The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-03-10

independent household. The down town business
man may cross the ferry and at the end OF lew CIV
minutes walk find a dwelling for less than ne
could procure the same accommodation aiter
tedious ride In horse car TO Harlem. He saves
not only money, but what Is as valuaDle-tlme.
Fifteen or thirty minutes bring him TO his home IN
Brooklyn, while he could not reach II within an
hour IN New YORK. This difference SufnceS 10 eA-
plain The drift OF population to TINS city,
Here are several points at once tnat call ior I'm,
provement. In the first place, recent events lorDd
the assumption That Brooklyn IL 'mOre oruery
and better governed community" Than New YORK,
and those wac are 0DlIgei to travel nome from New
YORK late al night IND tne absence OF that security
IN the streets wnicn they should ieei III an orderly
ana well governed community, ana also are put
TO very serious inconvenience by delays In
CT ssng the ferries and getting Cars on the 0tler
side. "thteen OF Unity minutes Is wen enough LOT
man to gee TO MS home III Brooklyn during tne
day, put even then ne must OOtn live ana 40 puSi.
ness Ia tpe neiRhbornood Of the same Terry: we
90 not say that there are not advantages OF tnls
much extended. Every principal line OF railroad
should be compelled u run cars all night, ana az
but once esIaDsned as a 81 stem would soon stimu.
late travel TO that point In the matter OF Terry &C
commentator the Eastern District ferries are dis.
grace to bOtn cites, and we cannot understand the
supneness OF the Brooklyn corporate autnortes anu
real estate owners who do not demand Of the
Legislature redress this matter 1t Is safe 10 say
that the proper Improvement here would stlmulate
the growth OF the Eastern strlc TO an extent tat
CURED. With the improvements suggested the
closing paragraphs OF the article above quoted from
are not extravagant We nave spoken before OF
the widespread influence upon surrounding dls-
trcts which the present and prospective prosperity
OF New YORK city promises to surrounding places,
and more particularly TO Brooklyn. We quote:-
"Ihe real estate interests OF Brooklyn will compare
favoraby with those OF otner Cities Sucn interests
are always and everywhere affected by The financial
condition Of the country, by the stale OF
trade by the general business situation. The
snd Inc real essase market are Of course
Brooklyn. But there Is no city IN the Union which
offers the capitalist better opportunities. Win
ABUNDANT room for o vast accession TO ner pOpula.
tlOn Brooklyn cOmpels that accession Dy unequalled
inducements. With the bridge and system OF
rapid transit completed those inducements VIII be
multiplied. Under their stimulating influences
Brooklyn will enter upon an era OF development
even IN aer sso H M
day or comparatively low prices, make prudent ana
profitable investments. These prices Suggest the
fail 10 improve by putting themselves IN position
to take advantage OF the inevitable upward ten
OF the present condition Of the real estate market
In brooklyn we can only say IT Is firm, promising,
with me revival we have 10 previous articles
transacuons are reported In Prospect Park lots but
outside OF this and the sale last week, already re-
ported here, there ts not much to note. There Is
much interest felt In respect to water fronts now
on the disposition manifest Tor the European
steamers to seek wharf room across the river. The
recent extending Of the pier head line has also ex-
cited great interest In this description OF property
MISCELLANEOUS FACTS.
We have received numerous reports OF private
sales IN this city and Vicinity; but, IN the absence
OF full particulars respecting the terms OF sale, pre-
parties TO the TRANSACTIONS, cannot give them as
reliable quotations. Sucn reports, II correct, are
too imperfect TO furnish intelligent data upon which
to base any assumption OF comparative values,
mere isolated transfers any locality Delng usually
30 qualified by special circumstances as TO rather
confuse the proper Judgment OF the market than
assist It's determination.
We have said nothing respecting the eject Of the
completion Of the bridge upon Brooklyn property,
or OF the proposed submarine tunnel from Wall
street. The first has been already largely dis.
counted in mems minds, while the latter with pro-
Jected schemes OF rapid transit underground, sur
face and elevated. are too far from completion to
influence the market aC present.