The Brooklyn Daily Eagle from Brooklyn, New York • Page 24

4 BROOKLYN EAGLE, SUNDAY, JUNE 16, 1940 Waterman Trophy Captured By McDonald at Board Golf Everett C. MacDonald, with a low gross score of 77, captured the third Guests Edward Quigley, second low gross; Samuel Sapirstein, second low net; William Ziegler, third low gross; John Fculkes, third low net; Russell Page, fourth low gross and John J. Garrison fourth low net. Kickers Handicap M. J.

Zaengle, 11 mm and final leg on the Clarence P. Waterman Memorial Trophy at the Brooklyn Real Estate Board's Spring golf tournament, held at the North Hills Golf Club on Tuesday. In addition to winning permanent possession of the Waterman 'ver cup. rr. iir 2U, I at- second prize; M.

D. Kelly third; D. C. Dalziel, fourth; Walter Meade, fifth; Waldenburgh, sixth; J. M.

Washington, seventh; N. J. Roos, eighth; Fred H. English, ninth; 1 William Sager, tenth; Milton E. Miller, eleventh.

Door prizes were won by J. P. Marcelle and Harold E. White, while John J. Mackey won the lucky contest and Frank A.

Ba- cDla.o the prize in the horseshoe pitching contest. i More than 200 players took part 1 in the tournament, while 250 members of the board and their guests attended the dinner in the evening. The committee which had charge of the affair included Warren A. Sackman, chairman: Sydney N. 5 et Vis an ojj it I lit -M Jp i ii it Mr.

MacDonald also captured the President's Prize. In the competition among the active members of the board, Hy. Agar won a leg on the Eugene J. Grant three-times trophy with an 891871. The first low gross prize for guests was won by Earl Agar with a 79 i while the first low net for guests was won by Russell Smith with a 791168.

Victor J. Matthews won the first prize in the Kickers' Han- I dirap with a lev net of 1002872. 1 At the 9th hole there were two prizes for the players closest to the pin in one stroke. The first prize was won by H. O.

Eversmann who shot within 2 feet 8 inches of the cup, while the second prize went to E. J. Dunne who was 4 feet 4 inches away. Other prize winners were as follows: Members Harold R. James, second low gross; S.

T. Satter- thwaite, second low net; Warren A. Sackman, third low gross; Nicholas Timm, third low net; Herman Ma- ser, fourth low gross, and David 1 A. Gerst, fourth low net. I te! 1 J.

fi If 'i Ts Apfelbaum. Frank A. Badolato, Howard Burdick, James A. Heaney John E. Henry, Harold R.

James, John W. Lake, George L. Long, William J. McCurdy, Jerry V. Mese-role, M.

F. Mullin, William G. O'Brien, George H. Quinn, Daniel T. Rowc, S.

T. Satterthwaite, Roy Seaberg, Mortimer Steinfels and Nicholas Timm. BORO DEVELOPMENT One of the new houses built by the Jewell Homes, on Bachelder between Avenue and in one 6f the most progressive sections of Flat-bush. The model house opened last week was sold St. Albans Active Area Among recent buyers of Green-dale Homes at 114th Road and 225th St.

in St. Albans are a ber of employes of each of five large NEW CALOER HOMES On of the recently completed blocks in the new development of former United Stotes Senator William M. Calder. The model house in the center of the group, opened last Sunday, has been visited by hundreds of homeseekers. The development is at Gerrittsen Ave.

and Avenue T. Mr. Calder has built and sold close to 4,000 homes in the borough. Crown Heights Active Section Building Firm Speeds Construction Program neys of 30 Broad Manhattan, the one-family brick Colonial home at 19 Puritan facing Beech-knoll Road, was purchased from William G. Moler by William L.

O'Connor. In two direct sales the completely modernized residence at 11 Green-way Terrace was bought by Donald Dohner from the East New York New York corporations, according to Max Lee of the building organization, who points out that in every instance the first member of the group to buy at the project was I directly responsible for interes'ing his fellow employes in the develop-I ment. Sales for HOLC M. C. O'Brien, sold for the Home Owners' Loan Corporation 262 Maple a two-family brick dwelling, to Arthur J.

Guidice, through Kurland Risi. co-brok-; ers, and 604 Vanderbilt a brick I store and two apartments, to Sam-j uel Settanni, through Bulkley i Horton. co-brokers. David Davis and Sol Greenberg, associated in the' latest $1,000,000 development of 150 homes scheduled for the area in the vicinity of Crown Heights, announce that their Savings Bank, and the dwelling pt i 306 Burns St. was purchased by A.

