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REAL ESJM GOSSIP
Rentals a Striking Feature of the Local Business. Tiir- oca DP LI COR UDIUIFS I nc OLHI1UI I I w 11 Mvnibw V Mr. Perry Belmont's New Home in Northwest Section. PROPOSED USE OF VACANT LOTS Demand for Houses Points to a New Method of Disposing of Single Sites. s The rentlnsr departments in real estate offices continue to occupy the center of the and is likely to for some days yet, until either the supply Is exhausted or else the demands are fully met. It Is still too early to determine which of the two conclusions wi'l be reached In regard to the flltuatlon. Of course. It Is liable to happen, that the number of houses and flats that are available for rent may be about equal to the number of people who are looking for places to live, or it may turn out that there are too many houses and flats. The Indications at the present time do not point, however, to the latter alternative, in on* laree office, where there is a pretty good list ot houses for rent, besides suites In apartment houses. It wjs fiund that the offerings for the current week, as shown by the printed list, a new edition of which Is Issued weekly, were quite as large as that of the previous week. On the fac of euch n showing, it looked as if the rental market, as far as tills office was concerned, had come to a standstill, hut it was recalled that the vacancies made in the list of the previous week h id been renewed from those for which leases had expired. In other words, wlrle a (Treat many people looking for houses had been supplied, the changes in the list had been made up in this wa^ so that apparently there was little doing. But it is stated that the new additions to the list are finding customers, and if the present rate of renting goes on the visible supply will show considerable shrinkage in the course of the next few days. Mr. Perry Belmont's Property. There is naturally a good deal of interest to know something of tiie house which Mr. Perry Belmont Is planning to build on the property acquired by him last spring in this city. He bought then an entire square, as It is officially named, but in point of fact it ."^ r "" " ,. . ~V- . . "* M - -?>. ?-?. * $ ?* . ? L , "S"'- - I 1 ^ - "1 i _. 1 NEW 2 la a triangular piece of ground with frontage! on New Hampshire avenue, lsth streel ami R street and with the sharp eud point Ing out toward the plaza formed by the in tersei tion of New Hamushire avenue lstii and U streets. It is understood that Mr. Belmont has a French architect at work preparing the plans, and when he returns to this country In November it is expected that they w'.ll bf in read ncss to be placed in thf hands ol contractors so some estimate can be had 01 the probable cost. The details about this proposed addition to the more elaborate homes of the city are. of course, but iittlt known. It is supposed, however, from the fact that a Frenchman is to make the design that he will select something typical 01 the French style :n architecture. A Large Building Site. The site is such, with its generous front age on the three thoroughfares arid th( plaza, that a very effective grouping can b< made. The new structure. It is said, vll Cost in the neighborhood of $:!i>I.OOO, and a.< Mr. Belmont paid $tK!,OQO for the ground il will be seen that the entire Investment ol money will place this building among th< .high-class residences "'of the city The In oallty Is already one of fine houses, although. as is common here, it is not so ex clusively. It is one of several localities w hieh may be described as a place of handsome homes. In addition to the homes already there, ar elaborate one is contemplated by Representative George Huff of Pennsylvania or the site which he acquired some time ago comprising wide frontages at the northwest corner of New Hampshire avenue and treet. Some of the additions that are bein^ made to the number of the larger residences of the city is the house which is being built for Mr. Clarence Moore on the north side c?f Massachusetts avenue between 17th and lSth streets. Mr. George Howard is also to build foi "himself on the northeast corner of Kith anc M streets. The home of Mr. Jennings, or J>iass;icnusfus avenue near Sheridan Circle and the one of Mr. W'yiiamp, at the north west corner of '-"-'1 and K streets, will als< be attractive adornments in the residenci ection of the city. As to Vacant Lots. According to the experience of those whi are familiar with