New-York tribune., 1900-01-14
THE WEEK IN REALTY
Title CHANGE N GENERAL SITUATION
j P. MoReAN's REPORTED
PuRcHAsE-THE TAX
VALUATIONS.

= 49,, sone by real estate brokers
4. -. Isst v-aek 70 lift the narAet lIOi conci1ion
- co-,nonplace. There have oeeA se'sra' trans
-fo.s OF an interesting character, 1o 1he eenela4
volume O. the business
ssr.,-~ --opartions-
s.-s,ofore the demand ror private d~eiiing
1s -. furnished the chief share Of items.
-. .esn,s 70 be no Jet up IN business OF tnat
- - rom al indications trading IN thaI class
- -, --4ll be a staying force IN the market for
q reA-ls = ,o,e IN this fact conservative
sollS - +be market see only cause for opti-
= che absence OF any marked movement
- s,,zastrnent buying II is taken as indicative
- certain degree Of strength in the market,
-, z-su be followed ultimately by even more
.-~.-,,-v conditions Al least there has been
-.e-ess,on and there have been some signs
- .-.--over.ent IL the general situation.
= ~ business Of the week conspicuous item
- forward the Murray Hiu section. with evil
5ences of increased attractveness Of that part Of
The city. Among the transactions n dwelling
t--,ses The leading feature Of last week the
,--,7rrbase By William Saloman Of the Arnold house.
= he north corner OF Fifth-ave and Eighty-third-
= s-5 +, connection with it should be mentioned
80 ssia t NJ salornan Of 75-foot plot in Thirty
sf7rh-sr in the Of J. Pierpont Morgan's house,
- rbe northeast corner OF Madison-ave. and that
s--ze- Il was reported that Mr.. Morgan was the
ber OF the plot in question and there Is reason TO
believe the report true
There are indications that negotiations have been
IN urozress for the sale by the Presbyterian Board
n Foreign Missions q its property at the north
sas- corner Of Fsfth-ave. and Twelfth-st I033x15O
including the old Lenox house and also the adjoin-
,-,r dwelling house No. q Fifth-ave. Sales of No
- r1,sne-st No s. WiIiam-st. and No. Il West
rs-eurierh-st were also among the items Of the
week.
The Union Club, through its president and treas
,,-e- signed the contract on Thursday with the
Ba-pey-sheldon syndicate for the purchase Of part
OF the Orphan Asylum property at the northeast
corner Of Eifth-aye- and Fifty-hrst-st 75xlO0 and
The adjoining two street lots 5ox100 together with
ten foot light and air easement in the rear As
compensation for the easement the club has agreed
70 build on The rear twenty feet Of the street
lots. The purchase price was S700,00l
Concerning The balance Of the Orphan Asylum
plot. Il can be said the best authority that
stage. and are likely 10 be concluded this week
These negotiations involve not only what remains
q The Fitry-3TsI and Fffty-second ST. fronta ges
buL also the balance Of the block front in Fifth
ave including the Fifty-second-st. corner.
TIE auction branch had one important Offering
or WEDNESDAY, the executors sale OF property be
longing % the estate Of the late George B. Whit
field The Offering realized S277500 but much of It
was purchased BY the heirs
TIE tax valuations for the coming year were
ma &c public last week. The total increases fig
ure6 S,262 while the net increase, after the
estimated loss OF corporate realty assessments Is
deducted. is s2S 5S05S5 The assessment should not
year
The following table. compiled by The Record
and Guide" shows the tax valuations by sections
n the borOughs OF Manhattan and The Bronx;