Evening star., 1901-11-09
REAL ESTATE GOSSIP
Some Features Of an Active, Inter-
esting Market.
TYPES OF CHURCH ARCHITECTURE
Improvements Contemplated in the
city's Business Sections.
OF; REs T

street between H and l streets northeast
for the use of the new Episcopal eongrega-
ton of the Chapel of the Good Shepherd.
AS already stated In The Star, a beginning
has been made in carrying out the design
of this structure, and the work is nearing
completion. The building, as far as it is to
be finished at this time, will serve for
church purposes until the resources of the
parish are sufficient to warrant further
expenditure of funds
The basement walls have been lafd and
upon this temporary roof has been built,
and this will constitute the church home
for the present. The design for the pro-
posed edifice as drawn by firm of Boston
architects represents type of church
architecture that Is characteristic of the
last period of what is known as English
Gothic 1t is termed the perpendicular,
and thus far is unrepresented In the church
designs of this city. An example of Aarly
English Gothic is found In the church of
st. Thomas, 18th and Madison streets,
which is regarded as one of the best illus
trations of this type to be found in this
country. The edicce is recognized as
most satisfactory and pleasing composition.
Early EnElish Gothic.
The style of the new church is less
familiar, and perhaps for that reason it's
merits will not be readily recognized. The
ldCduc VIII uc CoupooSo VI q zE1uAS ihhnSo
by a strong tower which; viii be finished
with spire A large opening filed with
tracery will occupy the center of the main
portion Of the front. Emphasis Will, of
course, be laid on the vertical lines of the
front
1t Is noticeable that more attention is be-
ing paid here to church architecture than
has been the case in past years and it is
likely that new buildings of this class to be
erected will tend to raise the architectural
character of such edifces in this District.
1t has never been claimed that, as a rule,
the church buildings of this city are nota-
BILE for their beauty or for any special
merit in their designs or method of treat
ment. For the most part those In charge of
the construction of such buildings have had
to meet the practical question of p-oyiding
funds needed to erect a structure of the
pIainest description, and SO every consider
alton practically has .sgiyen way to the
pressing necessity of getting building of
sufficient capacity to meet ahe wants ,---.-s
Feature of the Market.
The readiness with which the additional
house accommodations provided as the re-
suit of the operations of the building sea-
son just coming to a close, have been taken
up continues to be the feature of the realty
market. Suits in apartment houses are
spoken for long before the buildings are
completed. and as soon as these structures
are finished they are fully occupied
the same connection come the reports
Of dealers that their lists of houses
for rent are practically exhausted
and that the demand Keeps UP. This con-
dition leads naturally to another. and that
is the tendency of people who have money
to invest toward building enterprises. 1t is
stated by architects that they have already
for this season of the year an unusual
list Of commissions. 1t is likely that
only in small number of cases will actual
building operations be begun at this time,
but with the opening of the spring months
it is anticipated from present indications
that there will be great deal of new
work.
Demand for Vacant Land.
The market for unimproved land will also
be stimulated, it is believed and building
sites will be in demand. In addition to the
readiness with which homes are taken
there has come a certain stiffening in the
rents. While the advances which have
been noted are not Of a radical character,
still the extent and volume is of sufficient
consequence to mention as one of the fea-
lures of the market.
Prices for unimproved property, which
are always said to be too high, betray the
same buoyant tendency, and although the
advances may not be large, the existence
of a more active market marks a great
lieved by competent judges that there is not
only to be continuation of present favor
able conditions, but that the demand for all
classes Of property will expand. and along
designed to provide the supply for what is
evidently substantial demand for homes.
A New Bank BuiIding.
change Of note In the locality Of Massa-
chusetts avenue and 7th street marks an
important stage in the development of the
business interests in that section Of the
city AS already stated in The Star, the
Home Savings Bank, which is located at
7th and L streets, will soon begin the erec-
tion of a fine building for its own use at
the northeast corner Of Massachusetts ave-
nue. and 7th street, with a frontage also
on K street. This Institution opened its
has heen the caufldrnce in this enterprise
on the part of the ush1fc that In short
time 1t was found That the business de-
manded a more connodieus and convenient
In view of the gconpietien in the near fu-
ture of the handsome building for the pub
lie library on Mount Vernon Square, and
of the large businessxinterest already CEN
tered at Massachusetts, avenue and 7th
street, the site for the. new building was
chosen. 1t occupies "a Commanding posi-
ton and comprises the entire western Sec
tion Of the square. With ample frontages
ON three streets and antputlook across the
square where the beautiful marble walls of
the public library huildin& aresin view. the
pIopoSeu Structufe VIII t3Se TO- nelSnt OF
six stories. Stone viii he employed in the
construction of the walls of the first story.
while brick and terra cptta viii be used
for those of the upper stprfes.
The entire first h0or lsffIl be devoted to
the uses Of the bank. knL. the five upper
floors will be arranged according to the
designs prepared by Appleton p. Clark, jr.,
architect, for apartments, In suites OF four
and five rooms each.
win BE Fireproof.
Fireproof construction will be used
throughout. The new structure is not only
to be an ornament to that sectian Of the
city. but an addition 40 the substantial
modern structures OF tHe city as wei.
massive design viii mark the entrance to
the bank, which will be on the eth street
front, while there Will be a hallway in the
rear which will extend through from Mass
achnsetts avenue to X street. and from
which access will be hadssto the upper
floors. The officers are: B. r. Saul. presi-
dent; Anthony Gaegier. VICE president:
Alex. s. Clarke, secretary: Francis Miller.
treasurer; Michael ]. Colbert, attorney.
Additional members Of the board OF di-
rectors: Carl Auerbach, J. T. Gull, r. C.
Lewis, s. Dana Lincoln Wm Miller. Henry