New-York tribune., 1868-02-15
REAL ESTATE.
SKw- -YonK. Friday, Feb. II. 1868.


NEw-YoRK, Friday. Feb. H. iscs-
After n week like the past, during wiich
,hs has been an unusual activity in the real eslA
market and heavy sales Of almost every deserpllon
,,roperty have followed clOee upon each other e'eS
A "A natural that there should be. n pause, WIN
estate men Of every class may LOOK around 'Lo
what has already been done, and make the ,ae
FOR the future No auction sales Of real estate ov =,
A. ,ht. o,t todsv and vet the number In atteDuah0
1ha Rxehaugr was hardly less than Oh previous ""!
,reek and the recent auctions having sho"n '1e
the market for various kinds OF propei " - ,lrIt
',-ero made at private sale. IN btooN'H - -
nf the market noted IN these Articles . ,o 80
fpilv sustained Especially s TINS true 'ouo'"s
It, ON the outskirts Of the city Huiiure"S
=, ..ohsn,cs clerks and others whose incomes arc
S,n,,tsd are beginning to realize that q ie" s
80 viii pay for O home, aud are making s'ie"D
sorts 70 secure lots while they can De Oousn I
. soI hundred dollars But one auction sale occuireN ~
TroorIvn today This was by order oi the Supreme
Curt and consisted Of q twO-story brick Dwelling WIN
10, on the souh aide Of Ffthst, T. d. near South Fou
:, "A s2xhaf the block, aud the house mas Tue
,noaern imlravements The mortgage OH 'hc WoP.4'S
ous TO sas 40 and II was sold Tor SsS00 IN au'ou'
The sale for cash, OF course. -..
IN, rrooklys rnion says: "Sew York IL progressing
.ift her boulevard. Hew-Jersey win probably have
Grand drive or boulevard, beginning at Bergen Point ana
running rs far north Hoboken Hights, or beyon
Brooklyn Is also making vigorous move III the same
direction After careful surveys and due consideration
OF tho subject the following plan has been adopteo
Eaehetst 70 be widened from its point OF intersection
Itb 10 the width Of 210 feet extending
10 the city line Douglas ana PTesident'ts wldehea 10
100 feet extending also the city ue the Intervening
streets Degraw and Union, to be narrowed 10
IS feet ana restricted 20 DO used ms b'aoe
streets only The bill win provide just re-
ward for all ] nds taken or restrictions I'M
posed The main boulevard saeketts TO have three
rows Of trees each SIDE divided as follows First side
walk second sderoad Is feet third walk "
feet fourth main central drive co Feet NO OuuhSe
20 be erected within 80 feet from front line making the
width between not less than go feet Dougas
and Presdens TO have two Of trees on each SIDE
with center Roadway Of co The greater value OF the
land m the vicinity Of Prospect Park VIII naturally H.
cuce building In compact manner but u VIII assume
suburban aspect advance Is made from the farA
proper restrictions Will apply the same through the
whole leng viz feet for cOuryRrd the rear OF lots
90 be used only stables greenhouses other neces
Sary ou.buldings These restrictions are neces-
sary 10 secure the property 70 hrst-cass resi-
dences The readents OF Wilhamsburgh' East New
York. and propose TO unite IN project ofhayng
a park to be called RiGgewOod Park. lying between Cy-
press Hills Cemetery and the Evergreen Cemetery and to
include the reservors-n all about 800 acres Should
this Obtain the drive Park would almost be neces-
slty The natural terminus Of tho boulevard would be
the seashore CanaFsie, point in that vicinity
At present he main hOrOugare 10 reach the shore Is
the Conoy Island road unincuubered. as 1t is by rl
track and used for fast driving II not proposed to
use the bonds of the city further this project the
property abundanty able 70 stand the assessment The
following estimate win give idea Of the benefit 70
both properly owners and the city About t,o0O
lots are included In the improvement on nearly
al of which, except in the vicinity Of the Park,
streets have been graded. and which have hereto
fore been comparatively neglected. for the reason that
ito rough character has repelled any Improvement Of
elk hundred and fifty Of these lots, or those
nearest the Park Will average in value say $3.50; the
remaining 1900 about t2O Should this improvement be
made what viii bo the results Within two years from
Its completion, is safe 20 say that 81 500 per lot viii be
low estimate Of its value thus increasing the taxable
property Of the city t5OOOOO excluding the great
benefit that viii be derived from It's influence the great
Of adjoining property. Next TO Prospect Park
plan for improvement and beautlfyng Of our grow
ing city claims much the attention and support Of our
thoughtful citizens those who look forward TO its
future welfare, the Brooklyn boulevard, which viii be
attraction second 70 IN the country and present
OF attraction and interest not to be overlooked
by any seeking desirable building site IN the vicin
4fY OF New York"