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The Queensboro Branch of the Interborough sub-, Broadway), on Oct. 27; to 157th St. and Broadway. way system starts at 41st St. and Seventh Ave. on Nov, 12; to 145th St. and Lenox Ave., on Nov. (Times Square), and uses the Belmont tubes under 23; and over the Westchester Ave. branch, from the East River at 42d st. to Long Island City, 3rd Ave. to West Farms, on Nov. 26; through the to the Queensborough Bridge Plaza.

Harlem River tunnel, to 180th St., on July 10, There it splits into two elevated branches, one 1905. The extension south on Park Row to Fulton going through Ravenswood, on Second Ave., to St., was opened and operated in 1905, on Jan. 16; Ditmars Ave., Astoria; the other going on Queens to Wall St. on June 12; to Bowling Green, on July Boulevard (Greenpoint Ave.), to Roosevelt Ave., 10; to South Ferry, on July 10. The extension on to Willets Point Boulevard and thence to Main Broadway to 221st St. was operated on March 12, St., Flushing, to which service was extended on 1906; to 242nd St., and Broadway, on Aug. 1, 1908. January 21, 1928.

The trains south on Broadway were operated The Second Ave., Manhattan "L" trains oper- from Bowling Green, through the original East ate over the Astoria Branch and over the Flush- River tunnel. to Borough Hall, Brooklyn, on Jan. ing Branch to Willets Point Boulevard. The original subway, built by John B. McDonald

9, 1908; to Atlantic Ave., Brooklyn, on May 1, and financed by August Belmont and associates.

1908; to Utica Ave., via Eastern Parkway, Brookwas opened and operated in 1904 from the Brook

lyn, and to Flatbush and Nostrand Aves., Brooklyn Bridge to 145th St., and Broadway (via Park lyn, on Aug. 23, 1920; through service to New Lots Row, Elm and Centre Sts., 4th Ave., 42nd St., and Ave., on Oct. 31. 1924.

BMT (BROOKLYN-MANHATTAN TRANSIT) DIVISION Broadway Line extends from 95th St. and 4th to the Coney Island Terminal. Ave., Brooklyn, via 4th Ave., Flatbush Ave., Wil- The Sea Beach Line is a branch of the Broadway loughby St., Montague St., tunnel under the (BMT Line, leaving the main line at 59th St. and East River to Whitehall St., Manhattan, Trin- 4th Ave., Brooklyn, and thence to Avenue z, where ity Pl., Church St., Broadway 7th Ave., 59th St., it connects with the West End Line and terininates 5th Ave., 60th St., and via tunnel under East

at the Coney Island Terminal. River and Welfare Island to Queensboro Plaza sta

The Brighton Beach Line is a branch of the tion, Long Island City, where connections are made

Broadway (BMT) Line, leaving the main line

at DeKalb Ave. and Flatbush Ave. Extension, with the Astoria and Flushing "L" Lines, A

and thence via Flatbush Ave, to Prospect Park, branch of the Broadway (BMT) Line extends

and thence to Sheepshead Bay, to Brighton Beach, from the main line at Flatbush Ave. Extension

to Coney Island Terminal. and Willoughby St., via Flatbush Avenue Extension, Manhattan Bridge, and Canal St., Manhat

The Nassau St. Loop and Center St. Loop tan, to Broadway, and Canal St., where it again

extends from a connection with the Broadway connects with the main line described above.

(BMT) Line at the foot of Whitehall St. and The Culver Line is a branch of the Broadway

the East River, Manhattan, to the Williamsburg (BMT) Line branching off from the main line at

Bridge, connecting in Brooklyn with the Broadway 36th St. & 4th Ave., Brooklyn, and thence via

(BMT) "L" Line, which extends to 168th St., 38th St. and McDonald Ave. to the Terminal at

Jamaica Coney Island (at Stillwell and Suri Aves.).

The 14th St.-Canarsie Line extends from 14th The West End Line also branches off from the St. and 8th Ave., Manhattan, via 14th St. and main line of the Broadway (BMT) Line at 36th under the East River to North 7th St., Brooklyn, St. and 4th Ave., Brooklyn, and thence via 38th to Rockaway Parkway and 105th St., to Canarsie St., New Utrecht Ave., 86th St. and Stillwell Ave. Shore.

