The evening times., 1899-03-25
HOWARD GOULD TO
BUILD 4 PALACE
Purchases a Lot in the Mil
lionaire Quarter.
A Grand Ballroom to Grace the
Mansion.
Pays 100000 for the Ground Upon
Which His New Residence
VIII He Erected.

New York, March 25.-Howard Gould is
the purchaser of the south corner of Fifth
Avenue and Seventy-third Street, about
which there has been so much mystery for
several days Final contracts were signed
by Mr.. Gould on one side and Robert ID.
Evans and the executors of the Reckon
derfer estate on the other Thursday night.
and as soon as the titles to the property
| have been searched it will pass into Mr..
Goulds possession.
Mr. Gould will pay in round figures $780,
600 for this site for residence, for he
means to erect palace upon the land that
shall equal, If not surpass, anything in the
mile and half of millionaire homes be-
tween the Metropolitan Club, at SiXtieth
Street and the site of the proposed Carne-
gle mansion, at Ninety-first and Ninety
second Streets.
The plot purchased by Mr.. Gould has
frontage of seventy-seven feet and two
inches IN Fifth Avenue and 100 feet in
Seventy-second Street. The property car
ries with 1t rights TO use an alleyway, ten
feet wide, opening into Seyenty-third Street
and running back half way to Seventy
second Street. This alleyway can never be
built upon. and, besides affordng light
and air for the rear part of Mr.. Gould's
| mansion. it will allow of servants and
tradesmen's entrance of the street.
Thrty-two feet front in the avenue and
100 feet in the street comprises the plot
which Mr.. Gould bought from Robert u.
Evans. He must have paid nearly $780,
600 for it, as il. is known that for the fe
mainder of the site. i5.2X1S0 feet, he gave
/. the Reckenderfer estate, represented by
Samuel Goldsticker, $4,000
Both parcels were purchased by Mr..
Gould through John Y. Golding, who only
| in December last sold the corner lot for
John W Harper TO the present seller, MIR.
| Evans. for $500, 900. At the time of the
purchase il was announced that Mr.. Evans
would build mansion for himself, but the
| large profit offered by Mr.. Gould evidently
induced him to change his mind
Rumor during the last few days made
! William K. Vanderbilt. jr., and h. Mex.
Twombly, who married Cornelius Wander
bits sister. the purchasers of the Seventy
! third Street corner. IL also credited them
with the intention of purchasing the re-
mainder of the block front down 10 Seven
! ty-second Street. These rumors are now
proved incorrect by the statement OF Mr.
Gould's purchase.
Ii is probable that work on the building
| will not begin for at least a year, and ii
may be year and half before the foun-
/
One OF the features, or, rather, the feat
ure Of the mansion. will be a splendid
ballroom. occupying practically the entire
parlor floor. As the plot upon which the
mansion viii stand has an area of more
than 10000 square feet ii may be inferred
! that this ballroom will be one of the larg-
| est in private house in this city.
Other characteristics of the residence will
be in line with the ballroom. II will allow
Mr. Gould and his wife, who was Miss
| Katherine Clemens. an actress, 10 enter
] tain largely. To the end that the house
| shall be a perfect one for receptions, balls
and dinner parties no expense will be
spared in ITS construction and fitting up.
Just how much the building alone will
cost it is impossible to estimate with any
degree of accuracy MIR. Gould may easily
spend between Ssna, 200 and 81 100000 in
constructing his palace.
If present plans are not changed, it will
| probably be two years before Mr.. Gould
| will move into his new house. Meantime
he is occupying a leased dwelling at No. %
| West Fifty-seyenth Street.
| Howard Gould is the second member OF
his family TO join the colony of mile and
a half of millionaires in Fifth Avenue, op-
posite' Central Park. At the north corner
| of Sixty-seventh Street is the residence OF
George ]. Gould. He purchased il in 1892
| from Jacob H. Schiff, banker.