New-York tribune., 1907-10-17
HEIRS GET $4,000.
ESTATE SALE Il SUCCESS.
adams Property Quickly Taken
OUer bV Investors.

The total sum realized yesterday at the auc-
ton sale OF the realty holdings Of the estate o,
Albert J. Adams. held at the Real Estate tx
change Salesrooms. Nos. II and 10 Vesey street.
by Bryan L. Kennedy, was S5lo,Oto' which was
$4,000 more than the amount expert appraisers
thought the parcels would be sold for. The re-
suIts Of the sale not only pleased Mr. Kennedy
and the heirs of the estate but caused wide
spread rejoicing in realty circles. as it was the
general opinion that the sale would have
beneficial effect on realty trading.
When Mr. Kennedy announced about two
months ago that he would seek buyers In the
auction market for the remaining unsold parcels
of the Adams estate, the news almost staggered
many leading conservative operators and in
vestors. These operators and investors argued
that there vas not solitary sign in the real
estate market that the sale would be anything
except a dismal failure Money conditions
were unsatisfactory, they further said. and the
inclinations of the majority Of wealthy realty
leaders appeared TO be TO remain inactive In
the realty field. for some months at least, or
until It was the concensus Of opinion that active
realty days were near at hand again. These
views did not change the opinion held by Mr..
Kennedy as 20 the probable outcome of the sale.
He was convinced that the city was never on
a better rental basis and that, in spite of the
cry about a stringency Of money for realty op-
eratfons the trend of values was upward, and
moreover that it was as difficult a task to find
property owners who were willing to sell at
less than the sum they would have accepted for
their parcels last year as 1t was to find such
owners in the days following the opening Of the
subways
For years Mr.. Kennedy has been one Of the
most successful auctioneers and real estate
brokers of this great metropolis. And when
he stepped down from his stand in the auction
rooms yesterday he had the satisfaction Of
knowing that he had accomplished in a most
brilliant manner a task which many persons
thought an impossible one. and every one OF
those persons was willing TO acknowledge that
fact. A complete list OF the auction offerings
yesterday, together with the prices and the
names of the buyers, is as follows:
Sold by Bran Kennedy No % alst St., s. els
stores "a executor sale to Dr. L Jones for $GaOc No
With store sale to Or Augustin Wolfe Tor
$4,000 No 1o 45h ST. 4 s. lgS it W Of Sth ave 2oZoo2
adj Oh for s39 55o Nos POS and 2l9
SALE TO the Surety Realty
& 80 5F SS sy @ frame Me- SO store o' szeeors sale to Il &
- ixOox4s4 sly lot bldg; executors sale to
gg7 W9m lam s Laor o s Wa ~ sh h aH s F g y Storage
Warehouse executors sale; 70 Mrs George McGovern for
fat h with store executors sale; to Mrs George Mcov
s s % SF xI o 4EGs o. st business 6ds with store;
s Box st. Brooklyn -~)AlVO,
sv front and bldgs with stores executors SALE
20 Joseph Newman 600; No 1pz TO % Borden ave
e o. Long Island city. 44Xlso nun
ming through frame bldg, with stores;
avecutors sale; Albert Adams deceased 70
George " I-ahey $4,000: 20 and e2 Lexington
ave s. 5a3 II Of 9th St 80 6Z7S; two 3 sty dHI n
voluntary sale: Brunswick Realty CO for so 100
sold by Joseph Day: No 42S 10th l6l II " ot
Avenue A 3Sx1O05, sty brk fiat and store; sadie
Foffberg agt H Il stof ct al; Mauhem & NJ. attys;
syivester Malone ref: due, s. 394 =; taxes etc
$3.50; sub TO two utges aggregating $4,000; to the
plaintiff for s47.41; 661 and Cor LenoN ave
14sd 4ON1oo, SIX sty br fat and store; knikeT
booker T agt Meyer Frank ct al action J; \ Il
westoot atty Morrissey, ref amt Que s2sSo@ sSS6 10 l6
taxes etc sg7S Oh adjourned 20 October 1s Nos e8 ana
67I Ienox ave, 40 # Of 143d St 89llT1CV six sy
b-lt fiat and store: agt same acton = same
atty; amt due SIS o5 45 taxes etc $3.50 G5;
adjourned 10 October G73 and $40 Lencx ave,
401100. six sty hrk fiat n ana
action 3; same atty; same ret;
amt etc. S453 So; adjourned 20
October Is: Nos 6T7 6T9 LenoX 40 It OF
14sth ei1xl00: bTk fat and store same agt
ref: due. SO oSl a.
taxes So; adjourned October ls Lenox ave,
W cor is4th St 4OxIo0; sig sty hTk fat and store;
same agt same action atty; ref; amt due,
so taxes S676 SO; adjourned october lS
Central Park West " 759 Il Of 10lst st. 2J3X1o0:
vacant John Stitch agt Joseph Fuchs et al; hantrotz
z attys: Taylor ref; amt due. S4sA2 20; sub 10
prior mtge OF $4,000; 10 Nathan Marks for $2'slo