New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-08
ENhctiOn Markets
1qG1edter City,
Fen Offerings Indicate
Better Realty Conditions

Confirmation of the Re-
port That Money Lend
erS Are More Lenient.
The auction list to be disposed
Of this week in the Vesey st. and
Bronx salesrooms Is short. There are
seven Manhattan and seven Bronx prop
critics scheduled to be sold, all at in
voluntary sale. The small number OF
parcels forced into the auction market
is certainly an indication that the
ranks of the property owners who are
financially embarrassed are not so big
as reported at various times in the last
few months. Hence it is logical to as
sumo that the majority of rentpayers
are meeting their obligations promptly,
or. at least, in fairly reasonable man
ner.
Another thing which the smallness
of the auction budget seems to confrm
is the report that nearly all the money
lending institutions have assumed as
lenient an attitude toward the realty
men in distress as they possibly could
Il is said that in many cases where the
borrower lacked the full amount TO
square his indebtedness and his real
estate was found to be in good order
and to be a profitable holding the re-
naming sum due was placed on the
premises in the form of second or
third mortgage, according to the num-
Der of the prior liens.
On numerous occasions careful
ANALYSIS Of a realty wreck has shown
that the property got a blemlsh IN
being forced into the auction market
through the owner getting flnanclaily
entangled outside of the realty sphere.
As quickly as the rents OF the properly
were received they were used by MIN
in other ventures. When the DAY came
for paying on his realty Indebtedness
he had not only no cash, but no re-
sources to convert into cash, 10 square
his bills.
some people say that over 40 per cent
of the realty failures OF the last lew
months are traceable to losses IN
business outside of the realty walks:
However. no matter what the cause OF
The disaster that overtakes a properly
owner and makes h.m a defendant IN a
foreclosure sale, the property ltsei 10
usually blamed for the misfortune
Among the properties in the auctlon
budget of this week is the hathouse 70
West 34th ST., almost opposite Ihe
Manhattan Opera House. The sum que
nn tbis property Is about $4,000 JUST
east of this site, on the westerly bioch
frnn+ in Eighth av. from 33d to Gath
81 twpnty-two story printery IS TO
10 erocted in the near future. The land
~ no en- improved is valued at $1,000
GoO and the structure will cost ABOUT
e. 200 900. The fathouse property
ouoht to prove an attractive onerihg u
oyperienced real estate traders: 3,
Other offerings for the week tolIo"'
TO-DAY
At s2oS Third av.:
Nv James l. Wells Company.
mActAY Az, s. 1872 10 Zeresa, Az lSSgs' a. Nv
White agt Hogan e. a., Mli's sIc si5S 20
sF NoI H. Fs' aI iso i % zerssi a.
"S NJ White agt d DAILY ct q: W Nm, s,e
atty: Moore. ref: due. si'' Vs. taxes e'''
SOUS - TOMORROW
At II ye.e, St:
BY Joseph p. Day.
sly tenm, city Real H't,'e r Go asS ref; due
S3i $50 80; taxes, etc. Nl'lo ~
BY II Mayors
ORCHARD ST. "a. l5s IAN Ssna a. KIfshbsum
25IIss 3 siy t enmi ana ''G't G;spsi atty: "
e. ,GI dur s., s6s 50: tszts. etc SIS.
oN WEDNESDAY.
At Il vcsey 81
BY Samuel Marx
I'D ST. 1923 W 2i5 ,,,oG Co luz s'w 55rt
G w & Il attys: p j Dobson. ref; due Si''-
MoSIGoMFsY 81. 20 school i3 Mdtropo hSa say
I'LL ast II sSrasohn ct al $ w Hgc en-
taxes. a' etc. iHli5s5.
By d. p Ingraham Co.
18Th ST. 1876 E. s.sj Lexington ss} A. Kea9 cane
~ al. G Wood. atty: w Larremore' ret' que
Sis ESQ 80 taxes. etc. S29s
By Joseph p. Day.
,u,u CT &c z SIS ss Park av. l6Xloo Il.
sty dSie; Franklin say Bank agt Belle bl ISa
ct al; " N Powell. /, a5ty; Conn., 'e'' uD''
s707i Al: taIes. etc. SOS 80.
At 32os Third
BY Joseph P. Day.
mEt SIi fisk s s.7inss Institution sgt Angelo
Rezzano ct al: Il w Doughty. ss tX}S' hN's'''
ref: due, 81, ass 40: taxes etc. siis 50.
By J. H. Mayors.
NAN urs1 Az SSo n :, 30 GARFIELD az. 25H
I'm i A Butler ct AL eXrs. agt Edw Brown eI a.
g r Corner, atty; d L Coin. ref; due. S5'0'0 'V'
taxes, etc. fl.l72 49,
on THURSDAY.
At IA Yesey ST.:
By Joseph T. Day
a7rp ST. 252 W S. 225 Q Sth ay 25xlOO >; sly
tcnrut and stores; Hannah Cohen agt
Realty Co Ct al: Morrison ;. attys; MUSES.
CoNen ref: due. 81. JjS 10: taxes ETC. 'foV'
AT 1908 Third av.;
BY Henry Brady.
uopeIs Ay. eT7-679 s. 80 n 1854 st. 591lOO:
3 sty tenmt and stores: Anna Gtblet Az Ssne'
C,inningham ct al: simmons. q IL. h'ys'
Phmnir Ingraham ref: due. S3i'so' o. taAes' e'''
BY Joseph =. Day.
OAK TERRACE, sOi S. 100 BeekInan az ~, If1a
ian. . stv dag: VI Estner agt siginind hong
Of al: NJ Kudlch, atty; 1ieseHch' ie''
due S5.73l -; taxes. etc. sI'S w.
by J. H. Mayors.
uArson Ay n = Castle Hin sS lOoNlVs.
So Watson sy 5 e. sos Castle Hii az. oVA-Ie
., RIsckrock ay; G. Buckley 81 al. trus' ag
Gol6raIo Realty Co e al: Eugene Berry Atty
Joseph Kaufman. ref; due sII'os- oV' 'SA'''
etc $500.
RECORDED LEASES.
FEBRUARY 6.
Manhattan.
9Th Az. 655 all Louisa faeE ct al i1,l T,S S'i,