"L" LINES IN MANHATTAN, BRONX Second Ave. "L" starts at South Ferry, Battery Third Ave. "L" starts at Park Row (old ChatPark, runs north in Pearl St. and New Bowery to ham St.) and the Brooklyn Bridge, and runs on Chatham Square; to Division St.; to Allen St.; Park Row to the Bowery, at Chatham Square First Ave. to 23rd St.; to Second Ave., to 59th St.. where it bends into the Bowery; to Third Ave. to to the Queensborough Bridge, to Long Island City. 129th St., where it crosses the Harlem River and Queensborough Plaza Station, where the line di- north to 3rd Ave, and 145th St. to Botanical Garvides and operates part of its service over the dens, Bronx Park. North of Fordham Road the Flushing Line to Willets Pt. Blvd. Station and the Webster Ave. extension runs north via Webster Astoria Line to Ditmars Blvd. Station.

Ave. to Gun Hill Road, to the White Plains Ave. The 155th St.-Burnside Ave. shuttle operates subway extension. from the Polo Grounds Station at 155th St. over At 149th St., the "L" connects with the Interthe Harlem River Bridge, along 162nd St. to Je- borough subway elevated line that runs on Westrome Ave., thence along the Jerome-Lexington chester Ave., and operates over that line to Ave. elevated subway structure to 167th St.

Freeman Street.

"L" LINES IN BROOKLYN AND QUEENS The Fulton St. "L" Line extends from Rockaway The Brighton-Franklin Line extends via private Ave, and Fulton St, along Fulton St., Van Sinderen right-of-way from Fulton $t. and Franklin Ave., Ave., Pitkin Ave., Euclid Ave., and Liberty Ave.

where it connects with the Fulton St. Line (IND to Lefferts Boulevard (119th St.), Queens, At

Division) to Prospect Park, where it connects with Rockaway Ave. it connects with the Fulton St.

the Brighton Beach Line of the BMT Division. Subway, IND Division.

The Myrtle Ave. "L" Line extends from Brook- The Astoria Line extends from Queensboro Plaza lyn Bridge via Adams St. and Myrtle Ave. to Station, Long Island City, via 2d Ave., to Ditmars Wyckoff and Myrtle Aves., and thence via private Ave., Astoria. right-of-way to Metropolitan Ave., Queens.

The Flushing Line extends from Queensboro The Lexington Ave. "L" Line extends from Plaza Station, Long Island City, via Queen BouleBrooklyn Bridge via Adams St. (Brooklyn), Myrtle vard and Roosevelt Ave., to Main St., Flushing. Ave., Grand Ave. and Lexington Ave. to Broad- Broadway-Jamaica "L" described under Nassau way and Eastern Parkway.

St. Subway and Center St. Loop.

HUDSON AND MANHATTAN RAILROAD North tunnels under the Hudson River from Jer- South tunnels under Hudson River from Jersey sey City to Morton Şt., New York. Started No- City to the Church St. Terminal Building (Cortvember, 1874; the first in New York officially landt, Church and Fulton Sts.), New York. opened February 25, 1908. Two single track tubes, Started May, 1905; opened for traffic, 1909. approximately 5,700 feet long.

Tunnels (consisting of two single track tubes) exUp-town tunnels connect with north tunnels at tend from the Hoboken terminal of the LackaMorton St. and extend to Christopher St. thence wanna Railroad to Washington St., Jersey City. to Sixth Ave. and up Sixth Ave. to 33d St.. with connections to the Pennsylvania and Erie Started March, 1904; completed in 1910.

railroads,

OTHER TUBES UNDER THE RIVERS Tunnels under Hudson River extend from Penn- Manhattan crosstown tunnels from the Penngylvania Railroad Station, New York, to Newark, sylvania Railroad Station, mentioned above. N. J. Work started April 1, 1904; completed in across New York under 32nd and 33d Sts, to First 1910. The Hudson Tubes were put in service on Ave. Started July, 1905, completed in 1910. Nov. 27, 1910, at which time the road was electri- There are two tunnels, each with two tracks. fied between Long Island City and Manhattan The tunnels are built of concrete with the Transfer. Electrification had been in progress crown about 60 feet below the surface of the since 1903.

street.

East River tunnels connect with the crosstown 1940. It carries traffic under the East River

tunnels and extend under the East River to between the Borough of Manhattan and Long Long Island City. Started September, 1904; Island City in the Borough of Queens. There completed in 1910. Four separate tubes.

are special approaches in Manhattan (not orHolland Vehicular-Twin tubes under the Hudson dinary thoroughfares) from any cross-town (North) River, 9,250 feet in length, from Canal

street from E. 34th St. to E. 40th St., between St., Manhattan, to Twelfth St., Jersey City.

