New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-21
REAL ESTATE.
BUSINESS IN THE FIELD.

| BUSINESS IN THE FIELD.
| There are many signs Of encouragement for
dealers and investors In NewYork real estate not.
withstandng the temporary lul in million dollar
| transactions. 1t is evident that, however gloomy
| the present financial outlook may be- there are
| large sums Of money available for securing sites
| o. which to construct great buildings for occu.
| pancy when better times appear. The PROPOSE.
ton to enact statute limiting the height Of build.
ings already has shown tendency still further to
/ Increase values.
| The nose Of the island has changed its aspect
materially all the way up to the Bridge since
| The Tribune Building, as the pioneer Of lofty
structures, the wonder OF wonders In the eyes
| Of all those who visited the metropolis twenty odd
| years ago. Broadway, from the Postolice to Bowl.
| Ing Green, resembles great chasm in mass
| OF stone and brick one looks down the thor
| oughfare and behods the gigantic ofice-buldings
| on each side. As an evidence that this work Of
| reconstructing the material New-York, northward
from the very locality occupied BY the early set
tiers, is continuing, 1t be said authortatively
| that the vicinity OF Printing House Square will
soon be completely transformed from its appear
| ance quarter Of a century ago. Few OF the old
| landmarks of half century ago remain. The old
Herald" building, which was constructed during
| the war, and was its completion, the finest
Office building in the city. has already become anti
quated the property has been sold and the build
ing is destined to be torn down soon to give place
to another Of great height, and built on
more modern lines. Furthermore Park Row. from
Ann to Beekman-st.. which has stood the advancing
tide Of Improvement thus far. is now under the
of dsS from bsnee
too. are pending in the locality OF Broadway and
Madison Square also has become spot coveted
by the larger investors. The construction Of the
Metropolitan Life Insurance Building was the in
dex to the movement in that vicinity Agents are
already figuring on she brownstone row OF houses
on the north side OF the Square;
Much activity Is also promised IN properly north
of Central Park. The operation OF the cable road
along Columbus-ave. is increasing the popularity
notable sale Of the week was that Of thiTtesp
and Seventh Eighth and st. Meh no; AYES Tns
Ths p psosss
the eoher In isS3 ,o ana a. 1854 s who paa
avenues. After carrying the property thirty years
involving interest and taxes during that period.
tract embracing us lots at the end of seventh-ave.
held for a period Of twenty-four years. The city
recently bought twenty-four Of these lots for the
10 f ReymonS ressns enehrd Interest
In the syndicate, which now owns the remaining
The most important downtown transaction OF
the week s S o1S BY an aSd insure who
ance Company me lots nos: o. - ana s % Mi W
lace la. A FOR sSoC6 It is proposed to erect large
office building on the site
Sr Ss com nn,ss w 1 $1,000 for Ike pre-
vious week.
at nominal figure were recorded at an expressed
consideration OF 81 sssSsl For the corresponding
sss7Sss4 were Med me amount '"V0''ea Of.
last week 81 involving sS5s,oS2 and OF these 100
representing Sil.662 we're made at rate exesea-
senting sl.708370 at per cent interest, and
g. involving $4,000, were secured at less rate
There were filed in the Building Department.
mated cost Of ss While for the corresponding
week of last year there were recorded thirty-ons
plans. at estimated cost Of A7,l5O.
M9s h from Randolph Hurry through
st. G%ae% d Eo DroAsEs Zee fe
$ b. Go9da!s & Son have sold for H l. Julian 70
threestory dwelling lot 29xioo feet az and 70.
Twenty ffh-st.. four-story dwelling on lot l5xsss
Ware & Gibbs brokers. have sold for John Casey.
builder. Nos. 81 and 6s West Eighfy-eghth-st. two
fve-story Indiana limestone front apartment houses
Edward schweyer has sold 70 John McKelvey. the
e es Of sn , = hs Tn
present building Is TO be torn down TO make way
William and Thomas Hall, builders, have sold to
H the r aba psSper 30 ~. s
house sold q row OF eleven Just finished.
3 Mrs D. T. 3, BIaSsy has sod FOR Mrs Ella $
hathouse. lot 25xssxess feet. Dr. Edward Dodi Il
Babylon nsya ws,,6 for ST. $40" r..o, ., advance
plot with old buildings No. p to Is North Moore.
ST. on land 1i6xss feet which was recently pur-
Morris steinhart has purchased OF George F. John
son the plot the southeast corner OF One-hun-
and Fifrh-ave. 505xl00 feet
on terms which have not yet been made public.
Albert Wagner has filed plans for the building Of
seven-story brick store. Nos. l34 and 1876 Spring
ST. and NO 81 10 ~ Wooster-st., 20 cost $4,000.
William Schwab has filed plans for the building Of
three two-story and basement brick dwellings In
the south side OF One-hundred- and thirty hfh-st
80 feet east OF ST. Ann save. to cost Sl,O0
Powers 4 Welker have filed plans for the build
Ing OF fvestory and basement brick hathouse. In
the east side OF West End-ave.. 500 feet north Of
Ninety hrst-st.: cost. $50 900.
Peter w Ostrander has filed plans for the build
ing OF fve-story brick fathouse In north side Of
Observation-Disclosures 100 feet west OF
Etghth-ave.; cost $4,000.
John Shields has filed plans for the building Of
three ive-story brick hathouses in the north side
OF Onehundred and nine feminist, 100 feet Of
Manhattan-ave: cost. $4,000
w. Wheeler Smith. No. Wall-st.. has been
tained 10 draw plans for the additions be made
10 the Sloane Maternity Hospital.
Plans are now being drawn for a fve-story gran.
lite church and training school 10 be erected for the
American Mission 10 the Jews; estimated cost $780,.
0c. Funds 10 pay the cost Of construction now
being raised.
Benjamin Butler Davenport has leased for the
ANDREW estate Nos. -. 81 and 50 West Forty-sec'
ond-st, for term OF ten years. a; s3.500 per an
mum, 10 \. q. Spaliing a Brothers. the sporting
goods firm OF Chicago and New-York