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The Brooklyn Daily Eagle from Brooklyn, New York • Page 34

The Brooklyn Daily Eagle from Brooklyn, New York • Page 34

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Brooklyn, New York
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34
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SUNDAY. MARCH 7. 1909. 4 i I three years 8hd himself 100 per cent. SUFFOLK COUNTY OUTLOOK FARMINGDALE.

NASSAU CO. REALTY'S ADVANTAGES STONY BROOK ASSOCIATION QUEENS SPLENDID FUTURE purchased two years ago have sold. In i he last few months, for more than double the price paid. If the same money had been invested in Wall street two years ago. It would not return to-day any more, and in some cases not as much, as the original investment.

We look for the business to grow from this source alone, within the next live Opportunities Offered in the City and Suburbs. 100 Houses Projected $30,000 School House, Electric Lighting System and New Trolley Line Combination of Ocean Grove, Northfield and Winona. North Shore Faces Prosperous Realty Year. 3 Transportationa! Facilities Insure Wonderful Growth. Values Higher Than in 1906, an6 Activity Promises to Be Al- most as Large.

Plans for Development of Property Rapidly Going Forward Brooklyn Ministers Interested in Enterprise. BY J. A. HEISELMANN. BPILDER AND BROKER.

The outlook for a prosperous season and active building campaign Is very bright for Farmlngdale, Nassau County. ahead of bis Investment. This fact has been proven beyond doubt by the Long Island Railroad experimental station. Good Ground, so named by a good old Indian squaw, who knew "good" ground when she saw it, being located on the south side of the Island, near the Atlantic, and bordering on Shinnecock and Peconic bays, has twenty miles of water front, all bordering on salt water. 90 per cent, of which is splendidly elevated land.

From $10,000 to $50,000 is the cost of summer homes erected here. Ten years ago this town was three hours from New York by rail, whereas now we are but two, and with the completion of the tunnels and Improved service such as we are reasonably sure to have, we shall be brought within one and a half hours-at the most of the city. The records show that the sales of real estate were largor In Good Ground during the last two years than in any previous twn vcars. Central Portion of Borough and Ta- maica, Especially, Must Make Rapid Strides. years, to such an extent that the real estate market will be as active, and It will be as easy to dispose of good real estate as It Is now to dispose of stocks.

The Torrens law, when it once becomes understood, will do a great deal toward bringing this condition about. A large number of contracts for a good BY THOMAS ANDERSON, RE AT, ES BROKER, FEROCSOW BY FRANK EAST NEW YORK'S GROWTH. By Gerard Hall, We consider the outlook for real estate on the North Shore of Suffolk County for, the coming year to be good. We do not. anticipate as large a year as 1906, at whih iimo torn Island property un- I doubtedly experienced the greatest ac Brooklyn's Future Certain No Investment Possesses as Great Security and Promise as Beal Estate.

BT CHAf.I.ES BROKER. In response to the request of the Eagle, Charles E. Hotaling. broker, submitted the following view of the realty situation: The development of Brooklyn and its suburbs progresses steadily. Brooklyn is growing in all its sections and will constantly lmprovs.

A few districts have deteriorated, owing to lack of ferry facilities, but in time they also will return to the normal. Owners of realty In all parts of our borough need have no fear of the future; and those who are contemplating Investment will do well to buy now, so as to be partakers of the increase in values and wealth that Is bound to came through real estate ownership as the years and months go by us. There will always be pessimists who cannot see anything In the future to Lively Building on All Sides, and Selling Is Brisk as Well Future of the Section. The present indications pomi i very largo business being none nere our- TATE BROKER, STONY BROOK. The plans for the Stony Brook Association And Long Island Assembly, a religious and social community to be located at Stonv Brook, L.

by a coterie of ministers and business men of Brooklyn and New York, are well advanced. The Rev. John F. Carson of the Central Presbyterian Church, the Rev. S.

ParkoS Cadman of the Central Congregational Church, and the Rev. Joseph M. Farrar of the First. Reformed Church, all of Brooklyn, are leaders in the movement. The association has taken title to some hundreds of acres of land reaching from tho depot to tho village and harbor.

