New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-01
REAL ESTATE.
prsINEss IN THE FIELD.

,x .ha last eight or ten years the West Side
49, civ has afforded an interesting study OF de-
,on,,ent When lots were TO be had at reasonable
nurchascrs were ready to avail themselves of
ra raw 20 secure homes OF their
a. Island But the owners OF real estate
80 advanced prices 10 figures that prompt the
~ If moderate means from purchasing ana
.os have necessarily 10 lie established elsewhere
w. owners have no; constructed homelike s;ruc'-
IN ~, on a small area have reared structures as
ui.s' 40 safetv would permit. In order that they
M 1orive the largest possible returns from their
n'o Thus tic craze for the attainment OF
' e,.nues IS gradually celebrating the more mod
W. .,os from the face OF Manhattan Island. 1t is
r,nle choice for men either TO live In ha'~houses
assert altogether to outlying districts.
~ rho rar nor, hwestcrn part Of the city Afternoon
I,l nv some real-estate dealers to the apprecia-
-. q, values and increased demand Tor properly
,o,c the Hudson River IN the vicinity OF Washing-
-, Heights and IN fact beyond the city limits. III
n,h :, can be said that almost equal attention Is
go, bsrg given II realty on the west sl9e oi
go Hudson River. This Improvement is at'r,putei
-. h,cc causes. In the first place the banks OF the
,s,sso, above Spuyten Duyvil Creek are attractive.
y, ~. second place desirable homes can now be Sc
orr.l l,v persons of moderate incomes whch Is not
- case ~ n rne. south OF ne-huhrrel-ahI-
ffth-st Property lying in what is Known as the
,,,,bern suburban districts, or Westchester. is
r,uv becoming more md more increased In value.
- r,.,l,y in this section Is now more active than
,- many years past. This is also partially true OF
,ronertv on the west side OF the Hudson The thrd
,c1lent in connection with this prospective I'M
movement in this and other suburban districts OF
New-Y is due to the good railroad facii''es now
provided.
Tho selection u the new site for the College of
.sa ci,v of Nev-York meets the general approval
n. owners OF property in the northwest the site
consists Of four city blocks. or eighty lots alto
gethcr and lies between One-hundred-and-thirty-
siehih and one hundi ed-and-forteth SITS. Amster-
dau-ave and St Nicholas Terrace Ii is believed
ira mis- selection of site will enhance the value OF
realty IN this section Of the city, ,.
Much interest has been attracted 70 the purchase
Cuti,ng property no IS Newst.. adjoining the
or S,oe sae WAS one Of the largest
feacstate dealers in the city said to Tribune re,
6 p1' three years. ago a, tue over so0 and
Expressed some doubt about realty In this locality
having advanced 10 the extent as repor'eu Os ''''
sale m snort period ,,. -. Saturday.
tour among the real-estate dealers on Sn,ur ,
elected the general statement that Once ana s'oIe
rents pnenomenaly good for TINS season OF the
books, showing that his average rents are over $V~
day This condition of affairs he said is que
ings have increased rapidly the value Of the land
These skyscrapers develop an opportunity 10 get
S Ssna dreamed S@i cd OF For example the new twenty
nve story building now being built on the old New
cover ony about two city lots. II IS estimated that
his building viii bring annual rental OF about
Havemeyer to pay nearly 100000 for this site.
Auction sales in this city during the last week
amounted 10 S4O0sl1. against xN2,Ss Tor the same
period Of last year. ., a., 800
OF $4,000 For the corresponding week of last
year $4,000 realized
Convevances the number OF 326 OF which l5' were
a. d nominal figure. recorded at an expressed
consideration of S0607s2 and for the last six months
10 the number OF 800 recorded at an eN-
pressed valuation OF s93 5iSi5 For the correspond
Ing week Of last year 22l transfers OF when ~ were
nominal were filed the amount invested being
q q For he FIRST g
67s5 transfers at an expressed valuation or sss'5~t
The mortgage figures show there were lecorucl
last week $50. involving S.Sl go and OF these 100
representing NO-342o were made az rhtc exceeding
per Interest while l2+ mortgages representing
6 49250l made at per cent interest, and ffty-
seven involving S. 7e51I were secured at less rate
than per cent interest.
There were filed In the Building Department.
eighty-One plans for new buildings al an estimated
cost OF 81 0lO6iD while for the corresponding week
OF last year there recorded forty plans a, an
Henry n Winans q May and w u Taylor &
Sons have sold No. West Forty mint h-st. "A four
story dwelling 22xC0xoO for the United States Trust
Company. Wlnans May also the brokers In
sale OF No 10 East Sixty nlnth-st. for Charles
Blum: No. % West Ffty-secondst.. for Rowland A.
Robbins; No. Il West Fiftythird-st. TO John l..
Lawson. and No. IL East Fifty -six'h-st. 10 William
John r. Cole has sold 70 Edward Judson FOR i'm
provement the old Third University Church prop
two lots In the side Of Amsterdam-ave., nifty
feet south OF Seventy -nin'h-st.. to NJ Milhol-
land. who will erect large stable.
]. leitner has sold for Danzg g. kuntz 20 the
Benedctine Order of ST Anselm's Church plot at
Wales-ave and One hundred and ST, Z8
feet in the former and $50 feet In the latter thor
oughfare, for So 0oo. A parochial school is 10 be
erected on the lots