The New York herald., 1869-01-10

Large Snlo Of City Pr0perty-Two Blocks
for O-Improvements-T'hc Bridge,
the Klngsbridgc Road ard the Elevated


the KInssbridge Road ard the Elevated
S,rOiOn Naturalization sales for the Week.
The past week has Furnished foreshadowings
neither slight nor ndistinct OF an exceedingly active
spring business in the real estate market far out
stripping all precedents, with promise OF continued
and considerable appreciation OF both city and
suburban property. Prominent among these Is
the purchase and sale which were yester-
day effected OF two blocks west OF the
Boulevard and east OF Tenth avenue, between
sixty-third and Sixty-hfth Streets for the sum Of
5000 900 cash. The parties to the transaction Il.
Hanford the agent who negotiated with the several
interests involved and Lewis e. Brown, the pur-
chaser, the sale being not only one OF the largest
made in real estate in this city, but one OF the largest
cash transactions between private parties that have
ever occurred here. Tile design OF the purchase is
give additional impetus 10 the transfer Of the
fashionable quarter OF the metropolis from its pres
ent location, where it Is being constantly encroached
upon by the extension Of business and cannot much
longer maintain its ISOLATION 10 the west side. which
seems, in a survey of the various currents OF pro-
gress and development which now around the city,
TO be that region where 1t Is likely to remain longest
undisturbcd, having ample room FOR expansion In
the direction evidently marked Tor its final settle
ment-Fort Washington. 10 this end scheme IS
arranged for the erection OF first class brown
residences upon this plot which. by their
simultaneous completion. will offer 20 our wealthy
citizens the attraction of arstocratc neighbor-
hood at once thereby avoiding the uncomfortable
and urs slightly surroundings presented IN any section
during its transition period
The auction sales during the week were compara
denses Of the tone Of the market very encouraeing
in their results. The trst sac OF the year
was Of BrooSlyn properly by Messrs John,
$1,000. which included two Prospect Park
lots, each 2oxi3l at $3.50 each. on wednesday
to $40 100 and OF unmpr0s ell property two city ots'
Si,l0O. Thursday was the only other day OF the
week on which auction safes OF real estate were ed,
the offerings consisting of brown stone house and
lot by A. J. Blocker, son Co. and two tenement
buildings and lots, which togener realized S4s 40
the aggregate sales for the week taus amounting TO
$50, la0
The new year has opened auspicously upon many
long agitated and much needed improve
ments. The great project OF connecting New
York ana Brooklyn by means OF bridge
and being finally recognized ali sides as a neces
sity, IN view OF our rapid growth in population and
the logical wants OF progressive business commu-
nty has secured the corporation OF the corporate
authorities OF both cities, and enlisted In its advo
menf. some few amendments 20 The present aci Of
incorporation are needed To give effective appllca-
ton 70 the new aid preferred and these no doubt
The prospect OF an early completion OF the
Pacific Railroad should stimulate earnest action in
advantage OF the increase IN trade which Il certain
10 result rom this great work, Already the great
engaged In active competition TO secure through con-
neciions to this road, and In their efforts to consum
mate that end have shown u lavshncss and spccu-
atve enterprise that has surprised all who do not
properly weigh the object In view, but which, when
considered , IN q that light gives only an approxi
native view OF the grand results approaching
development. No matter what connections may
be n made -, at. to - this his ,i end New New, York cty
cinc trade. No other harbor offers such freedom OF
access, and nowhere else be found the same de-
freight, whether towards the interior OF the Con-
tinent to the Pacific coast and thence to
| Asia. TO the markets Of Europe.
The removal OF the distractions at Hell Gate which
| Is TO be commenced tomorrow. cannot under this
and IN the demand that VIII arise for or
room, for large and comn0dious warehouses. push
Ing our working population OF the island in greater
numbers II In important. II We would not lose the
advantage OF their residence IN the state, that
| provioe rapid and safe means for them 70 reach
homes on Long Island such "a win enable them
easily to journey to AMI from the metropolis without
occupy Ing too much Of their time FROM business In
ordinary travel or chance Of delay. otherwise we
must be satisfied to zee them remove IN large NUN
bcrs 10 another State, adding to its wealth aud In
| While these important improvements cali for ear
nest attention and prompt action there are others Of
less general interest but more The ess Important IN
| and proper consideration.
| The main approach to New York city rom the
ward which leads from ionkers ana has been recently
laid out and improved BY commissioners appointed
| by tile Legislature. This boulevard IN correction
with the old Kings Bridge road which is really
| Broadway contInuedl, or by the new
| Bouleyards on the island nfrords drive Of
rare beauty through region celebrated In Revolu-
tionary history and the rapid growth OF the city has
brought II within reach OF the residences OF most Of
| our citizens. Like most things In life, however,
II has its drawbacks, fortunately not incapable OF
| removal, In lts passage through some nfty one
| hundred acres " land which II ovcrlowed by the
| waters of the Spuyten DuyvI creek, through which
an estuary OF the creek extends, and covered half tie
| time with water and the balance with slime.
| The drive through this marsh after night.
| fall Is peculiarly damp and unwhocsome aud
| the mist that hangs over At makes the access
TO the city insalubrious that or Rome through
| the Ponline Marshes The dwellings In the vicinity
being mainly the high land, on either side OF this
valley and above the region u masia, are healthy
and free ffom Its disadvantages EXCEPT In access but
every who has driven through the entrance OF
the valley after nlghtall viii remember the sensa
| ton.
| Yonkers Is rapidly growing south and meeting the
approach of New YORK, aud rls land wiz soon bc