Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-06-30
REAL ESTATE GOSSIP
Review of Leading TranSac-,
tons of the Week.
NO CESSATION OF ACTIVITY
Tendency Toward Suburban Scenes
and Pleasures.
BUILDING IN CITY AND COUNTRY
Features of Local Business Situation
Investments in Realty-Some
New Subdivisions.
NO CESSATION OF ACTIVITY
BUILDING IN CITY AND COUNTRY

A review of real estate transactions of the
week reveals~an amount of activity and III
terest that leaves no place for complaints of
summer dullness In this important avenue of
business life. With the coming Of spring
the thoughts and interest of city folk nat
urally turn to suburban scenes ard pleas
ures. and as summer advances country al
lurements and country possibilities In the
way of suburban real estate investments
for the business man become matters of Sc
rious and every day contemplation.
1t is natural al this season that the great
est activity should be evident in the field of
suburban subdivision and country home
building, and the home buyers are playing
an important part in keeping the real estate
market active during ordinarily quiet
months, In connection with the recent dis
cussions in The Star of the great wave of
development that Is rendering more at
tractive each year all that broad expanse
OF territory north and northwest of the city
from and including Takoma Park and
Brightwood neighborhood on the east TO the
District line northwest of Georgetown on
the west. It is interesting to note the con-
tinued activity in new subdivisions. This
means renewed efforts to effect sales of lots
to individuals who build homes for them
selves on the one hand or the construction
of houses to be sold by the promoters of
subdivisions.
New Subdivisions.
Weaver Bros. early this week effected
sale for the estate of the late Thomas E.
waggaman of six acres OF land at the
northwest end of Cleveland Park, three
squares north OF the, National Cathedral
School and fronting on Wisconsin avenue
The tract will be known as the Weaver and
Voorhees, subdivision. The price was $500
no ma hG
local syndicate.
The ground is bounded on the east by the
Green estate, on the west by Friendship,
on the north by the subdivision of the Rich
mond syndicate and on the south by Cleve-
land Park Lying just to the southeast of
the tract is Red Top the old home of
former President Grover Cleveland.
The property is already improved. The
lots will average about 5Ox1O0 feet in size
and will have frontages on Wisconsin ave-
nue. Newark Ordway and 36th streets.
Further out and located on the Rockville
electric railway, in Maryland, is the Bel
mont tract of land consisting OF thirty ana
one-haif acres, which William j. Sheetz
purchased this week for $4,000 through the
c. B. Hazard Company. Barnard 4 john
son. trustees for the Belmont syndicate,
composed Of Frank Reside. r. Golden Dom
aldson and r. P. Barnard, conveyed the
land to the present owner.
The property fronts one-half mile on the
electric railway, and Is bounded on the
north by the old Rockville-Chevy Chase
line on the east by the lands of the Chevy
Chase Land Company, and on the south
by the District line.
The subdivision contains IT'S lots, 80 by
100 feet in size, and, it Is said, the property
will be put on the market at an early date.
Belmont and Bethesda avenues bisect the
tract parallel to Wisconsin avenue, north
and south, and Columbia boulevard, Spring,
Carter and Grove streets and Chevy Chase
avenue east and west
Real Estate and Financial Center.
A striking feature of the local real estate
situation for some time has been the dis
tinct trend of business In real estate and
financial circles to center about the neigh
borhood of 18th. 14th and 18th streets, be-
tween F and H streets northwest, as well
as on the streets Within these boundaries
running east and west 1t has been noted
that a large number OF the leading real es-
tate firms in the city have already or will
soon locate their places of business within
the radius indicated. The Swartzen, Rheem
IL Hensey Company and the agency OF
r. o. Holtzman. both having offices at
present on T street between 9th and 10th
streets. will erect new Office buildings and
move toward the west-the former on 18th
street and the latter to the south side of
New York avenue between 14th and 18th
streets. Ground on the Hoffman site was
broken for the foundations of the new
building on Thursday last.
Activity on Fourteenth Street.
The premises at $50 and SD 18th street
were purchased through the F. H West
Company from James d. Donnelly during
the week for $4,000. Martin Brothers have
sold to J. D. Dohnelly, the price being it is
said. about $4,000, the property at 91S 14th
street.
The parcel at so and SD 14th street con-
sists of two frame buildings having a
frontage OF PAS feet and depth OF 40 feet
The purchase value square foot was $40
The ground Is on the square between H and
/ streets and Is in line with the business
improvements being made In this section.
The property at 91S i4th street is on the
square facing Franklin Park, and is i'm
proved by a three-story and basement brick
dwelling. The house has a width of 211a
feet and a depth of 90 feet. and the value
OF the ground was about 50 per foot.
The prices paid for these properties indi-
cate a gradual but certain strengthening
OF values in this section, which business
men and real estate operators attribute to
the rapid northwest movement OF business
interests Other sales by the West COM
pany Include the property at 10 18th street
northwest. for which John Miller paid S11.-
coo and on which II is said TO be Mr.. NH
ler's attention to erect a three-Story office
building for his own use: the house at $40
18th street northwest. which s. w. Wood
Sl2.W0. and which will be torn down by
Mr. Woodward and replaced by a six-story
addition to the Franconia apartment house,
which occupies the adjoining lot; the three
story dwelling at 201S G. street northwest.
purchased by Robert Armour and which
has a frontage OF 20 feet and depth OF
120@a feet. and for which s. 800 was paid.
and the triangular bloclr bauuded hy Rhode