The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-03-15
CITY LEASES TO CHARITIES.
NINE INSTITUTIONS THAT PAY
81 4 YEAR RENT. @

Purpose Of the Rlsberg Biis Changins Tw'
OF the LeSses to Grants--8enefits u
the Ctty-The Northward Institutions
Drift-Ail Not Likely 10 Move
The Elsberg bills authorizing the Sinking
Fund Commissioners to change the leases
given by the city TO the Orphan Home ane
Asylum Of the Protestant Episco pal Church
and the Nursery and Child's Hospital tc
grants in fee simple absolute are intended
TO help along the movement which Ia known
to real estate men and philanthropists a.
the northward institutional drift.
This novement had its partial beginning
in the case OF the Roman Catholic Orphan
Asylum. which held q longtime lease from
the city of the Fifth avenue block between
Fifty-first and Fifty-second streets, for
WHICH the institution paid the nominal
rental OF 81 a year. That lease was changed
TO a grant IN fee simple, with. the provso
that the orphan asylum should sell the
property and use the proceeds TO buy a
new site and building.
That was done. The Roman Catholic
Orphan Asylum got enough for the prop
erty not only to build new home in The
Bronx, but also to maintain itself without
further aid from the city. And the city s
benefit In the transaction was in having a
very valuable Fifth avenue block, which
had been exempt from taxation because
devoted to charitable purposes, placed on
the list Of big tax yielding properties.
Tho same results are expected TO follow
the grants to the Orphan Home and Asy-
ium Of the Episcopal Church and to the
Nursery and Child's Hospital Of the city
properties which were leased to those in
stitutions for 81 a year. The lease to the
Episcopal institution was renewed in 1902
for twenty-one years. This city site IL at
Lexington avenue and Forty-ninth street.
The site Of the Nursery and Child's Hos
pital. at Lexington avenue and Fifty-frst
street. was leased to that institution by the
city in 1895, the lease to run as long as the
property should be used for a nursery
There are seven other parcels Of city
property now held on long term leases by
charitable organizations. The full list Of
thess institutions including those that have
secured or are about to secure grants in
fee simple as a preliminary to selling and
moving and those that will remain on the
old sites, is as follows.
Orphan Home and ASYLUM OF the Profess
tant Episcopal Church, az Lexington avenue
emu 70, ~, =, ,,,,o q, 10 90 o'''''
suunre ,re', ~,,,,,.a Ii, ~
ton avenue ana fii'y-nrs' N,ee': AREA Of
Association for Improvement Of Deaf
Mut-s. nj Lexington avenue and Sixty
seventh street. area of site 81 900 square
feet, exempt value $500 ooo
New York Founding Asylum, at Lexington
evenuc md 81 xty-eiehth street. area OF site
s. roo .ou are feet. eSemut value sp,0. 600
Habncrnnnn HospitaI, at Park avenue and
s;iy,y-s.yonth street are, of site Is. 600 square
Co, .x.mnt ralue sgn GOO
Cn.ni, tyome in IN, si,tv.six,h s.,ss,
I.,ina,nn ayonuo area or si,a a. COO
ssM - ,snt on xo,uo 600 ,oo '''' '''''"
souA,e ier,, -Aep 49, $1,000 m,
LADIES rome ooe,c', OF we pap''s' ,nurcn'
IN East SiA'y.eth'h street near lexington
avenue, area oil ste so'V" square iee'' exempt
value $50 600
German HOSPITAL NJ East sev"ntr-sevenfh
street. Park and lexington avenues. area
oil sue nnoeh nheI rh''sp. adus s'V Vi's,
81, ara ri sS, .t,st sttest sro, ~ st;a
,,rIetern,ined eyer,tu value ssi, oco " N
The ,otal exenpt value of The sit., NJ
,hesa institut ions is ~ $40 go
All - these leases e.cept the renexad
All OIL .mes. i' , ime r ,S,ne~eI
nrnban ksv,,I and Thai ~ the Snrs,.rv
and 1,hi,ds HosnitaI ara for ni,etv-pins
x ,sa and most ~ them were given IN is5o
irhos,, ~ the German Hosp,ta1 and The 81
u In .;u AL Schon lpara . .a,,,,rsd IN
- 80
Tho Ca,hoYc industrial, School. which mr.
o,,r;ss one Of The mos, vah,abje sites in
u ,,u.r Wad;son ayan,,e had i,s Iss go
Spapnsd 80 . or,n, In Ia, s;nnnIa abau, ~
"ahs 40, anS x';Jl nroha hiv he mor.d 90
Az a. - saon a /, 90 ~, he nr,r.,,,v
;,a1 80 q, 90, s.b, 10 tLn ci,y
sin M, " ,,;sIa,,,,. - calia, ~, q, ,.s.
I'm a., n. h..nne, - incsi ;ns,I,,-
~ ~, ,o 49, -. -, 4; ,,-n,,,sit,,,
IL, 10. ina,,,n,in, hsnef,ad m,,s, d;s,ss"a
ny w" ,.,-, ra1,aiy.J Sr1,n, 'Jo 81, % ~
~ ~, ~. ~ 1890 "a liz lie fnr ~ az
Us ~. -. si,e VIZ W. VIC f'
a.. r M oh;oo,io, .i,ho, =,
.,i.nr ~ ,bo agty Hail 70 ,hcse sra,,s
"a ,5.,a a. No., il..I,, to he any haca,,..
a'J ~ ,,,,ans ,h., am. ;ns,i,,,,ian 4
y, III -, a m,ora .,S,ahi., inca,inn 81
u. $50. adai,ion - ~ IT, naaio 70 81" re
.','t,ia a..s..,,'. ss',,, 49, an al ..,.,a
Pepp tn, -. neo,,nsnd by'b. ninn ins,i,'',,o.
l., ~, IL 49,, nv, 800 ~ W; .,inaI,~ ns,, -,
" Wv n,.,,,,.,, 10. NIT H. H. ,,,...a
,h,,,,.i, re nnn..n char,., ~ ,ssa e.,
,.n.sis ~" ,,..n,,,st..a IL, go az, x,ld.,.
So "a M.nha,,.n si,yac,iya 90 naI.,,y
,'', a.. .s',i.,,., '''
"ur VIZ s1 IA. co,,n,r,ll.,.. on.
VT ro'S ~ ins y oinpiio' ,r ""hse'
,n,v A.. ,,aars ba. L,.,,' ,bc am -, al
,,'',i,,,,i',,. rsc.i,in. ,S,,I,c sid said ,saI
,ordsy.