THE HEATH ESTATE AND THE CITY COUNCIL.
Sir -I ''nofitb that the City 'Council'are worrying themselves over the purchaso of thoiiHeath "Estate in Manners l Street '» lt is iwell-known<that several shrewd specu•latorft refused to purchase the whole of this 'estate, including land'in Manners Street, 01d„Custojahou?e Street, and Mercer >Street i forlthe sum pf £95,000, which was the sum grveYby the syndicate that secured it THo shrewd people who refused to purchase , - weighed "very fully the pros and cons to the estate, and it only showed on tho rentals /, according to the leases (some of which are very long) a very small return. They therefore passed this huge bargain. Tho picsont owners then came on tho scone, and, after havin'g sold all they can, try and foroo it . on the city,'f(ns about £140,000, Whore do the ; Ratepayers como in? Why should they can-y 1 the load? , Surely the city haspaid i heavily enough 'in tiro purchase of the electric light workß at £150,000 (jnst double the Talue), also with tho Byko cdrby tho rotten tram instalment, whicll cost double of what it should have ' done) then why should we suffer further , ' losst* Wilba Street is wide enough for rwhat' traffic' there is at the present tirno People are,not<ijostliiig each other as they 'wereia year ago. Poverty 1 Shafia] aro emptying every day, ißents^^i , going down, anu so aro tho holds. , ' ■• '■ What I 3b thjnlr is, necessary at the pr<*, sent'time is-for tho council to resuriosthe , Goodall ahoVLyoh's l Cafe leases (the .council ownß * the freeholds), and Duthie's block, -. which' would widen Willis Street up to Mercer, Street ( This would relieve the congestion of traffic, and if the council wero to only "light up Victoria" Street properly, instead df it /being a dark thorougtifare, as it is at present, tho overflow of traffic would ' naturally go that way, and thence.' into Lower Cuba Street, but, alas, the. specu--1 lators and boomsters are worrying' *' thfyr souls out to save the half-fed pedestrian from being jostled, and, at tho same the speculator is jostling the council, on- 1 deavounng to get rid of his "bargam<'' —I am, etc , -r EICHAED H. MUftRAY. - July 10.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19090717.2.86.2
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 2, Issue 562, 17 July 1909, Page 10
Word count
Tapeke kupu
360THE HEATH ESTATE AND THE CITY COUNCIL. Dominion, Volume 2, Issue 562, 17 July 1909, Page 10
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.