The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-07-19
NEWS OF REAL ESTATE
AND BUILDING NOTES
Sales Of the Past Week Were Mainly
on the Small Order in City
and Suburbs.
BIG TRANSACTION LEAKED OUT
Bryan Estate Bought Florsheim
Property on Seventh Street-One
Hundred and Thirty-f1ye Thousand
Dollars tho Consideration.

DOllQrS inc Considerations.
THE real estate situation in Rich
!nond is something IN the nature Of
summer solstice. or, to put II in TWEEN
tieth century language, II is In holi-
day condition" Thus spoke n promi-
nent real estate agent who talked very
BRIEFLY yesterday morning with the
man OF news, and while no talked no
kept on hopping the Precipitation from
his brow. Being urged 10 explain o
little bit further, this persp!ring agent
said: The general situation IS dull.
The summer vacation Is at hand: looks
like ell OF the people. mat Is. all who
arc interested In real estate. are tax
ing a holiday: certainly all OF the buy
e-s arc doing just that thing, that Is
II may be allowed to judge from my
own books. And the agents. too-they
are taking their day off. that is. such
OF them have sense enough and
cents and dollars enough TO take ad-
vantage OF the summer solstice. or
whatever you may call IT
Richmond real estate agents arc
to-day scattered all over the holiday
making country. that Is TO say. from
Virginia Beach in Virginia and some
resorts down In North Carolina up to
Atlantic City. Niagara, and away UP
into Canada" This agent seemed TO
speak adv!sedly. and l guess he told
the truth. for in many real estate
Offices where called yesterday
found many desks idle In response
10 the big Interrogation point ! put
over each vacant or partially vacant
desk came the stereotyped reply: He
IL off on vacation"
THOUGHTS FROM THE
However. there Ia a home contingent.
and the members OF the contingent arc
very busy men They have charge
o. the rental and quick development
end OF the various shops. AS to the
rental end. the agents tell me that,
notwithstanding all OF this talk about
low tariff and duh times. they have
calls for many more houses than they
can supply. There never was year
said rental agent to mo yesterday
when we had fewer homes TO rent
IN the middle OF july than we have
this good year"
Tho rental agents tell me that a
great many OF the people who thought
they did not like tneir former posi-
ton and condition. and accordingly
gave notice o! "qu.ttar have changed
their minds and have closed contracts
for Old quarters at the same old rate.
and that the many newcomers within
the city have taken up very many OF
the options that were open. In this
way tho rental agents have been hav-
Ing = busy. as well as a very satisfac-
tory. time. but their lists have no,
been exhausted by a right large ma
1or!ty. and they have many homes and
residences yet TO rent between now
AID tSe nrst OF September. any
other old date.
SOME THOUGHTS AS TO RENTS
FOR WORKING FOLKS
Ths fact Is that the building boom that
has been on all summer has resulted In
the completion OF very many homes in
the suburban regions built by former
In town renters" and these same peo-
pie are now resting under their own
vine and fig tree. The building boom
has caused the rental agents TO look
Tor new customers for the more or less
cheap houses they had TO rent, but the
increased rush 10 Richmond OF work
ing people and salaried folks, in re-
Spouse TO the industrial demands OF the
hour. has brought forth tho new Gus
toners However. there is no denying
the fact that rents FOR these classes OF
people are too high in Richmond.
An agent expressed himself to the
man OF news yesterday in somewhat
the following language: Yes, have
the places 10 rent for my constituents
and am renting them along in a slow
way. when the renters can't do any
better here or elsewhere. but -
And there he stopped. He Is an agent
and he had his constituents. and must
look TO their interests. and he was per-
haps AFRAID to go any further than
but -" But The Times Dispatch is
not afraid. The fact Is, rents for
working peoples quarters are 100 high
In Richmond. That is saying enough
70! the present
ONE GREAT BIG SALE
THAT SHOWED UP
The sales for the past week were on
the small order il the main. bur there
was one big sale tina, was made In
quiet way. and the agents through
whom il was made were disposed TO
keep IT In the background, but some
how It leaked out between the lines
The highly Improved property on North
Seventh Street, between Broad and
Marshall. known as the Royal Laundry
property, and heretofore owned by NJ
B. FlorsheiIn. was bought through
Pollard & Bagby by the Joseph Bryan
estate. and immedia tely after the sale
Mr.. Florsheinl. the proprietor OF the
Royal Laundry, entered into contract
for fve-year lease of the property
to continue II heretofore as the
Royal Laundry. II is understood thar
the Bryan estate paid sl35. 900 for the
property.
All OF the other deals that have come
10 the surface were on the small order,
and mostly Of residential properties
within the city limits and out in this
suburbs and beyond numArous f,rr,