The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-03-26
REAL r VIEWS.

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The indications OF approaching activity in
the realty market which were present at the
beginning ~ the year have been gradually re-
solving themselves INTO actual conditions. and
tho week Just ended has been one Of remark
able interest. Numerous sales of middl" class
property in every section Of the city, a constant
demand for vacant lots for Improvement trans
actions involving the very best OF residence
property and several sales almost sensational
IN their magnitude and importance combined
to make tie week most successful.
The list Of important sales ia long. and COW
ers almost every variety Of realty, The week be-
gan with the reported sale Of the old Faye man
sIon on Washington Heights. owned Nv Rich
ard Croker, and a number ~ vacant lots on
Riverside Drive. the boulevard. and upper
Madison avenue. Then on Wednesday tho
sale Of the Reckendorfer plot on fiIth avenuo.
below Seventy-third street. was reported. as
we'll az that OF a LARGE apartment house on
st, Nicholas avenue. ard tho French Church
property on Tweuty-second street. near
Fifth avenue. The sale Of the Il eckendorter
plot was supplemented by the sale ofthe Evans
lot. adjoining II ON the north. and the an
nouncemcnt that tho buyer 81 both lots was
Howard Gould. Two sales Of particularly i'm
portant residential properties were reported.
No. / East Eightirth street and No. lOl East
Thirty seventh street. which was sold by Will
liam Saiomon Of Srrycr Il Co.
Two more sales. OF vacant lots. completes the
list OF transactions in and near iifth avenue
reported during the week. Dr. J. '. :. Wool
lsy sold A lot on the east side OF the avenue.
twenty-five feet south Of Eichty-'ourth street.
and Mrs. Oliver II. L Belmont sold the plot 40
by 100, on the southeast corner Of Erin avenue
and Seventy-srvsnth street. and the lot adjoin-
ing on the street. It is some tim" since Fifth
avenue has been SO well represented IN the
realty transactions nj one week.
The most important transaction OF the week
was that In which the Security Trust and Lie
Insurance Company Of Philadelphia secured
control Of the st. James building. at broadway
and Twenty-SiXth street, for a consideration OF
So, 725, 900, subject to Il mortgage Tor ~ .S-1.-
600. The trust company. OF which Robert T..
Pattison. ex-Governorof PENNSYLVANIA. is Pres
ident, will transfer its main Office TO this city
and will occupy tho entire second floor OF the
st. James building.
The offerings at auction during the past
week have been uninteresting for the most
mart. The possible exceptions were the sale
OF "Old Tom's" chop house and some east
side holdings by Auctionenr Harnett. The
present week, however. bids fair to witness
some activity in the auction room through the
offerings " a large Mot OF lots in the Bronx
and several Columbus and Amsterdam avenue
The Real Estate Board Of Brokers has taken
very practical steps at last TO srrur" a revision
OF the present tax laws. and assurances have
been received by II from several OF tho Organl-
cations invited to Join III the movement that
they will do so. -,
The following are the comparative tables Of
the conveyanceS. mortgages. and projected
buildings for the CORRESPOND ng weeks OF $50
and 1888 as compiled 10y the RtcOTddnd Gutde:
MANHATTAN AND BRONX.