New-York tribune., 1895-08-03
MCREEKY & co. TO MOVE.
THEY WILL BUILD NEW STORE IN
TwENTY-THIRD-ST
IT Will. re A MAMMOTH ESTABLISHMENT. EX-
TENDING THROUGH TO TWENTY -SEcOND-sI.-
CoxsIDER ATOMS WHICH ARE SAID TO

TT WILL. RE A MAMMOTH ESTABLISHMENT. EX-
TENDING THROUGH TO TWENTY -sEcoND-sT-
CONSIDERATIONS WHICH ARE SAID TO
HAVE INDUCED THE MOVE
For several months there have been numerous
rumors with respect TO the alleged remoVai vi '"e
drveoods firm of James McCreery & Co. from their
present site at Broadway and fIieVehth-st' " :"
point near Madison Square. The latest repo'' III
real-estate circles was that the firm had ABOUT
agreed TO accent the Victoria Hotel as the site ioi
their proposed new store. 1t was puphs'ed "' ~
time OF the death of Mrs. Paran stevens ."'' '"0
had been negotiating contract Win 'te III " "
mentioned and that the negotiations were p'o"s"'
to a close by her sudden death. Iniorma'o" ie-
.eved NJ that time gave strong ground for the re-
nort There were denials made by the hrH, now
ever but even these appeared to be quaiiheu' '".S
are now finally set at rest through more ie0e",''
acquired knowledge The facts nave just peei w
veloped which go to prove that In the plans VI 'e
firm an entirely different location was contemplate
II can be asserted authoritatively that about the
middle OF September next the firm VIII open "c"
retail drygoods at Nos. O. and Do W est i"eS
third-st with an elevation OF six stories IN lha'
thoroughfare, and with a ground area extehuihs
through 10 Twenty-second-st distance OF -VV lee"
The frontage on Twenty-second-st VIII be ABOUT
ninety three feet or approximately four CITY 'o's'
Nos 5S S. 81 and 49, The elevation In Twenty-sec-
ond-st. will be equal TO that in Twenty-thiru-s',
The material is to be buff brick, terra Gotta ana
iron.
1t has also been said equally good authority
that the firm so long ago as May &C. 1891 came INTO
possession OF the entire frontage on Twenty-thiru-
St. extending westward from No. "a West lweh'!-
third-st. to the corner of Twenty -third-s, anG no
Sxth-ave including the building no" 0ccui @ .,rs
the site Of the old Booths Theatre. They nave
thus secured frontage on Twenty-third-st: ol ISi
n the Central part Of the city It is understood
be the purpose of the firm TO transform tins prop
erty into gigantic drygoods store of the most az
tractive construction and thoroughly equipped with
elevators and all of the auxiliaries OF a mammoth
merchandise establishment.
The explanation of this move is said to be FOUND
In the encroachment of large wholesale houses upon
the neghborhood of Broadway and Eleventh-st. and
the natural concentration of the retail trade upon
Twenty-third-st. This move was also encouraged
by the development of the railway system around
the Twentythird-st. site. There is an elevated
railway station at Twentythird-st. and SXth-aNe
The cable in Broadway and there are
crosstoWn horse-car lines running along this thor
oughfare. In addition. the street is now being eX-
cavated for the sinking of the mechanical appi-
aaces for what is to be underground method for
adopting electricity motive power for surface
roads along Twenty-third-st., from Lexington-aVe
to the Twenty third-st. ferry.