The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-12-01
REAL ESTATE MATTERS.
Bridain2 tho East River from a Real Estate
POINT oi View-SaIes Yeater.,nr

Point al Vfew-SaIes Yesterday
Every dlv the subjec OF real estate is attracting,
mere ani more attention among people, VIII ether
con iderci in regard to improvement or speculation,
and the rapid expansion Of New York Suggesting
new and more pracucable schemes for bringing into
close communication with the centre the outlying
districts. The two great desiderata at present are
an Underground railway, OF other expedent that
Will furnish the means OF rapid transit tn the upper
part OF New York is,and and Westminster county,
and bridge or bridges across the East river, con
meeting brooklyn ami other parts OF Long Island
with the metropolis
The irst mentioned project, which short time
ago was being entered upon under the most iavora
bic auspices. seeias to have entirely subsidized. II
Is sane however, to assume that il for time put
GU Of sight by the prominence OF Other lat ercss II
nas not died oat The practIcI9ility Of the under
taxing Is admitted; OF It's paying when completed
there IL 90 doubt AMI consel 1ently Its ultimate
aev1npI- hinent can DC but U question or time.
WIN regard IA the second enterprise u es5 favor
able beginning has been male. True, charters have
been gran Cd, Corporations anzed and even sound
III inatei olL begold tts the prospect Of u tige
RON Aew FORK 70 roklYn, haa assumed deunite
snare aud stii as anct matter OF speculation as
" neither II ever viii uc butt as When rs he natter
MAS agtaied In the discussion WHICH thus que lion
OF bridge gave rise to two localities atrlcte most
attention sal aule sltos-one in the nele orhood
% EuitOn FtirY, tie other across tie narrow por-
ZION Of the river be.ow B'acswcils Island Ii is
geh erdH% believed, W tn how much truth we cannot
clpa mcorporators for Constructing bridge at The
nrst mentioned pont, VIII decay or prevent tae ace-
ton u The work uitli, or unless, smiar WORK is
commenced at some other nace--an unlikely euter-
pii7e taey consider, as LotoueIing equal iaeites
III building ur the same chances or paying
In TINS latter conc uson the onion Ferry Company
are, however, a little mistaken. ine drawn from
the hish, rocky bun al fory-seyenth street 10
Ninth street, hunters Point where s.niar eieya
ton exists would cross the rac1y ledge o the lower
end OF BacSwel's lslaad thus Supplying three
points for foundations 10 piers that Would otherwise
hilt wond enter the hearc OF lie clty aS end
ale tile other would co laincac with Lie most
central point Gs regards means vi tiaye aud tr,ils
pofatlon on Long s!ani. Large ia the pedestrian
travel over tho BROOKLYN ferries II Is by no means as
remuneratve as the HEAVIER transportation a
fF@ts poiton OF Wnicl one marker WAGONS tn.lt
come NON al points oa the island with garden stan
wouli De diverted towards TINS bridge. Besides he
ratfoAds Already making LIs p9iat tier depot,
others Woui inl it 10 ter advnla4e 10 co nc mere
also, a. they coaii use steam right down TO the
Again, with the removal OF the distractions at
Hell Gatc AMI the use OF tut passage ~ the proper
ciaunel Of exit an entrauci Tor olr commere here,
both sides ~ the will be the bnsln IS cen re
or The metro Oils, and tile present unaproved water
front on Long Island viii t,en be bnlt up aons It's
whole extent with warehouses; similar To those
now IN South Brookl,n, anl rs means or
facilitating the despatch of business bridge At this
point would DC Of incalcuIoDle benefit. Wal MOI
somcoody inaugifate Q movement, as mere sus,
eested, which while aiding In tile appreciation OF
hota Sew YORK am Long Island real estate would
sop the onward march OF this great city for their
mere sefaggrandizemelt, anu perhaps urge them
to 90 VITA the worh entrusted 10 them for the &C
conmodati0n vi the toGaanus, annually INCREASING
Who are obliged 70 cross che RIVER.
Whoever could adj . block to the real estate OF
New York island, II ono OF Its most popuoas dis
tficts would be pubic benalac, or, III 50 much as
the relief II would give to the crowded condition OF
such locality, AMI II able to dispose OF 1t. migAt
realize handsomely. ans was inadvertently done
here on sunday, IN the description given OF ,ne
property sold by u. 1. solomon Tor s7oo,u0 In
seat Of being the en.ire block bounded by Broad
way and Sixth avenue, Thirty-ihird ana Thirty
fourth streets which has no existence, 1t should
have been the entire book on broadway ala SIKH
avenue tbcing Just at the jnnciiob) between 1hrty-
ir aud ty-fourtn streets, tue other dimensions
Jcllg correct vz.:-.07 fec. on Broaiway, aad run
ning back Ia feet inches Thirty third street and
Ia feet on Thrty-iouItb street.
Business was very duh IL tile Exchange Salesroom
calerday, there ben, only two offerings VIZ: by
aeEsra. Muller wilkins IL Co., as lolowslhe two
story aud attic brick house and lot situated on the
easpry side OF Blocker street, between Christopher
AMI Grove Streets and known rs No. 3u7. lilo ise 10 &c
by about 40 fcct lot 1910 front, 1913 TIA south
iiue, 1913 north line, which sold for sl2,9 and by
James Phelps, Jr OF the three story Phlatelpnls
brick house and lot o. Willow row, Seven thirt
street ninetyhve feet from Third avenue, house Lol
~, lot 2Uxlu2.2, which was purchased by L. Spon
garm for Sl4,7 5o To-day promises 70 be much NOR
/ lively.