New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-12-17

UNUSUALLY LARGE VOLUME OF BUSINESS TRANS
ACTED IN THE WEEK
Wte5ouse Porter Syndicate Purchase The Brong
Featre-Op"ers Found for Big Parcels Wet Side

porauons bought through H J. Sachs & Co. from
Louls sachs Nos. ana West 22d-st-, five story
from JoseDn ana DavId steiner Nos 10 aTd ~
west zz0-st. I'VE story building On a plot o4AsSg
zaxsss tee Irom r. +. Harpe gs' A2a-S-' Pal Gel
M, FnIpps some months aso created the Phipps
1eAetneAt House LoIluIsSIon Tor me pl,lta-
ing OF MODEL tenement houses In this civ The
commission pegau operations with sto,, Ina ,sat
henry W " May sold NO East Sstast
ase story American basement DWELLING house tor
All &'saay Operating Company sold through
non oro 11oH q 70. 70 the McCormick Consrut
~ ou Soilpany plot, 10lz5 feet the north side
~ 80 shl1al-sts La Teet east Of t5roadWay Tns
lataouses. each with oeptn of IL feet This vii
Pc .hs nfst Quilting operation the Dyekman
ago. 0e-1s VI & year
W Sioes & Kirby sold for $4,000 to Alexander
MOI stx stery apartment house, with stores on
Ie Sa and Broadway Bryan l. Remedy was
nIor - s ne took in part payment. SO co.,
b,s n"t n and Riverside Drive adJoning the
=, Orhees q Floyd sold for Daniel B. Freedman
cantiIe b1laIagg on ny nve story stone front mer
sSo S"f' FFeeofnan bought the parcel few days
Charles F. Noyes & Co. sold for Dan,. p Fraad-
man 10 client No. Lie Maiden Lane, a four story
prick building on lot 2oIIxL-4 feet, adjoining the
SVotheast corner OF Rearl-st.
1ubei III d Gabel sold parcel. 50zloo.5 feet, at
me noFtheast corner OF 5sth-sL and 3d-aye., and
sold the plots to Barnett Hamburger He win
erect seven story nathoUse the site.
a Eogar flt]sIbbon sold for builder Nos S6S
ana seI AlnsteroAm-aEe six story fathousess 50xlo
feet' for Su0.eVp, to Christopher kuhitnau.
Tucker, Speyecs d co. soId TO c44ent Tor G. E.
Coleman No. A West SStn-st., a TOUR story and
basement high stoop brownstone house, ON a lot
z1AssS feet. Also sold nos. ia ana 40 East l6th-
stone houses, a lot 5D6I0z feet
"a: L. d :. ATnst sold the DOCK front on me
west sloe OF SSeoolns-aVe-s between lo1d and Lose
sts with the exception OF a lo-toot gore Ihe size
bought the hve story nathouses Nos. dzS ana
SSo h,ton-aFe on pot 5oxlVO feet and mas sold
fons0 Pueoorellt No ss7 CouTtlandtave frame
oTre sd o house on a lot 26xlosx3oxso feet,
Friedman On AM plot lo0x75 feet at the southwest cor
an elevator apartment house on the site.
Nc re 80 Pex Co sod for Mrs " H Lane
altered and leased for business purposes
gerald Of the McNuy PzEers Real Estate
S0aLiPa any a Tract containing ebogt eight thou
and Bergen Beach. The property has a front
age of about TWO and one-half miles on jamaica
q syndicate which purposes to build a new sub
proemns IN e ns pg9perfy aGaed The in
S4awson & Hobbs sold for H. A. James the Scar
on plot xd feet at fhe soaheas Wit Corner
SSth-st and Amsterdam
THE Real Estate Record and Guide" says In It's
last issue regarding the real estate situation in
part follows:
The real estate transactions during the last week
have been, If anything. even more numerous and
various than during any previous week of the cur
ity remains In the district affected by The Pennsyl-
vania and trolley terminals. this district will
undoubtedly remain in ferment for long time
come Il is different from other speculative dis
tricts because in higher level of values Is
permanently established It will not only have to
be transformed. but reformed: and a process of
reformation from dubousness 70 respecta biIity is
slower process than process of transformation
from one kind Of respectab ilfty to another. Most
Of the recent buying has taken place in 9Th
and in the immediate vicinity Of the terminal
ana the only Improvement yet announced for this
vicinity is the erection of skyscraper on the
southeast corner of S3d-st. and Greeley Square, An
excellent demand for high priced residence property
continues to be indicated, and 1t looks If
neWaI or speculative buying IN the section of
Ing spring. This is likely particularly to be the
case provided the prices Of securities Wall Street
continue on the whole to advance IF they do con-
ttnue to advance the rich man may become as
conspicuous IN New-York IN 1905 he in 1901
and 1902 Another noteworthy incident is the an
nounceTnent of the first building operation in the
Dycknan tract Inasmuch subway trains will
be running TO Rtngsbridge within e few weeks this
announcement Is only natural. and renewal OF
speculative buying In that vicinity viii take place
during the winter and spring. Vacant property in
thls district continues to be the cheapest property
in Manhattan The Bronx considering its accessi-
bility. and 1t offers fair field for exploitation 1t
will probably be improved throughout with the
class or tenenents which prevail in Harlem, and
In the vicinity OF the waterfront arrangements will
OF business. The great obstacle to the early i'm
provement OF the district is the backward condition
OF street opening proceedings other similar IN
but much be accomplished IN
this respect during the summer provided the work
is vigorously prosecuted. The Dyckrnan tract is
entitled to earlier development than are portions
OF The Bronx where improvements are already |
under way.