The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1908-08-30
Fair Degree of Activity
Shown Last Week in
Real Estate.
INVESTMENT BUYING
CONTINUES FEATURE
Projects Under Way Will Increase
the :3uilding Operations in
the City.

pOsedly the dullest menth OF the year
in nearly all l,aes Of business, the local
real estate market nevertheless showed
a fair degree of activity. Dealers report
sales of all kinds of properties-resi-
dences, vacant lots, farms, and all the
others that go TO make up the realty
field as it is.
Investment buying has continued TO be
a feature of the market This mas
taken not only the form of buying out
right for investment, but of buying 10
combine investment with possession of
homes. one local firm, Moore & Hin,
recently commented. publicly on the
home buying phase of the local real es-
tate situation IL even placed itself on
record as predicting that there would
not be sufficient vacant residences in
Washington this fan TO supply the de-
mand for homes. In addition TO such
buying, capitalists Of other cities have
been coming forward with cash express
sions OF opinion that Washington affords
the best field for investment IN real es-
tate. Most Of the larger deals reported
during the past week, in fact, shoE
that the buyers were nonresidents Of
Washington,
Building Plans
In addition = the actual sales OF the
week. there has been progress made on
a number of projects which include the
erection Of business buildings here.
Plans are now under way for the begin
ming OF work on four office buildings,
ana it is probable that the coming win
ter viii see them all completed. One Of
these Is TO be the nine story structure
TO be built at 141+1424 New York avenue
for the Evans estate; another the four
story business home OF the NJ A. Wirf
Ter Company; the third is the three
story office building to be built for
Chesley & Chesley at 1317-I3l9 New York
avenue. running through II street The
other building is to be called the Cal
houn, to be built at 11O6 G street north
west Details regarding this were pub
Ished in The Times several weeks ago.
Weeks Review.
As for the transactions Of the week,
a specific review includes the follow
ing deals;
Joseph NJ. CarmOdy sold the new brick
dwelling at 326 d street northeast, near
the Union Station. fine house mas d
front of light colored brick, has Two
stories and a cellar, and is heated By
hot water system. The sale was made
through the office OF Stone * Fairfax.
This hrm has also sold the tlFO-story
brick dwelling at 51S j street north
east, which contains six rooms and bath
and is now under rental The firm re-
ports a strong demand for property in
that section, the completion CT the new
Union Station having made a consider
able change in real estate prospects
In that locality.
All of block 9. Of Moore and Bar
bouT's Addition, bounded by Rhode
Island avenue, U street, anG Lincoln
avenue, was purchased by Judge VII
liam II. De Lacy, who win in the near
future improve the property with dwell
inss of a high grade. TIE sum involved
in this extensive transaction was with
held. The deal was cOnsummatCd through
the Office OF Willige, Gibbs & Daniel.
In the same section of the city there
has been unusual success in The dis
posal Of building frontages during the
two past weeks. The real estate iirm just
referred to has sold during that period
thirty-six lots, having an aggregate
frontage of ESQ feet, and a total area
OF 64,S00 square feet. The lots were
sold to various builders and investors,
and represented an outlay Of approx
imately $50 900. The purchasers in each
instance intend to improve the lots at
once with first-class residences, which
viii he placed on the market IN the fail.
Sells Country Home.
Capt. James +, oyster sold to Charles
Corby, the baker, his country home and
farm near Carrot Park. Nd, for S35, COO
The property consists of about 100 acres
along the Rockville pike, between Car
ret Park and KARsington. Mr. Corby
will taae possession about October J.
when Captain Oyster and his family
return to Washington for the winter
1t is understood that Mr.. Corby con
templates making some improvements
TO the property He will probably oc-|
cupy it next year as his summer home
Five sales of houses We're made by
Moore & Hill. as follows:
The three-story and basement brick
residence at 1883 Eighteenth street
northwest for Charles Carusi, attor-
ney. The price received for this house
was not reported.
House at 1853 Tenth street northwest.
being the last one of a block Of twenty
houses. built by Harry Wardman and
sold by Moore & Hill. It has two stor-
les, seven rooms, and a. colonial front
Two-story and cellar brick residence
at 1916 L street, heated by steam; sold
for $3.50.
A two-story and attic residence in
Cleveland Park. eight rooms and tiled
bath. built for John Sherman. sold for
s.. 100 This house is located on the
north side OF Macomb street, west Of
Connecticut avenue. The lot is 45 by
100 feet
Premises at 1913 Girard street, sold for
Mrs. Nellie Hill the price being s., $50.
This is an attractive, twO-stOry, semi
detached residence.
Bought For Homes.
These houses were purchased by per
sons who desire TO occupy them as their
homes. The firm which consurnmated
the deals estimates that there are fewer
no uses vacant at this season Of the
- ear than ever before in the history OF
tie city.
The brick dwelling at S526 street
northwest has been sold 10 the oecu-
pant. who. having leased the house for
a time, has now purchased It and viii
continue TO reside there The sale was
made for the Frederick W. Huidekoper
estate by Stone & Fairfax The house
is one OF several erected for Huidekoper
about two years ago by Allard a
Appleby, 1t has two stories and a Gel
lar, and has bay window projections.
d. ". Manners has solds through the