New-York tribune., 1909-09-21
BUYERS BUSY UPTOWN
ONE DEAL IN 18TH ST.
,Recar Estate SAID to Hare Sold Its
BrOadaeag Binding.

rosing in the local real estate market yesterday
= widely scattered. sales and leases in the West
side furnishing the principal items OF news.
.ronheImer Brothers and John II. Royal sold for
- conax Realty Company TO a client Nos IS
81, s. West I35th street. a six story apartment
go On a plot S7.6x991l feet
II 7 McAvoy leased La Porte apartment hO-
- IA 1a Amsterdam avenue diagonally OPP
a.tc schermerhom Hall. to John W. Bates.
- r Kennedy is the owner OF the property
- term OF the lease is ten years, and the ag-
a,ste rental about Sl50.001.
spobert : smith. S W. Steel and Albert Smith
,ase5 the six story building No &C West 18th street
O. a long term of years to Morrison brothers.
A,cor5ng TO "A report yesterday. the Becar estate
,as sold the five story business building No. 1s7
s9-aasuay The structure occupies lot 25.6X10O
seet
.sr5sv against Sophia Zauderer. in favor of Rosale
-J,.or,s and Isidore Hammerslough growing out OF
.ha eoreclosure sale OF the northeast corner OF
ysleecker and Grove streets six story brick tene-
snent house.
plans have been filed for six story loft building
40 he built for the Riehl Construction Company
isTom designs by Charles stegmyer at No. az and
5.,q Fast $50 street, at a cost OF $4,000.
plans have also been filed for remodelling the
,o,r story tenement house at No. 354 West s4th
street and installing stores the ground floor. the
improvements being made for Jacob schmalhsuser
as owner from designs by James w. Cole. at
cost of 5000
.srba Real Estate Record and Guide says in its
s.st issue regarding the real estate situation in
sa-ooklyn and Long Islani in part follows:
.sTge condition OF the real estate market in
-,-ookivn last week was good and was a worthy
xucoessor of the previous week. which contributed
numerous good sales the market. Dealing last
;sraek was widespread and demonstrated that the
general investing public IS taking great interest in
zeal rroperrv With the effects OF the panic OF two
wears ago dispelled. the public has become con-
-inced that real estate after all, is pretty good
commodity.
Real estate is cne OF the last things 10 feel the
effects Of panic and when II does. as it did during
Igs il is very slow 10 recover. That # has re-
covered the activity Of the week furnishes ample
svidence.
From Long Island good news comes OF high
prices broGght for acreage II shows that while
interest in island real estate wavered for while.
# has not lessened. II appears that considerable
selling is taking place there that is not being
ported. Sales Of acreage the east end OF Long
Island have taken place recently at prices that
would have seemed fabulous hve years ago.
Indications that assessed valuations in
Queens Borough viii be increased during the COM
Ing year Il is worthy OF notice that there has
been 100000 and more worth OF buildings in
Queens Borough far this year. II Is a magnk-
fcen showing i face OF the fact that the borough
has definite assurances OF direct transit
municatOn with Manhattan. II the assessment
rolls increased only 10 the extent OF the value
OF new buildings. il viii make increase exceed
ing 100000. Queens Borough deserves a good deal
because its property owners are never backward in
paying tlieir assessments In fact, they have long
waited patiently for the city TO collect them and
have stood unnecessary interest charges we'll"