New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-13
REAL ESTATE.
CHICAGO SYNDICATE BUYS THE NEW
PARKER BUILDING IN FOURTH-AvE.

The summer quiet Of the real estate market was
considerably stirred yesterday by the announce
nent of large transaction In that part OF Fourth
which has come to be known the new uphol-
stery district The property comprising the new
twelve brick and stone structure at the south
east corner Of Fourth-ave. and Nneteenth-st. was
sold to Chicago syndicate of investors. whose
names were withheld. c. E. Harrell & Co.. Of No
$50 Fifth-ave., conducted the deal The price re-
allied was between s1,7oo,GO and aS0oO0O.
The property was owned by Jennie S. Parker
wife of John H Parker. of the John H. Parker
Building Company, which erected the building
The plot which 1T stands has a frontage In
Fourth-ave of 1S1 feet and depth of $50 feet. 1t
was formerly a part of the old Matthews estate.
and for years was occupied by the Cyclorama
Building.
The building was begun last September, and, al
though. not yet entirely finished several tenants
have already moved In Many of these represent
Chicago and other Western furniture and drapery
houses. All are interested in the furniture and
upholstery business allied lines. Among them
are Peter Schneider & Co, formerly Of Canal-st
who have leased part of the ground floor; c. H
Medcus & Son. wholesale furniture dealers; the
Crocker Chair Company OF Chicago; S. F. Porter
who represents thirty-four Western furniture con-
Germs, and the Detmar Woollen Company. of Chi
cago. The impetus given to the upholstery bust
ness in Fourth-ave. is explained by men In that
business having resulted from the extraordinary
growth of the furniture trade IN Broadway north
OF Union Square and the expansion In the retau
trade in Sixth-ave. The old centre Of the uphol-
stery and furniture trade was in Canal and Broome
sts which district has been almost wholly usurped
by other lines of trade The proposed construction
of underground railroad in Fourth-ave, with
stations at Fourteenth, Eighteenth and Twenty
third SITS, has also had a quckenng erect upon
real estate in this district.
vestors are coming 70 to place their
money in high buildings;" said broker YESTERDAY.
safer investment in New York than in Chicago"
pao m pc ed to By csdnsd r S
building investors II was 5umored Yesterday that
northeast corner of Fourth-av and Nineteenth-st,
is to be sold to firm of investors, who plan the
the plot. The land is now occupied by two three
s91 S15 So ana al anS S0F sS
THE RECORD OF SALES
1t is reported that the six story apartment house.
75x10O No. 10 to ia West Fifty-seventh-st.. and
the fve-story American basement dwelling house.
1sx62x1o0, No Sl5 West Eghty-sixth-st., have been
sold.
way yesterday resulted poorly OF the seventy
eight lots listed for sale by James L. Wells twenty
were sold at prices ranging from $1,000 to $4,000
seyenty-gsven at prices Ranging from $500 ooo
Gr % have sold for Mrs r S G0ssn
J. MsDsTmott has sold to " Walters the plot lot
tween e-hundred-and- sixty-fifth-st. and One
hundred and-SiXty-s ixth-St.
lot 25xiOo No 14S East Thirty-nnth-st for $4,000.
A. Boscher the six single s5houses No 55I to ISL
East One-hundred- and forty thirdsst. The pur-
ySs o s PfE fs story
Layton Rogers have sold for the Lang estate
No. 5sl West hundred and forty -first,st
Ely D. Phoenix Ingraham & CONG 70 Frankfort
io45x25xioil six story brick tenement house with
stores with four story tenement house and Two
story brick building on rear; foreclosure; to the
paintiH for $500 over and above mortgages and
interest. .,-.,
and-forty- sxth-st, on map No. $50, south side.
$50 feet east OF a,e 10 We
plaintiff for $4,000.
By Peter F. Meyer & Co.-No Sc Cannon-st.. east
story brick tenement house with stores: foreelos-
ure; to the plaintiff for $1,000 over mortgage and In
BY Philip A. smyth.-No. TOP East one-hundred:
and thirty-fourth-st south SIDE 4S9s Ieet east Oh
house foreclosure; to Annie Byrnes for $2.750 over
mortgage and interest -.
hundred and twenty third ST. north side. 2l61 l3
feet west of Park-aye 1o:5x1ooll three story and
public auction sale to n B. Trip for $1,000. No.
,y E Place 20 Se story
ing leasehold: administering sale. estate OF Tim
S %o $50 %ss SS RnR %
south side, 1856 feet west of Boulevard, f5xe9.11.
sbs hT a soss Placer d
1873 feet north OF Westchester.ave 5oxI46x5oxI+.
north side, ST feet West Of Bristow-st a5xiT5,x
25xf742. vacant: to same buyer for Slofo
REAL ESTATE TRANSFERS.
w ;se Selma podma se Alfred @
5sth~st n s. 40 II OF eth-eye. 2oxioo5 VIII -.
lssh;.s ssis sT Ei.s s Il s5osl ii
81 a1s7 10, Edssla and Arthur Ridley to