Houss
Building, in Cedar-st.. by the Clearing House Az
sociation will vacate an important piece OF real
at the northwest corner OF Pine and Nassau
sts where the association has had It's offices in the
brownstone- front building Real-estate firms are
Interested TO who will secure the old building.
and It naturally supposed that the Equitable
Life Assurance Society would become the purchaser
as its building already occupies almost the entirs
block on which the plot is The company. however,
Is not disposed to give the Clearing House Associa.
ton rs price, 1t Is said II wants between $780,.
900 and s. CO., 900 for it, There are reports that othe1
parties after It, syndicate is said to have
offered 800 900, that the members OF the asso-
citation think that they will ultimately get tneD
figure II the syndicate acquires the property. Its
Intentions are to put up a "skyscraper that VIII
eclipse the American Surety Companys Building, az
Pine-st. and Broadway. 1t is thought the plot OF
land is an excellent one for this purpose Although
Il Is only prospective sale OF real estate. II again
illustrates the great value OF downtown property
showing that although uptown and midway New
York real estate Is advancing the downtown
property where the moneyed interests are centred
continues TO hold It's own.
SOME OF THE SALES.
Among the principal transactions In New-forR
City real estate during the week were the follow
ing: The fve-story brick building on a lot 2oxSs9.
No. $40 West Forty second-st.. has been sold BY
Peter F. Meyer & Co. In partition proceedings. at
the Broadway salesroom, to Heyman Vogel for
ST. 500 The property sold subject to a seven
teen years lease and all the right. title and In
terest OF Mabel r. Levy in the property
Bryan L. Kennedy has sold the two-story ousi"
ness building. with lot is2x2co. in Brshton-ave~
near second-ave West End. n. j.. to Charles His-
gins for 81. 375.
The Sheriff has sold under execution all the right.
title and interest OF William T. Campbell to tho
nve-story brick tenement-house. with lot 2olxSo on
the northwest corner OF Second-ave and One-hun-
dred d-and-tw wenty- third-st.. TO Harry Meyer ior
N5lT.
u y Inpraham G. Co have sold under forecosure
nroceedines No "a West One-hundred and -nine-'
tecnth-st n three-story brownstone dwelling Ioe
17xlColl to the plaintiff. James Floy. for sl4Soo
F. Zittel has sold the plot S5.sxloou on the south
side of ehundred andffth-st about lS2 feet east
Of Columbus-ave for the Lawrence estate. to David
f. Oppenheimer and oscar Hammersohlag for inn
r " Harnett & Co. have sold in partition pro-
ceedings No 252 West Thrtysxthst:. a hve-story
brownstone ,eEement-house, lot 2aXV, TO tne ae-
fendant in the action Jacob e.. w hig'anaer' ior |f-
bryan l. Kennedy has sold in !oreel0sIrs s.,r pro- pro
sfsnss iot asx TO the painti John Pullman for
Slawson & Hobbs have sold at private contract
lots sxic H. on the south side OF West onehun-
drei $50 feet east OF sevehtn-ave:
build on a part Of this property and TO resell tho
rest with a building loan. ,,r
Win ana George Paster the northeast corner OF
stanton and PITT SITS. to Charles Pebler on private
The Hebrew Benevolent and orphan society has
sold the plot on the sGThsa' 5S for s Il
adioins the old Hebrew Orphan Asylum. -, ,
lie 10 Wiam Buhisr the brownstone dwellings
Nos 81 to West each sSnsl STSoxi sonus
we're wis sompIssd ssasps'Sad last as Week Week. ms
Peter Meyer Co. have a. sos cho1ss %ndsr piacs ,Srs
ard one hundred and fifty -second-st: %Sxos lo$x
s5OaxlOl.5s to the plaintiff. John Flynn Tor $zs-
The threes brick tenement-house on IN lot 3!
@ NO. ss IN paron nds se at the
broadway salesroom. to Susan b. Bnne,t the de.
fendant for ; sS sne sale %,h bid Of 5000 and
outsiders then ran It up by bids OF $500
CoNvEYANcEs AND MORTGAGES.
The following table shows the number OF convey
ances. mortgages and projected buildings for lass
week and the same week In 1894;
CONvEYANCES.
1894 1898
July ~ to July 70 -
2 Aug. !.
inclusive. inclusive.
r.., .,,,,ar 23A 2W
s in.",n ,,y,lv ............. $2605 49, $AO644u
>'o1t. ,,h "','',,', I2
Total number I'D and gath WARDS .... - COZ. 90
Amount involved ................ Si-f'fo
Number nominal .......''.'''' II
MORTGAGES.
ro,. ,uu,,or ........ 23G 200
,a .yoa,n. nvoived .......... So 7192.3 669
Number per cent......... .. i.S 49,. -
Amount involved ................ $otc,ovt $'rosn
Number u per cent. loo -
Amount involved ............... >!aS~o.s >h<cooe!
Number at less than per cent. - - %
Amount involved ............... $sSsSO $<'NoooW