Omaha daily bee., 1909-02-14
TIMELY REAL ESTATE GOSSIP
Big Deals Being Made and Talked in
Business Property.
WAREHOUSE SITES ARE SELLING
Trahsfers for Jsnsary Make New
Record over 1907, when selling
city Property Boosted Fig
ures 60 Top NOtches.

Few weeks have been characterized by
such big deals and talks Of such deals as
the week just passed. The Orpheum thea
ter at Fifteenth and Harvey streets has
undoubtedly changed hands at a figure in
excess of $4,000. and instead OF being held
by an Omaha corporation. passes into the
hands Of Chicago parties, who bring not
IneI ely 500. Oc0 to invest in Omaha real es-
tate, but viii also invest money In i'm
proving the property. The investment will
probably moan a quarter Of p million of
dollars brought into Omaha. The deal was
made by w. Il. Holman. real estate dealer,
who has somewhat Of a record in bringing
money 10 Omaha and securing large In
In Omaha property. only a
short time ago he secured SOC, 900 of idle
money and gave in exchange to the buyer
the Milton Rogers corner at Fourteenth
and Farnam streets.
Two properties which George g. Co.
have for sale continue to excite interest
among the real estate dealers. These are
the corner Of Sixteenth and Harvey streets
and the Her Grand Annex at Sixteenth
and jackson streets. While George Il
Co. deny that any deal has been made
for either property. II is known that nego-
tlatIons have been on by outside parties
and It is not the most improbable thing in
the world that both will be sold. They
represent q valuation in excess Of foO.OOo
and no two pieces Of property in the bust
ness district are more desirable than Six
teenth and Harvey and sixteenth and jack
son streets. Talk OF a new bank building
at sixteenth and Harvey streets has ceased,
49, tIx~o Aa,.a haon ratrnora that n b1ttld-
ing will be erected there for the City Saw
ings bank. now located at sixteenth and
Douglas streets and a rapidly growing in
stItutlcn owing to the record it made dur
ing the financial trouble Of last year. Pres
ident John F. F1ack has nothing to say
about the rumors.
Between Tenth and Twenty fourth streets
on L~eavenworth and Jones streets what
trackage property remains Is being bought
up by wholesalers and manufacturers who
see the inevitable coming-the necessity Of
enlarging warehouses and factories. Or
Ghard g. wilhelm, furniture and house fur
nishing dealers. a. secured a tract OPP
posita the Chicago Lumber company near
Fourteenth and L~eavenworth streets, where
they will build a warehouse. This lot Is
on track and offers an exceptional point Of
vantage for a warehouse. being convenient
FOR wagon hauling TO the city and at the
same time giving the company from 100 to
400 feet of trackage. The plans for the
warehouse have not been made, but It is
understood Il viii be a sood-sized building.
George & Co. have issued a now map Of
the suburbs west Of the city limits Of
Omaha showing the section north Of Elm
wood park TO Beckwith Place, Bowling
Green and schlesinger's addition. The map
was complied b. Roy N. Fowl and as II is
made after recent surveys gives an idea of
many choice sites and tracts which will be
opened by various dealers In the near flu
ture. II gives by acres the amount of land
In each tract, and among the new spots
noted Is Happy Hollow Circle. between I'm
derwood avenue, Fifty-second street and
the proposed boulevard running from Elm
wood park northwest TO a point near La
Fayette street. Between this boulevard and
Fairacres there are 100 acres Of land, which
Is Just north OF the Happy Hollow golf
grounds almost every foot of which is avail
able for suburban building sites. The map
also shows a complete plat of Dundee, Car
thage. Buena Vista. Mayfleld and Golden
addition on West Farnam street.
Something OF the activity in real estate
circles may be judged from the report of
transfers for the month of January, which
has Just reached the real estate offices, as
compared with the amount of transfers for
the same month in other years. During the
month just passed the transfers amounted
TO $s54,ss as against 1854 for the SAM
month last year and Su1.O22 during January,
1Oo4 7 nnfv fhraa roopfba NJ 1Q0Q had UraafaF
transfers than January. 1903, while only five
months during l9T-an unusually heavy
year-showed transfers in excess Of the 1906
record. Building permits for the first
month OF the year reflect the same condi-
ton. Permits were issued for the erection
OF s227.b60 worth OF buildings during jan
uary. 1903. siss $50 last year and SIC, 77s for
the same month OF 1907.