36
 

Record   and   Guide.
 

Jannary 9,1892
 

prosperlty ot the country at tbe'present time also justifles this improved tone
In the market. General business e-'erywhere is picking up and the profits
from much of this increased business will naturally seek in real estate a
safe and souud investment. There is one thiog that is very important to
remember just now, however. Tbere is no room for a boom of any kind.
There i3 nothing to jiiitify it and its after effects, should it come, would
be very much worse than the stagnation of 1891, which, after all, was
only the cessation, not the ruination o£ business.
ths^auction ma^kbt.

This has been an uninteresting week in the Auction Room so far as the
general market is concerned. With two exceptions all of the offerings
were of a legal eharacter. Of these two parcels only one, No. 455 West
18th street, which Richard V. Harnett & Co. offered, was sold. It
was a lot 2,5x92, with two tenements thereon, anJ it sold for $16,100. Of
the small list of legal sales, which comprised the rest of the week's auction
business, the raost iuteresting was tbat of Nos. 152 to 150 Wooster street,
near Houston, on Monday. The plot, 75x100, is occupied by two six-story
brick buildings, which wcre erected by Patrick H. McManus, who raade
an assigument a short time ago. One of the walls of these buildiugs was
erected in a manner not satisfactory to the Building Department, who have
ordered it taken down aud reconstructed. The sale, which was under fore-
elosure, was made subject to this order. Doubtless this fact explains to
some extent ihe flgure, $116,000, which Auctioncer WiIIiam Kennelly
obtained for the property, but it seems very cheap, nevertheless, for
it will probably take less thau $10,000 to rebuild the wall in dispute. This
seems to have been the opiuion oE the general market, for Heilner & Wolf,
the purchasers, were offered a profit before they left the Auction Room and
they have already completed arrangeraeuts for reselling it. The contract
of sale is to be s'gned this morning. so a raember of the firm said, and until
itwa.<i signsd the name of the bujer and the price would be kept secret.
The remaining sales were small and uuimportant in character. Next week
there will be a Uttle improvement in the number of parcels offered, as well
as iu their general interest, butnot until the following week will the anction
season commence iu earnest. During that week there will be offered a
nurober of fioe and attractive parcels, the forerunners, it is to behoped, of
a stroDg and busy season. Next Saturday we will describe these important
parcfls in detail and give any mteresting bistory in regard to them that
ij ohtainable.

Ou Tuesday, January 12th, Thomas S. Walker, of Hall J. How & Co.,
will sell by order of the Supreme Court in partition the valuable premises
Nos. 144, 146 and 148 West Broadway, corner of Beach street.

On Tuesday, January r3th. Richard V. Harnett & Co. will sell the brick
tenements and stables at Nos. 4-^9 and 4.S1 East 12th street.

Ou Wedaesdav. January 20th, .Smyth & Rjan will conduct a very
important sale by order of the Suprcme Court in partitioa. The property
offered includes No. 204 5th avenue through to No, 11'24 Broadway—ou the
samo block with Delmonico's and the MaJison Square Bank, now occupied
as Schaus' Art Gallery; No. 194 Worth street, through^.to No 6 Mulherry;
and the desirable five-story factory building, Nos. 516, 518 and .520 East
17th street.

CONVEYANCKS.

1890.                         1S91.                    1891-92.

Jan. 3 to 9,              Jan. 2 to 8,   Dec. 31 to Jan. 7.

\nclus.                       ÍDclus.                      inclus.

Number.........................             287                             .150                             335

Amount involved...............   85,693,916                    $5,8T0,7i5                   $5,508,417

Number noniinal...............                77                               111                               106

Numbcr'i^d and-.'^th Wards...                SO                                 75                                116

Amount iDvolved   .............      $172.240                      $378,51.')                      8356.663

Number Dominal...............                  8                                13                                13

MORTGAGE.'í.

Number .....................             315                               3-J7                               S^

Amount involved..........      83,500,907                   $3,847,6:K                   $4,031,064

Number at 5 per cent..........             14T                               ITd                              ;si

Amount involved ..............  $1,803,655                  Sl,613.65i                 $2,301,7T5

Numberat less thanSper cent.               .19                             28                             28

Amount involved...........          $942,034                    $351,000                    $351,E00

Nunioer to   Banks, Trust and

Insuranee Companies .......               3-3                             27                             55

AmouDt involved..............      $616,000                    $50í,a00                 $1,220,200

PROJECTED BnĩLDIKUS.

1890.                          1891.                    189-3.

Jao. 4 to 10,            Jan. 3 to 9,              Jaa. 2 to 8,

ÍDClUS.                           ÍDCluS.                              ÍDCluS.

Number of buildlngs..........                43                                 -39                                  48

Estiniated cost................     88T7,4.50                      S814.4T3                        $816.660

Gossip of the Week.

HODTH  OF .5'JTH  STREET

M. H. Berlnger hassold for tbe Bcdel estate to Leo Schlesinger the two-
story old buildiog, ou lot 25x100, No. 704 Broadvvay, adjoiniug tbj corner
o£ 4th street, for $74,000, and resold the same to D. L. Newborg for $75,750.
Mr. Beringer has also sold to S. Banner I he four-.story building, ou lot 25
xl35, No. 7(0 Broadway, adjoining the above, for $90,000. He has resold
both the above pieces for their purcbasers to I. & A. Boskowitz, No. 704
for $75,750, and No. 706 for $96,000. It is probable that the lots will be
impro^ed.

BuilJers P, Gallagber anJ John Keboe have soIJ the handsome and sub-
stantial six-story and basement brick and stone store Nos. 7 and 9 AVaverley
place, northeast coruer of Greeue street, size .50x108, for $250,000, for Simon
Auerbach.

L. Tanenbaum has sold £or F. H. Mela the substantial newsix-story brick
stores Nos. i;8 and 30 West Houston stieet, size 45x105, to Messrs Stadeker
& Emsheimer. Mr. Tanenbaum has rented the upper part of tho premises
to the New York Novelly Company.

Danipl Birdsall & Co, have sold for the Colby estate the five story iron
front store Nos. 73 and 74 Greene street, size 37x100, to L, Tanenbaum.
The latter has altered and improved Ihe building and rented a part thereof
to ths Noiotuck Silk Co. and David Stem, manufacturors of children's
underwaar.
 

Harris Mandelbaum has purchasîd from the estate of WiIIii Blackstone,
No. 152 and 154 Prince street and 116 South 5th avenue, and from Luther
Van Holson 6>í inches i 65 feet and adjoininp; the above property on the
southwest corner of Soulh 5th avenue and Prince street, the whole making
a plot 48x101. There are three five-story, oue four-story and one three-
story brick buildings on the plot. Mr. Mandelba'im has also purchased
froin the estate of John Pope, No. 76 Norfolk street, size '35x100, with old
buildings thereon, and resold thesame to Loonie & Parker for improvement;
from the Fisher estate, No. 329 West 32d street, size 16.8x98.9, a fotu'-story
English basement brick bouse, and No, 337, aJjoinÍDg, 10.8x98.9, a four-
story English basemsnt brick biúlding, from Mrs. Catherine Cameron, all
on private terms.

Fitzsimons & Smith bave sold the (A.stor leasehold) three-story, high
stoop, stoneprivate dwelling, No, 311 West 45th street, for L. Krulewitch,
size 18.9x.55xl(i0.5, on private terms.

Harris Mandelbaum has sold to E. Harth No. 77 Sullivan street, a five-
story brick teuement, 25x80x100, taking in exchange No. 43 Delaccey
street, 19x78, with the old buildings thereou, which he has resold to Heory
Fishel for improvement. Mr. Mandelbaum has also sold to Gutwilllg
Bros. No. 441-445 West 51st street, three three-story and basement brick
buildings, each 20x45x100; and to Hyman Skloneberg, No. 181 Henry street,
a four-story brick building, 24x50x87.6.

Mrs, Marie has sold to Dr. David Webster the four-story yellow stone
front dwelling, on lot 21x95, No, 3-27 Madison avenue, on private terms.

E. H. Ludlow & Co. have sold for Martin & Bro., No. 1'29 East 36th
street, a four-story brown stooe dwelling, lot 20x74.7, to Jas. A. Kenwick
for a Mrs. Sedgwick for $34,000.

The Matthews estate have sold to L. J. Rosendorff, No. 176 Forsyth
street, '35x100, on private terms.

