The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-04-16
REAL ESTATE AND
BUILDING lew S
Broad Street Property
Is Much in the Lime
light; Big Sales.
SOM E FIGU RES
THAT TALK LOUDLY
The Advances in Prices That
Have Come Within Seven
Ycars-No More Wrong
Side on Broad Street.
Sales All Over City
and Suburbs.

There has been not little Of excite
ment and hustling among the real es-
tate agents for the past week There
has been a lot of business on hand
and a heap OF things TO think about.
Some of the old stagers are shaking
their heads and wondering what the
youngsters arc going to do next In
the meantime the youngsters are keep
Ing right along with their hustling.
and they are doing things. too. while
the old fellows arc scratching their
heads and wondering what next.
q curious thing about the real es-
tate business in Richmond is that "A
large number Of the nrms doing bust
ness real estate agencies are made
up OF old fossics and youthful hustlers.
Possibly the majority OF tho concerns
doing the most business are thus made
up Maybe tina, is good Idea. May
DC tina, is what is Keeping things in
good shape-thc old fellow a, the helm.
steering with all his might FOR con
servatism. and the young fellow at
me rudder or somewhere else. or any
where else OH the ship fighting for all
he Is worth for big things and yet
A bigger things. The two extremes bal
ance the ship. and maybe II Is mighty
good thing FOR old Ilichmond that al!
" the ships of state, mean real cs-
tate. have these balance wheels, the
old man who has been. and tho young
fellow who Is just going TO be.
Ii must be said that tho old fellows
are getting a little bclated. and II
they do no, look out, pretty soon the
youngsters are going 10 force them
around into some Kind OF dry dock
for repairs
Good for the Youngsters.
Certain IL Is that the young got
In their work last week. and that work
foots up a whole lot OF money. Well.
,the old fellows had u hand In the do
ings ana they are entitled TO much
credit, hut IT IL had not been Tor the
youngsters the sales Of last week
would not have footed up q round ST.
10000 as they did do. These foutinGs
would not have bern half 50 large but
for me Broad street transactions. ana
am told that the young men lad
tic most to do with that l5rond street
hustling But. let's come down 10 'he
real facts: i
There was business. and good deal
Of IL. all over tho city and away out
In the suburbs. residences ana nome
piaces. and building sites and nus,-
ness sites being sold all over town
and away out yonder, and farm Janus
were sold by the rural agents TO bea'
the band. and all that kind OF thing
nut the fact remains and the fact is
that the big business OF the week was
done on Broad street, and for TACT
Broad Street is really in the lime
light all the day long as we'll as In
the electric light all the night long
Facts OF seven Years.
And talking about Broad Street
property one gets kinder dazed when
ono comes to think of the evolution
Of say half dozen years
In 1908, that is to say. in tho early
\ months of that year. the then baby
firm OF Green & Redd made big MT
A ,t,,,r Or RI 4
Meyer the store house No 3l3 East
Broad Street for s:9.75o. All OF the
agents In the town congratulated the
young fellows on their big sale, but
some of them. with shake OF the head
asked in confidential way. How did
YOU hoodwink those folks!' and really
the propoundcrs OF the question
thought that the Meyers had been
hoodwinkcd or swindled. or beaten out
of their wits.
That was seven or more years ago.
Last week. under the hammer tina
same property brought saaooo. ana
they do say that Mr. flountree. who
bought it was in position ana IN
the humor TO pay at least $4,000 more
for 1t IL II had been necessary, and
Mr. Rountree was buying for an In
vestment only.
Some Back Thoughts.
And talking further about Broad
! Street property 1T may be worthy OF
remark that four stores near Broad
and Sixth Streets that seven years
ago went begging at any old price and
were finally sold al 100000. cannot be
bought to-day for less than 100000.
This property on the south side Of
Broad. known as the fright SIDE" is
now a part of the Miller & Rhoads
stores, and takes in ninu>y- three feet
On athe opposite side OF the street,
known as the "worng side" of Broad,
twenty-nine and half feet sold last
week for $4,000. That seems to be going
some This sale. AM IT was an auction
sale, mind you. was pretty big thing,
& but that was not the biggest Broad
Street proposition The largest deal
OF the weeK In Broad Street property
was completed by the recording of the
deed by which w Withcrs Miller and
wife conveyed TO DR.. John r. Davidson,
the property at the northeast corner
OF Broad and Second Streets. known as
200 and 2o3 East Broad Street. c. l.
and II. l.. Denoon effected this sale, and
while the deed recited a nominal con-
sideration. the tax paid indicated the
selling price to be 100000 M
This is the second time that this
property has changed hands during
the past thirty days, MIR. Miller hav-
ing purchased the same through the
irm of C.I..& H. L. Dcnoon less than
thirty days ago ut the price OF $4,000.
During the past week the same firm
also sold for Dr.. John p. Davidson the
four brick stores, i12. 4l4, 416 md
AS East Main street, at the price OF
$4,000.
business All Over Town.
~ But the business of tho week was
not confined to Broad Street, not by n
great deal. Green & Redd report a