New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-11-06
THE WEEK IN REALTY.
Building Statistics Shoe Large
Increases IN Number of Plans.

realty statistics show that the number of build
,,s to be built in Manhattan for which plans have
been fled since January L is i16. compared with
SIS FOR the corresponding period last year. The
x,-o,x building statistics show even a greater in
tease Since January 1 plans for LIB buildings
;. no buit there have been filed. as against 635
.o- the similar period last year. The approximate
ooet NJ the llsl Manhattan buildings given
sss go SEQ and for the SIS buildings of last year
see ee. 90 The total cost of The Bronx buildings
CO.. which plans have been fled since January /
as nlaced at Ss.S4S3sa. and Tor the 6S5 buildings
~ last wear at S5.1o7l54.
Quick sales Of vacant land in The Bronx. Fort
washington Heights and the Dyckman sections
scare the leading features last week The pre-
cas,nr week was appropriately named subway
xreek in realty by many brokers' because the OPEN
,,y Of the subway the principal cause OF the
-.oord breaking purchasing movement In vacant
ia N the upper part OF the city. Last week saw
,,-ga numbers OF persons who were among the
<1ros+ buyers taking profit from their opera
,ions The result the resale OF hundreds of
Io+. which had been bought the week before AS
1-oe indicated some weeks ago. the smaller opera
,o-s ard spectators now present IN larger
80 &, the purchasing movement Of the vacant
land than they have been at any time since the
movement first attracted attention
SMALL INVESTORS IN THE BRONX
1. Bronx ia the most alluring field for the small
onerator and he is very prominet in that secuon
following either the lead Of some or the leaders
in the market or planting himself htle loI'h u
-. greatest zone Of activity there in hope OF
getting a little ahead of the purchasing movement
rrho-s g not 4 doubt that make large pronts
in this purchasing movement 1t takes large sums
~ money. The man who pay all cash strikes
tho hetter bargain. And in many cases sellers
demand and will take nothing else.
II g almost n hercuean task TO keep an accurate
ecors Of ALI the vacant land transactions reported
a the last week A we'll known real estate broker
had a irving experience IN attempting TO do so
Ija sent his clerk 10 ask q man VINO was IepOIteo
=, be--e bonebt a large tract In The Bronx at what
sum the property could be obtained 1q q re Just
i-y IN Mr. A You had better see him quietly. for
understand he has received COCO 3lISr t4 G 'i,e
Tropertv" TO Mr.. A the clerk hurried MI. A
saaf5 he had sold the property moment after he
had bought it. The clerk hunted UP the buyer, MI
B. and when he got TO Nj. y. s Once it was la1o
usual series Of 'quick resales' OF one parcel but
there many parcels in the present boom Whlch
have been resOd many times in week.
With such a multiplicity Of sales as reported IN
the last week it is wonder that the mind be-
Comes weary in an EFFORT 10 separate the best deals
in vacant land in the week from the voIunan0us
sale Of mart of the Crane tract in The Bronx, by
the United States Realty and Improvement Com.
pany and the Century Realty Company was one Of
Jointly bought the tract in the previous week Tor
about 100000 The companies sold to the BROAD
Heilman the block bounded by One-hundred and
thirty-eighth and hundred-and thirty ninth SITS,
Cypress and Robbins ayes. comprising thirty-elght
lots TO the Hudson Realty Company. through Henry
Heman. the block bounded by Onechundred-and-
Spress and Robbins ayes, comprising thirry-eight
lots; to Max Fest through Maurice Feinhardt, the
tlot of seventeen lots the west side of Cypress
kve between One-hTndred- and-thirty-eighth and
Tue- hundred -thirtyninth SITS. and 10 Sas II.
dot of twelve lots on the west side of Oppressive
Between One-hundred-and-fortieth and one-hun-
ported that negotiations pending for the pur-
thase Of the remaining parcels forming the tract