New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-02
REJOICE OVER FORD BILL
BROKERS THINK 1T WILL TIGHTEN THE
BURDEN OF REALTY OWNERS.
SALE OF MARTIN ESTATE PRoPERTY-ANorHER
GOOD MONDAY.

chises. II Is believed by them that nothing out
good can result from the measure far as those
concerned who hold or otherwise Interested
in realty in this city.
Ever since the increased assessments went into
effect there has been demand from brokers and
property-holders for some action that wouid re-
lieve them from the additional burdens imposed. II
Is hoped that the Increase In revenue To the city
from the provisions OF this law will eventually hep
TO bring the incomes from real property to some
thing nearer normal figure than they are at
present.
Real estate men, however, are still Of the opin-
ion that something more is necessary and at the
office OF the Board OF Brokers yesterday It was
sold that the movement for a complete revision OF
the assessments would be continued until the de-
sired relief was secured.
In speaking Of tAe Ford bill yesterday John F.
Doyle president Of the Board Of Brokers, said
that he believed 1t would undoubtedly have a sau-
tary effect upon real estate. and that the promise
Of decreased taxation would attract buyers to the
market, II not at once. at such time as II became
apparent that the bill would reduce taxation.
Alfred z. Marng. ex-president OF the Real
Estate Exchange said: Il have felt for long
time that corporations enjoying unusual priv
ieges without paying for them also, that property
owners were paying more than their share OF the
taxes Therefore. s a real estate man, although
l am not thoroughly familiar with the provisions
OF the measure. hail the Ford bill with hope and
delight"
Richard V. Harnett. president OF the Real Estate
Exchange said: The effect OF the Ford bill Will
be beneficial TO real estate II the measure will
produce. is estimated s15.OO0.OoO of taxes, 1t
should result in making real estate much more at
tractive as purchase. Owners of properly nave
invariably been foremost in advocating public I'm,
proyements no matter what burden was
ties, and II the Ford bill will help them they are
fairly entitled 10 it,
PRIVATE SALES
l. j. Phillips & Co. have sold for Frederick King
the block front on the east side of Broadway. be-
tween Eghty-hfth and Eighty-sixth SITS
F. de r Wissmann has sold to Warren & skillin
for Gutwillg Brothers the eight-story brick and
stone building. 50x1OO. Nos. and West Eigh-
feminist. at a reported price Of s2s5,ooo
The Madison Avenue Presbyterian Church has
sold its parish house. adjoining the church. in
Madison-ave. Fifty-fourth-st. for about 800
OCo The proceeds will be used for interior deco
rations to the church and for putting up build
ing In the rear, to be used as parish house Inc
surplus will be used for lifting the debt of the
Mcviekar & Co. have sold for Henry Krahe to
tenement-houses, on plot 42xlo5 H. Nos. 90 and ss
First-st castor leasehod). on private terms
stacom, Nos! 81 AID 81 Pittst.' 81 sxic6 also for
s, Robinson the northwest corner OF Mansin and
Cusack & Rinaldo have sold to H. Benson the
eighth-st; $50 feet west Of Columbus.ave, f for
5000; also TO G. Cameron. the lot on the south
side Of dred-and-eighth-st.. about rs feet
Lioel Froehr son has sold J., for Samuel
brick and stone cw eilins-house. 2Oi0x5oxlOo No.
13l East Eighteth-sJ. on private terms O.
1M Ta to ca has the %o brick
dwelling houses on plot S4x1oo Nos l8 and lS5 East
plot with sx-story hathouse: ,,.
The same brokers have sold for Cusack & Rinaldo
10 A Ottenburg the five-story double tenement
h0uss on lot S NO M1nsn; ss q a2aa hoys
% for n
John J. o'Brien sold to Mrs. B. Breen the three
story detached frame dwelling house No. 7S East
One-hundred- and eighty seventh-st for about
Timothy Donovan has sold to Henry Muhken
the northwest corner Of one-hundred -and thirty
seyenth-st. and Lenox-aye. lot 25x15
George P. schildwachter the plot lO0xlOo at the
northeast corner OF tat 70. o and
II G Senior has sold for Catherine NJ Scott No.
