The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-10-24

there IN afreedom OF style and v pleasing abandon
OF both 10 consonance with LIE require
ments OF the location that strikes the observe
| as nalveiy beautiful. The Greek, Gothic, Italian
| and English cottage styles. wonderfully combined
and improved upon are all noticeable. An occasional
| adaptation OF the Moorish, Chinese or otner
Oriental style IL also met with. For instance In the
decoraIlon OF yerandah OF the towering upward OF
something ike Saracenie mlnaIet; but the general
effect is much more pleasing than ~ the case where
anachronislns OF syle do not mud favor anu where
| ngiditY oi detail CONSTITUTES the man mers of The
| buildings.
PAST REAL ESTATE VALUES
II IS difficult 10 ascertain any particulars 0i the
early real estate operations m this section. The
| present propreiors are extremely reticent where
the nrsi cost OF tneir holdings, aud, indeed,
| Ia me majority OF cases, are quite igno-
rant themselves of the matter ihls was album
dainty illustrated In the recent examination m the
Madame June VIII CASE, where one OF The principal
points sought 10 be established by the count
johannes was as 10 the comparative and market
value Of the JuIncl property situated here nc the
Lifc OF its conveyance TO Mr.. Chase ID lSco, ~
upon that pont being interesting ~ TINS connection
We ,sproduce H. Mr. o'Leaor ~ enc Of The largest
property owners On Wash ngton Heiahis;-
O. Are you acquainted with the Jumel property what
gsed g y en9wn ~ Harlem eshs oai now dSsisnssd
could not walk around Ii know the house where hrs
read III naiaSer in papers nsyooo this do know
g 1--we e E , syR IKE H. - pDay '
4. lUl retrssb your memory There were lae aeres 10
ibere, owner Of yourself what 1862 was
s S e %o sn or sue n @ nS % M @ e 70
give any correct idea ~ the matter
.ss Way S sg ssrS% ss3ss don't AK any extension
:, Y. Vel ihen, bow many acres in your Washington
between Twelve and sixteen acres 49,. .,,,..
~ - not os sole at any price, yoa zee show myself NO az
q Have You no Idea what LAND IL worth tnersg A sup
pore mn give you extremes; have heard laerIy es,'
MAX o. 4 DO relnsn6er sale not from there
Y what property A. THAT'S nnma'erali At sold iof
Nhara she ,sae o. soHT own prsseI e A. o nave no
cee e portion for winch PAID NJ tue rats OF Slatv an
q. now long ycn made the lrst purchase A.
q When was the sale made which you spokenr
In 1901.
Taxing the statement OF the Count as To the extent
81 The dunei properly the sum OF $40 900 paid Tor
IN iSt5 may MOI he regarded a. AN Inadequate con
sderatou. Al tnat time very hide wjS KNOWN OF Ina.
section oI the city, and transfers OF property situated
here were very rare ana al merely nominal figures.
" was only IN TINS year Qs65l than the Central PARK
Commissioners were invested wan authority over
ms part Of the island and NJ is principally 10 then
energy and enterprise and the improvements tney
made that the later aud present activity IN wash
mgton heights property Is due. Mr. 0Conor IS
more familiar with real estate movements In his
neisRbood than he gives himself credit for being,
and was right Ia regard 70 we nrsi important sais
having neen Iiade In 1897. This Was
FlAsr SALE
which brought Washington Heights property promi-
nenLly into notice Before that capitalists were
generally uDappreciattye Of the splendid opportunity
for profitable Investment which was nsre offered.
The property then sold comprised between sixteen
and seventeen acres and belonged to Montague
Ward. IL sold by Potter Brothers, one OF wnom
ia himself property owner In this neghborhood.
and bron.bt y, coo per acre. Mr. 0'Conor was mis-
ta&en Ia regard 10 ne price. THIS price was thtD
considered as remarkable, being the nigh
perry was Jeff by the purchaser IN the
hands OF Potter Bros. for resale IN subdivisions,
ana was disposed OF by them within Two years IN
villa plots, re5 rin2 IA average OF $4,000 per acre
The next Important property Drough, into the mar
frontage on the road leading 20 The Fort Washington
depot his comprised eight acres, and was s0id in
enc piot, with residence, Tor $4,000 In !
TwESrY-roUR HoNrHs OPERATIONS
10y this one house. dating from tins first sale, pro.
perty 10 ihis nelghbornood by sale end resale, was
transferred 10 the amount Of over s2,O0o c0o This
was up 10 aud beyond Inc collapse OF the market In
March, 1865, which. although checking transactions
~ properly here, da not produce any reac-
ton III actual values. Among the principal
safes III Da1 interval was one III the spi1ng
AsyuIn property ylDg between the Grand
Boulevard aad fine kngsnridge road, comprising ten
acres, which realized $3.50 900. rms WAS considered
q reasonable price, OWING 10 the large frontage
Broad|2s anu the Boulevard. and the Character
Of the property, "a level pLlteau with every ioi
Daniel Butteraeid, Win MI Cheeseborough and
others. purchased forty acres, for winch they pad
$40, 0J0 Ii stated they since refused 100000.
Somewhat earlier III the same year VIM. M. Tweed
purchased twenty-five acres. with mansion, 10,
Twenty-e iois al the Junction 81 the boulevard,
Broadway and inwOod street, Dyc street ana
mSood avenue, making six points, we've purchased
recently for SIS, 600. These lots have fIOnt on
Broadway lao feet nom the Grand Boulevard.
LATER AND PROTECTED IMPROVEMENTS.
This section is now entirely under the control q
the Central Park Commissioners and through their
able management ~ destined 10 be tle moss select
and aIlstOcraiiC portion OF the Guy. The present
method Of rectangular streets elsewhere has NOT been
adopted. IN consequence OF which contains
seventeen lots instead ofiwelye. An aGueduct Il In
course ei completion. 10 supply II with CrOien wafer.
Gas Is already there.
The eleventh avenue. from The public drive near
Soh street III pyckmSn street, has been ordered TO
purpose last November between Thirteen and four
teen miles of streets and avenues have already
neen laid out In thai part OF the city north Of IN
wood and Dyckniah street
PlopS bly, more than seveneightbs Of all the needed
laying OUT OF pubic streets, roads ana places north
| OF l55tn street has been determined on. In the
performances OF This important work many streets
| and avenues have been abandoned by these
mssoners, through large subdivisions Of property,
ana the land has been left 10 private Improvement
The faces Of the preciptous slopes towards the Hud
son river and on Harlem Heights have been taken
for public parks " places Df thus eft Tor prl
vRte adOrnment
All rough estimate the City blocks north OF Gen.
trail Park do NOT exceed .0s avenue blocks. II
blocks should average seyenty-'wo lots each the
whole number or lois, 25xluO, In this section OF the
city, would be less Than 1900. IL win be noticed
that the blocks are much broken and divided BY
broad streets and avenues, which are irregular In
their courses. Judging by The past how long viii II
be before ali these iots are parceifed out and tuIt
upOn1
! The widening Of Broadway 50 as to make IL 100
feet wide, from Thirty -secona street to Fifty
ninth street; the broad and noble drives from
fEat poin Dy The boulevard aud through the Central
PARK: the dscontinuance Of many streets ana ave
Dues bel vetp Fftpdfth street and f55h street,
OF the EIGHTH avenue, on account OF the PERCEPTIONS
character of the ground and the formidable expense
NJ cutrng and grading sucn streets and avenues,
aud sle newly pr"jecied avenues ana improvements
m The n0th end Of The island, between the Central
Park aod tho hudson river, And up to kinssbridge,
have given fresh impetus 10 values and new oppOr
f1nites Tor The permanent Development Of properly.
Most OF the land purchased Ia tnis ueigDborhood
is promptly improved and building ha: been quite
active during the past season. EDWARD K. Willard
OT Broad street. mas recently purchased TWO houses
u iaie constructlOn, situate west Of, aud fronting
on. rhe boulevard, ncar Fort Washington Point
Park, Tor which, including ave acres Of l8nd, he
psld Sjsa, 900. new aud magnificent residence is
in course OF building By Mr. Siive, adjoining the
Chitendrn property spoken Of below. which is
Already an OBJECT Of interest and admiration In its
incomplete state. The cofct1fences or existence
or Not W. M noPA tefta Iat Aat