New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-11-18
REAL ESTATE.
SALES OF PRIVATE HOUSES LED THE
MARIETTA GOOD SIZED TRANsAC-
TION IN VACANT PROPERTY.


Sales Of private houses were the chief items in
yesterdays real estate transactions. sale Of va
cant property for more than 100000 was reported
and several hathouses changed hands.
The Lorraine apartment house. Fifth-ave, SOUTH
east corner of Forty -ffth-st. was mortgaged yes
terday for 81 10000 for three years. with interest
at per cent. by the United States Mortgage and
Trust Company acting as trustee under the will
OF Matthew Byrnes. The Title Guarantee and
Trust Company, in whose favor the mortgage was
made. assigned 1t to the Mutual Life Insurance
Company for consideration Of $4,000
In speaking OF the general situation yesterday
we'll known builder and real estate agent
said: There will probably not be a time again when
the opportunity for investment in real estate will
be so promising Men going 10 Wall Street with
Their money now because they seea chance to make
a high rate OF interest and In tho mean time SPLEEN
did opportunities for good investments being
overlooked. Prices Will certainly advance and the
chances OF to-day ought 10 be taken advantage OF
The increased cost OF building material has already
had Its effect, but In year or two from now the
effect will be even more apparent In the increased
cost OF structures which men might buy to-day adj
vantageously. Decidedly this is a good time TO in
vest"
The Nominating Committee OF the Board OF
Brokers has nominated the following members for
governors for the year 1900 Walter Stabler, Albert
L. David. John F. Doyle, Frederick d. HALEY. J.
Hamilton Hunt, J. Edgar Leaycraf Frederick
Southack, Joel s. De Selding and John c. r. Ecker
The first six members OF this years Board
of Governors, while Messrs. Southack, De Selding
and Eckerson Will replace Messrs. Folsom. Jayne
and Rutland who have all served several terms and
requested to be relieved OF active duties this
Slawson Hobbs have sold TO Henry Open
heimer for the estate OF Charles Gahren vacant
plot looxl22 on the north side OF Eighty fourth
st, 100 feet west OF West End-ave; terms private.
Frank r. sharrott has sold for 3. Denzer the
three-story 1welling house No lib West One-hun-
Mnudebaum Levine have purchased from the
Marsh estate Of Boston, Mass. the four story
West Thirty -eghth-st.
J. c. Umberfeld has sold another OF his row Of
Central Park West This is the third sold this
fall. The houses sold are Nos 7. 10 and 2, and the
John Yule has sold Nos. 4Os 40 and 4l2 West one
hundred-and ,hfeenth-st. three FIVE story fiat
l, 4 Phillips : Co; have sold 70 AZ Hsypman
pS and OF
sixth sts with frontagss OF % feet IN tne
Seo Of 'na III Il " leased the PaSst
Brewing Company for twenty-one years and Is
being improved The price paid was between
PHILLIPS Co have also sold for James Lily
isxsaslSo 4 for about s2aoOS also for John WIN;
bert No IS
seventh-st. four story single hathouse, with
store on lot Xl0XlO0.
Edward +. Hamilton & Co. have sold Nos. 40 and
IA West one Observation-Disclosures. two I'VE story
fathouses plot Gxl00
NJ L. Is. Cooper has bought No East Eighty
hrst-st:. four story browrstone dwelling house.
lot 19.l0x1GOs.
Helen Il. Aiken is reported to have sold the
building No. PSI Hudson-st. The buyer is probably
a SPECTATOR who is said 10 have resold. The build
ing is 25x75 The last previous transfer was in 1875.
al a nominal price. The adjoining and similar
property. No 219 sold in 1893 for $4,000.
A parcel In Forty -fOurth-st., between Sixth and
Seventh aves. is reported to be sold
OF the three sales In foreclosure booked az me
New-York Real Estate Salesroom yesterday the
offering Nos 81 and SO Annst., by Herbert A. Sher-
man. was adjourned two weeks, while the other
two parcels were knocked down TO the plaintiffs as
follows:
John r. Boyd sold No East One hundredand-
thrty-fourth-st.. 25XS9.1l, five story brick nat
Rouse for tlG,l62. 49, -, - 49,,
Bryan l.. Kennedy sold No. 10i East One-hun-
dred- -wentiethst, 1sx72 four story brick nat