New-York tribune., 1914-12-21
Some Properties Recently
Bought There Resold
at an Advance.
36 OFFERINGS IN
THE WEEKLY BUDGET
Partition Sale of Seven Butter
field Estate Parcels
Tomorrow.

lOHmOTTOW.
The real estate auction market IS I'M
proving gradually. A month ago the
majority of properties sold IN the Nesey
81. or the Bronx salesrooms IN fore
closure proceedings were bid IN by the
plaintiffs at a sum considerably below
/ the total amount Of the sum due on
/ the premises Equities which repre-
sented the savings Of lifetime we're
wiped out in a jiffy.
Within the last few weeks, however
a marked change for the better has
been noted In the auction markets oil
the greater city. Several parcels ln
The Bronx and a number IN Manhattan
have been sold in foreclosure at many
/ thousands above the sums due, and IN
some other instances properties when
have changed hands at forced sale
under the hammer have brought more
/ than the plaintiff expected, snd later
have been sold at an advance.
One of the wideswake real estate op-
orators who have been picking up some
Of these auction plums is Jacob j. Ia
bolt. A report OF his recent successful
operations of this character was print
ed in The Tribune last Saturday. Inc
writer of this article stood alongside
Of the auctioneer in the sale when the
five story double lathouse al o. Mest
Tooth ST. was lately sold to Mr.. sbolt.
Soon after the sale one OF the mos
prominent figures In the Nesey II. sales
room said: THAT house which Mr. a
bolt bought is one OF the best auction
bargains that were ever purchased I'D
this room. ! wouldn't be surprised TO
hear that he sold II In few day a.
a much higher price than he paid iof
it," Other brokers present were OF the
same opinion. Last Thursday Mr.. la
bolt resold that house.
All told. there are thirty-slA prop
critics 10 be sold in the auction market
this week OF that number twenty are
Manhattan parcels IN foreclosure and
seven are offered IN partition proceed
ings. In The Bronx there arc nine IN
voluntary offerings.
The voluntary offerings comprise
well located holdings Of the Butterheld
estate. to be disposed Of IN the Nesey
ST. salesroom on Tuesday by AncuoneeE
Day
The first parcel on the auction ilst
arranged for the Nesey 50. room this
vook is an Office and store building al
the southwest corner OF Wall and Pear
SITS. II is a long time since a parcel III
the Wall ST. section Of the city mas
- .cbod,i.d IA bo sold under the
peen scHeqIleu ,,, 20 dno d IL = little more
than 1922 300, plus taxes and interest
amounting 10 about Sl1,tOO.
The weekly auction budget IS a. iol-
lows;
TO-DAY
A. a Nsg So.
b. lfrrrr Brady.
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e.e tqt5 sS- ~ lave. e.. SIl70D -.
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BATHGATE Az. 1875, $ -J1l s -''llu ll -.
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de. 8. $50 s3. taxes e'c. go
TUESDAY
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~ ! Hirsh cf al. Rlsmau. J.. 4 4, l. ai+s'
J. HOFFMAN ref. partition. 49,,
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e. 6sr,i,io1 ..
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>'IH sI. l-'-!-- 4 "a MI. -, 4 Toll a. af:
,,-.-, az sif,s. T. Gatcns re-. due. $50
6Sr. -. St. S2l5O
', I'D srI soc blg. Union Mig 60 at Auel
u sIts 60 et sl. Merrill & +. siils. u Morn
Son. rff due t16s.o1l o. ta1c,. e.. -, 'ts,cos
eirH ST. ~ T. e.. ESQ f4IH s'i ii..'5lrr5
.ty teumt. y Gio'cr az h.cfei Ho-.'',,.l l,..
s.Is54 O. ia1e5. etc. il.lss ..
By Henry Brady.
,,.rtt ST 1oz = u s. 20 e Park ~. lsKioo \. .
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