New-York tribune., 1909-07-13
- INVESTMENT DEAL
,,prEL IN MERCER ST.
,,,-,. Flied for Tmpro1'nS 80
~ Fifth zoeHas Buildings,

districts NSAS
s.,s. n downtown -. real estate market
ss-S g +be trading n the i7o' .-a sale by
ts,aH - principal transactoILs : 15,+chcock
one of the e. for Mrs clara : ~, :. :. =
y~eae-ick FoN Q -s.--a7+fle building, No % - -
o. the SIX s''-s MOT . 1x10a feet Inc
sIsrosT IT, - 7I,erdore TiedeInann = ooi'='
S ocoat- 71,e bIye- IS an mVes'o'' -. r7-o,.
nst lease -. sod Nos. 149 ana Ia floN,
Ths s11i'n ,o-,e- ~ Maiden Lane. u'e
srrssS 1-,o-,se Il has frontage o. 7z.o
flns .+-set and SIS feet N N1.-,7-
f7p- - n-ice was ss5 ooh y ls So, ..o -, o.
- q co. sold for the taei "a b.san,er-
eA - e.raet. tlree story a'
west Es'h .11f,- rouze, IS ex55xlo0 feet. 10
,,,-- .cr occupa7cy- n E--os5u,sv. *
1Hs Z - - .+11aet vvas transferred yesTeroAF
fsnlLe e,r,--ts Building Company. OF Nc % oIo3o
90 tne 80 2 Bedford ard Harold J. Fra1I 9!
s.arssrd Oh Company, are plesl15n' 60
TX - -esoecti-ely. Of the MOTIFS
treasure -. a, ,ovr offering the realty FOR sale
:, saeDeo The property vas 500 - ,,s--;rr
Psi Estate Exchange for el'es---'='
fns - - @a- that amount bv the Norris ION
bsen -.rcb Herman De Selding. of ne Seiofng
Fsny thTous"
Pro:hers - .-- --.41i -, cary
i -ssns FOR 2 forty-tv-o story building which
~ r-ergred for the site prior 70 The anclon
gale -, = -z.7,;-,s- +,,A -l,ir7
Nle7 fcT IeTllTletLfllE ne 'ti-a't
= .ls.sraoras q the old Quaker Seminary af
So -.--+r-rss+ corner q Sruyvesant Square ana
-. s+rsst the Improvement being made for the
- ~ Friends from drawings by Van Week a
,-oldsnith. architects .
pens have also been fled for charging jack
-s.-sgrsnt at Nos. - and 76S Sixth avenue, hy
szs-g the three story dwelling house ST No jos
T-ss, 60 street the improvement being made from
go M Walter n Blair fo- the kempursuls
of and
s,1it7e +he fra-r OF Burus's Restaurant. A. n.
n n q sixth avenue. four four story buildings.
rs ,r,aroverents including the installation Of new
,.,e-7er1 windows and nzrQuise entrances. the De
fgrs bei-z by Satterlee & BOYD. architects
rqs,s haze also been filed far remodellinE the
,-s building owned by John J. Gibbons At 10 81
r,4fh svenue and the four story Offices ar No. -
Js-tb avenue. owned by Bryan L Kennedy, the
chsnses benE made 10 conform "a Tie city require
1nerts for widening the avenue roadway. Long &
yllsr and 4. Lucas are tfe architects.
Plans have also been Sled for installing Offices fl
lie building No 2la4 Broadway. the improvements
beng made for the Fresto-ILte Company. and for
-enodeing the four story house at No q West
sth street TIE improvements being for the Joseph
Gordon Realty Company from respective designs
by Campbell & Warren and Clement b Brun. as
sr.hisects.
The Real Estate Record and Guide says In lis
las. issue regarding the real estate situation iu
B-oeklyn and Queens, in part as follows:
TIE Brooklyn real estate market last week was
mi characterized hy any sale OF significance al
though some transactions We're closed that show
that the market I'm the face OF the summer de-
cline still has substance Il vas 10 be expected
thar the activity Of Brooklyn real estate would
dEiudls. Many property owners have left the
CITY and are sojourning either at the seasbore. the
mountains or abroad. careless for the time being
Of profits and opportunities 10 purchase The
sumner duness approached slowly. and ft indI-
Gates that the market will display rapid recupera
u7e powers il the fall When normal conditions
ar agar resumed there viii b. much 10 interest
ih4 broker the Epeeulstor and TIE investor Dur
NJ fhs sumner Ierk viii progress on the con
sFuo1eh OF many new tenement houses. f7-o-
assly houses and private dwellings that riH be
fssoy fer deiivefy Connci6ent with the opening OF
-;hs fsh season in real estate.
IN Queens Borough there is no cessation of
asiEfr 50 fsr- What the newt few weeks win
7eeTeop remains to be seer. Many new houses ara
readily being msrk=;e5 and acreage for =1b5fyfs-
ia II N faiT4. good demand Rel estate i7 the
fee1gh has had an impetus given 10 IL nz the
1sssnt esiehIsticn Of the opening cf the gueers-
eao Bridge i advertised broadcast tho fact
.ez' ne borough Is directly next door 10 Man
u<tsn IN fact ths bridge has heer an advance
sssht for real estate investment sr Queens .For-
esh Added 10 This IS the constant discussion
A4'ecsea neT trolley roads throughout the bor-
s9sh ana the beneficial results that viii accrue
' "a estate when the tunnels between Nauliatfer,
t'a 0aeens ara cpen for use. fl December. gou-o-
k'zniF, Queens Borough is eteadfI, b~<ore tf..
f''H- Furthermore, property owners there hare
t9sIhg thelr taxes and assessments prouptly
ne publicity the fact has received has on
~ iis reputation Z field for investment