New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-09
REAL ESTATE.
BUSINESS AT THE EXCHANGES.


The market for real estate during the last week
has been what The Tribune has predicted with
resnect TO the general autumn trade. There are
no buyers, comparatively speaking, In the absence
of an interest in the market, but there are orders
10 considerable amount from investors constantly
in the hands of agents. 1t means little IN the
present circumstances If people do not buy at this
season Of the year There is nothing in the way OF
announcement that should be deduced from this
condition Of things at the change OF seasons vi
course there have been few sales during the
month of August. either privately or at auction.
without the presence of buyers the owners OF
property cannot expect bidders
The interviews published in The Tribune during
1he last few weeks have indicated degree OF con-
fdence with respect 10 the future OF the maiKe.
which has been rarely exceeded at ms season oil
the year 1t Is indisputable fact that people
with money 10 invest arc looking more positively
toward real estate than they have done at any
other time in the last five years
There is no doubt that investors have great faith
in West Side territory as well as that IN the an
nexed district. known as the Twenty-thrd ana
Twentv-fourth wards. The downtown districts
aro completely covered by the wstchful eyes Of
agents who under orders from most substantial
persons. are ready to grasp every corner lot tna'
can be found in the market Northward and ne
yond the Harlem the field for speculation is wide
omen and Il is toward that district that specula-
ton is more generally turning. Activity at present
"a rather in small investments than in large. Peo-
pie are becoming weary OF tall structures pe.o"
Canal-st. and think they see more ahtai Tor them-
selves in the way of increment beyond the HarleH
River and they are steadily putting their money
there in the hope of realizing 100 per cent value
through the sale OF grounds which shall be appnen
10 resident or manufacturing purposes. with
every movement looking to the addition or trans
poraon facilities in that section the value OF the
Contrary to appearances at the beginning Of the
last week there has been a fair amount OF business
nd tba fall
fairly in: The totals In all departments com IN
The corresponding week of last year. and In private
sales reported they show heavy increase caused
attendance at the auction sales in the. Broadway
aesroom the last week has been much larger than
and others interested in the various legal sales met
nronertiez offered The auction sales aggregated
for the week the sun of SsS 2s9 For me CORE,
in Brooklyn the result Of the auction sales dur iSn
S3 for the corresponding week of 1884 orono,od
the rn sum R of sscoo against $4,000 for the
Conveyances TO the number Of 40. OF which 81
were al a nominal figure, were recorded at an ex-
pressed consideration OF s9lsssl For the CORE
ri were nominal filed the amount involved
being sl.SsO2s7.
The mortgage figures show that there were re
corded last week 2o5 involving 2O5e 3d. and OF these
edH eI cs5t wete whe s. Mortgages
representing ss9e $50 per cent interest and
81. involving SiOJ fUO were SeCuIcu 1T icS9 i"'V
than per cent.
There were fled in the Building Department
forty-four plans for buildings. at an estimated
cost OF 1923 $50 while for the corresponding week Of
last year there were recorded forty-eght plans at
an estimated cost Of S977.025
The firm OF Smyth Ryan, brokers and auc-
tioneers will be amicaby dissolved on Saturday
next and on the Monday following each partner
will enter into business as an Individual William
NJ. Ryan will retain the present offices or the hrm
al No. III Broadway. and Philip a. Smyth will
move tc No. II Pne-st
j. W. Stevens hs' sold for Robinson GIN the four
story brick house No. $50 West Ninety-fourth ST.
lsx52xlO44 TO T. C. Culwell for $4,000. The seller
bought the land from Thomas F. Giroy. jr, in
1892 sor S5O
Emile Talbot and Frances A. Hunter have sold
20 Mandelbaum Levine. for $4,000 Nos. % and 80
Cannon-st.. 5OxlO0 275 feet north OF Rivngton-st,
three-story brick building. Benjamin Sillman. the
purchaser OF the plot 6Ox92 feet. at No. 20 to 80
East Nineteenth-si.. will have plans made for a
large mercantile building. to take the place of the
old dwelling on the property The new struc-
will be twelve stories in height and hreproof
throughout.
Preparations are being made TO build an eight or
nine story printing house at No. q to 2 City
Hall Pace. for +. NJ Lupton the publisher.
The Metropolitan Insurance Company, OF Brook
lyn has had plans made for three fve-story dwell
ing houses 20 be built the northeast corner OF
Riverside Drive and Eighty -frst-st. The houses
estimated 10 cos; $4,000