the realty market in it latest phases, there Is no demand at pres ent and has not been for some time fo unimproved property. The only exceptioi that is claimed to exist is where there 1 a considerable block of land and it is of fered at such figures as to make it attrac tive to a builder. The slnule lot or smal portion of land is verv little In demand. The change in this respect. which thi statement Implies, is a remarkable on when it Is considered that some time agi the principal feature of the market her was dealing in unimproved property. Th< buyers were of two kinds, those who wer< merely speculating and those who wantei to build houses. It was. of course, tlV latter class that reilly provided the mar ket, and it is the lack today of the Indl vidua! house builder that makes the d!f ference above noted. Why People Buy Houses. The reason why people buy houses a _ present instead of, as formerly, buying l '>!K HkwSIK^ yM*t v ^ ^ ^ns9^BnQ|^B|^MnB& m.' 1 . * ? -Jj - ~ ^BB^^BR t:M lot and buildinc a house. :s accounted for by the fact th;it the practice of speculative building, as it Is c tiled, has Increased to such an extent that it Is now cli'med a man cin buy a house aire idy built so much cheaper than it Is possible for him to build one that, n iturilly. the great bulk of peo p'e do the thing thit apparently gives them the most for the!r money. In other words, the individual builder of houses has disappeared and the large bu'ider. the man who puts up rows of houses, has taken his place. It i.?. of course, said that houses put up In this way are not well built, and the simp might he said of a good many of the houses built by people for their own use: for. while-a man who is bu'lding a house which he intends to occupy as lis home is supposed to have stronger re > son for making it substantia than one who is merely building to sel', yet that uo< s rot always prove to be the ' case. Increase in the Cost. It will probibiy lie recognized as true that in proportion to the entire number U"!U V.. . ,-v r.nifa ou Wjnv chmlll iJUUl Lilt it' ncir no um..j WMV.UV... houses put up under the old system as is the case at present. Tor the building regulations are more stringent and exacting and run into mor? money than those which were enforced some years ago. Then, also, materials are higher and labor is better paid, so that altogether it costs more to bu:ld now than it d:d a few yens ago. But the cost is still not prohibitive to the . v/ ' - - . _r. " , , /. " ',-i ' ' ' : " .Vfv. | , r . _ / , ' ^^' ' v ^ ^ ^ ; ?^--_ '~^r._v ? __ "^x" ?. . : ~ ? rERSEY AVENUE AND E STREET SO1 - ! individual builder, and as far as the more t elaborate houses are concerned they are | still put up directly by the people who in ! tend to occupy them. It i* also possible to i i build houses of more moderate character ninl :it II T? PVnPTlilitiiro thut II chrtw artma I profit to the builder when he comes to place th?*m on the market. This is especially the | ease when people own the ground, and it is in this way. it is thought, the single lots J scattered throughout the resident part of the city, and for whch there seems to be | such a narrow market as long as they are i unimproved, are to be made marketable. Unimproved Land. It is bel'eved that tho best way to dispose of such single lots is to build on them. There is more demand for houses than for lots, and with the advantage of being able . to put the lot in cheaper than any one else . can the owner can afford, so it is cla med. , > to pay a little more for building the house 1 : as he would have to do for erect'ng a single | one, as compared with a row. and still l>e ' I able to compete with strifttures put up in ' <iuantities. f Of course, the main call for houses I es : within the ranee of prices from four thou sand to eight or nine thousand dollars, and the problem is hew to furnish houses that i HDPa ..it a IohBM'I if ^ : I ' ^ t k J A VIEW AT NEW JE1 can be offered within that range. In trying to solve this builders have been on the hunt for ground which can be had on such terms as to bring the cost within such 11 it? TV> I.. < ? fha .J n m n?-? fnr hnuaac Iiuuis. una iuv i ui mw u\.iiiu?vt *v> .