New-York tribune., 1902-06-15

rrnzpect Of the section has become considerably
better There is no greater demand apparently
for stores in the district but there is likely TO be
good increase of such demands in the near future
This demand will arise, It Is thought, from the
union Of the Sxth-ave surface line with the troll
ley lires using the New-Jersey and New-Hork tuf-
mel route between this city and Jersey. BY the
building Of this tunnel new life is also eN-
,ec-es m he infused into Greenwich Village In
view Of these opinions, which seem 10 be held by
large number OF persons interested in real estate
affairs e fair price square foot Tor SlAlh-aFe-
parcels I'd TO EIeverth-st. would now seem 10 be
SIS. and even $50 might not ne colsldtrec {"
high figure.
Just beyond Eieventh-st. the price a square foot
scars 10 great heights. Although a short Instance
south Of the Eleventh-st- corners parcels nave
been sold in the last ten years at an average OF
Ss a square foot the records show that No lol
sixtb-axe 2 four story brick tenement house,
with stores at the northwest corner of Eleventh
St o 3x6o feet was transferred by Cornelius v
Sdel 10 William Scott Chrehugh in January, 1851
for SO go or about $40 a square foot This hgure
may now be taken safe guide in trying 10
reach z true valuation of PR perties In the bockS
between Eleventh and Thirteenth sts Beginning
at Tyhirteenth-st and running north Tor many
blocks q new standard Of valuations. and one OF
The records show that April ;. 1890, title to
No 42S sixth-ave. four story prick ,a seo,r 90 20
feet south Of Twenty-sixth-st.. was transferred
man ~ for 500 The size OF the parcel was 198z7o
feef and the purchase price about $27 square
foot On June IS. 1880 title one-eighth interest
III No 5Ss Sxth-ave at the northeast corner OF
Thirty-hfth-st.. was transferred by Franklin M.
Rleenan FOR s1os69 three story frame and
was "A SxioO feet Thus M McAleenan paid about
SIS a square foot for one-eighth interest IN the
isorth Of No 5ss Brought only so a square foot
The parcel in question was No oIo 10 ~ Sill Sill
nne = 9 fst Zoo & Iee ~ r. Ie true idea
n real Ines sci he
qrently said. by comparing prices paid Tor corner
Comparisons are usually interesting. Title TO No.
6ts 10 CD Sixth-age transferred by Nilllaln
David W. Bishop obtained title TO No. Si2 to s4S
s,xth-aye and No West toTty-seveHtnTsd ,a u,
oDonneli bought No 70 West Forty-seventh-st,
% sans sRnoe Tss sS @ out e Wss St sqSsTs foo
At partition sale OF No. l.277 Broadway. IA
800 ssi.soo was realized. The buyer. Francis V.
McDonald. paid about S5S a square foot for the
also sold. for s2555s or about So square foot;
sase 6r a66p f66 aPSqt sci Is foo and No
ooE. 1s EsiHfhave, almost III the centre Of the dry
One Of The n95s aporfan1 rf E sales Of last Week
WIS No 81 FIfth-ave-. four story building, al
I was sold BY HOFsce s Ely Co for Charles
The Real Estate Record and Guide" of June "A,
"a an article on the real estate situation, says In
1T is not only friends OF Columbia College who
t NlI Te3olce that the South Field. between One
{eenth SITS. Broadway and Amsterdau1-ave.. has
rTeen acquired In the interest that institution.
I.ssty one who is interested in the Improvement
=. b; l1e appearance Of Manhattan win be glad that
;nE es aIse parcel OF land has been saved from be
- ooEeIsa oy speculative apartments, and that
eAe architects Of the college will eveptua y have
glnance 70 enlarge the group of carefully planned
oallaIngs which has already been started In a
Ay,short MY short tine Il would have been too late
tot heights viii be section OF the city
G ~ VII be irnrnse.etely and profoundly affected
sgss shs y subway W. Within couple years its small
houses and there would be no lonper 80 cbs-ce
~ ap institution ike Columbia College to acquire
, As II is South Field added 10 the nresent area
py CoInrnoe and Barnard will helm very
stilal.y 70 give the whole hill the
Hi VII be GstnessSnsd sa esSgnsd 70 have Morningside
u AaAnhattan. both by its eonspic,5ou nen Rpia