New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-17

bus,ness man said: 1.-THE new American Surety
Company Building has rented offices so far TINS
year aggregating $4,000. The total rental Value'
outside of space occupied for the company's own
use is s2200O0. When all the offices are rented the
company will realize about 52 cent on the total
cost of the building, and also give the once rent
of the company free. The company also estimates
it's net increased profits during the last year at
$3.50 900 resulting from the increased advertising
they have received by the erection or one OF the
highest buildings ever put up in this city
jefferson NJ. Levy, OF the largest real estate
operators in this city, has sent TO Frank H. FaVey'
at Albany the following dispatch in reference 10
the bill restricting the height of buildings IN New
York City:
If your confscatng measure should become
law we would go back to colonial days, as your
proposition would permit buildings on William-st'
As feet high and on Nassau-st. 80 feet high. Inc
Chamber of Commerce has never adopted Wlho-
mullers report but. on the contrary, has refused
10 hear him. You being imposed upon III the
interest Of certain large Office buildings
TO the above Mr. Levy received on Saturday the
following: ,. . o. .,,.
Introduced the Height of Buildings bill al the re-
quest of the City Club. Some of the members seem
to think that there should be some legislation on
tails of the bill and do not consider myself sum
to their Correctness Proper hearings will he had
At a recent meeting of the executors OF me A.
p Sturtevant estate 1t voted to sell the Sturte-
want House In Broadway, provided a fair price
could he obtained.
Richard Y. Harnett & Co. March II will sell
AT auction the Osborne apartment house at the
northwest corner of Fifty-seventh-st and seventh,
ave The building. which is eleven stories nigh IN IN
front ard sixteen in the rear, was erected by me
builder, whose name 1t now bears he ppft S
the site from John Tayor, who advanced ed. MN IA
was estimated and Mr.. Osborne failed before com,
plctng it, At the subsequent sale, under decree
Of foreclosure William Kennedy 500 the properly
to John Tav,or's heirs who completed the puiih br
1t is 10 accomplish a partition among the hers
that sale IL 10 be held.
BtIsjness in the auction market has been some
what limited in the last week owing to the fact,
as stated before that legal holiday has broken
INTO r. Nevertheless the results showing that
G S75 we're realized should be considered satisiac
tory when compared with the total SAFES OF S-"''i-
for the corresponding week Of 1898. 49,,
In Brooklyn the auction sales last week realized
the sum s695O. against slsS575 for the same week
The asst weeks reported sales by private contract
In this city aggregated nearly @v""" InG sac
before referred to- has. OF course larger! con'lo-
uted TO the aggregate investment, but mere mas
Of small value Lots have sold exceedingly we'll
and the reports Indicate that the inquiry for dwell
ings and other classes Of realty has continued
The total sales at private contract for the cor
responding week Of last year realized the sum OF
The conveyances reported last week were 21o. OF
which los were nominal the remsinder being repre-
ing week Of last year the transfers numbered 2l9
usnresented bv total of 50 900 955 In the Twenty
third and Twenty-fourth wards. including the new
annexed district. there Were fftythfee transfers. OF
which thirty-one were nominal the consideration
for the others amounting to si.175. against thirty
the others amounting to sllOs00. According to the
nlans lied last week in this city with the Building
department. the estin atei cost OF the projected
new buildings figured by ihg arc mi reached
responding week Of last year.
There were 23s mortgages, involving the sum OF
So 4g o25 agains S3.9sl309 for the same period OF
1895 The rate of interest continues about ) per
cent year