>vu?vo and the efforts made to meet it explain the remarkable extension of the city in all directions. New sections of the city have sprung up with a rapidity that seems almost marvelous, and a person who does not move about a good deal with his eyes open is apt to find in the city where he lives a good deal that is to be seen that he never saw before. Land Values of Importance. In this period of the city's growth there seems to have been but very little Question as to the market for houses when once bu'lt. The principal question Is the securing of ground oih such terms as to make it possible to put up houses that can be sold so as to sho^ a small profit. The latter is | also feature'?* the modern movement, for that has been the practice right along, and, in fact, iff view of the competition and the advance in wages and in materials, the ma n source of profit from such enterprises has bfeen in the land.' and then also the saving due to ftie wholesale method of building. A Business Building. Arrangements have been made by Kingan & Co. of Indianapolis, independent dealers in meat, to erect a large building at 6.10 Pennsylvania avenue, which will be the - ; ' ' ' ' ' ' .?.w .; V;-c; 1 ; ' _ - --- ?? - < I ,:N? a* k: ?";^ia?^pPH UTHEAST. i sales depot of the concern in this city. The new building will have a frontage of 'Zi feet and a depth of 113 feet, and, according to the plans prepared by Appleton 1'. Claik, architect, it will be three stories in height. A feature of the new structure will be a cold-storage plant. The front, wnich willbo in the French style of architecture, will be constructed of brick and stone of light i color. The new building is to be fireproof. I At the present time the headquarters of this j firm is on C street near !lth street. A Large Kesidence. Mr. L. K. Breuninger's residence from de! signs made by N. K. Grimm, architect, is | now ii? course of erection at the southeast i corner of 18th street and Paik road. It will be two stories high with attic and i ? , iwiuii??*? in >1* nifiii. w iin niue purenes on three sides and open balustrade verandas above. The frontage on lsth street will be fifty feet and thiity-two feet on Park road. The attic story will be slate pitch with dormer windows on all sides with open balcony" balustrade over main entrance. In the basement will be the hot water heating apparatus, coal rooms, laundry room, drying room. Storage room. etc. On the first story will be an entrance hall I twelve feet wide, with broad stairs lead ng j to second story. On the left of the hall f/pF^v ' - ___ HOMES IN NEW wamMm^ |^HD^^MnDUM0^^g?' *SEY AVENUE AND I will be the parlor. 14x17 feet, and library of same siie. with open hearth chimneys. On the right of the hall will be the (lining room 14x18% feet with bay window facing south, connecting with butler's pantry and kitchen and servant's stairs from rear hall. The first floor is to be finished in quartered oak, walls paneled three feet high, with ornamental ceilings and cornices. Ttie second story will have five bedrooms, sewing room and two bathrooms. There will be large closets, linen closets, etc. This floor will be finished In birchwood and yellow pine. In the attic will be the servant's and trunk rooms.' At the rear of the house facing 18th Rtreet there will be a two-story stable of design to correspond with that of the house. On the ground floor of the stable there will be space for automobile and carriages, with harness room and two stalls, with loft on the second floor. The whole will cost about $- 2,000. WHIMS OF THE BUYERS SOME PEOPLE'S NOTIONS HARD TO OVERCOME. Eccentricities in buyers are not a^l confined to the handsome women who haunt ! the bargain counters of the big stores. says the Pittsburg Dispatch. You will find them among real estate buyers, and their whims are no less noticeable than the tantalizing notions of the woman who asks to have a 5-cent spool of thread delivered to her home ten miles away on a Saturday afternoon. They are thorns in tlje flesh of the average real estate broker, for there is no broker but has some of these odd customers, and they prevent the consummation of many a sale that would otherwise go through. Real estate buyers may be divided into three classes, the man who wants a property. the man who thinks he wants It and tne man wno ouys it uecause sonieuuuy else tells him to do so. If a man really wants a property, whether for a home. Investment or for speculation, he Is comparatively easy to deal with, for he is usually ready to ko a little more than half way in making the deal. But there are many violent exceptions to this ru'.e. Kxamples could be multiplied of shrewd business men who have desired properties for years and have stubbornly refused to buy for one reason or another. Very