The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-09-10
REAL ESTATE NEWS.

Handicapped by the holidays, last weeks
realty market failed tn equal the good showing
Of It's predecessor. The sales at private con-
tract were generally unimportant and few In
number and business in the auction room was
practically at a standstill This general dull
ness IL Characteristic OF the September market
as we'll as the trading during the summer
months and has been discounted by seasoned
brokers.
There were few features OF the transactions
at private contract worth extended comment.
Tho only sale OF any Importance was that OF
the Furniss properties on West End avenue.
and even In this case the whole truth Is not yet
known. SO no estimate can be made OF the true
bearing OF the sale on the market. Tho sale Of
the block front OF lots eight In number. on
West End avenue. between Tooth and 101st
streets. was reported some time ago and was
denied i'm ediately. This transaction Ia now
admitted to have been made. and 1t is generally
believed that II was held back at the time
In order to facilitate tho further sale OF
lots adjoining on both Tooth and 101st
streets. This 10 now reported closed. 80
inferentially twenty-six lots. eight on West
End avenue. nine each on Tooth and 101st
streets. are to be reported as sold. The buyers
are Kempner Brothers. and the improvements
will take tho form OF apartment houses.
Sophia r. G. Furniss. the owner OF the prop
srty is said to have held 1t at 100000. but It is
doubtful II the actual purchase price was with
IN many thousands Of that sum. As for the
other sales by brokers. they were usually Of
small dwellings and other properties consistent
with the demands OF the season. Few sales Of
magnitude are rumorod for the immediate
future. but there is one large deal in lower
East Side dwellings which is nearing compile
ton and should be reported shortly.
The auction room. as said. was partially
imperative In the small number OF sales con-
summated there was only one point OF interest
This was the presence OF outsiders in the bid
ding, The most i'm portant sale made was OF
the three eight-story apartment houses on
upper West End avenue. They were secured.
supposedly. by an outsider. The current week
promises very little activity in the salesroom
Monday 10 without a scheduled sale and the
offerings for the other days OF tho week are
few in number There Is little hope that con-
ditions will be better until Oct at the earliest
A number OF legal and voluntary sales are
scheduled and will be held during the first
days OF the month. These will probably
mark the real opening OF the auction business.
The suburban real estate owners have on
joyed fairly prosperous summers trade. and
reports have It that the season Is not yet at an
end One Of the latest tracts to be opened up
to outside buying 10 that lying along tho Hud-
son. on the Palisades. opposite Grants Monu-
ment. The property is highly restricted
against nuisances OF all kinds and is improved.
1t represents really the first step in tho resi-
Dental development OF that section. and its
success will be the signal for an appreclable
movement along similar lines. The new
suburb is known as Grantwood.
The following are the comparative tables. for
Manhattan and the Bronx. OF the conveyances.
mortgages and projected buildings. for the
corresponding weeks OF 1909 and 1893 as COM
piled BY the Record and Guide:
CoSvEYANCEB.