New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-10-11
REAL ESTATE.
Npw.yoRK. Saturday, Oct. Q. 1869.

NEw-YoRK, Saturday, Oct o. 1862
morning paper of to-day devotes three
columns TO the subject OF buildings IN this cy' cum
corning which the manufacturer OF the article mas ev
IDENTITY aeen heard, and misunderstood considerapc'
The article commences:
"The business Of building this year has not been
"a lively during the three preceding yeadS and the
have not been many frstcass stores ereceu an AL,
number OF private residences OF the mgner Olui IT, -
proportonatey fewer Builders That materials pre-
TOO high, and that the eighthour mGyene' h"'
ably increased the wages OF the wOrkmeh.
IL would be impossible for anything 10 be more COM
pleteIy wrong than the above statements Building ma
ters lower than ID has been since the war; ana neither
the "eghthOur movement" nor any other influence has
increased the wages Of the wokuen' Inc business OF
house building may be lively as had been antici
mated but il certainly does not fall below what in
Co. '67 and 6s On October IS, 1863 the last plan APP
proved of by the superintendent Of buildings bore the
number 7G7 The plan given in our list Of Friday last
is number lO72 From this il would appear that at all
events more buildings have been commenced and are IN
process of construction than there year ago. The
whole number OF applications made for permits in 1863
was only 2 and the number of permits issued 90 In
1867 but III applications were made and CSC permits
granted In 1906 629 applications made and $50 per
mits issued The statement that building is less brisk
than in the three previous years may therefore be dis
missed as palpably erroneous.
1t may, however be granted that building is not as
lively as contractors Boulevard" spectators and land
explained without laying it to the charge Of the high
wages demanded by workmen and the Immense cost OF
BRICK which, says the article In question, els quoted IN
market reports at " 1000 but actually costs as
much SIS per 1000, when laid on the building We
supposed it generally known that tenderOin steaks
per pound than beef cattle on the praires OF
Illinois The correction OF another blunder in the same
article will enable us to throw the necessary light this
matter extract the following the subject of rents
ain this connection, in order TO show the immense
percentage paid on Investments made IN real estate ~
table OF few Of the buildings referred 10 III ths
article, and the rents that are expected for them by
Bidiaa ..cesd building Cost ReD' sIgsstsd
E F.ss;; :s 1900 1900 i $500 S'''' l''oo 5000
This shows that the rental averages little than
The only correction required for the column of cost
seems to be the addition Of some tIihhg sums ior ,e
value of the lots Broadway on which the above stores
and factories situated What additional corrections
expectations Of landlords in regard TO rent may re-
ceive, we have no means OF knowing. ,,
The truth Of the matter is that we have been building
structures danger of becoming drug in the mar
ket other words, OF them have TO race the
William Gowans gentleman whose accuracy OF observa-
and statement is not 10 be lightly questioned has
and lots . to be let on Broadway:
east sde and from thence UnOnsquare the west,
took the trouble to count the number OF houses sores
on The s excursion The following Is the result Houses
I'VE or six stories HIGH III stores flush with the street
ali 2g II this things be in the green, what will
it be the dry otherwise how apartments must
there be to be let IN the City OF YORK, basing an
estimate on the foregoing statsticsT
The above calls for no comment We by no means be.
leve that NewYOrk going TO come 10 standstll put
surely desire rents TO be higher than they
would be by the Datura relations OF demand ana supply
in NewYOrk as they are In Paris, 10 accommodate,
and to accommodate decenny several families. Is a l
spectacle to be compelled TO rent fourstory brown
stone house. The Inconvenience OF living In Tour be
houses or any other description OF existing tehen9ns
houses intOlerabe. Boarding houses are ruined as
the happiness Of this world destroyed by the Devil
We don't expect the price OF land to fall bat we do trust
ton comfort and economy are still priced by con-
siderable fraction OF the human face.
MessTs A. y. Smith a. Co. have sold 10 MT j. Brown-
ing OF Canada West fine orange and cotton plantation
in East Florida containing S9 acres ren oG n ,n
Messrs. Smith Co. have recently contracted Tor large
tended for large colony OF mechanics farmers and la
borers The examining committee for the colony leave
NewYork for Missouri Monday. The tract referred
TO is admiralty located the waters Of the ST. Francis,
Big Black and Cumta Rivers section OF country
Astounding In fine springs valuable Timber water power
sufficient for all purposes and ranges for cattle horses
and hogs unsurpassed
ton sale OF ots Paterson by Mr. Blocker account
of the Dale Manufacturing Company No free passes nor
Of unohaters who infes suburban property on occasions
weies can discourage these parties eecual
means should be adopted OF getting rid OF them,
week with the sale OF lots Carlsadt Mount Pleas
Park, N j., and follow their lead on Thursday
with the sale Of 1000 villa plots at Norwood on the New
Jersey Northern Railroad. The preparations and out
giyngs of Messrs. Johnson Miller have convinced us
tL1t the latter will be q grand affair.
Messrs A. ID. Melllck, r * Bro. have sale on Tues.
day OF 1870 villa plots IA Westted, n. j.
NIessrs Muller, Wilkins Co. have a large sale on Tues
day OF 500 city lots IN Planfied, forming part OF the
wellknOwn Washington Park property.
Messrs Mallory Blackwell also take the field on Tues
day and will encounter the bidders on Laurel H L. L.
where they propose 10 strike down 275 lots
wilkins IL
III Broadway, Monday noon, two fine dwelling houses
on West Twenty ninth and West Thirty -sevent-sts.
number of other auction sales of real estate ad
versed IN this paper full particulars Of which, and OF
those above mentioned, may be found IN the adjoining
columns.
AUCTION SALES OF NEW-JERSEY REAL ESTATE.
RIA j. BIEECKHR SON A Co.-PATERsOS PROPERTY.
lot 100 Of GrAndst 2jIlOO &3b
lot on sdioipipv
D lo,s an Dneave "A ofG rsnd.s
ot on Grspd.st cor bale ave 25rg2
Ioi on Grad. sta adjoining.
LOT Grand. adjoining
2 LIZ. lr.A AnAn r4l aacL