New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-10-17
CHANGES IN OLD BROOKLYN
NEW BUILDINGS on THE HEIGHTS.

Brooklyn is now enjoying the seconh gteat ""o'h
that it has had since the war. The first started IN
1863. when the project of building the bridge
assumed definite shape and the Elevated roats
began 20 be discussed in earnest This BOOM which
Terminated with the panic of 1873, though ~
showed signs of ebbing some time before, IS com
monty said to have been set going by an enthusi-
astic real estate dealer named sherman As soon as
the Bridge question had been settlei by the Two
cities he set about buying Brooklyn property in
Fulton at and elsewhere down town He manager
TO advertise his operations well that In Sh'r.
time his example was followed by crown VI
speculators The real estate market became
strong and active In year or two properly !"
nearly all parts of the city had advanced Ia 'ai"o
from 10 to DO per cent
This r,se was nnwarranteI. There was no
corresponding incre of population. ana when !"
tn course of three four years the bright VISIONS
of rapd transit began to pale. and The conpietlo"
NJ the Bridge became a synonym for that which
wonld never-hart'y ever-cc'ne to pass, palnt"'
reaction took place hut not before the enterprislng
sherman had. it is said. male over half a million
dollars He lost it all in a wildcat scheme after
ward and died n poor man sew rtl years ago.
The whole scheme was the work of speculators
and the result WAS such as might have been
expected. The foundations uDon which the
present boom rests are OF more supstantidi
character The Bridge is finished. One line OF
Elevated railway. reaching from the ferry Z" Tue
east side, is in operation, and other orahc"o'
throughout the entire city are bonnh 10 t'Iio"
soon. The population is growing at a rate nn-
paralclled IN the history of the city, ACCORDING 10
the census of 1881 1t was 566.6SS carelul
estim ates now put 10 at 76S. 000. an increase OF
over 100000 in six years. These facts seem 10
show that he present advance in property values'
though rapid AMI almost phenomenal IN some
instances. is legitimate and rests upon eoou
foundation the desirability OF the ci'y ioi
residence an its iucre Use OF population.
THOJsANO5 or NEW BUILDINGS.
In no similar period of Its history have there
been so MANY new buildings. of all kinds. put M
IN BROOKLYN a. within the last year or two. over
5000 building permits have already been issneh
since New Years. the great minority OF these are
small private dwellings in the n-w parts OF the
ctv such "a the T ventvSeconl, I~enty-th'rh
T,Ventv-dfth and Twenty-slxth WARTS. But there
has been a great deal of building done IN the oIler
districts as we'll Inlee |. one can scarcely Walk
half-dozeu blocks in any part of the city without
noticing marked changes on all Sides
Take the oldest portion the Heights. for example
There are to be seen many handsome new private
houses one or two fine hotels. several nrst-clls'
apartment houses aud number of OATS. Some OF
With MANY in this city. The Montague, owned by
CHRISTOPHER Helser the Berkeley. built by Henry
We'll md william Zeigler formerly president OF
the ROYAL Baking Powder Company, and the
tirosyenOr in M0ntagus-st.. just above the Wall
Street Ferry arc illustrations of this class Of build
inCs They are fine specimens OF mo eru
architecture and are a lmirably situated command
ing a. they do extensive view OF the East RIVER
the Harbor and the Lower Bay Rents IN these
range from 5000 to 81 $50 The Columbia ana
West End in Pineapple-st, recently erected oy Mr..
Phelps. the music dealer, are also worthy oi
mention.
Another large structure is the Hotel IT. Ue'rg',
which nis been built the slt9ot the historic Oh
tavern of the same name 10 Cltrk-sl, oy captain
William Tumhridge a naval officer who retired
from the sea several years ago to make fortune III
Wall street AMI real estate ventures The hotel IS
ten stories high. contains 400 rooms besides lOV
hatb-room. and - deliberately finished and
furnished through out. IL cost ABOUT @"-''o'o'
Many persons predicted that 1t would never pay
but It has aud handsomely. Th ire Is not vacant
room in it now and large addition will be built
next spring IL IS desiyuel to furnish nrst-claSs
hotel accom- nod atoms at lower rates than eau oe
obtained in Neg-fork hotels sci OF rooms eau
b., had in the st. George for from sli To so
week.
Nearly all the pew OClluln3s, oNeh Ihoso VI VIZ
cbeaD class, that ave recently erected, show
IN .rked improvements in general arrangement as
ell as in outside appearance. There - row OIL
hon-es in Garden place, Just nushed, wnich
exp.rts declare are the best plannel small
dyellinrs in the city; yet they did not cost over
50 900 or $4,000 each aud will rent for 81 lOo'
The Easements are bro Sn-stono the fronts pressed
brick with terra-cotta trimmiugs au l the WINDOWS
of the best Freuch plate glass. boaiwork wh'oh
surrounds the windo Tvs on the outside presents al
appearance that Is pleasing 10 tne eSe' '"'
n,rked improvsment wttuIn Is that tue statrways
arc out of sght that IS to say. they are not visible
from the open front door, beng built tnr 1u1h the
centre Of the house BY this arrangement the
rooms are made large and square Instea OF lona
and narrow, as is ordinari tue case IN shall
houses built on the orthodox plan.
CHANGES IN MONTAGUE STREET.
Montague-st is looked UPON as the future Wall
At of Brooklyn IL is in a sense i continuation oil
the great financial thoroughiare across the river
and is certainly becoming more buslness-like In
appearance every year. Trade is Increasing at ooIu
en- IL of it, There Is already an array OF banking
oHcas trnst COMPANIES. real estate and money
| hr,kers insurance men aud other mercantile
branches IN tue upper end of it, where also the
Federal Government is represented by the United
States Courts. Every house ON both sides Oh Iht
street in the block between Court aud Clinton 'tS
ia occupied by SOME kind of business the iate''
addition being the publication Offices of The Cttsea
The last private residence. No. 1913, tour-storS
brown-stone frOnt. was given up and sofa io
S45, 900 a short time ago. 1t was butt the sah'
year that the corner-stone OF Trinity Church wa
laid ls4l and was the first dwellina-no
erected in Montague-st. Several wel-known ioc"
artists have taken the upper floors for studios AM
the Brooklyn Chess Cub occupies the SECOND
story No BOB. another historic old mansion
across the way. aso recently sold for S|o'oo'
and is to be occupied in part oS the offices Oh Tue
Long Island Loan and Trust Company.
1t seems some what probable that Montague-st
will be provided with the much-talked-of cao'
road perhaps before another year. The new
.....au .r..ioh IA nnrated Last winter. ha