First and Second Avenues. Opened to commercial traffic at 12.01 a.m. Nov. In Queens, at the converging point of Long 13, 1927. Work started Oct. 12, 1920.

Island's network of motor highways, the entrance The Lincoln (midtown Hudson) Vehicular, opened

is by way of the New Midtown Highway or

(Van Alst Ave.), Long

Twenty-first Street late in 1938, consists of twin tubes under the

Island City river approximately 8,000 feet long, from 38th The Manhattan Plaza is at 36th St., east of St., Manhattan, to Weehawken, N. J., with an

Second Avenue. express highway approach in open cut to Homestead, west of the Palisades. The first tube was

Battery-Brooklyn-Governors Island TunnelThis opened for traffic on Dec. 21, 1937.

proposed tube under water, which is to carry

vehicular traffic to and from Manhattan, is Queens-Midtown Vehicular-Opened on Nov. 15, scheduled to be completed in Aug, 1944.

Out of Town Travel in 1940 In 1940, railroads and ferries carried 261,500,535 with 275,459,086 in 1939. This represents two-way passengers in and out of New York City, 2 decrease traffic. The actual number of passengers enterof 13,958,551 from the 1939 totals. The loss of ing the city by railroads and ferry in 1940 was commuter traffic during 1940 totaled 11.745.004

130,750,268. passengers, against a drop of only 4,381,385 in

Commuters entering and leaving the city num. 1939, compared with 1938. Trunk line railroad

bered 182,684, 185, against 194,429, 189 in 1939. traffic, totaling 198,085,359 riders in 1939, dropped ferries reached 14,125,941 during the year, com

Total traffic on the privately operated vehicular to 188,679,844 in 1940, while privately operated pared with 14,029,673 in 1939, ferries showed a decline from 27.812,879 in 1939 to Persons using, in 1940, the Holland Tunnel num24,010,536 last year,

bered 13,328,803; Lincoln Tunnel, 3,900,000; Goethal The Long Island carried 9,563,750 passengers to Bridge, 696,000; George Washington Bridge, 8,455,and from the World's Fair in 1940, compared with

000: Outer Bridge Crossing, 370,000; Bayonne 15,729,262 in 1939,

Bridge, 638,000. Passengers entering and leaving the city, using N. Y. Central RR., 21.649,109; New Haven RR.. railroads and ferries, totaled 261,500,535, compared 18.156,843.

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Foreign Consulates in New York City

Source: United States Department of State Albania.

(see Italy) El Salvador 270 Broadway Netherlands...... 10 Rockefeller Argentina 9 Rockefeller Estonia.

9 Rockefeller

Plaza
Plaza

Plaza

New Zealand (see Gt. Britain) * Australia (see Gr. Britain) Finland. 44 Whitehall. Nicaragua

17 Battery PI. Austria (see Germany) France 610 Fifth Ave. Norway

115 Broad. Belgium 630 5th Ave. Germany 17 Battery Pl. Panama

90 Broad,
Bolivia
10 Rockefeller Great Britain 25 Broadway. Paraguay

230 Park Ave
Plaza
Greece.
.30 Rockefeller

10 Rockefeller
Brazil..
10 Rockefeller

Plaza

Plaza
Plaza
Guatemala 30 Rockefeller Poland

151 E. 67th St. Bulgaria 71 Wash SqS

Plaza
Portugal

15 Moore.
*Canada.
(see Gt. Britain) Haiti

90 Broad.
Rumanla

10 Rockefeller
Chile.
9 Rockefel. Plaza Honduras
17 Battery PI.

Plaza China 1250 Sixth Ave. Hungary

25 Broadway San Marino.. 12 Beach St. Colombia 21 West St. Iceland 595 Mad'on Ave. Spain..

.515 Madison, Costa Rica 17 Battery PI. Irag 60 Hudson Sweden

.630 Fifth Ave. Cuba

17 Battery PI Ireland (Eire) 405 Lex. Ave. Switzerland 444 Madison Ave. Czechoslovakia... 1440 Broadway.

626 Fifth Ave.
Turkey

1775 Broadway Denmark, 17 Battery PI Japan.

630 Fifth Ave. Un of So. Africa. .500 Fifth Ave. Dominican Rep. 30 Rockefeller Latvia

135 Broadway USSR

7 E 61st St.
Plaza
Liberia
277 Broadwy. Uruguay

17 Battery PL.
Ecuador
.30 Rockefeller Lithuania
41 West 82 St. Venezuela

21 West St.
Plaza
Merco.

70 Pine St. Yugo-Slavia. .745 Fifth Ave
Egypt..
500 Fifth Ave. Monaco

2 Rector. •The Australian Government has offices at 630 Fifth Avenue; Canada, & Trade Commission at 620 Fifth Avenue; New Zealand, Customs Department for the U. S. & Canada, 44 Whitehall Street,

Fires and Fire Losses in New York City

Source: New York City Fire Department
Yr. No. Loss Yr. No. Loss

Yr. No. Loss Yr.

