The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-12-11
REAL ESTATE NEWS,

The report OF the sale OF the Olympia Theatre
and Music Hall is entirely premature. Officials
Of the Now York Life Insurance Company ad-
init that negotiations are on foot and that It is
probable the sale will be consummated. but
beyond this nothing will be said. This has led
to the inevitable guess. and Henry B. Sire 10
prominently spoken Of as the intending pur-
chaser. Another report had It that the VIC
toria Hotel had been leased. The property Is
owned blythe Paran Stevens estate. and George
Hoadly OF Hoadly. Lauterbach & johnson, who
Is Mrs. FACETS lawyer. declined to discuss the
matter yesterday. Cruikshank d Co., tho
agents OF the property, have no knowledge Of q
lease having been signed.
Real estate men generally have been inter-
ested in the question OF the responsibility Of
the Register to see that the proper stamp 10
affixed to registered documents. and for the
most part agree with the decision OF the Appel
late Division that the responsibility rests upon
the parties to the instrument. In view Of the
fact that a 500 fine is incurred by making,
signing or issuing any instrument without
aflSing the proper stamp. and the statement
Of Register Fromme that there are any number
OF improperly stamped in his office,
many SPECTATORS are wondering IL all the con-
veyances they have registered since the act
The, cheap rate of interest which became
prevalent in Chicago some time ago has reached
Is tal re ptSy saV With ia tEEs i iDta ea al ah az Sn pss building building
me important sales Of the week have been In
Broad|sy and FIFTH avenue properties, The
the good, record that section OF the street has
Broadway from Chambers. street to Fourteenth
mas mas, Reeh most encouraging to brokers who
Fifth avenue has contributed two large sales
IN the lower SECTION and several smaller ones
N the upper, Frederick Southack q Co. report
Is the plot on the west side OF Fifth avenue. 90
feet south. Of Eighteenth street. 32xl75. with
az 80 4 f Sa Eighteenth fhs er6hss street having a frontage
de Logerot property, Henry Corn bought hG the
property, from Louis Sachs. Mr.. Corn was
also the buyer Of the Moses Taylor property.
ne sale so OF |, which was reported last weeki..
lent site for the large mercantile building
which. 1t is said. he c~ontemplates building.
since the two plots adioin ON Fifth avenue. one
other a similar l. on Seventeenth.
The week has been rather quiet. so far as
auction sales are concerned; The only sale OF
to the holder OF the second mortgage. at a sum
q tribe over the amount of the hrst mortgage.
A sale n toreclosure OF this first mortgage was
iourned sine die. inviting the conclusion that
an agreement OF some kind had been arrived at
BY T the d 5srtISs hSl Z me en- %99rtgsges;
s ssste aav Soisa 6D S|Hl,lff, hasfo y S Ssx ysT x y ss6a s S%S
The New York Real Estate huctionesrss AZ.
ss9ssSlati9pn has elected the f~olISWIng ,oticers Tor
dent. Morris wilkins; Treasurer. William ii.
Ryan Secretary, d; Phoenix InRraham; Exec
ntiye Committee, Philip +. smyth, William +.
hhHnnoRq' refer +: Meyer. Louis Meiser. and
The following are the comparative tables OF
tIhS eonyeyanses. MORTGAGES. and projected
and 1897 ms compiled blythe Record and Guide:
CONyEYLNCKa-