N. Stollmeyer. I to Let Brooklyn Brokers View Reconditioned Flatbush Homes Guests of Easy to Own Homes Organization On Tour of Inspection iFii1 I I Active Market For Dwellings In Forest Hills Nine sales of homes in Forest Hills Gardens were reported this week by builders and brokers, reflecting an increasing interest in this Queens residential area. Through the office of Louis P. McGahie, Forest Hills broker, the semi-atached brick dwelling at 114-07 Union Turnpike, facing Forest Park, was sold for Sam Poole to Paul S.

and Evelyn Shepard. Mrs. William T. Mohrmann has purchased the two-family brick and stucco dwelling at 295 Burns St. from the Brooklyn Savings Bank.

John W. Gooding of Forest Hills was the agent. The Moreland Great Neck Corporation, now building two groups of homes on Burns St. in Forest Hills Gardens, reported the sale of three homes in the first group of five completed, and the sale of two in the second group of six under construction. Through Sejbert Riggs, attor project will be advanced to a point where special "Preview Home Showings" and "Construction Demonstration" will be made at Win-throp and E.

49th Sts. within the next week or two. Addition of the operation makes a total in excess of $5,000 worth of homes now being erected within a mile of this particular project, the busiest home-building area Brook- Small Homes Now Like Apartments 410 IMailhvmufh lUf. East 15th Si. A group of borough brokers and their salesmen left in bus coaches from the office of Clark Realty Company, 142 Avenue at 9:30 a.m., Wednesday, to make an inspection tour of the new group of 2 I lyn has seen in more than 15 vears.

With an eye on the great apartment dwelling population as their potential market for the sale of individual dwellings, David Forman and Max Perlstein, builders of Pilgrim Estate Homes, located at Hillside Ave. and New Hyde Park Road, in New Hyde Park, L. have de- Give Attention To Landscaping Landscaping is far from being a routine operation at Weeks Woodlands, located at 33d Road and Bell Boulevard, Bayside, L. the new Neisloss development, where each home is individually landscaped under the personal supervision of a landscape architect in such a manner as to set off the home to the very best advantage. Care is devoted to the selection of each tree and shrub, so as to not only enhance the charm and distinction of the individual home, but to blend harmoniously with plantings on adjoining plots and thus produce an artistic and tasteful over all effect, Benjamin and Harry Neisloss, the builders, say.

The Weeks Woodlands tract is heavily wooded, and set among the trees on plots of 4,000 to 8,000 square feet are homes of five to seven rooms with one and two baths. "Easy to Own Homes" that were completely and attractively reconditioned. The houses are 2165 70th 1 1856 E. 8th 1406 Avenue 1771 E. 15th 2356 E.

24 til Sales are in accord with gigantic construction now going on there, as may be seen by the fact that several of the homes have already been sold, as the brick work and roof advanced to completion. Wi. X. Jr. 3, 3, Vi AND 5 ROOMS, WITH 2 BATHS JUST' COMPLETED This t'ltr Modern apartmrnt house offers the utmost In liability.

Apartments ire pne-oai. iry. and feature every desired convenience. Ore block from pchools, churches, theatre and the B.M.T. Br jhton Line, Cortelyou Road Station.

Revre.scntativ on Premises HIS NEW HOME John C. Collins, engineer, has purchased this new home in Pilgrim Estates colony ot Hillsides Ave New Hyde Park from the builders, David Forman and Max Pearlstein. 2138 E. 35th 1460 E. i 4611 Avenue 1288 E.

45th signed houses that contradict any 48th preconceived fate notions of some 5C9 E. 53d St. and 179 Seely St. I Luncheon was served at Lundy's Telephone. iNoeraon 2v3t housewifes that there is more work in the individual dwelling quite the contrary, they say.

and they have conclusively demonstrated the facts, that wok is considerably lighter in today's house. The several layouts offered are step-saving and space-saving and labor reducing," according to Mr. NAVY GIVES $5,489,308 CONTRACT TO L. I. FIRM Washington, June 15 (U.R The Navy today awarded a $5,489,308 contract for an undisclosed number of aircraft engines to the Ranger Aircraft Engines Division of Fairchild Engine and Airplane Farmingdale, L.

I. Apartments to Let Queens WT -5! i If 1 Bay Ridge Brokers Plan Fishing Outing Board Official Explains How To Estimate Property Price Restaurant, Sheepshead Bay. Gcoree L. Clark, president of the Realty Brokers of Bay Ridge. and chairman of the tour, introduced the following speakers, who were seated on the dais: Charles D.

"ehrens. president of the Brooklyn Real Estate Boand; Roy A. Kirkpatrick, manager of the Easy to Own Homes Organization; Russell Page, sales director of the Easy to Own Homes Organization. Also seated on the dais were Wilbur A. Claflin, property manager of the Easy to Own Homes Organization; Elmer Thorpe, property inspector; Thomas J.

