The sun. [volume] (New York [N.Y.]) 1916-1920, 1917-10-02
Manhattan Values "COme
Back" With a Boost
of $lO,216,87O.
ZONING LAW : HELPS
Rockefeller Heads List
With S5,OOO.OOO, Replacing
Hetty Green Heirs.
ALL BOROUGHS INCREASE
About $21. 100000 Represents
Net Gain in Land Values
1891 New Buildings.

Everybody who knows anything about
real estate said three years ago, when
The Germans crossed into Belgium on
their invasion OF France, that IL the war
lasted long enough its effect would bs
'elt In New York In much higher Drop
sty values. Some other people said
about that time that when the great
dual subway system was completed IL
would cause big advance in real estate
assessments throughout the city. One
Of those opinions must have been right,
FOR when the tax books were opened in
me Municipal Building yesterday It was
iouni that New York realty had gained
' . whole lot OF value-Sl37.369.75s over
last year. to be exact. But that gain
applies only to its land and buildings.
The tax assessors also had figured that
because OF the war or subways or some
ming the people OF New York had
more personal property than they had
year ago to the extent of ss7sss5.sso.
So they added that much more to the
PERSONAL property lists.
But that Is not all this great metropo-
lis has added to itself in the way of in
creased value during the last year. for
tho state Tax Department still has to he
heard from as regards special franchises
aid value of machinery in buildings
which will add about another $250.0Oo.-
eo0 to the total that can be charged I'D
N profits due to the war. the completion
o. slbways or some other great enter
Prise.
Atsudcrd OIL suDreme
one respec, yesterday opening OF
{ ~" oooNs was ratner a'sappoiu.
.n al ~, .aIN aooe ono c.eei
..I''',,n ~ -. pe.nie'n'n az NV Sen- ,
s,n,. a,', o,,,a,. ,,ot, pv ,,,sS,s,,, u.
~. So. S.us ~ 'H ,.,n u'A ap,e
81; ,.a, s.,,'..,,,-,. - -, se
.u.a ,,,,,, ,ho ra,,,.s -, ,,,,,,or,,oss Az
IN by the c'tys tax .leuths. But that is
,r.rr. ,o,. Iahn n pnn,st.,,or s heads W.
H.. n,,,b a. ooo ooo n, norson,I nron-
4 .,tv In ,,c, Ar pocle,eIIer has re-
rainei tho coveted Mac at tho ton Of
N. us, for las, vear hs was ds,hroned
bv tho son ana d,uybtnr of the late
Hs.,v c,Taon and ror ,rnr,ng mates in
tho s. 200 900 class he had Edward s.
and Mary W. Hardness. Now he is all
suno lnd so far ahead of any rival that
Edward $. Hardness with an assessment
% .27ao 600 is his nearest competitor
aol N1~v W. lIarkness has dropped to
Si.S Hon Tho Green heirs are Off the
IL entirely
Perhaps the most important feature
the entire tax report was the indi-
cation that Manhattan real estate has
como back" Last year when the rich.
snug little island showed net loss OF
$4,000 000 in its real estate assess
rent many people were ready to be-
love that its values had reached
limit and that there would be recessions
rather than gains thereafter. But such
calculations We're wrong. for the new
rolls show that old Manhattan is worth
sio,2Is.s70 more than it was last year.
aId there Is every indication that II will
h" worth whole lot more next year
whether the war goes ON or not.
.o,,o .nn
IN fact every borough came through
'pendidy this year. The Bronx
.s so,end,d record hv adding s4S, ,4es,.
''I 70 !t' value. In Queens the asses
,o' N',' \ G.ln "t VI .-VH.7 an" IN
"'"'"nN' S',''N,'l". '' All th's gam
my f"Iu' ~. .''"'"", 'eFr'sentS ne.
gam III iahd values Whlie' uesp'e oao
'lI,." mas heen addco throush new
ons,ru'Non rms represents o''Si
''.r'',PS III az 'n' norousns' :.
." Ln' as ''ah.ia',a" y eoncerneu u
". Ne'ne, .ne war or .ne
.,au.,,a ore " 'ne va
ds,rao,,.. .I,n,"s u'e ,ue ~ ap..
rp 49,. ,,a,'i Na' 60. ','e'u ~
rba y,,, ar,oir,,, h, 49,,
rhousarJs ~ nonrl. - ,ha c,,, ~ U,,.
and ,ra,.,o,, h,,in.. ,,',,s [ 80.
| T,.a '..'"eH" N"o "eNoi W.
Il cal1e.a an ,,r,raooa.,,a, aar,a,a ror
N Ming ,,l ,,.,,i,,,,,, S,,,,r,are an,,,ana
.o ere,. .h,. ne,r,,. go. ,.s,,.u.
200, NJ ron,''tJo s,,',oo y, ,,,,Iaa ~,
,el''nnle . Sphce - occupied az az
| .hiS c,,v in ,,,r, - ,1a, m, ,ha r,a /,
l,o T. hcld I,reciy onsih,o ,or n
,Icai slowing In m. h,,iid,ny inaust,,,
a. ,La- ,hern bas haan nnn,rarat;,,ai,. :.