Show NEW YORK THE GAINER W W and J J astor buntinx race to build philaea hotel new york barcli 18 william waldorf and john J astor have locked borna over which shall own tho finest hotel in new york city and aa a result the property in the neighborhood of the hotel haa increased greatly in value john J aster purchased the adjoining and to the north of tho waldorf and announced that lie would build thara a that would be feet deeper several higher and in every way mow magnificent than alio waldorf lait night it became known that tho amenta of william batdorf actor had purchased several of property adjoining the wal orf on thirty third street and that they had been trying to 1 ancs on the lioumes liou ees in some instances it la eaid that the prices offered were startling only two hougee have yet been purchased it is william waldorf astore intention to build an to the waldorf and to make it oven finer and larger than the projected hotel of john jacob money ie no consideration and hie only desire ie to be able to have the new waldorf in perfect condition at the same tifft that john jacob astore new hotel is opened to the public |