New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-03
REAL ESTATE.
REMARKABLE TRADING FOR THE DULL
SEASON.
A STEADILY IMPROVING MARKET IN THE LAST
THREE wEEKs-FUTURE PROSPECTS
BRIGHT-THE AUCTION ROOMS

THREE wEEKS-FUTURE PROSPECTS
BRIGHT-THE AUcTIoN-RooMs.
The end Of the last week has found the realty
market still ascending plane. For the last
three weeks will be by reference to the
figures OF the weeks business an increasing amount
Of business has been done in private sales. re-
markable occurrence when the thermometer Is up
In the ninet!es.
While this unusual spirit Of business Is due In
great measure merely to the shifting OF parcels
acquired In trade Il s still fact that the week
record is q fair demonstration OF what might rea~
sonabiy have been expected OF the entire spring
market had there been no war scare. For the last
week In June Il Is as good q record as 70 usual IN
normal stages OF the market
In the auction market last week the only sao OF
Importance was that OF the Olympia property. and
its Importance was more due TO the size ano
notoriety OF the parcel sold than 10 any influence II
possessed the realty market. There was large
crowd present, drawn however. only to witness the
close Of remarkable operation but The oidolhe
was unsensatonal The first bid was 5000" over
and above mortgages for $1,000 and interest by
the New-Lork Life Insurance Company. the holder
OF the mortgage 20 satisfy which the properly was
sold Sire Brothers bid $4,000, and the moTtsasee
jumped this bid 10 $4,000 at which Inquire the
parcel was knocked down. 1t represented to the
t,tulnr owner an investment OF about 100000
There were no withdrawals this week. and only one
adjournment to a date beyond the coming week
LATEST SALES BY BROKERS.
Edward wncken purchased from Elias Kempner
Nos 2O3 and 2o5 West Eighty-th!rd-st. two hve-
story fathouses 5Ox1o22. for $4,000
William j. Roome leased from the Warren Acker-
man estate for a long term OF years the property
No 5i5 west Forty-sixth-st. with fogr,story
10 Laura Riedei through Charles MOrten4;,
Morris stenhsrd has sSd to Gdae' and PSs
teth-st. lc2 2x55 and 10 Herbert Spencer the plot
44xlc22 the north side OF Eehtietn,st.' % feet
The estate OF Benjamin Lchtenste!n has sold to
Lowenfeld : Prayer the southwest corner OF Aye I'VE.
t Has s an" The ee Price IS Withheld 90.
Bowery an old three-story building. on an irregular
No rs Me suc6sy mas 500 %
story fathouse. or plot s4sxleo; The seller takes
acre sn eH Of Ground a. Tarrytown ~ y
sp5agus esa has sold to lanes Reilly is! Ne
story brownstone dwelling, house, lot lsxs9n ..
E. c. Kerr has sold 70 Elizabeth sussmaan NO, IL
West One hundred and -nne;eenth-st.. hve-story
hathouse lot 20xl0). $3.50
to T T So hfs sSa tor and
William Hargrave has purchased for about $780, 900
Creston-ave.. 80 fee; north OF one-hundTed and
Of ss5 600 The property VIII be improved with nine
detached frame dwelling houses.
THE WEEKS BUSINESS IN FIGURES
Sales Of ftty-one parcels OF city realty at private
contract reported in the last week. as against
fortyfour in the previous week and thTty-eght and
twenty-nine respectively, in the weeks Immediately
preceding OF last weeks parcels fourteen were
sold for considerations amounting TO N726,OOO two
alone taking $4,000 Of this amount. The remain
ing twelve took up only s27sOo. The considerations
reported in the previous week realized total Of
1910 $50 for seventeen parcels and in the preaching
week 81 o3s 100 for twenytDnes parcels ~ rn. IRONY
las; week realized S377,l4 as compared with s522
$50 In the corresponding week OF last year. In
Brooklyn the auction sales realized sSS475. as COM
pared with 1913 665 last year:
These tables compare the conveyances, mort
cages and buildings projected In the three boroughs
during the week: