Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-06-18
REAL ESTATE GOSSIP
An Opinion of an Investor as to the
Realty Market.
PROSPECTS OF TEE NEAR FUTURE
Streets Shaded With Trees an At.
Streets Shaded With Trees an At
tractive Summer Feature.
SOME I'M P ROW E M E N Il S

SOME IMPRO MEN Il S
| man who is largely interested in prop
erty in this city, both as an investor of his
| Cwn money. as well as that of other psople,
| either directly or in an advisory capacity,
| in conversation recently expressed the opin-
| ion that the present offered exceptional ad-
| vantagss for investment in real estate here.
He based this opinion on the low prices
| which now prevail in the real estate market
and the favorable prospect of an improve
| ment in business in the near future. He
| thought in a short tina that If the war
! with Spain was not actually ended, the ul-
innate result would be so evident that the
| continuation Of hostilities would not be a
| source of business disturbance.
| From this point of view he thought there
! would be Il revival shortly of interest in
| investments of all kinds, especially in real
| estate, and that the sums of money now in
| the banks awaiting some sort of use would
| be drawn out and there would be demand
| for property yielding income. Under
| such influences he was OF the opinion there
would be market for a great deal of prop
| erty that was now more or less inactive,
| and the owners would find a handsome
| profit over the present prices.
A Good Advance.
| He said he had bought a number of pieces
| of property recently investment, and
| he was satisfied that when there was again
| brisk demand for real estate he would be
| able to get good advance. He added that
| it was we'll known that in such matters, as
well as in good many others, people were
| Initiative and when they found thare was
| a demand for property when they would
| want to buy, although perhaps short time
before they had refused to have anything
| TO do with investments Of this character
| He expressed the opinion that those who
| awaited themselves of the present low prices
| would find their reward in enhanced values
| when the revival was an actual fact.
Shaded Streets of the City.
| The hot sun of the past few days has
| demonstrated. if anything of the sort was
needed at this late day and in this city,
| the practical value of bordering tpe streets
of a city with trees. Perhaps the average
citizen does not fully realize now well the
streets of the city are protected from the
direct heat of the sun by the spreading
boughs of the trees. But when the rays
of the sun become a burden from which
relief is not only highly desirable, but
eagerly sought then the shaded sidewalks
which may be found practically along all
| the streets of the city, is a matter of great
Importance.
So luxuriant has become the growth of
the trees of the city, and so successful has
been the system by which the proper kinds
have been nurtured into hearty maturity
that 1t is now possible at any time in the
day to walk for miles along most any Of
the city streets and be under the grateful
shade of trees practically the entire time
This city enjoys the unique distinction of
having not merely one street shaded by
streets.
Miles of Trees.
Along Massachusetts avenue, which ex-
tends from one end of the city to the other,
a total distance of more than four miles.
Ia double line Of trees are found on each
side substantially the entire distance This
| Instance is singled out for the reason that
not all the streets are Of equal width as
Massachusetts avenue. and SO they are not
supplied with double row of trees but
there are other avenues which are similar
ly Favored, so that there is no exaggeration
IN saying that Washington is city that is
built In a forest, or perhaps it would he
| more apt to use the word park instead of
forest.
In addition to the daily comfort which
such surroundings afford during the heat
ed term, 1t Is believed that this luXuriaat
CROWN has tendency to increase the
ram 1ali, and, as every one is aware there
! Is nothing which adds more to the pleas
ure of life in city in summer than the
cooling effect of frequent showers.
Mrs. POstlethwaite's Residence,
An attractive house is to be built for
Mrs. 8. T. Postlethwaite on the west side
| OF New Hampshire avenue between the res
licences OF Mr.. Letter and Mr.. Whittemore
According to the plans prepared by L. Nor
ris, architect, the new structure is to have
| a frontage of 30 feet o inches and a depth
OF 6s feet and inches. There Is to be a
the lawn about the residence of Mr. Letter
but the window openings are to be of such
| character that If there is any obstruction
| IN the future the arrangement for light and
thn
substantially affected.
Ihere Will be no projections in the front
save curving balcony at the second story,
into which will open a trfnIe windoy'
| There will be a straight corntce above a
| frieze OF terra Gotta. The material used
IN the front Will be light-colored stone and
gray brick, and the design will show the
characteristics of the style of architecture
known as the italian Renaissance
The main entrance will be on a level with
the street and will lead into a hall from
Wnich reception room will open. In the
rear Will be the rooms for the servants and
nousehold purposes. There will be a lift
from this floor to the third story. The
drawing room will occupy the entire front
with the dining room in the rear The lat,
ter will be 241s by 10 feet and the walls
will be finished with a high wainscottng
into panels formed of wood
A similar style of wainscotine will he
used In the finish of the hail. The parlor
Will be finished In white. There will he
four chambers in the third story and three
bath rooms, while in the fourth story there
Will be two chambers and four seryants
rooms and two bath rooms.
Some New Houses.
Plans for residence to be built at 1914
street northwest have been prepared by
H. A. Campbell, architect. It will be three
stories in height 22x55 feet, and the front
will be built Of red brick and brown stone
There will be a full bay window. The
house will be heated by hot water
Repairs and alterations to the store and
dwelling at ITO 18th street, will be made
by William Schultz. There will be a new
front and three-story addition win be
built in the rear.
A stone and frame dwelling is to be
erected at 3149 Newark street, Cleveland
Park. for Margaret F. Sharp. It win be
two stories and attic in height, 44x33 feet
with single and stucco front.
David 8. Hendricks' House,
Plans are being prepared by T. r.
Schneider. architect. 715 18th street north
| west, for handsome new residence to be
| erected on the cast side Of New Hampshire
avenue between Corcoran and r street for