The Brooklyn Daily Eagle from Brooklyn, New York • Page 46

2 TITE BROOKLYN DAILY EAGLE, NEW YORK, SUNDAY, SEPTEMBER 12, 1926 Membership of More Than 450 Active Real Estate Brokers Brooklyn Real Estate Board PROPERTIES FIGURING IN CURRENT REAL ESTATE MARKET 94 Clinton Street. Tel. Main 9180-8181 It Pays to Do Business With a Man You Can Trust Members of the Brooklyn Real Estate Board have the implicit confidence of the public based on a record of twenty-one years in which they have diligently sought to build up and maintain the most exacting standards of trustworthiness and competence. VjanV S1S "raw. ,1 it cks, wsf i i.r i a 1,11,1, PJi' ST-l Srt P4 1 1 1 JOX-TTTC V.f iiiiwii inr- -rt iwiww hi wteliMv -lift fc- tT'--' W.

M. TISKE ADAMS 1321 Poster Ave. Mansfield 991. SAM I EL AOI.ER 40 Wllloughbr 8L Triangle 431. AJKI.I.O ROSATO 142 Montajcuc tit.

A8HKR, O.l N.N, a SO. Ine. 113 6th Av. Sunaat )-. BAII.rY a 1IARHKRA ill surt Cuosr Island.

BAPFA a DIXON 17 Montagus St. Triangle I. BOHKRT 1. KAI.MANNO 316 Montague St. BINDKK a ORAD3T, fee.

Brlshton Beach Av. a Coney 1st. At. 3f. BKNNRTT a PON 441 Dean St.

i. D. II. BERGEN a SON 13 Lafayou Av. Nsvlns IM.

LOt IH BEKR8 HONS 149 Jtsmaen St. PAIL A. BOtjOANlA T7 Lafayette Av. Nsvlns 1. IMnviK KEEOAN 97 6th Av.

South Till. A. J. unowis 3(113 Nawklrk At. Tsl.

Ingarsoll 323. Bt ROESS a BANOrNITTO 2S0O Oean Parkway. JAMEM L. HKI Mt.K.V COMPANT 119 Montague at. DILK1.EY a NORTON CO.

9 Lafayette Brooklyn. KR5 Nostrund Brooklyn. Hill 4th Brooklyn. 1214 Flatbush Brooklyn. 1S0-09 Jamaica Jamaica.

Hill. and 19011, Mollis. 17 Lafayette Brooklyn (Insurance Department). EDWARD BUM REALTY CO. 31 Cortolyou Rd.

Buckminster 1100-1. CARV, HARMON a COMPANT, lae. 144 Montagus St. COLAHAN a HOKSBLE 1444 Nostrand Av. Flatbush HOI.

THE REAL ESTATE CO. 187 Montagus Bt. NOAH CLARK. Robt. 39.

Patterson. President, S37 Manhatlaa At. JOHN II. LA SON 1731 Nostrand Av. tngersoll I0JI.

WILLIAM H. DANAHKB I Park PI. EI.TSAC REALTT CORPORATION 18 Court Nt. Tel. Triangle 7191.

II. K. ESTEKRROOK 14S3 Fulton HI. estate of tiiomas b. farbeli, 334 Flatbush Av.

g. FINHER, Ine. 1602 Kings Hiirhwsr. Dewey 813L FRIDAY a LK1IMANN 9C1 Halssy Bt. ftAl.ITZKA Corner Nostrand AT.

asd ATeane N. OEOKtiK P. (1ANZLB 179 Ilutledgs Ht. Tal. Wmsbg.

1)03. EDtVAHD J. GAYNOH 44 Court St. ARNOLD T. (IHEGAN 111 Montagus Kt.

Main 117. FRANCIS (U.IANO 200 Montafus Nt. Triangle 13-3. CIIARLKS L. (IILBKKT 767 Nostrand Av.

I Pepet Broadway, Flushing, L. 1. Phone Fluihlnr 7200. HENRI UILI.K1AN a lee. lf.3 Kemsen St.

Tal. Triangle 100. JAMES H. (1II.VARRV ioi court 144 ssTsath At. W.

H. (iOI.DEX 1014 Flathuft'i Av. avd HOT ATeane B. JOSKI'H M. OHORH.

lse. Flatbuah At. Bucko Outer 3200-1-3-34 E. J. A S.

