The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-12-04
REAL ESTATE NEWS.

In spite OF the interruption In business
caused by the Thanksgiving holiday the past
week In the real estate market has been fairly
active In comparison with past weeks. Tho
general Impression among conservative
brokers is that tho upward movement OF the
market which began about three weeks ago
was sustained. II not advanced bit. In general
this Impression is caused by the very dis
cernible broadening OF the business. Tho
dealing for some weeks WA confped to opera
tons along one or two distinctive lines. This
tendency IL still noticeable. but the transactions
OF this character are more numerous and In
addition there has been n substantial amount
Of trading along lines which were neglected
up to three weeks ago
Last week the dealing included transactions
involving number OF valuable unimproved
properties: many residences OF the best
kind: apartment houses OF considerable
value: fats AMI tenements bought for In
vestment purposes, and several business prop
critics OF more than passing importance. The
extended scope Of this enumeration proves
that the week was not unimrortant
The disappointing feature OF the week was
the restricted business 81 the auction branch
OF the market This condition OF things has
been the rule In tho auction room for some
time now and there are no indications OF q
marked change before the holidays. The Of
terinRs for the current week are mainly In
legal proceedings and possess no great inter-
est
The sales OF improved properties included
the harrington apartment house. Nos 40 and
~ East Twenty hfth street: the private dwail-
ings. Nos. 10 East Seventy mn street. III Fast
Fnty-sixth street. 6D7 Madison avenue. 10 West
SEVENTY sixth street, - West Seventy.second
street. ~, TO l5l West N,n"ty-e'ghth street.
49, sGxtn bNrsx
second street. aui II Past Nnrty-lth street:
tn. hu- ness properties. Nos ~ to ~ Bl-erknr
STR. No 80 Warren street and tho group Of
bu II rs at Fxchanss place AMI Broai rect.
secured ny the New Ai,lHnc" Really u 'mvhuy.
In addition there were sales Of fat and tcnc-
Ia gt properties too Numerous t. mention.
upimpTovrd g pToreriy. some %A n these wsrp
Nh: - 100. lIlI5 on the northeast corner
OF tn sAsHu" On "nf NMtyRS,g,h 'irosr ne n,
seventh Avenue anu iad street: lot Con-;
trial Park West aud Sixty S"N"nth street and
The .nes o. No. ~ Warren street aud No -
Forsyth street deserve NOTICE, Th"s: prop.
during the past three weeks. forming a decided
contrast to prop"rtes generally. loan OF
SS5 80 Gge s W%, secured on the
A,rov!ew o. the, week would he incomplete
S;c NJ M. sTT ,o hc
includes among its officsr- seyera Of the best
known and most successful real estate hrok srs
In the cltv. and AZ tn" same tine an equal
number prominent fnnnciers. With a pio-
, posed caInial OF SiOpl.ODO. 10 he rlaced by
these men IN New York real estate. the new
| company should give the direction 10 future
inve-tment movements.
| As preliminary stem 10 it's complete orgnni-
zation II 10 Understood that the new company
has pract cnily concluded the purchase OF a site
for y banking aud ONCE building. This IL a
plot fronting IO6S feet on Broad street md
a35 u feet on Exchange place. The purchase
of this property was made through the Cent raj
Rea.tv Bond and Trust Company. which IN al %
/ receiving the subscriptions for stock In tho
new company. A number Of tho officers OF tho
Trust Company are also officers Of the Realty
Company.
The following arc the tables. by districts ~
the conveyanccs. mortgages and projected
buildings In Manhattan and The Bronx for the
week ending Saturday. Dec. 2: