New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-06-01

. 49,. ,,o- piftb-ave section than at present
As there are no indications that there VIII 'l. -
be lower prices than now. intending pun , g.,
do we'll II they examine the properties 1oi SCI
tho districts before the busy season Is mere "e
There are more than a good bakers dozen % oa
gaI,s IN the west Side section above F1lty
70 he had and about the same number OF oar GAINS
in the other sections
4 realty bargain Is a property whlch Is o4Ie'e "
sale at less than the ruling market price LOT sli
lr ,ronerties in a district where better condiuoHs
are likely to prevail in the near future " men SUI
properties are be had the majority oi Peop4o
who are not thoroughly acquainted with realty CON
d,tions usually ask why the tempting OFFERS are
49, r,,,,l.1y. snapped up by the who make
business Of buying and selling properties ms
question Is easy TO 1t is imposslole ior an
active investor TO OF all the offers ana even IL
10 ,yara IN a position TO obtain such valuable
a. -, .rrratior he would not have money enough 10
nv, ali nronerties offered tempting prices Ihen
again me i the majority Of brokers' investors
and SPECTATORS are gone to the country ior 'aoA
People with small rolls of money TO invest might
find it profitable to MAKE ~ fhe ctv and TO
Staten Island There Is growing aetLidIiu t
9Th a small capital should hasten there as soon
as possible. They find some bargains t!iSI
aG1onp real estate men that they Will md Few par
gains there several years hence as parcels 'iefe d.
h e.Tie 70 Real Estate Record Guide of May 81
has an article entitled Looking Ahead II says -
LAS is natural during holiday week toward the
end Of Nav the sales announced IN our soSSP
columns have neither been very numerous nor ot
anv particular Importance. The ACTIVITY OF w
market is undoubtedly slowly moderating UNDER Llg
influence of the high prices for buldlng tndtT
and land as well OF the time OF year Las
snring indeed the activity was maintained pretty
we'll throug hout the whole OF June, out IL can
hardly be expected that such Will be the case out
ing the present year There are the pest OF re I
cons for moderation, and il is notceaoie tndt tiI
large as well as the small spectators nave re1cheu
this conclusion. During the last month the sp eCu
iative corporations have been obviously reuuGILs
tbair purchases The whole market VII! be cert
henedted by a period of concentration. IN tue
mean while the demand continues eXceent lor "oAi
situated property in the business districts .xo
tHThere was the liVeliest kind of olddlng TOT Ine
southeast corner of Fifth-ave and SiNteeilt
which was offered at auction last Iuesday anu tls
nrce at which the property was HnaIiy kIlochoe 90
down so3 900 compares favorably Win tne IeVe1 "
recent sales in the vicinity Inc Union LUZ
corner brought a somewhat higher price put retii
estate ON Fifth-aVe naturally becomes more Nflu
able as the approach to Twenty-third-st Is fnaue-
There car be no doubt that this section IS constant
" gaining as a location for big wholesale houses
ond AZ the present rate of consumption tile Wiole
district between Fourteenth and I"enty-t hru StS.
broadway and SiXth-aVe, vii! pc within d y"
Years improved with big loft buildings me tt
sale trade has Ieman in pretty close touch '.t
with the department stores ana the hotels' anu 50
must slowly surely push It's way uplo"H
Narrower the Fifth-ave. section mas the adNanliSe
IF new buildings containing abundant hoor space
and all the latest ConVenlenceS-