New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-11-08
REAL ESTATE.

NEW YORK. Saturday. Nov O. 1909.
! On Thursday of the coming week Mr.. AndIe"
wilson r. is to have great sale Of Staten Island prop
/ erty The plots situated Castleton Highs ahu
have been known as Grand View Park. The lots are
from one TO FIVE acres in size oil commanding me view
OF the Ten thousand feet Of avenues nave oeen
cut ard graded The great success Of Mr. Wilson IN ms
operations last Summer at Rye Is 81 evidence 'na' he
knows what be done with staten l-lahd;; ,r.,
Little Whm," acres, belonging 10 MT ~ Is hallace
NJ NewYor f,r 90 GOO ] W Chewnug's farm. in SpOtt-
sylyana County acres for s2 per acre 10 r now
land OF New York Mrs Wrights farm OF 425 acres IN
Caroline Cnunv near errpls Mill. fer &c. 500 cash. Also.
Capt C. T. Smiths farm, IN Carnlme county, near Ches-
burg OF 80 acres 10 James l. 4adierO esd lOr flow
At hearing" in Boston on the project OF filing in the
West BOSTON fats Mr. George o. ShatIuck, IN considering
question as 10 Tie Necessity OF an Increased supply 9l
land produced figures tn show that Of the territory made
hv Tie Commonwealth on the Back Bay within the past
twelve years, ouly Onethird had been occupied aDd
enough remained TO supply all demand for the next I9H
years II fats of Charles River 20 be filled II
would require EO9OooS to accomplish II, Owing 70 ne
muddy nature, aud when filed better land eould DC
purchased In superior locations for much less price
BE would venture TO say ed allow ms pteaoe9n ~ "a
placed on record, that before the land eond oe
would ever be- made Parties were now holding land
that they could not sell at cost including interest
cent sale Of +nnsrfv near that cy "The sale 1t says.
was gratifying exhibition OF the confidence felt IN the
81 Of % scrl Of fy land about two aud half miles
from the centre OF the city, on Twelfth street nu
rQadg snhqYldeQ lutO fenced IOls OF IION -
acres EACH Every lot was disposed OF Ihos@ or the
smaller size realized from $40 10 to per acre the medi-
um sized ones about $685. and the ten acres Q atthe rate
Of S2O5 tho average price per acre beng S264 Two
months ago the track was purchased for 800 per acre
Deductng the cost Of surveying, fencing, advertising,
etc has Melted its In that brief time aboutsOO
The Increase value Otreal estate - more noticeable
In the outskirts than the center ~ the city, owing 10
the pushing yariOus lines Of city railways, ajon
ing which property has doubled, and M many lucdtns,
Ouadrupled IN less than hve years Probably no CITY
could he named In which greater nuinbcr OF nome
sieads owned by the working men Tbs, WIN Iee
large increase manufacturing establishments of late
years make solid tue prosperity OF the ey ~
well as expand its growth II has been nOuctaDle
nce last Winter that although real estate was not IN 80
speculative demand as the previous year. inert was 10
II which the buyers not as numerous az the
sellers In fact. owners OF single lots have not only held
them AT Increased prices but added 90 previous pur-
cbases al every opportunity aud lot not worth the
price paid for il any time for years back is not to be
found CITY. The reason Is apparent Ihere II nor
a place IN the United States ia which property can be
had reasonable ptices, the commerce, health,
aud other advantage considered, than Detroit