Ascher Weinstein has sold to Noric Komori, No, 327 West 22d street, a
four-story English basemeut brown stone dwelUog, 22.6x60x98.9, on pri-
vate terms.

Hulbert Peck has sold for the estate of James S. Willefc the three-atory
brick dwelling, 20x55x98.9, No. 331 West 33d street, to Floriua Rohe for
$I3,00íi.

W. B. Taylor & Sons have sold for J, J. Coogan the four-story brown
stone house No. 41 West 52d street, lot 17x100.5, for $33,000.

B. Flanagau & Son have sold for Chas. E. Lamed No. 139 West S'2d
street, a three-story brick dwelliag, 16.8x85.6, for $12,120.

Harris Mandelbaum has purchaîêd from the Redmond estate No, 440
Washington street, southwest ccrner Desbrosses street, on private terms.
Broker, F. R. Houghton.

The four-story brown stone dwelling, pn lot 21x80, No. 243 Lexington
avenue, reported sold recently, T'as purchased by S. Howland Russell for
$•39,500.    Brokers, E. H. Ludlow & Co.

Heilner & Wolf have sold No. 118 West BroaJway, Í5x60, running
through to No. 8 Ncrth Moore street, 25x45,with the old buildings thcreou,
on private terms.

Martin & Bro.. it is reported, have sold the two-story stable, No. 163
West 29th street, for about $14,000.

B. M. Audrews & Co, have sold for tho Fowler Manufacturing Co. to
Mrs. Ella Crane the factory buUding. Nos, 548 and 550 West 23d street,
for $40,000.

Morriâ B. Baer & Co. have sold for a Mr. Barker to Henry Brown the
four-story English basement dwelling, on lot 18.9x98.9, No. 158 West S4th
street.

NORTH OF 59TH STBEET.

Frederick Zittel has sold the two lots on the north side of 72d street, 350
feeteast of West End avenue, for J. B. Smith on private terms; the fiva
lots recently purchased by Ottinger Bros. aud Morris Steinhardton the
south side of 70th street, 150 feet west of Cent.al Park West, to M. A.
Colleran, who wili erect six haudsome dwellings; No. 26 West 75th street,
a four-.story brown stone dwelliag, 20x1)0, for J, C. Umberfield to a Mr.
Smith on private terms, and f ir C. R. MuUigan to Bernard Havanaghthe
three lots on the south side of 70th street, 275 feet west of Central Park
West, on private terms. Mr. Havauagh wiU improve these lots at once
with handsorae dwellings.

Jacob D. Butler has sold the five-story brick fiat with stores No. .300
West 145th street, on tbe southwest corner of 8th avenne, to J. Roraaine
Browu, for Hermau Liviugston.

Jacob D. Buller has traded the two five-story brick double flats with
stores No3. 310 and 3 8 West 145th street, with J. Romaine Brown, for
three lots on woît side of St, Nicholas avenue, north of 141st street, and
one lot on 87th street, adjoining northwest corner Park avenue. Mr.
Butler has now disposed of the last of the eight flats built by him at 8th
avenue and I45th street.

Samuel McMiUau has sold the lot, southeast corner of Amsterdam ave-
nue aud 124th street, the lot northwest corner of Central Park West and
97th street, and the four lots on the southeast coraer ot West Knd avenue
and lOlst street.

E, U. Edel has sold the two threestory, high stoop, brown stone dwell-
ings, Nos. 170 to 174 West S3d street. for Wessel & Bradley to William
Thurinan for $40,000. aud a lot in East 104th street for Wm. Thurman to
Wessel & Bradley for ímproveraent for $10,000.

Jos. Bierhoff has soIJ tor J. H. Small to Geo. F. Bradstreet tbe two lots
on the north side of 13 id street, 135 feet wesfc of  the Boulevard, for $7,000.

8. M. Blakely has sold for Thomas Coen the thrce story brown stone
house, No. 109 West 63d slreet, size 19x55x100 5, for $18,500 to Dr. George
Newby.

Potter & Bro. have soIJ for E. C. Potter the threestory, high stiop,
brown stone frout house, with bay windows from base to roof, No, 319
We,t 89th street, to C. V. Skinner for $20,700.

O'Brien & Whiting have sold íor E C. Potter the three-story, high
stocp, brown stone front house, No. 10 West SSd street, 17x60x100,
for $21,500.