New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-08-12
CITY UNIVERSITIES HOME.
CONTRACT FOR IT'S NEW SITE COMPLETE
THE GROUNDS NEAR FORDHAM HE1GHrS-THERx
WILL, B, AMPLE ROOM.

WILL BED AMPLE ROOM.
The University OF the city Of New-York Win no
longer be cramped for to develop Its resources
and to carry out its plans for future growth BY its
transaction yesterday secured enough hand Just b.
low Fordlam Heights to provide for every possoe
increase Of the university for many years to como
The committee to secure the new grounds for the uni
versity met yesterday noon at No. so wall-st, mo
Offices Of smith & Martin. the attorneys for the Mall
estate. The committee consisted Of George Munroe
chairman; william F. Havemeyer. treasurer; wiham
s. Opdyke secretary and counsel. and the Rev. Dr.
II. NJ. MacCrncken, Chancellor Of the University. The
members accepted the deed OF the grounds given by
IT, ". T. Mali and situated University Heights. ~
that part Of the city Will be called. The grounds
given by Mr. Mali include nineteen acres opposite
Two hundredth-st and upon the east bank Of the
Harlem River between Morris Heights and Fordhsm
Heights The committee also closed the contract tor
an option upon the Of the estate, which includes
nineteen acres adjoining the gift Of Mr.. Mali.
The closing of the transfer has been complicated By
the establishment by the city Of new street. Cedar
ave-. which halfway between the Harlem River
and Sedgwickave., and parallel to the latter street,
The action the part Of the city made necessary the
changes In the contract which has consequently Just
been completed. BY Its provisions the price OF the
land purchased by the university, Including the
price Of the tract given outright by Mr. MALI Is tribe
over 100000. The frst payment was made yestcr
In cash. and the other 800 900 the amount Of Mr.
Malls realestate gift. mortgage to a savings bank
OF 900 the land is allowed TO remain, at
12 pei cent. Deferred subscriptions expected to
add $GO. 900 to the purchasing fund by autumn; but
100000 additional will be needed by the university
pay the land, without drawing It's present
resources
The acquisition by the University OF the City
OF New York will add much TO its value and resources
The lard H. situated on comparatively level plateau,
at height OF IT'S feet above the water. The
opportunities for building excellent and the new
grounds will also give plenty Of room for athletic
fields for the OF the students. For that purpose
six have already been Professionally set asde
The tract given by Mr.. Mali extends from the plateau
down to the river with a convenient frontage where
upon lighthouses for the students will be built The
railroads also have promised to build station at that
point, halfway between Morris Heights and Fordham
Heights.
Definite plans for the University's buildings upon
It's new grounds have not yet been formed but Q
start will be made possible Stanford
White advises the transferance OF the foundations OF
the present main building at Washington Square to the
new site, as a foundation for a new main building.
Moreover the large dwelling house, sixty feet square,
readily utilized for the universtys purposes. Be-
sides these, q new science building, q gymnasium ana
O dOrmitory are needed before the university can be
transferred to It's new home. OF these buildings
member of the council has already promised to build
one for the university.