often it was a case of too high prices (they imagined they were beinsr "held up") and that the property owner knew they wanted or must have his lot. They' waited, saw me price advance umuc icijmicu overtures, and once more sat down to await another price advance. For. with the marvelous growth of Pittsburg, prices are certain to go up. Years after they started negotiations for the property they have often purchased it for twice the original price. Stubbornness has cost many business men in this city thousands of dollars a year, although It Is true the sum they finally paid for the property was one that they could better afford than the original figure at the time It was presented. The man who thinks he wants a property?thinks so by spells?is the hardest kind of a customer. You may work him up to the point of signing an agreement convince him that the property will Just suit his wants, agree with all his nrguments rflffaprHnor nmhfl hl#> SnPOIl l?ti VA VfllllA and go homo convinced that he will have the hard money ready In the morning, and come back the next day to be disappointed. Your customer has lost confidence in himself. He is not sure that he really desires the property after all. Maybe stocks or oil will offer him a better investment. The trend of real estate values In that particular locality may not be upward the next few years, and the property may not rent as readily as he imagines. All these doubts he conjures up in his mind with the result that he "Rets busy" and invents some sort of an excuse which he may offer to his broker as a plausible reason why he shall not close the deal. Most fickle of all is the man who buys ur uurs nui uuj m nitr auvitt ui m? many officious friends. He listens for the slightest variation in their sons of approval. He watches the newspapers for any stray comments that may tell him whether he is making a wise investment. One after another of his supposed oracles he consults, asking divers questions and often pretending an interest in some outside buyer, hoping to hide his own identity as the real buyer. His pretenses are generally so shallow as to be ridiculous, but his friends are -11^ ^ ''wwiiBflff Bi^p1 " ^r ifflU, i - . - .'- i-.v^'.^. ,-; - -?;--' ' ; JERSEY AVENUE SOUT ? ?. . ^ % % 11 1 ' . V -. ',si - v N v'*?. > -.. % "3$?- ~ - v->""*' *'. ; ' 'v < v * : ?* ' .. " - V -* .* ? * 4 'r*. i*tiSS6gy?#*'-:N-' - - ' . -" -? . . * % ** ^ ' -i' -" " i '< .? - *:' ' - ?- >r" - *' - -sfrr -' '- - - "' _ N STREET NORTHWEST. no less anxious to iiaprens him with their w'sdom and JudKTD^Hk ta property affairs. The broker's main In such a case is to j?et "next" to the cherished adviser and instruct them in the way they should argue to his customer. "Buy when everybody is selling, and sell when everybody Is buying." is a maxim that the man with-no mind of his own seldom heeds. He must have company in h's deals. If nobody is buying and the real estate market is apparently in the dumps, he is afraid to venture even a few hundred dollars, because his friends tell him that "there is no money in It." When sales are brisk and prices are going up with big bounds, he fairly hunts out chances to invest his cash, often at figures thit he cannot hope to realize a profit on for years. BUSINESS PROPERTY SOLD. $4 Per Foot for Frontage at 14th and U Streets. A transaction of considerable interest has just been concluded by Dwight Ander son, real estate broker, involving the transfer of property on the east side of 14th street, adjoining the southeast corner of U street. While this location, generally speaking, is one of residences, yet along 11th street, practically for its entire length, business has become established. This is especially the case in the vicinity tk ^ .. ... ' ' ' f > : . " ; WSt_ % I * rj*jy ^f^^iKBcj^rflHDr^^R?wB3(Pu^ ..^8 BWr* sBi CONNECTICUT of Hth and U streets.