No.
Dollars
Dollars
Dollars

Dollars 1890 3,479 4,168,165 1912 15,633 9,069,580 1922 18,757 22,743,195 1932 31,223 17.947,701 1895 3,963 3,519,801 1913 12,958 7,467,997 1923 20.043 19,637,915 1933 26,298) 9,723,535 1900 8,405 8,573,347 1914 14,425 8,217,811 1924 22,631 18,684,835 1934 27,056 9,426,515 1901 8,424 8,816,365 1915

13,416 5,757,018 1925 22,849 18,869,085 1935 27.802 8,731,565 1902 8,700 6,998,563 1916 13.677 8.746,404 1926 25.185 21.571.725 1936 28,506 7.723,630 1903 10,046] 7.082,439 1917 14,053) 14.278,523 1927 24.341|19,257,215

1937

28.145 5,978,267 1904 11,148 7,667,523 1918 13.971 9,538,725 1928 25,949 16.624,381 1938 26,819) 7.878,335 1905 11,524 7.279.514 1919 13,429 12,488,258 1929 29.723 16.994,030 1939 32,454 8,600,544 1910 14,405 8,591,831 1920 14.2618.806,908 1930 31.391 (18,116,305 1940 28,413 9,637,375 1911 14,574|12,470,806 1921 16,350) 20,200,808 1931 30,994|15.363,020 Estimated fire lossesFires in 1940-Manhattan, 8,568; Bronx, 4,237; Richmond, 1,984; Brooklyn, 8,523; Queens, 5,101.

Manhattan-(1929) $6,246, 455; (1930) $7,513,685; (1931) $5,167,780: (1932) $6,690,930; (1933) $2,902,300; (1934) $3,443,625; (1935) $3,676,500; (1936) $2,700, 120; (1937) $2,647,970; (1938) $3,728,065; (1939) $3,217,550; (1940) $3,825,575.

Bronx-(1928) $1,109,630; (1929) $2,540,010; (1930) $1,916,510; (1931) $1,360,810; (1932) $1,704,410; (1933) $1,305, 485; (1934) $840,060; (1935) $841,840; (1936) $1,209,385; (1937) $551,140; (1938) $748,745 (1939) $782,820; (1940) $1.070,850.

Brooklyn-(1929) $5,404,086; (1930) $5,357,645; (1931) $6,278,180; (1932) $7,979,971; (1933) $4,086,960;
(1934) $3,562,945; 1935) $2,898,000; (1936) $2,781,405; (1937) $1,893,965; (1938)' $2,588,645; (1939)
$3,388,809; (1940) $3,187,740.

Queens--(1928) $1,845,205; (1929) $1,837,890; (1930) $2,660,580; (1931) $1,449,160; (1932) $1,264,965;
(1933) $1,269,585; (1934) $1,384,925; (1935) '$1,117, 125; (1936) $874,400; (1937) $768,297; (1938) $644, 120
(1939) $971,750; (1940) $1.388,390.

Richmond-(1927) $1,304,390; (1928) $1,022,624; (1929) $965,590; (1930) $667,888; (1931) $507,090; (1932) $307,515; (1933) $ 159,205; (1934) $194,960; (1935) $198,100 (1936) $158,320; (1937) $116,895; (1938) $168,760; (1939) $239,615; (1940) $164.820.

Fire deaths in the city in 1940 totaled 108.

[graphic]
[graphic]

City of New York Bonded Debt

Source: City Comptroller's Office
Funded Debt

Net Funded Other Debt Tax Notes
As of (Corp. Stock,

Sinking
Debt. (Colu'n (General (Special

Oth. Debt Interest
Jan. 1 Notes and
Fuad

Fund 1 Less

Revenue

(Revenue on City
Holdings
Assess. B'ds)
Column 2). Bonds) Bonds)

Bills) Debt
Dollars
Dollars
Dollars

Dollars Dollars Dollars Dollars 1910,

794,930,288 146,868,059 648,062,228 85,500,000 5,208, 150 60,367.290 32,178,760 1912

917,811,718 157,970,000 759,841,718 120,000,000 5,970,164 46,671,621 35,473,685 1913.

