Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1866-08-23
RENT DAY In NEW YORK.
Some Enormous Figures-Who are
the Great Landholders.

Cor. Rochester IN. " Democrat
The reason why this lst of August
may be styled the great quarter-day is
that it was the first maturity of the rents
due under the new leases issued on the
lst of May, in most Of which an enor-
nous advance was maintained Hence
the ren's collected on this occasion was
vastly greater than any heretofore known.
Among the items of the occasion we may
mention Lo!hrop & Euddington's check
for $1,000 for one quarter ent of marble
store in Broadway, paid to james r.
Whiting, the noted lawyer. Another for
$1,000, paid by the Secretary of the
Brokers' Board for the use Of their room
(only one room and in the second story,
80 feet by GO in Broadway; TO which
may be added $40, 600 collected from the
tenants in Trinity building for the same
time. This building is 40 feet by 100,
and five stories high, and returns every
year nearly its original cost in the way
of rents.
For a week before quarierday the
landlords were busy preparing their col
lection rolls, and when the long looked
for time arrived, the clerks sailed forth
to reap the golden harvest. Mr.. A. i.
Stewart took in about $50, 600 The Loril-
lards received AS much more, while the
Stuyvesant collections probably amount
to twice that sum.
The consistory of the Reform Dutch
Church collected not less than $50, 900.
Trinity Church receiptod from a rent
roll which covers nearly acres OF serried
blocks, and teeming with tenantry. W.
B. Astor's were on the rush for a long
time; since one brief day does not suf-
fee to call on 500 tenants and take in
5000, 900. AT four o'clock the collectors
could be seen entering the Prince street
office with their portfolios swel!ed by the
pile of checks and bank notes, which
we're Immediately counted and credited
to the tenants. Among the best things
in the Astor list is the hotel of that
name, which is good for $4,000 year.
The Park theatres, so called because
built upon the site of the old theatre,
are of nearly equal rental; and the
grand marble warehouse in Broadway,
occupying the site of VIM. b. Astors
former residence, is another heavy item,
say S25, 900 per year.
The greatest variety in real estate is
found on the list of A. T. Stewart, who
owns, in addition to other property, two
marble warehouses, theatre and two
churches. One of the latter is of Bap-
tist origin, the other of Unitarian. Mr.
Stewart allowed the latter to be convert
ed into theatre, where for a short time
the Thespian muse, in the person of
Miss Lucy Rushton, took the place once
occupied by Orville Dewey. The thea
tire, however, failed, notwithstanding
Miss Lucy's attractions, and the church
stands vacant. The other theatre is
commonly known as Niblo's Garden,
from its former rural and floral charac-
ter But the only garden to be seen
here consists of few fir trees growing
in painted tubs. Mr.. Stewart is now the
largest holder of Broadway property,
having made within the past ten years
heavy purchases.
The amount of rent paid the various
real estate owners at the lest quarter-day
will equal $40, 1000, 600 of which the lar
gest amount will be Immediately loaned
on interest or devoted to buying real
estate. Aud now that the day is past
and the rent all collected, the landlords
misery removes itself three months
before another dollar comes in-how
long how long?" Such are the sorrows
of the New York landlords.