The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1875-02-26

years ago, under the personal in
spection ofold John Jacob, and he
finished his business career by
plastering Stewards palace-for
which his bill was $4,000.
AN AsToR HOUSE GLIMPSE.
From the porch ofthis structure
one has view OF the grand adj
vance in street architecture. Di-
rectly in front is the new Post
Office, which costs $10,000,OOG, and
will be finished III midsummer.
Close by is the Herald building,
which is valued at $780, Geo
Within 200 feet of the new print
ing-house for the evening Post,
which will be ready for occupancy
by May. just behind is the new
telegraph building,whoSe cost is
more than $1,000,O0O, and up
Printing-house Square a distance
of 600 feet is the Tribune building,
whose cost is estimated at $500,
900. This is now sufficiently adj
vanced to invite the view of ten
ants against next moving day. 1t
is curious tact that while the
senior Bennett marked his retire
ment from active life by the Her
aid building, his son celebrated
succession to the estate by erect
ing another grand structure, "the
Bennett Building" so that the
name has a double memorial.
WHAT IMPROVES PROPERTY.
AS soon as you make any place
q great thorougfare rents advance.
It is estimated that during twenty.
four hours 1900 vehicles pass the
Astor House. No wonder the
streets is choked. About 100000
persons pass this building on the
sidewalk during the same time.
This explains the immense in
crease in rent. The same remark
applies to other spots. Here, for
instance, is Vesey street, which
connects the Astor House corner
with the Hudson River. | can
well remember when it was re-
markable for it's quiet aspect.
Since then it has become a crowd
ed thoroughfare, and hence rents
have advanced immensely. For
the mere privilege of keeping q
stand on the sidewalk in front of a
store $50 month is paid.
OTHER HEAVY RENTS.
The first-class hotels, such as
the Metropolitan, the st. Nicholas,
the Fifth Avenue, and some others
that can be mentioned, rent for
sums ranging from $4,000 to
100000. The last mentioned
was built by Amos Reno, once
leading dry goods jobber, who
now, at the age Of seventy five, is
heavy capitalist. Dry goods
control the Metropolitan also, that
being the property of Stewart.
How the hotels pay their rents at
this time of appalling dullness is
mystery, and it is highly probable
that in many instances an extern
sion has been granted. Indeed,
this has been the hardest quarter
day known in this city in thirty
years. There are more buildings
''to let in Broadway than ever be-
fore, but they will all be taken be-
fore spring. There are so many
adventures rushing in that every
available spot will be occupied.
Stewart, though an opulent land
holder, is compelled, most unwill-
ingly, to pay rent. His uptown
dry goods palace is built on
ground belonging to the Sailors
Snug Harbor. which cannot be
sold. Hence, he has built on leas-
ed property, the ground rent being
100000. AS the warehouse cost
nearly million, his rent and tax
es are not less than $4,000. The
cost of land and buildings, as ex-
hibited in railway depots, is an
important item in real estate re-
cords.
Commodore Vanderbilt paid
round million for st. Johns Park,
on which to build his freight de-
pot, covering four acres. The
Union Passenger Depot, at Forty
second street, cost two millions,
and is used by three important
roads. About 10000 travellers
pass through it daily.
oUARTER-DAY AT TRINITY.
est. Landlord is the patron
saint of this corporation. The of
fee is directly in the rear of st.
PauPs Church, and has been, dur
ing the week, the scene of great
activity. It's rent roll includes
1000 tenants. This is four times
the congregation of any one of its
churches. The corporation admit
that $125,000 is the quarterly col
lection (above all taxes), but it is
supposed to be much larger.
Trinity estate is In size nearly 100
acres in the best part of the city.
The Astor estate, though only
forty acres in extent, has a rent of
double the amount above mention
ed, and hence it is believed that
large part of Trinity's real income
is divided among the ring which
controls it. This is one reason
why Trinity seeks no addition to
ASI SOnm uulOu. SuuECu m0uDOfS
would bring votes, and these might
elect a new vestry.
OTHER ESTATES.
The Rhinelanders, will collect
$4,000 this quarter day. even
if all be not paid. Peter
Goelets' agent will bring in
an almost equal amount.
The Lorillard estate is estimated
at $4,000 per quarter, while the
great Jew landholder, Hendricks,
will get SIS, 200. Peter Cooper's
landed property in this city is not
much less, while the Stuyvesants
are IN the same happy list. Sec
rotary OF State Hamilton Fish, as
a member of the last mentioned
family, has a large income from
landed property. A. T. Stewart
has heavy rent roll, for in addi-
ton to his two grand warehouses
and the Metropolitan Hotel, he
owns a theater and q large num-
Der of valuable buildings, includ-
ing q church.
A NICE PROPERTY.
The Astor estate contains about