Newspaper Page Text
- SECTION 8.
TWELVE PAGES. mt3 tttt AND NEW YORK HERAL Real Estate NEW YORK, SUNDAY, MARCH 14, 1020. Copyright, 1320. fcy the Sun-llemM Corporation. HOME HUNTING TRIPS THROUGH THE SUBURBS OF NEW YORK Attractive Seven Room and Attic House Now Nearing Completion Is Presented for the Attention of Those Desiring to Reside Within Easy Commuting Distance of the City. ; "REBUILDING OF ENGLAND" SHOULD TAKE SEVEN YEARS " v - il Tli hoiub of modified Dutch Colonial design will bes ready for occupancy about May 1. It will cost 1B,500 and wili require u cash payment of 3,000. It Is N'uated In a restricted residential colony thirty to forty minutes from the Penn sylvania .Station and about twenty-five to thirty minutes to the Flatbush Avenue Station of the Long Island lUllroad In Brooklyn. There are. twojrallroad stations nrur tho property, ono on the electrified branch and other on the old steam division of tho railroad. Thero aii twenty-seven trains that leave the electric division station in either direction dally and seventeen on the stcum division. The construction Is frame, with stucco finish, Summarizing briefly the features fit the interior they inchido nn open fireplace, a "breakfast, nook" or alcove off i kitchen, built In bathtub, shower and an Instantaneous hot water hentc. I'hc foundations nro concreto nnd tho roof of slate. The main porch faces nni Invest. n;id the Ifind measures CO feet front by 100 feet deep, The first floor ,iatii!J a large living room facing southwest and opening onto the porch,' which r . 1 1 - t he entire depth of the house. Tho living room has a mantel over the lire r unci like nil tho rooms on tho first floor, Is finished in natural oak, There pi. .inplc base plugs for ornamental. cm 'trio lighting. The entrance vcstlbulcr - tin- way, lins-a tllo floor and a good s . il coat closet. rhi" dining room has a window seat ami the kitchen, hes)les having the tir .iktast' room alcove, has a Jloosler rni.imt, broom closet. Ironing board i 1 1 'Mill electric plus attachment fbr ir nine and a folding Ironing board. 1 in n is u revolving garbage receptacle m,. I tin Mtrhen has a rear service entry n li huilt In refrigerator. 1 hr second floor Is finished In white i niHjnel and the floors throughout are 1 cm. rhe second floor contains two mas tn's bedroom, one guest room and one eh'id s bedroom and the bathroom. Each rerun has a clothes closet and there Is an evra closet In the hall, There nro triple j mirrors in the master bedrooms and r ngle mirrors in all the other, sleeping tr.i.ms. The bathroom, besides having built tn tub, has a pedestal lavatory and ei down tank. There Is a triple mirror wiHeine closet above the lavatory. 1 In' attic Is arranged so as to give a tm. runs amount of storage space. The lii-d rooms and living rooms will be decor- hi.il t r. fcult. The porch may be enclosed i .. 1,1-, ..I..,..., 1.. , t,,A If .ln.,..l rru. I I..., ii i f this house as well as those of others which the owners will agree to bill,! mi contract, may be changed at H . tunc according to the wishes of the i baser. The owners are erecting a ..in hI market In the-main thoroughfare! ..i--utg the development, which Is only tl r. . block.- from the house. mi1 from its proximity to the busl n. - - and marketing centre, the house Is not more than a half hour run from one i.' 'In most exclusive Riid noted water-1 i'i places in the vicinity of New York. Tin automobile roads 'are as good as ' can br found anywhere, and the owners si. i reams a 10n-foot front two stoiy r. in.,- near the large central market r'-i 1 lie plot on which the house Is i- i iitcil is however, ample for a gnrago nil driveway it the owner desires 'oj win-, I, lit, UJtH'. 