Garden city movement through low taxes, low rents and more space. Despite Howard’s best efforts, the home prices in this garden city could not remain affordable for blue-collar workers to live in. The populations comprised mostly skilled middle class workers. After a decade, the First Garden City became profitable and started paying dividends to its investors. Although many viewed Letchworth as a success, it did not immediately inspire government investment into the next line of garden cities. In reference to the lack of government support for garden cities, Frederic James Osborn, a colleague of Howard and his eventual successor at the Garden City
Garden City Hotel at the home of his friend on 105 Third Street. The original Garden City Hotel first started construction in the fall of 1873 and was opened to great fanfare on July 30, 1874. It was built by millionaire Alexander Turney Stewart and cost $150,000 to build. The original hotel was later redesigned and expanded. A new Garden City Hotel was opened in 1895, designed by architects McKim, Mead and White. A nine-hole golf course was opened for guests in May 1897, which later became the Garden City Golf Club. Four years after the opening of the new hotel, it burned