Omaha daily bee., 1909-04-04
TIMELY REAL ESTATE GOSSIP
Transfers for March Almost Double
Record for Same Month Last Year.
MANY BIG DEALS ARE PENDING
atham Davis Sells One piece of
Property worth 100000 Twice
witbin three weeks and
VIII sell Again.

Real estate transfers for March, 1909.
we're s.s4,2si, while the transfers for last
year during the same month were S7e,-
sss. Two Of the largest deals made during
the month have not been recorded. II
they were on record the transfers for
March this year would be double the
transfers of 1908 for the same month. The
first three days Of April show large trans
fers. As big deals are pending and sew
eral have not gone on record 1T Is ex-
pected the total for the month OF April
will be the largest in many years.
within a year the new Henshaw hotel
will be doubled in size according 70 the
original plans, the lots east of the new,
building being secured to the west line
of the Barker block. The enlargement
has been planned since the beginning of
the work on the new building and II vas
erected with the idea of erecting east Of
the new building another part practically
the same size. leaving a court between the
buildings which will make every room out
side as at present. The hotel has proved a
success in every way. the construction
adding to its desirability Ms a home of
travellers and the addition will be con-
structed of the same material.
More big deals are pending in Omaha
at present than I have known for u good
many years. said Harry Turkey, secre-
tary OF the Omaha Real Estate Exchange.
Some Investors simply cannot get
enough Omaha property, while the spirit Of
Improvement among Omaha business men
is nothing less than remarkable. Every
one who WINS his own home is disposed to
build 4 house for some one else to live in.
while those who own business houses are
planning to build stores or office buildings
for others to do business in. Some of the
vacant corners which have been worrying
tie progressive one for years will be the
sites of good buildings this year unless
something happens to some Of the deals
now pending"
Thomas Hazen, for several years in
charge OF the city property department for
+. d. Wead. has gone into tho real estate
business for himself and opened an office.
Mr.. iHazen has some desirable property of
outside Investors which he will handle
along with his regular business. He plans
TO deal in both city and farm property. Mr..
Wcad has not announced Mr.. Hazen's sue
cessor in his office as yet.
Attention has again been attracted to
Ralston, the townslte opened last year bS
Sinner g. Chase, by the selling of bushes:
and city lots at prices many times what
was paid for them a year ago. Those
who had confidence that the suburb OF
Omaha would some day be q busy indus
trial center and invested are getting theil
money out many times over. When tbs
townsite was first opened a lot was SOLD
for $50 and three shares of stock in the
townsite company went with each lot
the stockholders were all land owners. One
lot was sold this week for $500. which wa
secured with three shares of stock a yea
ago. Almost every lot has doubled in price
and those which have sold have passed
into the hands of new owners without the
stock. The latest addition to the suburb
is the Gordon End Gate company. which
will erect a good sized factory.
George b. DaTr, who sold the old Car
pentsr Paper company warehouse a
Twelfth and Howard streets to Frank
Burnley for 100000. through the agency Of
Latham Davis, Will not withdraw his money
from the Omaha investments. Mr.. Dari
bought the warehouse property less thar
three weeks ago for 100000 cash and trade
When an opportunity to sell was offered
he made the deal. As 1900 OF the prop.
erty traded for the warehouse property was
western land, the $4,000 now comes tC
Omaha for investment. Mr.. Darr has Sc
cured several small pieces OF property fol
investment since the warehouse deal
among them the old Cudahy home,
Nels Lee OF Broken Bow bought tn,
store buildings in Florence located OF
Main street. north of the bank, from
Henry Haubens for $3.50 through j. II
Dumont & Son. Mr.. Lee bought the prop
erty for Investment, both because 1t Il
paying good interest and will doubtless in
crease In value because OF the stead,
boom in Florence property.
Payne. Bostwick 4 Co. are pushing tn,
sale of property overlooking Carter parl
and CUTOFF lake. This part OF the cit.
has been transformed into a we'll settle,
residence district in a little more than
year. The Hastings & Heyden develop
ment OF the Kountze property and Gorg
& Co., with their Oak Chatham addition
make a district we'll settled between FIT
teenth and Twenty-fourth street, north l.
Ames avenue.
Forty+four high-class city lots have beei
made" by the Shull Real Estate company
and will be placed on the market May
The made lots are located at Twentieth
and Poppleton streets. where the compan,
has been grading for several weeks. NOV
Ing an Immense amount OF earth with tw
big machines. The prices have not bee
definitely fixed. but viii range from s.
to SIS per front foot, which will include al
improvements, such as paving, sidewalk
and sewers. The company was organize
to handle the property; the Byron Rec
company is interested, Will Hastings
Heyden will act as sales agents for tn
lots.
ID, ". Sholes company sold the old s.
Cecalia's church site at Forty-second an
Hamilton streets to Bishop A. L. William
OF the Episcopal church during the weel
andtit IL thought the bishop will erect
new church for st. Andrews parish on IN
Site The church OF St. Andrews at pres
ent Is at Fortieth and Seward streets.
small frame building, The Byron Rec
company sold Rev. +. d. Tyner, rector Z
the parish, a lot near Thirty-ninth an
chkfles streets for $3.50 and will erect
new residence for the rector at once. tt
Byron Reed company also sold G. f.. Car
renter the Ed Karbach home for "a