Chimney Company in Gramercy Park NY.

The area which is now Gramercy Park was once in the middle of a swamp. In 1831 Samuel B. Ruggles, a developer and advocate of open space, proposed the idea for the park due to the northward growth of Manhattan. He bought the property, 22 acres of what was then a farm called “Gramercy Farm”, from the heirs of James Duane, son of the former mayor, father of James Chatham Duane, and a descendant of Peter Stuyvesant. Ruggles then deeded the land on December 17, 1832 to five trustees, who pledge to hold 42 lots in trust to be used as parkland. To develop the property, Ruggles spent $180,000 to landscape it, draining the swamp and causing about a million horsecart loads of earth to be moved. He then laid out “Gramercy Square”, deeding possession of the square to the owners of the 66 parcels of land he had plotted to surround it, and sought tax-exempt status for the park, which the city’s Board of Aldermen granted in 1832. It was the second private square created in the city, after Hudson Square, also known as St. John’s Park, which was laid out by the parish of Trinity Church. Numbering of the lots began at No. 1 on the northwest corner, on Gramercy Park West, and continued counter-clockwise: south down Gramercy Park West, then west to east along Gramercy Park South (East 20th Street), north up Gramercy Park East, and finally east to west along Gramercy Park North (East 21st Street).

As part of his overall plan for the square, Ruggles received permission on January 28, 1833 from the Board of Alderman to open up Fourth Avenue, which had been limited to use by trains, to vehicular traffic. He also brought about the creation by the state legislature of Lexington Avenue and Irving Place, two new north-south roads laid out between Third and Fourth Avenues and feeding into his development at the top and bottom of the park. The new streets reduced the number of lots around the park from 66 to 60.

Gramercy Park was enclosed by a fence in 1833, but construction on the surrounding lots did not begin until the 1840s, due to the Panic of 1837. In one regard this was fortunate, since the opening of the Croton Aqueduct in 1842 allowed new townhouses to be constructed with indoor plumbing.