New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-06-07
REAL ESTATE.
A REVIEW OF THE LAST WEEKS TRANS
ACKNOWLEDGEMENTS AT AUCTION.

A REVIEW OF THE LAST WEEKS TRANS
ACTIONs-OFFERINGs AT AUCTION.
The last week in the real estate market opened
well, with the sale OF another large Fhth-aNe par
eel the third in that ,horoughfarc within the as'
few davs J. T. Tower purchased from Marun "
Bro through John y. Golding. the valuable ploI 81
the southwest of Forty-iifth-st' anu IN
ave. 50x100 feet. at reported price oi aoo"' S'
The present sellers bought the entire plot Of NoSiVo
feet at the corner named from the trustees oi ''c
Church of the Divine Paternity not lorg ago IoT
sc2S OG0 and now dispose of the more valuable nan Oh
the parcel considerable advance MY lo"e'
will begin at once the erection OF teh-s'or! H'e
proof store ard lofts business building on the p'o''
This sale only goes TO confirm further the opinions
Of real estate experts that, despite The geneGaF
stagnant condition of the market, real estate values
In Fif;h-ave are steadily the increase and VIII
continue 10 rise long as the present dcmahuS u
the retail trade make it profitable for investors 10
continue the transformation OF this time-honored
residence section into dstinctvey business thor
pughfare.
Aside from the sale already mentioned there was
nothing of special interest in the transactions OF the
last week. In the auction rooms the offerings were
OF character 10 attract prospective buyers or
TO stimulate spirited bidding. with the exception or
the Maiden Lane corner. and that parcel sold at a
figure below what the heirs had declined to sell Tor
about year ago.
II Is rumored in real estate circles that ore OF the
stockholders of the Real Estate Exchange Is soon
TO make application to the Supreme Court Tor the
dissolution of the exchange ard the appointment OF
receiver wind up the affairs of the organization
by selling the Libery-s; property and dividing the
proceeds among the stockholders. The application
If made will be somewhat unusual one. as the
exchange has debts is amply able 10 discharge
all obligations 1t may incur and has property far in
excess of the, par value OF Its stock This dssatis
fed sockholder ii is said takes the ground that,
purely business venture. the exchange does not
pay sufficient dividends justify its continuance
That there other stockholders who OF the
same opinion shown about two weeks ago. when
a meeting of the directors of the exchange
called by President Alfred +. Marling at the City
CLUB. at which the question of selling the Liberty
81. property discussed. The Chamber of Com
merce was mentioned at that time a possible
buyer. President Marlng Is out of town at present
and the name of the alleged dissatisfied stockhoIde-
could not be learned.
IN THE AUCTION-ROOMS
Among the auction sales scheduled to take place
this week at No. Ill Broadway. unless otherwise
specified the folowine
Monday. June by Bryan l.. Kennedy Twenty
third and Twenty-fourth wards. seventy lots stu
ated In Third-ave. corner One hundred eighty
eighth-st. Brook-ave, corner One-hundred-and-
sixty second-st. Southern Boulevard. Boston. Pros
Place. One-hundred-a -forty-ninth. Onc-hundred-
and,hftieth ne-hundred-and-ffty-fi One-hun-
and One-hundred- land -eghty-fourth SITS; voluntary
BY William NJ Ryan. No 51s West Fifticth-s,
house lot 25xlo5; amount due. s2loS5; foreclosure
referee, Thomas +. Donnelly; attorney William G.
Arnold.
Tuesday, June s-By Philip A. smyth. No 1o7
East One-hun1re "A nd thirteenth-st. near Park
aye. a three-story brick private dwelling. lot 16x
No. s73 to SIT Brook-ave. near North Third-ave,
to r" se PdG arr
north AL and east 9S4 10 Brookave.. and south
west 225 to an angle and southwest COL: amount
Petty souard & walker Realty Company against Sh
Giacoma Pisciotta; referee. Jesse S. Nelson at
BY William Kennedy Park-ave southwest
corner of one-hundred and -ffth-st.. fve-story
brick and stone front observation-disclosures lot 276x
BY Peter F. Meyer & Co.. No ESQ West End-ave..
dwelling, lot lSxSo; amount due. sl97Gs: Foreclosure
sale sale John s Wilson against John Dunn ct al;
I TheS, Jonn IL. hogan; attorneys, Simpson,
by BY the sheriff No. $lS East Eeventh-st. near
three-story brick tenement-house in rear lot 25x
H ale;, q, All tide which Edward Mcmahon had on
No 1876 s,anton-st.. near Ridge-st.. a nve-story
brick tenement house. lot 25x75; subject to mort
ga gag; MvTo AZ I'll title which Henry Mosback had
,1 No i near Rages foursory
gage. $1,000 Al title which Henry Mosback had on |
by Richard V. Harnett & Co, No 231 Bowery. !
near Rvington-st., plot 25xl7l Heirs |
sale at No. SO Liberty-st.
No, No: Z5s Bowery adjoining the above a one-story
at No. 80 Liberty-st ~ '"''
o, y Wednesday; June BY Bryan L. Kennedy. Nos !
IS ana 30 West Ninety eirhth-st near Hnster. |
S WHs, ~ two hye.story brick dahouses runs
p R9aq by norh iax2s loS4Os: amount due 2sas
~ RohiOsg $3.50; foreclosure SALE Edward
Becbe e' "''o'heys' ravens d J
BY William Kennedy, No 1873 East Th,rteen,,-s,
i"t xan ttree-story brick tenement house
Asenath Osgood ct al. against George Tboiss 81 aI
T sei w. l.. HOLSTER: attorneys Davenport &
BY James l.. Wells No IL Yves, Nino,,.,h.s,
near Central Park West. fourstory stonefron;
nwTs 10Y TS amount due. 1897 prior
against John b. Smith and an other: refere. In,
b; r bims; attorney benjamin F. Kraft ''''''
No i9 West "1G BX Peter F. Meyer Co.
three-stOry brick dwelling lot N)x1ts onnn, ~
SEED: foreclosure sale; Catherine A. ConckIIni
Jacobs; attorney. James +. Carpenter "
ave-story stonefront dwelling lot 25xs5' mount
against Michael Is: Leaviit ct al; referee EdwnTd
Jacobs; attorney: James E. Carpenter ''D""''
BY Philip A. Smyth. No. S5i West sixteentb.st
739x25x76: partition sale. "' 'o' -N
No. 4oS West Sixteenth-st., near Nlnth-ave throe
story brick and frame dwelling. with four.story
partition sale Michael F. McGrory against I'M.
lam H. McGrory; referee Howard j. Forker; at
orney. John Vincent.
IT.. near Coumbus-ave.. four-story brick dwelling
ot 2Xl02.2; amount due. S7.l0S; foreclosure sale.
EQUITABLE Life Assurance Society against John r. !
Farley ct al. referee Philip NJ. Lepkn attorneys.
No 33O to s34 East Nine,y-eighth-st near FIrs,
ave-, threc-story brick distIery. lot G5xlOOil:
1.,.