Thirty-three acres of the association class of residences have already been awarded. I have on hand and In course of construction alone at this time, fifteen houses, and from what I know of the situation there will be more than 100 houses erected In Farmlngdale this year. There are at present thlrty-slx houses in course of construction, which certainly speaks well for the village. With the completion of the cross-Island trolley this spring, the building of a new $30,000 schoolhouse, the installation of electric lights throughout the village and the various other Improvements In store for us, I see no reason why Farmlngdale should not be ss good a place to Invest In as any on Lang Island. There surely is no healthier locality andy-values here have gone upward in leaps and bounds.

ing the coming season, juuisins many Inquiries, and I predict the busiest season throughout this section that we have ever experienced. Large tracts seem to attract much attention, which shows the faith In the future development of the Island. JAMAICA. The Borough of Queens i at tho dawn of Its golden age. The real estate prophet, with a glimpse of its Immediate fmure.

dares to venture some definite predictions for the next decade, but his courage fails when he attempts to picture the more distant future, which will witness the transformation of this extensive rural borough into an urban community of from 1.000.000 to 6,000,000. During the past year Central Queens has been connected with lower Manhattan by one line of rapid transit, via Atlantic avenue and the Battery tunnel, thus enabling Its residents to reach the "Wall Street district and the City Hall, Manhattan, within thirty minutes. The completion of the Belmont tunnel, under the East River at Forty-second street, 'another of the achievements of the tivity ever Before known, but we do believe that the year 1909 will average up well with any other year excepting i'JOS. The demand seems to be from people who are looking for homes, farms and estates, whereas In 1906 land was bought on speculation and often sold several times during the life of the original eon-tract. In this regard the business of Is of a far healthier character -than that of 1906.

It is certain that during the recent de- presslon in all forms of securities, real estate, in this section showed very little 1 want to thank the management u. the Eagle for the great Interest It lias RY A. II. WESTON. BROKER.

At the time of writing six ttoubes for rent and over 800 for sale! This is the "list' In my office. What more potent argument can be advanced as to existing favorable conditions in the Twenty-sixth Ward, the old "East New York?" Building, building everywhere. and selling, too. The growth of the Twenty-sixth Ward, dating really from the time manifested in me luiure ui mi "-glorious Long Island. property on the harbor are to be devoted to park purposes.

An assembly, such as that of Northfield, or Winona, or Ocean LYNBROOK'S GROWTH. wr- niut. in loriR Ficeeded All shrinkage in values. In fact, property IS New Buildings in 1008 Exceeded ah eveQ h(gher )rlce8 thal STONY BROOK ASSOCIATION. PROPERTY OF THE Previous Records and 1909 the year 1906, and we feel convinced tnat the movement of prices Is continually to- May Co Likewise.

ward higher levels. There is a good ae- mand for desirable building lots in and around all the large towns on the north shore. Business property along our main streets is showing a healthy advance, and much more demand is evidenced for this class of property than formerly. Water front properties on me worm of the extension of the elevated railroad to Van Slcklen avenue, about twenty years ago, has been continuous. Twenty years ago the population of the ward was not much over 15.000; to-day It is estimated to contain over 150,000.

And still they come, and still prices continue to advance. The outlook Is for a demand equal to the supply In the early spring. Compared with olher sections of the borough, it may truthfully be said that, in building operations, mostly two-family brick houses, for which an extraordinary demand seems to have sprung up within the last few years, no ward will compare with this. Recently a new pace In desirable residential lots has been set, by reason of the purchase ol fourteen and one-half lots opposite Highland Pork, at but little below $3,000 per 20 feet. Business lots on Fulton street, too.

have advanced 20 to 30 per Shore are always In demand, and course each year the supply becomes lessened as It Is taken up and Improved. BY O'CONNOR A BROKERS. We are very glad to be able to report an unusual condition here during the year 1908 unusual because Lynbrook broke all previous records. The Traffic Department of the Long Island Railroad a few weeks ago issued its annual statement giving statistics as to houses built in suburban Long Island during the year 1901 his shows that during that period Lynbrook built 134 houses and East Rockaway 61, making a total of 185 houses for this locality. For 1907, which was the previous record year, the total was 156 bouses, so that In 1908 all records were broken by nearly 20 per cent.

This was certainly a remarkable showing In a year of financial scares 'and general depression, and leads one to Imagine what the result would have been had 1908 been a year of normal conditions. As to 1909. the Indications point to large activity. In fact eighty-seven new houses are already in course of construction; and, with easier money, and the number of sales more than double those prfst- year, through which lines of transportation will afford cheap and convenient travel between Queens and the Wsineas and amusement centers of Manhattan. And within a few months the opening of the Queensboro Bridge will toi-m- tho most important connecting link of 'transportation between the undeveloped area of Queens and the congested section of upper Manhattan.

