New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-02-09
RENTS AND REAL ESTATE.


ny has 70 30 decided whether The houses StoIes OF O
Poee let by the year sha be retained ut an increase IN
many cases. Of 20 per cent over that OF 1850 decisions
ere slowly given, the majority pHt'lhs OH Inc hh"l
answer tie last moment In hopes mat TIE owners OF
seal estate win be forced reen and allow the rents 20
soman the same as last year The latter are eamoring
FOR the present tenants to make up their minds and con
hdcnty assert that applicants plenty at the advanced
rates
The occupants Of downtown stores viii generally re-
main their present locations and many OF theo VIII
Fay large advance rather than submit TO the uncertain
ty aud Of moving The demands Of the landlords ana
agents are forcing very many small housccepes into the
surrounding cities and towns who would otherwise re-
nthe city, and the houseownels are Thus building
ND thcse outside precincts at the expense Of NewYmk
The whole class of hosc@cPcrs in renting houses are
naturally anxious for the futur It is not pleasant TO
know that you be ont OF the doors Of which you are
uow custodian by noon Of Wednesday, May The first,
while You don know where viii be yOur next abiding
place. But, the other hand, il is much more aggIe-
waiting 10 purchase assuIance.Of q future home al
price which weeks hence You may find q per cent
agher than you could then procure equal comforts Tor
We aITlmow that rents have steadily adv eced for the
part few years The ratio in which this advance has neen
made may be Illustrated by the houses owned by MI
AsOr Thirty fourth st., near fGthaNe "hcn are OF
moderate size not more that 90 feet 'front.' il as much
Several years ago houses rented for $3.50 eaeh the
Uost year they were advanced 10 5000; last year to
eO and this year the agent announces that the oec-
pant must pay $500. Whether this very heavy advance
can 10 sustained remains To he seen. We hear OF one
asc however which MT Aston beuSHoffercd $3.50 by
n tenant who had previously paid S,7Jo, accepted the
lesser gum.
there an active and increased demand for stores ON
broadway between Beecker and Foureenthsis, and 1t
Will not lie many years before the residents upon the
north aud east side of Umonsquare will bc oHsed by the
demands Of trade Large advances are being asked Tor
Fores in ths vicinity, aud several new stores are IN pro-
Eess Of erection 70. -
The ereater humber Of banks and Insurance offices own
her own buildings, they do not suffer from any mia
ton in rents brokers offices in and around Wai-st Rt
from s. coo 10 5000 per annmn The chamber occupied
Ny the Board Of Brors which not larger than 10 feet
by co. yields annual rent Of $4,000 Among the most
noticeable buildings that bring in large yearly revenue
90 the lucky owners may be mentioned lfhty bWuhs'
8i.sey Building, corner OF Broadway ana Couftano'st'
and the marble building corner Of NASSAU ana CedaIss
ahs asinamed structure was erected at the cost OF
pOOoCO and is now let out offices that return rental
pft2JO,oCO per amum.
TEREMFNr IND OTHER nOUsE RENTS
Little is definitely known at this carly day, concerning
e temper Of Landlords or the extent to which tenants
may nc coerced hut that little assures MS that tenants
Will regard any general advance by the landlords ae ntte
short Of downright outrage It is not however the land
lords that are moving for that increase IN me price OF
beuseIents which is threatened hut the roales'afe
agents The hitter class have taken long leases OF such
roprty as they have been able 10 get into their hands
and having proftod largely by their operations in lsCe
ben they made the wide margin between currency ana
gold their exense they seek another increase Win
out any excuse whatever except perhaps may be the
Increase taxation, which Or ingenious city government
tsIong up from year 10 year, and which must come oGt
az those agents ouly who have leased houses "th ihe
agreement to pay the taxes thereon.
A. far as or reporters nave been able To learn the most
considerable advance TO be attempted upon second aud
trdclass dwellings, the agents theory being that Tor
houes Of these CLASSES the demand must exceed the sup
loNp M
n some eases the agcnts who have tass or tenement
dwellings to let have already demanded an increase OF
than per cent. Thus number of the numerous
1vestory tenements in the seventeenth Ward yielded
oir the agents last year. 81 30 Tor every three
rooms on the first floor second story dhe first story
being almost invariably tradesmans shop, $40 for like
apartments the second floor $l2 the third floor, and
40 on The tenants have been notified that
the Ist Of May next they must pay for these apart
pa 60 SD 81 60 and $40 month. IN the Eleventh and
ghirteenh Wards few noteworthy changes Of price are
Known 10 be contemplated hut old residents who are en-
cymg the cheapest rents in the city, do not speak Will
confidence Of their chances Several II these, who
paying $50 each for twostory dwellings, With ates and
bssemouts have learned that next year they must pay
$50 II the Tenth Ward several tenants who paying
$500 have been warned that they must pay $780, and in the
Seventh two or three tenement buildings, which
11olding their o. 900 year. be let for Oo
u the landlords get that An additional 500 has
been demanded for and houses in the Twelfth
Ward; and IN the Eighteenth Nineteenth and Twenty
fret Wards about 10 cent is the rate Of increase On
The West side 400 demanded for houses which
let in May last for 400 and in exceptional case we
learn Of an increase 81 400 $500 Houses which
DOW yield their the agents from 1900 TO $500
are nearly stationary, and possibly may be leased for less
money. But wherever inquiry has been made, nobody
bas heard OF any decrease.
Brooklyn prices less than those in available local.
Ges this city, but they still too high for the purse
Bf the mechanic clerk unless DE long distance
from the ferries consuming much time upon the route
IN South Brooklyn there many pleasant sites and
comfortable houses, which rent from 500 10 5000 per
year TIE distance from the Wall and Fulton Ferries las
Diminished the value Of these dwelling places but
new ferry s talked Of, TO between wast and Bay
6idge OF the vicinity Of Tiftiethst, Gowanus should
Ss lie done this locality will be easily and pleasantly
Neaehed during ordinary weather.
Re1Jersey offers greater pecuniay relief 70 the over
charged tenant than Long Islad7 Comfortable houses
can be rented in Newark, Orange, NewBIunswcB, and
many smaller towns at what those who have been
tomed to New-YOk prices must consider reasonable
There are many cultivated and social communities
throughout northern Hew-Jersoy whose residents may
live comfortably upon moderate income The ferry
By Is great drawback TO these advantages, and prOba-
by the Hoboken and weehawken Ferries the worst
ftesiOt -
The following selection from sales OF real estate within
TIE past week show the range Of prices in the localities
PANIED: ?,
koytb and Whtehallsts-EasleIn Hotel No.
e0nthst, and Nos 80 81 and "A Ehthallst..
stofiee high, covering entire lot 45t on South,
l012 on Whitehast losSj on the easeIly line Sleco0o
East RiVeF.-Bulkhead east f Wbltehalfst, l2lo
with al right title and interest in PjeiH NOS p
e, .cIil5 lldOOO
ave ~: :. ~, 80, sgo