The New York herald., 1869-05-04
REAL ESTATE MATTERS

The boundary line of Passaic and Sussex countses.
so long contested has been settled by commission,
and West Milford RECEIVERS $500 Of taxes and large
tract Of land
The trustees Of the village Of Flushing propose to
macadamize the streets Of their village.
deed for 10, 900 acres OF land was recorded q
the county seat OF Usage county, Kansas, few days
since, having on 1t s57 In stamps the land was sold
by r. S. Stevens to John NJ. wetnereal.
1t is rumored that the Southside Railroad Com.
pany have proposed a resolution to continue that
road east to Rlverhead village.
A farm OF 237 acres at Little Neck was sold for
$4,000.
Brewster Hawkins estate, six acres, at East Sc
tauket, sold ut auction for $780,
The frame OF the new depot building at Clarence.
vile is now up, and will be enclosed next week. A
platform 900 feet in length s to be laid. It is to be
of Gothic STYLE twenty by sixty feet, sixteen feet
posts.
At oyster Bay thirty.on acres OF farm land tno
improvemcntsj sold for $4,000.
The summer arrangements OF the Long Island
Railroad goes into effect on Monday next. Trains
leave Huntington station for New York at $3.50 and
71s A. NJ, and 3:15 and i:45 r. M. James slip at
so7 and 10 A. NJ, and 4:3o and $3.50 p. NJ.
Mrs. Brush OF Old Fields, has sold her farm (the
Scott farml 40 acres, to John A. Furman, OF New
York. Price $4,000.
An estate near Garls, costing l,VOo,VUVl. Defu
purchased FOR the Prince Imperial.
The property formerly belonging to Gen. Scott, at
Elizabeth and which was sold to Messrs. Williams,
Pierson English is being laid or into building lots
hundred feet In depth by TWENTY-FIVE feet front.
There VIII be twenty lots on Jersey street ana 1d
public. The whole plot as originally sold had
frontage Of $50 feet, with depth OF sl6 feet.
A Philadelphia paper growing indignant at con-
temptation OF the real estate In that city exempt
from taxation exclams against II thus:"0ver forty
millions Of property, belonging TO secular societies
and rich religious corporations. is exempted from
all taxation. Why should a poor man pay when ne
can't afiord It. and the Cathedral or Holy Trinity be
exempt, when they collect $1,000 on q Sabbath :
This may be encouraging benevoence, but 1t looks
Thing pay except saIe D and UnteG States properly
The Insurance ana Real Estate Journal prints me
following in reference TO the real estate market
portancc, especially IN relation TO New York
| rected to suburban lots and these will probably
occupy the chief attention Of purchasers for some
large number Of citizens to seek cheaper roofs
than Manhattan afforded, aud they roIreaed to the
AL rss ,oess n sas
had they enjoyed the larger associations OF the ciu
but these feelings have passed away lt Is ionnd
city are more than outweighed by the pleasures OF
| the country, and those who had resorted early
duced their friends TO abandon their smoky dwell.
| ings and join thsm In q purer atmosphere. ~
\ cannot be denied tnat tnls scnsibv auccttu
| not only the demand for New York homes but for
those Of brooklyn also, and we fear that great sac
l rlnce In rent must be made IN reference 10 those
| dwellings which may remain untenanted alier the
| great day OF exodus. Business properties however,
| are still competed for with n vig0r that viii not
permit them TO fall In value, especially when these
| whether devoted 70 wholesale or retail dealings. Az
private sale the dealings OF moderate charac-
ter and but little disposition IL manifested on the
part OF property owners to create greater degree
Of bIiskuess by conceding 10 the demands OF slug.
gish market Those properties disposed OF are
chiefly for Investment, the speculative feeling nave
subsidized except Ia relation to lots plots that are
| almost certain TO share In the improvements IN
progress or designed In various localities oi tne
| Island.
i The Chicago Eccnfno Pos, gives the following re-.
view of the market In that city.--The real estate
market continues comparatively inactive, especially
for outside property. IL would seem that the late
sringency In the money market had affected prices
n, real estate all over the country as the newspapers
IN No. York, Brooklyn and In Western cities report
| deci1en,, decreased activity. In Chicago, within
tho ctv Iinits ices are fully maintained, and tue
number and money W, uc OF the sales Is fully equal
TO those OF any previous the fark Conls, as
| sioners are moving cautious anu anu, !" nrices
| as they shall feel that the pre-" .oad to
| are TO be maintained, they will pro,-. :.
condemn the land for the parks. II is believed, how
| ever by some OF these gentlemen that by waiting
the land may be obtained at lower valuation than
at present. IL Will be seen from the total sales for
tho week that the amount Is equal TO the average for
the last four weeks, and but little less than the high
est average n the most active period Of the market,