Show VALUE OF NEW YORK REALTY immense sums pa d for tracts in de local t es leaving aside the vast valuations added to it by consolidation the acau mutations mu lations of property on manhattan island alone have been astound ng once sold in bulk for 24 the island now has a tax on real and per bonal of 2 its real estate values have risen prod g bously from the initial market quotation iain im mense sums have now to be paid for tracts in desiray e local t es as high as per square foot having been asked for sites in business sections making a price ot 1000 1 for a lot 25 by enormous fortunes have been built up by the increment of real estate values the most striking ex ample of these be ng the astor es tate founded on axtens ve purchases of land when the latter could be had for trifling sums like attracts like and so manhattan Is attracting to it makers of fortunes from all parts of the country no other city possesses so many millionaires as does new york and their presence pie sence here is no slight factor in the running up of property rights I 1 lesi lesl e s weekly |