New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-24

Prise Ps, 3 y :sis
Ysar -, again
i iss 4.s sSys Is szIoo about $4,000 $4,000
i Is q. sSs shsys p sTi9S $sS S @ &c,
1874. Southwest corner q ssth-st- and 5th-
1895. .. Southwest corner OF s9th-st. and 5th-
ave. 4s5xloo. $4,000. Il. OOO.Ooo
some years ago tIAst week
BIG TRANSACTIONS OF WEEK
Other big transactions OF the week. .bestdes the
sale OF the Black. Starr & Frost Building, by Ar
chibald D. Russell and Percy r. Pyne. were the
sale Of a parcel at the northeast corner OF Ex-
change Place and Newest. by John n. Goiding. for
William F. Havemeyer. TO the Commercial Cabs
Building Company; the purchase Of No. z East
Henry d. winans s May; the sale Of the Jefferson
through Charles h Schuyler & Co. 70 Isaac H.
Clothier. who gave IN part payment uptown vacant
Of Philadelphia from Boehm & Coon through Leo
pold Well. OF Nos. 50 and s. Maiden Lane twelve
f fss ONCE building on plot Of about 1000 square
REALTY PAPERS OPINION.
The Real Estate Record and Guide says in part
IN its last issue regarding the real situation:
In spite OF the fact that the total number OF
sales announced in the last week a good deal
ing week last year, the market gives the impress
sion Of being a waiting one Among the sales
were "a OF vacant property, aggregattng l02 lots.
against II OF vacant property, aggregatng IS lots
a subsfanttaI fDcr1ass b5f tie i-crs,Se is not 80
much as is warranted By the circumstances. and il
the weeks pass without any dangerous
labor troubles "A good deal OF additional activity
may be anticipated in this branch Of the market
There be doubt that the movement is
actually beginning, which viii end in Washing
ton Heights boom. Some seven different improve
ments already under way in that sectiOn--tho
fOrerunneTS Of a host From the points OF view
both OF the Heights and the West Side. the killing
Of the seven-stOry semi-fireprOOf apartment house
bill In the Senate was extremely unfortunate: but.
the other hand. there is little vacant prop
erty the Heights. situated a steep grade
which will be benefited By the bill that did pass.
permitting the level from which the number %
highest point Of the curb level
An encouraging sign is the increasing activity "a
private dwellings. some eight nine more OF
them being sold in the last week than IN the cor
responding week last year. Among them are sew
eral comparatively expensive houses.
Der Of important sales being scheduled for the near
future Among them may be mentioned that OF a
hotel Sherman Square. interesting selection
along the line OF the Subway. acquired for ease
ment purposes. and the valuable Kemp estate hold
ings near Fifth-ave- and Fiftieth-st This last -
particularly important. for the disposition OF this
property will determine TO large extent the fate
OF that part OF the avenue
As for the values. let one be bold enough %
predict The sale OF the Black. Starr & FROST
Building. at Thlrty-ninth-sS. and Fifth-ave for a
price OF about 81 00000 seems Incredible. but this
side lots on the same block have sold high
$3.50 600 while $4,000 has actually been offered for
the other corner. Hence. the building Just sold
stood two lots, value Of $4,000 for the prop
erty, without the building. might have been paid
But $40 square foot for $500 square feet an
poses throughout more than mile OF its length. Is
unprecedented