Clark of Clark Realty Company and Nicholas Timm of Timm it Behrens. The guest brokers and their salesmrn hijhiy praised the and completeness of the reconditioning work and were very enthusiastic about participating in the extensive Summer sales campaign inaugurated by the organization. Among those present were: The Realty Brokers of Bay Ridge, will hold its annual fishing party on the yacht Sachem, June 24. leaving the dock at the foot of Emmons and Ocean Sheepshead Bav, at 8:45 a.m. This annual If you list your houe or apart- out.

The price estimator, like the ment building or business property appraiser, must take cognizance of for sale with a careful and skillful utility, liability, income-produc- irn asjem, one wno is inoi- Hon power of the real estate. KEW GARDENS HAVE AVAILABLE Choice Apartments That Will Appeal to TWo Who Deniaiul ami Recopnizc Maximum In Value and Convenience catea to be such oy his title Realtor." how does he go about it to help you estimate the price at which the IN GIBSON COLONY One of the 40 new homes being built by the Gibson Corporation in the Lynbury colony on Broadway, Lynbrook, where buying is active. of production, economic trends event is always the most enjoyable affecting its use. But he nect 1 in the social program of the broker think of these things only as thev organization and, fish or no fish, will affect it over a reasonably everybody seems to have a' fine short period of time. i time.

property should be offered? It is no simple matter, however easy and informal the conversation Apartments to Let Brooklyn SUITES OF 3 TO V2 ROOMS $500H 10 AnRPlo Abalc Sumupl Auramg John Friir.cis T. A. MtKetm Chiis JalltP.i Rodtfrs T. Lempert W. P.

LandriRan William McAlliMer Mrs. Lillian Moebus Jame.s Perry John S. Garrison Sr. 2601 R. V.

A. Che initton Jnhn J. Kelly A- Tuio Quiet, GLEiWOOI) country-like atmosphere heart of Flatbush the II Our rentnl invite rnmpnri'on. 4'. room Miilr, modern a tomorrow, from $70.

Kory neroasary appointment included. 2-2V2-3-3V2-4 ROOMS jJLROADy 1 and 2 BATHS 11 A i Beautiful six-storv elevator buildina with I One block from beautiful Brooklyn College and Campus, near Flatbush every latest convenience incorporated for t.L. I LL I ft I icnanu ncuun una (omioiT, wiosv 11 to schools, churches, shoooina. theatres. I Ave.

sta. I. R. T. subway i a-A.

i iMBMlll Hill 'lit ffm TT William Smith Joseph D. Lamond H. Ci. Melville Arthur C. Waaeman R.

Kenly C. Van Wynen Char! Bianco Jerry Dp Ffo Georae W'. Dreriaer Wilham H. Flarh James RMiart Frtward P. Murnos Eriwarri R.

Lashua Jerry Iannlello Joseph Iba Arthur Fei.stel Paul D. Jordan John Kelly A Chiaramonte Vincent D. Martire ppter Messina Olaf Olau.sen Michael F. Quintl W. K.

Gililand 8. N. Alexander John Meyer John B- Swift E. A. Limhrick Robert S.

WhitinB roc her Charles Vardakis Brnnn A KnMrr L'hMia Jpati (ifhay Fdw.n W. FAley Hprir.Hii Manniic Hrfrry W.il.am Cnr nor Arthur A. Nnsh A Friuin J- Dump P. Cm-roll J. Kinffsbur? Pftpr I.

(ioirri Win. Marriorf O. J. Hartwic Vmrpni R. Kirk Waiter 8.

Mpacie A Vincent Benson Walter Williams Arthur Dnnhone Raphael Durante, R. F. Wilken-Roland Radin S. J. John P.

Horr.gan A. Oion Dant IanniPiio Harold James Waiter LanK J. Philip Heiimann ViMMiMnMWHiMM-MMBMMMHSi buSCS Olid trOllCVS. Phonit MAnaflrld 6-KIB Enjoy all lite advantage of suburban living in a location where every part of the buildings and the surrounding grounds refleet careful planning. Your children ran play in safety and comfort.

Playgrounds and acres of outdoor arras for their convenience and pleasure. Convenient to nil the famoin Ixmg Inland Hrarhrs, Park nnd Parkway. 18 minutes hy eprcM to midtown ork. 5 rent fare on 8th Ave. Subway.

Visit RECENCY PARK and learn or yourself just how well your housing problems ran be solved in these roo-noniiral and extra comfortable apartments. in which your broker draws out the facts you have, and combines them with his own knowledge of the community, and the market, and his own observation of the property and it.s probable best use. And right pricing and listing is important, for property well listed is 75 percent, sold, says Joseph Laronge, M. A. I Cleveland, vice chairman of the Brokers Division of the National Association of Real Estate Boards in "Estimating Sales Price." a 38-pagp bulletin just issued by the division.

