Commercialized Prostitution in New York CityKneeland, George J. (George Jackson)
History
Commercialized Prostitution in New York City
Kneeland, George J. (George Jackson)
Prostitution -- New York (State) -- New York
"Why do you want to sell?" asked the woman.
"My woman is very sick," he replied, "and she has to go to the mountains;
also her sister is very sick and I am 'broke.'"
"How heavy is business?" she asked.
He replied that the house was "working" between $1,000 and $1,200 per
week. She regarded $2,000 as too much for a one-third interest, as the hot
months were coming on and business would probably be very dull; however,
she would give $1,500.
"No," he answered, "you cannot buy my share for $1,999."
Buyers are of course wary. They must be convinced that they are getting
what they pay for; occasionally, therefore, tentative arrangements are
made. A madame is installed until actual experience proves that the
property is worth the price asked.
The following transactions were actually witnessed by our investigators:
On March 3rd, 1912, sale of three one-third interests in a Sixth Avenue
resort for $650 apiece; March 11th, 1912, sale of a half interest in
another Sixth Avenue resort for $2,200; March 19th, a sale of a one-third
interest in a West 40th Street resort for $1,500,--a poor investment, for
the house was shortly closed; in July, 1912, a one-third interest in
another resort in West 40th Street was purchased for $3,000 by an owner,
who transferred his women thither from a place in 28th Street.
Occasionally pressure is brought to force a part owner out. On one such
transaction, a profit of $500 was made; in another a share was bought for
$500,--far below its market value.[216]
Public-domain text, read in full here on John Shaqi.
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