(IHANT 1S9 Mnntasus St. fiKF.KN IIKOTHKRS 6 1ii a. Ingarsoll 1137. LOI IH (IKKTNCH 154 Montagus St. Mala 313.

JI IK1K UI NTAH 874 17th St. HAMMER a FIERSON 67S2 4th Av. Atlantln 4300. KHNKNT M. IIOLLIDTFR 120 Noatrand Av FlathtM III.

FHANCF.H M. 117 l-rospaot PI. I.afavatte l. RIKER, J. lit Ft MAN lae.

1K1 Mnntaeua St. GF.OKCF. P. IICNTON a SON 2017 Church Av. Buckminster 113.

OKORtlE E. JJANTZEK 1R82 Plathuah Av. Ingarsoll lf. L. K.

IHNARIH a COMPANT 213 Kings Highway. joiin r. jamem a SONS 193 Montague St. JAM KM F. HIF.KNAN REALTY CO.

G7IU Hay Parkway Bsnsonburst 1411. EKL8EY a WALTER 147 broadwav. KETCIIAM HRO lea. 121 Itali.h Av. B.

T. KNOH'LEg COMPANY 193 Hn.adwav. KNOX REALTY COMPANY 1M1 Flathush At. Manaflald CANTON KOCH a lae. Avenue J.

WILLIAM I. A. KOLB 123 Montasus St. CHESTER A. LefETRA 1...

v. n. vwn, n-rV-fi- mil i II ITiMiilin imM I -ti mmiiniinii 1 fr 1. 248-66 Garfield pl five S-story 1-famllics, to be auctioned by Henry (illllgan Co. at noon, Wednesday, Kept 22, In Brooklyn Ileal Hstate Exchange.

2. Mansion on magnificent estate near 176 realilcntlal plots comprising Mlramar, Sands Point, I to lie sold at auction by Major William keiinclly, auctioneer, on premises, on Saturday afternoon, Sept, I. S. Bird's-eye lcw of heart of Flat-litish at. business, shopping, center, showing triangular DE VIVO TO START REALTY AUCTIONS IN SHEEPSHEAD BAY Firm Plans New Activity in New Flatbush, Harkness Tract, President Says.

R. B. T)e Vivo k. brokers, have announced their entrance Into the field of realty auctioneers. The Ds Viva concern, which has been Identified with realty activities In Bheepshead Bay and the New Klat-buah-Harknesa Estate tract alnco It waa partitioned and sold at auction by Joseph P.

Day, recently was associated with Coughlan Sk Co. of Manhuttnn In several sale of Harkness Katute properties. "There are thousands of lots In the Harkness Kstate," said K. K. De Vivo, president of the company, "which were purchased at the several sales held by Mr.

Day and at subsequent private and auction sales, whose owners would like to offer them st public suction. Now, ws sre the pioneers In Harkness Kstate lots; we know the property thoroughly. Its prospects and Its present values, and we feel that by adding an auction department to our concern we can serve our clients and at the same Mine stimulate activity In Ilsrkners Kstate properties. "Here Is a huge, high and dry tract of land." he continued, "right alongside of rapid transit, accessible to every part of Brooklyn und a few minutes' ride from the shopping and business centers of the boro. There Is nothing on Ixing Island that can compare vlth It for prospective values.

Homes must rise on this hind. It is the nnlv large tract remaining In ltrookKn ttmt doee not require auxiliary transportation with which to reach It and, when liulll up, has available every city Improve-tuent right at hand PHILIP MVOVI 211 Schermarhorn St. HARRY A. LKVINH 121 Kingston Av. HARRY M.

LEWIS 119 Montague St. THE LEVF.KICII REALTY CORP. 143 Montague St. MITCHELL LI RIO 184 Joralamon St. EDWARD I.VONS.

Inr. (31 Nostrand Av. Lafayette 1011. FRANK J. MACERLE Jamaica Av.

at 110th Rich moml Hill. Branrh: Hillside Av. and llh Hollla. L. I.

McATEER a SOLTItCOMBK t23 Fourth Av. Atlantic 4194.. HelNBRNEY-KLINCK REALTY CO. 1140 Flatbnsh Av. Buckmlnstar OlOk 3IANISTF.R REALTY COMPANY 1491 Flatbuah AT.

Ingarsoll 1211. JOHN MATTIA 260 Hamilton AT. Henry llaa. t. MASTRIIM1K 18 Bockawav At, Dickons 7I.

FRANK M. MrCl'RDY In. Ill Kemsen Ht. L. A.

MICHAELS COMPANY 9402 Third Av. Atlaollq 49)1. PAl'L ,1. MORRISON 189 Montagoe Ht. Triangle 6431.

Ml IR a Dl'FFY 609 76th tit. Shore Road 1381. HENRY L. NIELSEN COMPANY, lae. 33 Court St.

M. C. IIKIEN, Ine. 7HS NnHtrand At, Ilranrh, 3000 Chores Av. O'HKIKN A MACHIE 464 86th St.

Atlantic 9430. OHNEWALD a DENLINOER 1220A Flatbuah Av. llupkm nater ZM. CHARLES PAKTKIDOK REAL ESTATS Ine. 700 Franklin Av.

at para 189 Flatbuah oup. Sth At. FREDERICK J. PEACOCKE 103 Lawrence St. Trlanale 42IL JOSEPH PIAZZA 179 Central Av.

FngOrort nil. DAVID POUT KB, Inc. 82 Court St. LEWIS II. POINDS S3 Court St.

POWELL HEAL ESTATE COMPANY 130 Flatbuah A v. Nsvlns 100. BL F. PRATT a HON 3111 Nostrand Av Mansfield 10203. CHARLES H.

316 Montague St. JOIIN PI LLMAN REAL ESTATE CO, 741 Union 9t. Tel. 0649 South. WILLIAM P.

HAD COMPANY 163 Itemsen Ht. UAI'PF a COMPANY, lae. 186 Harnaen St. REDMOND BROTHERS 818 Vundarlillt Av. JOHN KF.IH COMPANY 806 Flatbuah Av KITE REALTY J.

RCHLAN8E 8013 Fourth AV. Sunset 4711. CHARLES K. RICKEKSON 276 Flatbuah Av. Nsvlns ll.

THOMAS E. ROGERS 619 Grand St. JOHN II. HOWLAND IleKalb and Franklta Ava HI NTIN a KOBIIINS 189 Montague St. Triangle 373.

EVAN J. HI HI IN 116 MontHsus St. Triangle 1313. F. C.

KALTK.H AGENCY, lae. 431 Fifth Av. South 0211. HENRY SCHENK 276-77 Oram! A v. Prospect 1TI3.

FRANK A. HEAVES a COMPANY 119 Montague also tU Third AT. S. SCARPATI a SON SDOIt Ft. Hamilton Pkwr.

Atlastto A. J. SHANNON COMPANY, lae. 38 Seventh AT. SHANNON REALTY COMPANY 1211 Flatbuah AT.

Buckmlnstar III. JOIIN HILHI1B 763 Nostrand AT. Daoatar til. CLARENCE B. SMITH 1424 Fulton St.

Lafayette tilt. JOIIN L. MPENCft 870 Livingston NATHAN HTF.HN 750 Flushing. JOSIll'll C. K.

400 Nostrand Av. Tel. Lafayette I. O. FRANK SWEENEY 4724 Hay Parkway.

TAYLOR-MO WEN REALTY Ine. Ildl Bergen St. Lafayette I491-4-I. TIMM a IIRHRENS 130 Montagu Ht. Tal.

Triangle S94. El.r.AIIKTH A. TIMELIN 447-141 Tompkins Av Laraytte lilt, TRIANGLE REALTORS, Ine. 706A llnaara A V. Flatbuah 443'J.

TI'TINO A COMPANY 1309 Fifth Av. THE TY1.ER-WAKRRN CO. 1111 Fultoa Ht Starling TAN IDF.RNTINE a VAN IDERSTINK 91-08 Sutphls Boulevard. Jamaloa. LEONARD N.

VAt GHAN 909 Fulton Ht. Proeper.t I03T. FREDERICK W. WALKER Jr. 131 Seventh Av.

at Carroll Sb Phase Nevlna 0064-191. ROHKKT WARD Jr. 1H9 Montague Ht. HENRY WEINBERG 61 Chanibara New Tork CltT. WKHTWmil) REALTY COMPANY 186 Plalloiah Av.

LOI IS L. EARNLEY 166 sevasth AT. HSTIBS ftaaa. RICHMOND BROKER TELLS OF BIG RISE 1 IN ISLAND VALUES (Continued from I'age I) for which ths seller paid a. few year ago," Mr.

Kolff'a sxperlenca Is being repeated ail over Htaten Island In larger or smaller way. The Island Is on the verge of a new era of prosperity. Money In vast amounts has been provided for needed public improvements. Hy selling 814,000,0011 of Its bonds, the 1ort of New York; Authority has provided funds with which to build bridges, which arj Important In Its general plan of development. One bridge will connect I'erth Ambny in New Jersey with Tottenvlllc, button Island.

Another. Klliabetli In New Jersey with Holland Hook on Htaten Inland, snd a third bridge to Huyonne will ronnact the Inland to a point In New Jersey. Homo Untitling Iioom. During th past six months hun dreds ol attractive one-family dwell ings have been built In and around Totienvllle and other sertlnna which were ripe for the home building boom created by the bridge plana and the electrification of ihe rail ways. Matty old farms have been cleared In Ihe onslaught of develop ments along the puthway of the improved transit linee.

While property values In the new home sections have taken an upwnrd trend, the. cost still remains within the reach of persons of moderats vueanx. A congenial dwelling place can be found on snuten Island for tha man small Income, where his land Is located within ths corporate limits of Ihe greatest city In the world. Coins I'mui Congested Sections. Ths drop In th population rsf Manhattan and ths Increase In Krooklyn and queens, Indicates that residents of New York City nre moving uway from the congested center to the open spaces, where their children are provided with playground room and healthy surroundings.

Kvl-donees of I his migration are apparent In the growth of New Jeraey suburban tuwns as well aa In the oommutlng sonrs of Weatcheater. Htaten Island la sharing In this esu-dus. Ileal estate brokers un Htaien Inland report thai they are selling homes and vacant land to resident of Ihe thickly-populated neighborhoods of Manhattan end Ihe llrnnx. A proif of the popularity of lllch-Diond aa an attractive home boro Is the In, Tease In popiilstlun in His) past live years from llO.tieu to Trassportatlun within Him horn sa well ns between Ihe other burns of lbs city Is an outstanding factor In ths notable grnwsh which la taking place on Htaien Inland. iSTt id KM Ml li KAI.m.

Chuuncey tlrlffen, sales dlreo-tor for I'sik View, Hiamford development on si on I'nst rd Wen-Chester, old 83 and 84 on II ve-meyer lane In Mary and Krsnk (I alio uf Hismford, and two lot on Miano lane and two on Alvor, lane in Harry Ilellly of New llochelle. 147 Concord St. Tnsasia PLEDGED TO A GRKATKB UHOOHLYN ilium" RENEW PLEA FOR NEW POST OFFICE IN EAST SIDE AREA Fifth Avenue Association Backs Campaign for Better Service in New Business District. The Fifth Avenue Association will redouble the vigor of Its campaign this fall to secure the eatabliahment of an additional postolflce substation In the vicinity of K. (7th Manhattan.

Ths association la to hold a meeting In the near future and, armed with the results of a survey Indicating recent building Investments In the district of nearly $60,000,000, will emphasise the need of a new postotllre In the area. "The east ldo postolllce problem," saya a statement from the sssocla-tlon'a oftlcea, "bus been pressed vigorously by us with the rostofttce Department for several years. Ths need for better facilities lias become more and mors apparent as realty development In the territory hounded by Park and 6th 49th and 60th transformed that area from a brownatnne residential zone to one of the finest business and residence centers In the city. It Is estimated that during the past few years alone nearly $50,000,000 has been Invested In the construction of olflce nnd other types of buildings, Including apartment hotels and fine residential structures. On 67th st, the construction total has Involved an outlay of about $16,000,000 and.

In addition, properly transfers on long-term leases, recently consummated, reach a total of "Fifth ave. building development has continued at a rapid rate aa old residential buildings are replaced by beautiful retail establishments, topped by nfnee snd showroom facilities. Fifty-seventh st. has be. corns a center of the art and dec oration tradee.

Humiliated by the Aeolian Building, tha plana and musical Instrument districts sre spreading from 67th at. down as fur as (4th st. "Madison avs. Is transformed as by a magic wand, and in all ths adjoining cross atreets ground floor retail establishments, surmounted hy office structures, are everywhere re placing the four and five-story private homes that have stood for years. "To mset this rapidly Increasing demand for nostul ssrvlcs there has been no expansion of existing fa duties.