'if- i'f the most noticeable feature" of tl.. rolnpy is the Inndr-etping. The l".'ii Mird In which this house stands In Knaded by prize sycamore trees. vAdja r,nt streets have lusty young lilaples slruicly well grown, and the ral'ioad Mat ion un the electric division is in kcep ii with tin artistic surroundings. It w.i- built nt the expense of the develop ing compare and turned over as o gift !' til. rallioud I he owners of tins development have t hi a few houses which nil) be ready for MJiing occupancy. It has been their tiMnm io .nveiop tnelr plots by con i.m liul.'riint.- Tl,,.!. ivi hi,iMi.. l"t- m th section just described and are r. pared to enter Into building contracts ith protective home hiivpr n,,H ,,. in net v or aicnitectural types and '-or i,l;iiis to offer The company has ("i.t'islicd its own Plant with .MIni in i tfnuu lumber and trim for its houses 1 t." p.uts wliieh are especially ha;d to riiek deliveries of Just now. n..ng tiiesc bouses. Including the iiennnen amove, may be accum- led undt-r two clans. The first re- 1 ' " - an m.tinl paym. nt of ten er cent J; Tobln, Albany: Oeorge H. Ijlweli. avenue, mYtheasl corner of Forty-nlntli th.- execution of the contract Wellsvllle. street, a four story tenement, -",xf0; No. ' monthly instalments thereafter U has been said that there would be 1 53) west Fiftieth street, a five stoiy ' Ml 10 one and one-half per cent of a large Increase In the State Income tax. ten-mint, 23x100: No. 327 East Korty '' unp,ud halanco. It has also been charged that the present ; third street, a five story flat, SSxHkV ih. seeond plan requires twenty per r.tes could be doubled and tripled so nn(j No. Hl Kast UTlh street, Hamilton cmt ,asli down. This plan cuts the easily that extravagant or unnecessary 1 psh leasehold, a four story building. i'.iiihl payments to one per cent of 1 appropriations rfould be encouraged. SxM. tli uniuiid balance. This plan of pay-1 There are also the questions as to taxa- j in Brooklyn: No. 557 Myrtle avenue r, in 1 an s for the reduction of the pur- ' tion of non-residents, the possibility of ' northeast corner of Taaffe street, a five cli.i in.'iiev niortcatre and the interest ' Ar,A.".t!nn in Incnmp tnvntlnn with" ,inn- fM, 'V.vT7. 1 w. riimn,, qvAm... in hie same, and by a process too in-' it A..ic to attempt to elucidate here, re- sv,. in the purchaser owning the house , tn i .tn.l cIct- in about ten vears. in. owners epre.-s ihelr belief that It I" the advantage of the buyers to gef ih' ii- mortgager paid off as quickly as p.. Mhl f1 ft house, a casu payment 01 wm ; monthly cliargft thereafter would i k ... .,t,i kxinfiAA i ( i villi U lllr lillll.U ckHl.v. t. of su..i, which would be $13. or $1,500 a . Iloineseekers m thecc times of high , i '-of necessaries nnd luxuries alike. lls'-.iU. w-imI tn .-nrn' ti.pt whnt thplr ' '""' ...... a i ,nl ' overhead'' or "carrying" charges' if they Join the home owning ; ks Leaving aside the quest Jon or I i tcnanec and repair, which at best Is j "i k m.ni ten.mee nnit rennlr. which at best Is I i nn account of the general In- . . i ... imjsv mnrniiw i v. iai ...ii ji.i WimKmn -,vr,,, nnni.. tenement at No. 575 Third avenue. M8I. I ,i..,i,i,h r n, u,w,r ,.i-,,,o iinrnm.li ! Uelniont tunnel serving the Astoria and nennlred tlireo thousand acres of condition of currency. They ex- froin xew Torit State will be Hon. Mark east corner of Steinwav avenue. to There will also be offered Nos. :'3 and freslilcnt Connolly Inst week had the I Cjrona lines in Queens, the Fort -second ground for the development of a hous- - UU1- lIlaL """B u Graves Deputy State Controller; John - and tin ee stoi building, .!!. a vacant , i.ainarmc street, a six story tencmem, , nMtt. r it ftrrm! tu the lioard ur Asses-: resiown aiei ;ne naui-on avvnu-i ain mg sencme. in j.nri'joM, i eniy-s? en in .t .,nti.-ipate. a sudden or marked dc- f jie.j( state Tax Commissioner; . lot. SxlW. on the south side of Pavntar S3.llx77.llx Irregular; the northwest cor- I FOrs to determine It the property In the , Lexington avenue surface ear lines. ! hundred old houses have been listed ior f i n n lliey do believe it will work to , ' . ' . 'M1s chairman of the Joint ' avenue, fifty feet west of William street. I er Second avenue and Klghty-second district will near the great assessment, i A Contrmpl.tUd Improvement whic'.i conversion into flats and eight hundwi ii adantatre of permanent hnnie own-' pri9.ltlye Committee un Taxation !r, Lsr.g IsUw.d City. -.Jreet, i feur lnry teaerant: Vo IIS T!k-i is.cn timht tha M r rrv-rt f" te i-'-ou'd go n lnmr ueP lew-ml the, and fnrtv-three Iwve mrenily t'een I- r tn t,e rid of heavy mortgages at the j ' ' from other States, Arthur N. ' In New Jersey: No. 413 Palisade ave- ! Third avenue. fie storj tenement. 2l.s IhmiiI will be fmoiablo. This cek ne iiabiiiiaticn of iva.it Forty-second street, j tered !i private intirprlsc. Birmlr.g Muinuon of six or seven yearj at least. J;1 - b o( tne N. jersey nue, northeast corner of Griffith street xHXh Nos. OS nd lOOGreene street, two five 1 will apply to the Hoard of Kstimate for east of Pork avenue. Is the removal of ham has bousing sclumcs Involving an Huv. rs of these houses are advised to ' c" ' to invesieatc Taxation' Will- Jersey City, a three story flat ntory loft buildings, 2jxlOO ech; Nos. :C prelimlnarv authorization to advertise the old elevated structure with Its , outlay of about J.1.000.000 and la planning ..'Inpt the twenty i-er cent cash plan. J-ommn tee io Connecticut State Tax ' No. SM Fourth street northeast corner ' and 331 Crimmlns avenue, five storv for contracts. The plan of the'real cs-j shuttle trains, now belli; advocated. to complete one thousand houses in two In- w i ill III nieiin nn th hnqlM of n r lam rl. Uiouht-V. i."iiiityuv-. ..... . . . r-t-n. m .. m, I . . 1 ...... ...i.i. i.A u ....i. I im.i ot...,,,,A l.ou L l rw t t mn-t uncertain charge, although in the by Professor Cart C. Plehn, of the Unl '"" of a njjw house. It Is usually quite verslty of California: hjlngman Nott i" iisihle for tho first two or three J Robins, of Rochester; William P. Capes, j- the actual yearly overhead on 0f the New Tork Conference of Mayors: Tm- $r,..v.O house would be as follows: i Charles J. Tobln, former counsel to the .V'.'a-age amortization charges.. l,E0O.0Oj State Tax Commission, ami others. T.i , loO.Oo; M. J. "Walsh, president of the State Tax Wit. i rent 1130 i r.A,miclnn. will resDOlid to the address i - inu ee . 111 111 I l,l,-..UO 1 1 ,1 -h. .Xilem one" j th. foregoing or: " rtgage amortization charges.. Jl.xrH u ai. i rent I durante I .tdl li'rjl I ItB '.S3 The eommutation charge for fi sixty t- p ticket trthe Pennsylvania station. 41'iiih.ittan is $3.30 and to the Flatbush r.ne station In Brooklyn. It Is $7.10. leaders desiring to learn the location ot th. house nnd oUier details arc asked to i- 'mmunicate, by mall, with the Real Lv-ite Hditor of Tho Sun and New York ll'T.. l . New Jertey Home Buyers. L. N Nicholson & Co. sold to James H. w,"if, dwelling, 60x10), in Stuyvestant 'r,iur,Lj-ndhurst,N.J.; to Juan Carlm, r.".-iiow. 33.1x50x10', Irregular, ln For- ' ve. nue. to Louis G. Brlggs. cottage, : ' in Adlcr street; to Clarence M. lj'n. i nnd Afmlnta MacDonald Irish, Oun&nows. GS.txKO each; In Forest ave-, " 1. - S . - 1 - . rx.., M .1 ... . 1 1 ! .. ' . .I'V II, Li. uy fcinnil. untiniis. In stuyvesant avenue; also In fi" rrford. N. J., cottage In Chestnut 't, uOvao. to Henry F. Nielsen and Oe'lima in Pierrepont avenue, to Kdwin Von lloene. Sale at Arleigb, L. I. tir!(rl-6rown Realty Company sold to J r, ogdn a two story duelling lnOlt niiri averue. Detwecn Lawrence etreet rhau-,eey street, Arlelgih, I I. i fc Jzs??mBarMmMMF i I ml I I IU " f Jtk a1 irT-i """"" i IT1-"" f7n51 ' , I , ' l n M'l r '. r r' - m ill i j i r -v. e tin ir m 11 i IS ! a "r 18 ...... I FR5T TAX CONFERENCE MEETS THIS WEEK Stale H.xpertS 1 Discuss Big" Jroblems ot Raising Public Revenue. The programme of the ninth N'ew Tork State Tax Conference which Is to be held at t'tlca tiext Thurniay and Kridas. promi-es much constructive thought and discussion on 'numerous tax problern-i now before the people, both by reason of the subjtct, which have been f"hv J and the speakers who have consented to appear. The a-afss;neiu and collection of lo.uT 'ax?u. t -ubject for the afternoon and evpnlnS of Thursday, is of wide Interest both b,cause of the ref,?n' Manses n real estate values and because of thp Increased tax levies. Among the offi cials to spitak at this session are Messrs. Wesley II. Maldcr, Corporation (-'onsel, Gloversvlllc; T. U Grcenman. supervisor, Xnsjau; Oeorgc M. Sutton, cltv assessor. New Itochelle; Julius A. Itoberts. clerk, Beard of Superrlsors, Kllzabethtown: ly.vrli K. HocKerellcr, ' Deputy State Tax Commls-ioner, Charles nn'f-hwin? States nd the federal gov- , ernmCnt, and especially the further steps i .io..'Mnninf- tho fnrntn tax as a sub- ' stltutc for the partial or lnaaequate , in Queens: No. 116 Boulevard, notth- J0IU1 i. iom"j. -ml .ki htm - The (Juecns Topographical Imreau lias Kreui n,ausu iuu jhhih. .m uib ijuuu using sneei sieei lor uwcums uuuse tun levies still being made upon intangible . east corner of Walnwright place, a Ho;vpc"d street, a four story dA elllng, , jllst completed all the maps and plans I converge the New York Central lines. I struction. and to some extent even upon tangible storv hotel. 100100: No. 51 Jamaica nvo. ' 1.10xt.!; a four storv tenement at No. for the district, and the Queens Sewer I the New York. New Haven and llartfoul , Among the larger municipal underlak- nffinnl nrnnertv. 'wu,"r' v n " , V Tax rtf Thnnms H. Aaams. 01 lair ) w ' T " I 11 verslty. Special Adviser to the Liiited u i fiu Pommiss oner or internal neve- nue. C. K. Reeves, of Buffalo, will open a discussion on taxation or puouc nun- tl.. - . ... t - Ouelons of expenoiture. Duafcrio the sources of public revenue as affected ( uv the present policies of taxation or ex- j emptlon from taxation will be presenteJ v,nH . .v ......... T. O'l "nh. re enme'bv Mayor James K. O'Con- j nor of Utica. Greetings will also be ex- '. T C.I.I, fftrmiir VflVOr V memUr 1 lenuea u jhuic.t . ....... -- j JUX LOIIII1II-.JI"'" 1 The present officials or tne htate ia.x Association are as- follows: President, , kigden L Mills, New York; Vice Presl- dents. Edwin R. A. Sellgman, New Tork; John J. Merrill, Albany; unaries J. opcrau.m luice i "'!""'' Tobln Albany, and William J. Wallln. age. The main building Is to be a mo- 5eerearv-Treasuier Leo Dav 1 Hon picture theatre upon the ground , lvVrl&TMTlSbtloor. With a seating capacity of l.ao; j York Executive Commlttoe-Walter II.! ft W ,f Hf ".ea re lobby are t Aihnni- tnenh S Schwab N'ew I to be th entrances to the apartment lv"a,?.Pw. ii5my Zm Bahore- P I htel. the main floor of which is to be York; William &. Downs. Bhore. P. twenty-five feet from ' ":hln,a"dar& 5h TZl the street level; this floor Is to contain Kllzabethtown; Henry M. Andrews. New York; Charles E. SmIUi, Blnghamton; J. P. JJoller, Schenectady; D. II. Cor coran, Ogdensburg: Joseph A. McQIn nies. Ripley, and 'Martin Saxe and Fran cis N. Whitney. New York. iu..ci, -.-...-, -- Dealt at Mtlbi, L. I. Malba Estate Corporation. Champ & i rascy agents, sold at Malba-on-the- Sound. L, I., to Warren TV., Dunnell. of j the Allied Machinery Corporation, MxlO), acant. In Kourtn avenue, tor improve- ment with a. residence; aJso to J. A. J j,,n. icertHtlon and rest rooms arc to Stevens additional ground adjoining his j form q prominent part of this building, residence In Malba Drive. feature of the entire undertaking is . ., , to be the use. of fuel oil for the heating , rtetale at Far Roelcaway, L. I. and lighting of all the buildings Appli- , " cation Is about to be made to the build- Lewis II. May Company resold for ins authorities of the city for the Morris Bleber to Charles A. firon a two j promulgation of rules and regulations and a half story dwelling In Ostand for the utilization of fuel oil for this place, Far Rockaway, L. I, This com-1 purpose. Thd architect Is W. Ncw pletes the reaal of the three Kean . mann. Tho Stoeckel rttalty Corpora.