Of more account, however, than any of 'these three epoch-making transportation facilities, and probably of all three combined, will be those of the Pennsylvania Railroad, whose lunnels under the East River at Thirty-fourth street, and whose work of electrifying all its main lines and branches in the Borough of Queens, is near completion, when the best suburban transportation service in the world will place the people of Queens within ten to thirty minutes In joint of time from Broadway. The writer, who was the first to organise syndicates to begin the actual development of the picturesque hill country of Jamaica, from whose elevations may be had charming views of the shores of Long Island Sound in one direction, and of the Atlantic Coast from Coney Island to Long Beach in the other, is happy to report that several other similar developments on a smaller or larger scale have since been undertaken by other real estate companies, whose appeal to tho nomeseeker and Investor is receiving a most generous response. Within one to five minutes walk of the Normal School and High School in Jamaica and within eight to fifteen minutes walk of the business center and the railroad depot may be purchased today the most artistic houses built on two lots, each with eight to ten rooms, for $6,000 to $10,000. The supreme Interest in Jamaica realty during the past two years has centered in tho marvelous development of the hill territory by the syndicates representing Highland Park I li I' I Grove, will be conducted, with lectures, entertainments, conventions and summer classes. There will be a large auditorium, and a large nreproor notei, situatea on a high hill overlooking Long Island Sound.

law of supply and demand applies very pertinently to this class of property, and we are very "bullish" on well located water fronts either for Investment or speculation. The fine quality of the soil of the north' shore of Suffolk County is attracting large numbers of farmers who have sold their holdings farther west on the Island. and are settling here. The stone roads. good soil, low taxes and good markets assure to them good profits from farming operations.

Reports received from our friends in the real estate business In various towns along the north shore seem to bear out the above expressed opinion as to tho future. A lesdlng broker of Northport reports the best business that he has done In three years. A prominent real estate man of Port Jefferson reports a healthy condition with a good demand for property there. Several sales of plols have been made at Belle Terre and several large residences of the class erected In the Hamptons are under construction. Two leading building supply houses state that the prospect for building this year is about the same as in 1907, not quite as good as 1906, but very much better then 1908.

Our county clerk states that the number of deeds recorded thus far In 1909 Is about the same as and that sales show a steady Increase during the past year. The north shore of Suffolk County will be greatly improved bv the stone roads which the state is building, and which will be completed this year. Also the trolley line between Huntington and Amityville is expected to be in operation by July 1 of this year, and the line con cent, within the last year, while vacant property In other sections of the ward has at least held Its own, the beautiful Queen Anne (Arlington) section particularly. Unlike some other localities, there are no special buildings being erected. It seems to be still "early" forlarge flat or apartment houses, though I believe such structures are Bure to come as land values advance, and even the great area of our ward becomes occupied, and.

In the best section of It the so-called Arlington section, extending from Van Slcklen to Shepherd avenues, north of Fulton street, to Jamaica avenue, the end of values cannot be prophesied. Lots In Warwick street, near Arlington avenue, that five or six years ago went almost begging at $700 to $800 per 20 feet, now sell readily at over $100 per front foot, and but few remain for sale at any price. Lots In the Cypress Hills section east of Crescent street, ani north of Atlantic avenue that were considered up to full value at $500 to $700 per lot, now find builders ready to pay Surveyors and architects are now work on the nronerty and plans. For social and recreation purposes there will of this time last year, It Is not difficult to prodlct that during 1909 all records will be broken. We will mention, particularly, the great demand for business property In this section a demand so great that thore Is not a vacant store in the town, end those now building were leased before ground ws broken.

This demand is due to the fact that Lynbrook Is a central point, having a population of over 60,000 within a radius of less than five miles. Again being the junction for Long be bathing beaches, tennis courts, ere. The property will be laid out in wide avenues, and Ihe main avenue will be 100 feet wide, leading direct from the depot to the auditorium. There Ib a dock five or six hundred feet long attached to the association property, where vessels and launches can land. The object of the association Is to form a colony of people who desire to have summer homes near the water, and wish to enjoy such privileges as Northfield, Winona or Ocean Grove have.

Stony Brook being so well located on the Sound shore and so easy of access from New York and Brooklyn, is regarded as an ideal location. Conventions and meetings are to be held from June till September of this year. Able and 11 is' MJ0HHFCMSON Beach, the improvements being made there, bring hundreds of families to this section, which Is the nearest home cen $1,000 to $1,500. Where but a short ter. When the electrification of the Long while bark, fields emphasized the solitude of the occasional house, to-day rows and rows of brick houses have Island Railroad to Lynbrook and Long Beach Is accomplished, a matter of only turned the section Into a suburban city of brick and mortar.

Nothing, in my necting Port Jefferson and Patchogue opinion, can stop the growth and progress of the Twenty-sixth Ward. well-known speakers will address tno a few months a great impetus will oe given to our growth, as It will then be possible to go from Lynbrook to Thirty-third street, Manhattan, in 35 minutes without change of cars. ALONG GRABEND AVENUE must, be completed In 1909. These inv provements diroctly affect a very large territory, and the beneficial results attaching to property adjoining such improvements wilt be shown by advancing prices. Several towns are improving DYKER HEIGHTS FAVORED.

meetings. Dr. John F. Carson will have charge of the services. ISLIP'S BEST YEAR.

Builders Busy in Attractive Brooklyn their schools. Huntington has a new high Suburban Section New Transit Improvements Projected. In Building, Sales end Eentals, Activity Is Marked Frank D. Creamer an Investor. Parkville Section to Be Home and Industrial Center, 'f RY FRANK A.

SEAVER, BROKER. The Dyker Heights section of Is now receiving particular attention ALEB T. SMITH. ISI.1P REAL, school building about completed, which 13 probably tho finest outside of Jamaica; Our literary friends have arranged with the Brooklyn Institute of Arts and Sciences for weekly lectures and concerts: and the same are receiving encouraging support and will be continued. AH things considered, we believe that underlying conditions are sound, and with money In plentiful supply for mortgages we think there can be no doubt as to thq future of values on the north shore, and a good market for the coming year seems assured.

VH Of THE STONY BffOOK HMBO Freight Terminal Here a Factor in Creating Unique Business and Residence Opportunities. and Jamaica Mill. riarwouu, Land and JamoJ-pa Estates, comprising vall together neanly. one thousand acres of carefully restricted subdivisions with all modern Improvements In broad avenues, and approaching more nearly, in their attractive physical features, the famous suburbs of Boston and Philadelphia than any other residential district in Greater New York. Investors of small or large amounts will find Jamaica a rich and fertile field.

Lots can be had south of the Long Island Railroad at from $200 to $500 each, and on the north of the railroad at from $000 to $1,000 each, while business lots on Fulton street may be purchased at from $1 600 to $10,000 each. The demand for desirable homes is In excess of the buj-ply and the season of 1009 promises to be the banner year of home building and buying irt Central Queens. Ordinary instances of large profits mv be multiplied. A few years ago a parcel of land on Fulton street was purchased for $5,500, and last, week the owner declined an offer of $25,000. Less than three years ago 6H acres were bought for $28 000 on which the owners expended $14 000' more for grading and improyc-mentsr and already they have sold JSO.000 worth of lots.

An Intelligent survey of real estate conditions In central Queens will persuade anyone that, on account or its location, extensive virgin territory and tn-CToasing rapid transit facilities the Borough of Queens is Just entering upon an era of unprecedented development; and Jamaica as the hub of the borough will forge ahead more rapidly thn any other community or section. IvjoODY CO. NOW DEVELOPERS. from builders and home buyers. Dyker Heights Is situated on the crest and on the southerly slope of the hill lying between Bay Ridge and Bensonhurst, and the entire property has tho desired FEDERAL LAND PLANS TATK AOUNCY.

Notwithstanding the throes of Inactivity through which the country generally has Just passed, realty vigor In the Immediate vicinity of Isllp eclipses any previous year for the same period. Last fall we felt It "In our bones" that, it would be up to us to flock 'round the office stove and live over the past. Contrary to our expectations, the stove seances were not in- them hope la but a name and never a reality. The optimist In real estate Is the man who wlnB out In the long run. Be an southerly exposure.

It overlooks Dyker Beach Park and the entire lower bay and BY R. T. McNAUGHTON, BROKER. 1 There Is one Important section of South Brooklyn, which In tho past two years, quietly and without any blare of trumpets, has made a very substantial and WINDSOR TERRACE. optimist buy now buy whenever you when the residents speak of "ocean Will Continue Selling Property in Plots and Acres.

have the means. Real estate does not run away. Real estate is a tangible views" they mean gonuine ones, and not a limited outlook over the waters of the rapid growth: so much so that builders aneurated no need of them as we are from other and remote districts are be upper bay. passing through the most prosperous six Ing attracted to participate In supplying For years, while other sections were months winter and summer or any time BY LESTER K. HIKES.

VICE PRESIDENT OF SIEGEL-HINES REALTY COMPANY. I have great faith In the future of tha region known as Windsor Terrace. The new row of up to date two family brick houses now completed by this company Is a type of the structures which will occupy this most desirable region on the high ground west of Prospect Park. Operations on Great South Bay, Amity yille, Buena Vista Park, Babylon and South Oyster Bay. the demand for homes and business buildings.

This Is Grevesend avenue and vicinity, from Church avenue south to during the twenty years of our close intimacy with realty affairs In this neighborhood. Isllp Just now is humming with building activity: extensive alterations to the magnificent home of John D. Adams; costly experiencing "booms" and startling price advantages, Dyker Heights values advanced but slowly, stimulated only by the earnest recommendations of its satisfied residents. Now the builder is giving this neighborhood particular attention and many extensive projects are under way. The remaining lots are rapidly giving place to tho handsome one- Washington Cemetery.

The area em braces the Kensington and Parkville sec tions, and extends from Borough Park on Telling Largely to Builders on ItB Various PropertiesHome Buy ing Predicted. asset. Owners of real estate have an "anchor to windward" when hard times knock at the door. Looking back over the past have you not many times wished you had bought a house or a piece of property? The present is your opportunlty--lt will soon be of the past and with it another lost opportunity if you do not take advantage of your chances when you can. Many want land around their homes for use as a playground for children; for fruit, flower and vegetable gardens, stables, henneries and the like.

To such the suburbs offer a paradise for health, space and comfort. I was agreeably surprised recently to note the development in the various sections of Richmond Hill, Hollls and Jamaica comfortable cottages, with windows on each side, and modern in equipment, Btyle and finish. A purchaser of such property would have decreased expenses compared with city renting. His taxes and car fares would total the equivalent of a low rental he would, besides, be "king of his own castle," with a possibility of a rise in value of the Investment as well. I would like to see all houses la the west to Ocean Parkway on the east.

It comprises a thousand acres two hundred city blocks, and is in every way fitted to acommodate a very large population. The value of any community In its relation to adjoining territory hinges largely on the facilities for communication which It possesses. South Brooklyn is connected with the rest of the city by several Important transit lines tho Fifth avenue elevated line, the Borough Park, the Sea Beach and the Culver branches, BY J. F. MIXCHER.

PRESIDENT FEDERAL LAND AND IMPROVEMENT COMPANY. In regard to our policy for the coming season we will confine ourselves to operations ln Babylon, Buena Vista Park on the Great South Bay, Copiague, South Oyster Bay and Amityville, as the great Improvements planned In this locality, now that the two trolley lines have been assured, make this section tho most desirable for development. Notwithstanding the falling off In business within the past year, there is every Indication that upoB the opening of the spring season we shall undoubtedly have no cause for complaint. While depression has been felt In practically every business since the fall of 1907, the price of Long Island acreage did not fall a dollar an acre, and it is hard to purchase even at current prices. ThlB, we argue, Is one of the greatest Indications that Long Island In regard to the existing conditions Irt real estate.

The outlook promises to be good with the opening of the spring season, i The market has been somewhat depressed, owing to the general business conditions and the scarcity of money ton building operations, especially for loans. But that condition has materially improved in the past six months, and the result is that mnny old time builders are getting back into active business. This statement is borne out by the number of transfers recently made of plots for building purposeB in this section, such as one to the Bernard F. Nathan Construction Company, who will erect this spring forty high class two family brick houses. The Siegel-Hlnes Realty Company will soon break ground for twenty-one two family brick houses.

This tvne of house has proved so pop remodeling of the palatial residence of Benjamin Welles; new mansions for Harry B. Hollls, and Charles W. Mofflt; another under way for Bradish Johnson; homes of lesser pretension for Herbert Marshall. John W. Gates, and more than a score of other dwellings.

Important real estate sales have been recently consummated. A plot of land in the center of the business section has been sold for Immediate Improvement; Frank D. Creamer has purchased ft portion of the "Taylor" estate on which the ex-sheriff of Brooklyn will reside permanently, and there have been other sales of almost equal import. Results achieved and deals pending, summer propositions closed and the dally receipt of similar Inquiries put our hopek up high and on a firm basis. BAY SHORE REALTY ACTIVE.

Many Fine Houses Lately Built and Big Estates Add to Holdings. Bental Demand Heavy. family houses on the large plots peculiar to this territory. No matter how familiar one may be with the suburban sections adjacent to Dyker Heights, a first inspection of this area of handsome homes, beautiful grounds, unusual elevation and delightful views, subject to the restrictions necessary to assure the future, is always an agreeable surprise. Adequate transit is at present afforded.

A new line on Seventy-ninth street and an Important improvement on Eighty-sixth street are among the immediate transit prospects. Dyker Heights houses are of varied architecture. In no case have more than three or four houses of one design been erected, and these have been built on different blocks. All houses are set back from the streets from 20 to 30 feet. Strictly all the year homes, it is unusual for one to be closed for more than two or three weeks in either summer or winter.

