In 1879 Mayor Cooper had appointed a committee known as the "Mayor's Committee," to devise means to effect tenement-house reforms. This committee reported, and among other suggestions recommended, that companies be organized to build modern tenements. Some members of this committee, with others, formed the stock company alluded to with a capital of $300,000. With a wisdom peculiarly their own, they did not wait until model buildings could be erected according to plans not yet drawn on sites not yet selected, but they leased on a long lease property that had been unproductive for a long time, and occupied by a people at the lowest level of the home-making people of the city. Below them are the people who do not even pretend to make a home. This property was located in the old Fourth Ward. It was the reputation of this ward, and the record of the particular property, which doubtless led these capitalists to secure it. It was conceded that the poverty and degradation of the Fourth Ward was at least as great as in any other section of the city. The property leased had attracted public attention and been the subject of special investigation and reports in every agitation of the tenement-house problem since 1856. The Fourth Ward criminal and health records figure for an even longer period in every effort at bettering municipal conditions by the example it presented of civic indifference, neglect and maladministration. The houses faced on two alleys, known in their best days as "Single" and "Double" alley, respectively. As this distinction indicates, on Single Alley one row of houses faced the walls of the adjoining property, while two rows of houses faced each other across Double Alley. Later known as Swipe's Alley, Guzzle Row, Hell's Kitchen, Murderers' Row, showing the gradual descent from respectability. There is a tradition that Single Alley once had gardens that extended to Roosevelt Street; that the houses had been occupied by one family; but this cannot be verified. In their most degenerate days these houses had an air of exclusiveness, due doubtless to their fronting on courts and the tall iron fences, with gates, that separated the houses from the street. The neighborhood at one time was aristocratic; Franklin Square, but a short distance from the property, was a social center of national greatness. As business went northward, the merchants, bankers, tradespeople, followed, for the tie between home and business was still very close; the midday dinner made distance between the two impossible. The old homes were left for subdivision among the skilled workmen and clerks.