New-York tribune., 1900-03-11

touched upon again The stranahan bin. in itself
ho h popular f6 @ with real estate m b mas
| certainty that exists as to whether 1t viii or VIII
action is taken one for depression will have
been removed If the bill fails to pass the the men IN
business will not shed any tears over its grave
been accomplished to show possible lenders where
! and how they stand; and money now being n1 held
The high cost of construction has resulted In
al an difs @ 1t G is
that this result in good eventually since 1t will
yof bu f n nP IN IN better 6
ing future business for builders interested in such
While this this reasonable and grobo o6 bic e in, n
result is to come in the future. 1t is with :ss
cost of construction may be set down another of
the causes of immediate depression.
seems to have redeeming virtue in the opinion Of
surate with the increased assessments on the prop
a prophecy Of Controller Coler to the effect that
OF per cn rG1 m p OF b ef ne S h
tions of property nnlssS the general raid on the
dicate that this raid on the treasury may be
cerned much damage has been done. Confidence has
been lost by some who have been regatning 1t since
the increased assessments were announced year
Last week the business was. not particularly
different from that which marked the several pre-
ceding weeks. Rumors of large transactions were
eossd e In one e the week s 3
served In the auction rooms than for some time
Two partition sales of important properties were
scheduled. there is reason to believe that men may
ahosh the business hee a for the the mot Ra
| been of conventional and uninteresting sort day
pa sales Scheduled IN he auction IN ta s week
demand that properties shall he offered absolutely.
and byrbidding is necessarily fatal TO the best
clearly and as they were held on succeeding days
the evidence more emphatic than usual
week may be best had from consideration of each
DAY OF RUMoRs
The first day of the week is usually characterized
by little business ordinarily being
| reported by brokers. Last Monday was no excep-
| tton to the general rule But in place of actual
| news many rumors became current, and old stories
| IN new dress We're repeated with degree of
| commence rather surprising when one remembers
been brought forward befor to iii Hp the pIace
| of actual sales. Mondays crop of rumors was
the story that the stewart mansion. formerly oc-
corner Sf o TIE MaTnattan Club at the northwest
bTer beep s4d Wa at tad price ri rep9red to be s The
Il is rather amusing to those s Who watch the
rea rss f bel market closely to observe that in the
| ties are usually located a long way from New
lam Waldorf Astor had decided to sell :li ali of his
real real estate on its face an absurd story the pros
dicateS representng English Dutch and E German
up false rumors With rersnc serycf % in fb
mansion all that can be said definitely at present
estate SAYS that offers the property have been
received besh but up to the present time have
! ooeen accepted. The old Union Club property also
ngurcd in Mondays rumors, but here again there
action looking to that end has as u.s. yet % been
first day of the week % fb
me sale of eight lots In the east side Of Morn
end One.hundred 'and-nineteenth SITS. and in add-
pronertv and dGeIaneoHs GUIIa items involving vacant
| character. " p '
THE AUCTION BIDDING
Two Gays In the week were principally interest
| iis On account or important auction sales sched-
| uled On Tuesday large crowd gathered in the
auction room to attend the partition sale of the
Lippman Toplitz properties which included a
| number of parcels attractive from an investment
point of view, such No. 59l Broadway No 1854
Mercer-st., and No 112 East Fourteenth-st IT be-
We're We're entering into the competition, and interest
was realized, outsiders became the owners of not
reeTy mansP a e m the sps s hack lack of of be In
Of Ting ha SoWe1 e IN psa rge % me sure to the sort
| 80 90 3ften has II happened that men who have at
fanfor Ss iSh nave h been unable 10 compete salts
usual conditions will induce them to spend their
operators and professional real estate men are al
tbeys Te reSent waiting for chance bargain but
dG atdendinG imp0rtant auction sales If there was
In the brokerage branch little that was new bust
S was of No 3 on TUESDAY M The sale
ing. The buyer, r. G. Dun, owns adjoining prop
erty P'0A
! On the day came the announcement that
! Perry belmont was the buyer from BENJAMIN
stern OF the north corner OF Fifth-ave and
alley, and 25x100 in the street adjoining the alley
Confirmation OF the report that Mr. Belmont vas tta
plot was refused, but there is reason to think that
he is the purchaser. Deeds by which Henry Corn
S6 m Noa as S m aG4 % to
Helen G. Iuilliard in exchange for No. IS % West
Ninet 18th ST. were recorded, the transaction
Cooper Building
! "Wednesday, and with rather more justice than on
the preceding day. In the sale of the WagstafY
competition and as result the entire offering was
sold for satisfactory and encouraging prices For
lot only two parcels went to the heirs. No. 591
Broadway the leading item of the sale, was
teenth-st., go feet east of Fourth sold TO
the present occupant for ST. go, after the sharpest
On the day it learned that at private
contract Flake & bowling had sold a firm of
One-hundred- and -first-st. and four lots on the
north side of the street, being part of the plots
b. Altman < Co. also added their holdings i'm
sixth-aye Eighteenth and MI Nineteenth sts. by the
Edward Jansen. 4 long list OF leases made by
| firm was also made public on Wednesday.
lot in Ffth-ave.. north of Eightieth-st., for
Louis Stern and the sale Of Of four % lots on the north
J. NJ Horton. A number of dwelling and 1athouses
| also changed hands. Similar properties in
Cuded in each days business last week and a few
lots were sold for Improvement with high class
houses
hundred and-enth-st. east of Seventh-ave.. made
the leading items ms, on Friday when fine dwelling
Yesterdays chief item was the confirmation of