- i house. I tlon was the broker. 1 r SnRfflfffii iSl'li ill I .j.tgi.X . - i -JsL i-ia-.JJS;.., ,-SWS. before I 1 I ATJRACTIVE A i U 1 I I HI 1 k- I pj NEARBY Y l,,,.,,,.,,,!!! 1 J 1 FLOOR PLAN Suburbanites Should Be Taxed. N . The law hat been declared invalid (ai at present Ijgitlated) vliich would tend to reach tuburbanites, re quiring of them iome contribution toward the running expense of New York. This it on the line at legally ex pretted "ditcrimination." The legal quantity it no doubt good law, but poor Englith, at literally understood. If ditcrimination occur discrimination of an everyday type it would teem that thit city is discriminated against, in so fai at it holdt the bag for expenditure, while our out of town friendt take the attitude of the old minstrel adage, "That there is always one place upon which a man can uncomplainingly stand a boil, and that is upon hit neighbor'! neclc." So Jertey, Connecticut and outer Loiie Uland do not care how much we tpend for them to long us they do not have to pay for it. My tolntion of thit it not to atk the individual who earns here to pay, but to exact of the town, village or whatever else it may be, a tribute toward New York city in ths shape of a per capita tax collected, to be paid for in this city by each resident in a nearby, community who earns here and spends there, through which fact the suburban land value and contequent city value it ettablithed. This is equity. LEWIS PHILLIPS. FLATS TO BE SOLD TO. HIGHEST BIDDER Inveotors and operators wih have an opportunity to purchase man improved parcels at the auction sale of the Loewer Ilealty Company holdings which will oe condoctti by Bryan L. Kentielly on Tuesday, March CO. tn Manhattan: .Vo. 2 Bradhurst ave- ,lorti1(,ast corner Ud -street, n five storv apartment, 2TxGI: No. 6SI Eleventh sniiilieiist comer nf I'urk nvenue tun und three story flats. KxlW; No. 67 .lav strfot n. ihrci. tnrv flnt i-,vST i nut. Astoria a four store f at. iixleo: -vir vv. m,.. . it APARTMENT HOTEL PROJECT FOR JERSEY CITY. flieatrj, jQ D Included ill Opera-1 llcdllc to DC liiuuucu P"" (,on WhlCll Will Commence . in Near Future. Plans have been completed' for the construction of a till apartment hotel and theatre structure to be erected at Xos. 2.850 and 2.8C Boulevard, through to Sip avenue, Jersey City. The Stowe- .... ...... . , . .. r . , . , uln uwiiy uonjorniiuu, ui. iitiuiuto W Proven.. Is back of the project. Is tn f Ik... 1 "r"-" - -, buildings a main central building, an annex upon the Boulevard Mdo and a large building for the housing of the the ma n d nire room or tne notei. ae- . commodatlng 8. Cpon the roof of the building is to be situated a solarium and i auditorium, seaUng 1.200 people, to be used for bafiquets, dances, conventions, . &c. i In conjunction wltluthe main building I there Is to be operated an annex upon i , the Boulevard side, separated' from tho I -Mil.. K..ll.llr., hi ol.rtiif ftftv feet iinnti tj,c pearce property, In Sip avenue, the th2 crectlon of n six story building for . tn? housing of the power house, laundry i an(i ,.Jarteis of the oper.itlm? forces ol ), hotel has been considered; dining I Interesting List , To Be Auctioned Wide Range of Properties Located in Active Sections of City in Budget. An Interesting list of realtv holdings comprising a ide range, of properties located In active sections of the .city will be offeied at the special sales day auction, to be held by Joseph I'. Hay, in the Vesey street salesroom, on Tuesday, March Featured among the list are No. 171 and 17fi Fifth avenue, two five story loft buildings, 42.8x100: others include are Xos. 1.5S6 and 1.5SS Madison avenue, two five story brick tenements, 2300 each; a lhr(e s,or' brlck dwelling at the south- east corner of St. .'Icliolas avenue and hj i inrii ineiiuc, ;i,imw a live smry trt snvm tm-v inft r.fi?YH v. PROJECTED APM2TMEKT ramrannnnrnranni SECOND PLOOK. PLAN QUEENS SEWER TO vC0ST $5,000,000 One of the most important Improve ments planned .for real estate develop ment In Queens is the construction of the Woodsidc trunk scut, which a ill pro vide nn outlet -Cor the dralnago of the entire dlstticf from the Kast Itlver, at the former boundary line of old Lpng Island Cl'y at Myth Beach, through the, mid-section of the borough to Grand scfeet. Maspeth. This will be one of the largest drainage systems In the borough. and It Is estimated to cost about $o,0w. OiH It Will pass through the develop ments of Woodside, Terminal Heights, the property in tire 'vicinity of the union station at Woodside; the Queens boule- , as ,ln,r" "venue, u '"-' vard district, near Flsk avenue; the Kewil'lf" property in this district is now Gardens' section and Maspeth. It will eagerly sought Is for office and oft also provide for tho district to the mirth ! 81'ace. Millions of dollars, it Is predicted, nf .IrfeUsnn avenue and lvlnr between ' "! he' invested here, large hotels, thea- I ,i,, ,..i t.Mi,i,i,, n- .."nirii u in i, ' dfeloped as a big apartment house dls- ,-i Hincnii ins made l ie nrel inlnnrv President is to liave the work upon the MOTEL IN dERQEV wl'T.X b'nglish Government Plans lo Finance Great National Housing Cam- ixiigh Estimated That 1,000,000 Homes for Working People Are Needed Issqe Bonds of Small Denominations for Distribution. ' ( Seven years Is the official estimate normal conditions of living are advices received bv tho Bankers Trust uompniiy irom u ..uimo.. , tt That the British government has confidence In tho uccuracy of this estlmnlo I Indicated by the plans It has adopted for financing tho great national housing CaTlmo"t ",C.0mmesornworkiiis people are needed in the United Klnsdom. Housing congestion during tho war and since 1ms constituted one of Kngland a Internal problems. To Insure addt.nte.i building of work ngmen'S homes t ho rove rmiif Z has subsldUed the building industry. This subsidy "Variously applied io . prlvat.. building, building by societies, and community bulldlnc- Th. seven years estimate figures In tho community housing subsidy. British loca authorities are. by the new Housing Act made directly respon. 1 rlble for the housing of workers In EXPECT BIG BOOM IN TERMINAL ZONE i Intensive Building Campaign Isi Foreshadowed in Bast Fort - I Second Street. vested. The district Immediately cast of the! Supervision of the campaign is vested , , in the Ministry of Ilea th. and Iscount llrand Central Termrnak zone, comprls- cary of tne M,nl8try, recent. ing the area In Kast Forty-second street , (j (Cl.iarci the movement to be more and extending beyond Third avenue, has than a mere housing project. lie char iot some time past felt the powerful ' aetcrlzed It as tho "icbulldlng of ting- i land."' rtcmovnl of cltv slums and gen .usterly trend of trade and traffic ovet-1 mlpiv1cnienl ln o-dulon8 of Hying ' flowing from the west end of that thor- an, contempIutcl. nughfaie. Within the last few years Thp IIcatn Ministry is aiming at the this movement has manifested itself by rrcclion 0f gfln.OOO houses within three numerous notable improvements, among yra,.Pi impossible; 103.000 to be completed which are the New York Central group j wit,n twelve months, ltepotts up to surrounding the main station, consplcu- (le frst 0f tle yc.ir indicate that sites i