New-York tribune., 1896-12-07
REAL ESTATE.
RI-SINFSS IN THE FIELD.

Tho raaI estate sales of last week show more
activity In that market than can be c'eu''.
anv other week since the election or, III ia''' ~
some months past and real estate brokers ana
operators have ample cause for cong a'"o
themselves. There were numerous safes III 80
class of realty the only properties when loi 'ie
time we're seemingly neglected being the Pi'a'e
dwellings. large number of lots mort" Vi VI"
Harlem were put up at auction, and. as In the case
OF the Ward estate property. they met ''''s
sale important sales of large Office puho'nss "
tho business section recorded; row Vi i''''
m tive West Side brought prices highly salts
factory TO the sellers. and several wel-kno"n
hujlders appeared among the purchasers oil 'a'-
r.bIa narceIs with the intention of erecting high-
, class apartment houses in the early sprlhe'
or course into many of these TRANSACTIONS VIC
professional element entered largely. and the weeN
was prolific OF trades. but in most OF the '""S'e
,ions actual money changed hands on the ciosi's
of the contracts and to those who have pceh I'M
patently waiting since the election an oppo' ''
TO get a line the market so 10 spe"h' "
iudge of its future condition. the best sor, VI o
dnce was afforded that real estate In all parts OF
tho city has an exceedingly prosperous ou,'oo"
and will find ready sales in the next few moh'"s'
Va hotter indication of the health OF the marhe'
co, bc had than was afforded in the auctioh-'oo"'
al the sales os the Nyse and TraVers estate W
The crowds Of bidders at both auctions "e'e ''e
~ made up OF people OF limited means WIN '''
|
nclIcd TO place their money where IL Is hhe's "
vcId the best returns and at the same time oner
security that IS absolutely safe People oi '''
class do not draw their money from 'he p""n' ~
,rvos, IN real estate at random. but invariably
seek first the advice of their friends III" ''o7'
mast capable to offer fairly correct estimates as
10 the value Of the parcels where they ih'e"n W
buy nor do they go to the auction-rooih "''"o"
having literally gone every foot OF the prop
.rtv offered for sale. nor without haVhs '''" "
careful estimate of the amounts WHICH '"'' "
prepared TO bid on the different lots varying WIZ"
conditions and based upon III" advice 'hey nave
received Such was the class of buyers that' 10 1"
largo extent faced Mr. Read when he began 'hc
sale of the Traycrs lots. in the Twenty-iour'"
Ward In the Real Estate Exchange on lhurSo's
last The bidding was we'll scattered 'hno"S '
present and a large part of the lois so'u "e''' ~ W
Individual buyers. who mad" thei' "'"' nv"
comfy. and with a caution that indicated entre
familiarity with the conditions. Most or the 'o's
v,erc sold at reasonable and even low prices anu
This led several operators to step III anu p"i ur
parcels now and then For the most par, INV no"
"cr Tho bwvers were people of moderate Incomes
who had sufficient confidence 10 puici,' iLoi, n
moro lots which TO build or. more ""eS' ~
hold the same for better prices; ,,,,.- ,o,, ont
An important transaction in huiiding lo's 9no gu.
s;1e Of the auction rooms. was bGoueh 10 Il 'i".'
l,st week II was the sale by Morris Is; Jcsup ~
two firms Of builders of two Iarc'is o m AZ AZ
,nnnth and Northumberland fourteenth SITS. pc
twr~n Lenox and 81. Nicholas ayes, whlch p plo,S
srnidcant deal. Notwithstanding the element
~. 49,, Pelham st George Eisseli ana John 1.
Williams r. Witch, Witch ldG GHWa" hd somthwcs T2S corner Of
1rnadwnv and Fourth-st. sox75 feet. a fve-story
ciice building to Mr. WiismS nH ioT s sSoHa Howcry
Scveu-~tory and basement brick building fNly @
feet AT SoOVo Mr. Williams VIII 'r'r' ,ses - NV ey
ONO. building as soon the present leases ~
,mong other important transactions. Han j.
