ASTOR MILLIONS.

Stratford Evening Post, Volume XXXII, Issue 3, 13 December 1911, Page 8

ASTOR MILLIONS.

Thirty million pounds, according to figures gleaned from’ the New York taxbooks, represent (says the correspondent of tlio “Daily Mail”) tire total value of land and buildings on Manhattan Island owned by the Astor family. The assessed valuation of the As'.or property in New York, which is approximately 60 per cent of the marketable value, 1 amount to £21,591, 860, and of this immense total the sin re of Mr. William Waldorf Astor, wh ) lives in England, represents an assessed value of £10,058,000. Colonel Joan JacolAAtrtor'a’cousin, pays taxes on £3,210,560, while the estimate of his father the late Mr. William Astor, is assessed at £3,293,300. According to a list prepared under the-super-vision of the Tax Commissioner (Mr Lawson S. Purdy) the Astor estate unbraces 700 parcels of' land! in all parfs-c-f Manhattan Island. In Fifth A von ,ie and Broadway .the ■ most valuable plots belong to the Asters. Tho Waldorf-Astoria Hotel is assessed at-Waldorf-Astoria Hotel is alone asses sad at more than £2,600,000, and of this the share of'Mr. Waldorf Astor jnn., is computed at £1,070,000. In the poorer districts of New York the tenants of entire, streets pay weekly tribute to the Astor Estate, the coffers of which are enriched by the rents of dozens of the most pretentions apart-ment-houses on the west side. A fortune of £1,000,000, left sixty-three years ago by. the founder of the Astor fortune, has thus increased more than sevenfold in the value of the 'Manhattan realty holdings alone.' The taxbooks show -instances of plots of land which .were ■ purchased by the first John Jacob Astor for £4OOO and which have grown ,to beI’assessed 1 ’assessed in 1911 as being of the value of £1,600,000.