985,190,042 161,679,241 823,510,800 137,500,000 7,038,065 34,712,775 38,453,876 1914.

1,064,418,429 169,955,027 894,463,401 159,500,000 6,319,225 33,694,415 37.745,836 1916.

1,124,020,221 180,217,873 943,802,347 183,000,000 11.925,426 48.736.947 42,428,903 1921.

1.246,858,861 215,660,633 1,031,198,228 342,500,000 40.354.583 62.967,000 53,501,482 1922.

1,292,973,059 228,450,349 1,064,522,710 376,500,000 35,602,650 78,073,500 55,144,736 1923.

1,316,160,385 230,563,884 1,085,596,501 414,000.000 20.850.000| 40,600,000 55,302,516 1924.

1.373,350,839.243,509,489 1,129,841,350 452,500,000/ 23,925,000 25,000.000 57,143,780 1925.

1,459,589,250 257,098,841 1,202,490,409 492,000,000 28,257.000 38,000,000 59,623,779 1926.

1.565,853,726 274,329,183 1,291,524,543 533,000,000 43.776.000 25.000.000 63,882,059 1927.

1,660,993,786 294,405,390 1,366,588,396 576,250,000 44,625,000 20,000,000 70,960,397 1928.

1,761,819,479 315,880,020 1,445,939,459 623,250,000 29,000,000 27,277,000 76,124, 109 1929.

1,858,547.949 342,311,234 1,516,236,715 671,750,000 22,000,000 16.057.000 81,156,830 1930.

1,968,893,361 362,686,484 1,606, 206,877721,750,000 30,000,000 46,740,000 91.037,349 1931.

2.127.845,572 425,046,431 1,702,799,141 774,250,000 30,000,000 61,050.000 92,435,638 1932 2,246,100,994 438,714,024 1,807,386,970

36,500,000 53,050.000 94,048,051 1933. 2,294,688,191 454,136,930 1,840,551,261

59,018,000 162,400,000 93,799, 132 1934. 2,368,437,704 470,956, 226 1,897,481,478

47,260,315 183,814,302 106.839,363 1935. 2,373,307,317 487,803,561 1.885,503,756

78,175,315 139,933 972 100,907 292 1936. 2,312,625,070 448,381,976 1,864, 243,094

58.369.842 104, 137,441 94,624,430 1937. 2,354,197.896 467,169,321 1,887,028,575

49,372,119 45,698,795 90,133,885 1938, 2,380,422,024 472,325,737 1,902,096,287

60,607,373.43,603,287 89,837.865 1939. 2,497,434.777 492,264,182 2,005,170.595

55.056.991 49.091.663 45.199,314 1940. 2,650,402,608 516,254,141 2,134,148,467

8,150,000 61,621,000 93,810,297 1941 3,036,112,586) 520,228,981) 2,515,883,605

15,300,000) 80,967,0401 87,709,210 Figures on Interest on City debt (1939) in last column are for Jan. 1-June 30.

Figures for 1933 in column headed Tax Notes include $23,918,000 certificates of indebtedness payable from tax levies of 1933, 1934 and 1935. The figures for other years in that column include certificates of indebtedness, for relief, and various other purposes.

CITY DEBT LIMIT SUMMARY, JAN. 1
Debt Limit
Reserves

Debt Limit
Constitu- After

Unen-
Constitu- After

Reserves

Unenfor

for Itional Debt Deduct.all cumbered Yr. tional Debt Deduct.all

cumbered Projects Yr. Incurring Outstand.

Debt
Incurring Outstand. Projects

Debt
Author -
Power Debt,

Margin
Power Debt,

Author

Margin ized Bonds, etc.

Bonds,etc.

ized Dollars Dollars Dollars Dollars

Dollars Dollars Dollars Dollars "20. 842,832,275 70,478,319 49,038,949 21,439,370|| 32.1,880,616,692 541,257,155 180,648,805 360,608,350 *21. 862,612,170 63.513.845 28,280,677 35,233,168||33. 1.961,693,493 621,617,800 20.777,089 600,840,711 "22. 997.298,510 175, 266,897 41,624,292'133,642,60.22.406,810 490 9062,570,435 23.1,024.999,183 173,180.950 44,666,079 128,514,871

