New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-04-24
NEW BUILDINGS.

.pcr1TFCTURAL PROSPERITY AND GROWTH
SINCE 1S64-BUILDiNGS IN PROGRESS OR RE-
GENTLY FINISHED-Two INSURANCE PAL
ACEs-FIRsT-C CLASS STORES AND DWELLINGS
-sCHooL-HOUSEs, CHURCHES, AND PUBLIC
BUILDINGS - THE SEASON OF 1861 - A. T.
STEWARDS GRAND CHARITABLE HOTEL
OTHER IMPORTANT PROJECTED BUILDINGS
PECULIAR FEATURES.
The sharp ring of the stonecutters hammer,
and the rasping cnk Of the masons trowe already
heralding the approach Of building which prom
ses TO be one unprecedented activity not only In the
completion of unfinished structures and the alteration and
improyement OF old ones but In the commencement OF
an unusual number of costly and extensive edhces.
Our recent active real estate market does not by any
means necessarily indicate condition OF genuine and
healthfu growth but when capital turning aside from
speculation expends ITSELF never before in the cree
ton of princey residences, colossal warehouses and
stores noble business palaces spacious and comfortable
tenements substantial schoohouses churches, markets
and other works Of public and advantage, men, as IN
the present instance the community may be justly con-
graduated upon state Of permanent aud far-reaehng
prosperity such as ordinary shock easily disturb
glance at the official record Of buildings snnu-
ally begun in NewYork shows :hat in the year OF Ln-
coins election the exhaustion Of aud the
uncertainty the result of the momentous poteai
and military movements then In progress combined 70
reduce the building activity this city TO It's lowest eOu
only 7Sa new buildings being commenced In 1904 against
12i7 the preceding year. Since then TIE huhOer mas
steadily Increased as IolloWs' -as
1865 ............ I.l9O lSG7.....,.....-... I',So
1856 ............ 1910 1863. Z,Ii1
During the first three months OF the current year ha
for over 500 new structures have been approved " 30
superintendent OF buildings and those De IN ssS will
Judge expect that the number commences ~ i' "
reach at least Hree thousand and may 20 srntcndept
The recent and valuable report OF en npw hnildnss
Maegregor shows 3S alterations. ana 90 , s Some
not COMPLETED at the opening oi o,Sars will no
M these have since been finished, ana tno In ,hat ,ho
donht he rapIdy pushed TO eompeuon w ,nan,na "a
settled weather permits steauy N.ar5ing ~ msteraIs
49, facilitates the forwarilnR VI
Prominent among these struetures arc 'no wv
insurance palaces, when no one passing
s Rroodway eau fail 70 notice on tse east sue Vi 'nas
corner Of Ccdar-st two blocks above Wast
sor the Equitable Life Assurance society, The
granite and the structure 81 feet Wide oy $50
Zee. the Mansard roof The walls Of massive
hiSUess and the beams aud grders OF iron, viii make
,,e whole edce substantial as II Is magnificent lis
ns, ia estimated 100000 The other building extends
Inn Ieonardst. 20 Catharine-lane. few blocks
above the City Hall, and is designed TOT iao t a1
NewYork Lite Insurance Company IL Is co ieet wiae o
broadway by feet deep and rises 90 feet TO It's
point The material is brick faced With whe g
aud the beams, columns. and girders are OF Ho"' A'
cost will be about 81 100000. a,.sod ,t,hs
Among the first which were unr Toni
opening Of the current year. are the aysrs'oi' HUI