The farmer and mechanic. [volume] (Raleigh, N.C.) 1877-1885, 1881-06-09
,NOI4. NIlI.-NO. !



Mr.. Lester Wallack nes theatre AZ
Broadway and Thir,l,th stcct. OF huek
trimmed with hlus stone. - to cost
500 900 lhc new opera house at
Broadway and FaTtirth street eill cost
81. 0uO. exclusive OF the S,,ln 90 Tor
the lots. \ pew theatre al Nos. 3l2 II
Eighth avenue. and one on the site OF
the Aquarium have already been pro-
ject,d. Churche~.. hospitals aud a-N-
ums are 'chulding everywhere. Co
lumbia & !icge j. 10 have new chapel
and library. 10 cost S75a, 600. \ nine
story hotel at Fifth avenue and Forty
ninth street, costing S5e0, Nlo, - al
ready under wav Twenty millions have
been invested IN this line since The
first Of Janus-y. and this doesn't IN
clude the alterations and new stories
placed upon the buildings inas
much a. the new buildings will ave
rang. five stories ia height the amount
now IN course of construction would
make in itself large city.
| There never Was such aCtsltS known
IN building as now. II Is not merely
the extension build up. Even IN the
q dcst portion al historic street, .ati'd
Market6cli, has disappeared under
the enlargement of the Produce tN-
change. Murderer Row, al Houston
street aud Broadway. j. wiped cut, the
modest office OF John Jacob Astor has
dis appeared In the places oi the
buildings that are torn down south "'
Cham bers st, Rows, : stories high, Al"
rising in obedience TO the demand Tor
office room al the great financial centre.
The Mills Building on Wall, Broad ahd
Exchange place ten stories high, Is 10
cost 81 900 600. On the site OF the
Nassau Bank Eugene Kelly Is TO 3ulid
n 8 900, 900 ten story bank and Office
structure OF granite AMI PhiIndelphit
brick The Irabuae il 10 have "A ten
n ten-storv addition, which viii cost
$3.50, 900 aud be completed next year,
on which occasion the statue Of Horace
Greeley will be put in its position.
William IL. Nanderbllt, at the age
Of 90 years, IS building what Is really
palace, on Fifth avenue Although
his father Was rich. in his early year,
he lived in the parental farm house at
Toad Hill, Staten Island IN great SIM
plcity until he was - years ot age.
The old Commodore didn't believe IN
letting children have their own way
too early, and William whc WAS
frank, clever boy, had great respect
for the old gentleman's millions. The
writer used TO sec him frequently IN
those days, and wondered how be could
preserve his equapimity. knowing that
he was heir prcsumptIve to "A large cs-
tate, and would probably have one day
the spending Of untold wealth. lie
acted very shrewdly, but now that he
has hold Of the money lie makes 1t fly.
so far as his personal surroundings and
personal comfort and luxury are con
cerned. Books, pictures, statuary,
brio brac, fine furniture. have been
bought for the Nancrbilt palace with
profuseness that must have dlslnher-
tied bill" If the old Commodore had
been able to return from his present
quarters. The Vanderbilt boys, too,
live in clover. Cornelius Vanderbilt,
who is already distinguished FOR his
liberal gifts TO churches and charities,
has an unfinished palace at FIftyssv
enth street and Fifth avenue of Indi-
ana limestone, resembling Caea stone,
which, when completed, Will be liter
ally an ornament to the city. Ruddy,
and without vices or bad habits, Cor.
nelius was always the favorlte grand
son Of the old Commodore. Fred lives
in his own house, which is magnificent
enough within to satisfy the tastes II
n..bob; but it can come up TO the palace
of Cornelius. If the next generation
keep on at the present advance IN lux
ury, the kings Of Wall street will far
exceed the kings Of Europe.