The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1906-12-23
LARGE DEALS now ON
Option on University Prop.
erty AFOuSeS Interest.
HOME LIFE SALE UNFINISHED
Louisiana Avenue Lot and One ON
Seventeenth street Bring High
PriceS-OperatiOns Active on Con-
nePtieut Avenue Terrace, Capital
Heights, and other Suburbs.


Heights, and other Suburbs.
The taking of an option for sixty days
by the r. II. Smith Company on the
George Washington University property,
at the southeast corner of Fifteenth and
H streets northwest at the stated price
Of $50 a square foot, was the largest
prospective operation of the week. The
probable purchaser of the property, IL one
is in the field, has not been disclosed,
and much speculation is rife with ref
crence TO the subject To the several
rumors already published in regard 10 the
matter one was added yesterday. that a
large life insurance company outside of
the city intended 10 purchase the property
with the view OF erecting a large office
building, with u banking room on the
ground floor Another and more proba bic
report is that the corner is wanted for
department store.
Interest continues relative 10 the alleged
purchase of the Home Life Building. As
yet utIe 10 the property has not left
the hands of the Tyssowsl1y Brothers, and
whatever deal has taken place in the
property has not reached the stage OF
actual transfer Yesterday the rumor was
revived that the Pennsylvania Railroad
Company was the purchaser. but the at
torneys OF the company. its real estate
brokers. and others in position TO know
The facts fatty deny that any such pur-
chase is in prospect The principals in
the deal are reticent relative 10 what has
been done, OF what they expect 10 do.
and the sale Of the property still remains
mystery.
Commission House Sold.
Early in the week the purchase of the
property at $50 Louisiana avenue by
Frank =. Burke from George p. Saks
was announced the price paid being
$4,000 for 1913 square feet improved by
d three-story building occupied as a com
mission house.
The residence at the northwest corner
Of Seventeenth and r streets was also
purchased by Thomas Riley. the consid-
Grafton being S1300C, the deal being CON
summated through Stone 4 Fairfax
Papers were also placed on record dur
ing The week for the property at .
Lafayette Square. the addition TO the
holdings OF the Cosmos Club a deed
Of trust for 2SG00. secured by bonds OF
the club being recorded in favor OF the
American Security and Trust Company.
Outside OF these transactions little has
been done in the way Of actual sales
within the city Several OF the brokers
report sales of residence property. bu,
IN, boz. TrrfI
10 the proximity OF the holidays. Real
estate men do not expect business in
any volume until after the turn Of the
year. AID prospective deals which have
occupied their attention for the past few
weeks Will hardly be consummated be
fore that time
Fourteen Lots Sold.
Fulton G0rdan, who has charge of the
Connecticut Avenue Terrace subdivision
reports a good week in the sale Of lotS
The number for the week was fourteen.
deals for ten Of them being closed on
Wednesday. The average price Of the
lots was about Sl,400 and all Of those
sold fronted on the avenue. and are
among the most desirable in the sJbdi-
vision. Equally good reports are given
suburban properties. notably those on
Fourteenth Street Heights, and at other
points along the car lines leading out OF
the city.
One Of the most successful deals Of the
year in suburban realty has been thai
on Capital Heights, just beyond the Dis
trict line in Maryland. Nearly 1000 lot
have been sold out there, and already
$50 dwellings have been erected on the
tract. This subdivision has been handled
by O. B. Zantzinger, who has recently
opened a real estate Office at sos g street
northwest
Mr.. Zantzinger and Mrs. Zantzingei
went to Florida last Tuesday to be gone
several weeks Mr.. Zantzinger was for
merly in business in Baltimore, being
general manager Of J. W Bond & Co.
dealers in paper. stationery. and Office
supplies Mr.. Zantzinger later bought
out the business. and was proprietor for
several years. He married Miss SHELF
D. Chew. daughter Of Judge r r. =.
Chew, and is descended from one Of the
Oldest Maryland families. Mr.. Zant-
Finger came TO Washington about three
years ago. bought Up the land in the
Capital Heights tract. subdivided it. and
has since given his entire attention to
real estate. In his absence his Office is
in charge of A. G. BunnelI.
Records in Real Estate.
Indicative Of the growth of the city and
the activity in real estate during the pas;
five years the statement recently fssueC
by the Recorder Of Deeds is significant
In the year ended December 81, 1901. the
papers filed for record were 1923, re-
7aI Of hot Ia l.
number, but this year the number vii
reach, according TO the Recorder. 21.350
an increase over the number of 1901 OF
nearly 5000 papers, including deeds, deeds
Of trust. and other documents of record
The Recorder states that the growth has
been continuous and healthy, and indi-
Gates a sure and steady advancement in
the sale and Improvement of real estate
in the District
The new home of the Metropolitan Club
at the corner of Seventeenth and II
streets, is nearing completion. and in out
ward appearance is looked upon as a dis
tinct addition to the architectural beauty
of the city Its interior is expected to
surpass that of any other club in Wash
ington, and the members of the Organiza-
ton and others who sometimes visit the
rooms are looking forward with interest
to the induction of the club in its new
quarters, which, however, will not De
for some months
Andrew Boyd publisher of the Wash
ington City Directory, has announced
some figures which indicate a rapid
growth Of the population. He says the
new issue of the directory Will contain
about 10000 new names. This shows a
growing number Of heads of families and
business men in the city, and proves be
yond question that the population is in
creasing at a rapid rate.
Death of Prominent London Lawyer.
Inndon Dec ON r Mcconnell :.