New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-10
THE WEEK IN REALTY.
Rene7ced ActiUity in the Fifth-aue.
and Vest End Sections.

There were several busy days IN the real estate
market last week There should have been tust
six, and for the next twelve weeks each day
ought TO be lively large bulk of the
business done should be and is likely TO he IN tba
Fifth-ave. and the West Side sections No fear
exists that Harlem and The Bronx will NOT give
good account Of themselves in that time for
there most OF the speculative builders expac- N a
busy ard 10 confine their operations for the
season. II there any obstacles now In the
way Of perfect realty conditions they are likely
10 be quickly buried and forgotten as the nancy
market in the last week showed many signs OF
Improvement and Of becoming even better with
each week until the end Of the present seaso,
Those real estate brokers. operators and other
persons identified with the market who have had
little business TO occupy their minds for some
months and who have been planning to start for
the country on long vacation at an early date
viii probably have 10 postpone their trips out of
town until late In summer. or else they are likely
be away at the delightfully."- active time
OF this year.
When almost everything Of interest and i'm
portance about existing realty conditions is said
the fact stands out in bold relief that the safest
place in which investor can plant himself
firmly is the FIfth-ave. the West Side section
They have been for many years. and will I'M
doubtedly remain. the realty heart Of this city.
They also the heart of its social life Of its
best apartment hotel life OF it's choicest
dwelling house life and OF its principal choice
business life. Besides. within its borders are most
OF me pT4nClpal cn1fcneS OF the city AS IN the
OF the human body. IL this realty heart is
GlUggsh the lack OF activity Is reflected in every
part OF the realty system. number Of persons
have seemingly been trying TO still the realty
heart OF this city FOR some months. But no one
person 2 syndicate OF persons can do it Well
defined conditions govern its activity The prin-
clpal one OF them IS business prosperity, and the
other supply and demand, integral part OF
business prosperity.
EXCELLENT REALTY OUTLOOK.
The volume OF business transacted in the Fifth
ave and West End sections last week was good.
Il could be better by many degrees The outlook III
these sections is excellent. and that means that
conditions there Ekely 20 be much better in
the future.
Much has been written in the last few months
about the purchasing movement in tenement and
fat houses in Harlem snd The Bronx and Of large
vacant parceis IN those sections. Tint movement
mas attracted widespread attention. as IL should
Bit accompanying almost every report about sales
ana proposed improvements In the sections has
beca a great amount OF unnecessary noise about
unusually nigh prices paid for parcels there. I:ut
the noise about these realty profits WIS yprci,--
ecly greater than tho profits ~ rrantrd
il The mean time t5eTe have been mary ,.. -.
leases made IN the Fffth-avc. stcttou and some.
of the best quick resales OF PROPERTY al a large
uroft 70 the seller in n long time one firm thar
purchased dwelling house the section sod N a
e. DAYS after buying at a prodt OF
ahout 100000. and with this sum bought an
e,1-fnoeut house in Harlem This IS only one Of
aid,,scral almost similar cases The persons who
boushf and sold at loss in the Fifth-evs. or the