The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-06-18
THREE NEW YORK LANDMARKS.


Trinity. 90. Paul's and Grace Church Defy
the Advance Of Businsss Interests.
Three landmarks ON Broadway occu-
py sites so valuable that their retention
confounds 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 be part
Of the popular distinction Of that thor.
oughfare. They are Trinity, St. Paul's
and Grace. All three have high claims
10 architectural eminence, and all three
ere Of one denomination-the Protestant
Episcopal
The site Of Trinity church, on Broad
way at the head Of Wall street, is ap-
praised officially at a., 600, 900; that Of
st. Paul's church, at Broadway and
Fulton street, at 81, $50, 900, and that Of
Grace church, Broadway opposite Elev-
enth street, at $3.50. 000. The frontage
Of Trinity church, including the church
yard, is 400 feet, Of st. Paul's church
1877 feet and of Grace church 100 feet
The gross valuation Of these three
churches is Sc, 100, 900, and as the usual
rate Of assessment ON real estate is about
60 per cent the actual market value Of
these three Broadway plots is in excess
Of $10, 000, 900. In European cities it is
no strange thing for public thorough
fares to be dotted with venerable edi-
fees erected for ecclesiastical, military
or governmental purposes, but in New
York, where there Is 10 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 a church
stood. There was a 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
90
st. Paul's church is the oldest reli-
gious edifice in this city. 1t was built in
1894, and it was the church which
George Washington and his associates
attended Immediately following the in
auguration ceremonies in 1889. Trinity
church L. the third of that name ON the
present site, and wal erected in 1916.
Grace church was erected in 1845, 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 are 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.
It is q 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,
20 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. Paul's
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.