New-York tribune., 1905-08-13
OLD-LAW HOUSES In DEMAND
TRADfNG IN SUCH STRUCTURES EXPECTED TO RE
A FEATURE OF FALL SEASON
Vigorous Land Purchasing Increment Borough of oueenot
for Suburban Property in NeoJersey Inprozfnp

-,lative purchases Of old-law tenement houses
= 1<slv TO be one OF the leading features Of the
,-r fau season. Conditions are suitable for an
s,7ellv extensive buying movement in that type
= Sril5tne Then the demand for property in the
-ss,gh of Queens is likely 10 be much greater In
-. s,u than now, and all signs indicate an ex
-, market for property in New-Jersey within
-.ssonable distance OF the Jersey terminals OF
= l~o-.lsndt and Morton SITS. tunnels
% s,.s not require much effort 10 learn why the
o,s-lsw tenement houses OF Manhattan and The
z-,-x ere popular, and are likely TO become
- nopulsr this fall II is because the income
s.aved from the majority OF them is as attractive
- ,sst obtained from investments in new-law ten
=, houses The feature OF every summer realty,
-sor is usually trading in tenement houses ana
-. season the volume OF sales ot tenement houses
!. also s leading feature OF the market Examine
=, hnsiness transacted last week and Il win he
..slv seen that the greater number of deals af
s.c,Ad tenement houses OF the old type The bust
ss done IN the last week also shows that the most
,,nortant land purchasing movement is not in
Vsnbsttan or The Bronx. but in Queens, where
-ssltv prices are advancing rapidly.
Many causes have been given for the present
bsr and buying movement in Queens. II mas been
ga that the principal cause is the building OF the
rs,rs,lrania tunnels, which are expected not only
:, lesser the time IN travelling between Manhat-
-.r and Jamaica. but 10 lead many thousands Of
s,nls 70 make their homes !n the suburban towns
n
,.,s, $; ard the Morton-st tunnels-win also IL
!. -hcrrbt result n many more people becoming
ss3ssnts of suburban places in New-Jersey. A
5sssnread belief that the McAdoo tunnels will
b-irc about such results is the reason that the
se.,snd for New-Jersey property is increasing at
, uvelv rate and by the fan this demand viii he
--rch r-sster Il Is thought. than now.
on. a the principal Manhattan trausactions re-
.,-.s5 last week was the purchase by William
1,,.,hsi-a from ". J. joyce of fhc Washington
60. six story apartment house. Nos. s., ST
- 6 West Washington Square. The structure
,,r,ss g ulot 66xl0o feet, and Is one Of the most
-.oss-5 APARTMENT houses il the Washington
Square section
z,.rs ,ns tbs C-7-ikshank Company for Charles
6 Dr.,,-3cs n The eight story and basement fire.
-, ,tore and loft building at No East 22d-st.
sz,oc seet The buyer IS the Facinc Realty COM
-, zrr,cb viii extensively improve the oullolns-
CIV wltthsus boughc No Is East 2gd-st, tir1li-
-. nu1sipg through N. & L. Hess last week.
-. I--i7pe Realty Company bought the GARFIELD.
,-o-T snar-rnent house. Nos sSs and $40 west
-. IN 3 plot 5nx7005 feet It gave in part
.o-,sn. plot 9sllx15O feet at the northwest COZ
5sr of lzst-st and Broadway repoGteS e.rsefa sSsI
day Max Marx was the seLeE OF 'He ga
A Berwin s. Co. sold Tor the hSa-ts - y 90 Tas+
,s-Is+ Eve old dwelling houses. The plot mas q
srontaee Of about 80 feet and oepth OF aoou' ~"
The Cohen Realty COMPANY SOLO a. ioT a,,s Hao[y a1ry
shWitzer Nos 2255 and 2257 7th-ave TWO n'e So So
5olTbIe ssfhouses with stores. Each house Is on d
% Peter Axelrod sold for John 2 Bolton 70 the
R-onx ard Westchester Realty ana ConsF FucL0I .o1i
Company the block bounded by lslst anu 4,91 ~
streets Dag apd 2 yySs fTeS by sssI5s = is5 feef ' ~
Arthur NIundorf bought from Sol Simon tne ne 7z+
more q SIX Story apartment house, no -uo "eS'
Tse Esilton Eaight Syndicate fled plans in the
vefk fo- Eve six story brick dathouses. 4xos IeeI
esrb 70 e erected on the east side OF Sd-ave from
re re -Sfsi ~ cost Of the houses viii be s235ooo
me Columbia Board OF Brokers. Peter <A2eIrod,
-rs~eser and the LowensJein Company sold q piot
OF forty-tvvo lots 81 EceIWalo % llo
49, Nev-To~k Construction Company. The plot
win De improved by the erection or Two laInAy
= w ~ Nscbois OF the Leonard Mood Real Es-
,sre Company. sold for the Prudertla- heal Es-
,s+e ConDarv the White farm. o4 tWenty-sG acres,
Wing between East 9Th and East o5tn SIS, ave-
rue I and Old MIL Road: Brooklyn, 70 an n
vesro- The seller bought The property, X Is sa-o'
Ter wears 90 for about $4,000
Fre6erick a Phelps. who represents a Belmont
CIV Tor $50 0oo The property has frontage OF 40
on Bsvoise-ave. 90 feet on the north slde
a Thoulson-ave and $50 feet on Van Dan-st II
iskes Up entire city block, with the exception
Dow 5 Lott Of Woodhaven, sold 10 Edward R.
Voluer % lous IN the section OF " ooohaNen close
70 the Brooklyn line The purchase prlce " sslo
70 be about Slel G10 The tract IS 10 De developed
Timothy and Albert L Perry sold 10 the Granger
Resl Estate Company for $4,000 tract o. sixteen
adjoining New Calvary Cemetery IN olo New
son-aze. and IS 10 be developed. It Wac part OF
he es-sie OF Elizabeth W Kelly;
TEs--y-fve lots Nassau Heights. n the town
q NsEIown were sold by samuel w. Lhackery
elt rs wife Louise de Marcelus Thackery Of
k55sy Wood, Kent England, 10 Cornelius Burke
for E99e