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30-511: William Backhouse Astor may refer to: William Backhouse Astor, Sr. (1792–1875), American businessman and member of the Astor family William Backhouse Astor, Jr. (1829–1892), American businessman and son of the above [REDACTED] Topics referred to by the same term This disambiguation page lists articles about people with the same name. If an internal link led you here, you may wish to change

60-406: A complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information. Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing

90-677: A few days, died at his residence in this City yesterday at 9:30 A.M., aged eighty three years. Mr. Astor was in his usual good health, except for a slight cold, until Saturday of last week. On that morning his cold began to trouble him and occasioned a severe cough. Real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property , (more generally) buildings or housing in general. In terms of law, real relates to land property and

120-446: A member of the prominent Livingston family , was the youngest child of Judge Robert Livingston and Margaret (née Beekman) Livingston as well as the sister of Chancellor Robert R. Livingston and Secretary of State Edward Livingston . Her father, John Armstrong Jr. was President James Madison 's second Secretary of War. Together, William and Margaret had seven children: As a wedding gift, Astor gave Franklin and Laura Delano

150-634: A property for both private and commercial real estate. Environmental surveying is made possible by environmental surveyors who examine the environmental factors present within the development of real estate as well as the impacts that development and real estate has on the environment. Green development is a concept that has grown since the 1970s with the environmental movement and the World Commission on Environment and Development. Green development examines social and environmental impacts with real estate and building. There are 3 areas of focus, being

180-519: A truly wealthy man when he inherited the estate, worth around $ 500,000 (equivalent to roughly $ 507 million in 2024 ), of his childless uncle Henry Astor I, who died in 1833. When John Jacob Astor Sr. died in 1848, William became the richest man in America. Following the example of his father, he invested in real estate, principally situated below Central Park , between 4th and 7th Avenues, which rapidly increased in value. For about 13 years prior to 1873 he

210-593: Is different from personal property, while estate means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within

240-604: Is often purchased as an investment, whether or not the owner intends to use the property. Often investment properties are rented out, but " flipping " involves quickly reselling a property, sometimes taking advantage of arbitrage or quickly rising value, and sometimes after repairs are made that substantially raise the value of the property. Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as

270-672: The Baltic German students; later he moved to the University of Heidelberg . He chose as his tutor a student, afterward known as the Chevalier Christian Charles Josias von Bunsen , with whom he also traveled. In 1815, he returned to the United States and entered partnership with his father, who changed the name of his firm to John Jacob Astor & Son and engaged in the China trade . William's elder brother John Jacob Astor Jr.

300-657: The Great Depression in the U.S. caused a major drop in real estate worth and prices and ultimately resulted in depreciation of 50% for the four years after 1929. Housing financing in the U.S. was greatly affected by the Banking Act of 1933 and the National Housing Act in 1934 because it allowed for mortgage insurance for home buyers and this system was implemented by the Federal Deposit Insurance as well as

330-592: The Federal Housing Administration. In 1938, an amendment was made to the National Housing Act and Fannie Mae , a government agency, was established to serve as a secondary market for mortgages and to give lenders more money in order for new homes to be funded. Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with

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360-461: The adjoining 142 acres of Rokeby to his son, Henry. Henry Astor built a brick dwelling on this land, but in 1873 conveyed the property to Laura. Astor's local newspaper The New York Times eulogised, Mr. William B. Astor. an illness of four days ends an honored and successful life the public events in Mr. Astor's career a ripe scholar and philanthropic man. Mr William B. Astor, after an illness of only

390-474: The environmental responsiveness, resource efficiency , and the sensitivity of cultural and societal aspects. Examples of Green development are green infrastructure , LEED , conservation development , and sustainability developments. Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019

420-495: The idea of private property. One of the largest initial real estate deals in history known as the " Louisiana Purchase " happened in 1803 when the Louisiana Purchase Treaty was signed. This treaty paved the way for western expansion and made the U.S. the owners of the " Louisiana Territory " as the land was bought from France for fifteen million, making each acre roughly 4 cents. The oldest real estate brokerage firm

450-652: The incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes. Internet real estate as a concept began with the first appearance of real estate platforms on the World Wide Web (www) and occurred in 1999. Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes. Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for

480-517: The law of each U.S. state. The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy. The profession of appraisal can be seen as beginning in England during the 1500s, as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while

