New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-02-07

about BIZ the tryfng zines that they had with
walking delegates and other persons In 800 IL
any class OF builders suffered more than another ~
the last year Il was probably those who construct
high class houses as a speculation They not onv
had building plans upset by the tight money mar
ks- ana the troublesor1e times IN the building
trades but the unsettled conditions IN Wall Street
lessened tho number of persons who were hkeiy 70
buy.
The builders OF nathouses found themselves. es-
pecaIly IL the aathouss north Of Fifty-ninth-
ST. in the lire OF overwhelming purchasing
movement due 20 certain degres TO the condl-
tons OF the trade and higher cost or living ior
most persons living IN the tenement house section
IN the lower Side II is true that they had 10
wait several months before there was n good mar
Ike. Tor their bufldinzs but then they able 20
get almost thu asking prices without much din
Guilty These fortunate nathouse builders should
be active now IN large numbers in the market II
Is cncult account for their absence unless th~F
ere afraid Of more wholesale strikes on buildings
the coming year As the speculative builders OF
high class dwelling houses have more 20 lose Z
they encounter troublesome trades conditions. IL
may be fairly assumed that there Will he Re"
building strikes IN the present year. as u Is Ia
the Ffftb-avA section that the builders are likely
20 he most active with the exception OF the lower
broadway District and the Harlem and The Bronx
sections.
last week John T Farley. well known builder.
bought two large parcels. forming part OF the old
Catholic
rarces was q plot 70 by 10 feet on the south siSe
OF Fifty-second-st. 20 feet east OF Aiadison-ave.
The other was plot 50 by 1908 feet, on the north
side OF Fiftieth-st 70 feet west OF Park-aye. Mr..
Farley intends 20 improve these sites with high
class dwelling houses which he viii offer FOR sale.
IMPORTANT REALTY DEALS.
TIE last week showed marked decrease In large
transactions probably only sign OF temporary
falling OH In big operations. but stu It is likely 10
lead some people to think that the market is dull
again. It is far frcm being dull. and IL any
thalzs that excellent volume OF business has not
been transacted since January ! all doubt on this
subject should be quickly dispeIled by examina-
ton OF tie deals reported closed since the begin
ring OF the year. 1t wiz also be seen from such
examination that many. II not most. OF the best
deals pertain 10 the Improvement Of the glfth-ave
section
Here rome OF the transactions which have
been reported since the new year: William H Boil
ton sold through Francis B. Robert the five story
American basement dwelling house No. East
Eghty-seventh-st. lot - by 100 feet, to Lewis
yacht club. for about 10000 This is one of the
essee 81 81 bn US Fer "a t ms Sy FOR aas ana aa
ar The house faces the marble house. with gar
corner OF Eighty-seventh-st and Fifth-aye. The
feature OF the house Is The second story. which
he conservatOry TO be used Tor large entertain.
represen proart2 yee5 5he afeii t 9est
the sale OF the ola Guard armory property, at the
~ Albert Flake through John y. GoiSiag. to the
Century Really Company. Stin another big deal
was The sale by LalOr * Beringer for Jeremiah c.
lyons. 10 Levi G Nelr president OF the Adams
ICES company, or The twelve story nreproof
buildings Nos. AZ ana z.3 Broadway and No sss
tsfoome-st- This is L SHAPED plot. with a
frontage OF % feet IN Broadway. Of x feet in
oiOoEne-sI and a depth OF Us feet Since the
ysslnIIlng o. the year there have been signs that
the block front on the south side OF Thirty-ninth-
81 between Fifth and Madison ayes. will Undergo
marked Improvement for the batter this spring.
5'eroert A sherman recently sold for Charles NJ.
lam acting for Anna p. BURGESS, no. 4 East
INST. the Willis Stable property, 10
FREDERICK keDpel & Co. etchings and engravings,
TOT $4,000 A studio building IS 10 be erected on the
s' ee SIZE OF which Is by $50 feet. The prem
-. 80 s aoJOH the property owned by IL Hutchins,
VIC lhtencs 20 Improve his plot in The future.
lie property bought by Keppel q Co. sold at
e1IAon N lSJ9 Tor $4,000 The Charles +. NoyeS
company also sold recently for the Westchester
80 t.--1IaD.e company TO William Min, for Al
1an NO - " all-st 80 by 100 feet. between VIII
IAN and Pearl SITS The same brokers for Mr.. Min
4e.hee ne Dli-oing TO the company selling.
ItC.s-t4g one or The best transactions since Jano-
Sy = was tie leasing OF the premises Nos go and
. nlItl-AEe together with stable plot adjoining
70 henry Corn. An eleven story mercantile build
g Is 10 be erected on that plot az cost or syoVV
The total value OF the land snd building Will DC
ABOUT S-ov1a1 An interesting and unique huilo,hs
operation which is now under way is the remodel
ling OF the Madison Avenue Hotel INTO an once
building for the exclusive use OF E1ed.ca. men py
the J. g Lyons Building and CONSTRUCTION CotIl-
aro FOR $3.50 600. A deal involving an outlay OF
10000 the sale Of seventeen single natnoases.
each a lot &x1o0 feet. comprising the DOCK tiont
the north side % one ~
Froehiich ard fsidor Cohen fer the Equitable Like
Assurance Society 10 en- investor. AnotSer LA-
southwsst corner OF l-fghty-nrst-st- and Broadway