New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-01
HARD TO KEEP UP RENIS
TENANTS CANNOT AFFORD TO PAY OLD
PRICES.

LANDLORDS ARE BEING MADE TO REALIZE Ihi'-
MANY APARTMENTS ARE vAcANT-LEAsE'
DATED LARGELY FROM OCTOBER /.
.,,.. .o,,,rp season is very dull" That was the
,sr.er NJ several leading real estate agents :"
es.ion, asked by Tribune reporter tue o.'e' '.
In detail the agents said substanuahS' Ine'e 90
raI causes of the present dulr ess. The nrst
one Is that In the last few years the ahhudl ,s"s
season has been changing from Spite ~ 80 90
narhaps more dwelling houses anu apd '' -,
, ioassd ON october than on May l. Inns
""" -, with IN. advent OF modern apartment,
80 whose owners shrewdly dated their leases
-, October 1 in order 10 take advantage OF Tue ie
,urn Of families from their summer ou''Hss az
other reason for the duness is that the ou'a'"e
boon has resulted in the erection Oh sthdii nouHs
ard large houses in excess of the demand ana SUI,
no,ner l. that on account of prolonged hnancA
denression many families compelled TO ecoho-
mize. some removing from the city
Uorsoholders now realize fully than ever
before that with the near approach Oh summer nv,
can pack up and store their furniture apaiuo" "eH
houses or apartments on May J. and AFTER passing
~ s,,,,cer elsewhere unburdened by city rent, re-
,urn in the fall and make advantageous leases.
They also insist on having their hcmes rerhoue"eu
or placed in thorough order by theF ia'u'oius. =.
assent il given 10 this, then the tenants 'eie'
mack their household goods in the middie oi 'hs
doors or in a few rooms that artisans may nave
fraa access 10 walls woodwork, etc. linen they
bie themselves away to mountain or seaside. IL
the landlord refuses accede TO their derhauS 'ns
tenants simply move away
Landlords are unusually willing. this season. 70
make liberal concessions TO retain tenants AZ
some cases the concessions in the form OF re-
lrc.i rents Will, the agents say that they DO
no, exn.ct a general or sweeping reduction they
frankly admit that the maintenance OF last year .
rates Is no easy task and that ihere Is 10 poss'-
bllity OF any advance. striking feature IN
rentals this season is that many leases are oeihg
made for eighteen months. from May l. ~ mat
they may expire a year from next ia'i'
Houses and apartments between Third and sixth
,yss and Fourteenth and Fifty-ninth SITS, are re-
ported to be renting slowly. Above fhV-hih'h-sI.
ON both sides OF The city, houses ana apartments
beng mostly new and improved are more easily
rented especially the West Side. When the
now onar,ment houses were first erected they were
an attractive novelty but, one of the most
prominent local agents said TO reporter feops
generally are anxious to i've IN sehteei iehe-
mcnt houses. when they can procure separate
homes In accessible suburban places for less rent"
On the North Side. especially, there are many
unrented rev single houses and apartment houses.
Reserring 10 the building and other improvements
there an agent who has an extensive chentage.
said: The way that part Of the city mas ad.
vanced IS most gratifying. The single hve-cent
FAR measure is "A law. and now a bridge over the
Harlem River is TO be put up at Nilis-ave. This
viii undoubtedly be beneficial to property on the
North Side. -, ... ,-..-.
Agents who make a speciality Oh tenement-house
property say tina: the agitauon for reform has
piarei the landlords Of those populous aDodes on
THE ragged edge of anxiety II not even of re-
morse and despair" Tenants, they say, are now
stoutiv asserting their rights, and while many
deserving old houses for new and improved ones,
others will not consent to remain in the old ones
unless they are thoroughly retted on modern sanl-
tary principles. AS evidence OF the extert OF the
exodus from the city one agent called attention to
the immense increase Il passenger train the
Bridge ard Brooklyn ferries and on the ferries 10
Staten Island Jersey City, HOboken and Wee
haWken and also the railroads in New-Je.sey.
In summing up the situation, one OF the agents
visited said: at would be useless to deny that ap-
plea lions for houses and apartments are coming
in more slowly thar ever before In the lifelong ex-
Derience of the head of this firm People look
Ing for smaller and cheaper homes. Rents by
no means strong and, generally speaking will be
lower at least until the fall renting season begins
when they may rally. But their early and complete
recovery is by means likely. There be no
advance under existing conditions for house holders
could not afford TO pay 1t: When general business
improves and the countrys prosperity IL restored
there will be demand for better and larger homea
but until then there be no boom in rents"