New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-14
REAL ESTATE.
DEALERS ENCOURAGED BY THE DAWN
OF PEACE.
FALL BUSINESS LIKELY To BE GREATLY BENE-

FALL BUSINESS LIKELY TO BE GREATLY BENE-
FITrD-THE BENNETT BUILDING SOLD.
Real estate dealers one and all were encouraged
yesterday by the that the peace pro'oVoi
had been signed. and II was generally agreed that
the outlook for the fall business was the better
for IL. Already in last weeks transactions there
had not been wanting signs that the dull season
slowly drawing to close and that wheh III
vestors and brokers begin 10 return from the noun
tains and seashore. they will in a week or TWO.
the market VIII take a strong and healthy tone.
Except for a general indication Of postponed bust
ness last weeks trading was not remarkable but
that to be expected in the middle OF August.
The private sales were few. among those reported
that Of No 6o3 Ffth-ave. by Collins G. Collins. being
neighborhood Of $4,000 The sale or. rather the
transfer OF the Bennett Building Is interesting only
far it bears upon the troubles Of the John
Petit Really Company and the disappearance OF
fits head. reorganization o: this company and
Nj. Pettit's subsequent reappearance none the
for the tales printed about him. have been
GENERALLY p!ophescd among c,, lockers who know
The auction business las, week showed fair I'm
provement II was enliyened ntte by c9 We,sr
in partition Thcse formed the corner OF 3Inn
Tbe pio was didea for 5hH purposes Of sale MO
two parcels 25XlOO each each carrying with II the
parts adssS Of n 9gGs i Se ns Sn a hs S
buyers being firms Of real estate dealers who
favor the Hebrew tenement-house section.
LATEST PRIVATE SALES.
Contracts signed yesterday by it'HlH r.
Sire with Dr. Henry r. Waite representing the
John Petit Realty Company. for the purchase or
the Bennett Building In NassaU-st.. running from
Fulton to Ann-st This sale is said TO be part OF
a scheme OF reorganization of the company MT
Sre's brother. j. :. Sire. said that the Price palu
was between 81 $4,000 and 10000. and That the
stockholders of the John Petit Realty COMPANY
had been consulted in reference to the sale, and
that satisfactory arrangements had been mace maze
with them Mr.. sire took title yesterday IN the
mi N
Collins Collins yesterday conGremd the he report
that they had bought No Cos Ffih-ave. Inc priUur
was about $4,000 Unless resold the house VIII
be altered for business purposes with store d
Flanagan Brothers sold for Mr.. Kramer No. 74'
Eighth.aye;s four-s'ory building lot NSNl''' ~
BSs and SS e. SGs sa and 81
story Il" property fronting 400 on the avenue and
20 feet on the street from Joseph ie,sennemer az
" Charles rits 81 Rosenthal sold to A. G. Kalb the
vacant plot l00xi0O the north side OF One-htn
dTedand eisheenhs 20 feet west of Ff in AVE.
story hghsOop private dT Edn' En- goo SSS5 No %
from. and rear tenement-house. lot 25xlOo
Goodman & Sliverson have sold to a Mr. levin Wsn
No 2e5 Madlson-st.. six-siory tenement-house'
as1 gay" We n Twenty-sevcntn-st. reported sold TWO
SSs ago Nos is and iG East Fifteenthst with
old buildings from David Green Stabler sniith
and Folsom Bros. negotiated the trade.
FIGURES OF THE WEEKS BUSINESS.
Some tcenty-seven transactions at private con-
tract were reported 10y brokers last week Con-
alterations were given in seven cases and amount
Cd 10 $4,000 The corresponding figures for the
same period last year were twenty-eight sales
showing sum Of $345.5co In nine cases.
The auction sales in Manhattan and Inc Br 6nnS
last week realized S2s6 40 compared with &9g5S
an the corresponding week of Last year. In Brook
iyn the auction sales realized sl04+t. as compared
With S5l CS5 IN the corresponding week or 1871
These tables compare the Conveyances. mort
cages ard buildings projected IN the three boroughs
Tor the same periods: