The sun. [volume], January 04, 1914, THIRD SECTION, Image 22

About The sun. [volume] (New York [N.Y.]) 1833-1916

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T.-1E SUN, SUNDAY, JANUARY 4, 1914.
REAL ESTATE BOARD
TO HELP BUSINESS
$800,000 DEAL NEAR
COURT HOUSE SITE
FLORHAM PARK, DR. L. P. WARD'S $1,000,000 NEW
JERSEY HOME, BOUGHT BY WESTERNER FOR $200,000
Controls More. Invested Cnpitnl
Than Any Other Organi
zation Hero.
Jones Building at Duano and
Klin Sts. Hotipht by Adams
Express Co. Interest.
GIVES HOTEL TX THADE
Uptown Dwelling Ilought by
Arvcrric Developers 15th
St. Tenement Sold.
SCOPE TO TIE BUOADKNEI)
Many Innovntlons Which Am
Expected to Aid Realty
Interests Planned.
'
ClocVo
Towetr
Iff'
T M T M. Jones have sold the ten
tory .Tones building nt the southeast cor
ner (if Dunne and Kim streets. The struc
ttiro fronts 1 02.0 ftct on Dunne streM,
110,5 (Vet m Kim street, and nirasuies
16.7 mill ion feet on Its easterly and
southerly linns res peotlvely.
The buyer Is the Hollywood Hotel ami
Cottage Company, subsidiary of the
Adams Express Company, which gives In
part payment propel ty at West Knd, N. J.,
consisting of thirty-four parcels In the
Hollywood Park section and about sixty
acres lying between Hollywood Lako and
Park avenue, and Including four modern
cottages recently erected by the selllnt
company.
The Manhattan structure, which was
erected about tfn years ago. was held at
$300,000 and the suburban property at
$30(1,000. le Selillng Profilers and Henry
M. Fitch were the brokers.
I'l'TOttX IIWKI.MMi MO I. II.
WEST 13UTH STIUSKT Annie Levy has
sold SOS West IJ'.Uh strret. a three
story mid basement dwelling, on lot
1 'J v li :. 1 1 . to Sumcrvlllc 4- Somervllle.
who gave In exchange twenty lots nt
Atvernc. I., I located on Adah and
Kate avenue", between Seavlcw avenue
mid Jamaica Itav ; and also a dwelling
mi Forty-ninth street. Brooklyn. Isaac
Marshall wan the broker.
WEST 4STH STREET Martin A
Schmonses have obl for Henry Meyer,
as executor of the Henty Tweltman es
tate, 43,4 West Porty-flfth strret. a
four story tenement on lot 25x100.5.
nt'lMIKIl .SKI. I.N IIIIO.N.Y I I. AT.
WARM ION AVKNL'K. Itlchard 11.
Scoble has sold for the P. J. Dwyer
Building Company. 1S31 Marmlon ave
nue, it live story lint, on plot 50x147,
located about 140 fet -outli of 1 "6th
street. t
THinD A VKNl.'K. Richard If. Scoble
has sold for Susie 15. I'lser. 3394 and
3396 Third avenue, two three story brick
bouses with stores, on n plot with front
ages of 50 feet on Thlid avenue, 121
feet on the south side, 141 feet on the
north hide and 54 feet on Franklin
avenue.
FRANKLIN AVENl'.K. Hlchnrd H.
Scoble has sold for Susie K. l'ler the
three story frame bulldlnc at 1UJ3
Franklin avenue. ,
THIRD AVKNUK.--ltlch.ird II. Scoble
has told fur Susie K. I'lser, 3351 Third
avenue, a two story brick building with
store on lot 23x6s, near 165th street.
FOREST AVKNL'K. K. Hreunlc has sold
for KlUaboih Snell Roifus to Jennie
I.atlook, Forest avenue, a three
tory frame dwelling on lot 23x100, ad
Joining the southeast corner of 161st
street.
nitOOKI.Y.V LOT I.K.
Frank A. Seaver k. Co. have sold for
It. P. Parker a lot 20x100, on the west
Ide of Third avenue, 90 feet north of Bay
Itldge. avenue. The buyer will erect a
tore building for his own use.
BltOKAW IIL'VN I.. I. FA II M,
E. S. Wlllard & Co. have sold for Mrs.
John T. Atterbury her property, consist
ing of about 100 acres at Hrookvllle. L. I
near the Piping Rock Club, to Howard C.
Hrokaw.
M:VAUIv UWKI.LI.NU SAI.KM,
Feist & Feist have sold for Henry U
Ilaunian of Manhattan, to Littleton Kirk
Patrick, 623 to S37 Mount Prospect uve
nue. Nawurk, N. J., elsht two story
divelilngs.'nlth stores, on plot 160x53x Ir
regular, at the southeast comer of Coey
man street ; alo .old for Mr. Bauman to
Louts Kolm 273 and 270 Woodslde ave
nue, two two and one-half story
two family duellings, each on plot 30x123.
CITY DWELLINGS HUNTED,
The Duros Company lias leased for
Arthur S. Wootton the three story dwel
llns nt 318 West Nlnotecnth street to
Marie P. Nogues.
HISINKXS PIIUPKRTV LEASES.
Tho Uuross Company has leased the
two story building, at 626 and 628 West
Twenty-fourth street to the Oliver Water
Fl.ters Company for five years; alio the
threo story frame building at 98 Tenth
avenue to Cornelius J. Sullivan for
twenty-one years at nil aggregate net
rental of t Su.OOO ; also the five story front
and rutr buildings nt 135 Ninth avenue
to John IV .Marco, and the eleventh loft
In the Uradstreet HuildlntT at the north
pit corner of Lafayette and Howard
sticets to the Reynolds. Printing Com
pany, Daniel UlrUsall & Co. havo leased the.
store and basement at 431 to 438 Broad
way for a term of years at an aggregate
rental of about $60,000 to T. W. 4 C. B.
Sheridan Company, dealers In printers'
and bookbinders' machinery, Trho for
many years havo been located at Duana
and Kim streets.
W. J, Houston & Son have leased to the
Hamilton Cream Company the three story
building 620-622 West 131st street for a
term of ten years at an aggregate rental
of Kli.OOO.
The F. R. Wood, W. H. Dolson Com
pany has leased spare In 1182 Broad
wiiv to the Wilson Manufacturing Com
pany; also a loft In 37 West Thirty
sixth strret to the Florence Ostrich
Feather Company, and the second floor
In 64 West Forty-sixth street to the
lllue Hlnl tea room.
The M. Rosenthal Company has leased
the sixth loft In 16-20 West Thirty-second
street to the Mutual Garment
Company.
lllclrmnn Co. have leased space In
27-2lt West fourth street to Michael
Kramer . also spaco In 123-123 Wrecker
strict, corner Wooster street, to tho
Manhattan Handrau Company, and space
In JI-.'iO llleccker Htrea. corner Lafayette
btrcel, to the Umpire Hat Company.
mm: iiho.vx plats flanxkd.
John 11, Friend, architect, has filed
plans for threw six story brick tenement
bouses, IUC6.S and 43x66.8, an the west
klde of Webster avenue, 1,670.6 tact north
or 1 6 s tit struct, for Ludwls Rlkora, at a
total cost of $125,000. Frederick Jaeger
lias filed plans for a five story brick tene
ment house, 116.1x73,5, on the southwest
corner of Bokcnbcl avenuo and Shake
spean avenuo, for the- ollscobel Building
Company, Henry (lumllach, president, at
n cost of $ 15,000, Liirhiti Vlsclntta hits
filed plans for !h six story brick tene
ment bouses, 40x90, on the meat side of
Prospect axenuii from 166th to 167th
streets for tho Angel Construction Com
pany, Carmine Clotll, president, nt a total
tost of $220,000 ; and Robert K. La Velio
bus tiled plans for a two story brick nlco
lctte tind store, 112.3x100, on the east sirs
of Southern boulovard, 25 feet south of
.!cnnlnK street for Mondschclm & Co., at
tuU of :mi, ,
Florham l'ark, the country home
Ur. Le-ille 1. Ward. Ilrst vlcc-prcsldit, l
of the Prudential Life Insurance Com
pany, near Madison, X. .1 , which wis
boiiKlit about two vuM'kw UK" I'.v How
ard Coin of St. Loin?, Is tho second
flno New .ler.iey country pl.icc sold to
Westernerj" last month nt bargain coun
ter prices. The- other properly I the
estate of Albert Freeman at Itamsey,
In the Kamiiio Mountain.", a develop
ment of 200 ncre.i and many line bulld
Ihrs. which rust upward of $S0H,0U0,
which was fold a few days nuo for $123,
000 to a limn who balls from the West.
Klorhum Park, a I.iruer property and
In the opinion of many h finer estate,
was boucht by Mr. Cole for I200.0UU,
which a llfth of the cost of develop
Inp the RnniiuN. not to speak of the
structural Improvements which, with
furnlshlnns, cost another $1,000,ii0.
The purk contains til" ucrw, midway
between Afton and East Madison, and
In ono of the show places of New Jer
sey, which N rich In fine country
homes, especially In the region of
which Mudlson Is part. It took years
to bring the Ward property 4 to Its
present state of hlirh development anJ
BING & BING IN BROOKLYN.
Manhattan tlallilcrs to Kreel Apart
ments In llrlsjhts Section.
Ring & Ring, whose names always
have been associated with high cla.".i
apartments and commercial structures
In Manhattan, have departed from their
accustomed Meld and arc about to under
take a building operation in Brooklyn,
They purchased the site yesterday for
two ftnu apartment houses which will
cost in the neighborhood of 1600,000.
The
pioperty Is on the north side of
rmerhorn street near Clinton street
Schermerhorn
and runs through the block to Living
ston street. It Is In the Heights section.
and was sold to the builders by the
Realty Associates. Tho frontage Is 63
feet on Schermerhorn street und !i0 feet
on Livingston street.
Leo Ring said yesterday that his con
cern will erect two six story elevator
apartments, one to be pf small suites
of threo and four rooms und tho other
to be of apartments of ten rooms und
three baths. Uoth houses will be ready
for fall occupancy.
Tho entering of the Brooklyn Held by
Blng & Blng Is one of the most notable
occurrences thero for manv months.
Other Manhattan builders have been
operating In that borough for some time,
but none so well known as this ilrm.
Howard C. Pyle Real Estate Company
negotiated the transaction.
;
WESTCKESTER REALTY ACTIVE.
1
91,000,000 Worth uf Land Sold hf .
One Compan) Outlook (iood.
I
Reports of sales for 1913 mjii
through ono offlco dealing In Westches. I
Westchester had un actlvo market. I
Robert K. Farley, president of the
Gedney Knrm Company, Bcarsdale Ks
tatea, and tho Westchester Land Kx
change, reports that closo to $1,00,000
worth of Westchester property was sold
through his offices during the year, This
IneliiileH nenrlc ?.'i0.000 111 sales 111 tho
new development of (ledney Form nndMo,'" ur'' dwellings for ono family
aunroxlmately $400,000 in tho Scars-' ,,'ich. The operations will cost $80,000,
dale Estates. At Scarsdale many nflLnni houso will bo 20x13 feel. Five
thoso who bought during the year have
made Improvements. In (Jreenacres
alono $200,000 worth of dwellings have
been built iluilug tho year.
Mr. Farley In speaking of the
look for Westchester real estate sold
that In view of tho good showing dur
ing tho past year he feels conlldent
that 1914 will surpass 1013. Ho bases
his views on Iho fact Hint many fami
lies In New York aro awakening to the
benefits of country living. Thousands
of pijnplo are seeking Informiilloii on
the point und It was to furnish Ihls
information Hint the Country Llfn Per
manent Exhibition was established In
the Orand Central Terminal.
92:1,000 i:st sum: waiuiiiodsk.
Plans' hao been filed by Frank H.
Qulnby, architect, for a live story ware
house on the southwest corner of Cherry
ktreet and Must street, fronting 100 feet
on each street, Kdlth M. K. Wetmore of
waemiiKinn, w. i .. i m n i""i...
The Fidelity WHi rhouse Company Is the
lessee, The cost has bpen fslhualeil at
$25,000.
HltlHIKI.VV MOVIi: I'LA.VYKII.
A ono story motion picture theatre, to
cost $9,000, Is to be erected In the Flat
bush section of Coney Island avenue on
a lot 34x00 feet. Thomas .1, Cox of 2025
Kast Sixteenth street la the owner and
James A, Boyle of 367 Fulton street,
Rrool.lyti, Ihu architect.
1 1 naaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaal
lWMi1LIIIIIIIIIIIIIH
money was spent lavishly In nttalnlng1
the amhltlon of the owner, which was
that his home should be tho equal of
any, not only In New Jersey but in
other States In the country In a
measure he succeeded in his ambition
for Florlium Park Is an Ideal country
home, containing everything that will
BROOKLYN MARKET SLOW.
lIolliln llrliiit I.IkIiI TraUlnii
I'lnns for tr llntldliiB.
Transactions of any consequence ne
gotiated In Brooklyn during the past
week were those In which skilled op
erators or far sighted builders par
ticipated. Purchases for development
was the principal feature of the news
of the Week. A big corner plot ad
jacent to the borough lino at Ridge
wood, on which stands an old mansion,
was purchased for Improvement with j
j apartments of the two story and store.
type, a class of buildings which the I
buyers, Meruk May, haxe found easy j
to dispose of In this section. The prop
erty has a frontage of 100 feet on For
est avenue and 125 feet on MadNon
street. This parcel Is not a great dls-1
tance from that where the Ring Gib
son Company Is to erect thirty-eight
four story brick tenements at a cost of
$161,000. Home of the tenements will
be erected on Madison street cast of
Fresh Pond road.
In the Borough Park section a semi
suburban territory, a whole block front
on Fifteenth avonuo between Thirty
eighth nnd Thirty-ninth streets Is to
be improved with flvo high class apart
ments by the Sherman Holding Com
pany. Maxwell A. Cantor Is now pre
paring plans for the structures. On a i
nearby plot, 100x160 feet, on Klghty-
ttrstt strpct near Fifth nvenuo Kdward
Kd wards will erect eight ono funilly
dwellings.
A striking fcatute among the sales
itf 1 in tlll n iu riiimplA.1 ii'.iu .1,.. if ll.mn
fouP Mory ,)rloU ,,.m.lm,llU ul ,09f ni
um , 5 g , , ,
or, T. HIegel, bought the property from
hlrls ,v Mamnaii, operators.
Two family dwellings wero most
prominent among the plans filed for
new buildings. Tho plot on Parksldo
avenuo recently sold to 13, H. Bishop
& Sons Is to Ik- Improved with ten two
threo story brick stores and dwellings
aro to be erected on .Seventy-sixth
street nt tho northwest corner of Fifth
avenuo at a cost of $25,000. The build-
Out-lings will each rover a silo 2tx60 feet.
Another 'nuilding of similar construe
tlou will be creeled on Fifty-fifth street
east of Fifth avenue, nt a cost of $20,
000, which will be four stories high and
situated on a plot lOxSS feet.
69 NEW QUEENS BUILDINGS.
Plana Piled Lost Work Show To In I
Coal of anil 1,1100.
With actlvo building operations nt
this hcuson in Queens the outlook was
never more encouraging than at pres
ent. Superintendent John W. Monro
has not as yet compiled the figures for
tlm year, but estimates makn It appear
that the totals will be less than In 1912.
but tho decrease will bo less than In any
oti,rr borough In tho cltv
'"I " 1 'r " , , ' ,
The last weekN operations went over
tho half million mark. There wero
slsty-nlno applications for new build
ings of an estimated cost of $56-1,162.
An up to dote moving picture theatre
Is to be built In Collegn Point, It will
bo located at Thirteenth street and
Fourth nvenue. Tho theatro will lm
built by Paul Besslo nt n cost of $10,000
and will be of brick, ono nnd two stories,
In the Long Islam City npnrtmcnt
m mxst ,
house district Angelo Capone will con
tinue a development by the erection of
a number of three story tenement
hotiM'S on Potter avenue, near Theodore
street, nt a cost of $5,600 each, Charles
Sohl will erect seven two story frame
dwellings on Thrall avenue, north of
Fulton street, Woodhaven, at a cost of
$14,000.
Activity in the Rockaways continues.
At present, there Is more building pro
portionately In the Fifth ward than in
any other section of tho borough.
Among the permits usked for this week
were those of John H, Naiighton to
erect a number of two and a half story
frame
ninu- cmtimvii of p-Wnl iIosIrii mi.
b.B
It. M. Kli-enberg will erect a three story
I
Rock
R. M. Kls-enburg
brick hotel on Wave Ciest avenue at
the corner of Watjean court, at a cost
of $30,000. The T. A. O'ltourke Com
pany will continue lis bungalow de
velopment by the erection of twenty
live on'e story frame dwellings on
Thetis iivenue, south of tho Rockawny
Reach rioiilevaid at Ituckawny Beach,
at a cost of $350 each.
BIG DEALS IN QUEENS.
More Thnu 7..0,OOII Itrprrsrlilnl In
I'roprrllca nld l.nat Week.
Activity that Jinn marked real estate
operations in Queens dining tho last
year was continued In tho final week,
during which thcro were a number of
important transfers, more than three
quarters of a million dollars being rep
resented in the sales, ltulhtlng develop
ment this year is anticipated on nearly
"'one l!!fZZ del of tho year
wns made In the Corona section, where
at Corona Park, which Is to derive tlin
bcnellt of one of tho exteiiilons of the
dual subwny system In Queens. 1", lie
Mass Slmousou sold to tho Knvlrnus
Realty Company a total of seventy-live
lots for about $60,000. The lots nro
scattered through n section bounded by
Corona nvenue. Dock nnd Mill streets
and tho Flushing; branch of tho Long
Island railroad. Tho purchasers will
now stnrt the erection of one and two
family houses.
SlMy-ono and a half ncres at Floral
Park, lying partly In the Third ward
of Queens and partly In Nassau county,
with a frontage of 1,632 feet on Little
Neck and Floral Park road and extend
ing lo the estate of William If. Vnnder
bllt, Jr., wero sold by James .1, Fine of
Providence, It, ! nt u reported figure
of $110,000, to the New York Associates.
The Ktiiyvesant Really Company sold
to the Akron Tire Company, a plot con
taining 17,3i square feet, with a front
ago of 217 -feet on the south sldu of
Slillliiiau nvenue and forly-threo feet
on tho east side of Moore street, This
plot Is luiim-il'intcly adjacent to the new
freight yards which are to be con
structed by the Long Island and Penn
sylvania railroads In connection with
tho Xe.w York Connecting Railroad.
Pinna nro being piepnred by tho pur
chasing company for a big factory
building. Tho prlco paid for tho plot
was $10,500.
The Normal Lund Company took title,
to twenty lots In the vicinity of tho Ja
maica. Normal Hchool, west' of Flushing
avenue, cast of Orchard street and south
of Ocean View avenue, from Oeorgp C.
Iluecher for $17,500. This property has
been taken for tho erection of dwellings.
Mnurlco 13, Colin purchased a tri
angular plot nt llayswnter In tho Rocka
wny section, with a frontage of 426 feet
on tho north side of Westbourne nvenuo
east of Kensington Hardens, The re
ported price Is $35,000.
add to the beauty
of the tilace.
and comforts
Besides the tesldcntla: b i.Idings there !
i.r..u,i.l
houses, lodge-, elo'ik tower, cottages
for the superintendent of the place, the
chauffeurs and others employed nt
Florham l'ark. Then there Is a pic-1
WILL MAKE TRAVEL EASY.
.New I.. I. It. II. rrtloii to ( tinned Almotl I ll.lMIO.OIIO In tlulldins
With Mlrlnway Tunnel anil nhn. l)ieralliin I'lnnneil In 12 .Mantua.
Within sixty days the new Mnt'on of I Newauk, N. .1., Jan. 3. History was
the Long Island Railroad tit Fourt'i and made In the building operations In New
Van Alst avenues. Long If'.and City. 'ark during the year Just closed, when
will be completed, according to a -tate. more than 3,to0 permits were issued for
ment made by an olllclal of the com-' new structtiies, representing an estl
pany to John Adlkes. chairman of the '. mated aegtegate outlay of $15,901,173.
transit committee of the Chamber t This l the largest amount of money
Commerce, last week. The station will ! ever spent on buildings in this city In
be nt the mouth of the Stelnwny tunnel ""V one year, the best previous high
flu work will 1' started Ji't ns .turn
construction of tho connection,
bctwten the bridge plaz Matbm In
Long Island city and the recontructlon
of the Stclnway tunnel bae priicrest-rd
to the extent of warranting the ilxlnc
of a time for tnr inauguration of the
service In the tunnel. The railroad com
pany some time ago nunouueed that It
would plan to operate a service that
will give It patrons, connection with
the Manhattan subway s stent through
the Stelnway tunnel. Tills will be one
of the most Important services on the
Long Island Rallro.nl and the entire
district between Jamaica and Long Is-
i ,ani) t-lty
The .Manhattan and (iueens Traction
Company, which operates the line now
extended on Thompson avenue- and Hofi'-
ui'in boulevaid to Jamaica, announced
that beginning February 1 It would In
augurate through service.
'GOOD YEAR AT MOUNTAIN LAKES.
li'JO.IMIO Worth of llurlliiiK and
llnlldlliic Mies Vn olil.
The year Just closed was the best In
the three years hKtory of Mountain
Uikes Residential Park, near lloontnn,
N. J. During the year $620,000 worth
of property was sold. This Included
llfty-seven dwellings and twenty-six
plots which will be Imptoxed with
homes during the current year. Since
the Inception of tho colony In 1010 $1.
535,280 worth of houses ami building
sites was sold.
Altogether Mountnln Lakes has 200
dwellings nnd a population of 1,200,
Boontou, which Is fifty years old, has
5,000, During the rnr. besides the
building of more than u half bundled
homes, six stores were built for the
convenience) of tho residents of the
park, a $60,000 railroad station was
erected nnd two churches are now under
construction,
WESTCHESTER ESTATE SALES.
crrl lluy Plots at llnrlailnle anil
(irdney l-'nrnia,
Tho Scarsdulo Estates has sold to
Dr. Ralph H. Ryan of Hcnrsdalo n plot
opposite tho Country Tennis Huh ut
Ilartsdale, and Eugeno J, Lnmr has
been retained as architect to design a
$10,000 residence, Tho same iiehlteet
Is preparing plans for n residence at J
Murray tun, ono or tne properties of
tho Scarsdale Estates, to cost in the
neighborhood of $12,000,
The (ledney Forms Company has sold
at (ledney Farms, upposlto the new
hotel, two plots to C.eorge A. ami Johrt
A. Thompson. Robert L. Ktlllson, Jr.,
bought a plot In the same locality, and
on Rldgeway, near the Oedney Farms
Country Club, n corner plot of one
third of nn ncre hns been sold lo
Charles Long,
Lookinq .South from'
Tower iz?
iiresiUe lake, with Islands spanned by
'i rtifti" i-ridgra -,vh! h Wirt matin to
harmonize w.thMhc scenery. The resi
dence Is a large stone building that
would be able to withstand a siege. It
stands on u knoll, tho highest to bo
found In Hie (i2 acres In the pari;. It
has thirty rooms and every convenience
that modem builders can supply.
Near by are the greenhouses which are
reproduced above. Thev alone cost a
small fortune. Near the entrance to
th paik Is the clock tower, a shaft of
lirn k and Indiana llmestotio which
towrrs over everything In that part of
tho estate. Well up toward the top
are clinks which face to the nnith,
siiu'h. east and west. Life and bul
nes of the country for mile about
are regulated by these clocks, for
watches and clocks In tho many homes
in and about .Madison are set by tho
tower clocks. Just above the clocks Is
mi open observatniy. Over that H an
pip loncd compartment topped with a
round cap like un Inverted bowl. Out
of that is a tall flagstaff. All roads
in the estate, lead to the tower.
There are seven principal road4 In
the park and as many more by paths
leading Into every nook and corner of
tho woodlands and gardens. The prop-
erty wus bought by Mr. Cole n few
days before Christmas through the I'l-
ilcllly Trust company or .Newarit. .Mr,
Cole will make It his home.
