New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-10-20
RETROSPECT or 4 BROADVIP WERCHAN1
CHANGES ~ GEOGRAPHY AND fKCEs-CtRioUs
uIsrnEY OLE A WELI-kNOWN PKOFERIG.

Cu,xcrs ~ GroGKAPIIY AND PRICEs-CrROUs
HISTORY OF A wELL-KXowY PROPERTY
SIR. Knox. the veteran New-York halter Is ono of
tLc most omiable men in The world. and few per-
sons are better fitted than he TO speak of the nota,
bile changes which the last fifty years have caused
in The aspect of the lower part of the city.
ooh yes" SAID he the other day To reporter VINO
loppcned 10 enter his store at Broadway and Full
ton-st-"oh YES thlsis qnitcan interesting corner.
Seycnty-tive years ago there was soap ana cahdlo
factory on this site. with a big wood-ya m thc
rear there on Fulton-st. Here's picture of this
corucr as # was III Isl he continued. pointing To
q primitive engraving which hung on the wall oi
his uriyatc Office "On the left there in the back
oround Won see II. Paul's Church, aud this little
rycnJ' cnttapc IN thc foreground stood just where
Won aIc standing now. The first iloor was occupied
Nv n cigar store aud upstairs was lottery. Inc
lottery people were not afraid OF the police III those
days The law tolerated them. IN -, when ,nat
picture was engraved, had my store down ~ NJ
ton-st but in 30 moved to this corner ana nave
been here ever rincc. Old Peter Lorllard bougnt
thc propcrty but IL aftcrward passed INTO the
hands OF hs cousin. George Lori Hard, and = certain
interest IN II stIl be Ong~ 10 hs hcirs In those
days this corner was b0uRnt loI TIp,"oo. ILL., ni
are good many men in Ncw.lork VINO would ilke
to buv If af that price now. Well GcorG" l.orIllard
owned this corner, aud the property which now ~
Wcst-st. when he died he lett all his real estate
III the hands of his executors, but req lI'at lle
profits should bc applied To - c'rtnln annuiticS
After his death this corner increased so much ~
yaluc that the rent of IL was sufficient 10 pay all
the annuitIes which lorllard had charged upon his
whole estate. Accordingly the other two lots were
sold aud this one was kept for the hen'it oi the
heirs The heirs dicd and had other hera who died
in their turn. and ~ the interests IN the estate
could Ice disposed of by will or by ale the persons
interested began TO increase aud multiply hko the
children of kbrahaIn 4 little while ago thcro
were over Il hundred Of them. each having q right
10 n certain portion of the rent which paid the es-
tate" , .,
Z" How much rent do Won pay. Mr.. Knox asked
the reporter with characteristic dClic1cy.
d" | pay about > 900. but put mp TIN building
cat. ,,ll ,I~t | |
been on thia corner SINCE 'j3. but In 90 ! was
buIucd out by The great fire that destroyed Bar
NUNS Museum. The museum stood just where ING
U0Gd Building now ~. lic,l You, lnlt Wa Il .o.
dny i'm this ncichborhood. After the fire ] erected
This building but ~ was only lessee OF the prop
c1tV the binding belonged 10 the estate Accord
mgly began to buy ont the various interests, ana
now am myself hc chef beneficiary. There are
At number of others vino have interests III tho
property. bat am gradually dlsp0sing of them all.
10 show you how the estate hdd been subdivided,
there were several persons whose interests were
worth only about $50 each. This gave them al
annual claim of about j 10 against the estate"
true heirs. and IN dctcrniuIng Just who had an in
tcrcst IN the estate, and how muchf"
"Wcii," IN. wcrcd Mr. Knox, with twinkle IN
his eye. 1.-THE chief difficulty that | encountered
transaction. often i0nnI ii hard TO come to an
agreement on the price
=" | suppose Mr.. Knox, having been here 50 long,
you fec no inclination TO leave ihls corner''
NO; I've been here over thirty years and I've
sold hats here 10 a good many men of whom yOu'ye
heard, but whom you've never seen. There was
Old Chancellor Kent, and Judge Ulchiy,c, ard
Daniel lord. You remember Daniel Lord. do youl
Well he hal the smallest little bit % a head ever
saw. He couldn't get nat small enough To fit him.
town, but its too dandIiicd for me up there like
the old shop and the old locality"