Outlining i practical procedure in making this important judgment, Mr. Laronge, former president of the Cleveland Real Estate Board, lists these things as important in considering what price may successfully be asked for a property: 1. Owner's reason for selling. 2. The outlook for financing the purchaier.

3. Related to both of these, the financial ability and the willingness of the owner to take back a purchase mortgage if a more satisfactory price can be obtained in this way. 4. Type and location of the property, its physical condition and limitations on the use. that could be made of It.

5. The price at which comparable property may be obtained. 6. Conditions outside of the property itself that affect supply and demand. 7.

For investment property, the income or possibility of income it represents. 8. Tax situation of the property, and. if taxes are excessive, the possibility of securing a reduction. Tell your broker the reason you are seeking a sale, no matter how personal the reason may be, Mr.

Laronge advises. "Find the real 24-30 Clinton Street tirnr Pirrrrponl Si. 3 ROOM SUITES 2U IRKK MS FROM Rth AVE. SUBWAY VMOS TIRMUKE A KIT' GARDES STATION TO RENTING OFFICE Main Slrccl and Union Turnpike Kcw Gardens Telephone REpultlic 9-8080 Send for Illustrated Roaklvt. Rrasonahtr Rrntils NEW MODERN EQUIPPED ELEVATOR BUILDING Every latest innovation has been incorporated for the benefit of tenants.

This elevator building is ideally situated in fine residential section and close to subways, theatres, shopping ond Borough Hall. Superintendent on premises or phone MAin 4-6624 BROKERS WORE HIGH HATS Thof was in 1870 when Charles H. Bulkley and Isaac O. Horton founded the Brooklyn real estate firm of Bulkley and Horton. Standing at the extreme left at the door of the first office, 333 Myrtle ond wearing a silk hat is Charles H.

Bulkley. Next to him is Joseph Colyer, prominent coal dealer of that period. At the extreme right is Isaac 0. Horton, also wearing a silk hat. Mr.

Horton's sons and grandson now conduct the business. PRIVATE HOME APARTMENTS Like living on a private estate I Your perfect tummer home solves the vacation problem. Fully servicrd apartments in a 20-acre hillside park. Picture views from every window. 18 minutes from Manhattan 5c fare, 8th Ave.

Subway to Union Turnpike Kew Gardens Express Station, New Apartment Near College Prominent among the new borough apartment houses is the six-story building at 2601 Glenwood Road, knon as the Rutlcdge, and constructed by Abraham Fox and his son. Milton Fox. The senior Mr. Fox is a pioneer Flatbush builder and he has been very successful In the production of modern apartment homes. Mr.

Fox says he was attracted to I the Glenwood Road location by Brooklyn College, other modern schools, and it.s proximity to the adequate transit. The Rutledge Is the last word in apartment house construction and equipment. It cqitains large wrll-ventilated rooms, plenty of closets, new type of lighting fixtures, scientific kitchen and other features that, appeal to the women folks. Alvin S. Parker, the renting agent, stated ypsterriay that leasing in the build lng has been active.

A WIDE SELECTION I flight up to Underpass level do not go up to street level. OF 3 RMS. $54 to $59.50 3'2 RMS. $63.50 4 RMS. $68.50 to $72 Oueem Boulevard tft Grind Ontral Parkway.

Turn left. tak outt id la (if to Main Street Bridge; rrota bridta: mak har left turn and gu b'k alonf tervice lana tn Vleigh Place: turn right and fellow ign. REPUBLIC 9-0100 KINGS, QUEENS LONG ISLAND HOMES FOR SALE Owners to Meet The business of protecting savings invested in larse real estate Improvements and of producin; a fair return on such investments under the handicaps of taxa'ion nd operating coms will be examined in a clinical discussion 'his week at a four-riav convention of the National Association of Building Owners and Managers npuinmns; tomorrow at the Hotel Commodore. Named Contract Broker As a result of rezoning of properties of the Home Owners' Loan poratlon, Frank O'Hara, of Jackson Heiahts has been named contract managing; aaent for ail HOLC properties these sert.ns of Queens Corona. ElmhuM.

Ja 'it-son Heiahts. Maspeth. Wmf.rld and Ridge- Plateau. The OHara firm acting as mananine aqent for IM) HOLC homes in these ion containing 257 family units. reason," he advises the broker.

"In gathering data for a proper listing you are conducting a one-man clinic. Fathom out symptoms from which you can make a proper diagnosis But the process of arriving at successful price to place on a property differs in an important way from the process of making an I appraisal of the property, he points WILL BE FOUND ON PAGES 2 and 3.