The section from 40th to 60th ma. and from (th ave. to the Kaat lilver haa aiwaya been served bv the Grand Central Postnlflce, being a subdivision of that terri tory designated aa 'Grand Central It la our understanding that plana are under way In ths Posioitlce Department to add 160.000 square feet of floor area to the existing c.rund Central Pnetofflce. This ad, II tlonal space will expedite the handling and delivery of mails and permit tha expansion of carrier service." REALTY AND BUILDING SITUATION SHOULD BE WEIGHED ON NEW SCALE (Continued from Pago I) low yields on high grade bonda and the Increased prestige which real estute security I commanding. Low Interest Italra.

"In other words, the man who wants a home of bis own today able to finance with much greater convenience and at luwer Interest tales. Differences In such rales ran easily make variations of from In to 20 percent In actual building costs. And such rates, due to the great ease In the money and lha extension of finance facilities, are lower now than for many years "Next In Importance aa a market Influence comes ths prosperity the Individual. T'er capita wealth hue steadily since the war, and because ths average cost of liv lug bus slowly declined, Individual 1, ovlng power today Is greater, than ever before. This is graphically II lusirsted In the automobile Indus try.

where wsges now sverage 820 percent of the prewsr figure, mors than double; while prices of bffH Bir Court-Livingston Building Financing Is Announced Work on the projected Building, Court and Livingston sts 66-74 Court Street Keulty Corporation, owner-builder, Is soon to get under way. Already the site has been cleared and progress made In digging for the foundations for the new 30-atory skyscraper for Boro Hall. Financing of the project Is announced for this week. A $2,000,000 first mortgage 6 VI percent serial gold bond Issue has been announced on the property by Greenebaum Sons Hecurltles Corporation, maturing semi-annually in 2Vi to 16 yeara. The bonds are redeemable on 60 days written notice at a premium of 8 percent in addition to the principal and accrued Interest.

The borrower agreea to pay the Federal normal Income tag up to percent and Htute taxes up to 5 mills. The bonds are a direct obligation of the 66-74 Court Htreet llealty Corporation. GERBINO EXPLAINS BUILDING FIGURES FOR SKYSCRAPER Graybar Structure Concrete Work Breaks Construction Records in Magnitude. The Graybar Building, In course of construction at 43d st. and Lexington Manhattan, furnishes a vivid Illustration of how the office accommodations of Manhattan Island are continuing to rise up Into the air.

Nearly 81 acres of cinder rohcrate floor archea and cement floors sre being Installed In this building by. the Knickerbocker Fire-proofing Company, The exact area Is 1.860, 009 squars feet. If thla area of )onr apace, which la rising on a plot measuring only 24. by 376 feet, were spread nut flat It would more than cover all the territory between the west side of Madison ave. and the east side of Lexington ave.

from 42d to 46th st. Thua It would blanket the whole Grand Central Terminal, seven big oltlce buildings, the Yale Club, three huge hotels, the two vacant lots north of the Grand Central Htatlon, and all the Intervening streets. F.xplaln Figures. "In connection with the Installation of these floors," said Louis Grr-hlno, president of the Knickerbocker Fireprnoflng Company, "we will use 1,600,000 square feet of reinforcing wire, 60,000 barrels of cement. (0.000 cubic yards of cinders, 20,000 yards of sand, $60,000 square feet of lumber and l.ooo kegs of nails.

There, will be 200,000 linear feet of cement base, or nearly 811 miles, In this building, a dlstanrs greater thun the perimeter of Manhattan Island. "We have about 400 men working dally un thla Job und are placing on an average 82,000 square fret of arches a day. Another exceptional feature Is that ws have started the laying of the finished floor wllh only hslf the archea Installed. This means that If ws maintain our present schedule, we will have completed the Job not later than Nov. 13.

I.artcat Area In Firm Tic-cord. "This Is ths largest area of floor archea ever Installed by lis In one building In the hundreds of sky-scrapera that we have dona In the 30 yeara during which we have been installing archea and finished floors." The, Graybar Hitlldlng will be (he largest office building above ground In the world. It was designed by hiosn Kobertson, end Is being built hy the Todd, llobertson, Todd Kn-glneerlng Corporation. Fustern Otflcee, In, sre the owners. The building will be finished and ready for occupancy by the first of April next year.

11 1 Staten Island Deals Cornelius U. Kulff, sold for the Nluyvesant Farms, a plot lnoxio on Walnwrlght In ths Htuy-vessnt Fsrms. hillngvllle, kUalen Island, te Miss 19. Pollloa. block upon which will rise the new Fox Theater and offices, and showing also, directly opposite, the plot of 13,157 sq.

ft. which will be sold by the city at auction, through Joseph P. Day and Henry Brady, associate auctioneers, on Out. 28. 4.