]
hcirncr & Mcizgcr eight lots on ihe so'h slu" ~ :"
,r 'sr ore @itmatsi
IN Inc block that Hall How 60 suc'e'im," IN ,hn
restricting last spring 10 piiNs' are now owned by
four people Francis Crawford ',o,Sr -
ccore,. Mulligan and Oppenhcimcr Mctzs"'. o
Adier A. Herman were the buy"rs Of the sven ven
nye-storv houses covering the block lront on t,'
w~~t Side Of Elghth-avc bew ,on nunar"a
end.,,iriy-nnih and e-hundrei-and for,ietn @ s,,
+ Mordecai sold the parcel 'or Mssinr~ az 20"
G,Fr h"rysr proper,g rg' vas taken in part neymen
T.. Hes scld FOR Thomas w s,nr MJoS", COM I'M.
pl"ied a, S, IS - and 52 Great 19nes-s, H,%r
s5N~ to a. investor. for 1919 ,nsrs r,ts 70 The
was wi t,,y"" .s COMPANY for a term Of ten years
Amorg the sales scheduled for this week al TIE
- 10 - Iibcrty-s,.. Monday By ,;eorse Tols Is
Road osecuiors sale ,stat" %i 'n,'' i ,bc twenty,
..-.t ward fronting on Webster. Norwood hulI
.d.1nd- afih Two o.hundr"d-and.sN' anu , 80
mdfei and-scycnth ST. inclnii&ng & MY. No,rp The
Joining the north"rly 'nd ot h'o"N AIM Wv
c %, IN" ho'Il,,"d n1Ssdwsv Monday-Ry Peter F.
Mcycr y Co. foreclosure sac Horace sscof ,cci ess G
~ Wri.,t-si i7xGs with right Of way thrce t.ml II,
eriv to Wll.tt-st. four-story BRICK tenement WIZ"
.r. Iu.. on Judgment. ti3 .SN g. ,,.,,,,..
hnnnG hn rcfrrr 10 i62 East seventy f9urth.st
sor,h sl. n f.cf east Of Fourth.avc. lsS.4 tnrc'
story and basement brick and hrowns'oh" "o"'
| dwelling Duc on Judgment NN'o ~ :, p,ar n
I,y william Kennedy lorrc iosu'T ,,,,,st sn o 2
uin'y 81 vorickst Ci7 feet front. east line %
,cc, rortb Inc is7 west line Soa two hve-story
basement ana ,"n ,"'o ON ''T imdemen sS2o7I o.
"Tncsd"v|ny u Phoenix lneraham N CO. forS re:
closure ,9lc 4 e. so",h sidc go feet OF
Third-nve lO0Xlo0j. story lrhn" 'r,h ~
aiSo S SnS S ,cct west Of Sccoad-ayc 32xlcoS. two
thr.e-etory frame dwellings Dn" on JunE"''"''
nT $ de wall,earss forccIosur" SALE EiwaIa yGc
srhenck referee No 6i7 West End aye. VS. ~
story brick dwelling Due on iudgmr1m 1n - s IA ,crt
Also 10 90 wcst End-"yr xS a. fnretory ~ brick
Jwrlling Due on Judgment Siow' ~ Nop, ,op,h ~
81 West Endavc wSs' ,yc,s,oTy siGr % brick Gwclline
i'nc mr os ~" Wailicarss foreclosure sale Edward
Wy c,lt,nndrn referee No. 6il West End-avs.
o, side s52 feet north OF Nincysixth-st lSSN :, ,S
o ais9i ~ ~ Ninctvsisth-s iGSxloo. also. No sb
VS. End-avc west side. 500 feet nofth OF Nln'y E
slx,h-s, & iSSSi @ samcnt srsntsS sSs7 YET 3 on each
'w.dncsdov~Rv William Kennedy forccl9su,,e
W '"in,,,s trnr': ~ Dvlman referee. Throgs Neck,
chnycrayc west side at the Ger'rS OF EaSer fcr
,%"mce SIM along Schuyler-avc. 80 i'et tleaVe ..
stii along such avenue ls feet tnsncs nlonS
division line between Lots and 49, iee. u,h e,
r,I ., d.prees west 80 feet. thence sou'n NJ
docr"cs % minutes west 5'is to Waring % /" nrl ,,I,
,ho,cc olo,g Warnings lin" 6' t"et 'hs'r' st..' @
ior,, Wa,ing's line 1886 feet to centre OF r,s.c.n
Houcvard thence along centre OF sucm 'eio fc,
-,it foot thence along such honi'N'ru l'i' -
80, 30 niacc of beginning Thr.e-story stone @ @nin
Zion stables icc-house. etc. Due on J""s'"''''
slc2i7 q. ,-,,,..,,v uv Richard v
trr,.,, ,t,ciIon sale Nos. - and - 'hhton i,a',
iia.n',', ,, ~. feet west of Fifth-ayc. NO 70 -
1vxes with four-storv basement and cellar n,drk
I,,oi,ino and store and two-storv ana p'S''i',
rnie uwrne 10 q il 9sx92ll. with iivestory ana