The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-12-30
ALL RECORDS
ARE BROKEN IN
REALTY SALES
Actual Transfers for Year in
Neighborhood of
SIS, 100000
AGGREGATE MILLION
DOLLARS MORE THAN
LAST YEARS RECORD
Building Operations Exceed
Those of 1910 by About
Two Millions-An-
other Big Building

Real estate sales In Richmond for
the year 1911 will exceed those Tor
the preceding year by fully $1,000
600. according to rough estimate
by w. e. Purcell. Jr.. who perhap,
has more figures on his finger tips
than any other many In Richmond
when it comes to a question of real
estate.
Mr.. Purcell recalled yesterday that
sales for 1910 amounted to SIS.
e5s and this means the sales that
actually went to record. He esti-
mates that the sales this year will
aggregate not less than $lt.5oo,0eo.
Figures for the three preceding
years are as follows: 1909, 1854
2s2: 1908, s6.l72.54o: 1907. s6.5ls.-
467.
AS to building operations. they bid
fair to exceed those OF last year
by at least $4,000 zoe. according to
Inspector Beck, who Is now at work
compiling his last batch OF figures for
the year. In 1910, total permits for
new work and repairs amounted To
100000. The permits for this year
will aggregate fully s6,ooo,0 00 worth
of work. Mr.. Beck estimates.
For the month OF December. TO
date. the tors! OF new work and re-
pairs Ia approximately $4,000. an
Increase of 100000 over December.
1910.
Unprecedented Activity.
Never in the history of Richmond
has there been such activity In he
building line In the city. One sky
seraper was completed during the
year and another Is making rapid
strides skyward at Ninth and claim
streets The forrrler 10 thirteen
story structure and the latter Will
have twenty stories.
There is talk that the Virginia Rail
way. and Power Company VIII begin
erection Of "A skyscraper al seventh
and Franklin streets, opposite the
temporary postot..ca building. the
structure to serve The purposes of ar
Office building for the company. Plans
to erect the building are said to haNe
been recently adopted by the dsrec'
tors OF the company.
One OF the big building projects III
the year was undertaken by ths
Richmond hotel when IL started erect.
ing a ten-storv annex t. ,he Eotsl
which will be raised TWO stories to &C
cord with the height of new building
Near by preparations arc under wa,
for erection of an eight-Sturs build
ing at Eighth and .sTac. streets, u
hs known as the Wallerstein Hotel. ir
honor OF its chief promoter. Henry
5. Waiierstets, who is better kno~i
as the Napoleon of the local reait,
world. This. project. however, vii
rightly be c.assed as 1912 work. The
new $1,000, 900 posiofiice Is classed Al
1910 work, the permit having beer
issued during that year. 1t VIII b
ready for occupancy in the coming
spring, according 10 the present in
dieations.
A permit was issued during 1911
for the 100000 college building beins
erected BY the University College Of
Medicine at Twelfth and Clay streets
This building Will also be completed
In the spring, unless the unexpected
happens.
Nearing Completion.
Several big warehouses and similar
structures begun earlier In the yea
are now nearing completion. notab!,
the spacious four-s.ory brick ware
house OF the Richmond Press. at Gov
ernor and Ross streets. A tobacGs
warehouse OF some proper tons wa
also put up. this being at Sixth ant
Cary streets. John A. Hutcheson Wal
the man behind the project Anothel
large structure for warehouse ant
drying purposes was erected by thu
h4t
The cornerstone was laid during tn,
early fall for a new home for Asbur,
Methodist church. at Park and Allei
avenues. the work being now well un
der way. This structure will cost full,
$4,000. not including the cost Of tn
site.
Grace Street Presbyterian church
recently placed its site at Fourth ant
Grace streets on the market with thu
ctu vSlf bat 49,
will build In the West End in thu
event suitable price is obtained.
Westminster Presbyterians recentl.
completed "a handsome house of wor
ship In the West End.
Several churches have undergone
considerable repairs during the year
the cost running well up into thu
thousands. Notable among these i
Leigh Street Baptist and also vena
BILE Street Baptist. Park Place Meth
od!st In now undergoing material re
pairs In the interior.
Mr.. 6eck's Work. ;.
One OF the features OF Inspecto
Beck's work during tho year was hi
condemnation Of several churcl
sseeplss which he pronounced as beinl
; dangerous. Others were ordered 4
be repaired. Two OF the churche
which lost their steeples as result
OF the inspectors orders were Broa,
Street Methodist and Seventh Stree
Christian. Another was the Efrs
Presbyterian church at Grace AM
Madison streets
Conservative estimates for tho com
ang year foretell = moro prosperou
one than ever before. Realty value
are expected to so even higher, thai
this year. and 1t II foregone con
clusion that nothing, short Of q pant
ON stop the building boom whicl
70 without precedent.
Richmond's. growth In tho West En-,
aqA Other suburban sections. while no
f0snfiausA . fourth D1gAS