The New York herald., 1869-02-22
NEW YORK HERALD MONDAY FEBRUARY 2 8es-rRpLn SHEET

along the whole line Of the road; the cars 10 ne moved
by means OF endless chains By STATIONARY easlnes, and
the traius 10 30 1t intervals Of not more than hve
minutes through The busy hours OF the day, aud at
speed Of not less than twenty miles per hour.
clIizens even on tue confines OF East
New York, Bath Bay Ridge would be
We ada 10 these means o 1s1 rspa ns tho use
OF fast but perfectly manageable dummy engines on
the Atlantic street and Southsde Railroads and the
canized rubber 40 successful In Edinburg) on our
otner principal streets we shall make Brooklyn BY
far the most accessible OF oil the suburban cities and
towns OF tue region ana our population VIII double
IN the next fve years.
Tne present activity Of Brooklyn property IN the
market. wnlch - second 0ly TO our own 'West
side" lots, and its appreciation even more remark
able. foreshadows such results The tact that u y
now 80 cheap, In comparison with property on New
York island equldstans from the centre OF business,
IL an encouragement 10 hope thar IL win be largely
availed ol Dy our thriving. careful working popuia-
ton as site Tor permanent homes, thereby securing
their comfort and happiness, without which NJ COM
muniiy may oe said " prosper. But that this dter-
ence IN value VIII continue long under the present
excitement and In the prospective demand cannot
be expected. writer on the subject OF Bay ki0ye
lots, which have recently appeared In the market
gives the following information, which Is equally
true OF other Brooklyn property:-'lhe demand Tor
property since independent COMMUNICATION with
New fork mas been established has wonderfully IN
creased what i've or six months ago was a terra IN
c0g,ltia IS considered now the fittest place safe
any regard to It's SIZE Is readily sold. Plots OF from
twenty 70 thirty acres which were In the market Tor
ten or nteen years have been taken Ut once at the
sellers own prices large places for public stutions
have been secured by iar-seelng men; and what was
offered last year for $1,000 an acre sold the other
day for $4,000. mother plot which cost year ago
$4,000 sold last week for 5000; and improved pro-
perty has increased at the same rate"
Independent communication 1t Is SAID. gave this
impetus to Bay Ridge property and II Is independent
communication. that Is so rapid as to render stop
pages at way stations matter Of but little moment,
that going to give increased valuation - all the
property around New York city when such commu-
nlcation by steam cars underground or elevated Is
obtained. 1t is this too, only winch can settle the
question for New York. where can we ind houses for
our increasing populations The suggestion to incor.
porate the two cities OF New York and Brooklyn and
as much Of Westminster county as now responds to
the puisating energy OF both under one municipal
government is q valuable one in helping to this end.
as insuring greater unity and dirccness OF purpose
in developing and expending the resources Of the
whole metropolitan district for the greater comfort
and vel are OF Its Inhabitants, and especially COM
mends itself all Interested In real estate In e,ther
OF the three named localities.
Real Estate Notes.
The following Is q summary OF the auction sales
OF real estate during the past week.