New-York tribune., 1901-08-25
THE WEEK IN REALTY.

The real estate operators are slowly returning 70
the city from their short vacations. and runors
about their proposed plans are becoming exceed
lnely Interesting. While the Long Acre Square sec
ton has been especially attractive in the last week
20 the student OF realty deals the reports from
there though indicating possible stupendous move
nents for Improvement, do not reveal that autumn
activity hessbegun earlier than was expected
The outcome OF the overtures looking TO the pur-
chase OF the block front on the west side OF Sew
enth-ave.. between Forty-second and Forty-third
sis Is awaited with much interest. The prospect
Of a drygoods firm getting the site appears TO be
excellent II this deal is successful Charles
Frohman VIII probably get plot at the southwest
corner OF Forty-third-st and Seventh-ave.. as an
nounced IN The Tribune yesterday. as site for a
new theatre II is generally thought that the title
10 the New-York Theatre will not be transferred
for long time.
Nearly all the operators think that the coming
autumn will eclipse in the volume Of business and
interest any within their memory one Of the
principal questions OF the hour is What properties
will be most neutrality-suspicious. hotels fathouses
apartment houses unirproved lots, tenement
houses dwelling houses or business parcels? Some
dealers say that this question could probably be
easily answered II the average person Of means
found real delight in studying real estate transac-
tions. Realty operations not a pastme for
boys in fact. for any one else. Neither is the
real estate field game Of chance. many people
imagine.
To hosts OF people the study Of real estate valua-
tions is like the study Of Volapuk-decidedly un-
attractive. When the student Of realty transac-
tions begins 10 form opinions based on his own
observations to the probable meaning Of Ger
tain operations he likes TO talk about sales about
taxation. about the planning and building Of
houses and If he has invested with fair success
he will probably become big operator. In nearly
every month there will usually be found many
persons looking TO buy private dwelling houses. or
10 build houses for their own occupancy. To buy
and 10 build such houses a small scale does not
give any one a true insight into the great lines
OF operation In the realty market does Il place
in their hands the knowledge that others have
gained in the real estate field by years Of expert
Nevertheless hundreds Of men who have only
any day in the auction sales rcorns struting about
The place as if 10 attract attention Some Of them
think occasionally that they know more about val
Tbe fbe regain their riebf senses th@y viii prob-
ably learn that II they had talked over their plans
with successful operators they would not have con-
nected themselves With poor investments.
no. ls3 Diyision-st- II is on lot 25lK4Ss feet
The buyers were }: & l. p. Lempert
Thomas Rosson has sold plot s5IlKl2S II sS7s SS
Mulberry SITS. 10 Marrasco Abhate. who VIII m
prove the parcel. Old buildings, No. $40 TO 3s4
BroOme-st, stand on the plot.
Glover No. 2l6 Sixth-st.. a five story double tene
coilfns q Collins have sold No - East sixty
first-st.. -four story brownstone dwelling house.
ffh-st, private dwelling house on a lot l6SXl0o
Leonard Weber & Co have sold for John Smith
3 five story brick hathouse at the northeast
OF Wiilis-ave. and -hundred-and-fo -forty-sec-
ond-st: for Morris ALL. No. Cos East One-hundred-
and-thirty- -seyenth-st. a four story double fat
fourth-st, a story and basement dwelling
house.
John Peters has sold for Rebecca Cohn 10 F.
Burt No 45s Manhattan-aye, "A five story double
apartment house, plot 21N95. Mr.. Burt gives IN
part payment a private dwelling house at Wester-
leigh Staten Island.
". r. d &. II. Smith nave sold for Emil Simon
the two three story and basement private dwell
Ing houses Nos. sos and 81 West One-hundred,and-
nftieth-st for SS5 COO. They have also sold for
Laura Bayles plot OF three lots the south side
of WendOVer-ave., one hundred feet east of Third
ave, 75x122 for $4,000.