New-York tribune., 1905-11-26

the time being the outlook for widespread activity
in the rea! estate market this season has sud
denly changed 1t is not good. Up to
few weeks ago the mortgage tax seemed to be the
only thing that would result in operators pros
pective buyers abandoning some of their plans
The mortgage tax measure, however. has never
been considered insurmountable obstacle in the
way of realty progress by realty leaders whose
opinions are worth anything. The has been
and is looked upon unjust burden for the
market carry. and therefore burden that
should be removed from the market as soon as
possible in order that the attractiveness Of the
real estate field might be perfect
general tie-up Of buildings under construction
would mean startling decrease in realty activity.
The losses suffered by operators and builders from
building strikes in 1903 and 1904 have not been Tor
gotten. The big and small operators and builders
fear present differences in the building trades
may not be quickly and amicably settled. and bad
realty days. similar to those Of the not distant
past may be here again socn. AS yet this appre-
hension over the building trades disputes is not
noticeable in the volume Of business being trans
acted But unless the danger OF general strikes
on buildings is speedily removed the real estate
market will be weak and uninvittng IN nearly
every line.
one of the principal transactions last week was
the purchase bv the Fleischmapn Realty and Con-
struction Company. through L J. Phillips q Co,
of f2l lots comprising two entire blocks bounded
by 144th to 146h ST. 7th to Sth I've, owned by the
Manhattan Elevated Railroad Company
and builders in the section of Harlem Of which
the two blocks form part, having handled elehIy-
six apartment houses within seven BLOCKS OF TINS
property IN the last two years.
The two blocks have been used for railroad pur-
poses, and have retarded the improvement OF the
section on the best lines. AS the blocks are to
be Immediately improved, the neighborhood shoUia
be greatly benefited especially 145th-st. whlch Is
100 feet wide. with trolley line in orerauon'
subway station at Lsnox-ave. and another at
ola he
stations at Sth-ave
The bridge at Lenox-ave-. just opened for traffic,
brings this property in direct touch with fhe hea't
of The Bronx
many Mot 75x9011 feet on the north side Of llVth-
ST 100 feet west of Broadway. A nine story ele-
vator apartment house will be huilt on the site
Jesse c Bennett & Co sold for the Daniel NJ
Edgar estate to Custavus I. Lawrence q plot 1V2zx
1883 feet at the southeast corner of S1th-st. ana
broadway It has been owned by the Edgar family
for about seventy-ive years
Teon,ld Well sold for the City Real Estate Com
pany, which held the property in trust for Wliaa
A. Marburg, of Baltimore; John B. Mcdonald ana
ex-Corporation Counsel John Whalen, to the Five
Boroughs Realty Company, a tract OF ninety-h!e
acres all of which is high and dry land, with the
exception of fifteen OF twenty acres OF 10" 4dlo'
which has been filed in
The propertv runs along the Pelham Parkway
from the East Chester Road to the New-4orK'
New-Haven and Hartford Railroad CROSSING as
one of the finest parcels in The Bronx II Is Itnost
directly opposite the Morris Park racetracK' ana
near it are the Astors' holdings
Max Marx bought from the Bussing estate three
blocks bounded by 230th and 2S3d SIS anu pF 1nI
and I'd aves. Wakefield
The Fort George Syndicate sold to John c. Rod
gers a plot of 135 lots, fronting in Farvfew ana
Wadsworth aves., Broadway Terrace and l96th-st'
The FaIe estate tract, of about 1000 lots, at
Hunts Point was reported to have been sold for
S, 100000
Palen. Tully e. Hoppock sold to client eight
lots at the southeast corner of oppressive ana
Is3d-st 1O0x2O0 feet. They also sold to the Pine
Street Realty Company eight lots 2ooxS6 feet on
the west side of Walton-ave., 6S feet south OF
lsSd-st Also sold for Samuel Micelson to Recking
& Vallender Nos. 1O5 and 107 West 1ath-st., two
six story fathouses, 376xSSx99.u feet each
Sydney S. Cohen sold for the Northwestern
Realty Company to Samuel Goldstein the seven six
story apartment houses, each 4ox1O0 feet, being
built the north side Of 138thst 25 feet feet sast I G Of
w s Patten sold Nos. 1$4 and 1856 West 32d,st.,
opposite Oi fhe site Selected for terminal the
6th-ave spur of the old Morton-st. tunnel o
Meyer e19lt to Client Nos las and 147 west sothst
ON o thTe pes s25 2 sPa Pee brick
M L Hess sold @ for Josephine y y. oS hnsoP mesier G:
No "a West 2st-st 25xS2 feet each, to Adoph H3ch-
i7th1st an eight story and basement building to
Ida HqneS Hb5nS y Ehq y6 som m s55 Tas ia
the deal Also sold for Francis E. Woodbury. No:
SsxsS feet to a person who viii erect on the site
fen story loft building Also sold for Annie M;
McLanahan No 33 West 20th-st., four story ana
basement building, 25xs2 feet ,. e 17
The Eastman Kodak Company bought from Ben
S0xs8s feet and from Minna 6. Lowepsten No: a SSa
West 23d-st, three story dWeiaag nolI eigh sfoTy
bmiding TO be used exclusively for it's BUSINESS ,,
Horace s. Ely g. Co. sold for w w q Z f:+h H,
to client stoTS for eean basement dwelling house
Regis.l D'0' -. r.....-on ,T law bought No.
1e2 Nillam-st. five story business strucIure TIL g1
lot 2411x64 10 feet. from DaDid M SaIflueis iH7
pTT Tba heN1 Kip's Bay Realty Company bought from
Samuel Mcmillan two seven story apartSatt 1I0S
and several old buildings occupying piot d dbo 7b
feet at the southwest corner of 54th-st ana IN
ave Frank Foehrenbach. jr. was the oFpaei Ore min
roeentritt No 60 Cortlandt-s four story build
ihs sndreW drew j Cobe, president of the Corporation
Tract fronting in upper Broadway ana 1e iI
to the ship canal at Kngsbridge sofd na
fbe tract. which comprises more than three nun nun
dred lots into an amusement park has peeh aoa1i-
Rnians & whiting Company sold for the estate
of Frederick Reimsoth the two nVe story Naess19
t0S The r I structures adoin the Morton Buiding &
Thomas Healey. the well known eS,dni six
er sold through Calder s No xS 6e tn 4s west ii5th
81 sRs7 7sxi0Gu feet The buyer gave IN part
ae@sion @ ti'Si' y Rauno bought No Sc New-Chambers5
ST. three story briok 9 HhbaI epadIn GR Fttoh p0'
AT; TSs McVckar Gaillard Realty Company SOLO LOT
Alexander Christadors ana otneF tS " oEggb m
hesa1narT broWnstone house. on a lot lZx9S9 [eet
The old Tiffany Buildng at the soatRWeSf h, e9r hy
ne me- Moss Realty Company. The parcel IS owne6 N49
bV the Van Beuren estate and the oesi ed.eelag @
me goPsai1 hv Tiffary & Co. to the Moss Realty