New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-15
NETWORK REAL ESTATE.
IMPROVEMENTS IN THE NORTHERN PART
OF THE CITY.

OF THE CITY
CYRUS CLARK ON THE PROSPECT FOR THE COM
PLETIoN OF RIVERSIDE PARK AND THE
DRIvEs-PI.ANs FOR vIADucT AT
NINETY sIxTH-sT
Cyrus Clark. president of the West End Associa-
ton. has been for many years identihed WIN rea'
estate interests in that portion OF the city N'"s
north OF Forty-second-st. between Eignth-a'e' anu
the Hudson River. Mr. Clark owns much properly
there now some OF which Is sought TOT improve
ment now that the panicky feeling OF the last Jew
years is rapidly passing away He was al one '''ne
a prominent candidate. through what was suppo
10 be the invitation Of Mayor STRONG ioi
Commissioner. He has been identneo cioseS VIZ"
the development Of the West side ana mas many
o,s,rol views respectlng the beautifying Of sec
ton which is destined to be one Oh INC ''''' ~
tractive within the city limits
Mr. Clark was seen at his home. NO. 81 "es'
Seventy-sixth-st.. by Tribune reporter 49,,
Afternoon When asked for his views as 10 INC IN
provemen,s going on ana hkey u oe
taken within the section mentioned MT S'aiN ~
"All the available lots In the great west '"u
finn twisting to-day are be found only north"a'u
from Seventy-second-st TO Manhattan-sL' anu e
tending 10 the upper portion OF that section ""'."
NAV be said to be limited by the Catheurai Ie's"'s
When the Columbia College and ST. Luxe i'o'
al
we'll as the Cathedral which must result ia.e' o"'
.ha, LEGALITY will be a most charming one. No per-
son visiting New-York from this country Vi "o'''
abroad will 10 away without visiting 'ha' 'p''
The pans and specifications for the coihPo'
the walks and paths in Riverside PARK nave oee,
approved or are about to be approved oy 'ne ON
department The contract will be let ths year.
vrhro !, may he too late TO do much work unoer
tina. contract this season. 1t may be wen ~ ga!
that what we want is TO secure an appropra'o"
IN the fall OF the present year Under inc 10" "
cannot spend more than s2OOVW year
PLANS FOR A VIADUCT AT NINETY SIM h-'i'
..rhe drawings are ready for viaduct across
Ninety-sixth-st under which there VIII De -
roaawava. each forty feet wide. and each allowing
people 10 reach the piers and ascend 'ne III, ~
Nirs,v-s,x,h-st have seen the design. Inc p"Se
is 10 be of granite and the upper portion oil ii""a
limestone and when finished it will prove 'reu''
10 the present Park Commissioners boiA'ss ~, ~
reach the foundations will soon De pes"n ~
p,ot covers the original STRIKERS Bay ana tha' nus
heen Allied in but just where the SOLD fouhdauo"7
heg,, ar end nobody knows. 1t is intended 10 COM
nla,e this Improvement next year the sum o'
500 600 is available 10 be used during the PieS'"'
year for the completion of the retaining walls a'oe
the river side 1t is expected that the Piaiis io'
walks and paths would be ready early this year.
and the property-owners went TO Inc Legislature
md had the appropriation transferred from the
wear 1897 in order 10 complete them this year we
think there is sufficient money APPROPRIATED "
comnlete the Riverside Park and drives, under
present laws. When completed 1t VIII De oie VI
the most attractive parks in the world
The commission appointed 10 extend the pain
ard the bulkbead line is now taking evidence as
10 the value OF the lands II this IS allowed IL
Will have the effect of extending the PARK ABOUT
four hundred feet and when finished IL VIII De- III
fact. another Battery Park. extending three mics
IN length on the banks of the Hudson. Nothing
mad no
Of character not possessed by any other great
CITY In the world. At two places-Seventy-ninth
and Ninety th-st.-sufficient space mas peeh al
lotted for the establishment of piers; but no nuu
ings will be allowed 10 be erected on such space
and therefore Il will be maintained strictly as
park.
The only fear respecting the property on Cathe-
dral Heights is that owners may be too anxious to
derive income from 1t. and will be too ready 70
sell 1t in such a way that fathouses and stables
may erected thereon II this is done 1t VIII re-
suit in much injury to the entire section
TT is PITY" continued Mr.. Clark. that We have
no laws acting as restriction upon plans which
should be applicable TO a frs-class residence 10
caNty The West End Association attempted, at
the last Constitutional Convention, to have pro
vision inserted in the Constitution giving to the
local authorities or certain boards OF authority OF
cities the right restrict certain streets and ave
nues for the use of private houses only IL this had
been done. il would have been of immense ad
are at the present time. regret TO say. many deal
ers in real estate who Will buy lot or TWO IN d
locality. and threaten 10 PVT up natnouse or u
process hey give 10 such locality the reputation OF
submitting If they do submit on such terms. 10 a
species Of backmaL There ought TO be some au-
thortv or power lodged IN some one OF the
OF property that only such ana sueh glasses Q.
buildings shall be erected in given locality. II j.
all very well to say that man has a right 70 90
what he will with his own. but he ought not 10 nave
the right 70 that power 10 an extent Wnlch VIII
lnjure the property of his neighbor.
Mr.. Clark asked whether there was any
thing hearing upon real estate in connection WIN
the late panic different from the conditions which
appeared during other pancs wlthln MS experience
REAL ESTATE DURING THE PANIC.
YES" he replied. there is one thing decidedly
different-something that have never known be-
fore The well-ocated vacant lots have actually
advanced in value during the late panic. while In
ali similar panics they have declined about 80 per
cent / account for it by the scarcity OF the lots.
II is a question of supply and demand
What are your present views as 10 the future
outlook OF real estate in this section? -
II think property is decidedly strong Within
rented or sold. | do not know OF house in
West Seventy -sxth-st. which IS either for sale or
TO let at the present time. while year ago there
were many between the Park and the Boulevard.
now you none. In other localities the same
state OF things exists The reason for this IL that
fewer houses have been built. because there have
been no lots which 10 build them, and those
possessions"
SINGLE HOUSE OR FLAT?
Just now people who returning from the
country looking for homes In small houses for
have al