New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-17

property and the block north Of it, the railroad
has bought about six blocks as a site for the new
Grand Central Station. Besides. it has owned
for years the block bounded by Forty seventh
and Forty-eighth SITS. and Park and Lexington
aVes.. which will form part Of that site.
What the railroad paid for the blocks It
bought yesterday could not be learned, but
there was a report that II paid considerably
more than 100000 for the Grand Central
Palace Mr. Golding declined either TO affirm
or deny the purchase He said he had nothing
so say for publication The one parcel in the
block bounded by Forty fourth and Forty-ffth
SITS, Depew Place and Lexington-ave. which the
railroad has not been able to buy. is No 116
East Forty-ffth-st, on which IS a dwelling
house.
Some Of the sellers of parcels in the blocks
sust sold are George Hilliard. ]. L Cornell. as
executor; Dr. Henry Deane. J. L. Martin
Boehm & Coon, J. Donnellv. H. Jaeger, Bev-
erly Robinson and the OReilly estate.
The largest building in the block bounded by
Fcrty-fourth and Forty-ffth sts Depew Place
and Lexington-ave. is the ORelly warehouse.
No 100 70 119 East Forty-fourth-st- Another
hig building In the same block is the seven
story dathouse Nos. 436 and 42S Lexington-ave.,
which was also Owned by the O'ReiIly estate.
The Grand Central Palace was built some
years ago. It contains an amusement hall and
q roof garden. Many of the biggest euchre
parties ever held for the benefit of charitable in
stituttons have been held there. Besides, many
professional and amateur theatrical perform
ances, balls and industrial and other exhibit
lions have been held within its walls
II is one Of the best known buildings on Man
haitian Island. A large part Of 1t has been
occupied for years by the freight accounts de-
partIent Of the New-York Central Railroad
and by a sub-postoffice.
- The railroad now owns east Of its track with
the exception of about one parcel. the blocks
bounded by Forty-third and Fiftieth SITS, Lex
.ngton and Park aves and Depew Place. De-
pew Place runs from Forty-second-st to Forty
Eeyenth-st
On January 16, 1902. the New-York Central
Railroad bought the Woman's Hospital prop
erty. comprising the block bounded by Forty
ninth and FIftieth SITS, Park and Lexington
aves- and the property of the Orphans Home
and Asylum Of the Protestant Episcopal Church
81 the block bounded by Forty-eighth and Forty
ninth SITS. Park and Lexington ayes. At the
same time the railroad also bought number
OF parcels on the west side Of Park-ave, be-
tween Forty-ninth and Fifty sixth SITS It is
understood that the parcels on the west side
OF Park-ave. may not be used IN carrying out
the proposed terminal station plans.
On the greater Grand Central Station site IS
70 be postoffice building. The government is
20 lease the building part Of 8 building on the
site suita bic for postal service for term Of
ninety-nine years
When the railroads plans for a greater Grand
Central Station were first made public there was
talk OF having the tracks Of the railroad and the
subway connected at Forty-second-st and
Fourth-ave. SO that trains Of the railroad could
be run through the subway. II could not he
learned last night II such a connection would he
mace. or course, only the electric trains OF the