The sun., 1916-01-23

Tho gigantic proportions Of the Grand
Central Improvement have so held the
attention and admiration of public
used to great and sensational UNDER
takugs that a second bis development
work 10y the New York Central but of "a
nature far different from the building
Of "a great terminal. has been largely
overlooked. The rsilrrad has gone into
the building business. literally speaking.
and l. building hotels. apartment houses,
clubs commercial structures. exhibition
halls and recreation buildings on its
realty surrounding the big station.
with the backing of New York Central
money builders have been led into the
blocks to the north and east and west
of IN" Grand central to build income
paying structures on railroad property.
which the company could not do 10y the
lmitatip ions put ON it, activities by law.
Though Tom. bick aud Harry are neu-
TONED as the builders, W ~. Newman.
former pre- sdeut of the New York CEN
tral, aud other officers of the railroad
are the masters behind the plan Of
creating one of the most remarkable
buildiug colonies IN the entire country.
With the sam" attention to details
which has characterized IN. great work
OF the New York central the plan for
utilizing the surface uf the land near
the station was long ago worked out
To the west structures which have to do
with the social side of life have been
encouraged and promoted, 10 the east
commercial operations have been
launched. and to the north residential
improvements have been fost"red. win
each group harmouizing with the other
aud IN turu with the Grand central
Station. which ~ to dominate The entire
development, this spread ~ homes,
hotels clubs and commercial and anuse-
mcut structures will be model city
in itself and distinct from anything
ever attempted in III. United States.
though care VIII be exercised ia pre-
vent that painful saneness which might
creep into a development controlled by
q few individuals.
\ total close to $40. .oo0.o0o has been
spent ar appropriated for the sixteen
BUILDINGS Of various types ANA uses
which have been erected or projected up
20 the present. Projects for every block
not already taken are under cousd"ra
ton and any day news Of additional
apartment houses, clunS. commercial
buildings or hotels may be expected. II
would be no surprise If the Mctrupolitan
OPERA House directors were tO take a
location there. for such II step has been
runorcd more than once. The academy
cietics have been reported from time To
time to bc seeking locations IN the New
York Central colony, whiCh one can
easily picture a few years hence aS a
zone which Will h" the boast of New
York.
At the corner of Lexington aV"nu"
and Forty -Sscuud street, the former site
OF the Hospital for til" l:uptur"d and
Crippled. a Tin" hotel. a counterpart of
Z an ,t1.. A., -il l,.
Of the station, viii Uc erected. This Is
no gossip. hut the word Of New York
Central official who knows what is and
what is not IN" plan Of his company re-
eardiug the extensive development Of the
surface of its mtny acres Of valuable
real estate. This hotel will not 80 NJ
for some time. since sub-Surlacc transit
work Is now IN progress At that corner
and Will ho under way for some time
The suburban loop. which will swing un-
der the Fillmore Hotel will continue ON
under this hotel, making stuuS at both
hostclrios for ia" convenience of pas
scngcrs and those who operate the i:ilt-
more aud win operate the Lexington
avenue structurc,
i'esidrs these two other hotels, but
Of the apartment house kind, have been
projected. Use will be found for every
block not needed for railroad purposes
within the next two years. Indeed the
completion Of the development Of the
compauy's realty IL expected within
three years at the very most, accepting
Information which Is credited to have
come from W. II Newman himself.
Details of new projects which hav.
not gone far beyond tn" precincts of Mr..
Newrnan's office, on tne third fioor Of the
cpmpany's office hujldiu:, from which he
can survey the long stretch OF property
20 north, include, 1t WAS said, Two fine