Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 13, no. 304: January 10, 1874

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16 REAL ESTATE RECORD. __riFTH AA'. (Nos. 7£0, 732, AND 734), S. W. COR. 57th St., one three-story first-class dwelling, 73.5 x69 and 100; cost -? 150,000• exclusive of lot; owner, Adele L. S. Stevens; architects, G. E. Harding and W. J. Paulding ; builder, John J. Tucker. First av. (No. 14), one five-story brick store and tenement 32x60; owner, T. Lamour ; archi¬ tect, A. H. Blr.nkenstein. First av. (No. 78), one fia'e-story brick ten- ement, 30x53; owner, T. Lamour; architect, A. A. BhinkeTistein. Thiktiesh ST. (Nos. 243 and 245 V7.\ tavo ^ve-storys.irick tenements, 25 and 12.6x65 ; OAvner, C. MoDTiey ; architect, A. B. Jennings ; builder', C. Moaaev. o ^ , ALTERATIONS. Av. C (No. 39), front .iltered ; cost, .?300 ; own- 'cr, Aaron Hoxter; builder, Audreas Kiesel. Bedford st. (No. 90), raised one story; cost, §500; owner, Samuel Cook; buUdcr, Collins Al¬ lison. Bedford st. (No. 17), raised one stoiy, rear Avail rebuilt; cost,, .53,000 ; owner, John E. Parsons ; architect, John Sexton ; builder, Daniel Thomp¬ son. Fortieth st. (No. 310 W.), open a Avide doorway on street floor; cost, §75 ; owner, Peter Kohun; builder, M. Lapp. Mercer st, e. s., 1-50 s. Broome .st, first story lioor ]ov,ered, front altered; owners, Bamberg, Hill & Co.; architect, Thomas Wisedell; builder, G. Robbins. Thirteenth st (No. 16 E.), extension 12x3.6, chimney alterations, front altered; cost §l,50o; owner, E. A. Hammond ; builders, Duke & Gore. Univeisiiy pi., interior basement alterations; cost §l.t>00 ; owner, John A. Iladden ; architects, Wm. Field & Son ; builder, H. S. Mcllvaiu. MISCELLANEOUS. EEVIEW OF THE REAL ESTATE MARKET. Since onr last report more lire has heen dls^playcd in the general market than at the anction room. Several sales at private hand* have occurred, and all of them are of fair indic-aiioni?. In view of this activity', in advance of the regular season, we are led to hdieve that there Avill he more inqniry, and a growing disposition to make real estate iiivestmenij. Should this view prove correct, we may expect an active spraig busincgB. Prices continue well snetained, and we cannot eee that the condition of the market is altered, except in the slight activity mentioned. GOSSIP. The Department of Public Parks has presented an application to the Board of Estimate and Apportionment requesiing that there be set apart, out of the extra con- iiiigent fund, the sum of «83.906, to be used for survey¬ ing and laying out streets in the new Twenty-third and Twi'.nty-fonrth AA'ards, during 1874; and to provide for indebtedness already existing in respect to the same. Tiv.^ Civil and Topographical Engineer connected with the Department is now actively engaged in examining the work necessary to be done in connection with sew¬ erage, new streets. Ac ...Within the p.ist feu- ycais more than §2,000.000 of assessments have been set "aside by the courts, and proceedings of this character are multiplying to such an extent that within the past three weeks neaily live hundred such proceidings have been commenced by one firm alone___The Counsel to the Corporation advises I^Iayor Ilavemeyer that he should not approve the resolutions passed by the Common Council authorizing the Commissioner of Public A^'orks to do certain work in streets immediately adjoining the Ei\ertide and Morningside Parks, as the law is not clear as to the r rii;ht to give this amhority; and the probabilities are that the whole assessment would be eventually set aside, and the expense thrown npon the city. rORECLOSTIEE SUITS. Twenty-second st.. n. s.. com. 6(5.8 w. 9th av., running lfi.8. Wm, K, Lothrop (Recyr., &c.) Hilt. .lane W. McCunn et at..................Jan. Fifty-firsi st.. n. s.. com. -jeo e. 3d av., running 20. Jaue. Oiiklcy agt. John Reynolds et al___Jan. Thirteeiiih sr,. n. e., hi-t. 7th and Greenwich avs, (Mort lib. 1.129. p. 543 ) iieiuy Meisrs. . Jr., at al, agt, Patrick McJIauus el al,.... .T.. Jon, Ftilton St. No. 244. s. s. Bowery Savings Bauk agt. Wxn. V. Bknkley et al ............... One Hundred and Twenty-sixth st. s. p., com. 335 w. .'Jth av., running 75. Edward Smith agt. Edward Gleason er, al ............,. ... Twenty-ninth St., and Lexington av., n. w. cor., ICOxIOO. Wm. S. Anner et. al. agt. Christopher Keyes et al...................'