29 West Eighty-fourth-st.. a five-story hathouse.
Mills & Heller have sold for the estate Of owen
McGinnis No. 623 to 62s East one -hundred-and-
forty -sccond-st a plot 75xi0C. to F sackett. who
will improve.
John F. James & Son. OF Brooklyn have sold for
Teresa Wales de Rodriguez 10 Herbert P. Kelly.
two three-story frame dwelling houses. 2ox45xlo0
also FOR Frankn F. Moore 10 o John R1Ja' SHOWERS
the three story brownstone dwelling house No. 13
West Forty-ffth-st, Manhattan for 5000: also
for Emile ". Dana, to Mary A. Brennan the three
story and basement brownstone dwelling-house
Joseph F Fradey to ElizaBeth P Walsh the four
story stone to dwelling house. No . Eighth ave Hx
F. Rockford. No. SO Livingston-st., the four-story
and basement brownstone house. 45xl& on private
No. 15S LivinEston-st.. a three-story brownstone
dwelling or RIivo,ee r6osr 10. col, h
three story brick dwelling house the west side
Of Monroe Place. 1S feet south of Clark-st. for
S %. EsyTos of Rr Po1 has sole to
Joseph Dlttr5er 10. 2ss Pax Place: also to J. J,
Russer No 2;S Park Place. ard to Emma Joslin
William " samrais Of Brooklyn has sold to
the Columbia Mills the two six-story stone build
ings ard brick apartment house. 5Oix15O. Nos 147
HegemeR & Maleloe- q Bath Reach. have sold
derson Of Manhattan. the dwelling house known as
Sea Crest in CropseH ave. near Twenty-thrd-
a Queen Anne cottage si.ua ed In Bay Eighteenth
ST.. near Eighty sixth-st. for 500 r..o.o
saies s were disposed OF as follows VS.
BY william Kennely-Noa 2q and 2sS Water
closure. to IL Mandeibaur ct al the plaintiffs. for
Nos 51s to 55,g hundred and -eighteenth-st;
four lots each lssy1ool. four three-story brick
dwelling houses. foreclosure. to f Mierng. the
BY Peter F. Meyer e. Co.-Ho. 50 Edgecombe-
ave. 1sxS5 three-story brick dwelling house. fore
BY George r Read Nos. $50 and Sss Frst-eve.'
closure. to Edwin F. stern the plaintiff for so $50
BY william NJ RyaptNos dos an and b-ir d hast
foreclosure TO Charles L. Cohn. for $4,000
Barney & Chapman architects. filed plans yester-
iay for er-s'orv brick hotel u be erected at No
81 to $40 seventhave near Thirty !, On
a plot 10ox1O0 The owner Is Eliza White. OF Litch-
field Conn. and the building will cost about
1900 90
An important sale of real estate will result from
he placing in the market OF the property OF the
estate of John r Martin. The sale will include
many desirable tracts in various localities. ana
will undoubtedly attract a good deal OF attention.
total OF 32 lots Is 10 be auctioned or ~ tIe
Iere Johnson Jr.. Company. Tuesday. May y
at the Brooklyn Real Estate Exchange No. iss
Montaguc-st Brooklyn These lots In the
Borough OF Brooklyn. and divided into -FOUR
parcels-l55 in the Eastern Parkway, between
kingston and Albany ayes: IS in Pacific-st., be-
tween Buffalo and Ralph ayes; an entire DOCK
70 lots in Utica and ST; Marks AYES
and 20 lots opposite Holy Cross Cemetery. FIAT
bush. stable in Columbia Heights Is also to be
included
II is unusual for one sale TO include such va
Red list Of excellent offerings. Seventy-five per-
,ent Of the purchase price II Is announced may
-emain on bond and mortgage. The estate Will pay