Peninsula enterprise. [volume] (Accomac, Va.) 1881-1965, 1895-06-22
THREE NEW YORK LANDMARKS.
Trinity. st. Paurs and Grace Church Defy
a. sd,.,,,. of I>usjness Interests.

Trinity, st. Paurs and Grace Church Deiy
the Advance of Business Interests.
Three landmarks on Broadway occu-
py sites so valuable that their retention
confounils every calculation OF real es-
tate spectators. They are the only three
churches on Broadway below Forty-sec-
ond street, and each has come to DC part
of the popular distinction of that thor
oughfare. They are Trinity, st. Paul S
and Grace All three lave high CLAIMS
TO architectural eminence, and all three
are of ono denomination-the Protestant
Episcopal
The site of Trinity church, on Broad
WAY Mt the head of Wall street, is ap-
praised officially at $4,000, 900; that OF
St. Paul's church. at Broadway and
Fulton street, at 81, 750, 600, and that OF
Grace church, Broadway opposite Eley-
enth street, at $3.50, 900. The frontage
of Trinity church, including the church
ward is 4O6 feet, of St Paul's church
I67 feet and of Grace church 100 feet.
The gross valuation of these three
churches is Sc, 100, 900, and rs the usual
rate of assessment on real estate is about
GO Der cent the actual market value OF
these three Broadway plots is III excess
of SIC, 900, 900. In European cities 1t is
no strange thing for public thorough
fares to be dotted with venerable edl-
fees erected for ecclesiastical, military
or governmental purposes, but in New
York, where there is no material partner
ship between church and state, and
where, perhaps, more utilitarian views
prevail than abroad, the steady enhance
ment of real estate values has been
such that few religious corporations
have been strong enough or felt them
selves strong enough to withstand the
temptation to sell. On the present site of
Tiffany's, for instance, Broadway and
Fifteenth street, formerly church
stood. There was chapel opposite the
site of the old New York hotel. But
with the advance of business interests
the congregations reluctantly moved
away. These three landmarks named
have stood their ground, and it seems
probable that they will continue to do
so.
st. Pauls church is the Oldest reli-
gious edifice in this city. twas built III
1864, and it was the church which
George Washington and his associates
attended Immediately following the in
auguration ceremonies i'll 1899. Trinity
church is the third of that name Oh the
present site, and was erected i'll 1916.
Grace church was erected III 1915, one
year before Trinity, and the site, at the
head of Broadway where it turns an
angle at Tenth street, was carefully cho-
sen. All three buildings enjoy the ad-
vantage Of being kept in excellent re-
pair, and arc improved from time to
time by the liberal contributions OF bene-
factors. This is especially true of Trim
ity and Grace church, which may al
most be said TO improve year by year.
1t is a popularity of these three land
marks of New York that those who at
tend them come, in nearly every case,
from sections of the city far up town,
so that they are, if such an expression
may be used, the three churches to be
reached by carriage, Very few persons
who attend either Trinity or st. Pauls
reside in their vicinity, and the number
of such parishioners decreases each year.
Grace church retains its high rank ar
chitecturally, notwithstanding the num-
Der of new church buildings in New
York, and it has the additional distinc-
ton of being popular for fashionable
weddings. New York Sun.