New-York tribune., 1899-02-11
BROKERAGE IF DEEDS PASS
IMPORTANT REAL ESTATE DECISION BY
APPELLATE DIVISION.
WILL. AFFECT cURBsToNB BROKERS CHIEFLY
REALTY TRADES AND SALES

WILL. AFFECT cURBsroNB BROKERS CHIEFLY
REALTY TRADES AND SALES
A decision was handed down I'm the Appellate d.
vision of the Supreme Court last Iuesoay' III '"e
case Of Diamond VS. Hartley. In which the Nou''
held that. because the property had Deeh sou oS
street and number and not by exact dimensions
49, h-oLoroeo should no, be paid Charles Putzel.
q Iawver In the Postal Telegraph Building. Is re-
norted as saving In an interview mat adnl'Ioha'
hardship would ensue to brokers as result OF 'he
decision I'm this case. When asked ~hat erect Tue
decision will have Mr.. Put=el said;
..Tba broker must insure the actual signing OF a
contract between the purchaser and the seller anu
the deliverance Of the same before the broker can
Iav claim 10 a brokerage. Heretofore broker
completed his employment when he secured an
agreement between the buyer and seller regardihs
the price and terms. and was entitled 10 MS com
mission without delay. Now. the broker accorul''e
TO the decision. must wait until the purchaser mas
satisfied himself as 10 the accuracy anu 0o''O'
ness Of the sellers statement
nurnber of prominent real estate brokers VINO
uere seen Yesterday said that they did not thinK
the decision would affect anybody except the So
called "offce-in- hat" brokers. They said tnat 10
RESPONSIBLE broker demanded commission until
the deeds had passed and it was customary IN
well-regula ted offices TO investigate the dihens'o
Of property thoroughly
The Ernst MARY Nathan Company has SOLO
Manhattan block front. One e-hundred-and-seven-
teenth-st to One eighteenth-st. 2olloH
12Ox70 Three seven-story apartment-houses VII! De
built the site.
We'll & Mayer have ,old the old building on the
nortneast corner of Lewis and Third SITS. on Io'
Louis Lese mas bought from Henry Raynor. No.
24 Henry-st old building lot ZSX's also .d lr3n' OF
Ketcham estate and resold to builder piot 9pxVV'
west side of Park-ave. 10 feet soutn OF Ninety
SIX HoIdridee & Ward in conjunction with Post &
Reese have sold No l164 Broadway. iorr-sIo..!
eehth-st' %4 front. With an average depth Of 10
feet The building is situated on a short oioSK on \
stavers estate property No PA Fifth-ave. was
sold last week at auction TO Andrew } Honnick & lSl
and Marv D Van Wrinkle. who purchased the prop
eriy in 1888 from MAYER Kahn m tne ShS mort
gage OF 100000 the property , - p,o-oa
Henry NJ Denton has sold TO stephen D Pierce Pierce
6f t9e West Ses4%Rd.aT ERnd-a1e Oua and
slawson & Hobbs have sold for Egan Halees sn', ~
Nos 2l5 and 2i7 West Thrty-fourth-st 5oxS0xsSs'
H sokols & Son have sold the two sixy,st9ry siyoSr
buildings 426x7sxss on the west side OF AHen-S'''
IS feet north Of Riyingt0n-st. t,u. hoe n,rcbased
lot 25x95 at the southwest corner or Avenue a
and Eeventh-st. for improvement 1..sor asta,s
No ss West Forty-seventhst four-story or%Wa Sn
stone dwelling house 2ofoot front tor rtbhnld aPIuJ
Egan & HaiIecy sold to buyer whose name =, Is
Withheld Nos 2i5 and 2l7 West Thirtyfourtn@ @ 81,
50xSSxeS9 a recently completed seven-story dpdr L
ment-hoiIse Slawson G. Hobbs were the brokers'. -
e r Gregor & Son have sold the 1ouI -sto5? o.,
American bas sement house and lot. 5oxe2' 20. ool
West Seventy -seventh-st., Tor EdWlh H. p''"'"
Further particulars are Withheld n,a.k that
II has been reported off and on for week @ .na1
the Ernst Marx Nathan Company has mage PHI pTr-
chase Of property amounting 10 about hali MI,
ion Mr. Marx admits that he Is in a Dig .d uedi,
hrt Is not vet ready to report the detdlis'
renort makes the deal exchange lhVotII.S :
about a million dollars worth Of properly on oo'h
sides . poAoo.o Calm the
Mot 51xs0 on the west side Of Park-ave, ol rect
south of Seventy-seventh-st. .
We'll & Naver have sold No IS Montgomery-st''
e,e-storv double tenement house. lot 2oXsZ 49,
Abelman & ROsenbaum have soid 70 Aui MI ILL., u
Greenberg No I4lS second-ave.. four-story o'lcN
tenement house, lot 2oXe, -., >xsorsor tuyo
Thomas March has sold TO Samuel AnSe5sen Ts
nlots in Morningside Park Stapleton, S'aten 1917
and The buyer will build a private reslueiice. .o
At the New York Req Estate oaleSLooIm .
phiip \ Smvih sold in foreclosure, me I'VE @
brick fathouse on lot 25xlO01, No "a East one me
hundred a nd -fourteenth-st.. TO {. H. feeu lo'
s2l $50. =, s.o,osura tho tbree-
story stone front dwellinghouse. on lot ltoXs't+
No as West one hundred and twenty
TO the Metropolitan Life Insurance Company p'ain-
Ail other announced sales were adjourned