... Forty-fourth St.. "ii. s., com. 175 e. Lexington av., running 25. Uenry L.A'oIkening agt. John Qninn et al .. ........................ One Hundred and Thirteenth St., s. ?., com. 235 e. 8th av.. miming 19.7JK. George i\I. Miller et. al. agt. Jeremiah Crowley et a!........... Elm St. and Catherine lane, ii. w. cor., 41.6x 2(j.6. John H. Power et al. agt. Robt. M. Fnukhouser eta!........................... Third av., w. s., com. 74.11 s. 12nih st.. running 25. The Ilarlem BanK agt. Peter A. Anner et al..............................: ...... Wall sr. (Morrisania, see Mort. lib. C)Ul, pa.ge 223, Westchester Co.) James Woods agt. Jo¬ seph Whitmore et al.................... Park St. (No. 41). s. s. VP'm. K. Kitchen (Recvr., itc.)agt. Francis O'Rorke eta!............... Fourtli av.. w. s., com. 82.2 s. 32.",th st.. rnrnin.g 18.9. Andrew Ii. Sands agt. Charles Rustoii etal.................... ................ Seventj'-sccond St.. n. s.. com. 210 e. 3d av., runiihig 15. Eugene Kelly agt. James Helion etal..................................... One Hundred and P'ourth st., s. p.. com. 133.4 w. 3d av., running 1(5.8. Hebrew Benevolent and Orphan Asuylum Society of N. Y. City agt. Edward Fitzgerald et al................. One Hundred and l""ourth St., s. 6., com. 150 w. 3dav., running IB.8. Same agt. same..... One Hundred and Fourth St.. s. s., com. 110.8 w. 3d av.. running 1(5.8. Same agt. same..... Lexington av. and (>lst St., s. e. tor., 20.5x80. Jilorris Tuska .tgt. James Fettretch et al...... One Hundred ai.d Sixteenth St., s. s., com. 310 w. 2d av.. runniiig 18.9. Josej)h O. Brown agt. Chri-topher Keyes et al.................. Si.\ty-ninth9i..n. s., com. 305 e. 4th av., running 100. Margaret E. de Forest agt. Terence Far¬ ley et al..................................... Eighth St.. n. s.. com. 108.11 w University pi., running 25. Emma B. Bush agt. Koswell D. Hatch etal.................................. Leggctt's Creek, AVest Farms (17 114-l,CO0 acres near landing, and small plot adjoining). Her¬ man D. Telikampf agt. Edward Goodchikl et al......................................... Jan. 3 Jan. 3 Jan. 8 Jan. 3 Jan. 3 Jan. 5 Jan. 5 Jan. G Jan. C Jan. C Jan. 6 Jan. 6 Jan. G Jan. G Jan. C Jan. P Jan. 7 Jan. 7 Jan. 7 EESOLUTIONS, ORDINANCES, &c., PASSED BY BOTH BRANCHES OF THE COMMON COUNCIL, AND APPROVED BY THE MAYOR, FOR THE WEEK ENDING JANU¬ ARY 5th, 1S74. ItEGDLATING. GRADrXG, CUHEING, &C. Newav., bet. Sth and 9lh avs., from lOntli to 110th st New av., bet. 8th and 9lh avs.. from 114th St. to Av. St. Kicholas. i)et.l23d and 124lh sis. Ninth av.. from 123d to 12(jih sr. One Hundred and Twenty-third sr., from w. s. of the near av. or the w. s. of Mount Morris square to the e. «. of 9th av.. and from \v. e. of 10th av. to Boulevard. Twelfth av.. from 129th to 130th st. One Hundred and Twenty-second st., from 10th av. to Riverside Drive, and the roadway paved with Telford Macaaaiu Pavement. BTJKSAU OF ASSESSMENTS. Collections on the following works will close in the Bureau of Assessments on Tlinrsday, January 15th. In¬ terest is now charged by the Bureau from the date o; the confirmation of the reports, at the rate of seven per cent.; but after this date interest will be twelve per cent., from date of confirmation. Broadway widening, from 34th to 59th St., confirmed July 4th, 1872. Rivei-side Park opening, confirmed Aug. 2,1872. The limits embraced l)y said assessments include all the lots und houses, vacant lots, pieces and parcels of land embraced within the following boundaries : Riverside Park, 42d to 15.3th St., 8tli av. to Hudson River. Broadway widening, com. n. e. cor. Gth av. and Wa- verlv pi., along Gth av. to 14lh st., 14th t^t. to 7th av.. 7th av. lo iSiir St., 25ih st. to 8th av., 8th av. to 28fh St.. 28th St. to 9th av., '.ith av. to GBth st... Giiih st. lo Sth av., 8th av. to 59th St.. 59th st. lo Ma.iison av.. Madi¬ son av. to 34th St., 84th st. to Lexington av., Lexing¬ ton av. and Irving pi. to 14th St., lith st. to 4th av., 4ili av. to E. IOth St., E. lOih st. to 3d av., 3d av. to Astor pi., Astor pi. to Broadway, Broadway to Wa¬ verly pi., Waverly pi. to Oth av. LAW DEPARTMENT. OPINIONS OF THE COUNSEL TO THE COKrOKATION. Where by law the entire cost of a local improve¬ ment is assessable upon the property benefited, the Board of Assessois cannot deduct from the assessment the difference between the amount for which a first and delinquent contractor agreed to do the work, and the total cost as ultimately incurred upon the completion