New-York tribune., 1903-04-05
THE WEEK IN REALTY
Possible improvement Of Upper
Park ROr.

norts of an increased demand for properties nave
been received in the last few months sooo
volume of business IN parcels of far size "dS
noticeable.
Some speculative purchases were made near uie
nronosed terminal station of the Cortlandt-st
tunnel but the number of these transactions was
not large enough to attract widespread at,ehllon-
{ r Rogers sold for John Love No A2 fui-
ton-st between Church and Greenwich sts- on
lot 25x77 feet. Another sale near this 'oiiii'
site was that of a five-story building on a ioI
q 12x77.n feet at the northeast corner OF DeS
and Church SITS. According 10 a report the DuSei
of the latter parcel is the Subway Realty company.
but this report has not been confirmed ColoheI
Iobn Jacob Astor was the owner of the property
For many years few improvements nave oeeh
made in upper Park Row. Realty reports Oh ldat
week however, show that a movement WIN"
will result in a change in the architectural hneS
of the street is near hand Whether or not Ois
Office buildings in the section of the street IN
question will pay is problematlcal- II there AAu
been a fair demand for such buildings 'here
snecuIative builders would undoubtedly have heard
bout it long ago. and would have taken steps
to satisfy it. Besides. the street here has not
seemed suitable high office buildings III II
narrow and crooked, is bordered on the east
and west by many ramshackle buildings. and most
of the stores of the buildings are dark noW' even
on bright days. account of the elevated struct-
ure
Yet greater unattractiveness than Is to De 1ound
in upper Park Row has not created terror among
the speculative builders and buyers, WHO "ouiu
soon enter the street if they thought II oIereo
fair field to make money. The immediate future
of the district will depend, it is thought on the
carrying out of Mayor Lows plan TO erect d
municipal building and terminal on the tr1ahsleS
north of the Manhattan terminus of the BROOK
lyn Bridge and the success or Jonh H. 0PeA-
mans building project.
MR.. sPELLMAN'S BUILDING PLAN.
plans are being drawn for Mr.. Spelman for
a store and office building on the premises No
100 TO 113 Park Row and No. TO . New Chamoers-
St John H Speman has occupied the premises
for many years He is the owner of the property
the size of which is 51x77 feet with an inside line
of 63 feet If the proposed building Is erected
he will Use the store for his business 1t IS sara
that the plans call for fifteen story building TO
cost about $1.c0OOO. If this building Is built II
will be the first office skyscraper in PARK lto"
north of the Brooklyn Bridge
The House of Many Wills" or THE House OF
the RecIuse of Union square is soon TO be re-
placed by ten story loft building. The property
is No 90 Union Square. a four story and base
ment dwelling house a lot 26xl25 feet IL was
sold last week together with No 104 East Six
teenth-st two story stable. lot 25x1O33 feet,
which forms l. with it. by Justice P Henry
Dugro to George H. PiguerOn. who. as announced
yesterday. will erect loft building on the
combined sites Justice DugrO bought the prop
erty from the Richard Tighe estate last June.
The house got it's peculiar titles from the fact
that Richard Tighe, an eccentric recluse. and MS
Wife amost od5 qs as hg sd aden n the h@ w
Caroline Chesebrough. The couple were married
bridegroom was six years younger They had no
children, Few servants were kept for so big
house and the daily life of the household was so
frugal to border close upon miserliness Iishe
wagS dref5fd k9 Po95 was the sale
by Maclay & Davies and Lalor & Bernger. for j:
stores. the northeast corner of Eighty second
81 and Park-aye to A6Taham M GIn0itn vedI The
SON druggist. alleged some months ago. when
ppoperi4 heated. and that ne had suffered from
the cold The controversy about the tempe temperature ,
out the payment of money
THE CENTRAL FIFTH-AvE. SECTION.
Business was excellent in and near the central
Fifth-ave. section. Frederick G. Bourne. presi-
dent of the Singer Manufacturing Company,
bought from Henry G. Trevor and George r.
Schieffelin a plot 7Ox1Oo5 feet on the south side
of Fffty-second-st.. 30 feet east of MadisOn-ave.
Mr. Bourne will build the plot dwelling house
for his occupancy. John n. Goldng was the
broker
Simmons sold five story American basement
dwelling house on a lot 22x1O0.5 feet. the north
side of Fifty -frst-st just of Madison-ave. TO
Donald B. Toucey for s12ooo. jeremiah G Lyons
a four story stone front dwelling house. lot
renee renee F. Brown Pease & ElIiman sold No. s.
West Forty-ninth-st columbia College leasehod).
by silas Furnan. He bought from I'll the Tucker
the southeast corner OF F1fty-nrSt-St-.
four story building fronting - feet in the street
and 1905 feet In the avenue The Pursell Manu-
featuring Company has occupied the premises for
twenty years.
which was held Tuesday, attracted considerable
attention. The property is two old four story
brick tenement houses and stores near the site
chosen for of the principal entrances to the
Pennsylvania tunnel terminal at Thirty-thrd-st
and Seventh-ave The property brought s1S0,C00
1t is said that the parcel could hardly have
brought $4,000 two or three years ago.
BUILDINGS PLANNED THIS YEAR.
Plans for forty new buildings in Manhattan and
The Bronx were filed last week. against thirty
for the week ended April 4. 1902 The total of
the forty buildings is given S20i5 go and for
the thirty 81 927775 For Manhattan and The
Bronx from January 10 April 4. the total number
OF now Buildings projected A. as against 42S
for corresponding period of last year. While the
number buildings projected in the first quar-
ter OF this year greater than last. the estimated
cost of the 452 buildings is $40 4S0 $50 against
| Sl go. GA for the 426 buildings
The building statistics also show that the eSti-
mated of alterations to buildings in Manhat-
| tan and The Bronx planned from January TO date
was S.1u.l6i and for alterations to buildings in
/ the same boroughs planned for the corresponding
period last year was s. 23 S9i Thus, the total sum
! which 1t was decided from January To date To
| spend IN building altering buildings in Man
| haitian ana The Bronx s22.J4i4is. against
2-is'o,oSs LOT the same period last year The de-
crease OF y iofuS' in the nrst quarter ot this year
] as against last while it Is loss OF about 10 per
cent, Will u Is thought create no uneasness. The
sum "hch II was decided 10 spend In buildings and
IN alterations IN the quarter OF the would
Iepfesssnl the cost of building about twenty-five
ohe-ihlhioh-dollar hotels. a mon-doar building
| PROJECT furnishes work for hundreds of men and
! rLI L.. fhs