The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-08-18
WHERE RENTS
sCRAPE SKIES
|ra,tCfF Fine Apartments
In New York.
.If THOUSAND A MONTH


u
.,sr.Increasing demand for lux
Illustrated by the growth OF
.,ss apartment house building In
.,es A private house fitted up
!. ,,ssnse ~ 100000 is considered
- almost anywhere ON earth.
ID 30 much money IN fixing up
,o,rtmenf. a suite % rooms not
"A by che tenant. but rented by
...r was unheard Of a few years
,st such lavishness II not uncom-
II ms country now. and there are
ii apsftments In New York City
=. 5seomtions and special furnish
]. ,present an outlay of 100000 or
moro. Excellent four-story pri-
~ fasldencoa in New York city may
,sstad fUr 5000 or $4,000 "a year.
A., many citizens 10 whom money "
stlgt prefer apartments nowadays
s.rlns their own homes or renting
NO houses IL shown by the fact
IA s,sry apartment In the city which
IA, Al iho top price. $4,000 n year. "
.se-d and the waiting lists are long.
\, sWner of "a high priced apartment
tIng said ON THIS point recently:
have never had any trouble In
.sileg tig 900 apartments. and " l had
/, M seven more ~ that Kind they
Ia b. taken immediately, for all
aid have % DO would be 90 send
.dioa fow people on my waiting list
= srs anxious 10 abandon their pri-
as residences az soon os they can
m suitable apartments. When We
=, opsnsd our house we were prepar-
10 throw a series % rooms Into n
.is ths rental % which would have
IN I00o0 year. but at that time
sfs WAS no great call for A. The
ttlsst DEMAND seems 20 be Tor suites
sve rooms. with baths. which rent
fr.0e a year. These prices are for
ffrnlshed rooms"
y,w York architect who has built
s,sral hlgh class apartment houses In
nd finishing one which IL eight stories
an one apartment 20 a iloor. and the
sill d each IL $4,000 -unfurnished.
ours. There are no fewer than
fy buildings Ia the country In which
ats ior apartments run as high as
~ 10 1850.
Il .s safe % say that the income Of
ath an apartment dweller must gener-
ny b. at least 100000 n year and In
tiry cases u is more. Basing con-
uslon on tho present popularity Of
lh priced apartments II seems clear
Ai here are a surprising number ~
isn In the United states whose In
ouss arc 100000 or more n year. An
Ger n the New York Chamber OF
onmsfco recently said that 500 would
very conservative estimate of the
untsr u men In New York alone
ftose Incomes are three or more times
Afge az that of the President II
No United States
ne curious development OF the
ftf,ment house idea is Joint ownership
hulldings BY the tenants: great
1Es IN which the tenants pur-
bel their apartments outright. As
Hs 100000 has been paid for n
glsie apartment ~ this kind in the
Nl,sofhocker. al the corner OF Fifth
venue and Twonty-eighth street. New
M Two other well known apartment
iiss The GramorCy and the Chelsea
I'VE made a success - this system. n
p Gfamefcy the highest price paid b)
original stockholders for apart
cots N ten rooms was ti5.00-. and fo
Mtments ~ seven rooms from a. so
toe vas paid. There are eighteen
ifsholders each owning HIS apart
thiA These form "a stock company
'nth owns the ground upon which tn
llilns stands There are numbe
oiher apartments for renting. tn
ome from which IN supposed ~ pa.
me general running expenses OF tn
% the rooms in the knickerbocke
wsw The bachelor quarters ON tn
.lh uour and the stores on IN
Nguhu hoor were bought outright. Tn
NmenH sold Tor from $4,000 90 $50.
Nh To The original purchasers an
~ changed hands subsequently n
hN premiums The revenue from IN
@aslpr quarters and stores pays IN
ns expenses. Most of the apart
wv are Of two stories, "a privat
10y running from the first Hoo
WI. n are The drawing room. dinin
butlerq pantry. library. ETC.. ,
npor above. where are the bed
s Kitchen. etc. a. many as twer
,opms are In n single apartment. an
'snis quarters on the eleventh 10,
Included In the sale
Nnant In New York apari
nnas spent more than 100000 on h
,sunent Although there arc onl
N hls family, he has ten servan
ae prvmises including coachma
,.n chofs. Wallets and maids. Mo-
a h.loeo was spent by another tel
u, ulung his Apartment with spc
quit furniture. rich tapestrie
iNo hundred thousand dollars
umaied cost % another gorgeou
ipohted apartment In this house.
no common thing for a tenant
INTO n suite 81 rooms viii,
,s lof toQo or 80 To remodel and r
-, y tt an expense 81 $40 600 Ol
80. lnnhsh her lease ran only thr
-, vent 70 great expense in haVii
lnoms romodsIied into n thent,
... ,''l'nalre who occupies TWEEN
on an eleventh floor w now ha
Hs,s''Atons made. principally 20 !
49, Room. involving an outlay
49, llo has lived there seven Yea
"a. l''t signed lease for :
~ Central Park Apartmsnt bun
rsso. Fli'y ninth street and seven
Nj IN" The largest I'm the wor
fo H., '''!lgd cost being more N
nFsl.. thore are eight distif
q, connected BY arcades. all u
a',s... root ana 20 all appearan,
"a ., We gigantic house There Z
II A. 'lnents renting ut from 81.
tsr. fear More miilionaircs Il
ma, man we've ever before gather
~ one roof
INV i1,.9,,ls,snhayn AZ Fifth eveuue a
Hs snlh street occupies four G
.as.N stories high and has .
tis,t IN loor When IA IL e
han ,not the building cost m
h8gs'., Vlo ana that " takes ma
nv \. annually 90 maintain ~. n
ausf r that It's twelve tcna
~ ~. large incomes IN order
FNps. rents demanded: and yet
ah u't ls large. The house II ma