Real estate record and builders' guide: v. 66, no. 1710: December 22, 1900
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868 RECORD AND GUIDE. December 22, 1900. The Real Estate Market. The following are the comparative taibles of Manhattan and the Bronx of the Conveyances. Mortgages and Projected Buildings for the corresponding weeks of 1899 and 1900: CONVBTANCBS. 1900. 1899. Dec. 14 to 20, inc, Dec. 15 to 21, inc. Total No. for Manhattan 211 Total No, for Manhattan 197 Amount involved.......$3,578,544 Amount involved.......$2,138,615 Number nominal ....... 112 Number nominal....... 97 1900. 1899. Total No., Manhattan, Jan. 1 to date.. 9,808 10,500 Total Amt,, Manhattan. Jan, 1 to date. 595,860,714 $128,124,411 1900. 1899. Dec. 15 to 21, inc, Dec. 14 to 20, Inc. Total No. for The Bronx 83 Total No. for Tbe Bronx 104 Amount Involved....... $159,385 Amount involved....... $237,275 Number nominal....... 47 Number nominal....... 44 1900. 1899. Total No.. The Bronx, Jan. 1 to date... 4,570 4,726 Total Amt., The Bronx, Jan. 1 to date. $10,826,139 $12,608,911 1000. 1888. Total No., Manliattan and The Bronx, Jan. 1 to flate....... 14,3TS 15,336 Total Aint.,nianliattaD and Tlie Bronx, Jan. 1 to date....... $106,GSG,853 $140,7S3,322 MORTGAGES. I 1900 1899 f—Dec. 14 to'20, Inc.—. ,—Dec. 15 lo 21, inc,--, Manhattan. Bronx. Manhattaa. Bronx. Total number............ 217 76 239 110 Amountinvolved......... $4,095,666 $363,038 $3,789,761 $529,086 Numberover5%.......... 76 33 109 51 Amount involved......... $849,668 $129,138 $1,027,093 $191,&42 Numberat5%............ 52 36 58 53 Amountinvolved......... $1,249,000 $161,900 $1,282,850 $273,144 Numberat less than5%... 89 7 72 6 AmouDt involved......... $1,996,998 $72,000 $1,479,818 $64,000 No. above lo Banks, Trust and Insurance Co.'a..... 70 17 60 20 Amount involved......... $1,934,750 $96,800 $1,585,350 $125,200 IflOO. 1809. Total No., Manhattaji. Jan. 1 to date, . 10,538 . 12,429 Total Amt., Manhattan, Jan. 1 to date. $231,067,348 $367,329,223 Total No., The Bronx, Jan. 1 to date... 4,155 5,620 Total Amt.. The Bronx, Jan. 1 to date, $36,179,747 $31,498,552 1800. 1899. Total No., manliattan and Tbe Bronx, Jan. 1 to flate....... 14,693 18,048 Total Amt.,Manbattan and Tbe Bronx, Jan. 1 to date....... $367,247,095 $398,837,773 PROJECTED BUILDINQS. 1900. 1899. Total No, New Buildinga: Dec. 14 to 20, Ino. Dec. 15 to 21. inc. Manhattan........................ 36 155 The Bronx........................ 9 163 Grandtotal.................... 45 318 Total Amount: Manhaitan........................ $1,341,710 $8,004,500 The Bronx........................ 50,500 $863,550 Grand lotal.................... $1,392,210 $8,868,050 Total Amt. Alterations: Manhattan........................ $211,330 $322,160 The Bronx........................ 5,650 58,200 Grand toU!.................... $216,980 $380,360 Total No. New Buildings: Manhattan........................ 966 2.371 The Bronx........................ 956 2,380 Grand total.................... 1,921 4,751 Total Amt. New Buildinga: Manhattan, Jan. 1 to date.......... $47,632,710 §99,590,564 The Bronx, Jan. 1 to date.......... 8,266.560 20,063,757 â– Manhattan-Bronx, Jan. 1 to date... $55,899,270 $119,654,321 Total Amt, Alterations: Manhattan-Bronx, Jan. 1 to date... $6,566,264 .?G,992,377 The private sales reported this week are mainly of medium- priced flats and tenements, and an occasional plot sold with a loan. These last-mentioned transactions, however, can hardly be taken as an evidence of a good market until builders com¬ mence to dispose of their flnished product more freely lor cash than at present, instead ol in trades with the building loan oper¬ ators. There are more than the usual number ol million-dollar rumors in circulation, some ol which seem to have substantial foundation. Theatre projects are again the subject of much gos¬ sip, with the result that a number of people are getting consid- able free advertising. The only one which is known to have gone beycnd the preliminary stage Is that of Kirk La Sehaile, and which, if some one can be induced to accept the roll of flnancial promoter, will eventually be built on 47th st, east ol Tth av, with an entrance on the latter thoroughfare, a capital location, if the report that it has been definitely decided to change the route of the Rapid Transit Boad to 46th st, with a station In Long Acre square, between Tth av and Broadway, turns out to be true. Fifth av and the side streets Immediately north of 42d st came in for some attention. Contracts lor th" aale of The Iroquois, on 44th st, to an Investment corporation