ous among which is the gigantic Commo- fol.' juM houses had been purchased In dure Hotel. The erection of the latter j .;11Kiun,j and Wales, plans for group ; h.itel. the northwest corner of Lexington , construction of 10S.0CW houses had been avenue and Forty-second street, gave approved and 10, ICS were under con added Impetus to the buying movement ' struction. in that avenue. Several important j There are about eighteen hundred local speculative purchases have been made , governing bodies in the United Kingdom recently by operators, which foreshadow 1 ami the Ministry reports that the ma- rxtensive structural improvements of a commercial nature. 1 The increase In real estate values re- sjhortage workers has been ajiandl suiting from this influx of capital has : cal) t0 building progress. Before the , not only affected the area- north from Wiir there were M0,0X) men in the Brit i .Murray Hill, in Lexington avenue, well ' S, building trades. Today there are I up into the Fifties, but also the section ', oniv GM.0JO to 700,000. Lack of bricklayers 1 ? Forty-second street as far tres and business houses predominating Us accessibility, by reason of many lints . of travel converging here, makes it a iiiiiiruao, uie om unii new cuii.i. uiu outlived its usefulness as a public neces- ' sity and Is today more or less nf an eye : sore to the neighborhood. Its Kuwa! 1 j will have the beneficial effect of rcstor- J v Ing tho light and air to the adjoining j properties, besides removing serious ob- ' I stacles to pedestrian and vehicular tr$f- . " i fin. I i Another important Influence which should redound to the benefit of the sec-1 tlon Is the fact that much of the prop- , I erty In the Forty-second street section around Madison and Park avenues. Is I I under the control of the hotel interests, I which have many millions Invested In the section. The fact that such a large amount is Invested in such a congested " 13 l"B - I district speaks well for Its future. ! buyer to erect a one story factory, cot , Everything that can possibly be done to ! crE about .175,000 square feet, maintain and Improve the character of i fa k d or B 0j,: 1 the neighborhood will bo undertaken. It I ' is simply a ease of self-preservation. If 1 Jr.. to Cornelius Bradley, three ' the neighborhood deteriorates the value j story dwelling, 20x93.8, at 4GA James of property will decline. These large j atreet; nSo for Max Mendl to the Con Zmu!;l B'na. Abraham, represented the district will not only profit by what by Philip J. Schotland and 'William S. has already been completed but will ' Hioh. the three story dwelling, 17x60. at share In future benefits. ,Kn strect adjoining property of " " ' 'the buyer, at the southwest orner of WANT tyORE PUBLICITY FOR Thirteenth street, and 20x70, vacant, at ' PI IFtl IP WORK? IN QUEENS i" Stirling street, abutting; also leased , h'UbLiu wimrviN uuccino for A(Ia Groel to Halpcrln I ' I r eprekented by Charles V. Glllen & Co., I Owln" to the fact that many street 1 two story building at 4S Market street: opening proceedings are to be brought In i also one story garage at 320 Bloomfleld I 1 Kl , ... n avenue, for Mnrcc no Napolltona. to Queens In the near future at large ex- j,, BnrtMh Automotive Cor- 1 ptrife to the property owners, a move poration nmI the two story building at has been started to obtain wider pub- a Trent place, to the Belter Electric ' lleity for the notices that the proceed- Supply Company. I ings arc to be started. This movement Feist &. Feist sold for William Gcrst- is 1,-cked principally by the large de- lev, of Philadelphia, four story building, velnper?. because their holdings arc par- tOOxlOl, at Nos. 1(0 to 115 Front street, I tleularly' affected by the laying out and through to Centre pjace, Newark, N. J.. ! opening of streets In aeeordance with to tne McGann Company, warehouse- ! the cltv map The movement has the men, nnd tho tenants propose to erect a ..... . ..... r ' ......... n.t.llttAn A. . 