New-York tribune., 1870-04-09
SUBURBAN REAL ESTATE.

prerCursrrV COUNTY-NEw JERSEY - NEW
MEANS OF ACCESS TO wEsTCIIEsrER COCN- =.
TY-THg ELEVATED AND OTHER RAILROADS
LARGE SALES OF WEsrCHEsrEH Fhor
rRTy - NEW JERSEY RAILROADS - THE
MIDLAND ROAD AND THE COUNTRY 1T WILL
OPEN.
A review of the market for real estate III
this city, Brooklyn and Jersey City appeared recently IN
THE TRIBUNE. But largo proportion OF inc Peop'o
doing business IN New.York merely pass tho business
hours here--their homes are IN the Villages on '"'
various railroad and steamboat routes cenerhS III 'c"
York To this large class OF the community matters per
tanning to suburban real estate OF more interest thah
those relating TO dwellings, in tho city. Another large
nronortion of people still reside in this and the
neighborng clties but considering removal 10 more
pleasant and economical homes IN tho country Duiins
the past few years there has been considerable eAou'
from the city Of people in moderate circumstances
Many clerks having xed income, have taken adVah
tage OF the liberal terms which property mas pceh
offered and bought or built homes near the city. Inc
railroads have generally encouraged TINS tehuehcy "
leave the city, running frequent trains ana putting e
rates Of Communication go low as littlo TO exceeu' a1
the fares OF city omnibus lines 1t Is estimated tna'
Jersey aIonc has absorbed within very few years.
a population Of 100000, properly belonging IN thls cry
and Westchester County. The great growth oil sucn
cities as Newark, Elizabeth. Painaeld, &C., 10 directly
due to this vast efiux Of people from the city
Year after year property owners in New-fork nave III
creased rents until but the very wealthy can anu
TO reside in the city, and occupy an eptre mousse Inc
very poor-hose too poor to get awayremain Is true
but hudde together iu unpleasant and unhealthy tehe'
ment houses paving more for their miserable accomno
daons I'm many cases, than the rent OF respectaDie
home in the country. Families In moderate circu"
stances, but whose occupations are sucu tnat theS
cannot reside away from the city, are compehed u
divide expenses by occupying portion OF mousse or
are driven to boarding. But In great CITY ike Nov"
tIa ms q
moor II for tho wants this class that owners OF
property in the neghborhOod or NewforX nave caleeu
during few years past and with great success MANY
villages have been laid out which have rapidly grown
until some have attained the dignity OF cities New
Jersey has been favore resort OF this class IRON he
case OF access the ceapness OF transportation and the
low price O, land whle Westchester County has been
favored by the wealthy 1t IS estimated that last
year tho number Of people leaving NeWfOrK lor theso
suburban homes larger than ever before Last
Spring constant succession Of auction sales took place.
and property sold readily and at high figures Ihis
spring but few auction sales OF any magnitude nave
taken place places large private sales nave
been made and property firmly held with rising ten
denc but in most Of the suburbs Of NewYork property
| can be bought at lower prices than last season.
| WESTMINSTER COUNTY
The interest OF the seems to center IN thI5
suburb Projects are foot, and in process OF being
carried out which very materially affect property In TINS
county and In tho most favorable On the other
hand many tracts have been purchased WITHIN the past
year or two speculation, which the owners are uh
able to carry anxious TO close ont for other rea
sons and they are offered at low prices which those
cognizant OF the movements in contemplation are rot
slow 20 avail themselves Of The result promises 10 be,
| therefore, a good business Tho great drawback 10
westchester County real estate has been its difficulty OF
access and the time consumed in reaching It, With this
difficulty obviatcd, 1t is probable that real estate would
| take bound upward scarcely yet equaled.
| ,ynfa arid
been created and a city grown up. Llewelyn Park Is
another example OF the enterprise Of who had faith
I'm this naturally beautiful spot residence for those
doing business in NewYork But these places must be
reached by crossing and out OF the State OF
NewYork. A great many people would greatly prefer
to live Westcheser County could they reachlt speedily
| and safely
We are apparently on the eve OF accomplishing this
| speedy transit and in ways than one. The Ele-
waited Railway which has bocn In Of construction
for long time, is complicated to Th!rtethst Cars
have been the entire length OF the road and
would have opened TO the public some time ago but
for the necessity OF obviating some difficulties which
presented themselves in the practical operation OF the
plan These have been surmountedan within very short
time we are assured passengers will be transported to
Thlrethst 1t is reported that tho second track from
the Battery to Threthst may be constructed in four
months The extension OF this line to the Harlem River
Will bring the lower end of Westchester County much
nearer in point OF tme the business portion Of the
city The at the rate OF from II TO Is
miles an hour. This will bring Kingsbrdge about as
near Wallst. Central Park now IL. and give many
the opportunity Of enjoying country residence in the
locality they prefer Work WILL IL is said, begin the
Underground Railroad also in June OF this Beside
these other projects having bearing on the value OF
westchester County, further north, are in
forward state. railroad Is now building from
Brewster's Station Kingsbridge. which will open
portion Of Westchcster County not surpassed in beauty
but heretofore been isolated account Of its
inaccessibility The district penetrated lies midway
between the lines Of the Hudson River and Harlem Rail
roads, and will one day be the ronte over which more
than great trunk ne will reach the city, Along the
route OF this railroad property is still comparatively
cheap and the certainty OF Its construction leading to
considerable inquiry for real estate large sales already
| having been effected. Business is constantly pro-
crossing up town. and in very few the lower end
OF Wcstcheser County will be thlcky populated, and
very likely portion of the city, In fact bill is before
the present Legislature 10 add this part Of the County TO
New-York as an additional ward.
In addition to the railroad schemes already mentioned,
is attracting attention and is before the
| Legislature This is termed the Girdlo Railway, the
plan being TO erect road along the river sde outside OF
the streets the entire length OF the island to the
Hudson River, thence along the and the East
River side of the city THIS road it is claimed. be
operated by steam, without damage any interests and
will form an important addition to the OF egress
| from the city.
On the Hudson River Railroad the hourly trains to
Yonkers which proved successful last season. will be
continued Below may be found the rates OF commua-
ton to each station between New-York and Tarrytown:
Msghatnyle 100 80 Riverde loo teleis...ss
Sl;t T. 'Co Hssfi. to- ::: aGahsr. 100 isAs. Is
sputsa Duy,l loo ticket, il Dosss Ferry iCc tickets: Is
| "