Orangeburg times. [volume] (Orangeburg, S.C.) 1872-1875, 1874-10-15
NEW YORK HoTELs.
The Great OBSERVATION-DISCLOSURES Cost md
Earnings.

Earnings.
The Fifth Avenue, including stores.
rents for $500, 900. The lessees pay
taxes, assessments and repairs-a total
of about $3.50, 600. The average annual
profits 9f this house since it's opening
have been about $250,OOO. Twenty-Five
years ago the ground was offered on a
ninety y-ntfis year lease at Ss55GGGG Ss55GGGG per nm
mum. The lots on which this building
stands could have been bought in 1853
for $500 per lot. It accommodates
The Windsor is leased for ten years at
$l25, cooper ahnum, including the whole
building which cost over 81 ZOO. 900.
The lani 1t occupies is valued at $780,
600. This is the last great hotel opened
to the public. It is superb and com.
plete iH all its appointments, and al-
ready Enjoys q worldwide reputation.
1t is o.fay the finest hotel in New York,
and Mnte. Christine Nilsson, who makes
it her Hme, and whose experience in
both hsmispheres is very extensive,
says: It's the finest hotel in the
world. It accommodates 525.
The qilsey rents for 1856, 900, includ-
ing stofes. It is an admirably con-
Quoted house on the European plan.
It accommodates 200.
The St. Nicholas. rental is $95, 900,
without gtores. The owners of the
building retain one.half the net profits.
The hotBe is very we'll managed. Its
presentsenior proprietor has few equals
in this business. One year this house
netteaS 100000 profits. It accommo-
Tho Metropolitan rental is s1o5, 900,
raI, Lri,0l 0l,,l1 IT.
commodities 1876.
The Hoffman rents at $4,000. This
house II admirably managed and deserv.
ediy POPULAR. It accommodates 225.
| The brunswick is kept upon the Eu,
ropeanl plan. It's cuisine is in high
favor. Over 5000, 900 was spent in 1878
upon tho improvements. The rental is
ss5, 900. It accommodates 225.
The st. James has recently passed
into tho hands of Senator Jones, OF
Nevada, who lis fitting it up, regardless
of cost, for one of his kinsmen, Mr.
Jones, H tho Hoffman house. It ac
commodates 225.
The Hrsyoort. Clarendon, Everett anG
Albemaf fle are all very successful. The
proprieiprs, commencing, in some cases
with Little or no means, are now nj
wealtbB The Buckingham is to be th.
s aarss ffehtS9 ht9tel s5rese eTaeeingd asgd oa ishi s|
avenue, faoingi the cathedral. It's own
er, the Unknown druggist, Mr.. George
Kemp, is sparing no expense to make il
an exceedingly attractive establishment
Mr.. Waite, of the Brevoort, whose
capacity is we'll known by all travellers
is treating for the lease. The Knicker
booker, commenced at Fifty-ninth street
and Fifth avenue, will probably not be
completed. It's present cost, including
land, is over 81 200, 900, and 81, 100000
will be required to. finish it. Thi.
would imply rental of 1925, 600 to pay
its owners Z per cent. on the Investment
The lots are now offered for sale singly.
The Grand Genital comes under the
head of second.class hotels it's rental
is about $50, 1000 without stores. It is
very we'll conducted, and it's proprietor,
MIR. Powers, who commenced life at the
lowest round of the ladder, is now @
millionaire. 1t accommodates 600.
The Astor rental is $4,000 without
stores It accommodates 325. The
restaurant and bars gross receipts
average $500 daily.
There ere G large number of smalle,
hotels in New York well managed and
generally doing we'll, such as the st.
Cloud, Stnrtevant, Coleman, etc.