Democratic Sentinel, Volume 17, Number 48, Rensselaer, Jasper County, 15 December 1893 — New York City’s Wealth. [ARTICLE]

New York City’s Wealth.

The wealth of New York City, as a corporation, amounts to the enormous sum of $559,000,000. It is thus distributed: Central Park, $200,000,000; fifty other parks, $50,000,000; Croton aqueduct,s2oo,ooo,ooo; public markets, $20,000,000; city lots not in public use, $8,000,000; docks and piers, $30,000,000; police stations and land, $5,000,000; schools, $15,000,000; fire department, $5,000,000; courts, prisons, and islands, $20,000,000; water lots, $3,000,000: armories, $3,000,000. Since 1871 the city’s property has more than doubled in valuation, being then $277,000,000.