New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-03-22
REAL ESTATE.
ACTIVITY IN APARTMENT AND DWELL
ING HOUSES.
TIE MARKET CONTINUES FIRM AND SLIGHT
IMPROVEMENT is NoTED-THIs WEEKS


diton Of the real estate market last week. and the
return Of the old-time activity In hathouscs and
dwellings was the feature Of the weeks transac-
lions Many valuable lots or the upper West Side
were bought, principally by builders for improve
ment and long list of plans for new buildings In
nearly every section OF the city went on file at
the Buildings Department. In fact. no section OF
the city was wholly neglected by the brokers last
week Even the tenement-house districts on the
East Side showed decided tendency to enter into
the returning era OF activity. The Improvement in
the volume of sales and exchanges Is slow. and
from one week TO the next is perhaps hardy APP
parent. but glance at the records since the hrst
OF the year gives ample evidence OF increased
sales returning confidence and of movement as
firm and steady. as II is slow and cautious along
the most healthy lines of development
THE ORPHAN AsYLUMs FIFTH-AvE. SITE.
The application made last week by the manage
ment Of the Roman Catholic orphan Asylum TO
the Board OF Aldermen for permission 10 sell its
valuable site. bounded by Fifth and Madison ayes.
and Fifty-frst and Fifty-second SITS, caused con-
siderable comment among real estate men and adj
joining er;y-owners. The rumor got abroad
that the Asylum had been prompted to ask for this
permission by a conditional offer for its property
in whole or in part. and had therefore decided TO
arrange, IL possible to erect more commodious
buildings in the Twenty-third or Twenty-fourth
Asylum. denied positively to Tribune reporter
that any such offer had been made, or that the
management had any offer In prospect. Mr.. fleld
said that there was ample room for all the chdren
sent to the institution when the site was given 10
the Asylum about fifty years ago. but that. as was
the with st. Luke's Hospital, the present site
had become entirely inadequate and the man
agement hoped to be able TO sell the property and
move 10 the Twenty-third Twenty fourth ward
for exactly the same that had induced the
ST. Lukes Hospital authorities to ask the city for
the permission to sell their Fifh-ave. site II the
desired permission is granted. Mr.. Field said the
block would be divided into city lots. and
the latter sold separately 10 individuals. 1t is esti-
mated that the block 2lox42o feet is worth not less
than 81 co., CO., and the total sales Of separate lots
would probably bring the figure considerably higher
than this With tho handsome dwellings that
would be erected. the city would be able TO tax
property worth between $4,000 and S5,H"6oo.
whereas no taxes can be collected the property
so long the Asylum holds it.
MANY IMPORTANT SALES.
Among the important, sales recorded last week
the following:
Hoffman Brothers and r. II. Macdonald sold for
Mary A King to an investor the hve-story bust
property No. 20 West Twenty third-st., hav
ing a frontage Of 2s6 feet and depth of half the
block, for little less than $4,000
The New-York Realty Exchange sold for John
Seger No 90 10 "a East One-hundred and -irst-st,
each 25xsmlco. at $50 400 TO William p and David
A. Youngs, who will give in part payment at $40 900
story brick tenement-houses.
Gustavus l.. Lawrence sold No. 23 West One
hundred and sixth-st., five-story apartment
house g. ixsOxoo feet. 10 an investor at reported
price of about 5000.
of Louis Greenhut TO Frederick w. Marks the
three-story brick dwelling 2l.1ox55xsss No l57
J. b. Cole to Patrick J. Moffatt about $500 the
unfinished sx-story apartment-house. Nos. 1873 and
J. Hamilton Hunt has sold for Sigmund Stein
man mann ana John mn c wilson to MI Mr. Ayer at less
foxlco, No. GO West End-ave.. Ninety-sev
L. ]. Phillips & Co have sold for James A.
Frame & Son to DIR. a. r. Morris of Eas; Orange.
