SLUM DEMOLITION
OFFER BY A NEW YORKER A HUNDRED MILLION DOLLARS PLANS PRESENTED TO MAYOR (By Electric Telegraph—Copyright.) (Australian & N.Z Gable Association.) NEW YORK, 13th Oct. August Ueckscher, capitalist and philanthropist, presented (ha Mayor, Mr Walker, with plans for the demolition of New York's lower east side, which is the most famous slum in the world, replacing it at a cost of hundreds of millions of dollars. It, is understood that Ueckscher is willing to donate a hundred million dollars of his private fortune toward the undertaking, lie, 'proposes: (]) That, modern apartment buildings, parlks, (fountains ••and ttrec-Jinjed avenues replace the present congested tenement district; (2) that 500 of New York's wealthiest men promise a contribution of .100,000 dollars each for five years, such 250.000,000 dollars to form the nucleus of the investment necessary; (3) that the State and city expend equal amounts towards the plan; (4) that the present dwellers be rehoused by the city temporarily while their homes are being rebuilt; (5) that rents in the new district be dependent upon the paying capacity of tenants.
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Bibliographic details
Nelson Evening Mail, Volume LXI, 15 October 1926, Page 2
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177SLUM DEMOLITION Nelson Evening Mail, Volume LXI, 15 October 1926, Page 2
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