New-York tribune., 1897-11-08
REAL ESTATE.
RETTER BUSINESS LIKELY TO SUCCEED
a DULL WEEK.

A DULL WEEK
DWELLING HOUSES STILL. TIE MAGNsTAY OF THE
MARKET. But THE TIME FOR DOWNTOWN
OPERATIONS NOW HERE-A PROMISING
SCHEDULE FOR THE sALESRooM.
No great amount Of business expected in the
real estate narke. last week and no great amount
was transacted. Business in private sales and in
the auction rooms fell off a cons lerabe extent
al which no was sUrprised-and in the few
transactions reported there not one OF more
than passing interest. On Monday-that day pre-
ceding legal holiday--and Tuesday the brokers'
Offices were almost deserted. Wednesday was prac-
ticaIy given up TO discussion OF the result OF the
election and the payment OF bets. and on Thurs
day and Friday duness again reisned, as though
operators waiting for an Indication as 10 now
the market going. ~
The one transaction Of the week which caused a
rlppe OF comment concerned brooklyn properly.
This WAS the sale to the Reynolds syndicate OF the
West Brooklyn Land and Improvement Company
holdings. some 1900 lots in oil. In the Bay hldge
district The Reynolds syndicate Is reported 10
have given 10000 for the property. with the in
tenon OF erecting 5000 houses for The prvai" mar
ket. The most important OF the few New-fork CITY
transactions was the sale OF Nos. and West
Thlrticih-st two fOur-story brick buildings. IN"
lower floors Of which had been remodcllcd for busi-
ness purposes The S2oo.cO paid for this property
means a handsome profit to the sellers, but II Is
understood that the rents from the buildings VIII
yield . per cent net on the sum invested by the
purchasers
For this week important negotiations are SAID 10
be on foot for various large properties among them
for a valuable Broadway corner between the two
downtown churches. and II j. pretty generally
agreed that there large amounts OF capital ready
for investmcn, In city realty. which y not us'd
IN r'i
in other directions on the same lines. As to the
effect OF the election upon the market II IL not
likely 10 be great 4 few brokers In ;he Tend"ilolh
district have been "whooping 1t up for the Tam
many regime since Wednesday. on the ground that
they have received few applications for corners
TO be rented saloons and hat this Is proof posi-
tive that prosperity is retrnng' 10 hat region
Apart from this however the effect of the election.
so far as yet be- seen is absolutely NIL and none
is likely TO be seen for some time at least
THE AUCTION MARKET.
Las, week tho offerings At the auction rooms
were few and unimportant. This week there Is a
long schedule. however. and number OF valuable
parcels in It. Next Wednesdays sale of Washing
ton Heights lots 10y Bryan l.. Kennedy IS partcu-
larly interesting. as its success viii show clearly
how property IN this section IN the direct route of
the proposed underground rapid-ransit railroad
regarded In the market and under conditions likcly
TO afford n fair test.
Some Of the principal auction sales Of the week.
10 take place NJ the Broadway salesroom. except
where otherwise specified. are the following:
Monday-Ry william NJ Ryan: Foreclosure sale.
Francis L. LOYrey referee, No. ~ East Onc-huu-
of park-oyn 2sxn II fvo.story brick nathouse:
due judgment N,sG5: subject 10 another NOR
BY j. PhGnx lngraham q Co. foreclosure sale
ST. north side, 225 feet east Of Coluubus-ave. "N
100 II; vacant; due on Judgment; S.%N ,
J..