\. j.. the four-story brick dwelling. 2Ox6OxlO22 No.
five completed year ago; for George c. Edgars
Sons to Benamin Lowsy the fogr-storY brick
for Louis Silk Edward and Henry Hirsh a plot,
S 0 on the of n
BENJAMIN f. Romano a plot. 1VonXlO. on the
southwest corner of Manhattan-ave. and One-h,n-
dred-and-frst-st. to William Rankin.
D. n scuy has resod for Isaac Bitterman The
two triple try ye,sory nats 2Sxxss II each Nos 1913
Andrew Robinson. for about $4,000 each.
, George 5Ss a. White tie has sold for I9hn Cole
2os6 feet asst Of Thrd-ave. TO Bernhard Schaeffei
who will erect four hve-story fathouses.
THIS WEEKS AUCTION SALES.
Among the auction sales scheduled for this week.
to take place at No. III Broadway. unless other
wise specified. the following:
Monday March ply Peter +. Never & Co. fore
closure sale George {. Austin, referee, No. 1883
Lexington-ave, west side Osls feet south of Nine
ty-fourth-st., 167x75. fOur-story and basement
brownstone-front dwelling. Due judgment.
S076.
Browne referee. Amsterdam-ave., west side, 49, II
feet south Of Northumberland forty rstst. 25x00.
fye-stoIy brick tenement with stores Due on
TUESDAY. March 2S-By Peter F. Meyer & Co.
r.fay
BleecRer.st., 7iSxioOx74 sxlco seven-story, brick
5 subject 70 rs m9 9 for n5"Co p
IA feet north Of One hundred-a fortieth-st Ok
100; fivestory brick tenement. with stores. Due on
BY William Kennedy. executors sale No; 1sl
East sxteth-s,. north side s. feet west OF Third
ave. 20xlco5 four-story and basement brownstone-
BY William Kennedy. partition sale, George w
Place south side 1853 feet west Of Avenue A. 2j.ax
BY William kennedy foreclosure sale, Charles
=. Decker, referee Nos. lp6 and 1905 Brook ave,
sixty-afth-si 5S1xi4xoSsi9 two brick
fats. Due on judsment s. 523.
D. Hoyt referee. No, 5ls East one.hundred-and-
ninthst, south side 225 feet east Of second-ave,.
stable in rear. Due on Judgment. $3.50 -
Wednesday . Ma rso- aBy Peter F. Never CO.
east corner Of Northumberland forty fourih-st.
and Bradhurst S2Sl1x1coGi.x 1899 H. hve-story
brick fiat. with stores. Due on judgment. $50 52.
BY August Kleinau. Sherin's sale execution
No LIPS Park-ave., west side, 75s feet north OF
brick tenement. with stores. all interest held by
Victor Kallman on January o, 1897; also Nos. 600
and s3i Park-aye.. east side 81 fee, south Of
Eighty -frst-st, 53.3xlQo two fve-story brick flats,
all interest held by Henry Degener on January %,
1881 Due on judgment, SIS.
BY William NJ. Ryan. foreclosure sale. block
bounded west by Eghth.ave ioSl2. south by Fifty
eighth-st G.sa. east by Broadway 75sa.. and north
by the Grand Circle 1874. six-story brick hotel
BY William NJ Ryan. foreclosure sale. Edward
r Donnelly referee. West Two-hundred-and-fifiy-
fourth-st or River-ave, south side. foot cas-
OF land Of Hudson River Railroad Company, runs
east COS across West-ave.. as shown on the map
of Riverdae to an alley by south 300 by west Gso.6
by north PCS 10 beginning, two-and-one- half-story
frame dwelling and outbuildngs Due on tudg-
ment S1.10s.
Nv Richard " Harnott Co.. foreclosure sale,
Walter G. Henncssy. referee. East Ninety third-st.
south side. 1908 feet west OF Third-ave 166xlOoS