New-York tribune., 1881-03-28
ExoRBrrANT DEMANDS OF LANDLORDS.

MATTER WHICH HAS BEEN OvERD0NE--yUsr
RETRIBUTIoN ON HARLEM PRoPERrY-owERRs-
The furry In the rent market, caused by the gen-
eral advance announced on February 2. has partly
subsided. In many instances landlords who raised
their rents to an extravsgant figure have been
obliged to compromise in order to keep their ten
ants. An advance of 10 per eent-the almost unp
form rate decided upon by tine Astor. Rhinalander
and other large estates-has been easily maintained.
In exceptional instances an advance OF 90 or even
100 per cent has been obtained but landlords who
attempted to get an advance on dwelling houses ok
an amount in excess of 10 and Is per cent are, In
most cases. without the immediate prospect OF ten
eass IL Harlem Rents wsre
that district from Is to 80 per cent
but as there have been new buildings enough erected
there the landlords find it next TO impossible 20
Inalntain the advance. The elevated railways, by
furnishing rapid transit to the lower part OF the city
have greatly injured the trade Of the small store
keepers Ia Harlem, which has injurious effect ou
the rent market There are said to have been more
dlspossess warrants issued in that district since Fed
ruary than were ever before known IN the same
time.
Rents have been advanced in Brooklyn and Jersey
CITY, put NOT 50 much e. N New nSrs f r. nsy are
and consequently the tide which had set IN toward
Harlem has been diverted TO those suburban de.
said recently that he had recently rented
q large number of new two-story dwellings
to tenants from this city, some of them coming di-
fectiy IrOm f1af1om. LUG 8D0cxcO 0t6tftcb 10 dtcO
feeling the effect Of the rise in rents The bIidse
over the Harlem River which Will connect che Wese
Side Elevated railway and the New-Yotk and
Northern Railway, is about completed, and trains
wall,be running in a few days to Brewsters. Ihe-
effect is already in the Twenty fourth Ward. -
tenants who have been driven from their presenS
homes by increased rents have been prospecting.
ID that neighborhood An attempt TO solve the rene
problem for small families 10 being made by the iu
proved Dwelling Company at first-aye. saa
6eventy-second-st 1t Is now tDlshing the hixth
story Of model tenemeut-h0use that covers three
sides of a QUADRANGLE 200 feet on each side, utvsdoo
into sets OF three and four rooms with all imprsye.
mrnts, which will be rented for from 70 to $40 .
month.
has been we'll maintained owing to the many now
comers seeking business privileges IN TINS city, be-
tween Fourteenth and Forty y-second-sts on shos
west side there has been an unusuai demand ior
frat class dweIlinghouses, and an advaCce IN naoy
Cases offrom 20 to 40 per cent IN rents has been
maintained. Several leading families have settled
on the north side of Washington-square. comtug
down town for that purpose and consderaoio a.
vance in rents has been secured In consequences VI
that neghborhood.
rents for dwellings made this spring as detrimental
TO the interests of the city 1t has checked tne n
Aux Of parsons seekiog homes here, AZ Asyp Me
Assessed valuation OF property 10 the ciJ w4e
g9s3 843 545 and the total amount OF taxation va
x32 367, ,744. In 1880 the assessed valuation na0
risen. even at O lower relative valuation %
1912 571, $50, but the total tax was reduced to
500 937 272 due TO tie reduction in the state tax
levied Oh the city. from $S, S,O0O,oOO TO S5.3Il,o%1s
Notwithstanding this reduction In the burdens M
posed upon real estate, rents have been greatly Az