New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-29
REAL ESTATE.
p1rSINESS IN THE FIELD.

BUSINESS IN lTiE ricbD'
,ro some who believe that the activity IN
,v,u street will be detrimental 10 tne reu
80, This may be true temporarily put "e
maj Ao,Ler remarked the other day: III you
49,, Matched the progress Of things N the pas
ou viI know that active market on tue "
I-vohorqe Is always followed by ACTIVITY III
roo,ostate market. inasmuch as those VINO Nm MN,
,,onev in stocks accustomed to put n''''
a,ro, ovorv now and then In real estate 1hete arc
1870. ,ho ara making money now IN wall street
~. Tho ir,nrovement In prices and they VIII SEEN
~,o,o,t investment OF their profits IN real estate
on this island 49,,
Much has been published recently in regard 10 ''e
imnrovoI rapid-trnnsit conditions resulting from
tho Introduction OF the cable system one o. '.ic
offoc,s "a visible in tho carriage shopping trade LII
tho oId davs OF the A. r. Stewart store, at Broai-
wav ard feminist, the Broadway front was az
s.avs surrounded with the vehicles Of those VINO
drove 70 this establishment 10 do their shopping
To.dav a carriage is rarely seen on the Broadway
front OF Hilton, Hughes G. Co.. but the carriages
,ra ,lravn I'D on the side streets and along Fourth
ave II e also evident at the carpet store OF w "
: sloane The tendency Is 70 attract prominent
retail merchants 10 Fifth-ave. in search or sizes
for stores This thoroughfare is unobstructed' the
old stages being unnoticcable In the thronS OF
vehicles passing up and down. It is known that
,,hin the last week efforts have been made 10 Sc
cure locations in Fifth-ave for high-class retail
stores particularly socitous OF the retail carriage
trade case in point was given to Tribune re-
porter a few days ago. when a building In f1fih-
ave. which has yielded $1,000 a year under great
nressure on the part Of the lessor 10 secure mat
mount has been rented for $500 with effort
on the par; OF the lessee 10 secure long term
lease and the owner ndisposed to 90 beyond the
period Of two years on the same terms.
Some few important sales have been made during
tie last week but not more or Of greater signih-
canoe than might have been expected a, any time
cir in no m q
The results Of the auction sales form aggregate
of $50 So Last year the total amounted 20 ss39632
for the CORE spending week TIE private sales ag-
cregatcd fpr the last week about 100000. and for
the month slOG0oooo and FOR the period from Janu-
arv to the present time 1885 200 The statistics
OF tho real estate transfers and mortgages for last
week Indicate a larger volume Of business as con-
trastcI with the corresponding week OF 1891.
The total conveyances of last week recorded 25'
Of which los nominal the remainder being rep
resented b. S3c7l,si4 while for the corresponding
week OF las, year the transfers numbered 81, Of
which ~ were nominal the others representing an
Investment of s2.s5 Njt.
In the Twenty-thrl and Twenty-fourth wards
there hftyone transfers OF which fifteen were
nominal. tho other changes showing a total invest
ucnt u s293.l against s2i3j9 for the same period
OF lSef
There 32l mortgages last week. involving 81
So. 49, against the showing Of the corresponding
week Of last year. which SO loans. represent
ing &51.22O About $l.oooQoo Of this money was
borrowed at a rate Of about Pc cent year The
balance however was secured az per cent or less
There fled in the Building Department last
week 3i plans for new structures. representing 81
'-l.-5 against - buildings. to cost sl,l19'5. in
the same week of last year.
l. Clarence Davies has sold for T Il. Clarke. the
queen Anne house and stable. on LOT +OxloD on the
east sIe 4 BoS;on-lve.. I2j feet south OF One-hun
drcl-and-siXty un,h-si.. 10 Judge Bernard +. Mar
I'm for Sl';ol Also Tor Iietiy Knox. the ,w9-sior%
Jnion-aye. - fee; north % Dawson-s,, TO Andrew
T. Prior. on private terms.
" Blrgeibnhr {, Son have sold for II. MAYER. No
T.. Elst one hundred and fourih-s,. four-story
KreSs. for Valentine Prcssler No. 22l6 Eshth-ave.
a uVe-sforv nlthOu,e and store. 'jN%xloo fest for
FREEZER four lots IN Tcasiale Place for $1,000 ami
Tor oscar r. Phillips. No 1871 -. Nicholas-ave.. a
lanes McWaters has so1 from the plans the two
9 f.a, a. a0d q U.s.
SiSwson : Hobbs have sold from the plans for
G.bbon {; Taylor. 10 William r. Quantana. a pro-
posed three-story brownstOne-fr0nt dwelling 2x5sx
feet rorth Y % VIII
H. V Mead & Co hav" sold FOR the voge estate
West Twentysixth-st.. to John J. Bogert for sl.5Oo
! sraencls 3 schch'e have bought Of John J. Boger,
Nos p ard = Ioncs-st. for 500
nve-story brick tenement lot 2sx64 No. Is Eldridge
H. on the norhe3s; corner q coumbus-av saw and
seyentl. nf;h-st.. for a69u, 5000.
? r. T.
a trade. by the Of which the former will sell
the ive-story apartment house No. 22 West
/ Fighty-frst-st. lot 376xl022. f.. $1,000. and take
/ IN exchange from Mr.. Moor" the four-story dwell
/ ing. 2oN-OXSo 40. ZOO Madison-ave az a valuation
OF SnUo AMI a colonial country house. with plot
i-0xao on Harrison Road. summit; y. j., the value
of which IL !25."0
Arnold fustig has sold on the south side OF one
hundred md siNteen'h-st two lots each 25Nl0ii.
10 John H. Crimmins n. about $500
Nos 81 ami - Wal,-st. Will shortly he improved
hy the Duchess Dc Dino. who VIII erect twelve
story nreproof building to cost about 100000