New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-01-08
THE WEEK IN REALTY.
A LULL FOLLOWS THE BUSY TRADING
OF THE HOLIDAY SEASON.
BUSINESS DONE. HOWEVER FULLY UP TO THE
AvERAGE-THE PARTITION OF THE
r-NO ppOpERTIFS

AvERAGE-THE PARTITION OF THE
EMO PROPERTIES
The real estate market in the last week. for the
first time since the end Of November. was only an
average market The trading well up to the
standard for this season Of the year but there was
distinct lull after the busy trading OF the preced-
ing two weeks much TO the surprise Of many
operators
While the demand for dwellings and speculative
holdings uptown has continued undated. 1t is a
gratifying feature Of the market that investment
purchases Of mercantile properties are growing
more numerous every day. or this character was
the purchase OF No. Liberty-st. 10y David W.
Bishop who will erect a modern Office building
there and the sales of the sx-story elevator apart
ment- house No A East Seventy -ninth-st ana the
fve-story apartment-house at Coumbus-ave ana
Observation-Disclosures which sold for $4,000 and $4,000,
respectively.
One OF the interesting features Of the week was
the report that the Emo properties. including the
Fifth Avenue Hotel and the Madison square lhe-
atre are TO be sold at auction few weeks hence
While it was proved by the statements or the rep
resentatives OF the estate that this Is not true AZ
resent inasmuch as it has not yet been decided
r. do ANYTHING Of the kind II is interesting pos
sibility. and should the executors oecide 10 pun
such valuable realty under the hammer, 1t would
lead TO some interesting developments
Forty-eght parcels Of realty were sold at private
contract IN the course Of the week ten for consin-
erations amounting together to $3.50 800 The corre-
sponding figures for the preceding week were nrts
four parcels sold, eight for consideration OF
s567 800
In the auction rooms in the last week business
has heen dull Only seventeen parcels were listed,
and of these twelve sold, all but two gong
to the plaintiffs The auction sales ior o me week
realized s27l 200 as compared with 1893. &s in the
corresponding week Of last year In Manhsan ana
compared with s64 625 in the same week last year.
The most interesting auction sale for next week
Is that on Tuesday of the William II. King prop
ave and Eighty -eighth-st.. the southwest corner
of Park-ave and Ninety-ninth-st, the southeast
and One-hundred d-twelfth-st.; plot In Eighth
ave- west side. between & IN
east corner Of Manhattan-ave. and One-hundreo-
and-eleventh-st. x.,...
being done in renting. Rutland Whiting have IN
the last few weeks leased three-quarters or the
Cliff SITS De Blois & Eldridge have rented No Il
East Thirtieth-st. to Edward La Montagne; IT;
Eo: OF F4ftiethst to Thomas H. Howard Henry
F. Loney has leased for the Beekman estate No
The Astor estate has flied plans. prepared by
Clinton & Russell, for two hve-story brick and
Nos 723 and 725 Fifth-ave between Fifty-siXth and
Fftyseventh SITS on ,,o plot tSSlS'S irregular a'
j.. y. Kaliey & Son have sold for " g. Patt en-
70 Miss Smith the three-story S Swesins NO 0S4
James Higgins has sold to Joseph J. schreiner
the vacant plot the south side OF Eighty -Inth
plot on the north side 200 feet east Of Second ave-
i5OxloOs and the vacant plot on the north SIDE OF
r. A. Dorman has sold No. 81 West Fffty-second-
St four-story dwelling.
sdxi6SS fOur-''0ry 0r0~n''0n' u"p"s' ~
hundred nd fourteenth-st two fivestory flat
houses. each 25xS5xloo