New-York tribune., 1872-07-02
REAL ESTATE.
NEw-YoRK. Monday, July 1.


At nrivate sale we report the sale, by Nah
ion r. Hewitt TO Mrs Joseph W. Drexel, wife OF the
banker wbo OF the three brothers OF that name
who recently purchased the property on the s0uthea'
corner Of Wsll and Broadsts., where they are DO"
erecting large buding OF the entire iront on inc
south side Of runng
from T,nb-ave t0wthn IS feet Of Morningsde Park'
consisting OF fun ots and parts OF lotf IN all about IA
city lots for 10000 the rate Of 5000 per lot "cn
is the same price recently paid by MI Goodwin
for nine directly in the rear, on One-huhdfeuau
sixteenthst These sales ana others latey maze iS
Justify all we have heretofore said respecting the DO
sirableness OF this region.
The entire crown OF the hill on Mornngside PARK
from Onehunded and tenth to Observation-Disclosures
sfs may now be said 10 be practically out OF
the market II having been silently bought up by parties
who are able hold either for the expected rise or Tor
private Improvement. We informed that some or
Them contemplate building, as Morningside-aye
shall be graded, and put in condition for use. ~,
The owners Immediately on this PARK are Iew as VIII
he seen from the following list viz; The Leake and
st. 10 One-hundredaDd thirteenth-st; Patrick cana
ghan from thirteenth TO Onehundred
and dfteent6sts and from
to twenty ytrststs; Frederlck De rev
ser and Gen. j. Watts De Peyster, from One-nuhdIed
and-ffteenth to One-hundred andsx teentb-sts and
from to One-hundredand
tweniysecond-sts; James GOODWIN Lorenzo ouaIfzI
and Mrs Joseph w. Drexel from One-hundredand-sX-
teenth to Dwight H.
Olmstead and Robert H. Berdel from one hnndtedan%d %
seventeenth to e-hundredand-eignteenthsts' tno
firm of Tracy, Omsead Tracy, from One-nnnareuanu %
eighteenth to One-hundred-and,nneteen anu IA
Mary q. Pinckney from One-hundred-andnneteentht 10
One wentethstS, whchis the ehIlIe front
Very little i known by the general public Of the
elevated piece of ground bounded the south by one
edand-tenthst, on the n0rtl by nlanhattanse,
the east by MOrningsde Park, and Oh the west py
the Riverside Park OF the improvements ABOUT 10 DC
made there, by the PARK Commissioners. m
The drives in this vicinity, when completed, VIII ne
unsurpassed for beauty and grandeur OF view Dy any on
with -tenh.st graded from Fifthave.
TO the Boulevard the avenue skrtng Morningsde PARK
its westerly border, and Riverside PARK ana avenue
on It's easerly border graded and nnlshed the dTana
Drive will be thus down Fftnlve. TO One-huDdred-
andtent-st over 10 the west ON tAat street. pdseinR
Sixth, Seventh Eighth, and Nnhaves. and at the lat
ter point turning to the right BY an easy grade up Har-
lem Hights Mornin gsdeaye., until at One-hund-
rcd-and-seyenteenthst, or on the crown OF the Dill,
Through Manhattan Valley will be seen the Hudson
River and the Palisades, and to the northward east
ward ana southwark sweeping around the threeqaref
arc great Circle will appear in succession the Valley
itself, and the hill beyond the Convent OF the Sacred
silver thread; North and East New-York; the East
River ito several islands, Hell Gate" tie estu.
shores either side bearing on its bosom nnunerab9
sail and water craft as far as the eye can reach Bowery
Bay; Schuyer's and WIletts Points; Astoria the lake
One-hundi cd-and-tenths aud SXth-aye the entlre
Harlem PLAIN, with IL broad avenues; Mount MOTIFS
square, anu, Also at the observers feet the Morning
sue Park, extending from One-hundredald-tenth 10
Observation-Disclosures y-secOnd-sts-this whole land
scape, filled with life, beauty. notion and variety.
1ne visitor will pause at this spot and as he passes
still further along the avenue through One-hundred-and,
twenty y,econdst Tan 50 foot sLreep to Claremont
which is portion Riverside Park, will be greeted
with surprise in the magnificent view or the
Hudson River aud the Palisades there presented He
will stand 47 above the river and have an almost
uninterrupted prospect north almost TO the Tappan Zee
The drive southwark along the new RyersIde-aye OF
nearly "a mile, Will afford many most charming views,
until strikes again the Grand Boulevard at Onchund-
redaudtenths from which point he can either return
by thar he up) II he prefers down tue
boulevard, past the numerous villas and chateaus at
present erected there into the heart OF the
city. ,
which we referred. Is much higher than Is usually
supposed. AT One-hundred-. ed-.md-seyeneentlrSt, nalf
way between Morningsde Park and Tentl-aye, u is
iust 15O above deYaer, which Is tue highest point
on the Island south or ifthst,
not occupied for park purposes, 1t being 81 feet above
the highest grade on f. gnta viz at NlnctysecOnd-
IT. and eet6 inches above the highest grade on FIFTH
ave- when st Ninetie hst consequently the view IN
every direction entirely unOOstucted. the elegant
grounds owned and occupied by the CITY Hospital
for the BlOumngdae ASy lu. will ere long be thrown
upon the market some fOfm either by sale or lease.
tns Governors having purchased large tract az Whe
Plains on which large marble hospital for the accom-
m0datiOn OF their Insane is now being erected.
Itis 10 reported that the lot the southeast
corner of Eighty hfh-s and Fifthaye has been sold
for S5656O Also that John McCave has completed the
sale OF four the south side OF One1undred-
and $50 feet east OF Seyenthaye for
S2 400 These lots purchased within the past
week. by Mr. Giles, Tor Sl20O-nOw sold TO Mr. Charles
Cornish at the price mentioned above.
There 10 TRANSACTIONS at the Exchange, to-day.
Regarding the sale held by Messrs a. d. Melick, jr, &
BrO to-day, Perth AmDOy, We VIII give report under
date OF I'd INST.