The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-30
REAL ESTATE NEWS.

REAL ESTATE VIEWS.
The condition OF the market during the past
week was practically the same as during the
week preceding II. The same movements in
vacant property nnd In residences which were
characteristic OF its predecessor were the
features OF the past week. The similarity also
extended TO the character OF the buyers and to
the bulk OF the dealing. There was the same
dearth OF sensational sales and the abundance
OF good. commonplace buying and selling
which bespeaks the excellent condition OF the
market.
The market was Of the best so far as the
transactions at private contract we're con-
cerned. but In the auction room the results
were not so satisfactory. II was generally be-
lieved In the case OF the two big sales OF vacant
lots that the owners were looking for prices
beyond the present value Of their properties.
and the result was the withdrawal OF most Of
the parcels offered.
The movement In vacant property. the per-
~sistency OF which has been before pointed out.
was again the important feature OF the market.
and o Der OF interesting sales OF this char
acter were reported. Among them were the
following: Twenty lots on Riverside Drive. be-
tween 1O5th and 1O8th streets. and adjoining
on those streets: the Boyne plots. also on
Riverside Drive. between 10th and lOSth
streets. which are to be improved by the
erection OF two fine residences; the
block front on Broadway. between Eighty
NTH and Eighty sixth streets. and Ave lots on
the same street. on the Elghty-seventh street
corner; four lots on Central Park West at 10Th
street. O lot on Fifth avenue. between Seventy
ninth and EiRhtieth streets. and a large plot at
Brook avenue and 17lst street. In addition TO
the above. ak lots. a part Of the old Columbia
College property. were sold.
There were. OF course. many sales besides
those reported above. but the ones listed will
tend to show tho sections which arc the more
favored In the movement and the extent of the
movement itself. 1t is clear that during the
past week the Riverside Drive and upper
Broadway sections were the most active. while
the Central Park West and Fifth avenue dis
tricts contributed their shares.
The dealing in private residences was con-
spicuous during the week and several fine
dwellings were among the private sales re-
ported. These included q. X and 10 East sixty
9th street. bought by william Bliss for a
price reported to be $3.50 900: the four Liv-
ingston houses on West End avenue. Powell
Mangel's residence. 8 East Fightieth street.
and 22S West Seventy-second street. bought
by Judge Keogh.
In downtown improved properties Nos. 1913
and 375 Broadway. business buildings. Nos. AZ
and a New street. and Nos. - and % Broad
street. office buildings. were among the parcels
sold.
In the auction room the week was unsatls-
factory. In the two important sales Of Bronx
lots a number OF the parcels were withdrawn
and 1t has since developed that in one instance
the owners OF the properties we're among the
bidders. although the sale had been announced
rs absolute.
Perhaps the most interesting item OF news
the week discovered was that Of the passing Of
the Franchise Tax bill. Brokers and real
estate owners generally have been united in
their efforts to alleviate the disproportionate
tax borne by real property. and it Is generally
believed that the present measure secures
that end by taxing franchises as Intangible
real estate" The Board of Brokers has been
an earnest champion of the bill. and its passage
Ia due in some degree to its persistent efforts
and to the outside sympathy enlisted through
those efforts.
The following are the comparative tables OF
Manhattan and the Bronx Of the conveyances.
mortgages and projected buildings for the cor
responding weeks Of 1890 and 1898 as COM
piled By the Record ana Gujie;