New-York tribune., 1903-02-05
CENTR4L'S BIG PL4NS.
Il Miniature City to Go up Under q
Single Roof
CONNECTION WITH p. r. r. PLANNED

CONNECTION WITH p. n. r. PlANNEo'
The plans OF the New-York Central for the
Improvement and enlargement OF the ofaho
Central terminal. outlined In the company
communication to- the Board OF Estimate are "
be on such an elaborate and stupendous scale
that a definite decision at this time as 20 just
what will be done 4. Impossible. The plans sub
rntted to the Board Of Estimate, outside OF pIo-
viding for change from steam to electricity as
a motive power, the construction or the farA-
ave viaduct the abolition of grade crossings
the track plans and the subway loop. are tehta-
tive The schemes for the construction VI
hotel a theatre and possibly big deparliiie"'
store as an annex TO the station. are an III t"e
air as vet. The situation is simply that the
Central has invested large sum OF nloheS !"
property lying between, its tracks ana Nlaulsoh
ave- and something is TO be done Win u -
make II return a fair rate Of interest upon tne
money invested. AS result hotel d tne0'ie'
a department store and other enterprises are
-oiected and will probably be worked out
definitely later on.
II is assured that there will be a track con-
nection with the subway and tranc ar
n1ent with the underground road'
trains upon the suburban lines VIII oe
directly upon the subway tracks ana run 80
town There is also TO be tunhei co'l..r ..
With the Pennsvlvania's new terminal III li'ir''
urth hist which
trains directly down to the Pennsylvania s'atiOi.
80 o;+ob onto PENNSYLVANIA tracks Inls' II
- t,o,,,,b+ will facilitate wonderfully NeW-kHs
laNd traffic. oioan-
The n1ans OF the Central are on such d sisai4
tic scale that when the improvements 0N
Grand Central are completed the ne" S'"'ioI- -.
equal if it does not surpass' III size .,
and facilities the Pennsylvahl4 'ei
which ND to the present. has oeeh
ss nrospectively the greatest railway leii''ii'
in the world The New-1ork central au'li ~
recently an issue of s5o'V"'Voo -
stock The sale of this stock, which up 10 tne
o,+ +ir,. bss been only partially issued
viii he utilized to pay for these 1mproveIi4en.s
The Central has under conslderaMtont M ~ .NI E-ortv
chase of the entire block . pounuet t,iE5 s+ and
second-st Vanderbilt-ave., rory t-o 90
Tadison-aye In the event Of the purchase VI
This block and it is said TO be mercy a qu p
tion of obtaining it upon a fair OASIS tnS III
troI will either own or have under option dll
the property bounded by Forty -secohu-st5, ;t @
the south. the Grand Central Station ana 10 a.s
yards on the east, Madison-aVe. on '
and Forty-seventh-st. on the nortn: I'll, ba
Whether the Grand Central Stauoh 1HzaS VIZ
torn down and new station ouIII y ~ nJ5i
II will probably be reconstructeu anu 'iiC -,
tions required built on. The New-fork CenIIa. C.
and it's affiliated lines are now oauiy cIaIlIp Io
for Office room even win tne Warr of its
r1ent OF the Grand Central station. MANY Vi E9 "a
executive offices are now in buildings III I,. an
near Forty -second-5t. II the new DuilulIis9
ar %.
off1ca room, for ALI of the companys ofnces-
Furthermore many Offices such as those OF tne
Lake Shore the Michigan Central, the big roui,
the Nickel Plate and subsidiary lineS' no" III
Western cities. may be brought here ana tne
offices consolidated and centralized IN New
York so that the executive offices ,iI VII an ue
here under one roof and closely animated IN
stead Of being widely separated, as is now the
e..
The tentative plan Of the Central provides for
the construction of a huge building on the
blocks between ~Forty-third- st and fortS-seE
enth-st and between Madison-ave- and VanIer-
biIt-ave In case such a building Is constructeu;
Vanderbilt-ave. will be made an arcade, as VIII
the cross streets. and the street cars can run
through This building rather a series OF
united buildings will be given over to stores.
offices. and probably a hotel tneatre anu anu
other enterprises Thus the Grand Central will
have an entrance from Madison ave as well as
from Vanderbt-ave. and the cross streets up
% Fortv.seventh-st 1t is believed that the
hotel. theatre. department store and other en-
terprises attached to the Grand Central Station
by passageways viii prove 10 oe attractive anu
reu1uneratiVe the extreme.