, 1874-08-02

avenue. leaT JCueEeOu bLteEt, L"O-6LOlF 2uQ
basement brick building, G0x3s feet dimen-
sions.
Mr. J. ". Farwcll will Immediately commence
two-and ~a-Lalf-story brick dwelling Oh Thirty
first street. near Butterieid street.
At No. l59 Thirty-screnth street, MrR F. E.
Dean is erecting two story dwelling in brick.
At No. 433 aud 40 West Luke street. Frank
Grundes has projected brick business block,
56x9O feet, three-sto1ies and basement.
On West Indiana near North Market street,
Robert Corilet is about building a business block
in brick, having frontage Of So feet and carried
to height of Two stories, besides J basement.
On West Monroe street, near Seeley avenue,
G. 3. Short is building . block of Six t"o-story
and basement brick residences.
Fleming l. Nelson will erect on Park Avenue,
two-storv and basement row of residences i'll
brick, having frontage of 60 feet in total, and
situated near the corner OF Oakley avenue.
residences on Campbell avenue nt the southwest
conner of Adams street. The block will front 96
teet on tile avenue aud be - feet deep
Thos. O'Connc1l is building on Blue Island
avenue. noar Nest Fourteenth street, three
STORY and basement stoue front building. Is feet
front.
i. VsnGlahn will erect at the nortneaet corner
of North Clark and Illinois street, business
building 25 feet wide and fo7r-storles and base
menr high in brick, with marble front.
At No. $50 Ohio street. Air ewartchlld is build
ing residence three stories aud basement hgh
marble front, in brick.
On the southeast corner OF State and Illinois
street residence block is projected BY Il. g.
johnson, Esq. It will front 102 feet, and con-
tain five residences, three stories and basement
high
On the southwest corner Of Hamilton avenue
aud West Adams strcet, Mrs. kcnnen is about to
build row OF Two brick tWo-storT residences
with Easements.
On Wabash avenue, at No 1452. Mr. S. II.
Morse will soon erect residence in brick. 1t
will DO three stories and d basement IN height.
C$n4~ In
man will Immediately build two-Btory and base
meue brick business block, 40 feet front by 80
feet deep.
On West van Buren street, near Honore.
fine residence district. double residence will be
tuilt By Isaac Boyd. 1t will be two stories
hugh.
On Calumet avenue, near Twenty-sixth street,
D. s. Garlick is about beginning the erection OF
q two story and basement d"ellnE in orlck.
The Church of the immaculate Conception
Roman Cathollc) have just taken out permit
for their church ediice, to be located on North
Franklin street, near Schiller street; dimensions
With dressings of stone. 1t will be u tirst-class
building, arranged the most convenient
modern plan, and Till cost considerable outlay
OF money.
Next Thursday, c. G. Thayer 4 Co. will sell at
the Reni-Estate Exchange IL acres OF land in
s. j of L. 4 of N. ". 4 OF Sec. Sc, 7. 50, r.
IA, in the Town Of Hyde Park.
WASHINGTON HEIGHTS.
An association has been formed at this place
under the name of the Washington Heights
Ridge improvement Association. Among it's
members are Q. II. Bogue, Henry Waller, A.. J:
Cooper, Col. Hinckley, F. ". Hagerty. and
others owning land on the ridge, and their OBJ
iect is to have houses built this fall By desirable
parties. They will donate choice lots to accepta-
bio parties who will build. They will also fur
ulsh free railroad-passes for three years to and
from the city. The Dansille t. Vinconnes Rail
road il finished to Blue Island avanue, west of
the ridge
NEW YORK C1TT ZEAL ESTATE.
The New York Tribune Of July % in an alb
stract which it publishes of the report OF the
Commissioners Of Taxes and Assessments for
the last quarter makes this statement about tho
value Of real estate, as shown By these othclnl
figures:
:. The increase in the valuation Of the real es-
tate in 1874 over TINT Of 1873. in the twenty-five
old wards Of the city, is 521, SIS. 700. This Is
less percentage of increase than for many pre-
yious years. The cause is obvious, and has
ALREADY been referred to. The response exhib-
tied in tho assessments upon real estate to the
fluctuations in the market is, aud properly
should be, tardy. The market is subject
to spasmodc advances or "spurts." not always
evidence Of actual permanent increase IN value
The practice of the department is to defer
action for q reasonable period until values
ecem to be settled. The increase in tho value
Of real estate does not arise from any widely
most psrt, from the completion Of very costly
edi1ices commenced in 1873, and which now for
the first find place upon the asseesmenl-folls*
The assessments in the Twelfth Ward has been,
for some of the more accessible and 1mprovaole
PORTIONS brought into closer proportion TO sho
ratio Prevailing III those parts Of the clty more
fayoysby situated The addition of the West
chester County towns OF Morr1sanla, west
Farms, and Kingabridgo to the territory OF the
city. constituting the Twenty-thtrd and Twenty
fourth Wards, has very nearly doubled the area
OF the CITY, and imposed q large amount Of ad-
ditional labor upon the Department. The
means for making proper assessments IN these
new wards ere extremely defectlye owing 10
the want of proper maps and records.
II appears by the eamo report that the Faiue
If real estate In New York has increased from
s379 037 $50 in 1859 to m assessed valuation Of
S797 las 665 in 1872. an increase OF Sa1o l1o
or ITO 3-10 per cent.
A table OF relative values Of the -eal and per
sonal estate in the City and County OF New York;
As assessed for 1873 aud 1874 shows thas u me @ 70
tai for real estate for this year Is SoS1: yso
an over last year OF 3z9 s1 ii '4ar
This wear. n decrease Of SIS, 966, 462 that tho
total valuation for 1874 Of both real anu personal
estate is 154 02o 176, an increase over the pre-
ceding year of 524,76S,60s.
The New York Bulletin says:
The Baltimore Gazette OF Saturday says: :" Aenly
" Rogers, real estate broker, sold ses'esaa5 70 MG%
FORK parties, eight and half acres OF ano ylng @ N
D1;nI Asylpm and the city limits, for the sum Of
$50 OO0n We hear Of other New York parties invest
mo largely in Philadephia and suburban property
111is ia new feature Of the business. Can the ex-
1anaou be that property here ut home is I'll e1traTa-
gantly high that buyers, rather than touch it. prefer
fakinr the chances elsewhere7
an. A. T. STEWARDS TOWN.
The New York World OF Thursday last de-
scribcs Garden City," the name Of the town
which Mr. A. r. Stewart has laid out on Hemp- !
stead Plains, Long Island. Ih1s tract IS II miles
1onc and mile vide. and tho western end is |
abont is miles from Hunters Point For years
"a fnr uunaxst,pua Tho tYauk belonged to the |