366,883,295 24.1,059,606,557 148,323,274 81,207,267 67,116,006 :36.1,664,977.119 351,484,376 94,936,648 256,547,728 -25. 1.114.881.149 123.423.546 76,412,965 47,010,5811:37.1,667.876,355 233,347,903 97,461,370 235,886,533 26.1.190,134,855 101,747,552 59,572,882 42,174,670||:38.1,659,969,519 279,213,468 149 148.219 130,065,249 27.1.299.758.083 127, 143,667 25,622,307 101,521,3651:39.1,674,555, 286 225,025,419 175,009,867 50,015 552 30.1,713,381.731 464, 498.550 84,812.734 379,685,816||:40.1,666,125,208 177,628,433 147,720,866 29,907,567 31.1.820.354,827 552 218,648 244,689,583 307,529,06511:41.'1.661,953,018 149,307,67691,052,186 58.235,490

The constitutional limit to debt incurring power of the City on July 1, 1940, was $1,661,953,017.96. This sum was based on 10 per cent of the averaged assessed valuation over the past several years$16,619,530,179.60.

NEW YORK CITY BUDGETS
For
For
For Grand

For
For

For Grand
Year City
County Tax. Res. Total

Year City County Tax, Res. Total Dollars Dollars $1,000 Dollars

Dollars Dollars $1,000 Dollars 1927.. 445,871. 13,149,511 3,250 474,893,3001936..520.895,036 14,146,807) *10,500 545,541,843 1928.480,837,295 13,574,689 3,990 512,528,831 1937.. 536,152,608 14,846,309 *8,500 559,498,917 1929.. 512,287,137 14,245,199 4,500 538,928,6971938. 565,753,347 15,474,229 8,753 589,980,576 1930..550,502,401 14,792,427 4,475 569,769,828 1939. 281.443,884 7,744,356

289,188,240 1931.. 600.538.081 15.552,102 4.750 620,840,183||19391932.609,928,731 15,687,567 5.750 631,366,298 '40.. 567,050,989 14,687,6715,771,179 587,509,839 1933.. 499,009.644 14,418,328 5.000 518,427,972||19401934..513.411.615 13.686.167 23,950 551,047,782 41. . 1560.688,919 14,550,288 5,809,627 581,048,834 1935..1523,632,040 13,800,5601 16.000 1553,432,600

1939 figures are for Jan, 1-June 30.

State tax, included in above totals -(1925) $16,236,971; (1926) $17,564,808; (1927) $12,622,698; (1928) $14,126,847;' (1929) $7,896,361; (1930-1939) nothing.

Additional amount to be provided for Tax Reserve, $6,500,000, from General Revenues in 1936, and $3,500,000 in 1937.

WHEN TO PAY LOCAL TAXES IN NEW YORK CITY Under the Charter of 1936, real estate taxes are begins on July

1, 1939, for example, is due on Oct. now payable by fiscal instead of calendar years. 1, 1939; the second half on April 1, 1940. The Arst of these fiscal years begins on July 1, half of the year's tax if it is paid when the first

A discount of 4 per cent is allowed on the second 1939. The actual dates for payment of the taxes, how: furnishes the Tax Department with the tax map

half is due and paid. Whenever a property owner ever, remain unchanged - April 1, and Oct. 1. with description of his property and his name and adthe 5 per cent interest penalty for non-payment on dress, bills for taxes. water and assessment charges the due-dates beginning on May 1 and Nov. 1. are automatically mailed to such address.

Thus the final hall-year payment on the calendar- The ordinary residential water tax is due and year plan, covering the first half of the calendar payable once a year. Metered water taxes are due year 1939, is due on April 1, 1939.

and payable once a month. There is the usual 7 The tax for the first half of the fiscal year which I per cent penalty

for non-payment when due.

New York City Assessed Values and Tax Levies

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Source: City Tax Department
Year

Assessed Values
Realty Other
(Cal.)
Realty of

Tax Levy
Special Total of 3 Personal Grand
Than Corp'n. Corporat'n Franchises Preced. Cols. Property Totals
Dollars Dollars Dollarg

Dollars Dollars 1920..

7,961,898,798 246,511,175 417,712,584 8,626,121.707 296,506,185 8.922.687,892 223.021.070 1925 11.155.299,900 292,090,500 453,958,153 11,901,348,553 239,509,540 12,140.856,093 327,951,701 1930. 17.248,324,717 390,809,700 564 A13,855 18,203,548.272 380,439.130 18,583,987,402 497,398,500 1931 17.761,512,367 418,308,550 626,348,007 18,806,166,924 356,349,090 19,162,516,014 513,435,289 1932..

