ASTOR MILLIONS.

Dominion, Volume 5, Issue 1299, 30 November 1911, Page 4

ASTOR MILLIONS.

SEVENFOLD INCEEASB IN 63 TEARS. Thirty million pounds, according to figures gleaned from tho New York taxboats, represent the total value of land and buildings on Manhattan Island owned by tho Aster family. The assessed valuation of the Astor property in New "i ork, which is approximately ,60 per cent, .of the marketable value, amounts to .£21,591,860, and of this immense total the share of Mr. William Waldorf Ast.or, who lives in Ensland, represents an assessed value of .£10,058,000. Colonel John Jacob Astor, a, cousin, pays taxes on ;£8,2-101560, while the'estate of his father, t.lio la.te Mr. William Astor, is assessed at ,£3,293,300. According to a list nrepared under tho supervision of the Tax"Commissioner,-'Mr. Lawson S. Purely, the Astor estate embraces 700 parcels of land in all parts of Manhattan Island. Id Fifth Aveiiue and Broadway the most valuable plots belon" to the Asters.. The Waldorf-Astoria. Hotel is alone assessed at more than X2,G00,f100, and of this the share of Mr. Waldorf Astor, jnn., is computed at .£1,070,000.'. In tho pooper districts of New York .the tenants of entire streets pay wceklv tribute to- the Astor estate, the coffers of which arc enriched by the rents of dozens of tho most pretentious anartmcnt houses on the West side. A fortune of .ft,000,000 lelt si-dy-lhree ye,us ago by the founder of the Aster fortune 'has thus increased morn than sevenfold in tho value yl the Manhallan realty holdings alone. The (ax-books show instances of plots of lauds which wero purchased .by the lirst John Jacob Astor for <£4000, and which itave grown to bo assessed in :l!)lt as being of the value of .£1,600,000.