NEWARK'S RECORD YEAR.
mark having been made in l'.iO'.i, when
' l"Hit $14,000,000 un rNpomlod in a
' m.lldlng om. The giand ,,, for 1,12
was $ 1 1 ...JS.3..S. m,e than $...0UI',000
less than the outlay of Mm year.
The department also handled dure on
to $3,000,000 noitli of building plans
during the month of liecember, which
eMabllsln's another record. According
to statistics compiled by Superintendent
of Buildings William P. H'Rotirke there
was a gala of about 30 per cent. In the
building operations in Newark last ear,
while most of the largest cities of the
country wero showing a decline In the
building market.
The new ordinance extending the lire
j limits on frame buildings, which covers
practically the entire city, went into
effect Thursday. It was on account of
this ihat there was such a big rush for
j permits during December. About 500
pel mils were granted last month, more
than oue-tliliil of which weie taken out
during the last week of the yrur.
Permits for lhirty-thie three story
frame thiee famllv hone weie taken
out by the I'nlon Uiuldiir Company to
be erected In different sections of the
city at n cost of $200,000. Fifteen of the
dwellings ate to be built ut 'i'.'ti to 72S
Mount Prospci't incline, in tho exclusive
Forest Hill seel Ion. leiiesentlrm an ex
pendltllie of $00,000. About ''O.OOO Will
be spent on thirteen houses In Seymour
nvenue, Rose terrace and South Tenth
street, while $20,000 mole will bo hpent
on fio other houses In Avon avenue
and Rose tetnice,
Andrew lUnlel of Bridgeport Isanolher
heavy Investor In the frame buildings.
He has been granted fnrly-slv. permits
for buildings, on which he Is going" to
spend about $170,000. Thirty-two of the
buildings are to be two and one-half
story single family houses In South Fif
teenth street and Fourteenth avenue,
which will mean an outlay of $I2S,000.
while fourteen other houses for three
and five families In South Thirteenth
and South Fourteenth striets nnd Four
teenth avenue will mean an additional
output of $61,000.
About $iill,(i00 will be involved In eight
llirco family houses In Eighteenth and
Nineteenth iiwiiuos which nro to bo
built for the (irnlnn liiwslmcnt Com-
pan and Matthias Hlltgcu. Milton M.
L ncer is to build fourteen thiee store
frame houses In South Sixteenth street
between Eighteenth nml Nineteenth
avenues ut a cost of $63, 000, while the
Ciunrantee l.ind nnd Improvement
Company Is going to build five three
story fiame Iioihoh, with stores on the
giouiul floor, at an expenditure of
$42,iioil.
Min i Is Racliliu is building a row of
live three story frame houses In Soul Ji
Tenth street, Third sticrt anil Rank
street to cost 3u,o00. Samuel Kufclorf
will build five more three story frame
houses In Fifteenth nvenuo und South
Tenth street that will cost $25,000,
Chnrles II. Wang, Louis Simon and Mer
man nnd Minnie Horn arc building
twelve three story frame houses In Six
teenth nvenue, South Thirteenth nnd
South Nineteenth si reels which will
cot $i;6.iini)
I Br liAl'ltRXCn M. I. MrGBIftK.
PrraMrnt the- Ileal Ratatr Board af
Mew York.
The Real Estate Board of New York
through lis nctlve membership of 200,
i which Is the limit under Its constitution,
and Its aa'soclnte membership, repre
sents In money morn- property than nny
other organisation in thla city. One of
Its nctlve members has tho entlro man
agement of mora than $70,000,000 of
Borough of Manhattan Improved prop
erty. In Its associate, membership it
has some of the largest Individual prop
erty owners. Ono of tho purpose of
the board 1st to bring In closo touch and
harmony the professional real estate
man and the property owner for their
mutual advantage. In order to work
to n successful end there must be honest
cooperation. Their Intercstfl must need
He Hlong the same lines. Tho board !n
broadening its scopo nnd creating Its
associate membership had for Its object
the forming of one largo central body
to represent real estate in Its broader
sense.
