Rensselaer Journal, Volume 11, Number 25, Rensselaer, Jasper County, 28 November 1901 — COSTLY HAY FIELD. [ARTICLE]

COSTLY HAY FIELD.

la la New York City, and la Worth •1,000,000 an Acre. This year’s abundant hay crop filled with rejoicing the hearts of Fifth and Madison avenue residents in the exclusive neighborhood of the 70s, New York. The hay field of this section is on a one and a half acre plot, valued at $1,000,000 per acre. It yielded a particularly good crop, and hay Is

high this year. The owners look forward to getting all of $22 a ton for the hay. This is said to be the most valuable hay field in the country. It is part of the Lenox library property. It can be improved only for library purposes, and, consequently, has been left as a field, as the library building is sufficiently large for present requirements. It has 200 feet frontage on Madison avenue, 800 feet frontage on Seventieth street, and 300 feet frontage on Seventy-first street. The Lenox library and its yard occupy the Fifth avenue frontage. The hay field is particularly valuable, real estate men say, because it is one unbroken plot and occupies an entire block, with the exception of the library building. Twen-ty-five foot lots the same distance from Fifth avenue have recently brought SBO,OOO apiece. The plot would make twenty-four 25-foot lots. It Is in a neighborhood of fine houses. In the immediate vicinity are the houses of Joseph Eastman, G. H. Benedict, Charles Weisman, Henry O. Havemeyer, H. A. C. Taylor, Richard M. Hoe, E. P. Swenson and Adolph Hlrsch. St. James’ Protestant Episcopal church is on an opposite corner, and the Presbyterian hospital just across Madison avenue. From the ward windows the patients have been gazing eagerly ever Biuce the harvesting began. To them the hay field was long the most entertaining feature of the neighborhood.