New-York tribune., 1908-07-26
MORE BUILDERS ACTIVE
TRADE IN UPPER SECTIONS
Plans for Bron.r Structures to Cost
Nearly S8,OOO,OO0.

Deals IN the upper sections OF Manhattan TsI,-x
and in The Bronx continue TO be features OF ~.
market. Bronx builders again proninen. ,
large numbers There were fled last week plans 4
thirty-hve structures to be built in The B-,n
which will cost little over s575ooo. The raSo-s,
of projected buildings dwelling and fat hou,..
Since January to date 800 buildings be put u, =,
Manhattan Island have been planned They w
represent an investment Of sA2s4oo Las
year for the corresponding period plans were :,
corded for 6ss Manhattan structures 70 co,
s51. i27.000.
The Bronx tables show that s74 structures s,,
been planned since the first OF the year III. sx.,
mated being aoout s7.9440oo. In the similar =.
Rod OF last year 13 Bronx structures pIaar.1
the estimated cost being about s3 5000 The b,,ns
ing tables also show that the estimated cost % an
alterations planned IN The Bronx and Manhat.,r
since January IS nearly 100000. as again,
S277000 for the similar period n the previous YEA,
The total sum OF money lent on bond and ruor+x,,.
in Manhattan and The Bronx since January 4,
sse 4470o0 In the corresponding period Of the IRA.
vious year the mortgage figures for those two hos,
oughs s2S4O25Ooo II the assessed valuations !.
porces be taken criterion of the kind OF orc,.
erty in greatest demand. the trading indicates ira.
costlier parcels than traded in last wear ar.
finding a ready market
This year will probably be best rememberss ~,
Office construction More money has been plannss
to be invested in skyscrapers this season tha,
in many years II is the general opinion IN rsaI,,
circles that many of the big Office structures n,
which plans have been flied in the last six month,
will be erected this year. and in view OF tha.
fact there will not be much work for skilled
mechanics the building plans would lead one :,
anticipate. While many owners OF fine dovntcva
business sites have furnishing important fen,
OF account OF novel plans for improving
their sites the brokerage lines Of the market hav,
attracted considerable attention by leading many
builders into the upper Riverside Drive section and
into many newer districts OF the city The price,
for building material are thought 20 be largely
sponsfble for the reawakening OF interest IN ths
DEVELOPMENT Of the newer districts among specu.
Iative builders OF many years experience in realty
fields Brick lumber and many other kinds Of
building material now be purchased az a muci
less cost than two years ago, when there wide
spread building activity throughout most Of the
sections OF the greater city Last week the activity
of Bronx builders feature Of the trading o.
each day. and some days their operations over
shadowed the entire market
A buyer was found last week by Goodwin q
Goodwin for the FIVE story double apartment house.
with stores at the northwest corner OF 1l4th 81
and Madison ave 1t was sold for the estate ot
sopbia Kepner to Harry l. Rosen This is ths
first sale Of the property IN about twenty years.
Robert Levers sold last week for Joseph Ham
merschlas TO builder the plot. 5xsex irregular. on
the south side 17sth ST. 10 feet west OF Anste--
dan, ave George b Dudley sold for Robert J.
LJoguet the three story dwelling house No. $50
broadway It is between 152d ard 153d sts. A buyer
was also found in the week for the small tene-
nent house No. Isl Amsterdam ave 1t was owned
bv John L. Bogener In the auction rooms IN
Vesev St there was number Of large budgets OF
offerings, but there were many WitndraWals ana
adtournueuts the number OF properties sold uas
.r1au There were two large transactions affect
ing Bronx -parcels reported in the week Arnold.
Fvrne & Baumann sold for the Zannlatu estate
plot OF thirteen lots at the northwest corner or
Prospect ave- and 161st ST. The parcel has 'front.'
age OF go feet In the street and 81 feee IN eaca