Harold Mungcr property In Prospect Park, White Plains, held at mora than $40,000, recently sold through. Louis Uonung, broker, to Carolyne Marono, of Manhattan. Residence has 12 rooms, 3 baths, on plot of more than half an acre. KING'S POINT GROUP WILL PASS ON ALL BUYERS IN COLONY Major Black Forms Corporation About Great Neck, L. Tract-Homes Under Way.

Plans ate being completed for an exclusive residential culony at Kan-ntlworth, King's Point, Great Neck, I I. The colony will be composed, It baa been announced by MaJ. B. Black, who conceived the Idea, of people whose social and business status Is such as will pass the re. qulrements of a special selective committee.

According to the Major, to facilitate the building up of the exclusive colony In Kennllworth, the Kennll-worth Corporation haa been formed. Thla corporation, under the direction or Major mack, will choose the names of people from different walks of life, who will be Invited to Join lha Kennllworth colony, such names to be previously approved by the selective committee. Kennllworth, a tract of 140 acres, waa formerly the fine old waterfront estate of Holand Mitchell. It Is situated on a bill In the King's Point section of Ureal Neck, overlooking the Hound and Manhasaet Hay. Hur-rounding It are many estates.

Keniillwurth itself has many beautiful homes now being erected by well-known "people notably Oscar tlammerstetn 2d, Judge Kussell Hen-edict, lr. John Cornelius Tyson, William Hohlll. Thomas lingers, c. p. Tnwnseiid.

John llogurt, Frank Cheek and Kugrne Buck. Many other prominent persons who have already mined the Kennllworth colony sre plennlng to build within the near luture. Hestrlctinns In Kennllworth are rigid, providing for distinctive homes at a minimum cost of thus protecting Its architectural beaut v. A fine lagoon Is nesrlng complo-tlon. while the construction of a yacht club and pier will be started shortly.

Li i 51833,999 TOTAL Past Week Shows Sharp Rise in Estimates Much 7 Housing Is Listed. By JAMES HOI.TON. Contmilat1 construction for Brooklyn, filed during th past week with the boro Hureau of Building, reached thq high ngure of $4,833,990. This waa an Increase of nlmoat 100 percent over the total for the week. Thin propltioua spurt in building plana for the boro nfler the Labor )ay holiday augur well for the remaining months of the fall.

The rle In contemplated work waa forecast in thla column warly in the Bummer. It la the belief t'int there will be no tvaat fulling off In work here. 4l1' Ouclllng pinna Strong. Analysis of the llrooklyn figures In contemplated construction, filed with the bureau for the period, Hept. 7 to 11, ahuwa new plana for dwellings continuing strong.

I'lans for structures, housing TJ5 families, were listed, with an estimated cost of 3.40.(00. Items in this total are: 34 single. family hrlck dwellings, to coat 1131.000; go two-family housea, to cost all atore and two-family struct urea to cost f4 Apartments In Wn lt. Brick tenement construction planned totaled 64 buildings housing 4t5 families at a cost of This la a total of 14 brick atruc-tures. housing 1 families at a.

coat of 13.111, 60U. The total In frame construction waa for 87 dwellings to house 44 families and cost $293,800 Kally Klgurna. Dally figures for the past week show the spurt In plana tiled after the tv, ims j'. These were: nt. 7.

11.2119 97S 1 47a.lf,5 1 KM) HCi 22 9 J0 14175 Hept. II Nept. 10 Hept. 11 Week total $4 833 990 Important' I'lanV innrig the Important estimates filed fer approval were the following. 002 13 21t southwet corner aOth il torv brick.

to cost Jiu, WW. euros lieslty Company Henismln llosenblatt. preNidcnt Charles tnfnnger ar Hon, architects. lienson northwest ror ner Hay -nth 2-story hrlck recrea rtnn hull arid Hunduy school, to eowt $0. oOo, Congregation Hons of Israel I'harlr Itaston.

president, Hlee Hryson, architects. 74-uuill ave, southwest corner Holiday Period Causes Decline in Building Activity In proposed construction throughout the country fell off in the past week, due chiefly to the Labor Day holiday period. The totl sum involved in nil classes of building operations, public as well as private, for the week was $34,350,000, which compares with In the week previous, and $62,600,000 two weeks ago, the McGraw-Hill Construction Dally reports. The decline In the valua of projects proposed waa particularly noticeable In commercial bulldlnga and Industrial operations. The value of projects In the past week, by groupa, was aa follows: Puhllo work.

