Omaha daily bee., 1910-04-24
TIMELY REAL ESTATE GOSSIP
Union Pacific Spends Big Sum for
Freight Depot Grounds.
BUILDING RECORDS FAVORABLE
First Three Months OF 1910 show
Gain in Permits Issued-PrOfit
in North sixteenth street
Deal.

Real estate showed pronounced activity
last week and some big transfers OF city
property were made.
The Union Pacific has secured all the
ground that II wants az present upon
which TO erect its new freight depot at the
north end OF the Tenth street viaduct, and
the amount expended In obtaining this
property will amount to approximately
800 600. To this will be added probably
100000 more for erecting the structure.
This property was quietly bought by va
rious parties for the Union Pacific. The
negotiations were carried on by the NC
Cague Investment company,
The erection Of the Union Pacific office
building at Fifteenth and Farnam streets
will have a tendency to Increase the value
OF property and real estate men are opti-
nistic over the future OF that section OF
the city That this huge structure and the
one to be erected by the Iten Biscuit com
pany will afford a nucleus for building
operations In this section is the belief Of
most real estate men.
A comparison for the first three months
OF 1910 shows that more permits have been
issued for dwelling houses than were dur
ing the same period in 1909. Last year 2ll
permits were issued for dwellings. while
this year there were 2iS. or this number,
GSs were for frame houses and fifteen for
BRICK or cement. The money expended IN
this period last year was S5S4SJO, compared
with $6ii5sO for 1910
January of this year was the only month
In this period which. fell behind last
years figuresa aand this was due to the
cold weather experienced at that time.
Permits this January called for an ex-
penditure OF Si6O.ss0 for dwelling houses, as
against Se,4OO The other months show
an increase.
That the value Of PROPERTY along North
Sixteenth is increasing is bore out by the
fact that a property which was bought
four years ago for $4,000 sold for $32,5OO
spot cash last week. This property is
located at 5I4-1s-1s North Sixteenth street
and was sold to L. Krahe of Fullerton by
f. NJ. F. 'Leflang. The deal was made by
T. W. Hazen. Aside from profit OF
S125O0 on the DEAL 1t is said that Mr..
Lefiang received $500 and per cent net
on rentals. The building Is occupied by a
grocery store meat market and jewelry
store. Those who are acquainted with
conditions along that stgeetysay that other
property values have increased proper
tionately. ~
The following resolution was adopted at
the meeting Of the Omaha Real Estate ex-
change held Wednesday:
Resolved. That the Omaha Real Estate
exchange requests all householders to fiji
out their census blanks at once to save
the time of the enumerators and u aid
hat oil
those who have not received the blanks
same
Miss Anna Downs has sold lot and two
modern houses at Thirty-first and Marcy
streets to Albert F. Gilman for $1,000
William Gosh has contracted with Hast
ings g. Heyden for five-room cottage to
be built for him at rwenty-fifth and Ames
avenues.
Hastings & Heyden sold six-room house
on Lothrop street, between Twenty first
ana twenty-second, TO William zitzman fol
a home. The price paid was 1880
Or. Fred Simon of Oakland, Neb., has
purchased home at 1909 Emmet street
He paid $4,000.
An Indication of the activity Of Omaha
real estate at this time is Illustrated by
the number OF sales that have been made
by Hastings q Heyden since the first Of
April. The number OF parcels OF land and
houses that have been sold by that firm
TO date is forty These sales not only in.
clude city property, but deals made In the
suburbs Other firms OF Omaha have Ions
lists OF exchanges that have been made
ard 1t Is the general belief OF real estate
men that this viii be record breaking
year for the transfer. Of Omaha property
In almost every instance the deals have
shown a profit.
The residents In the vicinity OF the FielC
club are assuming the role of agricuIturist,
and this weather has inspired many II
that section to get busy with the spad,
and the hoe.
Too much outdoor work for any in
door meetings." said w. A. DeBord, prssl
dent OF the Field Club District Improve
ment club last week. South Thirty-fiftl
avenue is one Of the busiest agriculture
communities in this part OF the state
With White, Adam, Guild and Kohn al
fixing up new places. sodding, putting ii
shrubs. fruit and shade trees, they hav
30 impregnated the air with their aetivit,
that 1t is catching and keeping Haarmann
stoltenburg and oil the rest Of us bus,
staying with the procession.
Uniform tree guards were set on ever,
treo in the street this last week
Commissioner Flynn had his gang ou
and swept things up as clean as a kitchen
floor, while Councilman Schroeder had tn