BY 1 BARD. PRESIDENT LEONARD MOODY REAL ESTATE COMPANY. The Leonard Moody Real Estate Company proposes emphasizing during 1909, as it did the latter part of 1908. the development end of the real estate business. In other words.

Ihe sales that we propose making on the holding of our various companies In Flatbush, South Brooklyn. Brownsville and Queens Borough, will be to builders, rather than to speculators. In our opinion 1909 will bring a great home buying market, and the movement toward South Brooklyn has already set In. It will, In our opinion, largely absorb the unoccupied territory in that section during the next three years. With money as easy as It is now anJ real estate is still In its Infancy.

1 ne ular in this section that there is a reaiiy- aula fnr thorn oven hefnre. thpv are City with Long Island are rapidly Hearing Brooklyn detached with gardens and lawns surrounding them, but that is too completion, and the people are beginning pleted. This Is a residence region and there is nothing else to be found her'! save homes and such business as Is necessary to supply the demands of householders. The outlook for the season in Windsor Terrace is most encouraging, and we expect to be able to supply the demands to sit up and take notice, tor mere is something tangible to talk about now that these improvements are facts. Our experience has taught us that nl.ie out of ten of the Investors In Long Island property want plots or acres, rather than twenty-foot lots, and that they are willing to go a little farther out and get ground enough so that some day they MATTITUCK PROSPERS.

together with numerous trolleys. The consideration which led me to Parkville was my observation of conditions which I know must result In a dense population here. Notice that Oravesend avenue Is a highway of passenger traffic traversed by the Culver elevated trains and eight or ten lines of trolley cars. Notice also that aside from the macadamized thoroughfares, crossing It at Parkville, (Eighteenth avenue and Bay parkway), it Is also intersected at this point by that other great highway of freight traffic, the Pennsylvania Connecting Railroad, which is to convey all the freight handled by this system passing between the southwest and Now England. The Parkville freight yard lately established will be the logical point of reception for a 1nae pari of the suppplles of all sorts, which will be needed for the upbuilding and maintenance of the vast plain lying between this BY MRS.

E. W. KING. BROKER. The season of 1909 at Bay Shore has opened with the brightest of prospects.

There is more building going on at pres Shore Frontages Advance Bapidly in expensive to consider hence the turning to the suburbs for that kind of a house, with city Improvements and gradual growth. Many suburbs have possible and probable big futures. Builders who develop a property properly are pioneers of progress wherever they work. The city and Its citliens owe them thanks. If your tastes run to suburban property, invest before market values are higher.

But don't neglect Brooklyn purchases. The future of Brooklyn Is certain It is sure to develop along city lines as each new improvement is made In transit facilities to and from Manhattan. Now bridges and tunnels, better ferries, better trolley cars and service, all help to the betterment of realty values. of many persons lor nomes in section. RIVER VIEW 'MANOR.

may have a home where there Is room to turn around. It pays to tell the people the truth and keep their confidence, for, Value V. S. Government Improving the Harbor. BY CHARLES W.

WICKHAM. At Mattlcuck. L. the outlook for once It is lost, It is seldom if ever regained. In the words of Lincoln, "It Is the enormously rapid growth of our city, together with the disposition of those id apartment houses to find suburban residences with improved transit, we are very sanguine that this year will show a larger market than 1907, and that the two following years will be record breaking ones In the real estate business.

REALTY BETTER THAN STOCKS Demand Is From Homeseekers and "Legitimate Investors Wildcat ii Speculation Over. true that you may fool ail ot me people some of the time, you can even fool some ent than for the past five years at this time of the year. MrB. M. Yockel has completed three dwellings on Smith and Rhodes avenues and has contracted for four more on Clinton avenue.

Vail has started two dwellings on First avenue. Richard Rhodes and Jerry Hendrlckson have started two moderu dwelings on the same avenue. Herbert Smith has broken ground for a fine residence on Clinton avenue, and the W. s. Williams Company is building a 'argo One of the most successful new subut bsn colonies in Westchester County Is River View Manor, situated at Hastlngs-on-Hudson, which is being exploited 'by the Hastings Homes Company: This property was opened last June, with every part of the first section thoroughly Improved with a complete sewer system, high pressure water system, gas and elec building iB particularly promising mis spring.

