The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-01
REAL ESTATE GOSSIP.
Resume Of the Weeks Operations
Thoughts on Annexation.
LONG ISLAND SOUND As A SUMNER RESORT.
The East Side Boulevard Being Rapidly Con.
structed-Property Owners Rejoicing.


and the opening Of the next one the subject Of the
annexation OF the three Westchester towns-Mor-
risania, Kingsbridge and West Farms-to the city
OF New York win principally occupy the attention
OF real estate circles. The obstructlves met with
sure defeat in the passage OF the BILL for which the
provision inserted that majority OF the people Of
both counties may reject it, II so Inclined by their
votes at the general election in November next,
affords no adequate consolation to them. They
had intended to defeat the measure en-
tirely, but the vigor and determination OF its
friends have forced 1t to the front as one
OF the living issues OF the day, that
will have to be met and disposed of in logical
and comprehensive manner. These ..'obstructives"
have already realized, and they are destined to
do so still more wildly, that the contract they
have undertaken to dam the forces OF nature and
philosophy in respect to the interests and require.
nents ola
VAST METROPOLITAN POPULATION,
viii task their powers to their utmost No instru-
ment not more eflicacious than ptchfOrk viii an
swer for this purpose, and in proof 1t is reported
that the Harlem "Ebenezers' concluded, at their
meeting on Thursday evening last, that "it could
hardly be hoped to defeat annexation next Fall
at the polls without money"
The public will readily distinguish between any
real local opposition to annexation and the oppo-
tsrships in outside railroads, which influences will
be recognized as having been for long period the
principal impeding elements to quick transit
through New YORK city. When to such influylces
are added the crew OF scheming adventurers in
terested in palming Off on c0nfding public lots
beyond any reasonable prospect Of being ulti'
mately included within the boundaries OF this
great city, and that viii most surely absorb and
waste large portion Of the capital ex-
pended for their improvement, the friends Of
the steady growth Of the city northward towards
its natural outlet and Of the prosperity Of its cti
mate the moral power Of their adversaries before
the people In November.
But for the edcatiOn OF the society of "lmplaca.
bles" we will here state, that as steady as the
PROGRESS OF THE ANNEXATION SCHEME
phases while in the hands Of our lawmakers,
SO win we further keep guard over its
| The lynx eye Of the press is riveted upon the
much needed Improvement, and the assertions
made by parties high In power with the OPPOSE
tionists that II needs funds to defeat the scheme
at once demonstrates that their protests rest upon
foundation as treacherOus as Quicksand which IS
| certain to give way before sound common sense
fhe influence the bill for annexation has already
wrought Is ID t not only nave values on
posed consolidation, but the entire county OF
Westchester partakes Of the impending expansion
advanced in price, and Justly SO. This new iedged
city offers such inducements to investors that pur-
chasers may feel assured to reap the very best re-
| muneration for expended capital.
| Furthermore the elegant villa sites on the Long
| Island Sound, so near to the city, and within an
hours ride from Harlem, are sure to devate travel
| to remote Summer resorts. We need only cite the
beautiful "Larchmount'' property, on the New
/ York and New haven Railroad, formerly known as
| the L. X. Collins estate. The railroad depot
| erected here is marvel OF beauty Gothic
building erected on an emtnence, the green sward
4 n
| SWEET AND FRAGRANT ExoTIcs,
/ invariably rivets the attention of the passer by
and ELECTS encomiums OF admiration on the pleasing
sight thus presented. ride OF one mile in we'll
water front OF the sound Here the prospect is in.
spring Many elegant cottages have been built and
others are IN the course OF construction al Among
ednces now building for Mr. Thompson J. ]. Flint,
| President OF the Continental Bank; Mr.. silas 9.
Herring, Mr.. James Donaldson Mr. William L.
Barker and many others The Brooklyn Yacht
Club are negotiating for ground at this place upon
| which
| TO ERECT CLUB HOUSE
for their members, the cove in front thereof pre-
| senting an elegant rendezvous for their squadron,
which very few other water courses can warrant.
Thus 1t will be seen that 1t Is by no means neces-
sary to 60 to Newport for Summer residence 4 q
fine water prospect Is sought for Larchmont offers
| every inducement IN this line.
Now that the bill for the building of the Eastern
Boulevard is law east side property has received
an impetus which Is very refreshing. Holders OF
real estate east Of Fifth avenue are elated at the
prospect OF obtaining in short time drive OF
their own, thereby saving time in going over to
the west side. Then the speedy completion of the
labor now going on at He'll Gate likewise has its
influence to give this locality an upward tendency
in prices because 1t ls Justly conjectured that with
the blasting Of the huge distractions navigation
and commerce will require the vast water fronts
OF the East River. In this manner the stability of
city lots is firmly established by the increasing i'm
provements,. which no amount of croaking can in
any degree diminish.
Last Thursday the fine property Nos. 723 725 and
727 Sixth avenue, known as Lyric Hall, was put up
for sale at auction, subject to long lease held by
Mr.. Tren0r. The highest price bid was x147,00O,
which being below the amount expected by the
owner the sale was postponed indefinitely
During the past week we have had occasion to
chronicle several very important and high-priced
transactions in real estate on the east as well as
the west side. The rates in each instance were
satisfactory, and demonstrative of an active mar
ket. This last remark may be aptly applied to
sales OF suburban property number Of which
occurred last week, and the details thereof found
q space in our columns. The transactions impend-
ing this week. as far as regards public sales, will
be published tomorrow.