New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-28
PART II.
PAGES 10 TO q.
THE REALTY MARKET.
EAR BUSINESS IN THE AUCTION ROOMS
AND AT PRIVATE SALE.
FATE or THE JUDICIAL SALES BILL At ALBANY
COMPARISON or TIE BUILDING MOVEMENT

v.-f. M, THE JUDICIAL SALES Bill. At ALBANY
COMPARISON OF TIE BUILDING MOVEMENT
-coNvEYANCEs AND MORTGAGES.
cor,,,ions in the real estate market showed
,,,le change last week from those prevailing
,.ook ago \ gool-siZcd number Of transactions
wore recorded both in the auction rooms ana at
private sale. and there was considerable acuN"S
in the renting department of the real estate mar
ket In the auction rooms property oHored al
voluntary and executors sales was disposed OF
with less difficulty than in scvera. months. and
,bars WAS a much better disposition among bidders
- r,,n the prices up. There was no let up in
the building movement. and the statistics OF Duiid-
ing operations filed at the building Department
showed an Increase OF over N.oH0Oo In the amount
OF money involved over the corresponding week -aS'
year.
Considerable anxiety felt in real estate circles
over the fate Of the judicial Sa.cs bill which the
legislators al Albany have apparently forgotten ana
which the representative men in the real estate
business are 50 anxious to have become law Inc
enemies Of the BIZ. who represent the minority rea
estate interests in this city. eXering their utmost
efforts 10 defeat the measure. and it IS no secret
that they have been doing a great deal of lobbying
n, Albany for that purpose.
Tho head Of the auction room in lower Broadway
whose partner Is Richard Croker. was asked during
Tho week by a representative OF The Tribune what
influence was being used 20 defeat the bill ana he
RENTED that IL was not affair which was for the
Information OF tho friends Of the bill He was asked
e he was not represented in Albany by Ex-Governor
Uoadev. Nj. lau;erbach's law partner hut ne re
fused 10 answer tor he thought that aso was an af-
fair exclusively for the friends OF the Croker saes-
room to know.
OTHER BILLS At ALBANY.
A similar biz was introduced in the Assembly last
wear bu; il was killed. by Tammany Influence, and
T. appears that the same influence is being used
again this year 20 defeat measure which Is rec
commended 10y the leading real estate ana business
men in this city. The men Of the Reai Estate EN-
change in Liberty-st. have not given up the hope
that the bill may yet become law. and even If
i, shoud fail 10 20 through both houses they vii
not ease up in their Efforts to bring back 10 their
exchange the legal SAFES of real estate which the
mower Of Croker transferred several years ago 20
the Broadway saleSroom.
The real estate auctioneers in this city do not
favor Assembyman Firms bill. which has gone
through three readings in the Assembly. The
apparent objec, OF this bill is to license auconeers
and il proposes that every aucuoneer shaI pay s-'o
for license There are other provisions in the BIZ
which are not liked such that which provides
that sale shall be advertised in two papers 70
b. designated 10y The Mayor and ha; +, sha! not be
advertised in any other way. The more publicity
given to auction sales the better for the real es-
tate men and for the purchasers. II does not appear
wise 20 restrc. the advertisement OF auction saeS
for one Of the bad features Of the present auction
market IS tAat sGncieit Htli'lS d"o"N Pt'p'''' ~
te sold are not given beforehand The D!. was not
the work Of any New-York real estate auctioneer.
and 50 far no one has been abe 10 find out who IN
duced Assembyman Finn 10 Introduce IT,
The vast increase IN the building movement since
the beginning Of the year has been one q the most
encouraging signs of better times, and II now ap-
rears that the movement will be permanent for a
long time 10 come. and not spasmodic. as many
people predicted The Tribune has prepared a table
showing the difference in the movement in the first
four months OF lSg3 1894 and 1876. Il viii be OBJ
served that the figures Of April for this year are
for the first four weeks Of the month. ending yes
terday: