The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-04-19
MODEL TENI.1fENTS.
Seven Downtown Business Men TO Erect
One of Them Ncnr Central Park.


James Scott, an importer at n White
street. and james Talcot. merchant at 10s
Franklin street have for month or more dis
cusscd model tcnements with their down-to
business friends. and the result has been a plan
for stock company to build model tenement.
Mr. Scott. having visited the principal model
tenements in London. was enthusiastic on the
subject. His description Of the Peabody model
tenement in London WITS compared with u
description OF the tencmcnts in some OF the
wards Of New York, and the contrast was
great that the business men were soon fully in
favor Of the proposed experiment Of a model
tenement in New York After few consua-
tons Russell Sage, the banker;J A. Paine
President Of tho Broadway Bank; II. l.. Rus
sell OF the Russell x Erwin Manufacturing
Company. at 40 Chambers street John 5. Hulin.
siationcr ut All broadway; and Henry Dexter.
Vice President Of the American News Company.
agreed to unite with Messrs. scott and Talcot
in organizing model tenement building asso;
ciatiOn. Builders, architects. capitalists. real
estate dealers. and other persons Interested i'm
the movement have since conferred with Mr..
Talcott and Mr.; scott. and examined the plans
prescnto and the lots Of land on red. None OF
the gentlemen had been Interested IN extern
sve building operations before. and they were
some time in hitting upon the best plan: but mt
length they decided that they could buy land
and build model tenement for $50 600.
Then came tho method Of subscriptions When
the consultations were FIRST begun ii was
thought that the seven business men would
subscribe the entire amount nccessnry; hut az
the discussion continued and tho interest OF
outsiders IN the movement WIS intensified It
was thought best 10 permit others 10 subscribe
for stock. The seyen business men met in Mr.
Talcott Office on Thursday last and the subject
was discus aed for long time. Some We're
willing 10 subscribe $4,000 each and others
$50 600, but Mr.. Talcott suggested that only a
part Of the stock should be subscribed by his
ASSOCIATES, and that tho rest be open 10 tho
public. The result Of the conference was that
each Of tho seven business men subscribed
$4,000 aud signed "A circular wherein they say:
In view OF the recent discussion the subject Of tcnc
pre.s re ngpit We medical profession. AMI the pnhle
esed in the welfare 1t the cify AMI rcaxn1 that one
halioi their fellow citizens i've in tenement hou.cs pro
be selected and c most Improved rlau. that may be
, a' "I .,s i Wiz , ana coy.
cover The subscriptions AMI alter paying interest make
sought nitcr and appreciated hy rcrairnt itnanis To
aceompli.h us object It j. Irop .cd TO raise si5oool
open al tie Sauonal BrcsdWSy BANK ''''' "'' "O"
The company ia not to. be organized until the
amount has been subscribed. subscriptions II
$50 and upward ure 10 be received II consist
emit with future arrangements. all things else
being equal small subscribers Will havc prefer
enco in selecting apartments n they desire
Tho promoters Of the enterprise fnvor building
on the improved hollow square plan. Thor
stone trimmings five or six stories high and
rs near ireproof as possible. II IL 10 occupy
sixteen city lois WITHIN i've minutes walk OF
Central Park. The land can be bought for loss
thnn s5uOD0 Mr.. Talcott says. leaving 900 200
for the building which Il to be plain but sub
slantial There nre to be no.d dark inside rooms.
Every family will occupy from three 20 Ave
rooms. and the rent is To- be about 500 q year.
The court yard IL 10 have q fountain, green
plots. and clean paths Steam will probably be
used in heating the building. No plan has been
Positively selected. and 1t has not yet been de-
cidcd whether the tenement shall be built on tho
west side or on tho east side " the Park. Sew
eral suitable lots have been offered to Mr.. Tai
colt and bid has been made.
II tho model tenement NJ town is n success
full enterprise Mr. Talcou and his associates
viii erect two or three tcncmcnt- down town.
After getting proper interest on thcir invest
ments the excess Is 10 be divided among the