Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 41, no. 1045: March 24, 1888

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'362 Record and Guide. 'TSTarcli 24, 1888 tbe northeast comer of Tth avenue and 119th street. There ai-e ten m aU, tbree being apai-tment houses of a ffi-st-class character, the balance being private houses, aU of which wiU be ready for the sprmg market. Mr. BUss achieved bis greatest reputation in tbe constraetion of the handsome " Rut¬ land," on 57th street and Broadway, where he can be communicated with inreference to any of the above properties, wbichhaveaU beeubuUt under his careful supervision. A. W. BUDLONG. A. W. Budlong was an advertiser in The Real Estate Record in 1868. His large lumber yards are at the same place now as then—corner of llth avenue and 23d street. The yeai-s have considerably Increased his busmess, but it has brought few changes m other respects. He stfil leads the trade in what is almost a uew generation, as he did twenty years ago, and is stiU known as oue of the shrewdest buyers of pine and hai'dwood lumber in tbe market, whose quotations to purchasers are usually a shade lower than the "next man's." ----------------------------■%------------------------------ Real Estate Department. This has been an unimpoi-tant week in the brokers' offices. Both rent¬ ing and selfing have been at a comparative discoimt, and the reports ai-e not of an encouraging nature. Sales at the Exchange this week have been numerous, and on the whole satisfactory. As wUl be seen below, there will be quite an active market at auction dm-ing tbe com¬ ing week. There was not much done at the Exchange on Monday. A majority of the sales announced being postponed. The sales held on Tuesday were both numerous aud important and the attendance lai-ge. The properties offered embraced dweUings, tenements, lots and plots suitable for unprovements. Several of the parcels were secured by parties iu intei-est. Sales were held by no less than eight auctioneers on Wednesday, and the Exchange was so crowded that it was very difficult to move about. Parcels on Ann street and East Broadway "were among the most valu¬ able offered. Particulars ai-e given in another page. Thmsday was also a very busy day. The partition sale of tbe valu¬ able coi-ners on the northwest corner of Broadway and Duane street aud the southwest comer of Broadway and Leonard street attracted a num¬ ber of weU-known mvestors and dealers. Tbe parcels were offered at upset prices, and as no bid equal to the sums caUed for were made the sale was postponed untfi Thm-sday, AprU 5th, when the property will be offered without reserve.. Au experienced brokei- said that the reason why no bid was forthcoming was on account of the placing of an upset price ou the property. Tbis is aU very weU vrith small parcels, but where half a million is involved investors flght shy. It is said tbat offers have been made at private' sale on both parcels at about the flgnres announced (as upset prices, but that, owing to a disagreement amongst the owners it was decided not to cover the offers b5.buying in the parcels. On Monday, the 26th inst. Richai-d V. Hai-nett wUl seU No. 417 Pearl street and Nos. 294 to 398 Stanton street; the leasehold property No. 207 East 18tb street; a triangnloi- parcel on Boston avenue and Old Boston road, neoi- 177th street, and a finely-located plot of over seven city lots at CUfton Heights, N. J., near Dundee Lake. On Tuesday, the 27th inst., Mr. Hai-nett will sell, by order of the executor, the valuable store and tenement property on the southwest corner of 7th avenue (No. 278) and 2