, 1881-10-23


m Fifth avenue arc the most costly Of their !
kind ever erected in America. Various es1i- |
r1;iltes nave been made rs to the a1uount o1
money that mas been expended by the 'ltisloh-
uire railroad king; upon his new home, out 1e"
have been correct. Three millions OF dollars
will not be wide of the mark, and tho authority
for The statement isnne who Is Thoroughly IL
1ntisr with Mr. Vnndcrbilts plans. The build
ings rropcr not taking intp account the Interior
work which il the cos1l!cst connected with tho
,ynolc. represent an outlay Of fully sl,el1,to ot
this sum- $:sNlUE0 hats been expeNucd on the
brown stone, $50 0uU bus been laid out upon tho
,pavetueats fronting on Fifth avenue. F1ty-hrst
aud Fifty-sccoad streets, end inside the yura IN
cos,tru, Ss.OO,0U represents tho cost oi snc
tnasun work. Sl1,G1 h:ss been spent Tor Tue
curpc1}tcrlug, S4,,NN for thu pihmoifs' :"'H0
fo. the it,of ami bronze cornices, and S-9.o"
for the bro,lzc r;tillnys sa1rmuunting the co}Hns
which inclose the gard or 1nwi. facing the resi-
1t.uct. ur1 three sides. No accurate esti1natc of
the wru.r ti,ut has hccn expended for tue tnte-
rior decorations has yes been natae, s'lce iil-
violate secrecy has beets cnjots1ed uPon Tue
t,r1ps NIrlilg the contract. but there Is every
reason to believe that 81 ,eo0,Geo will not cover
the Gust Of their decnrattons
The twin structures urt bu!lt of brown s1oae'
they are four stories Ill hight anu are 50 nt'fs
couu1 II, Dimensions that the difference Is scarce
,,h,,h bns 4 frontage Of 1Uu feet III Fifth avc-
,,rt, and extends back depth Of 1O feet. They
rest upou massive and enduring foundations
which ,ro built upon tho snllc rock Underlying
t,a s,,rf.cc. The home Of Vanderbilt i*:'& will
lie the building ut the Fifty~iirst street et'o of
rho block This has :. frontage oil 13 leet TN
Fifth avenue
| THE total. VARIATION OF EEA1. ESFAIf.
in New York thirty years nEo WIS uhacf S"*''
At,Srf ftt
! erase in real estate value is due to tcftf'si
park. trhc park itscsf h:ls cost up tn the pres
| orr time. interest on the original outlay 1n-
| cln,,ed ,.,out },0ooaU0. The cost OF the lana
| wns sill. lDO II tho same land we're now cul
/ I'D iu buitiEE lots 1t woEM pEooaoss ottns
r,cnr1y S.O0oaO.ooo. \ plat thar was sold III le'
| lust before the park was laid oEs, Tor 5aD, Is
/ held to(,uy Mt S}:.c5o.00o. The same ra1e or 't
| creusc has not of COURSE been maintained W.
| thrta,rh--only in the best neighbornootls. 1he
| three upper wards. comprising the part VI tho
,r.. ,ore the lDwer linc OF the pisk- we're val
| ,,al 1hirty Years ago ut about S:N.<*NVM None
| of rim land was then improved INC value OF
tho same SECTION is now estimated at Sl@sh~oe
As: large part OF tho laEd il still VACANT there
fs room Tor II further increase III value that can
,,c r,ykoue.t only by millions 1t II ilot Ut All
I unlikely tint ut the cnd .ot- another. twenty
Sa.rs the ,ota. wealth of New York will run up
! to s..NM+utVteoos = -;
| Work,ncu Of tho Edison Company are aow
! laying .--. .. --.-....>.
x,rour l, 900 FEET y DAY OF WIRES
for its ct.trit: light. The pipes l:Ss! ART heavy
iron pipcs two inches il, t''aineier, mt contain
,t,o two eoppcr wires. The nipe is E!!esl with Il
comuositon of ;,sphaltn'n, whsch IL ,sAd " Mt
l.disoI IT, bc -...
| 1,yAFFE{.rEn By COLD, HEAT, on -Afsi'
The wIrts are held ul,ast by 1lcss OF THIS cow
| posit1on. which burdens in Il few hours. ine
trench is one fuot aud Il hAlf deep Inc honse
connections terminate by means .pf sixale'
mines similar in construction.
! The real estate
LEFT BY JAMES GORDON f:EsSETf
,s about to be sold. Ills rcljct h:Ir'nt: aie LII
sotc remaining heirs arc james G"'to'l beh'cl
md his sister, Jeanette, now Mrs ls''sc len
,yho has two children, NurA BELL ana fs''e ieli
th;r,. 1t hus been decided that tic pEeper's
sh,tt tc divided, and friendly suit nr the p1'r
nose Inns been entered by Mr. john lhs5'-nnl"'
| nr, rcby,f Of James Gordon lennett. ak't'ns
.Joauests Dell. her husband, and t''o 'a'ant cnfi
t,ren, The property to be sold IS very 'n.t'"''
and includes tho Bennett building on tHassa'
, street. tho house and stables Ut tic corner .
trf1h avenue and Thirty eighth street, a1l ''o
foutnr ,ue on ThirtY-ci.hth street. tae Nous
y. ,,West Thirty al2;h street. and tue nous
No. q West Twenty street, ass'1 mo " ssn q
.,,xtou Heights property, sosaeth'ns "fee foes:
} ! acrcs, With mansion.