The sun. [volume] (New York [N.Y.]) 1833-1916, 1891-09-13
HOMES FOR woRx1NaxEx
4 Elan to Buy Hosses Within the City
Limits Mt Moderate Cost.

\ Elan to Buy HOMES Within the CITY
Liaits mt n Tolerate Cost.
Anumber OF German capitalists too modest
TO have their names published have formed q
syndicate with a Maid in cash capital OF $4OO,.
600. for tho purpose OF building q number OF
houses within the city limits for tho occupancy
and ownership Of workinRmen. These CAPT.
talists do not pretend to be actuated by any
special philanthropy. They do not propose to
give away any houses. They PROPOSE to sell
tue houses at profit. and yet on such terms
that workin1men OF moderate means may
avail themselves OF the opportunity to own
their own homes. The general plan OF the
syndicate Is TO buy plot OF land some whore
In the annexed district. This will DO laid on
into lots 251ioo, with fairly wide streets and
avenues. 1t will be thoroughly drained and
severed. so as to make the locality hsalthful.
One OF the syndicate is an experienced
builder. In the habit OF handling largo con-
tracts. and knowing tho way to make the most
OF the space at command. 1t Is proposed TO
start with about hundred houses and to have
them then n, ready by spring. There will be NO At
gineerbrssd ,rapnings. ard crawsd. crooked.
n nIaini1 hsi rooms Lu to erect
ro%rm p with AZ tie modern eonven. snce.. "''o
leay ls szs Of the H. houses WI Is 2xto foe.
aey the SD. 81 sae Ss. and me-
houses hoy will b. Iaced in clusters Of two this
WILL VIII ieaSe ION feet spacs between each two
make It least show Of raising few kitchen
bath and gas and Cro,o water. The csI MMa
W w 'S w * son ,a and the sunerstrpcture Of
to s. hsss ioass, high
S Mch OF this $500 cash down must be paid
9a ns Inr ma remain bond and mort
month from any p CAUSE $50 4
n
be done Practically the rlan IL 10 give ~ T tsss
bvI Hav," q" opportunity to purchase house
ment is placed snficientiy low 10 ue within
t the zach OF most thrifty mechanics while the
win ~ r ps a. o oqm aee.n
aSu a is anywhere within tho settled parts OF
-, ne syndicate has placed the initiatory rart
Geore. eRR ohDr IN the hands OF Counse or
several plots Of lana under reius" that h no mas
sMid ir suitable for the PURPOSE intsnd.a,
n msdhnw Wills the plans for the building are
o rs az t rSs0 so a.a 81 ire
nouse' VIII 10 ready in the spring.
to Dr. T F"n nsa' s r. o; Inys
Of moderate nraIs who desire 10 own o, ,hsis
Amt ANN a9m ne IT mas been long possible to set
ss IN fn% Unx f.Jsns towns ovsF
or e@s Of the II SrsySas plan.
have taken the direction OF tbs i tensm o.ty
Ii na e. rr Hats with it'll. air space ami M
, r,r i mau no ownsr.hip. This plan makes the |
~ w nhssr ~ once An owner OF roai estate
within The riy limits - 'o" ee'"'o
oLe ieniur" o. TINS plan is that IL ;s M, ,,,v |
present benefit to the purchaser snnh MY
Horl bn own - hone within .nsy reach Of his
=, {, % ornament benefit Nv Tho naturni ,fsss
H. WI Tk E' ln, o, ren estate within olty lin"
~ PRES ut worth about $1,000 lot II IL ere m'e
o o', w. .iini ny IN tme,lo houses are worn
or nearly gu. OF he pnrchs price. 40 thai liz:
o uwnm VIII men be sure Of Il very hundsoms
prnilt OIL his investment """aoome
ing uHs ausnntnRe OF this plan OF building ia
S,nhi no nuisance can possibly iys q, ecfsd
Pc, Ior any pu chaser to nut IN n buil 'ins
4 "a, s,,h,i De NUISANCE his nsishbors ana
NJ ~. ps SORT o. u restriction on he proucry
t""' MI 'nnKel II more Desirable. numhsr
W Mt hobnSnn- &, rreSnondenta hnrraa
bnps ,n Of the AS the Very one that tHss
men Of nnod h.u MINI 49, mos. desirable iHr
own MONIES within the city lin,i :. 0"' '"e''