New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-08
THE DECISION DISCUSSED.
DIFFERENT OPINIONS ABOUT THE RE-
LECTION OF THE MANHATTAN PLANS
SOME REAL ESTATE MEN ARE SORRY AND
OTHERS ARE HAPPY-PRfCEs IN THE UPPER
PART OF THE CITY NOT LIKELY
TO BE INFLUENCED.


TO BE INFLUENCED.
The rejection by the Rapid Transit Commission
OF the Goud-Sage plan of extending the elevated
system by means of surface roads-apparen;ly an
incongruity-was discussed with much freedom yes
terday by real estate men, Some OF those VINO nave
dealt largely in property In the transhariem DIS
trict expressed regret at the decision. They nave
been looking for the speedest relief In the transit
direction. and while there little real rapid
transit in the Gould-Ssge latest proposal, what was
offered was regarded as being so much gain
on the other hand these same men approved the
Elm-st. This they regarded as possible. be-
cause sewerage system or private vaults would
be in the way. and genuine rapid transit 10 the
upper part of the island and to the city limits could
thereby be provided in view of the bfurcaton at
the Grand Central Station Some well-known real
estate men expressed the feeling which has obtained
considerable prevalence that the Manhattan Rail
way Company has been playing a bluff game all
along and has had little idea that its plans put
forward would be acceptable to the Rapid Transit
Commission.
Frederic E. Camp son and one OF the executors
Of the estate Of the late Hugh ~ Camp. said: Per
sonally. am extremely sorry that the proposition
Of the elevated road people has been rejected My
father great advocate Of the extension OF the
elevated system and had hoped 1t would be extended
through the Twenty thrd and Twenty fourth wards
two years ago. The present decision will be great
detrment at least tempora rily. to the two wards
Just look at Sxth-ave. and see what the elevated
road has done for 1t In fifteen years Property be-
tween Eghtieth and Nnetieth sts.. in the neighbor
hood Of Columbus-ave.. which In lSso was worth
only $1,000 sells for $1,000 Still do not think
that values in the Twenty-thirl and Twenty-fourth
wards will at all depreciate in consequence OF the
lection Of the elevated roads plans since they pro-
vided only for surface extension.
The elevated people will. perhaps. learn wisdom
in time | live al Morris Heights. and since the
opening of the cable line in Coumbus-ave.. and
especially since the running of open in the
warm weather. | should think that the elevated
road has lost half rs traffic 1t has got 70 do
thing. and II may now be really anxious TO-
The Em-st. project is excellent one I know
one Of the Commissioners well and he not long ago
told that. whatever happened the Rapid
Transit Commission would keep at work until II set
tied the whole question OF rapid transit satsfacto-
riy. rather think the elevated people have 10
this conclusion They thought they had the stua-
tion in their hands In sporting parlance
they 'chucked big bluff. and now they coming
down from their high perch.
I'm spite of the panic of 1893 and the present stag
nation I'm business real estate in the Twenty third
and Twenty fourth wards has held its own be-
lieve the Commission will yet afford real rapid
transit"
Philip Smyth declared that he was so dis
gusted with the whole rapid transit nuddle that
he did not wish to talk about It. lie turned 10 a
office at No. II Pinest, and pointing the district
Immediately above Forty second-st., said. There
you see fountains. an old-time homestead and prac
ticay country life Consider what this city is now
only forty years from that time. 1t Is growing
growing northward. Every year adds to its value
and every year makes the rapid-transii problem
more difficult. And yet We have been talking rapid
transit for ten years The best thing the city could
do would be 10 expend 100000 at a rapid
transit road before the difficulties increase any
more
What do I think about the Commissions de-
csion on the elevated road plans? Why discuss it?
This is all higgling and haggling No progress is
made. The Em-st. proposition is good one 1t is
perfectly feasible. and presents such sewerage
and pipe difficulties exist in lower Broa dway If
the plan could be pushed right through. it would
yet What do we see? Why one of the Con,m i
sioners opposes the plan. Has he anything better
together Oh such plan and push ii through? They
do 1t If they viii Public sentiment will be be-
hind them. Something has got to be done. Every
body is getting Disguised The Manhattan or some
road will get the whole thing If the Commission
does not agree on plan soon"
f. De Ruyter Wissmann. OF Seton & Wissmann.
No. Il Pine-st.. said IF the announcement OF the
or the fall 1t might have had temporary effect
real estate uptown. As It is, everybody will have
forgotten all about II when the season sets in.
Something has got 10 be done. The Manhattan will
DO 1t in time II the Commission does not solve the
problem otherwise in the time"
one rate real estate broker expressed his views
in the following blunt manner: Il am glad the Com
they Will keep rejecting the elevated companys
offers. do not believe that corporation has been
acting In earnest regarding its pretended plans.
After all its pretences. it came down to trolley
surface extension Of an elevated system. Ridcu-
lous, Being cut OFF I'm that attempt, the elevated
people will try some other shrewd feeler' next, |
suppose. They began the game years ago by pro-
posing ferry connections and crOsstown line which
would have cut off every system OF genuine rapid
transit | hope the Commission will push the Elm
st. plan with all its energies. II IS a practical
scheme. and free from the objections to the Broad
way route
1t was said yesterday that the rejection by the
Rapid Transit Commission OF the plans will not
be followed by other propositions from the company
at least not Immediately. The company will take
further steps until II settles the power
for the operation OF Its roads.