The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-02-02
TRADE IN FIFTH AJENUE.
Dwellings Giving Way 20 Business Hoses
The Ip-tovu March.


I'M,
III Is somewhat singular iact thal' Whlic
many owners Of Fifth nvcnue propCrtv now
,n"", o"n,S ~ rt',..i,,t
rlpo IVr u"uc' pc'"''h '!N'c'n'h ''n" i".t,i''"
streets. are DESTROYS OF letting their holdings
49,, - ,t,,, ,,,,,o,a, oi,aro,i,,s f,,. sno,
ant TO make tue necessary altcra'iohs- 'wse'n
II 10 ovi,lnut Tim, Fiftb ovcnuo pronortv in thc
~ '.''' '.,,, ,,.s.,,
region mentioned does now ana VIII hcnceiorth
command higher rentals for business than for
dwellinps Wbcrcvcr owncrs have intellircntly
ohonnnS d,,oiI;r,s io,n s,,roa ~, ,his Avenue
changcu DWELLINGS, INTO storrs on Vhis "Nehu"
they have been amply rewarded by increased
rentals For examplc in tho block ON the west
side of Fifth avenue. between Twenty-second
and Twenty-third streets which with the sim
ell, ox,o,,,i,, 81 ,ho ,,,r,,,r - Tyo,,v-,birJ
sio cAcep''on vi 'nc cornor oi iNon'y-'il l'
street. Is entirely dcvotcd To business purposes
are shoemakcrs. hattcrs' talors. and furriers,
'i' 'on9pi0o,us =" .,'ii " ~,
apparently doing fourishing business. and
all paying rentals far in excess of what the
80. -, a., -. til I, ,oosoa co..
property coulu NC ih"uo 10 y'o'u IL ic"seu 'oi
dwellings. Another proof is found in the admi-
roblo alteration inst completed by Mr.. Robert.
a.. s',,,,'.,,., -, -, Iirh a,,,,,,o and
On the southwest ."rnrr OF nun my, ~ a., uni
imgortapi- has been made nps9 with ne IS side i,
walk, whiie the upper part Is llns'iiI Oh ior
Co. jewellers long .Staniisnen iurlher u1 w..
the avenue. OPPOSITE the Brmnswl,k,ton "a u nvc
lEHIr lchs', NJ. dS w uhu'lS'unu' W iut, ~
$1,000 per annum higher price than the whole
building. rs II originally stood. would to-day
commhni ms dwelling all
. first, class apartments are nkciy 10 pny Wsn
In ruin avenue, IN this Vlcinlty; lor SOM, tlm',
70 come Broadway between Seventeenth and
twenty third streets VIII, In tiio noNttWp years
Dc the great centre OF elegant rcthll tiuue lh
this, city. That trade is flowing over toward
Fifth avenue. and gradually taking possession
hotil OF the short blocks between broadway ana
rum avenue ana oi run avenue nsell'
John Duncan sons, the Erorcrs. conni,ems
~
Eighteenth street, between broadway and Fifth
avenue. two llrst-class hve,story lron-irpnt
on the street. There are five or six fiith avenue
houses between sixteenth ana lwehly-nrs1.
very fine one. on the west side. between seven
teenth and Eighteenth streets. has stood 1noc;,
cmpicd since II WIS vacated 10y the Irav ,lt
Clu3 in May last when mat ciMn move1 ni qs,a
w. Tue nvenue taking onr q, mr nS s,re,
y announced that tue pcrpateuc nln.DeIn ,, ~
he Travvllcrs VIII probably CORRESPONDENTS VIII wiz,
~. New YORK tluD. mus rnulhE th,,l huil'tp u 1
Fifth avenue travels. Between Twenty-third
ana iy;iourth streets we earn III mr. hd
iour vaiunne rrnn'rt.h lur III, -, 1vS s ". o Vn
the southwest corner Of Th,ry-Sccohd street
ana run Avenue owned ny Mrs: rrn nHcSstSnd
sllO 900 The lot t20Nloo, on whicn ms nous .
s,ahds was pouTnt 10y MT okiuuy iIv s, n ~.
dar ns our " civil war. Il was at the time con-
sidered very great s1ll.i bclng the hiSn ,ss,
price hroushi by any itn hNchNrr ~ III VIZ
nriEhhnrhooi up 10 thai dhte. me 10, Wo"iu
bring sJOon to-day without prick on IT, IN
spite OF the duln"ss oi real estate nnu III me
fq'c OF the on rinouh Shrinkasew when mas 'akeh
plnc". ..,.,.. w.,
lrhd" II rrady 10 now st"anliy ir'lni hro ,'
way into fiith avenue. attracted ny lower rents,
as soon as the necessary SHOPS ana stores ute
provided Tor us accommodation ~ huSdd 10.
| r"m"m'rcd thnt 81 tn'sr 'hEH+'u IN iilr in'r
| bran his oi elegant rrhll trade. rev nro VIKING
| and fewer SIM ar" ahlo 10 make, ~ thnlr own
| expense, lhe somcwhat costly "inr,fhtiois IN