New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-10
REAL ESTATE.
R1-srNESS IN THE FIELD.


week were mostly Of a favorable chai"c'e' - "
q. tho Same time worthy Of notice that one OF the
largest railway corporations OF the country mas
been obliged to reduce its DIVIDENDS 'ro'" ~
cent to a 4 per cent basis. The action was '"e
result, OF the business depression OF me iaS' II"
wears To-day the belief Is becoming pre'a'eh''
however that there has seldom been better OUT
look for \ good Weld Of small grains. Good crops
have n material bearing on all kinds OF realty not
only In the agricultural sections Of the country Oh.
also in towns and cities. The month oi 'i'F WIZ
be long remembered full OF NEUTRALITY-SUSPICIOUS.
Thus far during June fair amount % ""'"'''7 ""
been transacted by brokers. and property-ownefS
are c0nfden, that good results VIII Dr '''e ~ ~
come Of pending real estate deals
Az one result OF the presen; revival OF puslheSs'
owners Of property in the tenement-honse "'S'''o's
between Oliver and Fourteenth SIS ana EAST Va
the Bowery report TO The Tribune that Vi'ei"'''-
house property has not been 80 Wei r'"''' "'"e
the last two or three years ~ now me tenants
It H. said. now in good employment anu arc
having their rents promptly. Another encourashs
thing for property owners on the Last '''' - ~"
announcement that the Holy TRINITY paris" "''
soon be In the market for i new size 'he'e i"''
ull have nearly a million dollars for the establish
mcnt OF a beautiful church on the Elst H'ne WIN
no debt The church IL to be established ior inc
tenement house poor OF the East side. ana prop
erty there will undoubtedly be- greatly beh'n''u'
Following this announcement comes the decision
OF -. James's Methodist Epscoia! 'h"''"' %
Harlem. TO sell the church at Malison-ave ana
one -hundr ed-and- y-sixth-st Il Is expected
that the proceeds of the sale viii be about one
hundred thousand dollars. for the purchasing OF
new site It Is said. in the quarter 81 the CITY W.
OF Mount Morris Park The iiaptsis are also III ''"
market for 4 site which 90 erect ne" ''"'''
,rhe trustees Of the estate Of James 9. Aver have
completed plans for "A mercantile pHli"lhs "''
the norihwcs; corner Of I.conard-st. ami hroA'.
way The building ~ 70 BE- nine stories hiSh' OF
steel skeleton construction. with exterior WAITS ~
light Indiana buffs,one. brick ana terra '''''. :
will have a frontage OF 80 feet IA broadway anu '''
.cct In I.conard-st. The power plants ana M
ch.ncry VIII be- IN the basement. AMI the his' s'"'E
Is TO bc arranged for stores The remaining h'o's
are designed for Offices anl lofts The 's'inA'''
cost OF the structure is S2'"" The contract cans
for the completion II the building GA February J.
1896
owing 20 the coniguraiion 4 Maintain 'S''"''
that part south OF Chamb r--''i alon" h''"'""'
and rs vicinity. though alrc,ay valuable is every
,.,, CROWN. more ana more 20. All ~!l soon Do
among the highest priced AMI m'si eagerly 'o"A''
after property Ia the word . aoocr-
The following examples ~ ne sa.'S -. J.. 80
town re,i estate arc taken party rom ,m' f r,l,
;crs Office and other truSiHorihs S'hI''S, ~ ,,
nom r,rort,l sales offers mad" oi i'i'' ~.
sr.rinr tarr.is Though Incomplete. they "" I've
10 illustrate The value o. real estate ID ''"' POI
Thc plo, On he southwest corner % wal ana
nld n' 80, has an area OF ~. squar~ feet Il was
$3.50. o. At $50 - square ,ooi t <.,v SO
Tee so@inSeci f9s9er , "a " iee % s Grca.r
Nav !. ISL. 4, $1,000 OF So &c a sIuarc io,. ..
The Williamsburg Ere Insurance SomYany i ,,l
Hroadway May H. ~ far $500 Ihrfs are IN
as p!o, 500 square feet and ihc pfi'e rF
FOO, Vas tlis q, IoAn Jacob As'or pal N9''"''''
t. -. Cor y. /. Walls. $500 me ',' re
iaus 90 square feet ol slii 81 sgn'.' i},, I ne
sam. person purchased lsll5 square ieti J"
ss. al the southeast cofner 90 To'i~hs az" az, e. =,
change Pace iof 10000. OF AZ ne RAJ. '' z ia .
a square foot. This latter property is ~N'N. ~ ,
TX thauec Court i'uilins Fof n ,,.. y 81, ,,r
foot has lately been mad" but "hs 10 .""' -
iii nlnah,ciiy before long Do replaced
bv a inc modem o;i.c buliins.
Easel 30. sand 10 Finest March : - 'Or 81.
90. SIS squarc ; ,esi AS. 80 '' Also
ihc os Meropoitan nanA na.dns. a. 'he norm,
east corner 10. Bruai"ay ana f.f"--i l"N""if
- tn Xias,rs insaran,e company March -.
ISL paid Tor so ~ broadway tSJf.," OF ~ i'
H@iscs wao ggt.hse So ia f, n5 -, "a, n3r,s
VI For ihe-c '@o' proger'ios poc" has been g is
The SINGER Manufacturing company iif' mas
40 lia HfoAdwAy. northwest corner ~ lihcr,t -.
March - 49, s.'- square feet. ''r i'ist - 81 i
m Manhattan Life In-urance company r.ar-
Il NcS-si An area = s.oci square fe'i ,or So 80.
or So sguate ieoi AGO. on ~. - M"
so 10 NeH-si covering an area u aii5 square feet.
Tor ~ ~ o. ti51 90 square foot
Tn. American Surety ara Giarani"c 'omI m,
purchasel December 49,. Nos io' i'. AMI -
proadway ana ~ ! pm, 81. .lysfinE area ~
ses} square feet for $1,000 - SIS . square foi.
also hroaisay .ouiheas, corner Finest on 80
vcmber - 1893 a plot 81 80 square feet. AZ 80
80 or = 81; = IL square foot.
Tn. Sew York Realty Company par ha-ri ~"
southwest corner 90 Er,aiwty AMI Liberty ~. in
December. SGT '0r y8it"i. or trl 81" sGItf" FOOT.
and I'm April. 1885, Hugh Lamb AMI Others pur-
chased the same property for $1,000. or an al
vance Of 81 - a ~iuli" foot.
1t is reported that the plot A. The southeast cor
ner - Exchange Place and Ncw-sf brought rr-
Gently 81 90 -. 30 square foot The report.
however lacks confirmation
The following ~" the comUtfa'iv" tables Tor me
Ncw-York conveyances. mortgage and PROJECTED
buildings FOR the corresponding weeks % 1891 AnI
1856 ending June s. 1894. ami June :. 1875