New-York tribune., 1911-10-01

finding in the real estate market in the
last month clearly indicates that the ma
jority Of budgets of autumn sales will be
Of fair size and particularly notable for va
rety
Big buyers are active in most Of the prin-
fipaI districts where large sums Of money
are necessary 10 perfect contracts. And in
the medium price iathouse areas the ranks
Of the small buyers make a formidable
showing.
A broadening OF the market for property
I'm >57th street between Madison and Sixth
avenues, was reflected last week In the
private sales made.
In and near the Greenwich Village dis
trict important speculative purchases have
recently been features. one Of the princi-
pal transactions there was the sale by NJ
A. Small Of the premises No. 7IG and us
! Greenwich street. southwest corner Of
/ Charles street, five story hathouse with
three stores to the Colfax Realty Company.
/ The house has a frontage Of 40 feet and is
/ $40 feet in depth.
TIE previous transfer OF title 10 the
| premises took place about seventy-six years
ago William 2. Jones & Son were the bro
kers in the present sale.
/ A freproof mercantile structure is 20 be
/ built on a plot of 1850 square feet at the
southwest coruer Of Washington and Clark
son streets. The property is No. SIS to jS2
| Washington street and Nos G2 and Ga
/ Clarkson street. 1t was sold a few weeks
ago by the William II. Whiting Company
for Kantrowitz & Esberg.
! The 81. Johns Park Realty Company
! James II. Cruikshank and William d. Kill
patrick which has figured so prominently
and successfully in the work Of transform
ing the village from a sleepy centre Of
old fashioned business buildings. dwellings
I ard hathOuses into a wdeawake wholesale
business bailwick is stil operating brill
/ antly there. II lately bought the premises
| No. 155 to 159 Perry street a plot 66Xl00
feet from Charles II. Coddington through
G. l. Haskell A modern mercantile struct-
ure will be put up on the site The prop
erty was owned by the sellers family for
/ about thirty years. adjoining this Perry
street parcel on the west is a large plot
being improved by the McSweeney Realty
Company with a six story business building.
the McSweeney company bought its site
from the Messrs. Cruikshank and KIlpat-
rick's company.
The extent Of the demand for well built.
modern business structures in the vii
lage" is reflected by the fact that the
building planned by the McSweeney Com
pany has already been leased from the
plans. and negotiations are pending for the
sale of the property to an investor.
Two other important downtown transac-
tons recently reported were a resale of the
six story loft building Nos. rs and II
Greene street and the sale Of the five story
loft structure No 5}4 10 j3S West Broad
way. The Greene street building occupie;
a plot 40xl00 feet. II was resold by Godfrey
b. Moore for the Emanuel Lehman estats
10 julius Tishman, who owns the premises
Nos III and 49, adjoining Mrs. II. A
De Long and Mrs A. T. Carroll were th'
owners Of the West Broadway parcel, the
dimensions of which are 65.iX7jx90 feet
After extensive alterations have been made
the building viii be occupied by the buyers
Pessagno & Montressor, agents for Can
cia's chamuagnes.
Besides these downtown parcels. a mar
ket has also recently been found for d
Pearl street building. with stores; Jane
street Aathouse and a Duane street site.
A Bright Speculative Zone.
South and southwest of the greater
b Grand Central Station some well known
investors and spectators are adding tC
their realty holdings. Buying of that char
acter in the district Is likely to continue tC
be one Of the predomlnatlng features Of
the remaining months of the autumn sea
son
f. IT, Peck purchased about two weeks
- ago from F.. l.. Rodewald the five STORY
70 American basement building No. "a Eas
3 10th street. on a lot 25xsS9 feet. The prop
erty faces the Murray Hill Hotel and Is
5 l55 feet west OF Park avenue. Last sprinl