The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1879-01-26
EFFECTS OF RAPID TRANSIT.

WEST SIDE PROPERTY OWNERS READY TO COM
MENcE IMPROVEMENTS EIsIDa AVENUE AS
A DRIVE THE Il" ROADS OPENING UP
HITHERTO NEGLECTED. SECTION OF THE CITY.
Although the influence of rapid transit has not as
yet made itself visible the side of the city
up town. il has the east there "a great degree
of excitement and activity among property owners
and real estate operators The completion
of the Metropolitan IL" to Harlem will give
impetus to building transactions that will
far surpass anything known before in that line
There arc no immediate indications of building in
this part of the city at present. ana many OF the
property owners say that they will be governed III
their projects for improving their property by the
progress made in tho completion of the rapid transit
road on the west side. But spectators are eagerly
looking out every chance of securing property i'll
district long neglected. The transformation
will be complete, and few will be able to recognize i'll
year two the former wilds of Manhattanville III
the myriad blocks of elegant residences. A
significant result of rapid transit in this quarter is
that very little real estate is in the market. the
owners prcferring to hold to it and improve it
themselves; A few years ago they would have been
glad to sell it at any sacrifice. Recently Mr. L. s.
Higgins bought the entire front from 12ih to l25h
street. the east side of Eighth avenue. and the
front from 125th to 126th streets St Nicholas
On 135th street and Eighth avenue, and on
1ooth street and Tenth avenue large amount of real
estate has also changed In the vicin
ity of CarmanSyillc property has advanced
over twenty per cent in value even within
the past few weeks. and great deal Of
it has been withdrawn from the hands of agents who
have been vainly ondeavoring to sell it. Only those
whom necessity compels inclined to part with
their real estate in this of the city There
. widely expressed desire the part of those prop
crty owners that the city government shall lose
time in opening the streets Harlem River
that there will be difficulty in reaching the line
of the Metropolitan IL when it is completed Some
would have every tenth street ut least. opened and
graded. They say that the property owners will
cheerfully pay any assessment that will improve
their property
JuBLANT
Mr.. II. V. Harnett is of opinion that the Grand
Boulevard will be entirely devoted to apartment
houses. which will be constructed scale Of mag
nihcence tar surprising all former efforts in this
line. Ninth will likely be the great business
thoroughfare Of the west side up town. and Eighth
will present array OF elegant private resi-
dences from Fifty-nin to 10th street. Why
people are now coming over from Brooklyn and
Jersey said Mr.. Harnett. Ito make inquiries
about property on the west side They are
noble district of Manhattan Island will be
opened up rs a new city of residences. I am
vinced that capitalists will be eager their
money in the colossal building transactions which
the completion Of rapid transit will usher in. The
and the absence Of Harlem flats and other malaria
breeders will draw thousands to the west side. The
property owners there have suffered terribly from
taxation and the depreciation of real
but the long expected change is at hand. Only
think of it. In the old Ring days the opening and
grading of street entaled assessment of $500
each lot. o-tay it would not exceed $50
PROPOSED IMPROVEMENTS OF PROPERTY.
The following property owners propose putting up
buildings AZ residences, and will commence opera
tons at All early ate:-Edward Clarke Seventy
second and s;,n third streets and Eshth avenue
Eighth avenue: X. H. Arkenbcrg, on Sixty ninth
street. between Eighth and Ninth avenues: H. q.
Cahin, on Sixty sixth street and Grand Boulevard
James Reed on Eighty-third street. Tenth
avenue; David H.. Knapp, 1O5th street.
George Rudd, on the old Carrigan estate Hath
street and Riverside avenue; Bernheimer 4
Schmtz, about thirty houses. Ninth
between 1O6h and lOsth Streets the heirs of the Fur
Miss estate Grand Boulevard and Riverside
nue.. from load to 10ith streets Max We'll
Seventy third street, near Eighth avenue; R. NJ
many Others have signifed their intention Of
ing residences in this quarter Of the city. large
families like those Of Philadelphia and Boston and
will be let 1t reasonable rents singular feature of
this part OF the city is th4t schools and churches
already here in advance.
RIVERSIDE Avenue.
1t is confidently asserted that Riverside avenue
tending from Seventy-second to Firth street will,
| when completed, be the most magnificent drive in
the world. From the Orphan Asylum to the home Of
the Protestant Episcopal Sisters Mary there are
notable residences North of this point in the
house of Leopold Eidlitz the Mali property Schef.
Aims elegant home the house of Dr. Ale xander Mott
Bay the Furniss property and tho Carrigan
estate. At the OF 1lSth street is Clarcmont,
| which formerly belonged to the Post estate. Mr..
| Dwight H. Olmstead and number of his friends
| propose putting up costly residences Harlem
| Heights. 116th street and Morningsde drive.
When this is built mp 1t will resemble the
| famous Belle vue avenue OF Newport in the number
and richness of It's residences The contract for lay
ing out this beautiful avenue amounted to $4,000.
which is considered very low figure for such great
work. II is expected that the drive will be completed
by the LIST of September and that it will be the
chief of the city One real estate operator
made the assertion yesterday that when the spring
opens property in this quarter will advance nearly
one thousand per cent III value.
MUSEUM HISTORY.
When the Park Commissioners shall have improved
and completed the Museum of Natural History, which
will occupy the ground from Seventy seventh to
Eighty first street and from Eighth to Ninth ave-
another feature of attraction will be added
west side The work will likely be completed IN a
short time Last May there large sale of real
estate The purchasers have recently
been offered immense advance their outlay,
but refused to part with the property at any
terms. The prospects of the New York IL being
,ndcd Tenth to l7th street will act
additional spur to the real estate excitement the
west side. Regarding the water supply, residents
there say that the high surface improvement entirely
pleton of rapid transit facilities to this long neglected
and little known quarter of Manhattan Island will be
looked forward to with eagcrnoss and impa:encc,
and the coming summer will likely witness u
of hustle. labor and enterprise rarely known in
the metropolis.
LITERARY CHIT-CHAT