New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-03
DOWNTOWN NEW YORK.
lis Many AdUantages as q Business
Centre.

IRE future a downtown New York q bud-
centre h secure its advantages
zzzy and wetEhty that nothing be expected
b ofset and overcome them There is no hkeli-
hssd that anything VII ever disturb the
pErulacy II the region south Of Chambers street
the real h>aTt az the business and public life
q the metropolis. unless IL should be such
catastrophe as those which befen San Francisco,
Valparaiso and Kingston within the last twelve
months And even should an earthquake shatter
Hs lofty structures OF This metropolis. which the
Eost eminent scientists agree Is IN all human
probabIity the most unlikely thing which could
eerur, the real values CT the lower end Of Man
k&ttaa Island wUuld not be destroyed ana the
world would see an example OF the spirit OF man
E<dnE superior 70 the calamities OF nature which
psUId put % shame the energy and enthusiasm
EzsEn ~ the citizens Chicago after their great
Ee- these OF San Francisco after their earth
gal and the flames which followed the shock
With the enlargement Of the municipal bound
s-1es q New York BY the addition OF four Dor
szghs TO the one which Manhattan Island forms
&c region thts end OF that tract Of land became
SAe geographical well the business centre OF
MS metropolis Of the Western World A farm
A&s been defined az a tract Of land entirely covered
witt mortgages II would be incorrect TO describe
Maintain Island as tract Of land entirely COW
- 80 49, Ssral street now ie which Tnads
a. n5 % the teTtory between it and the Bat
sa5ce tie Custom House the city Hail the court
koUse he Ha1 Of Records and IN the public
SIC q tke municipality IN this part OF the city,
z future Is secure, and movement away from
Tll ever secure permanence-
wei known business IN speaking OF the
re- which the chief city interests centre said:
WI I Was asked few years ago in regard 10
the .E.-tOEn part OF New York l said emphatical-
p J.at ] believed they would be stable, and that
III movement would be in the nature Of
GnC steady advance. Too many interests are al
re- sstablished the present financial and bust
hes -.su~Cts ~ the vicinity Of the Postofce and
ct public buildings to allow Of the growth OF
sI9-er centre IN any other part OF the metropolis
lin -HaU Tly opinion has been strengthened, the
.--Et1u Of the subway has made the downtown
ere Of facilities OF travel over the Brooklyn
Br--e VII bring the great and growing population
81 thar borough closer than ever 10 this heart OF
EeW ICTE. The completion OF the facilities Of
uaF-l under the North River from Jersey CITY,
Ne * and the adjacent places, 70 the station at
ca. and fLJFtlaodt streets, VIII bring another
ETvzr -rulIatlon IN close touch with the
S1ce srr-ctures is the fine twenty three-stoTy fire
pro- 30 zee for the West Street Improvement
Conn., close 10 the North River waterfront
West street. between Cedar and Albany
E-ee-=. and close 70 the COrtlandt street and LIB
81 street ferries TIE building IS being erected
nr Tia Vest Street Improvement Company, OF
VIZ Howard Carroll Is president II faces the
rver. between which and the new building no
Er-c--re the piers be more than two stories
Er-et Is to De Wfdened 10 80 feet by the addition
81 the marginal street. and IN the rear there
= 2 large open court, securing direct light ana
ventilation h5ch construction adjoining can
G. OF The building Is OF hreproof construction,
and the most approved methods have been fob