Values in farming lands are rapidly increasing and many farms, without water "fronts, have changed hands at almost B0 per cent advances. the Prospect Park watershed and Coney BUSY AT G000 GROUND. Island, and of which Parkville Is almost the exact center. The great water facilities and extensive shore fronts here will eventually put this charming residential section, with Its If one can Judge the future development of this large area from the character and extent of its growth in the Most Active Realty Season In History of Town Predicted Many Early Inquiries. BY PRESIDENT V.

C. REEVES CO. In our opinion the prospects never looked better Tor the right kind of business in the real estate market. The wildcat speculator is a thing of the past. The earnest homeseekers and past few years, or if we can safely make deductions from the history of other and tric light, streets paved, guttered and curbed, granolithic sidewalks laid, fire hydrants Installed and streets all lighted with Welsbach lights.

The development'has been laid out by landscape gardeners Into villa sites of various sizes, thus accommodating the demand for the commodious bungalow sites as well as the large parcels for estates. The completeness of the improvements installed and the location of River View older sections of suburban Brooklyn, then we are warranted in predicting that a few short years will see it covered very closely with frame and brick dwellings. Oravesend avenue, its chief business street, will be solidly lined with store Investors are out in larger numbers than ever before. Never a day passes In of the people all the time, but you can't fool all of the people all of the time." BY RPEN''ER C. GRIFFIN, OF SPENCER B.

GRIFFIN AND BRIGEL AMITYVILLE. Amityville Just touches the 30-mile point from New York City limit and is reached inside of one hour. The section of Long Island to the west of Amityville has sprung up like magic, and Amityville is Just beginning to be appreciated, as the building records within the past two years prove. Between 90 and 100 buildings a year is a rapid onward march for a town of 3,500 population, and It Is all because the horaeseeker on Long Island has Just discovered Amityville. The Improvements about to be completed on the west end of Long Island affect the full length of the island; but in addition to that, the cross-Island trolley from Huntington to Amityville.

now nearly completed and to be In operation this coming season, and the South Shore Traction Company line, to run to New York City through Amityville, will greatly increase the already good transit of the village. The particular class of bouses that are selling best at present are seven or eight-room cottages with B0 or 60-foot front, near the depot, etc. There Is a growing tendency of the all-year-round people to locate here notwithstanding that Amity our office but that we receive from one Manor on a series of terraces which ex-- BY OEORGE D. SQUIRES. BROKER.

After eighteen years experience In the real estate field In this Bectlon of Suffolk County, I find the opportunities offered the Investor or nomeseeker far better than at any previous time. The prices of real estate, to be sure, have doubled and trebled during this period, and It is quite natural that this should be the case, when you consider the 'actory building norm oi iu while E. R. Udall. E.

C. Robinson and Edward Redlngton have each completed handsome homes. Three large oyster houses have been completed In the past six months, and the Fire Island Oyster Company has Just added a large piece of ground to their alroady extensive holdings on Maple avenue. Henry Heuer has completed another store building on Main street, making two built by him In the Dast year. J.

D. Adams of New York Is making extensive improvements to his country home on the south country rosd, which will cost over J30.000. Eugene Llntilhon has Just completed an addition to his property at the corner of Saxon avenue and Main street, formerly the Oeorge Elder place. William H. Mofflt is building for his son Charles, a $30,000 cement house ad-Joining the Mofflt homestead, on the snmh Cnimtrv road.

Mr. Moffltt, In to five callers looking either for houses This means that ttni from the river to an altitude of over and flat construction. 400 feet, make It very desirable for on lots for an investment or a home. the area under consideration, a mile and one half long, and say half a mile on each side of Oravesend avenue, will be Most of these people pay either cash or well known social advantages, In the front rank of desirable and Immediately productive real estate centers of activity. The United States Government Is at present expending an appropriation of $26,000 In dredging and improving Mattl-tuck Bay, noted for its oysters, and further appropriations are assured to make this a great harbor.

When this work is completed all the extensive water front thus made available is bound to quadruple in value and no more promising locations for villa, cottage and bungalow sites can bo found on Long Island. The Great Peconic Bay shore properties embrace many magnificent villa sites, very choice and select. Among them Is the Wlckham Estate, with nearly a mile of beautiful bluffs, already laid out in building sites and adjoining the handsome country seats of F. M. Luplon, J.

M. Lowden, Mrs. C. C. Mould and the big A.

L. Downs estate with its finely Wooded shores. The shores of Marratooka and Laurel a Harge percentage of cash. Our mall evry day, brings us from two to six Inquiries from all over the United StateB regarding investments in New York City real estate. suburban home.

