New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-01

The real estate market last weak was
extremely dull. In fact II reached It's
lowest ebb Of the summer season. The
little trading announced was chiefly con-
nned to the selling OF dwelling ana tene-
ment house properties. After the coming
week many OF the brokers predict that
the market sril brighten, and they look
forward 10 a prosperous fall season.
Those OF the brokers who are agents OF
apartment houses were kept busy during
the week, the number OF apartments
rented. according to them, exceeding that
of the corresponding week last year
OF the little trading reported in the
week. old Greenwich Village section fur
nished a few sales 1t was reported that
tho northeast corner OF West 4th ana
Ioratio streets changed ownership.
The corner Is owned by Sidney Colo
smith It Is a three story and basement
dwelling house OF ancient construction on
a plot q feet in Horatio street and 20
feet In West 4th street. The property
adjoining. which is said % have changer
ownership, is Nos. ga and GAS and has
been owned by Deborah and James New
ton since 1899. This house, Ike the one on
the corner, Is three stories and OF type
that Is fast disappearing even IN the
Greenwich Village section II measures
d feet In the street and is = feet deep.
4 few weeks ago the remainder Of she
West 4th street frontage Zip 10 Ganse-
WORT street was reported sold 20 . builder
for Improvement with a loft building This
plot measures i0OXl00 feet. The general
belief is that somebody is accommodating
n plot for an important structural i'm
provement
The State and City Realty Company,
Frederick G. Glsey. president, has pur-
chased from c. Geston Barclay Nos. g
and IS Bank street southeast corner Of
Greenwich street. a parcel S?x52x irregu'
lar, containing about 1000 square feet. IL
IS within one block Of the proposed new
market. and has been held az $500. The
y. W. Benner Company represented the
purchaser.
Richard Croker. the former Tammah|
entertain. believed that real estate was
one Of The best investments. That his
son. Richard, jr.. is OF tie same opinion
was further evidenced by his adding 80
bis string OF holdings. Through Cross 4
Cross he purchased the eight story lott
building at the northwest corner Of East
End avenue and 79th street. The prop
erty was held ct $4,000. but how near
10 this figure was the selling price the
brokers would not say. The structure IS
Of recent construction, and II said TO 10
among the best built loft buildings in that
part OF town. It was erected by Joseph
Hemerslag, and stands on Il plot 100 feet
on East End avenue and rs feet IN 18Th
street. Opposite is the East River. II
wes said the building is fully rented, end
al rents which total s3i 90 a year.
The Security Bank, which controls a
chain Of banks in the city. sold the struct-
ure occupied by the Twelfth Ward Bank
70 the Howard Hudson Company, com
posed of investors. The property. which
fronts so feet in 125th street and 100 feet
on Lexington avenue. has been held at
100000, and the selling price " said 70
have been close 20 that figure The bank
all continue to occupy the building as a
branch. having arranged a three-year
lease with the new owners. The Lexing-
ton avenue subway Will pass the property,