New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-12-31
THE WEEK IN REALTY
BUSINESS FAIRLY GOOD-THE OUTLOOK
RABLE-COMPARATIVE BUILD
nr-rnDD or cAJE,c
ING TABLE-RECORD OF SALES.

ING TABLE-RECORD OF SALES.
It was hardly expected that the last week OF the
year would show any large volume Of business1!n
estate but there have been several transactions
reported which have relieved the last week from
the commonplace. and on the whole the record has
been eminenty satisfactory. The purchase Of the
Ave houses cnp'nrs'na anti "elc -aI'<1r-,OfV mas +
been eminently satisfactory. The purchase OF the X
five houses comprising naf block front in Madi- II
son-ave. for an early improvement was the leading Is
item, and second in Importance the large deal h
in Bronx lots reported Thursday In to-day's ID
news will be found the details of transaction in e
Broadway and SeventysiXth-st.. the property sold J.
being intended for new church building. The IA
sale of No 5l6 to 52S West Thirty-eighh-st a fec
tory property, and the leasing of the for a
term of years to a manufacturing concern an ID
other conspicuous item Of the week Al
On the whole the year closes in promising and e
satisfactory manner Several transactions OF an r
Interesting character are nearly closed. and the lie
indications that before the new year is far ~
advanced some interesting deals will be made D.,
public The purchase Of a building site at r
Fifth-ave and Fifty -hrs-st. by the Union Club :
which is practically assured foreshadows another q
imposing clubhouse IN that highly desirable sec. n
ton of the city; and there are reasons to believe
purchased the Roman Catholic Orphan Asylum .e
property Will have sold large part Of the same to s
be Improved with high class dwelling houses. The :"
week also saw the formal signing Of the contracts
for the sale of the Roman Catholic orphan Asylum -
WINE lne ntaNy ming OF plans at the Depart
ment OF Buildings jus. before the new code went a
into effect cannot be taken at face value there IS
abundant evidence that the coming year will see a
large amount Of building Of all kinds and in both
residential and business properties many improve =
ments may be looked for. n
The lack OF investment buying which has char a
acterzed the market for some time. will not I'm :.
the opinion OF conservative brokers' be so marked
In future. There is already sign that the worst ~
OF this Is over and II is believed that the early n
months Of the new year Will "A return of that -
class of business II money conditions become :.
easier there is little reason 10 doubt that such will y
surely be the In the last week y
seven parcels Of city realty sold. considera-
tons being mentioned in six cases, amounting to u
$3.50 800 In the corresponding week last year ifty-
four parcels were sold. eight for total cOnsidera-
lions or $5il,60
YEARS BUILDING PLANS in
The official figures OF the Department OF ISuid- re
lngs for building operations and alterations in e.
the boroughs OF Manhattan and The Bronx for the ~
period from January 10 December 80 inclusive ,s
show estimated expenditure OF Sl35 .9S2 $50 M
against Ss.4ss2 for similar period in 1895 The A.
figures are not altogether conclusive. however. as
a large number Of plans hled in anticipation
Of the new building law. The following COMPARE