New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-20

ANNOUNCED FOR THIS wEEK-CON
vEYANCEs AND MORTGAGES.
The real estate market last week developed no
particular features OF interest, either III 'he
nuct,on rooms or in the sales of property through
hrotars. offices The large deals in the previous
,veek continue to be OF conversation in
real estate offices. and the general opinion among
brokers is that the market will show better
inouirv for property for the rest of the year
Sales OF residence property In the last week oc-
,unied the attention OF brokers. and investors In
many cases secured bargains which are not often
rossble The attendance at the auction-rooms was
better than in several preceding weeks. and out
siders manifested some interest In the sales. Two
parcels out four offered at voluntary sale secured
purchasers. This is encouraging feature ana "
denotes that legal sales, which for so long nave
been the only attraction at the aucticn-roo"s' N''
share the monopoly with voluntary onef,hss
Considerable interest will be taken In inc r.S"'
of the SAFE on Thursday of the Abner ha' w.,
estate. which includes properties III fio ,,.,r,
inrton and Attorney SITS, Clinton Place '
ave and East Fiftieth-st. Mr. bar'ieu .;uo
of the best Judges of New-York reai'9 III n'' ,
and the sale will give good iuea % 49, h
estate men consider the judgment u me" "''
,or,h, roo,,y when New-York was In its infancy
The list of advertised properties 1or inns wen
is large and is made up OF an extremely
assortment The offerings are OF the MIL" wa
,ar,od to secure the attendance OF others Des'ues
1be usual professional traders in the aucuoh-'oois
=. .o,,d no well for outsiders who have not ioi-
lowed the real estate market closely ana nave ''"
,,oitinr for desirable real estate investments TO
attend the sales this Week
RECEIPTS EXCEEDINGLY LOW.
1rokers who handle ,enement-houses announce
chat their receipts from tenants have iai'eh eN-
,reme,v low this month and that honest regular
having tenants have got behind IN theH rent o
.ausa ca MANY Of them have been out OF WORK.
while this cry of the agents comes from one part oi
the city another comes from inherent uis''''.
While in the first the agents nave the 'ena"'
with no rent in the latter they have no tenants
and little prospect Of getting any. 1t Is question:
t,,ch case is 10 be preferred but then that Is an
affair which agents and landlords must solve theh-
selves If they decide that both are bad 'he! mus
get at the cause which makes such coh"'''o
,ossible and administer the proper renieuieS' III
the case of the East Side tenement-house tenants
poverty is the cause. and though d 'e'"'uS "
,hA vrav of reduction in rentals may be tried the
cause cannot be banshei by landlords. o'h"r asei
eles must be called in to work reforms which VIII
make il possible for poverty stricken tenement
mouse tenants to make living. But In the case OF
~. acent who COMPLAINS that ne has vacant houses
and Aathouses the cause OF the trouble * easily
found and the remedy is simple ana can pe apP''e"
in a way that will benefit both patient anu phys
clan. ,,
Lower the level OF rents The cause OF the trouoie
will then be known. and the remedy VIII De sen
evidant Fxorbitant rentals nave caused the Vacah-
ces in the nathouses and the empty houses 'hd' arc
seen all over the city. The renting seaso" 'a''
spring was a failure. The fall season was the SAINT
and the coming spring season VIII be repetition oi
the failures of the last two seasons unless the
landlords decide TO make reductions in houses ana
Hathouses for people Of moderate means II 'laS
been pointed out in this column time ana agan
mat there would be no deficit in the Landlords
hank accounts if they lower their rents ana IN
many cases the surplus Would De afgea' exorbiiant
rentals in this city They are constantly leaving
,nG iaodords here seem blind to this saying
that after the nard times are over ynns sop T viii
refuse to pay the exorbitant rentals because sae
hard times have opened their eyes 10 lne ia0' '"
they had been bearing an UNJUST Oui"e'''
AUCTION SALES OF THE WEEK.
The auction sales last week amounted in value
10 s274ms against 1852 sS2 in the same week IN
1894 The principal sales at private TRANSACTION
last week the following:
John H. Inman the Rapid Transit Commission
or has made the contract with Charles Riley ior
the purchase of the Pocantico apar,in.d9 f9y
at the northeast corner OF Broadway Sa for this
property $375Ooo cash and $500 IN QUITO M
month MIR inman has agreed. it is said. TO rent
the property for a term of years for $1,000 year
net, repairs and Charges for maintenance
Mscd Sna ii have sold the
nent brownstone DWELLINGS Eos i9 I ~ ana BLOOD ~.
East One-hundred- -eleyenth,st ior John bio'a-
good executor. to G. Wallace BRYANT u.o,., n,
The reported purchase by oscar Hammersteln OF
Forty fourth and Forty-hfth SITS. proves on IN
vestgation to be bona me ,Tah hG ,bc con-
tr art since Monday clearing the site and pre-
WORK st ~, 1aeyafion ana in the mean time. IL
engaged on the plans for the theatre ana music
hs NV ~h,cn Jones ne has sold through John Mlehe
Jlve-story apartment house. with store 40 -i0'
Slawson Hobbs have sold for Edward Living,
Of six and half lots on the south side Of SKY y
ninth-st. 375 feet west Of Central Park "e5tl s
~ Hudson Realty Company Henry Moreenthau
president builder. Charles A. Lowei; Ihe e "a
and sixty-nnthst. for $3.50 The proPery e tbe
s nres and its its rear lines are m
lively. Mr.. Lowen viii bnld seyen-siIo.y apaf,
hm,ISer has sold the three-s,oy dwelling No ls
West ynrst-s on private terms rms, tho estate
os Wvron Brush, of Buffalo. an undivided hall
interest m lots snG ID hss
fition OF the property Dr. W. r. nei nns ep
No. 6 West Seventy hfth-st to Mr.. Miller TOT
about %,g Timing has sold No 14s West seventy
sxths fouT-s fd2 rssidss o" lot 0A'"A4
M nep Cannon o No haEs io ~
story Philips sod for Henry and soDs Da
d E. Oppenheimer to George e o Ede ,bs sontl
side Of sxtynnhst between Central fafk ppen
1t said that the buyers viii Immediately erect
group Of seven four-story hgh-stoop houses co'e
Ing the plot 49,, ,o,,
]. +. 4 f. j. Murray have sold the thIee-stor1>
and basement dwelling No 10 west One-h1uhu!!ssan
and-fourteenth-st for Mr. Fressen to John Beattie
r. Zittel, broker. has sold for j. 6 umper1maeisdd
builder, the four-story brownstone dWeiiihB @-Aoo
with dining-room extension. No. % West seventy
ffth-st. for about $1,000 Mr.. Umberneld has on
one dwelling left unsod out OF thirteen recently
finished In this row.
Xu. Msn No g e
a four-story dwelling. lot 25xS2 feet. through A
r. Muller IL Son..
The four-story dwelling No. 10 East Ffty-third
ST is reported sold to Eben Wright. Of Boston TO
$4,000. ~ - 49, -,