New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-21
THE WEEK IN REAL ESTATE.
INVESTMENTS RECORDED AMOUNTING TO
sl30o.000.

ANNA oTTENDoRFER-THE CONSIDERATION
SAID TO HAVE BEEN ABOUT $3.50 900
coNvEYANcEs AND MORTGAGES.
one heavy sale Of uptown property on the West
Side brought up the aggregate reported realty
investment Of the last week TO about M's"'oo
Outside however, Of this transaction. the sales al
nrvate contract were OF an ordinary character and
suggestive OF the prevailing summer dulness inc
money consideration in the leading sale ~ s'a'eu "
have been nearly SS50.0oo. 1t represented inc Pu'
chase by Frank l.. Smith. as the representative u
a syndicate headed by Francis NJ Jencks, Oh sew
erai large vacant parcels, including In all 10" io'S
between One hundred and thirty fourth and ohe-
hundred irty seventh SITS. the BoueVaro anu
Twelfth-ave.. on tho Hudson River The 'anu 10
sold by the executors OF the late Mrs. Anna oteh-
dorfer. wife of Oswald Ottendorfer
The following parcels. west OF the nou'e'ao' a.
included In the Jencks purchase: Two lots on me
north side OF One and thirty fourth-s 'he
block front on the south side OF One-hundred-aho-
thirty-hfth-st.: the entire block between ohe-hu"
dred-and-t hirty-hfth and One-hundred-ahd-'mr'y
sixth SITS; the entire block between Ohe-hunuieu-
and-th!rty-sixth and One-hundred-and-tmr'y"s
enth SITS except a plot l75xl0O and 125 feet 'front.'
,rg in the boulevard also an irregular plot. hav-
ing frontage Of 10 feet, on the east side OF the
Boulcyard between ACKNOWLEDGEMENTS
and One-hundred- and thrty-sixth SITS.
Three wears ago last January. the Spngler Build
an
nants was Brentanos publishing house. was de-
s,-oved nv fire This week arrangements were
made by which the big gap left by the hames
will again be filed. James L. Libby & Son. the real
estate brokers' have leased the property. which Is
numbered s. and Union Square and ~ East
Fifteenth-st. from the Van Buren, estate. me
lease runs for years. with covenants for
a renewal for a similar period, for the purchase
nv the owners Of the building which Libby Son
will erect on the site. The latter contains ABOUT
five and half city lots or about l4'Voo square
feet of ground. The new building, which VIII Dear
the same name as the old-the Spingler Building
will be an eigh-story freproof structure. with white
limestone, buff brick and terra Gotta fronts, the
lower five stories arranged for mercantile pur-
poses and the upper three floors for OFFICES. II
will be built of sufficient strength to sustain -FOUR 70
six more stories II the future shall call ior such
an enlargement. W. II. Hume Son are the
architects and as work begins at once. the build
ing 1t is announced. will be ready for occupancy
by May l. 1896
PURCHASED BY THE HOSPITAL.
7, hecame known last week that the Presbyte terrain
HOSPITAL had purchased from Edward fitzpatrick
the plot on the northwest corner of Parkave. and
Seventy -frstst.. fronting 1922 feet on the avenue
and 200 feet in the street for slSOU, subject 10
mortgages for 100000 1t is understood that the
hospital will erect two new buildings on the land
One OF them is to be training school for nurses
and the other a clinic and operating room for the
medical staff. st. Luke's Hospital has been au-
thorized by Judge Slower. Of the Supreme Court
Chambers TO sell seventeen lots OF land on It's ola
property, between Fifty-fourth and Fifty-hfth sts
west Of Fifth-ave. the proceeds TO go toward the
payment for the new buildings on Morningside
Heights plot Of four lots In Fifty-fourth-st and
three in F,fty-ffth-,t will be purchased by James
,St,llman for $395OO0 Four lots in Fifty -hfth-st
will be acquired by the William r. Montgomery
syndicate for 900. and the same syndicate gets
two lots in Fifty fourth-st for $4,000 nfy-foo'
frontage adjoining the last-named parcels will be
sold 10 william Murray for $4,000 Dr. Thomas r.
,satterthwaite and Samuel Kirkland each secure
Fifty -ffth-st lots, the former paying $1,000 and
the latter $4,000 The total amount realized Tor
The hospital property sold up TO date Is $se4c"
Through Kuhn Loeb Co. the bankers W.
Wheeler Smith has secured a loan from the Equi-
table Life Assurance Society Of $4,000 on his
property at No "a Broadway. The property ad-
Joins the southwest Of that thoroghfare ana
Wal-st. !; runs through to Newest and taxes IN
the southwest corner OF that street and Wail-st
In wall-st. It Is numbered 8. and T. Mr. Smiths
present intention is to improve the property by
erecting upon II a modern freproof once puhoihs
the work to begin on May !. 1896.
THROUGH BROKERS OFFICES.
The sales OF the week through brokers' Offices in
ciuded the following
Mandelbaum & Levine have bought No. S2s Madi-
Uon-st southwest corner OF Scanmell-st, three and
four story brick buildings. lot 2Sxso; also. Nos S2s
40 s32 East Eighty frst-st, three three-story brick
dwellings. each 15x5ox9ss These were 500 last
April for $1,000.
N. Bargehar has sold for f. f. shatcher NO. %
East One-hundred-and- fourth-ct.. hve,story brick
TSs Mercantile I Building Company has sod to the
Rev Isaac Van winke the nye,s'oIy A An Ws.
ssmsai Srssn iSr S about - A No. Nv "e'
William jone: ma; sSd Nc 800 Yves, Twenty gysT,
for George, W. Lamereux. to Henry siefkc for
Holman BROTHERS have sold for The Wallace e.-
Nos IS to ss suyer 9 wifi IF sreSs
sioccc Hoffman Brothers, n CONJUNCTION win p
ten years to firm. who will occupy 1t for total
ots OK sGa
st.. between Fifth and Lenox ayes. and the store
pva No on 'Il
she lot xloOl on the north side OF hundred.
Thomas Mcgee Frank smith va3a for or about s. SS
s Sch CO. soa 10 m
dan.avs., for for $500 ''.''''''
% ier Sae esss the
sale Of twenty-four lots and two buildings. com
Gns to
Green OF this city.
CONvEYANcEs AND MORTGAGES.
The following table shows the number Of convey
ances. mortgages and projected buildings for last
week and the same week In 1894:
CONvEYANCEs.
1894 1895
July 1919. July 1915.
Inclusive
Total number BOT GAG
Amount involved 03l 02i 81 2G5e GIG
Number nominal. ................... 1913 III
srotx NH nd Wards 40
Amount Involved ................ $3.50 e76 Sis 55<
Number nominal. 81
MORTGAGES.
Total number ..................... 80 3lS
Amount involved .............$ 80 $50 I33 s44s7 1892
Number per cent. 1877 las
Amount involved $500 $50 $l0f4. sos
Number al b per ............. 1877 l39
Amount involved. .s2743sI6 453 627
Number less than per cent. 80 ~
invni