The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-05-03
JERSEY CITYs- PROGRESS.
A Year Of Activity Succeeding Year Of stagna-
tion-The Great Boulevard To Be Con-
structed ct Last-Grabbing at
Property Along the Line
The New Post Once.

After year Of general depression and stagnation
In real estate Jersey City Ii entering upon season
OF Hnlookedfor activity. The sales during the past
month give promise OF what the future has In
store. The OF the stagnation last year need
not be repeated, for the HERALD teemed with
chapters Of the misrule OF O most extravagant and
corrupt 'ring" that was only smashed when
Sheriff Reinhardt empanelled his famous Grand
Jury. There Is no apprehension that this ring in
herits the renewed vitality OF the phoenix.
On the contrary, there is general feel
ing OF security and confidence. The rail-
roads are no longer exempt from taxation, SO
that the burdens OF the people become lighter on
that account New blood has been injected into
the several boards OF the city government, which
stands pledged to economy, 80 that The taxpayers
may be able to from the effects Of the ex-
travagance OF the late administration. Political
adventures have been with Q few exceptions,
banished from public life. Amendments to the city
charter were passed by the late Legislature by
which outstanding assessments may be collected
without hardship to the property owners. Thus
taken away from the load OF taxation. Everything,
then, considered there is o strong probability that
taxation.
The foregoing points win furnish the key to the
kan s stir and npste IN real estate ate Dwell
all along the district known as the Heights es-
pecially IN the vicinity OF the railroad depots::
an hours journey from Canal street and Broad
way on the one hand or the city Hall on tho other.
business, for for instance inst in the nsignbor.
reach West End IN less time ct than il takes as
to reach Fortieth street and can have desirable
oH @ the sn 1s sd IN Nw
| unexampled activity in the erection OF dwellings
must be patent to every one who considers
Scott has purchased large amount Or prop:
line, and as property holders sell at good prices
they retreat with their money and house.
bold the The sgnt Ens' they Wealth.
day large and substantial brick dwelling
way for the iron steed between Filth and sixth
streets. The sellers have on the whole this ad-
receive for an Inferior house in this densey popu-
lated district they can purchase superior one on
the Heights ana the the slope commanding most De;
| the valley OF the Hackensack on the other. This
applies especially to the tract bisected by Ocean
OF ST. Patrick and terminating at Bayonne. Green
Vile Is now part Of Jersey City.
Sr TIM the ge to the real
| grand boulevard from Bergen Point through Bay
onne, Jersey CITY, West Hop9ken, Union Hin and
lance Of about thirteen miles, The location has not
| been exactly fixed by the commissioners as yet
c sSs win Rasaas
IN the Jersey City division. SPECTATORS
are nyins around, anxio,asIy awaiting the
| they may grab up the property on the proposed
line and thereby realize 100 per cent on their in
amount Of property IN New York city city' in canal canal
street, and who owns sixteen lots near the Pater-
son plank r9aS the limit Of Jersey 0y
0nered fourteen rDnths ago, aud he was about to
consummate the bargain when he was informed
that the new Boulevard bill had passed the Legis-
lature. and that his property was on the proposed
line The negotiations were abandoned by the
The Commissioners to whom the execution OF
this most important improvement was entrusted
by the late Legislature are, ON the whole, men in
whom the property owners can rcpose implicit
confidence. II the good OF the whole city against
the grasping avarSe Of wealthy property holders
avenue will be adopted. In that case population
would settle in a waste district along the western
eastern side were disappointed. There are some
grumblers VINO talk Of docking up' the whole
Sy 81 appeal to the
| on behalf of these, to show that the act Is
'Incongruous,,n some sections being inconsistent
with others. 1t is impossible to pease everybody
but when it is taken into account that disap.
pointed Office. seekers, especially hungry surveyors
probability that they will succeed In their attempt
to deprive Jersey City Of main artery OF travel,
the want or which has long retarded her pros
penty. The boulevard must be constructed sooner
| or later.
Another great public improvement will be the
erection OF the new Post Olfice, Tor which the
people will be Indebted mainly to their late Con.
gresham, George A. Hasey. IL Is O fact worthy
to be recorded here that the very last bill passed
by the late Congress was an act appropriatlng q
sum not to exceed three hundred thousand dollars
for the purchase OF land on which to erect Post
ONCE in Jersey City, and but for the fact that CHI
cago and Boston have absorbed the lions share OF
the public building fund q still larger sum would
nave been obtained. The Commissioners to locate
and purchase are Benjamin G. Clark j. M. Cornell.
son and Postmaster Greene.
The work OF demoshing an unsightly row OF
shanties at the corner OF Grove street and Newark
avenue, the most valuable business portion OF the
city, was commenced yesterday by Mr. Thomas
Kelly, who will erect In their stead 1--WE large brick
buildings for stores. Business Is steadily creeping
towards the HILL and private residences must YIELD
even though grudgingly.
BELKNAP AND SHERIDAN BOUND FOR
WASHIEdT0N-AN ASCENDING STOCK
BROKER.