The San Francisco call., 1901-11-17
PLANS To HELP
C|TY's CENTER.
LargeImprovementsA Are
Proposed for the
Sharon Lands.
Contracts for Buildings Prove
Interest in Local
Realty.

The most significant indication of the
week in connection with realty in the
center of the business district of San
Francisco is the announced intention of
the Sharon Estate Company to encourage
the building up of New Montgomery
street in such style as will make the vi
cinity of the Palace Hotel very attrac-
tive meeting of the Sharon Estate
Company was held last week, and advice
on the interesting topic of the improve
ment of the company's extensive hold
ings, which run from Market street to
Howard, was given by Herbert E. Law
and others. Mr.. Law had a definite idea
of making improvements on a scale that
would insure uniformity in that neigh
borhool. His remarks were listened to
cerned have since expressed approval OF
his general plan.
The subject of a theater in that neigh
borhood, TO stand upon land OF the Sha-
ron Estate Company, is live one. After
due elaboration, in which the manager of
the Palace Hotel took part, it was de-
cided that there was no room in the Pal
ace Hotel for a theater. All the accom-
modationS in the hotel are in constant
demand, and the growth of the city in
sures that the demand will never be less.
There has been considerable discussion
concerning the location of the theater
which is favored by the Sharon Estate
Company.
1t is a matter of history that Ralston
thought that New Montgomery street
would be a financial or banking location,
and This opinion had much to do with the
purchase of the property that is now held
by the Sharon Estate Company. The the
ater project is based to some extent upon
the idea that it is desirable to make the
vicinity of the Palace Hotel frequented
and light by night as well as by day.
That will tend to keep the hotel popular,
whatever changes of the business center
may take place.
Old Mansion Is Sold.
The old Won Schroeder mansion, corner
OF Rlncon place and Harrison street, has
been sold to F. Korbel, who is interested
in planning mills and other enterprises.
The price paid was 5000. Possession
will be given in December. The property
fronts 50 feet on Harrison street, with a
depth of 135 feet on Rincon place. The
--ouse was built in the early fifties and
was famous as the first residence in San
Francisco to be frescoed.
For time it was the finest dwelling in
the city. Many of the appointments were
brought from the East. Its spacious
rooms were the scene of social gather
ETY. moved off toward the hills of the
city, and the neighborhood of the Won
Schroeder mansion has been built up
largely with comparatively small houses.
For some years the old house has been
occupied by Mrs. Frank Smith.
Transacted by Brokers.
G. H. Umbsen & Co. have sold for E. 7 lie
Breton and others 19x100 feet, with improve
ments, consisting of frame building on the
west line of Powell street, 1910 feet south from
Thomas Magee & Sons have sold the follow
ing properties:
% ;6x6O. with frame buildings for s19 500; lot
25xloo on the north line of Fell street, near
Richard S. Williams has sold three flats on
the north line of Page street, Ashbury,
with lot 25xl37:6, to Charles Elm for Sill 500
Easton Eldridge Co. were the brokers.
George A. Raymond has sold for Jose Guar
diola to the Mercantile Trust Company 2OxSs
feet on the south line of California street 71:3n
feet east from Sansome street with three-story
and basement iron and brick building, for
Wooster, Whitton & Montgomery have sold
ten-acre tracts in San Martin Santa Clara
Sounty, 10 +: L. Fletcher Of San Jose and D.
T. Wilson, Thomas E. Hearty NJ J. Moran
r: D. Kellogg and w. Delaney of San Fran
Sales have been made by o. D. Baldwin g.
Son follows:
Amelia Schneider to John Jury. lot so by lao
on the north line Of Clay street 1916 west of
Spruce, for $500; Thomas H Rooney to w o
Reed, lot S5:11 by 71:S with lot in the rear Is
by %, on the east line of Folsom street. SO
north of Norfolk, for $500; Henry Meyers to
Joseph Marsden, lot 1876 by 1O2 on the north
west corner of Sacramento and Cherry streets
Ior SZeoO. and Michael Reagan to John V. Prior
lot S5 by 75 with house, on the south line OF
Clementina street. $50 east Of Ninth street, for
$500.
F. B. Surryhne reports the sale of a lot on
the south line of Pacific avenue, Is east from
Buchanan street, 40 by 127:SA, for $40 O0O on
cost $500
Miss Catherine Fella has sold to Adolph
Meyer, through the agency of Easton, Eldridge
& Co.. lot 40 by so. on Dale place, near Gold
en- Gate avenue, with improvements for $500
The following properties have been sold by
For the Hahnemann FBspital to the San
Francisco Nursery for Homeless Children half
CT block on Lake street between Fourteenth
and Fifteenth avenues 225 by 227. for s14, OJO !;
three lots on Fulton street. near Willard rs
by 1876 for $500; lot 25 by 12O. on sixth ave-
nue., between and D streets, for $1,000; lot
27:6 by 1876, on McAllister street, near Devis-
adero, for $500.
The Ahlborn House and the Helvetia
Hotel and other properties of the estate
of Joan N. G. Hunter are under agree
ment to sell for $19S,O00.
Baldwin & Howell report that two new
avenues have been opened in the tracts of
| the FL Cerrito Land Company and the
Bowie Estate Corporation, and that many
improvements have been made. Fourteen
sales have been made in the past few
Next year a park will he laid out in front
of the Shreve property.
The deed has just been recorded con-
veying to Henry E. Bothin from the Ger
man Savings and Loan Society the south
east corner of Leidesdorff and Sacramen-
, to streets and S9X137:6 feet on the north
line OF California street, se6 , 50 feet west from
feet nearest to Kearny street a building
will be erected for the Bancroft Whitney
Company.
Progress Of Building.
Douglass S. Watson will build an apart
ment-house on the northeast corner of
Bush and Powell streets, which will con-
tain thirty-four apartments of from two
to five rooms each. The structure will be
five stories high.
William F. Klein has arranged to erect
two flats on the east line of CLAYTON
street, 125 feet north from Fell street, to
cost $4,000.
Minnie P. Shotwell has contracted for a
three-story and basement building, to
stand on the south line of Eddy street,
1876 feet west from Mason, oftwhich Ma
thaniel Blaisdell is the architect The ap-
proximate cost as revealed by the con-
tracts will be about $780,
Mrs M. A. Taylor will build a three
story frame building the south line of
Clay street, 1926 feet east from Broderick
to cost about $4,000.
A two7story and attic frame dwelling
will be placed by Henry J. Evans on the
streets. The cost will be about $780,