The property itself Is covered with magnificent old trees and from almost, any point may be obtained beautiful panoramic views of the Palisades, the Hudson and surrounding country. Davis Fulton has completed a Colonial house on Villard avenue; Frederick Thompson, a Queen Anne cottage on Division driveway; Irwin Magill. a Colonial house on BuenH Vista driveway; James Collins. a Colonial house on Euclid avenue; John Berg, an old English stucco house of beautiful design at the corner of Pleasant and Euclid avenues, MrB E. T.

Urlch, a Swiss bungalow on vi.i. flrfvewav: Mrs. L. F. Foster, We: find It easier to sell a building lot for and get all cash for it, In the Cty of New York, than to sell a building lot thirty miles away for $20, and give the abode of from 60,000 to 100,000 persons, many of whom will be engaged in business within that locality.

Parkville will become a distributing center, and to a less extent a shipping point, for a much larger territory than I have named, as it is a New York point, the freight rates being same as to Manhattan; and this will bring In its train the locating around the station, ot stores, warehouses and very likely some factories, which leads again to the employment, bousing and feeding of people. The other result I would speak of Is the effect of the Inflow of population On the values of the real estate here. Results follow causes as sure as day follows night, and It Is safe to say that a sec January, purchased the Hawkins property adjoining that previously owned by him, whih irives him the largest frontage of Ihp buyer four years to pay for it in nv of the nearby estates. Is plenty of business if the prices On Oeenn avenue, during the past six mnniha his heen completed by John nit- right and the lots are not too far great Increase in wealth and population in our cduntry. These conditions are the result, lu a great measure, of the increased railroad facilities, the construction of macadam roads and hundreds of miles ot tho best dirt roads throughout the Island.

As a consequence, we now have thousands of automobiles passing through our Long Island towns, whers before the would-be traveler was confined to the railroad or horse for conveyance. The tourist of to-day has a chance to explore the Island to his entire satisfaction, and the result Is, he finds exactly what bo wants In the real estate line. If he Is in soareh of a bay front, river front or an ocean front property, he finds it, or If he prefers an up-to-date stock farm, or the small truck farm, he finds It, and If he wishes he can" purchase, at $30 per acre, heavy bottom land In the scrub, and at the end of UUUUU nut. Our opinion Is that the coming ualnt modern cottage at me corner Witness a big revival In real nnin. nnd Buena Vista driveway; Harry E.

Thompson, a novel bjngalow on Bell- i.ester mntzinx. a uinu TfWmnnrts of neoule heretofore that tion like this, with a five-cent fare and I air driveway have speculated and invested In Wail tious Queen Anne cottage on rnnatriirtion is also under lakes, two picturesque and charming bodies of clear water, with several miles of frontage, furnish ideal splits foe those who prefer inland views and fresh water bathing and boating. Along the Sound shore here values arc Increasing enormously and should prove bonanzas tor those who. wish to buy for solid Investments, or for summer resid-dences. Many old properties tire being greatly improved, newly purchased estates developed and hew buildings erected.

Mattl-tuck has wonderful natural advantages and a very promising future. ville still stands prominently In the front as a summer resort, because of the fact that It Is the first vllige from the city that has a good waterway on the Great South Bay. From the sound of the early guns there la every Indication of a rousing business '-his spring, and Long Island Is going to receive the benefit. Anyone who buys on Long Island to-day, never mind what part of Long Island, if he buys at right fig-urej. has made an investment that cannot fjill 'to pay handsome profits In the near luturs.

Gibson, a large colonial residence, with stable, boathouse and garage. W. Gold of New York has a.lded a -provement to the Maples. William Robyns and W. A.

Wilson have each built bungalows. John Schenck has completed three small cottages on Smith stret, and Milton K. Stymus in bui'ding an ice cream factory on avenue, and a number of properties tinve changed hands. There have already been a number of rentals of furnished cottages for the coming season. strM securities are realizing thai the shortest way to wealth, is to Invest their wav by Oliver M.

Burdett. Wade Hampton A. B. Corthell. P.

H. Spear. William 'r ninnn S. M. Harper, W.

thirty-five minutes distant from Manhattan, on the highway to Coney Island, and with the many advantages shown, having a vigorous association like tho Kensington and Parkville Improvement League to further its Interests, will certainly come to the front. nionev In real estate. Wall street Droa Bnriess. J. P.

Ranney, H. P. Balconi, ers say that is too slow, but hundreds of people Vnow better. We could point out Henry P. "Rogers and Dr.

T. R. Roberts. Instaiicr-p "i Richmond Hill, Jamaica, jrlollis, Queens aod Springfield where lots.

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About The Brooklyn Daily Eagle Archive

Pages Available:
1,426,564
Years Available:
1841-1963