5 Farley referee. Nos. l6f and lGs West one hun
sterdam-ave iDxinll. two nve-story brick fiat
houses: dhc Oh Judgment N4s3; subject to other
By Bryan /. kennedy: Par.itonsale Edward ia
cobs. referee; 40 7ls Easi pne-hundreo.
ingion-aye.. 2jNll7.S. two-story frame DWELLING
Tuesday-By william kennelly. Foreclosure" sale.
told number 3a side. t5i feet north o. Tenth
ST. GsxiDs 3y2i 7NIo2s. scvcn-story brick factory.
due on Judgment. E3la' subject 10 another mort
Fy srGqF I re2o r. ForcoorC "a % rs .'r nrora%s1 c@s'1
southwest corner ~ Four'h-st. '".'-N'i hN-sigry
brick and stone huiidns. with stores dn" on j'ds-
ia BY = ii Ludlow 8 CO.. Sale by order q ne
vest of socond-avc.. 253Nl~% four-s''ry hr''h
by bryan l. kennedy Action tor oscoqnlne an,d
cree. so a5 Eas, Thirty ,..' north -lie. ll3
Poet cast 20! NiiiS)n-afc. -.sN''' thr'" STORY
By peter +. Meyer * O. Foreclosure sa,.c;
Icl feet north of One-hundfel and sixty ar@tst. oN
KS threc-s,ory frame dwelling and vacant. ''" o"
BY Richard y Harne,, & CO: ASSIGNEE sallc:
Thomas Cosroyc. rcfercc. So +2 o., "na -"
Boule,ard; southeast corner o:. one-hunircd-.u
browucst 'front.' apartment houses. Win store IN
H rcd Chnrcs hS5@ yd m l foT'9lI ] ouh
side 3-i feet clst o. Avenue A. --Nlo2 four-.iory
W"dncsday"hy IirJau H. Kennedy. Publ" auc.
tIon sale: g lots ~ Washington Heights. situated
m. ltf ffr ftFftl-
nfiy-ciehth-st Amsterdam. Audubon convent.
Fort, Washington and Post aves, knsshr. ise
cniy- fourth one hundred and-scyenty ninth Ong-
hundred and -cghty-thrd and Onc-hundr'd-and
On"-hundred- and forty -s"c ondSt. norm SIDE ~
feet west Of tn. Boulevard
J. McDcrmotl. referee: Rogers Place. west sidc.
yns, 81 10 the cast side of
hfthst by south 2lio by east 1910 ly southeast 80
vacant: Jennings-st.. north side 80 feet wcst of
Rristow-st 25xI757x 7x25xl7l2 vacant Brlstow-st..
west side. 70 feet north Of Jennlngs-st.. 2jxs73.
vacant; due on Judgment on the foregoing parcels
By John y Gold.ng: Foreclosure sale; Edward
G. whitaker referee. plot of - acres at River
dale. Twenty fourth Wnra; yihg netWorh rcttnsq po3
and interest Of The New-York Central and Hudson
River Railroad; also plot Of 925 acres Riyerdalc.
lying between Bettners Lam" ana IN" Hudson
River. with rights to land under water; due on
by D. Phoenix Ingraham Co: Foreclosure sale:
George I.andon referee; No. l423 L"Xington-avc.,
southeast corner Of Ninety third-st.. 1G5'2X70
three-stor brownstone-front dwelling due on judg-
ment Sl0724
BY Peter r Meyer & Co.: Foreclosure sale;
Horace Sccor jr. referee. One-hundred-and twenty
ffhst.. south side 100 feet east OF Frs-aYe, runs
east of Harlem River by south TO north side Of
-twcni y-fourth-s by west TO point
30 feet east OF Frsiavc by north IOl by west = by
south II by west - by north II by west 40 10y south
looll to north side OF Oue-hundred -and-twcnty-
fOurth-st. by west 2S by north loll by cast by
north lW1l. one. two and three story frame and
brick buildings. with rights 10 land und'r wafer
Onc-quartcr interest; due on judgment, &D9ll
by Peter +. Meyer & CO.. Foreclosure sale; John
Dclahunty referee. Forest-ave. northwest corner
Of One-hundred- y-sxth-st, lyoXl11. vacant.
due judgment, 500.
Thursday-By Bryan L. Kennedy. Action for ac-
counting; j. Campbell Thompson referee. No. l5
fnIlr nnrih -ln