New-York tribune., 1896-02-04
MONEY FOR THE NEW SPAN
THE FINANCIAL SIDE OF PRELlMlNA-
RIEs FOR THE EAST RIVER BRIDGE.


TWO CITIES THAT 100000 ADDITIONAL.
SHALL. BE FURNISHED NEXT AUGUST
IF 1T BE FOUND NECESSARY, TO
CARRY on THE WORK.
A few days ago Mayor Wurster. of BROOKLYN ana
Mavor Strong OF New-York city, agreed that there
ebould he an appropration of $4,000 for preliminary
work on the new East River bridge, each city 10
contribute onc-half Of that amount NO" inc TWO
Mavors have agreed that $4,000, additiona! sha DC
furnished next August making an appropriate" ol
81 Oole0 if that amount shall be found necessary
as after deducng 10000 for the rhlmann charter
,here might otherwise be enough 10 carry on me
work.
The Assessors Of Brooklyn will make ahother
assessment In August, when the increase IN 'ne
valuation will be known Then it VIII be possloie 10
issue the necessary bonds. The Appropriation VI
81 10000 will not include the $4,000 for which pohus
have been issued already
The estimated cost of the new structure has peen
exed al Ss0OOp Probably the cost OF properly
necessary for the approaches will Increase mat
amount 20 about s2.Ooo0Oo. although no estimate Oh
the total cost be obtained until estimates III
detail have been prepared by the engineers M
Buck the chief engineer, and his assistants are
preparing plans Those for the caissons are beng
altered These were prepared when Mr.. Buck based
his CALCULATIONS on the construction OF Uluse
with four tracks ana nt oltcrations it is
thought that the completed plans FOR the cdIssoI.S
viii be ready for adoption in one mohih U"e' anu
bids for the work Will then be received ,,. .s
The precise location OF the bridge. Whlcn s Mas
Nxe1 bv the Commissioners when the conTHci VIZ,
The East River Bridge Company was signed VIII
NOT be made known for some time; thc 'ollnlS
sloners have hoped that they would nave eIoush
money TO buy most of the property needed lor APP
nroaches before they allowed the puDhc 10 kio"
ihe exact line of approach which they had ~seeceeu' ~
No money will be forthcoming FOR that puipose,
however: and II there be real estate Doom a'ons
the line OF the approaches, the ConmlSSioleiS slS
they will not be responsible for the addtlonai eA
pense and cost OF property which Woud result iio"'
such a boom. -, -, .o..,,,o, nv,
II has been said heretofore that the terminal on
tho Rrooklvn side will be Bedford-aVe petWteei,,
south Fifth and South Sixth SITS: The plaza Wouil t
extend 10 Drlggs-ave. and as far horth as SOU"
Fourth-st and the property FACING Broau"hs az, De
tween Bedford and briggs aves Wouiu hot ne .t9
turbed Moreover. the expensive properly Oh l"e
Wulia msburg Savings Bank would not De requrtu,
some Eastern District people believe that me Pa "a
will extend as far north as Marcy anu II ls
said that excellent terminal faciites couid pc se
cured M Rroadwa- and South Eighth-s, Wnere
Mr. T'hlmann proposed TO have his bTooklyh t'i
minai 1t is said that If the plans OF ihe Ear, @
River Bridge Company are followed the piazza INA!
extend az far as MarCY-ave 80
II &c ntimated by his competitors that suCn an
ARRANGEMENT would gladden. the heart OF fatrlck
Henry Flynn. whose troley-cars wouIi !o alutis
the southern side OF the plaza. and the O'iaISe
i'm which extends along Marcy-aVe. from BrYal-
wav 10 South Fifth-st., would be the ohli roau Oh
~. gfN