510-411: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=William_Backhouse_Astor&oldid=890157085 " Category : Human name disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages William Backhouse Astor, Sr. William

540-602: The same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns. According to the Congressional Research Service, in 2021, 65% of homes in the U.S. are owned by the occupier. Other categories The size of havelis and chawls is measured in Gaz (square yards), Quila, Marla, Beegha, and acre. See List of house types for

570-638: The southernmost 100 acres of Rokeby estate . The estate came to be known as "Steen Valetje" (which means "little stone valley" in Dutch). Margaret Astor died on February 15, 1872, William Astor survived his wife by three years dying on November 24, 1875, in his townhouse at Lafayette Place in New York City . He was buried next to his wife in the Astor vault at Trinity Church Cemetery , designed by Frederick Clarke Withers , in New York City. In 1866 he conveyed

600-593: The store. Official records show that he matriculated with the class of 1811 of Columbia College , but did not graduate from the institution. At Columbia, he was a member of the Peithologian Society and Philolexian Society , both undergraduate literary societies. Instead, at age sixteen, he was sent to the University of Göttingen in Germany, where he joined the German Student Corps Curonia of

630-553: The term "appraising" was more used in North America. Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel 's 1758 treatise The Law of Nations which conceptualized

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660-458: The unexpended balance of his earlier donation. The gifts and bequests of William Backhouse Astor Sr. to the Astor Library amounted altogether to about $ 550,000. In 1879, William's eldest son John Jacob Astor III presented three lots adjoining the library building, and erected on them a third structure similar to the others, and added a story to the central building. His outlay, exclusive of land,

690-465: Was about $ 250,000, making the entire gift of the Astor family more than $ 1,000,000. In 1852–53, he built the St. Margaret's Home at Red Hook, New York , and supported it until his death in 1875. On May 20, 1818, William married Margaret Alida Rebecca Armstrong (1800–1872), the daughter of Senator John Armstrong Jr. and Alida ( née Livingston) Armstrong and sister of Horatio Gates Armstrong . Her mother,

720-575: Was added to the National Register of Historic Places in 1975. During the American Civil War he successfully brought a case against the income tax imposed by the United States government, which was ruled unconstitutional. He added to the bequest of his father for the Astor Library the sum of $ 250,000, of which he paid during his lifetime $ 201,000 in land, books, and money. The edifice

750-561: Was born in New York City on September 19, 1792, and named after William Backhouse, a friend of his father who was a New York merchant. He was a son of fur-trader John Jacob Astor (1763–1848) and Sarah Cox Todd (1761–1834). His seven siblings were Magdalena (1788–1832), Sarah (1790–1790), John Jr. (1791–1869), Dorothea (1795–1874), Henry (1797–1799), Eliza (1801–1838), and an unnamed brother who died shortly after his November 13, 1802, birth. He attended local public schools. His spare hours and vacations were employed in assisting his father in

780-473: Was completed under his directions in May, 1853. In 1855 he presented to the trustees the adjoining lot, and erected thereon a similar structure, which was completed in 1859. He next gave $ 50,000 for the purchase of books. He gave much patient attention for many years to the administration of the library. He gave $ 50,000 to St. Luke's Hospital, and in his will he left $ 200,000 to the Astor Library, in addition to $ 49,000,

810-603: Was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner". In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also when the term " realtor " was coined to identify real estate professionals. The stock market crash of 1929 and

840-422: Was largely engaged in building until much of his hitherto unoccupied land was covered by houses. He was said to own in 1867 as many as 720 houses, and he was also heavily interested in railroad, coal, and insurance companies. His management of the family real estate holdings succeeded in multiplying their value, and he left an estate worth close to $ 50 million. His house at Barrytown, New York , known as Rokeby ,

870-415: Was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings. Investment in real estate can be categorized by financial risk into core, value-added , and opportunistic . Real estate development can be less cyclical than real estate investing. In markets where land and building prices are rising, real estate

900-523: Was sickly and mentally unstable, and had no part in the business. He worked there until his father's death. One source argued that his role in the company was never anything more than as "an industrious and faithful head clerk", despite his official title of head of the firm's chief subsidiary, the American Fur Company , in its last several years of its ownership by Astor & Son. Although William's fortunes grew with his father's company, he became

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