, 1881-09-25

| Two interesting leases were put OIL record Inst
| week. One Of theIn related to Haverlys new
theatre; the other was preliminary to the cree
| ton OF Il hotel IN the vicinity of the new Hohrd
| Of Trade Mr.. Hnycrly has sold to Mr. John D
| Carson. who already owned onc-haf of the new
| building, the other half; then Nr. HaFerly rents
tho entire theatre with the necessary entrances,
etc, for term Of ten yeArS for rental OF
| 000 per year. Mr. Carson retans the stores and
everything in tho building not needed for the
purposes of the theatre.
| Mr. John D. Jennings has leased tho lot on
Clark street, which he recently bought for SO,
| 900 near the new Board Of Trade to Mr. William
| McCoy, the present owner Of Burke's European
HOTEL who will duplicate his present establish
mcnt as soon as the plans aud contracts can he
J made. The lease is the longest that has ever
been made in this city. Mr.. Mccoy agrees to
Day $G,tu year. with taxes and assessments,
for ninety niue years, without reapprnsemcnt
during that time. Ut the emu of tho term Ut
nitlets- nine years the holder Of THO lease is 10
have the privilege OF renewal for another term
Of Dinety-lliue years rental. bcsldcs taxes
and assessments OF per cent On tho appraisal
valuation ut that time. This makes tho lease
rim if the lessee desires il, us years. Tho
property leased is Lois ind . in Block lis. i'll
the School Section. 1t is OH Clark street. east
front, lVl feet south of jackson, nnd Is 5o1=i3,
running through from Clark street to Pacific
avenue.
The new hotel Will be 4'X-l5- It Will front on
will be six storics and basement stone front,
and the cost will be $ltU.OoO- The building wlll
be divided in centre py athiriecn- foot court,
sivcly to hotel purposes. The Pacific avenue
front will be directly opposit the new Bvtrd ot
Trade building. and tho basement anI M three
lower floors viii be rented for Otces. The Np-
per doors will lie connected with tho east nall
Of the builtllng by an iron pridge-Tay, and Will
be fitted up US sleeping rooms.
c,,1y 11~nrE oS>rffE EI,0trr.EyARDS.
Work on Michigan avenue boulevard is being
rapidly pushed toward completion, aud II great
deal has been accomplished during the past
mouth. vt first some delay WIS caused by tho
city authorities who did not seem to care about
laying the ;,s aud water pipes in any particular
hurry. but now ali the underground work has
been completed and the Park Commissioners
have started in in earnest in their department
OF the work. From Twelfth street south to
T,yenty-sixth the uniform stone walks have been
uid Oh both sides Of the street, and the curDings
have been moved back to their proper plnce.
The grAss plots have been marked OIL and the
shade trees which did not comply with the ord1-
nance have been cut down and holes hAve been
du;. for the reception Of the new ones. Work
OIL the rondbed is going on between the streets
above named. From Sixteenth street tu Twcn-
1y-sAth street the broken stOnes and cndcrs
which are 10 be used for the foundation have been
laid. aud from Twelfth street to Sixteenth street
the top dressing Of fine sand is being put Tn.
The steam iron-rollcrs are ut work pressing
down the rough foundation and making it ready
for the top dressing. The block between
Eighteenth and Twentieth streets has been left
untouched. AS II pavement has already been lh1d.
North af Twelfth street no work has been
dune as it was thought better to leave that uutil
coupction The work on Thirty-tttth street.
when is to be the Michigan avenue connection
WITH Grand boulevard, is nearly completed and
will soon tie ready for travel.
When the coutrs,ct was let for the grading,
paving, etc, OF the West Washington street
boulevard, from HAsted street to Rockwell. the
idea was that it would be completed this season.
and that the residents along TINT beautiful
tnoroughfare would DC put to no ln-
convenience ueAt year. Ine prospect