New-York tribune., 1869-05-07
REAL ESTATE.

made I'm tts eormp thIs morning 70 have been
misunderstood by ono persons VINO nave wnISoh
To the subject Almost every ono has hesu' e'eu
he has not accustomed imseh to repeat the uite
maxim that prces depeud upon the relations OF
demand and supply yet few have clear ldeas Oh
Its meaning when applied special cases. lhere are,
we viii suppose. within IA miles OF the CITY hali ''
men, women and children. Surprising TINS huiDOer "
be correct there would DO about 500 900 men ana women
old and young, living in wedlock This would gave
100000 families. suppOsng each family to have house
ITSELF there would be 100000 houses There would a'o
be great many widows, and some old bachelors ana
widowers, who would, this Utopian state OF
things have to be provided with houses. We Sih
add 10000 for their accommodation. so that
we have in all $4,000 dwellings, Now, things are,
with the amentabe oyercrowding which s so Injurious
I'm every respect to city, there not far from
900 600 inhabited houses within the circle have drawn
supposing all those families who have not house TO
themselves 70 want one, 10000 houses Will Do
,ranted But is this the demand Tor houses
20 far from IL that it has no connection with It,
suppose tnat the lowest price OF houses Is
Al zoo The demand in thar would be the number OF
families ready to pay O00 equivalent IN rent 10
soe one who would pay 81 900 for them AS ma'Ie1 ol
fact we suppose there 100000 families n1ns III VV
tenement houses in the city Of New.York froDapJ Il"
one ia 80 sangune as to expect TO live to see the
house population transferred 10 the suburbs here "o
have our 10000 reduced TO 10000 at single sroke
out any reference 10 Brooklyn Newark We
least doubt that the number Of families within our e
upproyded with houses wanting houses ana aoe 10 pay
tho lowest market prices for such houses as tDey WANT
s less than 10000 From 5000 70 10000 houses WIZ DO
built within the year. they win be built for the most
mart 70 accommodate the families which spring from
the marriages of young people who did not before want
ouses exclusively for themselves or these houses prop
ably 5000 will be built In Eew.York and Brooklyn leaV'
ing but 5000 at the outside for the suburbs NOW Nesna
say as much as We intended 10 say yesterday, II We
80 s.1.Fr1Na nm lOfG n
be equal and is danger Of exceeding the Demand Dy
which we mean tho actual demand Of actual settlers not
the mania OF speculation which has Its rise at rst In an
oyerestmate OF the actual demand, and Is after"aro
maintained by 10 prices caused by the compen
ton OF the spectators themselves.
ONE OF our correspondents enters into calculation the
result OF which that deducng onehrd OF the area for
rivera narshes rocks and sea, and onehalf the re-
mainder for Streets parks cemeteries Churches real
estate onices v&c, there only 2s96OOO iots 1xlo
within circle Of twenty miles drawn round the CIy
Hall as center Our calculation was rough enc ana
we did not stop deduct for sress Our correspondent
concludes as follows;
If the future growth OF this metropolis be based on its
average annual growth for 90 years past II WI require
gsGrs only to tT Tedepss sIde lot Of feet
The supply Of suburban lots now aetnhy ~ tne & &
crease Of this metropolis with miles Of suburbs Is up
ward OF 100000; and II each family Should Duu @""V
building sites are needed in the next II months
the year 1909 sees 100000 people within circle OF
% miles radius from the City Hail. it WIN not see many
families Inon0poEng plot 6oxlOO. Tho Bevcnteebth
Ward with au OF 531 acres contains pOpuhSoho
100 600 souls Allowing 30 per cent Tor streets ana per
cent for churches. &C., We have 2A acres
left for the building lots, which would give
1 900 lots OF 5Ox10O. and 5 persons
or nine amihes each plot The calculation shows now
closely the actual ofthngs in EewYork approaches
10 our correspondents theory and what may expect
when we have population OF 14OCOOo0 Finally, graves
are much easier built houses and large part OF the
annual increase OF this metropolis nd themselves housed
eternay IN plots by two before they even think
OF house of their own IN the suburbs and villa site Sox
100.
Mr. Beecker will sell tomorrow noon at the Exchange
$50 building lots at Paterson, n. J.
Dingee will sell at auction. tue premises, on Satur
day May g. at O'Clock 70 lots at Rye Neck, 10 minutes
walk from Mamaroneck depot on the New-Haven Rail
road THE sale s absolute close undivided interest
The lots are said be handsomely located and IN the
middle OF improvements See advertisement IN this issue
AUCTION SALES OF NEW-YoRK REAL ESTATE.
ny A. J. BLEECKER son & 90.
sios fAdonave bets loOtb and l0ltst each DNo -.
ot. Of iis,h.,t ito sfShays 2,i the block
p Abrams "'
AUCTION SALES OF RoCKLAED COUNTY REAL Es-
TATE.
20 acre, ofI.sd situate Hssusi Roklsna Co.. T. y miles
q fSunast stluos and mes from Mach l. D. COrti' 3se
Mr.. HAMIIToNs STATEN ISLAND DINNER AT
DELMONICO's.
Wednesday evening Nr. Charles X. Hamilton
OF Staten Island entertained az dinner, at Demoneos
restaurant several resident property holders OF the
island and some ~ the representatives OF the press with
view 10 make the public better acquainted with the ad
Thei meeting WAS OF cOnyyial character though sew.
era heahs were drank ana Informal speeohes were IN