of the work by another contractor. The city has a right of action for such difi'arencp against the sureties of the ftrgj contractor, and the ig- covery operates as a penalty to secure tho corporation and local owners against delays from improvident bids and failures to perform. But the laws do not give the amount reserved to tho local owners; and the labor, expense, and-trouble caused to the corporation, through its officers, in tho matter of local improvements, are such as might render the retention of such recoveries in the city treasury equitable and just. The Commissioners of the Board of Public Parks havo the power at once to survey, map, niul plan for bridges over and tunnels nnder the Harlem River, and to con¬ struct the same; also to make surveys, maps, and plans, for roads, avenues, streets, public places, and sewers, in all that part of Westchester County, if any, included in the territory over which they were given ctmtrol in chapter 534 of the act of 1871, and not included in the boundaries of the towns of Westchester and East¬ chester. After January 1,1874, the Park Commissioners, nnder section 14 of chapter 613 of the laws ol 1873, are au¬ thorized to lay out construct, and maintain, all tho roads, avenues, and streets, in the towns annexed to the City of New York from the County of Westchester. In such laying out and construction, the Commission¬ ers will be governed by existing ordinances of tho Com¬ mon Council of New York, applicable to work of simi* lar character. The money required therefor must be raised by thC' City of New York, in the manner jirovidcd by law with regard to improvements in that city. MARKETS. Everything is in anticipation, and the dullness of trade continues unchanged. Foul weather has supplo- mented the inactivity of the holiday season by making Ijusiness in almost every branch of the building market very nearly impracticable, although there are indica¬ tions of reviving trade in the way of new and more fre¬ quent orders. Few goods have been movin;r, dealers awaiting clear skies. In some of the lines of trade prices are just now undergoing revision, and until new price lists are settled few reports of business from such sources can be expected. We present, in various in¬ stances of our report, comparative statements of prices of leading articles, which we would supplement with similar tables of export or consumption, only that full and reliable data cannot be obtained Ibr the purpose. BRICK—Are very inactive, and duller, if anything, than they have been previously. The weather discou^r- aged movement, all building operations enduring an ealorced suspension. The arrivals have been quite fully up to the average for tho close of a season which the open weather has prolonged. Prices in 1873 attained a very low point, quoting, in some instances. 50 uer cent, lower than at the begmniug of the year, and in'all cases, except in Croton fronts, showing a miirked de-. cline. Toward the close of the year values strengthened, and with the opening of the present year the variation in prices was not as remarkable, but still sullicient to iiulicate the altered character of business. For tho present week, although of the dullest, jirices remain un¬ changed, and we quote: Pale, i? M, §4@4.50; Up-river, $(5.25@7.25; Haverstraw Bay, $7.2.5(^8.7."); Croton Fronts —brown, Si4(©15; darks, $l.=5®16; reds, Sl(Kg^i7;'Phila- delphias, $2s.50@:i0.5u; Baltimores, S5o@58. COMPABATIVE PRICES, JAN. 1. 1872. 1873. 1874. $G.."0(^7.00 86.00®----- S4.C0®4.50 @--------------©----- 9 50@10.50 -----© Pale..... Long Island...10.00(rtil0.75 New Jersey.... 9.00® 9.50 North River.. .10.00^11.25 Croton Fronts.12.Ofti&la-OO Phila. Fronts..28.Oat^O.00 Bait. Fronts... -----(gi----- n.m&----- 6.25® 8.7.'i 12.00@16.00 14.00@17.00 40.00^45.00 28 50@30.50 -----® ----- 50.G0@5i:'.':0 CEMENT—Elided the year quietly, and from all re¬ ports with less business than for the yearprecetling. It naturally shared iu the dullness which pervjided all branches of trade largely dependent upon active build ing operations, but maintained its price generally and Bieudily under the operation of the rule which U.\es for the year a value whicli is nominally maintained no mat¬ ter what concessions may occur to facilitate trade. The week past makes no new showing either in business or quotations. Trade is of a jobbing character, avd indif- lerent at that, and we quote: Rosendale-- at S1.75(g.2, and fjreign at $5®.2.75