New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-10
Continued from page 1

business artery of the town, the average
range of prices is between $500 and $500
front foot.
Stores rent from $50 TO 500 month.
and there IS only one store on the main
business thoroughfare to lease at the
present time.
Fortunes have been made by shrewd
investors in tho business heart OF Hemp
stead in recent years. One site that
could have been bought ten years ago for
$4,000 has since been sold a number OF
times at big advance over the previous
figure. The $1,000 parcel cannot be
bought to-day for SlOo 900. Many persons
expressed deep sympathy for the poor
buyer when they heard that the property
had changed hands for $4,000 Another
site In the businessheart of the town was
bought not long ago, and the buyer dis
nosed Of one-third Of the parcel soon after
the contract was signed at what he paid
for the entire property. The remaining
two-thirds OF the parcel is now considered
by experts TO be worth twice as much
as tho sum paid for the entire site.
For wears Hampstead has been widely
known as the country place Of many per-
sons prominent in business and social
circles OF New York.
Some Of the residents are August Bel
mont. oliver W. Bird, A. Butler Duncan,
w. S. Hofstra, Mrs. c. r. Scott, Mrs. II.
Van Rensselaer, Kennedy and many other
persons.
One Of the choicest residential streets
in the village is Fulton ST., another is
Greenwich ST. and others are Washington
st. Hilton ave. and Cathedral ave. Full
ton st. runs east and west and is viz
tually a continuation of Fulton St,
Brooklyn. This broad highway runs TO
the most eastern part OF the Island.
Cathedral ave. is the picturesque public
highway extending from Hampstead to
Garden City. These big broad highways
afford the owners Of automobiles and car
riages the desired avenues for enjoying
themselves TO their hearts content. More
inviting public roads for autos would be
hard TO find This is one of the reasons
why large numbers of residents Of Hemp
stead travel TO and from the city in pleas
ant weather in their machines.
Within a short distance Of the heart Ct
Hempstead are a number Of famous
sporting clubs, and these clubs add TO the
nonularity Of Hampstead as a place Of
residence TO many persons.
Within the last five years many large
buildings have been erected In the town.
Among the modern structures of large
size are: The Masonic Temple. in Fulton
g, near the station, the new village
l,,1ding. the Utowanna Hotel the post
,fice. the Agnew Building. the Hemp
stead Bank and the Parish Club.
The Masonic Temple cost about $1,000.
"a. NOW village building between $4,000
and $4,000. the Utowanna Hotel about
$40 600 the Agnew Building between $1,000
and so Ooo and the palatial home OF the
Hompstead Bank over $4,000.
Abort $50 to 200 dwelling houses are
NOW erected each year In Hampstead. An
idea of the rapid growth of the town
may be had from the fact that IN 1900
there were about 5000 persons in the
town: the present estimated population
within the village limits is 6.ooo. and from
. 500 To 5000 persons outside the corporate
limits.
Fioyd Weeks is the president OF the
village. and under his able direction the
affairs OF the town have been efficiently
managed.