New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-05-20
THE WEEK IN REALTY.
SALES OF BUSINESS BUILDINGS THE
FEATURE-soME INVESTMENT BUY
ING-DISAPPOINTING RESULTS
AT AUCTION.

In point OF variety the trading last week in
the real estate field somewhat more salts
factory than in the preceding week None of the
items reported by brokers of an unusual char
acter, but there a fair amount of business
consummate ted in property of moderate values There
several items involving amounts of 100000
more, and many smaller sales that were not
without significance. Several downtown parcels
included in the budget. and there may be
found indication of an underlying strength in
the general situation. While there is little reason
believe that the present season will develop any
transaction of sensational interest. there is evil
dence that conditions steadily improving. and
after election would not be surprising If the real
estate market showed a remarkable degree OF
strength. The failure of the present season to
up expectations was not surprising. in
the face of the unfortunate attempts at legislation
that for time destroyed confidence and made
investors tinid about entering the market for prop
erty which at another time might have found
ready purchasers Now that the conditions again
justify buying, summer is at hand, and the usual
dulness incident the season is almost inevitable
last weeks TRANSACTIONS were No. IS Frankln-st'
No 81 Dey-st, No. 81 Mercer-st. and No. AZ Frank
Inst The sale these properties is particularly
interesting at this time. as they are clearly ex-
Another feature of the week was the continued
buy a 81 a will ure IN the
of the apartment house in Central Park West, the
d @ osf dsTab of real estate Investments
in this city, and the future possibilities In this
class Of building seem almost unlimited.
twenty Mes iast week and the fact becoming
more tn tas ST is being
Some good transactions in high class dwelling
e3s d oas in No. f st
St; south side OF sixty,ifth-s 8, feet east OF
: No rs East NG rs East
NSs los and 1S So East Is Wst So 2
and the corner of a1d
altered
Bank, which was recently organized under the d.
report to the effect that the Ridleys had Sc
cured long Lease of the are Rseps
on the east side of Sixth-ave.. between sixteenth
ment that part of the premises have been leased
The latest rumor places the new store on the west
Eighty sixth st. This rumor probably arose from
said to have Been deneIy The Ridley
or Orc g ST. runn f back lso fsst
Or hsed S and s for the en
st. corner 6sxlo0 on which the Rideys held ten
sos in at a @s 59agh Th oF
total of $4,000 for part only of the property ,
sea
hs arRheR
Of the lots being sold. This was due to the fact
mat sH VIM p pf
Which OF Pes Of of B oHe pae
u1a ne Rinhand Harnett & Co will offer
properties in Thirty eighth, Seventeenth. HARRISON
West, Barclay, Washington, Murray, Pearl and
Front SITS On Tuesday Mr. Harnett will present
list including three large plots in Third-aVe
William NJ Ryan's announcement for Tuesday Is
a sale of 14s lots in the Twenty-fourth Ward, in
Tremont-aye., Southern Boulevard and other
streets. ,,
For the estate of Eugene oSullivan, George r.
Read will on Wednesday offer the southeast corner
of Wall and Pearl SITS. large parcel in Cedar-st.
IN M'' Bea aver Cedar and Pearl SITS. .,,.n
Peter Never on Tuesday s.S will offer ven
Eighty-seventh SITS, Bay Ridge, Brooklyn.
The following are the comparative tables Of the
convevances mortgages and projected buildings
for the corresponding weeks of 1900 and 1899, as
compiled by The Record and Guide: