The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-09

uhe OUT uhu tue sum Mef sOstice arrives we NAV
expect thriving as. well as ''driungn business in
rear estate transactions generally. The business
ior the past weeS has been very heavy as far as
relates TO private sales, ana the prices realized
were Tar beyond what the most sanguine ever an
uclpated AS the daily sales effected were duly
publishedin the HERALD, 1t Is supernuous to re-
peat the same here. This much however we must
say, that
THE SPECULATIVE SPIRIT IN UPTOWN PROPERTY
runs so high that the transactions have amounted
TO hundreds of thousands of dears.
The dealings closed during the past week were
not confined to any particular locality. The east
side received as much attention as the western
portion of the city, but unimproved property
formed the bulk of the traffic.
Beyond the southern boundaries OF the Central
Park, westward, however. the lever Of speculation
RACES most hercey, but the confirmation of the re-
port on opening Madison avenue from l24th street
to Harlem River, made yesterday by Judge
Fancher, will stimulate sales on this line and
greatly enhance the value OF landed estates in the
vicinity OF this projected thOroughiare.
The uncertainties and exctements Of the years
of Presidential elections have usually preJudiced
business operations during those periods, and real
estate has always felt its due share OF
DEPRESSING INFLUENCES.
On the last occasion the uncertainties were not
prolonged, but the eXctements continued up to
the inauguration. Credit Mobilier developments
at Washington, and city charter schemes between
New York and Albany, are not favorable to invest
ing activity With these out OF the way and the
moderated atmosphere OF the Spring season. lively
times may be expected.
ON THE EAST SIDE OF THE CITY
there Is everything to encourage. The large in
vestment in and Improvement Of water fronts, for
Haven Railroad, at the Harlem River Is supple-
mented. as is understood, by the purchase of GER
tain docks and bulkheads on the East Biver, above
Market street. for the landing there OF the freight
and passengers coming rouJe. -
curing OF landing for Yorkville passengers at
Eighty-fourth street by the Harlem River Naviga-
ton Company In addition to their recently acquired
landing at 1O9th street, suggests TO their enter
prisng rivals Of the MOrrisania line another land
ing between these two points, at or near 106th
street, to accommodate q large population near
that point whose only practicable transit at present
from the lower part OF the city Is by the horse cars
The bill introduced by Charles Crazy, OF the
Twenty-nrst district Of this city, to eject real
THE EASTERN BOULEVARD,
that has been so long in embryo, has been favOra-
bly, reported by the committee Of the Assembly
having 1t in charge; and meeting or citizens and
taxpayers OF the Twelfth ward is called for to-mor
row evening, at Lincoln Hall, in 125th street, be-
tween Third and Fourth avenues, to discuss He'll
Gate improvements, the Crystal Palace project OF
the Industrial Exhibition Company on the com
manding site bounded by Third and Fourth ave-
nexation" IA la Texas Of that part OF the great
metropolis which has spnrred int Westminster
county across the Harlem River bridges, and which
now lies snugly In its new home over against Har-
lem, Carmansville, Fort Washington and Kings
line OF horse railroad, its street lamps and its
boulevards; the deepening OF the channel and the
general Improvement OF the shores OF the Harlem
River and last, last but not least quick transit.
The movement referred to OF the Harlem people
Is understood to be
PRACTICAL PROTEST AGAINST ALL NARROW
MINDEDNEss
and misrepresentation concerning public improve
ments Affecting the prosperity and social happiness
of the whole body OF the citizens, and to aim to
the right to be heard of the humblest citizen
against the presumption or arrogance Of any
interest in municipal development and progress
in the popular forum, to the memorable exclusion
Of the hitherto all-absorbing political theories
maintained by parties and factions for their foreign
and selfish designs, IL OF the healthy signs OF
the times in respect to the future OF
THE REAL ESTATE OF THE METROPOLIS,
and OF its general business as well. Those en-
gagged in promoting state OF affairs so satislac-
tory deserve the encouragement and support of all
who unsel6shly cherish in their hearts the welfare
of the whole community.
The Stonington line OF sound steamers have had
the dock at the foot of Twenty-third street, East
River, set apart for their accommodation by the
Dock Commission, and the Chamber OF Commerce at
mittee approving OF the removal OF all the Sound
steamers to the docks on the East River above
COrlearS HOOK.
A SUMMARY OF PROMINENT MATTERS
Affecting east side real estate Is incomplete with
out referring to the project for removing the penal
and other institutions from the Islands In the East
River, as preached in the HERALD on the 23d ult.
This subject OF removal Is found, on comparing
notes. to be one on which there is n general con,
currence OF sentiment Of It's early necessity ON the
part OF those who have given the matter due re-
nection especially In reference to the cOnvicts and
smallpox patients. The cOnvicts are regarded as
A DANGER AS WELL AS AN EYEsORE;
the presence OF the other unfortunates is con-
tnual menace OF pestilence and death. Neither, IL
is felt, should hover on the confines OF crowded
population longer than necessity absolutely re-
quires. The land, moreover, on which these inst-
tutons are located is now Of enormous and rapidly
augmentlng vaue-much too valuable for It's pres
ent uses. While suggestions vary in regard to its
ultimate useful application, preponderance of
opinion inclines to connect 1t with
TIE FUTURE COMMERCE OF TIE PORT
when stimulated by the distractions removed from
deemed advisable to stop any further outays there
on construction account for present uses, and the
appointment OF commission Of practical men,
AUTHORITY OF THE LEGISLATURE,
Is deemed advisable, to take the whole subject into
the premises to that body at their session next
ensuing. The New York members of the Legisla-
ture whose districts are most nearly affected are
Daniel II. Tiemann, in the senate and Charles
Crary and William $. Opdyke, in the Assem-
bly,; and directly opposite TO the district of the
latter named gentleman and near to teemng
population, who have already had too good reason
TO realize the proximity Of the pestilence, Is the
''smallp0x hOspitair In question.
NEW HAVEN RAILROAD FARE IN wEsTCHESTER.
Last wednesday delegation OF the wealthiest
property owners and representative men OF Vest
chester county proceeded to Albany to argue be-
fore the Railroad Committees OF both houses on the
subject OF extortionate charges by the New YORK
and New Haven Railroad Company In this state In
cOntradistincti0n tot Connecticut. In the latter
this corporation Is restricted by State law to col
lect only two cents per mile, while south OF Port
chester this company exacts fully ffty per cent
more, or three cents per mile. We learn, however,
that the oicers OF the company, finding such ener-
equalize the fares on the road, made overtures to
the delegation, ana we learn that the terms are to
be thirty cents fare to POrtcheeter. or seventy