Rensselaer Journal, Volume 11, Number 5, Rensselaer, Jasper County, 11 July 1901 — Boston Philanthropists Plan. [ARTICLE+ILLUSTRATION]
Boston Philanthropists Plan .
Edwin Ginn, a prominent real es- I tate owner of Boston, will try an |
original experiment In tenement houses next spring. He proposes to build several large fireproof structures in the West End, which will replace the dingy, unsafe, and unhealthful habitations which are now used by the working classes In that part of the city. Mr. Ginn made a careful investigation of the facts before he decided to make his experiment. He visited the people living in the tenement dls tr i c,ts, counseled them as to the kind of houses they would most desire for the rents they could afford to pay, and then had his architects arrange plans accordingly. Mr.
Ginn says that at the present time a man with sl6 a month to spend for rent could not secure a place fit to live in. His new houses will be marvels of
comfort, light, and luxury compared with the old style now in vogue, and
tho rents, if anything, will be lower. It is estimated that from 7 to 10 per cent Interest will be cleared on these improved tenements.
