The sun. [volume] (New York [N.Y.]) 1833-1916, 1901-11-10
REAL ESTATE NEWS.


n,a o1peiiehceo iess Of a check 10 bnsi-
nVI1n"s' VIZ rom .ne inevitable distraction
'"N''e"' w an 'iec'ion thhh most brokers
p,epaiou eApco'. Ihueeo' the volume
" ''auns was u eAcess Oh the weekly aver
: has p'.'sneu LOT a considerable
D' ~ neNs puuee' Included
am appleoIaoie propor,'on Of transactions
anrc.ins properly OUTSIDE the limited classes
"l'nih "hIoh ofokerase ac'lN'y has recently
oceh coh'ineo because OF the desultory
nlanheI III "h'cn private safes are reported
. puo''ca'ioh 'he charao''ristlc' Of n single,
Nrehe news 20 NOT however accurately
ie"''' w. 'ehuchclen ol IN" MARKET and Il
- Piooao'e 'ha' az ieaH' 'Wo VI 'he notable
'o"H''t'o"e :" "H' "rehS ouus"' FORM
"eI,oef9 vi larger ur"is uhurr'ahen and
pa''iy contaminated last spring Never
'nei,ea' w ueuucenlk dppareh' instances
!" .hs ha'ure' 'nere remains d sunicient
propoI.'oh oi are "rons VIVA, muN' De con-
e'neren ne" hh's oi ac''N"y ny comparison
WIN 'he Ieco't pas % eues'S' q revival
OF speculative interest IN certain neglected
classes OF properly
Inc budget WINE o'scioshs no oonuao-
tloh III tne currently staple oenhahu 10Y high
grace u"eh'hHS ny hV'huihs occupants or
OF Sues lot apartment hotels IN 'he sos and
t"s oy specuia''Ve opNiuu'rs' revealed no
Improvement u the 'hu"ier'ht market Tor
o'h"r classes OF res'uehtiAI properly lnolud'
ing slVeS LOT hous"hcePlhH mats ana tene-
i'en'' oh 'he o'hei hnhu' an uh"">hEaoIe
increase was ho'eu III the number ol trans
ac'"ms nohk 'no ndpu i'"n9,' 'C"u' ooth
on washington hr'snt1 ana ei7""here'
rurthein''re' Heverai purchases ~ business
propTity ~ere "due w incoming users
ihu''''Nhs Wv ueN''"pmr"' VI a ''nuehcy
nv. -''""t, W "rlrH' !" Nv "a'1''
~ ''s 90" y" 'I."'" -" ue
~s'p"'ns' " 'nrt' ~ " VIC WEEKS
ouuse.' vac mH' Np'a'. prepara'
ION . o"iu.ne III ~ spths
wv y ue u.s.. u Nhn''
ihNVau' Np"ou"V''' "h "" '"'n n'Nen-
'oh u 'acan' u".'il"L,' pl,lr,'' .na'
may De heIu LOT d per"u' VINE ouldlns
opeIu'ppne ma p"i'". sr'hu'uN'
WA piohhise pio"' " Wv ot.'a"""Aent
III anu 49, .N'..v y 'e
"nipic''oh i me puo'u '"e.' nov
uhuei way "aSnlhs'o" ne'snN oS aug
ah'Itu"eu piopeits i"tn
aNehuo ~ .h.e'seotns sueet pahN'uIatY
oc,"eeh ~ent, nv w. nnu : ~ '"mth,
.sn Gnsp,c.ousty unu., ure neau DIV
= - p'eh'' p'O'-i ''VNua'
i've promise IN less weIi,denned localities
anu " al eucn propet.y ~ IenunIe 'nsttu,
tons are ready 10 mahe nperaI poans' oa%d
on current hhu uuo.at'hs' ""ne hes'n'hs
70 acoep' such ouo'a''ons Ill '"e s"''on'
""e'e ou"''hk cOhS"uo'on h"' 'eo9nH'
oeen most ACTIVE
WIN regard 10 investment properly the
bearing OF current brokerage news Is less
clear NO appreciapie oemaho ior modern
improved real estate has so Tar been demon
strated. Az the same time property OF 'hs
KIND II more prohtaoiy ana generaHy en-
ployed than al the oeslnninR OF IN" present
period OF Industrial prosperity VhHe TIE
surplus OF Investment capltal vastly greater
Inc CONDITION OF the money hafhet VIII IT"o-
apIy become more ia'oraoIe 70 IhF'N'Hlr"'
buying ny the time the active oroAefNss
season II fairly opened and. with a ccan
ana erhcleht clty ADMINISTRATOR. the s"'u-
meht opposed 10 buying reai estate TOT us
income that mas grown up uhuer ianIhany
will undoubtedly disappear along Win the
causes tna' gave rise 70 II ina' wv 'o"u-
tioh ana prospects oil hlproNeo p'oP'I'y
are intrlnsicaily attractive ~ SHOWN oy 'hs
TACT that a large. II not the arser' snare OF
the lew investment purchases recently re-
ported have been made by out-of-toWn capi'
talists. who In some Instances nave given
Tree ana clear hoIdihss ia o'hef ci'ies a. pa''
payment
A + Glsey has sold the northwest corner
OF Madison avenue and Iwenty-sevelt'
street ior franknh f''ut 70 mares p4'h'
VINO VIII puhd an eieveh-r'ory apdr'h'-.'
hotel on the property Inc properly consists
OF a plol ZotS'' oohtah.uhs q pf''uU, -
dence formerly Occupied oy p 'a!e"mr
Mot. ior "hom WI ,'Ne' III ~ "
fttut ihst sphhs IN" I'p'r'ru ap"I'
ment hot-l mas p"eh l'h'fd nS y" p"~P'
IN cohJuhcuoh WIN hi''AN Us
Aargaret tucker Iot W''H ''N " .. q .
eresatr rental oil s@.S.'' I. "h -
ior the piot was s"'''
hotel Is nov uhoef oo'N.'u''.u - -.
avenue ana l""h'l-Hl"'m VI"
site OF the oid S'"'u'h Nv, """,
neishporhood' "uhch may
Madison eluafe s"'uph, ! D's'"s y
he looAhues AdjA'"hv ~ "I'''y -
Acre squares a. a N"a. u ".u'"' :.
strucuoh OF apartment :" VIZ
y X Wood 4 Z" hAN" 500 ="