Including municipal construction, apartment houaea and hotels. $6 office hulldlnga and lofts. hospitals, theaters, schools and churches, railroad construction, $2,000,000, and industrial projects, $1,960,000. BUILDING PERMITS FOR AUGUST ONLY DOWN 9 PERCENT Straus Reports See 20 Percent Loss- in City Due to Manhattan Drop. August building permit reports re ceived by 8.

W. Straus Co. from 413 cities show a decline of only percent from August, 1326, and a percent gain from July this year. In view of the fart that the July building reports throughout the country showed a loss of 1 1 percent, the August figures appear to Indicate that building generally Is not slowing down at a rate which la likely to have any appreciable effect upon the hull, ling Industry as a whole. 1 hi volume of building, In fact, la being maintained on a plane which shutil provide ample work for nil of the available skilled mechanics In the building trades.

The total for the 443 cities In August was $17,1 43.293. compared with $404. Slid. (41 in August, and la July this year. 'II Ice Mmw In the list of 26 leudlng rales.

those showing gains were Chicago, Washington, llultlmore, Cleveland. I'lttshurg. Han Francisco, Albany, Milwaukee. Jersey City, White Plains, Seattle, New Haven. Jacksonville, Oklahoma city und Providence.

A loss of 20 percent In New York City was due entirely to slowing own in Manhattan, which was hi percent behind August, 1125. t'ht-l August loss wus only itliout 0 mid the city hud gain of pearly over July this year. iM-irolt's August loss was only about iioii.iioo Philadelphia hud a neg-llglble loss from August hut a decline of ajout $3,000,000 from July this year. Mai" Leads South. Jacksonville led the 25 lending building elites of the Houth.

with a gain of more then SO percent over August last year, but the Htate of Florida showed a loss of 67 percent. brhk 2-famllv. st Fine Jacobs; H. Malklnd. architect 27th st.

II S-etory brick 2-famlly. at l.lOOuO; Htephrn ia-grsnde: Pork A Olsen, nr liltwte. J'ui-ls Many ave, southwest corner Penn 4 Lrtck family, to cost I'elin Man Itialty for-poiatlon, Charles afidernmn. president; llarty Ihirall, architect. Mx-Mory Tenement.

187-41 -story hrlrk 35-family, at Mayer Katcher; Cohn Brothers, architects. 402-14 Foster ave brh 34-family, st AIIrtol Holding forporstlon Hutnitel presl-lent: W. Mct'stthy. nr. hltect m'i3-H I st 4 story tul, S4 fiiin.

Ilv. to cost $170 "00; Mymm Construe. tii.it foinp.iny. Jnc IUa 1 tiger lepler, sn hlte, IUI4 14 W. 7th st 22 t.storv brick 2 family, lo $1 $2.0.

seph Mar. tuvune; V. a. Todaro, arthllect. the product ars lower by S3 percent than the 1814 figure.

Klmllar Trends In Other Fields. "Slmllnr trends are evident In many other basic Industries. As a result, more people than ever before iire financially able to possess homes of, their own. It is, important to re- memhor this In the midst of volu ble comment about higher building osts. Wages ars higher, too everywhere.

"I already mentioned tne automobile industry. In the home building program the automobile Is playing an Important part. It Is making city atreets too congested to afford play space for children. Hlmultaneously It la making possuue 10 mo inuuuuue ths acquisition of homes away from the congested city centers, as well as increased prosperity In almost Innumerable industries. Hers Duma ml In Knburha.

It is announced, for Instance, that the sale of bicycles Increased last year by 11 percent, this increase being made possible by the Increased ueveiopmeni of the suburbs, which, in turn, is due to the automobile. The rapid development of good roads, also resulting from automotive demand, Is likewise re sponsible for the move of population to suburban homes. llemand for suburban property, fur from having reached ws peak, has probably only begun. "Factors such a these Indicate mull decline In the building snd real estate demand of the last few years. In otllr buildings ami hotels overbuilding Is temporarily pussllile, and In certain cities may already have occurred In tha residential Held overbuilding is not even In sight.

