The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-04-03
The Hs'u Orleans @restenl.
SATURDAY MORNING. APRIL 5. lsss.
CRxscEEf OFFICE, ~ Camp Street. ,
New OrlsanG April s lSn

OfIo004
In city where house rent is 80 very high - It
4 IN this. II 10 asonishng to us that 1t has not
tered into the heads Of some Of the owners OF
large pieces OF unproductive properties to I'M
prove them BY building cheap and comfortable
tenements, or, II they shonId not have the means
to do 20. to enter into combinations with those
who have, and divide profits.
Some Of the most eligibly situated lots for the
residences OF laboring men and clerks on limited
salaries, are left vacant, and are source of ex-
pense instead Of profit to the owners, when, IL the
cheapest sort Of tenements were upon them, the
whole could be made pay at least 1--WE per cent.
interest, after deducting taxes, insurance. etc.
in much more rapid manner than s'Se
while all those Immediately surrounding them are
benefited proportionatey. For instance, lot
worth 500 when unimproved, would be market
able s 81 s slSoo there vas built upon 4 house
while IL left vacant Il would cost the owner sons
ten or fifteen dollars annually for taxes etc. And
If the lot next to II would be Of the same value
previous to the Improvement, It would almost
double in value sftsrwards-for, next to q lot
being built upon, II for Il to be IN the immediate
neighborhood Of those which are.
We know of squares Of ground which are now
entirely snproductivs and sources Of expense to
BY such course. And yet they are allowed TO
lie vacant, and help to keep others in their imme-
date neighborhood In the same condition.
1t appears to rs that 1t would be much wiser
policy Tor their owners to enter into an arrange
ment with some worthy end industrious persons,
giving them O long lease on easy terms, with
chance to buy ct Q certain price during the lease,
and at :, it, expiration to pay him the assessed
the real estate owner would be sure of return OF
some kind upon his property, and, ct the same
time, IL would be enhancing in value constantly.
The sales Of real estate advertised to take place
to day are quite important, and comprise many
valuable and desirable properties. We advise
general attendance at the two auction exchanges.
The following viii be offered by Messrs. Nash
4 Hodgson, ct the St Charles Exchange, at II NJ:
For succession OF w. A. Violett:
Two three story brick stores, Nos. LOG and LOT
New Levee street, between Julia and St. Joseph
streets.
For succession Of Samuel G. Risk:
A superior tract Of land in st. Helena parish,
near the New Orleans, Jackson and Great North
ern Railroad, and TaDgpahoa.
In the matter Of c. A. Doty, ct ais, vs.. Benz.
A. Mayo, ct ais:
between st. Andrew and Josephine streets.
One fine building lot OF ground on Josephine
street, between Franklin avenue and Liberty
street.
street, between Liberty and Howard streets.
The eligible raised cottage residence, No. 14l
Constance street, between Terpsichore and Robin
streets.
the corner of Csrondelet and First streets.
A new cottage residence on Laurent street, be-
tween Philip and Jackson streets.
Twenty-fo improving lots in square No. Sc, In
the town of Rickerville, Jefferson parish.
Eleven improving lots in square No. 49, in the
town Of Huntsville, Jefferson parish.
Sixteen valuable lots In square No. Il, In the
town Of Bloomingdale, Jefferson parish.
Fourteen desirable lots in square No. 80.
bounded by Common, Julia, Ullos, Napoleon and
Alexander streets.
Six improved lots in square No. 1873, bounded
by Hogan avenue, Palmyra, Rendon and Gasquet
streets. ft p 1.etir