The Washington times., 1906-12-23
UNIVERSITY DEAL
FEATURE OF WEEK
F. H. Smith Co. Handles
Close to Million of Prop
erty in Month.
BUSY TIME FOR BROKERS
Cosmos Club Buys Land for $4,000
Adjoining Its Present
Property.

With Christmas at hand ana the realty
brokers generally well engaged in max
ing preparations for the holiday sea
son, il was not expected JHac the busi-
ness OF the past week would make more
than "A fair average. 1t has, therefore,
been "a matter OF pleasant surprise IN
summing up the various reported deals
that the total makes very respectable
showing with one deal OF unusual inn
portance.
The feature of the week was the op-
tion taken on the property OF the George
Washington University. at the corner Of
Fifteenth and IL streets. which was first
reported in The Times. The deal rep
resented over $500 900 and a valuation Of
so per foot. the highest price yet mem
toned Tor ground in this new business
section The option was secured by The
i. II. Smith Company. which has JUS
completed a deal for the Home Life
building. on the corner below. on Fiji
teenth street. Together they make close
10 a million dollars in property handled
within one month.
Louisiana Avenue Sale.
Early in the week the sale OF the
property in the commission house dis
trict. at $50 Louisiana avenue. which
WAS bought by Frank Z. Burke from
George p Sacks, is the fourth large
deal to be made IN that locality within
a week. The property. which fronts
twenty feet on Louisiana avenue and
contains 1928 square feet OF ground
improved by a three-story prick store.
brought about SIS per foot which is
practically the highest price paid In that
locality. The deal was made through
The Office of David Moore.
Thomas r. RiIey's Deal.
In the residence section Thomas r
Riley. the well-knOwn lumber dealer,
bought the large three-storS5 brick resi-
dence at 100 r street northwest through
The Office of Stone x Fairfax. for $l5.0OJ
The same firm also sold 1850 Mintwo0d
place, one Of the two new houses re-
Gently completed by Architect George A.
Cooper. 10 resident who will make IL
his home. The consideration stated was
Sl0500.
Cosmos Club Plans Addition.
In the purchase of the house at -
Madison place, Immediately adjoining its
present holdings. the Cosmos Club was
enabled to make a valuable addition IL
ITS clubhouse. The consideration Civ
en- was S33 600. This Is ar the rate Of
about SO per foot The deal was made
through the office Of Westcott * Story.
Moore * HiH report several sales,
among them being 1922 Biltmore street
TO August +. 'Eberly, and 2lSS Columbia
road TO Robert a Simpson. These
houses are TWO OF "a group of six large
residences recently built by Harry
WaTdman in this neighborhood. They
are in the Colonial style. built OF Flem-
isl
some appearance. The price named
was about $1,000 each.
Mr. LOthrop's K Street House.
The large oId-fashioned four-story
brick house, 1901 X street northwest.
was bought by Alvin NJ. Lothrop for a
consideration of $4,000. The house has
a wide frontage with "a deep lot on Thir-
teenth street and Immediately adioius
The residence owned by him for many
years and occupied as his city home.
At one time this house was considered
one OF the fine residences OF the city.
It's beautiful location. racing Franklin
Park. still makes it a valuable piece of
property.
Numerous sales of small pieces are re-
ported through various brokers and
there also seems to have been a good
show Of interest eVlnCed i'm susan
properties, as IL is reported that i'm the
Saul tract at least six OF the pretty
houses now building there have already
been sold.
Taking one consideration with another.
everything would indicate that the
realty brokers and their clients aI
have Merry Christmas. as the ear
has been one or remarkable prosperity
The prospects also all point to a con
tlnuatlon with the coming of 1907.
Crynf- r-u-r vrnrrC