It has not nnd never will have special
Interests to serve: It has nn surplus or
capital upon which It will be expected
to pay dividends. It will never be usrt
by one or a combination of individual
for selfish purposes. It Is governed by
a constitution which makes this Impos
sible. Tho board Is equipping Itself t
right the Just battle of the III used and
abued property owner. Through l1
legislation and taxation committees and
Its sub-committees it w.ll watch care
fully proposed legislation nt Albany, '
will not only oppose, it will create. It
will be in close touch with tho Board of
Estimate and Apportionment and In
doings nnd will through Its sub-coin
mltte.j lie alive to all that Is pcnibnc
the Hoard of Aldermen.
When an unjust or Illegal or.h r
Issued by any department the Rl
Estate Board propose to (tilt t -(lf i
position to combat such un older wi'h
all its organized strength. While rnak
Ing rapid strides, the board N onc!oix
of (he fact that nil It work mu. '
necessity be carefully planned and c
cuted. Knowing we are lo be Judi;
by what we accomplish, c are c u
tented to wait. In tho Interim we VuiiiL
the real estate inletests ef tho State of
New York to know (here Is one orgai.
zatlou which has for its mala object 'h
conserving of the Intcri-M of all t'
property owners, the ndvanceni. r.t i f
general real estate and the establishing
of confidence in those who would pur
chase.
The bontd's mortgape loans comml't' "
lifts been hard nt work nnd will short'v
in esent what lt promised to be an Inter
esting report. The stock list commlttei
will shortly have recommendations t
make which will be of great Interest t
all real estate investors. The Industrie
and building code committee Is mni
ping out a plan of campaign never I"
fore attempted by any organization, an '
In thl part of its wotk Is being a di
by the legislation and taxation com
nilttee. i ine needs but study tile make
of these committees to discover the
efficiency and feel satisfied that i s
portion of the board's work is n
excellent Hnd competent hands Tin
members of these committees are en
thiislastic hard workers and all peop
Interested 111 teal estate will, I beliex
realise shortly that the Real Esta'
Hoard of New York is nn orgnnlzaiii
which Is equipped and capable of ivp!
editing real estate in its broadest sen-.
The executive committee of the bo. .
I really Its 200 active members, rcpi
settling the highest type of professn
real estate men. who by reason of the
calling are In touch with the real cs'a
situation In Its every phase from day
day, and this will be accounted
mnln reason for Its miccess, urgnn
Hons have come nnd gone, tho 1
their executive committees, who
a spare moment or two occasiona'H '
what nt the time appeared in in,
need. In the Real Estate Board a
the buslnes time of the active nu in
Is given up to real atale. There i
not poxslhly bo a better combination
producing lesults than professional '
estate men nnd property ownei
PUSHING QUEENS TRANSIT
lilrtalcil Itonil nml Slelntras Tun
nel ,imt In He Joined,
Within a month work on the
uectliig link between the mouth
Ptelnway tunnel In Long Island
and the Quecnsboro Bridge plaza w
begin. Surveys were started last w
by engineers In the employ of the l'
non Contracting Company to locale '
lines upon which operations will be
rlcd on for the construction of the '
Those In charge of the work say '
will be llnlshed within a year.
With the awarding of tho coutr '
the work In the sum of $577.77
fourth section of the dual transit l i
Queens has been contracted for U
Is now progressing on the sjeconii
nue and the Roosevelt avenue i
sinus of the route and the work
connection between these two 1.'
the bridge plaza station W to 1
plelcd within a mouth. Tho i"
matnliig section to be contrail-
Is the alteration of the Stelnwiu
proper. Plans lire now being pr
for tills and the contincls will
as soon as they are HuMicd
Tho line upon which woil, vv..l
be stalled will extend from tin
of the tunnel at Fourth Mi-
Yau Alst avenue, nnd will '.
along Van Alst avciup v
street. It will rlien fijjlow v
street across the freight .Mini
Lung Island Railroad.
(irr.osiiuiio iiiiiuiii: tuvi
Increase In the niunl', i
crossing the Queensboro IbalK.
b"l 2'.i. I!il3. over those ci..,.
tober 24. I!'12, was 22.231
cent. The number of vein- w
on these two ilas. a tcir 'pn.'
creased from 3. till to li.'itil or
cent This Is very Interestine '
the fact that under the pin
Bridge Department fur -
Rapid Transit train" m m .
horn Bridge the prese'ii '
of 53 feel w JI be nan- .u i
fret in width