New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-21
RTTTLDTNG ACTIVITY A FEATURE
LARGE INCREASE IN COST OF MANHATTAN CON
STRUCTION WORK.
Big Purchasing the oa"dt Tunnel Secf'0H-SeV@
Large Transactions Reported Last Week

part OF the plot chosen by the buyer as site
for its big tunnel station in Broadway ~.
Samuel Mande and Leon Tuchinann pous sho
from John Mclaughlin plot or SIX to's al ny w
southeast corner Of 1Hth-st. and 'th-aNe;
has frontage of 1o0l1 feet in ith-aEe. ana I'o
feet in 111th-st- The parcel Is opposite the site
chosen for the Andrew II. Green memorial arcn
NJ H. Beringer & Co. and G. b. Il. RahuolLln
were the brokers. Mr.. Mandel has 2Iso nousIlS
Morningside Park West. 1t has a frontage OF
1O011 feet in the avenue and 100 feet In 1lSth-
st. Bernard smyth & Sons We're the brokers
and William MCGOWAN the seller.
The Home for Aged and Infirm Hebrews took
title yesterday to No. ITO West 106th-st,. a par
eel 25x1oQ11 feet. from James D. Askln- Inc
expressed consideration was S31,oV0.
Plans were filed for the remodelilng OF the iron
front five story building, Nos. 81 ana 81 PARK
Row, owned by the Jay Gould estate ana lois
occupied newspaper publishing mouse l ill.u
a loft building. with ground floor stores Ne"
floors to be laid. new plumbing ana eieo
trio lighting plant installed, hrepFool eietd
tor shaft built, new staircases erected ana the
facade remodelled The projected improve
rnents are to cost $50. 600 according to the es-
innate of c. Raymond Bossange, the arcnltect.
The Brieu farm of over one hundred acres OF
clear land in the heart OF the Astoria secIion VI
Long Island City was sold to a Manhattan syn
dicate for S1S0OO0 Negotiations for the sale
have been going for several months me
owners are to cut the land UP INTO hulolhs
sites and put it on the market The farm IL
the only one of its size within the boundar1eS OF
old Long Island City. and it had been owned
by the Briell family for d long time
1.-The Real Estate Record and Guide says IN
an article on the real estate situation in part as
follows:
The most noticeable development recently in
the real estate market has been the buying for
improvement in the vicinity of Broadway and
Cortlandt-st. There has also been some very
good buying on some CT the side streets
downtown, and most of his purchasing has
been done by spectators and operators with a
view to improvements. The only other centre
Of pronounced speculative activity continues to
be the district in the vicinity of the Pennsyl-
vania and the trolley terminals. The tunnel
company keep adding to the list of properties
which Il needs for It's station. and 1t is stated
that negotiations under way for the erection
of a department store over its train shed That
some such disposition will be made OF the prop
erty seems inevitable but 1t is probable that
decision in reference TO the matter can be made
yet. Speculative buying continues to be lively
on 1th-ave. and the side streets in that vicinity
and prices steadily advancing. A number
of loft buildings will probably be erected on the
side streets during the coming spring, and the
whole neghborhood Will receive a further boost
as soon as the contracts let for the 7th-ave.-
broadway subway. Old tenements the middle
East and West sides also being sold in large
numbers, and many indications Of activity may
De noted on 9th-aYe., between 18th and 34th
SITS 1t is one Of the most wholesome signs Of
the existing condition of real estate in New
YORK that property streets and avenues
which has been dead for years is again showing
symptoms OF life