New-York tribune., 1897-12-27
REAL ESTATE.
GOOD BUSINESS DONE IN A SHORT WEEK.


THE CITY LIKELY TO PAY THE PROFITS IN
SMART pEA1--MYsTERY IN A RAILROAD
NEUTRALITY-SUSPICIOUS. IN HOTEL
AND THEATRE PROPERTY
REvIvINo THE AUc-
TIoN RooMs
Christmas week witnessed tho closing OF more
transactions in real estate than might have been
expected. considering the general holiday relaxa-
ton For ono reason brokers and owners alike
were anxious to complete as much business as pos
sible TO rouE1 out the year before making begin
ming on tho annual inventory and before the time
comes for considering what be done in the new
year
The business OF the week included what Is gen.
orally supposed to be exceedingly smart peco
Of trading over the block between Fifty-third ana
Fifty-fourth SIS. west OF E.evonth-ave Inc city
has dosgnated this property part OF the site for
a now small PARK. The beginning of the week found
the greater part OF the block in the hands OF tho
WASHINGTON Life Insurance Company. and the re-
rraialor of T. owned h. Mrs. Ruth A. Wallace.
Mr. Wallace however. speedily acquired the whole
block and wi.h!n few days II was announced that
she had turned It over TO 7. !. Sweeney. NO price
g announced in either transaction but the site Is
likely 10 he an expensive one when the city comes
- the purchasing point
The most important sale OF the week was that o.
n tract on the Harlem River. apparently for rail-
road uses though there Is consideraol" confusion
as 70 which railroad stands behind the nominal
buyer and will ultimately acquire the plot Among
other transactions was the resale OF a parcel IN
Great Joncs-st an Interesting feature probably
of tho Elm-st Developments. II 80 pleasing to
note as an indication o, tho value o, the weeks
business that twe,,e o, the parcels sold out o. tho
'hirtyNN reported arc said 10 have realized no
Joss than 5000.
For tho coming year there rumors OF great
prospects on ioo,. o. which viii affect tho
development oi Forty-s.cond-st 10 a considerable
extent. II IS said that In one o, these rival 20
tho Manhattan Hotel IS contemplated There is in
fact. Increasing interest IN hotel property. the
reason for thu being that hotel business in the
last year has been much better than in any pre-
vlous period IN the last hse. The thoughts OF In
tending spectators nre also turning theaireward
tho neighborhood Of Forty-second-st may soon
be tried.
AUCTION SALES OF THE WEEK.
To.day-By william Kennedy: Foreclosure sale;
Grosycnor Hubbard. referee; No 262 Morris-ave.
,nst side 81 fee, south OF One-hundred- snd-nfty-
second.st lsx7O SKI Ike four story brick ten
.rn.ni- -hOuse. wlth stores. due on judgment. Stss
T.ssitv- Iiy William Kennedy: Foreclosure sale:
0nc-hundroi and-forteth-st.. north side 10 feet
vet OF Eisnth-avc. iO0x9a II. four-story brick
s.atles due ou Judgment. Ei5'i: subject TO other
mortr1ses for t."D.
" Van ilotsen' rcferee Ciln,on-ave. east side 3
feet south Of tlmwooi Place. 25Hoo' vacant; due on
~ BRYAN /. Konnely Foreclosure sale: Daniel
J Early fcieree' ~ .ii Ms4Grrscaye. nor,heas'
ihree-story framo tenement aouse with store: No.
drcd- -and -hfty-hrst-st %9x7o3 three:story frame
dwc!l.ms house: due on Judgment. on No Cli N.'3i;
BY : DeWalliearss: Foreclosure sale: Porte V.
Ransom. referee; No ~ cherry.s, -eN south side
story stonc-;ront tenement-house' due on Judgment
nI Peter M 6 @ c. FnE,an snS %es9 5GAa ada IL
u 70 teet north OF onehundrei h,thst.
Wednesday-By James l.. Wells: Foreclosure
sale; frank srhaefIer referee; No s27 East Oae.
or 81 Ann'save; ?5yl0o. two-story frame dwelling;
BY James /. Wells: Foreclosure sale; Paul c.
MSyyers af Throcs Neck, Westchester @ 2SxI5o;
vacant: duo on judgment. ;,57.
BY William Kengeliy: Foreclosure sjs sale: Samuel
cnd-st north side: 1894 feet OF Secondave;
l;osx9S9 .; nve-story brick factory; due on jrds-
by Peer r. Meyer & co,,-ForecIosure sale;
seventh-s. north side. l5i feet east o, Amstcrdam-
ave- lixO)u ,hreesiory sone.trSnL dwelling due
By Peter +. Meyer & Co: Foreclosure sale: Gus
st. north side 90 feet west Of Sevonth-avc 2jx9s9;
nvo-story stone-front hathouse; due on Judgment.
ry August Kleinau: sherins sale; Nos. Il. 10
Duane-st begins Thomas-st.. south side. 200 feet
west OF Church-st.. runs south 100 by % by
west % by north 100 10 Thomas-st by east IS, hve
story onfront building. with stores and lofts IN
Thomas-st and three-story brick building with
stores In Duane-s: all title and interest of Charles
m Bn: cbaa the T. a4n@ c A rs @
George c. Holt. referee: No. 1iGo Amsterdam-ave.
northwest corner OF One hundred nd -thirty-sec
with stores; due on Judgment. 573e.
Thursday.-By D. PhGnix Ingraham Co. Fore
sae Eawa % nerfn Of no
ST. 2OxsO; nve-story brick tenement house, with |
stores: due on Judgment. 1856.
BY William Kennedy: Foreclosure sale; William
dred- nd-wenty thirdat south side. l75 feet west
OF First-ave. G.exiCo1l: three four-story- brick
dwelling houses; due on IL Judgment on Nos Sis and
Bv Peter r Meyer & Co: Foreclosure sale
George c. Austin. referee No. 5it East One-hun.
dred nd hrtyfourthst. south side $50 feet west
house: due on Judgment sl3.76S
Friday-By William NJ. Ryan: Foreclosure sale: |
Grosvcnor s. Hubbard. referee; No. 70 10 "A Hous-
ton-st north side. SOS feet west OF Wooster-st
43 2x75 a seven-story brick factory: due on judg
ment. s2523l: subject to other mortgages for sll2
oI5: No l6s Morcerst. west side l25 feet south of
sss So lsdsmen' '''' SUBJECT 10 0AeF mortgages Tor
on the premises at noon. by the referee. Milo J. |
White. southwest half OF lot No. 30 on map OF |
Washingtonville East Chester. being the south |
east side OF Catharine-st. 25xl0. vacant; due on
judgment Sel3
STATISTICS OF THE WEEK
Tho auction sales In this city last week realized !
sci7s as compared with s219 493 In the correspond
ing week OF 1896. The following tables compare the
convcyances. mortgages and buildings projected In |
the corresponding weeks OF 1895 and 1897
CoNvEYANcEs