New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-10-21

The feature Of the real estate market last week
was a number of successful auction sales held at
the Real Estate Exchange Salesrom. Nos IA and
IA Vesey St Excellent prices were obtained Tor
most OF the parcels. and not one offering was soia
below the market value according to many realty
experts These sales demonstrated the stability of
TIE market the attractiveness of improved ana
,,njrnproved Manhattan property that there are yet
many persons seeking medium priced lots In west
chester County and that the quickest way to reach
buyers just at present is through the Nesey ST
salesrooms.
One of the auction offerings was a plot OF twenty
six lots fronting in Broadway. 211th St and 10Th
ave. Joseph P. Day the auctioneer Many per
thought that this parcel in the Dychnlah SCI
ton would find few buyers Instead, the pluuiis
for the lots was spirited, and Mr.. Day had no
trouble in selling the plot prices ranging from
$500 10 su.25O a lot. On the same day u. FhehiA
Ingraham sold to the highest bidders 200 lots IN
the Pelham Bay Park section Of The Bronx ne
got good prices for his wares too
Mr.. Day also sold last week at the ReaI Es'ale
Exchange salesroom in foreclosure proceedings
The twelve story hotel Nos. II and Is East Z'th ST.
for SSS7, 7O4 g The Cedar Street Company was the
pla.ntim and the Wells Realty and CONSTRUCTION
Company was the defendant. The plaintiff got the
property on a bid of s1sS,930 SIS over and above a
prior mortgage of $4,000 and other liens amount
ing 70 more than $4,000.
The site OF the hotel was bought in March. lDi
by the foreclosed concern from the Century Realty
Company. In June Of the same year plans Tor the
building were filed, the estimated cost being given
as $4,000. The hotel project was one of several
undertaken this block before the owners Of the
old Brunswick Hotel site. opposite. abandoned the
scheme for a great hotel in favor OF that for loft
structure. In the mean time the Century Realty
Conpany's interests identified with those or
the United States Realty and Improvement Com
pany, and the Cedar Street Company, q subsidiary
corporation. took the claims on the 9th St
hotel
A successful auction sale was held on THURSDAY
by George r Read at the Real Estate Exchange
Salesrocm- For No. % Park Place, extending TO
No. e Murray St. $4,000 paid by the Kips
Bay Realty Company and D. B. Freedman. Jus
tice P. Henry Dugro got the Lorimer apartment
house, Nos. 80 and SO West 18th St, for S2SS.OJO.
Among the bidders were Ottinger Brothers. Henry
Morgenthau. Robert E Bowling and ex-Congress-
man Jefferson NJ. Levy. William s. Devery' ex-
chief of police, present
The volume of private sales made last week was
raand. one of the leading deals OF the week wss
the sale by Leopold Well for NJ L. & c. Ernst to
story mercantile loft building Eo- 1872 to 142 West
purchase The property was bought as an invest
~ A. Berwin & Co. and Nichols & Lummis sold
No. 2l4 West S4th st. four story English base
Enent dwelling house. on a lot l65xss9 feet. The
S4th ST. entrance 10 the Pennsylvania tunnel sta
The Jewish Maternity Hospital bought Nos. 30
ano ~ East broadway between Montgomery ana
srv teeenan bos e P@rcel % I9 & e
buildings will be extensively altered
Prayer for, Frederick NJ: Hilton trustee of the
estate of Thomas F. Carhart, a large plot at the
southeast corner OF Spring and Crosby SITS. The
parcel comprises No S. TO IS Spring st. and No IS
20 Il Crosby st. old buildings 1t has frontage Of
ebout 100 feet in Spring St and of about 90 feet in
Dennis & Preston cold for Park & Tilford to an
investor No l52 10 l5S West S6th between Broad
way and 18th ave. II is eight story freproof
storage warehouse, on plot 6Ox1o0 feet which
especially constructed for the use of the seller in
1900. Park & T1ford will continue TO occupy the
building, having made lease with the owner
Tor tWenty-one years, at net rental agsregating
about $3.50 900.
Ex-CongressYnsn Jefferson M Levy bought No.
81 9Th ave, small building lot 1Sx76Sx irreg-
ular II adjoins the southeast corner of Washing
p S. Treacy bought from William Waldorf Astor
a lot 25xl0o feet the side of Broadway, 100
feet south OF S6th st The buyer viii erect the
site building, which has been leased from the
William a. White & Sons sold for Lowenfeld &
Prager, No: l2 Greene st, three story loft build
ing, on lot ExlOO feet. The same brokers sold
the property to the sellers last May.