The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-11-17

Operations in real estate were few last
week, compared with other times and
seasons. Yet. taking all things into con-
sideration, the market may be described
rs qJif- and active. sales We're confined
largely TO smaii odd medium priced resi-
dences. and to smaller business properties.
The record Of transactions shows that
business Is well scattered over the Dis
trict. in all the desirable localities where
houses for immediate occupancy or for
investment are available
The business Of the week was but lit
tie OF the character which is reported as
news, but the leading brokers report a
fair number Of sales, and general activity
in Gentals The call for houses and apart
ments on the part Of the persons who
come TO Washington to attend the session
OF Congress is being satisfied at present,
and il is said some Of the late corners
VIII find difficulty in getting well housed
for the winter, on account of the scarcity
of dwellings not already occupied.
station Vicinity Attracts.
The attention of real estate dealers Is
being directed toward the new terminal
which its approaches run. During the
week announcement was made of the pur-
chase by Swift and Company the meat
hackers of Chicago, of a large tract of
ground near the freight terminals of the
Baltimore and Ohio Railroad, on which
to erect new plant for its business in
this city.
This step on the part of one of the
largest wholesale houses Of the city is
taken to mean that the removal Of the
wholesale market 10 that quarter of the
town is inevitable Speaking OF the mat
ter yesterday Il prominent real estate
man said there are only two places for
the wholesale merchants to GO, when
they pull up stakes in Louisiana avenue.
They must go TO South Washington. near
the terminal Of the Pennsylvania and
Southern lines. or they must 90 to West
lexington. He said further that prop
erty was already occupied in South Wash
ington. was held at high prices and that
naturally the wholesale merchants would
go 10 the vacant property to the north
ward where more suitable sites can be
obtained. II not at a less price.
Property Bound TO Increase
But il is not alone with reference TO
the occupation Of the vacant ground be-
yond Florida avenue, continued the
broker, that we are interested in. l
think foresee great Improvement IN the
near future all along the line Of the APP
proaches 10 the station. and particularly
around the big building itself, and upon
the splendid avenue which is being
marked out by the erection Of the two
office buildings by the government. You
are aware that from the front Of the sta
ton, along the line of Delaware avenue,
the Capitol Plaza and the streets opening
into Il on the south, a new vista, drive
way. and boulevard has been opened, not
dreamed Of IN the plans of LEnfant- In
years to come Il viii be one of the most
splendid avenues in the world. Land
scape gardeners and committees in Con-
gress will not be slow TO see the advan-
tages ii presents In the way Of Adorn-
ment. and 1 expect TO see it thanked with
some Of the finest buildings to be found
In Washington.
81 believe the same thing Is true of
all the streets leading into the station
plaza. They will be vastly improved with
in a few years. Il may be there will De
sort OF reaction in the growth of the
city from the expansion Of the northwest.
back toward the east At all events l
expect to see a remarkable change in the
appearance of things about the station.
the Capitol and the Library within the
next ten years
Good Place 10 Invest Money.
This will naturally enhance the value
OF property in that whole section. have
advised some Of our clients to buy prop
erty out there 70 hold for speculation.
and few vi them have done SO. be-