^ where, owing mainly to its growing consequence as a street railway center, its development for business purposes lias gone on with rapidity. The sale in question was of the property of Mr. Joseph D. McGuire, Nos. 1U31-33-35 and 37, having a frontage on 14th street of sixty feet and a depth of one hundred and six feet. The improvements consist of buildings that are used for business purposes and the price was evidently based upon the income-yielding ability of the nrnnortv Acr-ordinsr to this estimate nn tlie sum paid, amounting to aboui $25.0<i0, the revenue produced is about 5 per cent net. The per foot value of the six hundred and thirty-six square feet is about $1. A few weks ago the property adjoining, namely, the southeast corner of 14th and U streets, was sold by Mr. Anderson for 000. Something over $1) per foot was paid for the 4,240 square feet. In this case also the price paid seemed to have been influenced by the revenue the property yields, as it is said that the net income is about five per cent on that amount. The northeast corner of 14th and IT streets Mr. Anderson sold one year ago at per square foot, or tl$,0<)0. The northwest corner of 14th an'd II I streets was sold two months ago at $11.20 1 per square foot, or $31,000. H OF r STREET. % / ' **4 PP*^> ' . j3?1 ' ' 3rfy< BUILD1NGINPR0GRESS Dirt is Still Flying in Various Localities. PROCESS OF LAND LEVELING Large Areas That Are Still to Be Surveyed IN VICINITY OF ROCK CREEK Progress in Reducing the Grounds in Ttfa+rfot to Axrailnhln Sites for Homes. "Making the dirt fly" in order that suitable space may be had tor new buildings, .. - . ' ' .. ; . . , f ' . ' ' f-.-iv;.-: ".- .* - v\ J....' ' - v - ?*,.?. i ' ? - *: ? - - .***T AVENUE, 20TH AND Q STREET NO] and especially houses. Is usually looked upon as one of the features of starting a new ? ? **' * ? ! ? ??* irnnoru 1 _ I town, l nis purase is nut ? ly when reference is made to the ordinary excavations that are constantly going on in all centers of population? In the latter sense the dirt has been flying to a great extent .In this city for several years, and the indications are that this form of activity is going to continue. What was meant was the large operations which are involved when extensive tracts of land are subdivided into building lots and the land is graded in conformity with the street levels so that building can go on. In this respect it is sometimes thought that the period of subdividing land in and about the city is past, and when one looks at the man and sees to what extent the surface of the District Is gridironed with streets, and these not merely confined to a paper existence, he is apt to conclude that here is not much left to be done. "RlllMino* TTr* tllA Tl?rrifnrir ??D - r There is a good deal of truth in tills view of the situation, for. as a rule, most of this preparatory work in reducing aereige property to building lots has been done. The streets have been defined and the lots 4 - V . F ? brought to grade over * w'de area wlth'n the District, and also, to a large extent outside of these bounds In the states of Maryland and Virginia. As Is wel! known, the population has followed this material development and the city has been added to until now It Is far beyond the original lines, and the limit of population. In fact as well as officially. Is now bounded by the lines of the original ten miles square. However, there Is still some of the work going on within the District lines, as witnessed on Hth street extended. Some account of the activity In that locality wis given in this column last week, and It w;?s then stated that the subdivision of the Saul tract had proved to be In such demand that It had been determined to maka Immediate use of the section of the property that lies east of that street, as well as the western section that Is now on th? market. Mr. David J. Howell, civil engineer. who made the surveys for the !li*t subdivision, has been instructed by Mr. Saul to proceed with the eastern section. Lots of Dirt Moved. The two squares belonging to the Sherman estate, and lying along the old limits of the city between 11th and 13th streets and Florida avenue and Roanoke street, ara being brought down to grade and laid olt In huliding lots, according to surve>s ' made by Mr. Howell. In order to do this , , work a great mass of earth has been 1 moved, as the ascent from the level of Florida avenue, as is the case along a gre it portion of that old boundary line, was very pronounced. . Some idea of the amount of earth that had to he taken away can he had from thu fact that at the corner of 11 th and Clifton streets some thirty feet of the surface were removed. Of course, this rate was not maintained over the entire tract, but a gocd many thousand cubic feet of dirt hnv? been carted away since operations began there last spring:. There have been delays of various sorts, but It Is expected that by the 1st of December the srading will be finished. A new east and west street has been opened through this block, and In the block north of C'lfton street a north / and south street has been opened. Bock Creek Region. There are also blocks of ground remaining along this northern boundary which ?r? yet to be brought into conformity with th? city system of the streets, but the number 13 noi great. i ernaps me idTKt'si amount of land near the city that has not as yet been touched Is that which lies w?