New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-23
REAL ESTATE.
BUSINESS IN THE FIELD.

The present week promises to be O much moro
satisfactory for roal estate dealers than last
week proved. Operators are certainly In COM
parative1y hopeful mood one OF the reasons as
signed for this Is the indication that the weeks
auction market will be unusually large The list OF
proposed sales includes a large number OF good
properties Should the sales be carried out. or
even fair percentage OF them. the result would
be decidedly stimulating one. , $3.50 x
Auction sales made exceedingly poor show
ing last week The bad weather again caused with
drawal upon withdrawal, since Nould-be purchasers
Will not tramp through slush TO Inspect properties
There was disbursement In the air generally 10
offset this however there a number or pros
pective sales In sight which some or the large
brokerage houses had hoped to close up. There
and the CONCLUSION OF even one or two Of them
would have had marked effect in stimulating con-
hdence ALI OF them went over however. 10 the
present week. Inasmuch as the most promising
negotiations often fall through even at the last ss
termine what relief the market VIII get from this
The absence of h!gh-pr!ce transactions last week
a feature. Still there three large sales
which buoyed up the situation a good deal. An IN
terest.ns feature Of the sale Of the H. Q. Have
meyer property. by Richard Y. Harnett q Co.. at
no 4s to a Broads is the stat snrb 'hh arnc
& Co. in October 1894. for less than S2oONo wn Ie
the repusd price Of the present sale is aSo. sS
Nolan Of Albany proposes to 90 WITH the P,dgs s
road. north of One-hundre d-a nd eighty mint h-s.
WI en- ne has Just pure assd from the Potter es-
vestment is purely speculative.
There is considerable discussion yet regarding
Cathedral Heights in relation 10 the question OF The
erection OF private residences between Morning
side and Riverside parks. There those who
looking forward 10 the time when the new
Columbia College building Will be occupied and
university centre of population OF It's own VIII exist
There two contendng forces at work already.
seeking to restrict the area between ST Luke
Hospital and One-hundred and twenteth-st. and
Amsterdam-ave and Norn.ngsde Drive 10 private
residences. while another Is urging the inadv!sa-
bility OF erecting any more private residences be-
tween Mornngsdc and Riverside parks
Among the large number Of auction sales an
nounced for this week the following:
Peter r Meyer & GO. Will sell on Tuesday. at
the Broadway Sa.esroom, the Moses Taylor prop
erty. at the northwest corner Of Fifth-ave and
Seventcenth-st. being Nos. lis and l2 F-fth-ave.
and Nos and West Seventeenth-st There is
an intervening piece o. property on F.fth-ave.
on Wednesday Van Rensselaer, &c Smith VIII sell
In foreclosure at the Broadwf. SaesrooU tho block
front on the boulevard between One-hundred- and
nf;v-elChth and one HUNDRED -1nd-hf ninth SITS
The sale OF tho Old Tradosmc1's National Eink
property Thursday. by George r. Read. az n"
Real Estate Exchange. WI he a notable on. The
properly to be sold because Of the removal or
tho bank 10 rs new headquarters in tho WOOL
Exchange Building The plot is occupied ny n sly
story and basement building. and is nj the north
We; corner Of Broadway and Rcaec-st Exports
place the value OF tho property NJ about S5OoOOO
Irrespective OF tho building.
Richard V. Iiarneti & Co viii Offer on THURSDAY
or.y IN the upper west side Of the city