New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-01-01
THE NORTH SIDE.

Zen wears ago there were few capitalists who
k.,;eved that the North Side" would ever
k..ome a fayorite locality for business, much
h.. that they should live to find it the success
Is.l rival of South Water, Front and Pearl-sts.'
the immense Wholesale trade of the Metro
t,oBs Three years ago, the North Side
T.. famous for narrow and filthy streets, muir
1.,ous locking old rookeries, dilapidated dwell
r., old mansions abandoned by the aristo-
.,..y and reekiDg with the dirt and wretched-
~. Of densely packed immigrant popula-
Liam Tn 1850 the whole City became alarmed
l., the filthy condition of that region, when
I,,bl;c attention was attracted thither by the
Occurrence of several cases Of Cholera. But
Ioov. all is changed, or in the chrysalis state Of
lcbsspe, and from the old worm Of Decay fut-
Item forth the gorgeous butterfly Of Wealth and
beauty In order to place on record some of
Ibe great improvements which will soon render
lthe long neglected and despiscd North Side"
Ishe great center of trade and commerce. and
The architectural pride Of the Metropolis, we
have prepared the following condensed review
lof recent changes from Broadway to the North
River, south of Readc-st.
During the past year, new and elevated
GRADE has been made in Greenwich and Wash
IingtOn. SITS, also the cross eetsfrOm Battery
lplsce to COurtlandt, which has tended greatly
Ito the Improvement and value of property in
That vicinity Greenwich b. q. the crossing Of Morris
Ia has been raised three feet nine inches at Rectorst
live feet nine inches at Cedar ST. three feet six inches
t Liberty about two feet sx inches and gradually
lees and lees Courtlsndt. The gradein Washington
L has been rssed average two feet six inches, for
hbe same distance as Greenwich. Betery.plece has
been raised between Greenwich and West Sta. Morris
IT, between broadway and Wost-st Rect srst, b.;
kween Trinity place ind estst Carli lie and Albany
Iss. between Greenwich and Weststs.; Thames and
icsdarsts.. between Trinity place and Greenwchst,
bind Liberty st. Is to be raised between Broad way and
Iwests TO conform to the grade Of Greenwich and
lwsshington-sts.
TIE quantity of filing" required for carrying out
hhs vast improvement has been $1,000 loads and is
l,sid to have been completed cost of from $4,000
no the contractor having exactcd 10 cents for
leach load of earth or rubbsh received by him for that
purpose.
L Tae establishment Of this grade has occasioned
IA material change in the appearance Of and approach
Ito some Of the old buildings in tina; locality The en-
FRANCES majority of tho stores and residences on
Ereenwich It., which were previously several feet
)aiove the level of the stree. now below it, In con-
heQuence OF the alteration Of the grade has been
bound necessary to raise the public school house and
several other buildings.
About year age Dey ST. widened ten feet on the
souh sde ind oil the buildings on both sides with few
Exceptions. were taken down and rebuilt on mag
ni6cent scale COurtandtst having undergone similar
cangcs the previous year During the year just clos
ling Lbertyst has been the principal point where the
march of improvement has been carried on. Every
buiding or the south side and with the exception Of
hhree or four large the norl side Green
1xich st. and one the north west corner of Broad
bway has been demolished and splendid edifces most
tem with white marble fronts erected in their stead
live feet farther back thus making this street also ten
Meet wider than formerly and before another year shall
have elapsed Cedars will in all probability have been
kmilarly widencd and modcrnzed corresponding to
khe wants and spirit OF the times. These improve
mens however, have not been confined to Dey, Court
fandt and Libertysts. Fulton, Barclay Park place,
Murray Warren and Chsmber-sts, have come in for
hheir share Delapdsied buildings have disappeared
4 nd splendid five story warehouses nave sprung up
HON their ruins The same spirit OF enterprise has ex
Blended itself to Duanest the most cxtraya5an' Prices
bavng recently been offered for the properly opposite
khe Hospital grounds for the erection OF fine block OF
Wholesale stores, &c.
| Ono Of our reporters recently spent some nme III
baking no,es Of these norG eide Improvements, which
I've present below.
In reference to the great Improvements in the value
k property produced in great degree by the resr'd
kHg and widening of streets notice that houses aud
bots which before the widening, rened n, from sou
IsO and S7O per annum have been cut of and rebuilt
with warehouses, which now rent Vi nom SioOo 10
A6 OOO per annum One piece of property was bought
hcfore the widening ut about S1O,cOi ave toet were
Lut off, and new building erected, costing about
lso 600 The let is now 30 feet front an1 rear by 10
t,et deep The lofts rented to responsible parties
lon lease OF ave years at eaOVO per annum, and the
first floor la and subbascmcn. are 10 be occu
tpiea by the owners who have been offered S6OO per
tsnnum for it, but which offer they have declined as
they require the accommodation themselves Thus
property which about $4,000 Is worth rental OF
Isll,00o per nnnum
Another house rented before the widening 10 poor ten
ants often unable top pay the rent Of Gao per month
Ahandsome store has been erected, at a cost OF
about $1,000 upon lot Of reduced size, aad the prop
lefty reuts At from 81 600 to $4,000 PEI Another
property 2? feet 10 inches front by 90 feet and
e0 fec, deep with house upon it, rented for 500 per
Isnnum The lot was cut Oft feet new store erect
led costing $4,000 slsOoo rents for 5000 per
snnum and his her rents have been offered for IT,
Another property 80 feet by 100 sold for $1,000 Five
fleet were cut of; tive new stores erected, costing
slSOOo now rent for 5000 per a'RUns eaeh. Another
pece of property previous to the widening rented for
about s7c0 per snnum. II Is corner 10, - by %.
Eleven feet cut Off leaving tic present Ze 20 by
IA fee. The cost was sl3250, and the owner was
awarded 5000 that the net Coz. o. 40 lot after the
widening, was sl0,250. The new store cost from
sl00o0 to sl2000, and the property now rented at
et5Oo per snnum.
Of the great number Of new buildings which have
parung up in Ibis vicinity, notice,