Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-01-09

assessed value. sl77. 500. + street under con-
demnation. sSSI SEQ. 2 street TO Pennsylvania
avenue. 1.0l5.sS9 square feet: assessed value,
S2is. street under condemnation
S992. 76o2o. Total. $3.50. Oss 20.
From north intersection 254h street 70 south
intersection: Total number of square feet,
1.o6l.4' from 18th street extended 10 z street:
Assessed value. S165.0o0; estimated under con-
demnation, sS25.0o0; from stree. 10 25th
street: assessed valus. SIs5.OSS 20; estimated
under condemnation, $14o. 25i. so; total. $751;
565. 254. So
To these amounts should be added aboat .
per cent for condemnation proceedings. sur
veys. &c.
VALUE OF THE LAND AFTER IT IS RECLAIMED.
This value can be ascertained even less deti-
nltely than It's value under condem-
nation. A work of such magnitude would
hardly be completed in less than ten
years, and even after completion il
would be some time before the fill had suf-
fciently settled TO allow the construction Of
buildings. of sewers and the pawn; of the
streets. These latter works could be done
gradually out of the regular appropriations
and need not be estimated as part OF the cost
of this improvement.
Should the city increase in population as
much in the next decade ne j, has in the
last | think it is safe TO asy that the govern
meht would realize from the sale of the
reclaimed lands north of rennsylvania ave
nue. and not included in the streets an amount
double that paid for these lands under condem-
nation. South of Pennsylvania avenue much
would depend upon the action taken with re-
spect to the steam railroad question. IL this
section Is made a railroad terminus The value
OF the land might also be double its
value under condemnation. but if 10 special
use lie made of the land its value after the
destruction Of the waterway, might be even
less than before. In these estimates l have
considered no in nj ;,f,
Under the above supposition the land be-
tween Pennsylvania avenue and Z street would
be purchased at so cents q square foot and sold
at 50; the north OF P street would be rsIr-
chased at "a cents and sold at Sl.e3 after the
streets were deducted
The following the estimates of the value
to the government Of the land reclaimed in ex-
cess Of the probable judgment OF condemna-
ton:
From Mass husetts avenue to Potomac
river Massachusetts avenue 10 L street $40 =
200 square feet exclusive of streets Estimated
value under sale. So, l57 ,056. Estimated value
under condemnation, 81, 500, eco. Increase.
1857 ,o56.
From T street to Pennsylvania avenue.
LOCO, 900 square feet excl Of streets: Estimated
value under sale, 81, 800, 900; estimated value
under condemnation, $500. 80. 20: increase,
ss07, 239.so; no increase estimated south of
pennsylvania avenue; total. Il ,464. 295. 50.
From Massachusetts avenue to PENNSYLVANIA
avenue (same as abovel. increase, 81 AGA 295 so.
From Lyons mill TO Pennsylvania avenue.
Lyons Mill to street. esq, 975 square feet,
exclusive OF streets. Estimated value under
sale, 81, los. lO5; estimated value under con-
domination, sSS7 500; increase. S22l 26s.
From p street TO Pennsylvania avenue I. 600 =
GOO square feet, exclusive of streets: Estimated
value under sale, $500 900. Estimated value
under condemnation, 1922. 100 20. Increase.
ss07. 239.S0 Total, ST., ops, 507. 80.
All east OF 25th street From 25th street ex-
tended to street. 509, $50 square feet ex-
elusive Of streets. Estimated value under sale
81, 1887 estimated value under coudemua-
ton, 1925, 600; increase. 1888. 1853
From z street 10 25th street, 659.975 square
feet exclusive of streets:
Estimated value under sale, SI.lS7 $500
Estimated value under cond. TAG. 254 50