The Washington herald., 1907-04-21

Though the cold weather is holding back
anticipated development in the suburbs.
real estate men are active. and attention
is being called 70 the bargains put upon
the market The Washington Herald To-
day presents a new contingent of adver-
Users who have interesting things to say
to the home buyers of the District.
The weeks records show the transfer
of much residence property Of the cheaper
variety. and this is an indication OF the
activity Of the market at the moment.
There is little doing in the way OF spec
tacular deals, but a good volume OF busi-
ness. in the selling of small residences and
lots for Improvement. Last week also pre-
scented some activity in the way Of leasing
and improvement of business property
Metxerott Property Leased.
The Metzerott property, at zoos and 100
+ street. has been leased 10 the steH
Piano Company. of Baltimore. Extensive
improvements viii be made in the prop
erty. and it viii be occupied by the new
lessees about midsummer. The Gallery
book store. which occupies one side or
the building. viii probably locate on
r.
Of Heiskell 8. McLaren, will be moved 10
new quarters, not yet decided upon
Another Improvement of similar klnd
is projected at 1929 f street, where the
property will be remodeled, with new
front and interior changes, and VIII be
occupied By Lutz & Co. Appleton j..
Clark. ir.. made the designs for the i'm
prOvement.
Mr.. Clark has also completed the plans
for the Mutual Fire Insurance Company
OF the new building which IL VIII erect
on its property at the northeast corner
of Thirteenth street and New York ave
nue.
The Randolph Hotel Company also an
nounced during the week that prepare
tions 10 build on its property. at the cor
ner of Fourteenth street and Peunsyl-
vania avenue. have been completed. and
that work upon the structure VIII pe
started i'm the near future. The directors
of the company are Christian Heurich,
Col. e. E. Wood. James Lansburgh, Frank
p. Burke Franklin B. Killian, John +.
Wilkins, and r. II. Warwick.
The record OF deeds completing the pun
chase of the property at rs to iS2 Eff
teenth street by George Hewitt Meyers
was made public during the week.
The sale Of the property at 1922 Biltmore
street by George 5. webb TO Upton Ride
nour for $500 was reported last week.
William A. Gieseking has sold to Mrs
Ellen IT. Keane the colonial house at 1907
BnJmOre street for $4,000.
Chevy Chase Ian Sold.
One of the most important sales an
nouaced was that of Chevy Chase Inn
To Samuel \. Barker, who viii convert II
into "a school for young ladies. thereby
closing il 90 the fashionable contingent
of the city who have hitherto made it a
summer home. The price was $4,000
Another sale, the authenticity of which
has not yet been confirmed. was the con
Veyance of the tract known as Bellevon
by Senator Newlands TO Senator Dixon
of Nevada. The reported price paid fOI
the property was S0C0 an acre.
With reference to the activity of real
estate during the spring and early sum
mer. the opinions of brokers differ. A
number of offices have deals Of some
magnitude on hand, especially in higher
priced residence property, and few 9th
crs declare that some valuable pieces OF
business property will soon be changing
hands. The general impression seems tC
be- gathered from several OF the most
prominent real estate operators. that the
market win remain quiet probably
throughout the summer. They base THEN
predictions upon the late opening OF
spring, which they say viii be apt to
plunge the city into the heat of Summer
as early as the last of May when the
general exodus 10 the watering place,
win begin. Most of the brokers expect q
fair amount Of business including some
big deals but as one of them remarked
yesterday, this year bids fair 10 be one OF
hustle and moderate profits. al least un.
I'll after business interests in other line.
show some sirns of hrighfening M.