New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-06-22
REAL ESTATE.
BUSINESS IN THE FIELD.

BUSINESS IN THE FIELD.
Midsummer du ness has settled down upon the
real estate field. There has been medium amount
Of trading this last week, but few sales OF excsp-
tonal Importance have been carried 10 con-
cusIon.
Three or four sa.es OF interest OUT OF 'he
ordinary, much in themselves however as
for the.r significance upon the course OF events IN
the immediate neighborhood where they occurred
one of these wss the sale of two-thirtis part
OF the old St AIMS Church property in Eighteenth
ST., west Of Flfth-ave, TO the William j. MarVitt
Company by j. c. Lyons. for s59oo0. THIS IS the
fourth transfer Of tho property which mas Deeh
made within some sixteen months. The company
say that they will ten-story building on the
site for business purposes. There have Deeh sur
misses that this site would be incorporated wan
that of the Sie gel-Cooper Company already occupy
ing a large part Of the block This Is denied by
the company. Tho building Is at least TO be
used for the retail. drygoods trade. according to
good authority.
The sale OF the hast two lots Of the st. Luke's
property IN Fifty-fourth-st. 10 Francis b. Kinney
FOR $4,000 has attracted much attention IN the r-i
estate market. That this whole properly was con-
sldered extremely valuable for cub or resdence
purposes was shown soon after the site was Of
ferei for sale by the option taken on u by the
Samuel syndicate. which failed, however, 10 mAhe
good It's preference The University Club has taken
the four lots IN Ffth-ave. adjoining Fhty-!ourth-
with Il Ltp,h OF 10 fett. Otl"r pufCHaoo'' vi
the site who are already erecting residences here.
or propose TO do so are William Rockefeller James
Stillrnan william Murray, ]. J. Goodwin Dr.
George Qulnby. Mrs. Helen J. James and III
Thomas L. SUbterthwae. A eyndicate whoh
bought four lots and has erected residences upon
them has already sold It's holdings at private sale
TO individual buyers
The trustees OF the hospital have already OBJ
taned 81 $4,000 for twenty- OF the lots sold the
corner at EYfty- nfth-st remains unsod anu this'
with the few interior lots remaining according 10
the price asked should bring in a total amount OF
abou, s. $4,000 for the entire plot
Despite the announcement that the negotiations
for the new hotel TO be managed by James II.
Breslin. at Thirty sxthst.. Sixth-ave. and Broad
way have been concluded, work on the ffteeil-
story hosiery cannot be begun until several SUD
diincuity appears to be over a satisfactory under
standing with the lessee OF liquor place IN olxtn,
that his one-year term OF tenure may pro- 1Sss a
good investment The ssenis OF ~ ,bd ~ rSs asmoi
ZION OF the old buildings VIII be besuh WITHIN
week. .,s ,-o
real estate transactions conducted, especially
where new h9s or So ssS o s the Wdey synd
cs' which = 9okdns i9r .tr and Of the
Harmonic cue. which wishes to move uptown rom
Hotel in Chambers-s; he thinks that The tune IS
ripe Tor the erection Of huge downtown h9,e.
iest days And his for the accommodaii9n OF bus
WeT OF vii IL na tax wH abo Sn'' h pans
ever on the ground that II 4 were known In wna'
9H 1 S %s Re Owners p up 0 e S but
every -ssee would have eyes at once DUG ny out
for ,srm Of years has been the most per7'leAing
problem which would-be purchasers OF properly on
i .arge scale have had 70 deal with Real estate
brokers take the mos, Intense care to keep any
such pending deals close secret. Even then they
of,en lind At the eleventh. hour that they nave one
or more rrcalc;rant iessees 70 deal With. The
Segel-Cooper companys experience oyer ;hs lease
OF The two-story .hanty a, Eighieenth-st. Is an
A. for the Harmonic Clnb,s search for rev new
Ii rty and more sites have been placed before u.s.
6a we are gy =, o Ne sSa a. 20 C. Sonsderaby
above Forty and P9sSSiSy a9eVe fily
Central Park Wet no, many blocks above Fifty
ninih-st have been carefully considered But. bless
S srencS ua san s 9 have been made
w.,h les-ees Otherwise lnterminable difficulties
Among the auction sales announced as immc-
dsie.y pending are he fooTng g. 70 v,,, SOP
a. Su: no. a, IL 3 Plys on TuesdSy Wlsm Ken
IL Els; Northumberland sixty f9urih-st and on
he day PT9pTy on '"G nq fc. ease Of
Isnox-aye.; On the north side OF one hundred-and-
rs i % e eIr OF on F jant the
NewYork Rea Estate salesr0om ne prick tene,
me- same piand Phip A. smyth viii pm, up Nos
IS and 50 Roosevet-s;. including Nos. l3 and 70
New Bowery, and No 81 New Chambers-St: also
Nos ,o6 and i0s East Eighty htth-si. and on June
"a property n Yonkers and at No. l29 East one
hundred la nj tenth-st.. this city.
To-day y. Phoenix lngraham & Co VIII place
a, duc, .on. at thr same place, no 20 West one.
hur,lre, "A nj I hriy-s Xth-st. and subsequent
days the premises on the west side OF l,or!ard
pace. near One-hundred- and eighty on
Inc north side OF Thrdst, l,5 feet west OF First
ave and IN East Twenty Mth-st., East Ninety
g gh;h and East One-hunired- and seventh SITS
James l.. Wells announces for sale on We!nes-
day A, the place, sixty-two lots in Ire.
mont In Ryer Valentine and Anthony ayes. and
on subsequent days during the week In East One
hundred end-hrty-fourh-st, 10 me southern
and on the side OF Day-ave. 2Si feet north
50 80 to j2S West Thirty tourth-st. will be Of
fered FOR sale by + II Ludlow GO. on June 80
Peer T. Meyer x CO.. at No. III Broadway. viii
place on -a,e June % the properly n the north
west corner OF One-hunired-and-e ghteenth-st. and
Fourth-aVe. on "Wednesday the same firm vii,
offer property on the north side OF Sevent!sth-st:
2-5 .ect west OF SecOnd-ave. on the south SIDE OF
Tn rt4enth-st west of Seconi-ave. and other prop
crty near Thirl-ava.