The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-10-02
CROWDED GREELEY SQUARE
4 BRO am ~ INGIDENT IUPn,.
SINE THERE TENIL.tI;A 400.
Lutte Freauented InIn R~r~ntr 40
square q the ChIef frame 'rnir. n
the Town Remark abie Change ~ N.a
peaTanrc I s0.0OsD. OOO Hotel -.

The Inconsistencies uf tn" a,r. ..
New York crowd CAV" lot ~ tr..
to the traffic police on Monday of
week when workmrn hcRan d"'l..
"A lug electric sign stretching acr",- ...
roofs ~ a group Of antiquated huHu b.
at broadway from Thirty-thlrd 10 ~.
fourth street Most 81 the onl"...
saw IN the manpuvrrs II no" men ou ....
roof an unexplained and therefor" iu'.
astinR incident IN the every day h'.
"A big city Only few IN the thou~.t.U.
that went to make tho current 81 trsH
swirling about Greeley Squar" knew r.
very shortly the old fashioned str,Ic'4...,
and the comparatively modern on" %
the Thirty-third street corner will fuII.y
the sign and that within a year ar p,
a gigantic hotel will he IN operation ~
the site Of the half dozen miscelaneu.,,
buildings about To he demolished
The fact that a tTihing unexplained
incident was sufficient TO upset the traffic
about the square serves to recall tha
remarkable changes which have taken
place there IN the last ten years
decade ago there were not enough people
ordinarily in Broadway at Thirty-fourth
street to- give the thoroughfare even
The property at Thirty-third to Thirty
fourth street including the block front
and extending a considerable distance
IN the direction OF the Waldorf Astoria,
IL owned by the McAlpin estate. Almost
annually for a decade gossip had sold
thus property and improved Il with ons
sort Of building OF another. This June
the MCAlpins came to- an agreement with
the Greeley square Hotel Company,
which had Charles p. Taft a brother of hs
4 HArnwuteR nn..atAnr,N
Of the Thompson -Starrett Company. on
its list Of incSrpoTators. The McAlplns
also retained an interest and were repre-
eented IN the directorate. The new
corporation took lease Of the land Tor
twenty one years az approximately tSD.-
GU year. the land being valued At about
- .OOO,O0. The terms provide FOR four
renewals
The hotel project means a permanent
form Of Improvement for the last hut
three Of the available sites on the entlrs
square Ten years ago not one OF the
many tall structures overlooking the
square was m existence. All ths
three remaining sites have changed
should before long take on the up to date
Appea rance Of their neighbour.
On the east side the old broadway
Tabernacle at Thirty-fourh street. was
ten years ago one Of the local landmarks
IL changed ownership twice before "
was succeeded by the Marbridge Building
Engel- chop House, al Thirty -hfth II rect.
gave place to "A bank two ar three years
ago The Hotel Martinique has p"ked
through from Thirty-third street -
broadway and anoi her new siruCtur"
on the corner of Thirty-second street has
almost completed tn" undermining of
his bloCk The old Union Dune savings
Rank IL still there 10 represent the better
grade u commercial architecture "t
general ION ago
on he west side ~ tho square Macy
was r,'arrd ahout eight wears ago, when
the Pennsylvania tunnel and terminal
project was still ~ IT. infancy n"
Saks store followed soon after. IN"
scheme for the big GImbel store. from
Thirty ro Thirty-third street. took
definite form when the Pennsylvania
Railroad aud thu M"Adoo tunnel plans
made IL obVInu- that herr was developing
"A great trafiic cent ~ with limit less posi-
hilitie- for the retail merchant. Acr"s~
Thirt y--acond ~ rect another building
-cheTne - taking shape.
Up a. lhIrf y-htth - rect whore stands
he Herald SQUARE Hotel. "A syndicate In
hitch one 81 the ~huberts ~ interested
recently acquired the block front ant
mas a hIg building scheme IN view.
The Transformation that \ few years
have seen 80 this point II typical ~ what
has been going on throughout Manhattan
since the last United States census was
taken Creole" square. however, fur
niShs.~ CpnCr"t" example not quite par
alleled gnvwh"r' cl-s except perhaps ~
Long Acr" SJuar". Just how much this
small arr1 has contributed 10 the billion
dollars that went into rev construction
m this town during the last decade %
would 10 diffict.lt ~ Say. II j., however.
interesting u note thPt II furnishes
striking example VI the way New York
attracts outs side capital The promoters
II TN. Gtmhol and Sak- stores came here
from twu other bug ~i',es NJ the Union.
r gliSh capital bought the hank building
1T Thir'y--Hcund street And u j. only
~traInIng tho point = very little 20 refer in
tins CpnneCtiIn to IN" interests hack ~
IN" hig Pennsylvania terminal one block
further west
Meanwhile" tho substitution Of the Ri-
gantic hotel AZ Thrty-fourth street for
half a dozen buildings Il antiquated tyra
illustrates what - constantly taking
place IN New York and explains 10 some
extent how It happens that the large
amount of rpntnhln space annually pro-
duCed IN this city doeS not run hopales-lv
ahead ~ the demand for Il. In this cas-
one hank. perhaps two score business
concerns ~ various kinds and the tenants
81 a bachelor apartment house are turnei
out to hunt for other quarters. while the
proposed new structure will he devoted
10 "a single form pf enterprise.