18,524,713,417 419,503, 150 672,698,862 19,616,934,929 360,160.886 19,977,095,815 534, 140,483 1933. 17.349.573.344 410,271,600 697,160.314 18,457.005.258 319,059,715 18,782,070,573 455,801.998 1934.. 16.062.384,318 394,785,450 692,056,789 17.149,226,557 No tax on 17,149,226,557 471,296,432 1935 15,565,721,731 386,925,200 697,124,268 16,649,771,199

16,649,771,199 468,349,374 1936.. 14.868,626,906 1.114,802,375 695,334.267 16,678,763,548

16,678,763,548 452,683,113 1937... 14,579,279,807|1,312,934,925 707,480,462) 16,599,695,194

16,599,695,194 459,332,721 1938 14,540,810,277 1,432,269,675 677.217.842 16,650,297,794

16.650,297,794 489,874,023 1939 (a) 14,620,818,346 1,443,334,875 672,690,951 16,736,844,172

16,736,844,172 242,179.617 1940 (b) 14,558,596,062 1,415,576.350 666,460,537 16.640.632.939

16,640,632,939 491,468,760 1941 (c) 14,417,162,8631,468,051,580 668,187,035 16,553, 401,478

16,553,401,478 493,913,099 1941-42 14,224,025,514 1.362,826,245 636,282,967| 16,223,134,726

| 16,223, 134,726 (a) Figures are for first half of 1939; (b) figures are for fiscal year ending June 30, 1940; (c) figures are for year July 1, 1940, to June 30, 1941.

NEW YORK CITY ASSESSED VALUATIONS BY BOROUGHS
Land Alone

Including the Land
Year (Calendar)

Total Manhattan Bronx Brooklyn Queens Ricbmond
Dollars Dollars

Dollars Dollars Dollars Dollars 1920.

4,606, 220,298 5.186.771,887 753,308,264 1,937,811,205 636,409,159 111,821,192 1925.

5,561,718,945 6.721,085,292 1,074,284,721 2,918,566,535 1.013.547.506 173,864,499 1930.

8,731,788,851 9,593,415,109 1,997,576,799 4,272,392,536 2,039,773,302 300,390,521 1931,

9,024,155,671 10.031.191.787 2,049,577.7474,294,335,301 2.123,818,178 307,243,916 1932

9,010,560, 261 10,154,576,653 2,175,700,229 4,549,330,998 2,398,886,590 338,420.959 1933.

8,584,233,271 9,513,999,726 2,040,013,542 4,265,775,564 2,310,422,734 326,793,692 1934

7,790,692.841) 8,714,160,0661,926,273,839 4.016,650,319 2,188,372,688 303, 769,645 1935.

7,457.873,311 8,373,226,997 1,902,800,8233,933,060,440 2,145,327,968|295,354,971 1936

7,316,914,341 8,365,565,444 1,908,861,4873,954,397.9532,154,629,644 295,311,020 1937,

7,130,856,097 8,252,020,105 1,923,709,614 3,939, 292,859 2.186.323,584 298,349,032 1938.

7,085,840,787 8,194,482,439 1,938, 546,9423,953,668,4262,263,879.714|299.720,273 1939 (2)

7,368,520,331) 7.190,360,835 1,642,066,306 3,472,925.740 2.044,845,213 270.620.250 1940 (b)

7,339,015,507 7.123,074,325 1,641,899,401 3,458,082,590 2,064,813,376270.726,360 1941 (c)

6,933,674,328 6.974,386,150 1,655,309,486 3,416,172,81112,101,006,451 270,286,465 1941-42

6,759,855,589) 6,786,900,250 1,684,739,851 3,365, 162,3812,116,261,637 270,961,395

The 1941 (c) figures cover only ordinary real estate, and do not include utility corporations. The 1941 assessed value of land only of utility corporations was $277,308,660.

GROSS TAX RATES ON REAL PROPERTY IN NEW YORK CITY. BY BOROUGHS

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Note-First rate in Manhattan-Bronx column is Manhattan, second is Bronx.

Basic Tax Rates. Figures represent cents per The gross tax rates consist of the basic tax rate dollar or dollars per $100 of assessed valuation--for budget purposes, plus the rate added thereto (1925) 2.68; (1930) 2.53, (1935) 2.71; (1936) 2.65; for Citywide and Borough assessments levied and (1937) 2.64 (1938) 2.80; (1939-'40) 2.82; (1940-41 | collectible with the taxes. 2.84; (1941-42) 2.80. N. Y. CITY RECEIPTS AND EXPENDITURES, YEAR ENDED JUNE 30, 1941 Receipts

Expenditures Real estate (taxes and assessments) $ 488,190,427 Expense of city government

$ 509,955,396 Sale of water 38,655,612 Capital improvements

143, 184,393 City's share of State taxes. 35,765,483 PWA capital improvements

21.598,897 Emergency relief taxes 74,560,811 Relief expenditures

124,820.872 Relief moneys from State 61,769,706 Purchase of Federal food stamps

11,853,013 School moneys from State 50,559,345 Interest on city debt.