represented by A. W. Mc¬ Laughlin, will be signed to-day. No 483 5th av, a 6-sty business ofoi<_L"-y w^^-O- £/__^' building, is reported sold, as are also two dwellings on Sth av, between 4Sth and 49th sts, probably two houses, owned by the estate of the late Gov. Plower. In the downtown business dist¬ rict the only transaction of importance actually closed was the sale of the northeast corner of Fulton and Gold sts, by Richard V, Harnett Co., to ex-Mayor Schieren, of Brooklyn, The final se¬ lection of the site for tbe Chamber of Commerce has been in¬ definitely postponed. The auction market requires no further comment than may be found in the column of another page formally recording th- sales made there, ' A very fine parcel has been placed upon the market, being the property ol the Madison Avenue Presbyterian Church, on the scuthwest corner of Madison av and 53d st. There Is a frontage of 125 feet on the avenue and 120 feet on the street, which will warrant generous development. Either of the following, who form a committee of sale, may be addressed for particulars: Charles H, Capen. No. 6 East 2Sd st; John H. Waydell, No. 132 Pearl st; and Wm. Allen Butler, Jr., No, 54 Wall st. POULTRY BUSINESS CHANGES LOCATION, 10th av, e s, block front bet 13th and 14th sts—except the southeast corner of lith st. 22x80 feet—183,3 on the avenue xl50 feet on both streets. Charles B. Duross has leased this plot of 12 lots to Conron Bros. Six lots on the 13th st corner, 103.3x150, are owned by the Weeks' estate, and five, excluding the corner, which is covered by a 5-sty building, were under lease to Hugh Reilly, whose interest was purchased for $12,000. Four lota on the avenue, 80xT5, were leased from the Ludlow estate, and two lots on 14th st, 50x103,3, from the Roosevelt estate. The leases are for 21 years with renewals. The lessees agree to erect a 4- sty building, which becomes the property of the several estates at the expiration of the leases. The new structure, which will cover 12 lots, will be a 4-sty store and warehouse of the most modern style, suitable lor Conron Bros.' poultry business and for the accommodation of such other firms as may need cold storage facilities. This change of location for the flrms extensively en¬ gaged in the sale of poultry and beef becomes necessary by the action of the city in taking for dock purposes the property above West Washington Market, which is now occupied by large West¬ ern firms. The freight railroad trackage facilities at this point are excellent. For Sale at a Bargain.—Fine residence, with detached stable, on Washington Heights, west side. Address OWNER, Record and Guide ofiice. Gossip of the Week. 50UTH OF 59TH STREET, Fulton st, Nos. 73 to 79; Former Mayor Charles A. Schieren, of Brooklyn, has bought from the executors of the estate of John T. Wilson the 6-sty brick building at the northeast corner of Fulton and Gold sts. The lot is irregular in shape and con¬ tains aboiit 7,000 square feet. The building was erected about thirty \'ears ago, and is one of the old landmarks of Pulton st. The price which the buyer pays could not be learned, but we are informed that the executors have been holding the property at .*;250,000; Richard V. Harnett & Co. were the brokers. Sullivan st, Nos. 125 and 127, 7-sty tenement, with stores, on plot, 49.4x75; seller, Charles A. Weinstein; brokers, G. Tuoti & Co,, who were also the brokers in the sale of Nos, 166 to 170 Mul¬ berry St. reported sold in our last issue. Spring st, northeast corner of Sullivan st, Old buildings, 25x75; seller, Henry Miller; buyers, Lowenfeld & Prager. 1st av, southwest corner of 32d st, 30x65, vacant; seller, Dora A. Davies; buyers, Lowenfeld & Prager. Sth av. No. 394, 5-sty brick business building, 18.4x100; seller, George W. Stetson, who takes in part payment the stable. No. 53 East 33d st, on lot 25x100; buyer, George C. Boldt; brokers, Folsom Brothers. 25th st, No. Tif> West, 4-sty and basement dwelling on lot 25x 9S,9; sellers, Henry & Catherine Halliard; buyer, John Jacob As¬ tor. The property sold in 1873 for $36,000. It adjoins the "Chim¬ ney Corner," purchased by Mr. Astor last week. 44th st, Nos. 49 to 53 West; The Seaboard Realty Co. and A. W. McLaughlin state that contracts for the sale of The Iroquois, a 12-sty apartment house, on lot 51x100, will be signed to-day. The property wil! be sold to an Investment company, represented by A. W. McLaughlin & Co. The price will be much larger than given in the published reports. Pease & Elliman were incorrectly reported as the brokers.
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