The New York herald., 1869-03-22
REAL ESTATE MATTERS

Tne only sale ut the Exchange on Saturday was
~ q. II. Ludlow Co.. OF . building and lot
HO. 81 West Ninth street, near Fifth avenue, lot
t6x02a, which was disposed Of for $l4,6oo.
the progress OF Mr.. Caudwes bill, introduced into
Ahe state Senate week. incorporate the lower
bortion of weslchester county into New York city.
WIN be looked TO with much interest by the residents
bf the district proposed to be added to the munich
baiity Of New York. The project, however although
DO earnestly recommended by Comptroller Green In
his report to the Commissioners OF the Park Is still
crude one and IL doubtful II 1t can receive that
consideration at the present session which II is
proper should be given IL in order to reconcile all
Tho various conflicting interests arising from
khe complex relation Of municipal county and
Metropolitan Pollce district division That now
Exist, the short tme allowed for discussion pre-
eludng the possibility OF efficient, as 1t must be
hasty legislation determining the degrees Of power
belonging to the different authorities In each The
annexation OF Westchester county to New York is to
De but the preliminary movement to the addition OF
Brooklyn and the adjoining towns and villages OF
Long Island to our corporate limits. The greatest
bare then is necessary that the initial legislation
khould be Thoroughly well digested anu comprehend
Rtvesas to prevent conflict arising hereunder that
would initiate against ITS favorable acceptance and
20 render moro dicLlt OF accomplishment that
kEaich the supreme interests OF the metropolis de-
imand at no distant iuture-the uniilcaton OF the
Pgarious municipalities, towns and villages OF the
metropolitan district into one grand metropolis, hav-
nng common laws and common government, as
i&hey have now a common interest.
\ This movement however, although as yet uno1-
t8ested, to extend the corporation limits OF New
York as proposed by Mr. Cauldwels bill, has given
= great impetus 10 real estate speculation IN West
lchester county During the mild weather OF the
past winter ana the present spring great Impetus
mas been given 10 improvements In Morrsanla.
Nearly million dollars worth OF property has
lChanged hanus al private sale or under the auc-
Lti0neers hammer. The lots sold nave been bought
mostly by those WHO intend to build. over two
hundred buildings are III course OF construction. and
is intended by tne owners OF vacant lots In North
New York, Mott Haven, Merose, Morrisania, Wood
egtock Forest aud other villages OF the county,
10 build over i've hundred more during the coming
hummer.
why do our real estate statesmen hold their evees
IN such miserable ana lily adapted quarters they
lof Trinity chureh3 queries correspondent. We
have considered this subject before and
knnd the reason TO be that nowhere else
IN the same neighbornOod can even so good
thccOmmOdations lie Obtained. The new National
Stock Exchange. Ia order TO get room large enough
Vor It's purpose iged 70 go so far down Broad
lbtreet To seriously endanger ls chances OF sue
sCecding The estate auctioneers could not afford
NO remove their business very lar from the present
location, and there arb hardly enough or them VINO
make feature OF pubic sales TO purchase desirable
Fuite for q building down town ana put up such
Dtructure the character OF the surroundings there
would demand.
The following n summary Of auction sales OF real
yesate during the past week in gross aud continued
rom our last report