94, 106,967 Federal food stamps revolving fund 10,545, 151 Miscellaneous

31,802,772 Public Works Administration

5,596,690 Purchase of securities by sinking funds 99,407,658 Miscellaneous (a) 94,636,424 | Redemption of city debt

386,692,821 Securities sold by sinking funds 83,806,700 Transfers between funds

122,307,523 Revenue from investment (sinking funds) 14,402,334 Total expenditures.

$1,545,735.312 Borrowings

515,900,000 Transfers between funds

122,307,523

Total receipts
Opening cash balance in banks.

Grand total

$1,596,696,206

115,525,398 Closing cash balance in banks, $1,712,221.604 Grand total

166,486,292

$1.712,221,604

Building Construction in New York City (by Boroughs)

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TOTAL-WHOLE CITY
No.
No.
No.

No.
Year. of Est.

Year

of Est. Year of Est. Year of Est. Bldgs Cost

Bldgs
Cost
Bldgs Cost

Bldgs Cost
Dollars.
Dollars.
Dollars.

Dollars 1915.. 13,709 156,019,153 1931.. 21.307 305,166,638 1935.. 1 8,915 108.935,174 1938.. 17,692 281,950,849 1920..19.436 221,265,897|1932. 8.027 54.857,510 1936.. 13.019 160,958,3971939 15,688 195,657,317 1925. 61,501 946,916,566|1933. 6.105 49,888,333 1937.. 14,185 244,043,362 1940. 13,534 191,130,768 1930..120,465 353,057,721|1934. 5,589 53,065,006

MULTI-FAMILY HOUSES ERECTED IN NEW YORK CITY
Private dwellings, hotels and apartment hotels are not included in the compilation
Apart-

ApartYear Tene- ments Rooms Estimated Year Tene- ments Rooms Estimated ments in

in
Cost
ments in

in

Cost

210

Dollars

Dollars 1925. 2.857 42,573) 155,402 211,013,200 1935..

153 8,716 28,887 26,074,475 1930. 739 24.554 83,441 138,882,100 1936.

228 11,254 35,646 36,410,450 1931. 767 35,292 107,540 159,885,784 1937

254 14.024 44,112 48,493,500 1932. 191 6,504 19,589 25,347,500 1938

11.132 33,757| 42,257,500 1933 52 1,108 3,211 3,064,000 1939.

408 22,521 70,434 79,411,300 1934. 611 3,260 10,511 10,174.000 1940

427 27.415 87.657 101,200,240 There were in the City of New York, by the last count of the Tax Department, 665,681 buildings, of which 294,110 are l-family dwellings; 164,487 2-family dwellings; 135,513 walk-up flats. Parcels of vacant land number 176,035.

The 1940 figures in the above table include the Red Hook housing development in Brooklyn-tenements, 26; apartments, 2,537; rooms, 9,365; estimated cost $12,240,000.

Number and Value of Buildings in N. Y. City, 1940

Source: The Municipal Tax Department
Manhattan

Total, New York City

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Total all buildings

71,671 3.837,524 3,197,737 7,035,262 673,775 6,476,453 7,504,289 13,980,743 Vacant land parcels 3,281 87,811 87,811 171,896 577,852

577,852 Tot. Tax. Ord. R. E. 3,925,336 3,197,737 7,123,074

7,054,306 7,504,289 14,558,596 Improvements include the buildings.

The total number of buildings in the other boroughs is---Bronx, 67,307; Brooklyn, 269,506; Queens, 225,381; Richmond, 39.910.

The parcels of vacant land number as follows--Bronx, 28,522; Brooklyn, 29.933; Queens, 68,465; Richmond, 41,695.

Property in the City of New York exempt from taxation is officially valued at $5,118,603,609, of which $2,754,029,935 is in Manhattan. The exempt property in the city owned by the U. S. Government amounts to $242, 107,025; N. Y. State, $109.090.

The parks, which are exempt, are valued at $1,188,967,840.
Housing units (U, S. Bureau of the Census count, April 1, 1940), 2,218,608.

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