The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-02-22
A NEW THOROUGHFARE.

THE PROPERTY OWNERS OF THE SWAMP IN
WILL 1T BE GREAT IMPROVEMENT OR ONLY
HALF STREET PA PROPERTY owners
VIEWS ON ASSESSMENTS AND
LOCALIZED ROBBERY.
meeting OF gentlemen, owners OF property stu
ated in that part OF the city known shc swamp"
and land in tho Vicinity Of Frankfort street,
was held IN the Office OF Mr.. Jackson =. Schultz, 10
Cliff street, yesterday afternoon. Shortly aftor the
hour announced for the meeting the room was we'll
filled. Prominent among those present we're Oswald
Ottendorer, Jackson Schultz, Lewis g. Morris,
Charles 7. Cromwell, James Fraser Ambrose X. Ely,
O. B. Potter, Charles Craske W. Hill and c. j. Fisher.
Mr.. Oswald Ottendorfer unanimously chosen to
occupy the chair, and Mr. A. X. Ely was selected 10
act secretary. The meeting being called to order,
tho secretary read a commu ncaton from the Presi.
dent of the Trustees OF the Brooklyn Bridge relative
10 the importance Of street to parallel with
and on the south side OF the proposed bridge
MI Jackson s. Schultz after the reading Of the CON-
muncation. took the floor and stated that tho meeting
had been called with Wow Of ssceraining tho sent-
mens Of the property owners who would DO anectod
by tho proposed Improvement Tho history Of tho
bridge familiar to ALL but the proposed street to
this new street is to be made, and how the assess
ments for the Improvement OF the property by Is
10 DO levied were tho questions which those pres
ent ought to discuss. Mr.. schultz thought that the
most equitable arrangement, and that he beloved
could be made that the bridge ought TO bear one.
third tho property owners on the line oncthird, and
the city one-third How far the assessment should
extend was another question TO be determined. The
proposal have street such the suggested
would great public Improvement The trustees oftne
bridge ask the property owners TO cooperate with
them in Its realization. He believed that some cgs-
laton at Albany would be necessary In order to avoid
the annoyances and delays 10 which tho owners oil
property on the Now Bowery and Chambers aud
Worth streets were subjected when the improvements
on these thoroughfarcs ,nauguratcd. II II was
decided to open the street y should be done promptly
II might be asked how could the bridge trustees afford
10 bay onethird Of the assessment Tor the proposed
street, In this way When the structure Is completed,
they will have line OF which will bring
In an annual rental OF about 1926 0O0 the city could
well AFFORD to pay its one-hrd Tor the public Advantages
Of the improvement besides giving another approach
to the river front, and tho remaining onc-third he
thought, would be just and equitable allotment for
the property owners the line TO meet Mr.. Schultz
concluded by offering the following resolution
meeting whose duty shall be 10 take INTO confederation
the Bridge with it. probable cost and the best mode Of
dong IL.
Mr. O. B. Potter did not believe in the opening. and
spoke very severely regarding tho way in which
ments on properly have been levied. He would like
10 how far the assessments for this new
street would extend. His property was not on
the line OF tho proposed improvements ana
he did not know whether Re would DO brought
to bear the burdens OF tho assessment. OF one
thing however, he was convinced, aud that
that the whole system Of levying assessments prop
ns s, o
pense should be gone to about the bridge. II would
not he believed, reazo two per cent on ts cost OF
construction No owner Of property should be re.
qurcd to nay assessment any moro than a jury
OF his peers shall say his property has been benefited