1, nn,mll,l putiivirt iir Assistant, oruorauuii vuuii- ! sol Joseph G. Mathews, who Is at the , head of the Queens Street Opening IIu , rean. In commenting upon tho existing I situation Mr, Mathews said: There Is a law mat maKcs me city advertlse street openings In papers in ! also for James R. and George U. Mulll 1 Kings county, but this is not done In ! gan. store in No. 53 Broad street, to the ' Uuccns county. Because of this fact ' Hope Pharmacy, of Pennsvlvanla. rco . many streets are opened In Queens with- resented by A. Pappan and C. Evanu: 'out tho knowledge,. or the property own- for William L. Morgan. stor In No. 21 ers affected, who become acquainted Cedar street, to Lalblln & Co.. rcpr 'with the 'proceeding for the first time sentcd by It. H. Clamp, and second floor when they receive a bill for an assess-. In corner of Orange and Broad btrcets, ment." i (or Harry Coleman, to Joseph Jullao. of the length of time that will elaps resiorcu hi umai mimm, ..v.,....h , their respective communities. They are required to estimate tho number of nous es necided In their districts and to pro vide them for renting so far as they will not bo provided by other agencies. Local communities will bear tho cost up to a liability not exceeding tho returns from ' a tax levy at tho rato of Id, on the pound. Tho excess cost, If ajiy, nnd def 1 Iclts Incurred through low rental plana and depreciated valuations will be mt 1 by it government grant. Because construction costs arc cons!d ered to be higher now than they will b I In, future, local authorities ar.o author ized to place the valuations of tholr new houses at only two-thirds of their cost. They are also permitted to rent them , at less than the "economic" or carrying rentals so as to bring them within the 1 means of wage ea tiers. At tho end of seven years when, It la believed, general conditions will have rt ached n normal adjustment, the rents are to be raised to the equivalent of un 'economic" return on the two-thirds valuation. To facilitate the financing of housing programmes, local authori ties arc authorized to Issue o'j per cent bonds fof five, ten and twenty years, secured on the local rate? and revenue, and lss".ed In denominations of iiJ, 10, 20, '-.VI, W nnd In multiples of 100. 1'rlvnte construction Is to be encour aged by a bonus system through a gov ernment grant of approximately S73, OdO.OOO. with bonuses avetaglng about l,".o per house, offered to builders who complete workmen's houses within the next year. One of the conditions Is that no more than twenty houses are to b erected to the acre. j The proposal lo public utility societlea ! erecting workmen's homes Is a loan of 1 75 per cmt of the necessary capital by the government and the government to I contribute about TA per cent of the Intcr l f.t rhnrecs on the total amount In- 1 jorlty of them have submitted housing I schemes for aonroval. I KmI necessity for speedy progress have stimulated the construction of wooden and conciete houses, which arc innova tions in Great Britain. Bids were re cently approved for the erection of four hundred concrete houses nnd the Minis try of Health is encouraging that type of construction. Official consist. utlon has also been given to the possibility of nigs, tne i.oiuion i ouiiij v,uuiilii ii.i Sales and Leases of Newark Realty Louis Schlcsingcr. Inc.. sold for John Goellcr toL. Mundet & Son, about seven acres, part of the Fitzpatrlck estate, in Long avenue. Newark. N. J., along the Irvlngton branch of the Lehigh Valley inree aunt nuumv.. v.. m, part of the plot. Tho same broVers sun- leased for the It. W. Realty Companv, subsidiary of th John Ward Shoe Com pany, to the Commercial Art Studios. space in Nos. SI3 to SIT Broad street: