Location of Javits Center, NYC goes to auction to repay a debt, 1866!

Bi-fold Partially printed document signed, 11" x 17" as an Indenture and Land Deed to pay a debt involving the auctioning of Land, today known as the site of the Jacob Javits Convention Center in New York City. Dated the "Twenty eighth day of March, 1866".

The repayment of debt was ordered by the New York Supreme Court the prior year in 1865, with the land being sold at auction to fulfill the debt obligation. The Auction was "struck off" to the infamous "Charles E. Appleby and Gustavus Connover", for the sum of "seventy three thousand and fifteen, that being the highest sum bidder." Document lightly toned. Consisting of manuscript and partially printed to the first page. The second page showing a detailed map of the New York City block of 37th and 38th Street between 11th and 12th Avenue which was auctioned.

Inclusive of 10 George Washington tax revenue stamps, and the red wax seal. Signed and notarized by the State of New York, City and County of New York and the Notary Public.

An incredibly iconic document showing the transfer of ownership via auction, of what would later become the Javits Center. Charles E. Appleby himself was an icon of his day, known as an austere developer who became one of the richest men in the city by the time he died in 1913 at 89. He made his money in property in New York with an unusual twist. Unlike others like him, he literally made some of his land himself, by filling in his low-lying acres along—and in some cases under—the Hudson River and leasing out the resulting dry land.

As it would turn out, this specific lucrative purchase made in 1866 would remain within the Appleby family until 1989 when it was acquired by Larry Silverstein, head of Silverstein properties who purchased the entire New York City block from the Appleby family (later then to be taken over by the State for the Jacob K Javits Convention Center. According to Silverstein "We ended up buying, and the rest was history"

A fantastic one-of-a-kind piece of New York City history. Although the New York Convention Center is not the biggest, it is the busiest. According to the state’s proposal site, Javits hosted 177 events and more than 2 million visitors in 2014. This created 175,000 jobs and generated $1.8 billion in local business by those staying in the area, which reportedly garnered an estimated 478,000 hotel stays.

This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.

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