New-York tribune., 1911-04-23
GIANTS SURE OF A HOME
Take Polo Grounds on 25 Years
Lease and Plan Fine Stadium.
STRUCTURE TO COST $500,000
Work Will Be Started Right
Away, and It Will Be Partly
Completed in June.

with a new lease Of twenty-five years
for the Polo Grounds-which was slgneo
vesterday-tucked away, the owners or 'ne
New York Giants are now prepared 10 con
struc+ the greatest and best baseball park
IN the country The lease taken last year
has still nine years to run. and TINS
oour1ed with the renewal made yesterday.
assures the famous old field for the use ol
the Giants for the next thirty-four years
Sucn being the case. the club is now
ready 10 build a steel and concrete staoium
with a capacity OF fifty thousand persons
80 not more. at a cost Of $50000D The way
was made clear for the expenditure OF TINS
GREAT sum AT a meeting OF the principals
held Yesterday In the Office Of Anderson x
Anderson. OF No Il Broad street. John J.
Whalen. treasurer Of the Giants. acted for
tho club while James J. Coogan, repre-
sented his wife. who owns the properly
Formal announcement Of the transaction
will be made as soon as the directors oi
the club meet.
Since the fire which wiped out he grand
Stand more than a week ago, nothing has
be.n done in the way of clearing up the
ruins and starting the reconstruction. soon
after tne fire II was unOfficiaily stated ~
,he Buildings Department that the owners
Of the club would not he allowed to buiid
wooden stands again While the law placed
the matter al the discretion Of the Superir-
tendent Of Buildings. it was felt that me
danger Of o conflagraion while the Polo
Grounds was crowded with spectators was
too great 10 run any chances whatsoever
AS a matter Of fact. a sigh Of relief went
up from numerous city officials when the
IL
of life and was out Of the way.
Realizing that they would only he per-
rr,itted 10 construct a hreproof Srandstand
The owners Of the club did not desire 30
build without firm hold on the property.
While q concrete stadium would pay Tor
Itself even in the short space Of nine years
the outlay cf money was almost too great
20 he considered with only a short term
lease
Before ANYTHING was done in the way of
clearing NJ the ruins negotiations were AZ
once opened with Mr.. Coogan in an effort
either 10 buy the property outright or 10
take long lease The results Of weeks
conference came TO a head yesterday with
The signing Of a twenty-fve-year lease
with the privilege Of renewal at the ena
NJ that time. The Coogans did everything
POSSIBLE
and a new park. and all questions were
satisfactorily settled No announcement
was made as TO the yearly rental whicn
the club will he compelled TO pay but II IS
known 10 be large.
Hardly had the ruins got cold betole
builders Of baseball stadiums all over the
country wero figuring on plans TO be SUD-
,rjtted Several sets have already neen
considered by the directors. and early TINS
week a selection VIII be made so 'hS'
work on the reconstruction can begin at
once The flames swept through so clesny
that II will be only a matter Of fe"
dave 10 clear M the ruins. Workmen VIII
start 70 do this tomorrow. and ny the
end Il the week II is expected that the
new erandstand will be well under way.
II has been definitely decided by the
directors 70 build a tremendous double
decker concrete and steel grandstano
rivslling Shibe Park. Forbes Field and the
lew home Of the White SoX. Only half OF
the work will be done this season II iS
understood that the old wooden bleachers
VIII remain standing temporarily Next
winter the bleachers will he torn down and
the stadium completed with freproof
material
Among the architects who have sub
uitted plans is the firm Of James Foster &
60. Of Cincinnati which built part Of tho
Polo Grounds and reconstructed the home
of the Washington Senators in three
weeks II is said that the new grandstand
will be ready for the reception OF the
Giants when they return from the first
Western trip on June 2S The games dur
ing the month Of May when the Western
clubs are entertained here viii be played
~ American League Park.