-st of Rock creek. A portion of til's land In the vicinity of Massachusetts avenue extended It was proposed at the last session of Congiess should be purchased and added to the tt-r rltory now within Rock creek, which would in effect continue that splendid reservation as far south as that avenue. A commission consisting of members of the Swiata and the House was appointed to consider this matter, and it is presumed that a report will be made at the coming session of Con- " t gr??ss. The proposed addition to the arei of the park Is about fifty acres. ( Proposed Park Addition. Pending a decision by Congress as to whether this land will be taken the owner* or ttii" large tract ly.ng on i>om ui Massachusetts avenue from the creek to Wisconsin avenue can do nothing toward bringing that property into use for building purpose#. This section, as is the case with th-? entire Rock creek region, has all the var'etjr of a series of wood ad he guts and dells and i . ' - * ? ? % T> ^ *' "?">". 4>: 1THWEST. open places, and it seems a pity to one who loves to look at an attractive landscape that the necessity ?hould exist for changing all this into the unformity and the ugliness of city streets. Such, however, la the growth of the c!tv. It is evident that that is the fate of that locality, except, of course, the portion which It Is proposed to take for the park. Advance of the City. Another handsome portion of the suburb* Is the Connectilcut avenue territory, which Is gradually being subdivided. It is likeljr that another piece of property belonging to the company that owns practically all th? land on each side of that thoroughfare will be subdivided Into building lots in the near future. The tract that is in view for thi? r?n ruAco tho nr\ a tViat uiMninc nn tl'P north the land~Occupied by the bun.au of standards and on the west side of the avenue. Furtlier to the east one comes to the section which is reached by 10th street and Hth street, and its development is going on rapidly. Then comes the 7th street region, which has now extended to Bright wood, and still farther to the east is the Brookland * region. Advertising the City. The publicity which is being given to this city by the Greater Washington special train that is now traveling through the country adjacent to this city will undoubtedly have a favorable influence on the busi ness of the city in all its various departments. The growing reputation of Washington as a handsome city and a desirable place of residence, which has spread throughout the country, has. without question. been the cause, to a large extent at least, of the remarkable growth which has been in progress for several years past and which, is still going on. HOUSES OF CINDERS. ' > Liverpool is Making Useful the Remains of Its Garbage. > Liverpool has put other cities In its debt by showing how the problem of disposing of city rubbisli may be made to solve Itself. In its simplest terms the solution 1?, "Burn the ruDDisn; Duua nouses 01 uie uu? ders." Concrete Is already considerably used In this country In building:, and bidR fair to ^ perform a useful part In architecture by husbanding wood and sparing the forest*. A part that Is likewise performed by artificial stone, but In Liverpool tha cinders left from the burning of rubbish at the municipal "destructors" are * crushed and molded with cement Into great wall slabs, each with its door and window openings molded in place, and even an Interior Iron framework for putting the whole together. The slabs, some of them weighing eleven tons, are handled by derricks. When set up the Iron frames are DOIleu LUS^lllCr ttliu IUQ JUIIUUgS V. with cement. An entire block of buildings has thus been erected upon the site of a dilapidated quarter which was destroyed as a measure of necessity. The new houses are described as neat, healthful and very cheap, and are % expected to yield to ttie city 5 per cent upon its Investment. American cities throw away every year , elements of great value which European .- , oities use on their sewage farms. If ashes of burned "waste" may be used In architecture, what a limitless field opens to tha economising of debris.