The sun. [volume] (New York [N.Y.]) 1833-1916, 1901-10-06
REAL ESTATE NEWS.

practically did not extend beyond resident.
housing, including private dw"llIng- aud.
in = l"ss"r extent and the common
run Of fats IN" restricted character Of cur
rent trading -. however, ssa>onably normal
tnd b. satisfactorily accounted for hv m.
si'uati"u ~ the money market Tho a,'l,,
ttli ~'H-uu Of miscellaneous, dealing o. f...
"-tat" does not usually open urtil a month
from nov. when free capital has rcturre
~ uppr"ciahlc volume from the int.rr.r
Daring the temporary absence Of compstfl..
from his floating capital the tendency on the
part ~ money regularly devoted to real es'a'.
loans IL 10 hold out for con raratiy'Iy $40
rates II Interest. ~ay q. Ter cent vh'f" A.,
per cent would othorWis" h.. acreftatUr
IN" result il that Tor the most part otly hans
urgently required are closed n n. mon etf
Hut the purchase Of real --tsi" ~ AIDE vitnou'
the assistance" Of a loan are IroIortIouat,l
few
The restriction Of current dealing 10 vhG'
may he called sedsunAllv staple husircs-
~" buying at private house. ly home seeker
and IA" exchanging Of equities between or
orators must d" accepted under ey..'ir.
conditions A. 70 stsu ~ hrmncss in the w7rka'
Tht- conclusion o., horne out by 4 siriku.
ihir'pu'uoy at foreclosure rroceedrg.
1Iaiu'- new building Tho volume ~ cote
-tfu,tIural activity this wear ha- never 100
"ff.tll"d 300 IN" history 81 ~" CITY Never
th"l.-- the enforced liquidation that Ia
developed is very small one reason 'ar
tins o. that u host - weak builders and fe,A
!'., loan operators we're wiped out b, tb.
temporary rise m building material. aud
hardening OF the luan market spmettiuE
over e year ago The building operation
81 the current ear mr." a. = rule IN financial
strong hand, and IN" character of ~" cot.
-tructiuu work j. uuqucstiuuHhly bette.
than that ~ a year ur two ago, both ~ VAlut
circumstance 80, iHgorahly considered D..
lending Institutions iu acting on appll.r
tons Tor permanent loans 90 new butII.
ing
here j. consequently. no undue pressufa
{" dispose Of property on IN" art - uulU
"rs. and the ih~"n," - ANY unwhol,s.m.
Wfuru,' from th IS -uuf," is % gain iu ~ffynatI
{" IN" market a. a who'll" The general H.f
tud" l~ on" Of Couhd"rC" o. "a" 'NpeytHu,
OF lvclv trading a. soon ~, fro, capital h..Ir
." return IN volume from the INTERIOR A. tl,
same time real estate men HT" lar FROM ellen
a. - precisely What kinds Of property arc
to share iu the prospective activity Thr.
uncertainty = particularly noticeable amor.
su,lunesr,. whose business requires then
TO give positive opinions to clients weeks 20
advance Il contemplated sales Mesrtiu.
such uncertainty a. exists - occasionei Irf
bv any change m IA. broader vital influence.
affecting property. hut by absence % "A
pcrence a. to the permanent fleets Of tn
nov Tenement HOUSE law.
That the demand for private houses vi
cont nue. IL logically certain n this a..
maud ~rr- created exclusively nv inru,
of wealthy Immigrants from inland at...
and hy local Acc.s-inps To the ranks Of Veal'.
natural m q period 81 prosperity. the m.rk,.
for hlgh-grade Welhugs certainly would
never have DEVELOPED the eNtraordiratt
proportions which It has nov sustained f.
several years But these sources If demand
ar. .uppIrmrnted hy the encroarhmert o.
business buildings and apsrtment hotel.
ON the pri,at. house sectiorz below Fiu,.
ninth .tr..t IL il estimated TINT Al, hun
dred old New YORK f.uit.. s,II remain
ia tho formerly fashionable Finh sy.ru-
r,-td.nc. section b,tAren MAshin. tnr
SYti,r. and Bryaut PARK Ihes. iautIt-.
p,rt.ularly tho. Of them Who live h.lnv
Iv.pty.,b,rd str.e, mr.. n.,ns randy drive,
,ut hv an increasing nr,d,, non n, tor, and
lof, buiIdinss devoted TO Wholesale trad.
RI. ,r,.t. .ou.. .a,,io, he,we.n p,y.r,
and central Park. - being .iuil,rIy n.rrow.d
~, trrlttpir.tinp .t anartm.nt hot.Is
a., On. ~ a.. .,,-,.,.t .n,.t. 81 IN. "a.
T.r.,,,,, H.. In. a.. c,,s,ru,,I,,
.,u -, III, tn hc,.,,tn,s =, Ln
:, ~"
- -, ~.
- ' .,
y.
| -, 81. -
~
~" -" So"
y, ,"'''''' :" ~" ''"" ~ ""."
,''s' = -" o.
~
"" '''" 20
N''H ''"' ""N ".''"' ~
~ '"' '
.'"'''.'' q N''' "'' = w. '"' ~ ~ 49,
''.N WI" '"''" '''' ~ ." '
'"'' gu ''' ""'' "' 80
'''"h''''''o "' " "'''"''s '',"' -
,hH" ~ '"I ''', 80 III, ..' W Y, Nv.
'"' ''
'''i~h', "h"' MOI . ''' """'' = '""
-li't''N '.'' """ u" w."
''"h '"'' '''''"'- '
''Tu ''I'> '' ''.'' ~ ~
,I''' N'N vt III
N"n'h ,-h' w.
h'" "'TN '''IN ""'' :" ~ ~"
"'''' WI wv &C. y"
"'E' i"."'' ~
''ii'" Nv
-'u
'N w
l' ~ r, .c.',.a -. ~. r.,
' - ,,,,,t,.T, ,no -
r..t.t A., a.. Is.
- o.. c., ,,,, If, -. ,,,,ln.,,
- -, ,,,, ~ ,b. n,n,I,tio, ~ N.,.
.,, ID, -l,,,I tcr.,n.rt. .u.,,,rI,,
-, ,,,,tw,rts and tenement, prona,