The Washington times., 1902-06-22
LITTLE DOING IN
REAL ESTATE WORLD

an offer was once made the bank au-
| thorities for their ground at $50 per
| square foot, but was refused. This is
now considered a good price for ground
in the immediate vicinity of the bank.
There has been much cause for COM
plant among the builders and architects
over the raise in the price of building
materials and the labor troubles which
have tended to interrupt building opera
tiOns here. While many new buildings
are in course of construction, it requires
| close figuring in order that losses may
| not be sustained and a number of
| schemes for the Improvement of vacant
| land has been abandoned because of the
adverse conditions existing at present.
Especially in the erection Of homes has
there been n dropping off. and many
prominent citizens who have had plans
prepared have been forced to postpone
building at this time. 1t would be hard to
estimate the increase which has taken
place. but the cost of constructing build
ings has been greater during the spring
and early summer months than in years
New Structures.
Moore G. Hill, however, have had
plans for 4 number of new buildings
prepared, which are to be erected in
the section known as Bloomingdale.
They now have five residences in course
of construction on the north side of U
Street between North Capitol and First
Streets northwest, and in the near fu-
ture will start five more on the south
side of the street. Thomas NJ. Haislip
has the matter in hand and will get his
men to work as soon as possible. The
houses will be two stories, attic and
cellar and will contain six rooms each.
They win be put on sale when completed
for about 81. 500 each.
The same firm will erect five more
houses at the southeast corner of North
Capitol and T Streets. opposite ST.
Martins Catholic Church. which it is
expected will be the most handsome in
the section. They will have frontages
of eighteen feet each. will extend back
a good distance. and will contain eight
rooms each. with baths, laundry, and
other modern conveniences. They will
be held at about $4,000. Five other
houses will be erected on Rhode island
Avenue. adjoining on the east the new
| Central Methodist Church, which is be-
| ing erected at the northeast corner Of
First Street and Rhode Island Avenue
northwest. Charles E. Young. Oscar w.
Larman. John W. Metzung, Edward s.
Wild, and Johanna c. Larman will be
| the owners of these houses when COM
pleted. They purchased the lots some
few weeks ago. and Y is expected over
900 will be spent In the erection of
the five houses. New curbing and side
walks are also to be laid along Rhode
| Island Avenue
Hotel Addition.
| 1t is probable that before the fall sea-
son opens active operations will be be-
gun in the erection of the addition to
the New Willard Hotel, SO as to bring
that structure up to F and to cover the
entire area formerly included within the
site of the famous hostelry which gave
| the new hotel its name. At the time
the New Willard was erected and 1t has
been occupied only during the past sea-
son, 1t was stated that it was the inten-
tion of Mr.. Joseph E. Willard, who own,
/ ed the old Willard Hotel property and
| erected the new structure to ultimately
complete the building by continuing it
all the way up Fourteenth Street 10 F
Street. II is evident that the success of
| the enterprise has been such for its ini-
| tial season that Mr.. Willard has con-
cluded to proceed at once to carry out
the entire scheme.
1t is stated he is making arrangements
to sacure portion of the funds needed
and that he VIII make a loan of about
soO0,OOO. The present structure, with
| out counting the cost of the ground. in
volved an expenditure, 1t is stated, of
over $1,000. 000 but the new part. will. of
| course, not call for an equal amount.
The location of the proposed Cont
mental Hall, to be erected in this city by
the National Society of the Daughters Of
the American Revolution, having been
settled, the efforts to secure the funds
for the erection Of the building will now
be prosecuted vigorously. AS is well
known, the location chosen is a spacious
one, comprising the entire frontage Of
the square on Seventeenth Street be-
tween and d Streets. There is one
square between the new site and that
occupied by the Corcoran Gallery build
ing. and across the street is the fine
park known as the White Lot. The
frontage of the property on Seventeenth
Street is 210 feet. with 10 feet on ID
Street and 161 feet on C Street. The to-
tai area is $4,000 square feet. At the
price paid, which was SLAP per foot, the
ground cost the society the sum of
$50 l65.
To Cost Thousands.
1t is the purpose to erect there a
building which will cost, including the
ground, about s25O,O00. beginning is
to be made in the near future. although
the entire amount peeded is not on hand.
and the organization is not permitted to
incur a debt. However. in the case of a
society of the large membership and in
fiuence of the Daughters of the Ameri-
can Revolution the raising of the requi-
site money will not be a difficult matter.
1t is proposed some time during the
coming fall to lay the corner stone of
the structure and, when the funds per-
nit, 70 proceed with the building opera
tions.
This improvement is of more import
ance to the city than merely the addi-
tion of handsome building, as 1t is
proposed TO provide an assembly hall
with a seating capacity for about two
thousand people. The need of meeting
place of this character has been recog
nized for many years. and there is no
doubt that the new building will meet
a public want, and that If the society
desires to derive revenue from the
building il will find a ready demand.
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