In New York, particularly, where there has been the greatest volume of building In Ihe country, th shortage of small dwellings Is still evident. Only lust spring Governor Hinllh estimated a need for 70.00H pew houses III New York I it alone. Value on I'ligratle, "A'tth Increased community prosperity there sre thousands of old tenements to come down. In some parts of the city houses officially condemned 41 years ago still stand. As our slums are wilted out many of the residential tenements' will doubtless never be replaced.

Immigration has slowed down lo a Irlckle and former occupants of slums want homes of their own In the suburbs, where their children will neve playgrounds and light and sun. ''As a result real estate valuations in a radius acceaelhle to New York City are definitely on the upgrade and are a gill-adga long-term Invcal-menl. As if Ihe bull, Hug program our conceptions of 'normal demand' should be largely revised." M)N Additional mortgage loans amounting to 118,841. 781. 30 were msde during the month of August by the I'rudeiitlal Insurance Company of America, according lo a report issued by Archil, aid M.

Woodruff, vies pres. Ident of that company In churge of lis activities In this held, of this total 313. 147. 701. fill was on dwelling houses und apartments In Ihe United Htstes snd Canada for the acenmmo.

datlon of families; 33.33o.ouA was on city properly other thsn homes and Ihe remainder, 138, 30, was In furm loans. 25 Cities Reporting Largest Volume of Permits for August, 1926, With Comparisons 193. 1125. July, 1926. 1.

New York I P. F.I $75 32.1,146 $97,364,300 $80, 231. $24 2 Chicago 34.024.600 11,019.700 It. 34.300 3 Detroit 14.413.74 1 16.447.701 14,257.670 4 Philadelphia 9.674 43b 9.336.676 1 3.319.246 6. Washington 4.373.076 3.

364. 1 1 5 4 706.660 6. Los Angele 3,336,101 JO, 321, 257 14. 1 36, 776 7. Huston (P.

i 6,1 33.35$ 3 066,26 4, 340. 673 3. Baltimore 1.313.300 4.924.300 3.014.304 9. Cleveland 6.633,473 4.343.160 4,713.450 I. Newark.

N. 4 643 01 3 3.966.946 4.1 30.447 11. I'lttshuig 4.604,070 3.334.921 3.330.333 12. rlsn Francisco 4.1 43.610 2,340,074 1.653,03 13. Albany 3.977.374 376.41 1,467.61 14.

Columbus I.44.V160 6.323.00ft 3.043,400 13 Milwaukee 3.621.1 40 3.063.743 4. 44. 256 1. Portland 3 163,36 10 3,367.406 17. hi.

Louis 3.1:4,35 4.667.333 2.431.441 13. Jersey City 3,077,1 35 1,140.340 1,403.309 19 White Plain 2.06,275 703.673 1.0)4,900 20. Heattle 2, 74.641) 2.0)3.33 2.426.43 21 New Haven 3.766,46 41. 363 343.33 22. Jacksonville 2, 720, 590 3,263.413 Oklahoma Cl'y 3.447.426 (71.341 603,314 21.

Ousland 3. 445. 900 3.244.41 8 3,362.726 25. Providence 3.601.300 3.024.000 3.061.606 Slsl 4-smry brick, 74-fHinJy. at $175 000; Wyniaa Constructioa f'om-psny.

Ira Max, vc president; Itlces I ngerlelder. architect. 2H16 42 61st st nine 1 etorv hrlck famlly. with garsges. at $I29M1.

rleller AV Desner llealtv Cf.mpsny. Hsmuei tieller. president, I'etcr MHImsn. ttrcliltect. 1913 2S Htillwell ave sis 3 story hrlck store snd 6-famlly.

at $11000; If, ll iu lliilliltng orporatlioi. KsmiI lliisa. president Ilcnnelt Koeppel, architects. l-argr Park Mope Theater. I3f3 63 S'ostrsnd ave Hie 3 brick store and 6 family nt MavMell Cunstruetton Comistiiy.

J. W. f'ytrvit. architect 814 J2 sih near 6th eve t. etorv hrlrk theater, lo cost ark Hlnpq Amusement CorporMllotl.

Mst- eus Ltew. president, Thomas W. Umh. arcliliei-i. fM-6ft th ave one 2 tot hrlck ofTlces and bank, to eot $1000110.

Htone Avenue Corporation. Weinberg, president, Cohen archleds SA-4'anill) Awrtnirni. 02-12 Saratoga ave one 4 story hrlck. stores and Jo-famlly, at uOi Jack levins; Colin lino hers svrchlfects. X4U-1, 1441-71 lid at, 31 1-story.