The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-07-27

The main. 4 in the above diagram is CON
nected from Forty;sesognd street to F2rtieth
IAN H. disconnected from the reservoir. To cut
n b similar connection would have TO be
The ONLY eject that tho reservoir now has
upon distribution il that during the might there
II accumulated there about two million gallons
uf water. which is drawn ont again IN the morn
ing The entire city deir button IL now prac-
tifnlly from the Central Park resrrVolrs. II is
estimated that the cost of altering the pipes
would h, 80 600 In the walls of the reservoir
there ar" $4,000 cubic yards of fnaSonry and
IS 600 cubic wards OF earth. The estimated cost
of removal. above the value OF the material
itself IL $50 1000 The two blocks are neces-
snrily very valuable for building purposes. The
distance h"tween the ayenn's is g2O feet. and
feet which will be divided into two blocks OF
1878 feet each. and a street Forty first street
continued 30 feet in width. There would be-
in + nh avenue fifteen full lots each 25 feet In
width. and one lot 20 ieet in width. There will
be ne same humber IN Sh,h avenue; On
twenty nine lots each. and on Forty first street
firy-eght lots.
mate rs 70 the present market value oil these
lots as follows.
Pour corner lots. ruth avenue ............ slennno
Four corner lots sixth avenue .............. i?o,n
T~cve inside lots. sixth avenue minimum. noon
TNr n'v mine lots Foruefh street minimum. 4at'p
Fifty cisht lot. Forty nr-' street ......... s7p'p
Twenty lots Forty second sueet........ a-.top
Total e. 7se.cDo
THIS De more or less tNdfl the hftllal value
81 the property hut there would certainly be- a
round sum to 20 into the sinking fund. IL is
not certain. however. that II the reservoir should
be removed the ground will bc soi There
has boon some talk Of removing the State Capt.
tol 10 the ground.
Commissioner Allan Campbell Ia in favor 81
max ing II n temporary. or perhaps n permanent
park. II" says that real estate n too low Tor an
advantageous sale M present. others sny that
city property always sells we'll, hecause Oi the
security ol the title. Comptroller Kelly said that
he has gwen liule thought To- the subject. hut
THINKS that ns a portion IL already a park, the
whole had better be made one.
Il serNoir Park, m ltnow cNisia. is only n tenn
pOrary Arrangement After the burning Of the
CRYSTAL Palace, in 1859. the Park Commissions
ers were permitted 10 level the land for "A park.
County Cerk Gumhlcton echoed the sentiments
OF many. H. said that there WAS NJ neces-
sty Tor u park at that point. Ii was too near
Central Park, and WIS hot IN thlcNly settled
| locality IT, make the land park would he
| adding further expense 10 tn" city. while hy
| selling IT the city would gain, perhaps.
| 5000 600 worth of taynhle property.
There have been various rumnrs that private
| parties are DESTROYS of pur 'haslng the ground
| One rumor WIS that Columbia College " shes
| tpMoVc thrre. II Is sand that the Hudson River
| Railroad Company desire 10 purchase the pres
| ,ui college grounds. thereby making It an in-
duerm,ut for the college Ia move. som" s"'rri
! society h said 10 have taken some steps toward
| purchasing IT,