New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-04-05
REAL ESTATE.
THE RENTING SEASON FOR OFFICES
AND DWELLINGS.

PROPERTY OWNERS HOLDING THEIR REALTY AT
ITS FULL vALUE-INTEREsTING AND M
PoRTANT sALEs-THrs WEEKS OF
FrRrNGs AT AUCTION.
,Ao .,,,,.,,,. which has been the feature Of the
roo, estate rarke, for the last four or five weeks
has not been greater than Is generally looked lot
by the brokers and owners In the spring SEEMING ana
renting season, although a consideraoie improve
ment In the market has been noted IN nearly every
class of realty over the period OF stasnation OF
tho fall and winter Notwithstanding considerable
erumbIns and complaining on the part OF the
brokers the present condition Of the market Is iar
better than was anticipated three or lou' honihs
ago and az compared with other classes OF invest
ment or business enterprise realty ceftaihV nous
It's
Fx,an.,ng nossbly the few districts where. owing
n changed and Unforeseen conditions. real estate
has deteriorated In value. property has more than
held It's own. is amply proved by the TACT that
owners have been able TO sell both business and
dwelling properties at satisfactory advances over
the prices paid and that there is little disposition
on the part o. owners who have failed TO sell 10
make concessions to prospective buyers. So far as
the season OF renting for offices and stores Is con
cerned every reasonable anticipation has been fully
realized and the wonder Is that the agents OF the
MANY new sky-scrapers OF such proportions as the
Commercial Gable Building. the Bank OF Commerce
ing Green and the New-York Life buildings have
been able TO secure such excellent results In sin
gle season. considering the many unfavorable con-
ditions The feature OF the ofice-rentns business
that is to be lamented this spring Is that in the
fierce competition TO secure tenants n system OF
Throat cutting" has been adopted on n large scale
and carried 10 what would appear in some cases
TO be an almost fatal excess.
The housc-renting season has. on the whole. been
q disappointing one, but this Is 10 be charged to
changed conditions rather than to any material
failure in the market. City people are seeking the
mountains or seashore For the summer months more
and more each year and naturally are not anxious
70 rent houses in the city until they return from
tbeir outings early in the fail. Thus the season OF
renting for dwellings which only few years ago
was practically ended on May !. has changed TO
the autumn.
The announcement OF the last week which caused
the most general interest, excepting perhaps the
selection OF a site for the new Han OF Records on
the easterly part OF the block bounded by Broad
vav Chambers Centre and Reade SITS. was that
the old Goeet mansion. which for many years
has stood as a landmark at Nineteenth-st ana
Broadway IL be replaced by an eight-story brick
building with stores ana salesrOoms. The general
IMPRESSION is that the old house. which is now
owned by Mrs Frederic Gallatin. was built by
Peter Goeet on this point n correspondent has
written to The Evening Post as follows
"The so-called Goelet mansion now about to be
demolished
Cornelius riebout Williams, who lived there until
| he died saw about 1887. The ground was originally
q norton OF his farm. which extended from FIJI
feminist TO about Twentieth-st believe that two
OF his daughters now living who were born
there They still own the land which Sloane's
store occupIes with one two lots adjoining.
The house referred to is buff on the line Of Mad
ison-ave."
SALES OF THE LAST WEEK.
.Lo ,,,oe, jr,norfant Of he sales OF realty
recorded last week are the following;
The Frank l.. Fisher Company has sold for TIE
Metropotan Improvement Company to Mr.
Parker ne xc fes'TSS and x
- Nest Eighty eighth-st. This Is one Of the three
E1,b George Ggfs ny q E aH$ug Sons CO.
John r. Hamilton has sold for J. Q. Baker. at
about abb .S 500 ode Of PRt am min terrace @ feet north
of -hundred-and-fortyf rst-st TO Robert Kelly
Seton & Wiss,nann have sold for the Colored
Home and Hospital repeSen1edi by a. 49, OF 5s
feet on Sixy-fourth and Sixty,hfh SITS. and 2oolo
the entire block except the Avenue front. for
total OF $4,000 The buyers are me lily ana , Iu ne
urban Home Company ModeI tehciheii's Will Oe
Henry d. Winans & May have sold for Captain
IL enryf M STG l dweng plot 5xos2 on the
north side of seventy-eighth-st. 80 feet east OF
Douglas Robinson & Co have sold for pr i IEhn
Jay he SS ye4'qWyy c.t
The Brinkerhoff estate has sold the four-story
,Hnen Ron % and d'T d. for about $4,000
| Mandelbaum & Levine have bought through
Horace S Ely & CO. from the United States Trust
GomnanV as trustees for the estate Of John Mecca
hill the four-story front and rear buildings WIN VIZ
lot 25X1Gl no. ~ MOnrOe-st., ana nave rcsolu IHe
| ola three-story brick dwelling, with lot 25Xlo' NO.
il Macdouga-st. 49, 49,. coll ,or william, y
| Rose trustee for F. II. Mcla. the new tcn-story
store loft and oie building NO $ B r. i.r nr
annum and the cightstory store and lofl builaing
No Il to q Lafayette Place gTsxi$S connecemS
! Alfred G. Barnes gives in exchange. at aboni
100000 the sixsory business building Nos III a,r
/ l73 Greenc.st. near Bleecker 4xlW' me sIX-stoiE
| mercantile buildings Nos; 30 ana - Sprihg-s..,
northeast Gorner Of Crosey-s''' 'oAiiz' ana SONIC
q We Voliahg & Sons have sold. for Mrs Or Helen
Boetzkes to Frr tct en- With stores
Nos s7s and 97S Third-ave.. between Fifty-eighth
John i. Archbold has purchased from J. L..
Hutchinson at about N3%S NE - one
d irom' south oM'l'' of STRrty-nfth-st'
Henry D. Winans & May have sold for Mrs Julia
A r. Romaine at $500 the four-story front
Gyyall,ns 81 Gyf0x1oO5 10 West Forty-seventh-st.
and for r. Fulton Cutting TO Kaym9hI iioaRa a
Snton e Wissmann have sold for Francisco Bian-
! chi 1T about $1,000 the four-story stone-front
dwelling with lot lJxlo)5. NO. Y East seventeen
S'Naething Bros. have bought from Emma p. De
| Groot No l2o Futon-st.. four-story brick build
something under $1,000"
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 April BY Peter F. Meyer Co, fore
closure sale John Delahunty. referee No. l5l East
One-hundred -seventh-st.. north side, " feet
! east of Lcxington-ave Ixlv.ll, four-story brown
! stone nathouse Duc on judgment, &,is2 subject 10
! d. Wiliam Kennciy foreclosure sale Francis p.
Iowrev referee northeast corner of Forty-hfth-st.
ana G0x753 three four story and base
mont brick and stone front dwellings Due on
Judgment s29.5s7. ,,.,,,
nv ID = Ingraham & Co. foreclosure sale. Will
| tan, q Davies referee. Decatur-ave., west side
iCe feet north of One-hundred- d-egh ty-ninth-
|