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The Brooklyn Daily Eagle from Brooklyn, New York • Page 45

The Brooklyn Daily Eagle from Brooklyn, New York • Page 45

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Brooklyn, New York
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45
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REAL ESTATE AND OTHER CLASSIFIED ADS IN THIS SECTION OKLYN DAILY EAGLE Reel Eilste for Sale Real Eitete (or Rent Rooms (or Rent Situatione Wanted Uied Care for Sale Real EUta Newt Apartment! lor Rent Buiineu Opportunities Help Wanted Steamehipt nJ Travel SchooU and College! NEW YORK CITY, SUNDAY, DECEMDKIt 2, 1928. FIVF FNTS neveN cknij rut icnu Nrw Vork Elwwhe RECORD MONTH IN BUILDING PLANS WITH $6,000,000 TOTAL; QUEENS FARMS GIVING WAY TO THRIVING HOME COLONIES Ssclion BRO Plan 22 Houses QUEENS BUILDERS NOVEMBER PLANS Yeshiva College to Be Dedicated Next Sunday extend mm Higher Trend in Total for Contracts Heavy construction contracts let throughout the country in the past week were valued at which compares with In the preceding week, and $97,440,000 in the corresponding week last year, Engineering News-Record reports. Despite the drop from last year's weekly total the general trend for the current year continues upward. The total volume for the past week was about $23,000,000 under the same week last year and the decline was due to the that two unusually heavy subway contracts were let iu that period. Awards on heavy construction and engineering operations announced since the first of the year totaled $3,396,434,000, as against $2,973,362,000 in the same period last year.

"A i I If APARTMENT ELANS IN MANHATTAN DEAL INVOLVE $7,000,000 Vincent Astor Buy Large Plot for New Building Operation Prominent among the transactions in Manhattan the past few days was the purchase of the Hotel San Remo, covering the block front on Central Park West, between 74th and 75th from the Brennan Estate. The buyer, a syndicate of investors, has assembled the plot of 29,000 square feet for an apartment operation estimated to cost $7,000,000. The San Remo is a 10-story build ing erected 37 years ago by Michael Brennan. It has been continuously owned by his heirs since that time, Included In the purchase by the syndicate were two Iour-story build lngs adjoining. Vincent Astor, who a month ago completed a large apartment house at 630 E.

86th purchased a site for another apartment house operation at the northeast corner of 85th st. and East End valued at $1,000,000. The block front on Dyckman st. from Seaman to Paysoa held $830,000, has been purchased by Joseph P. A.

OTJonnell from the Fanden Realty Company. On the plot are two five-story apartments. Harry J. Rogers was the broker In the transaction. Schultze Weaver, architects, filed plans in the Manhattan Building Department yesterday for a apartment house, which will be erected at 1213 5th avethe northeast comer of 102d on a plot 100 by 90 feet.

The building will cost $900,000, according to the architect's estimate, and it will be erected tot Arthur Brisbane as owner, with offices at 515 Madison ave. Many boro men and women interested in Yeshiva College, the first anniversary in America devoted solely to orthodox Jewish teachings, located at Amsterdam ave. and 186th and which will be dedicated on Dec. 9, have contributed generously to its 1 5,000,000 building fund. The building will be completed Wednesday, when its directors will hold a private inspection of the college, which will not only provide theological courses for men preparing to become orthodox rabbis but which will give courses in liberal arts and science.

The cornerstone of the university was put into place on May 2, 1927, in the presence of public officials, educators and more than 10,000 other spectators. A dinner followed the Ceremonies, "at which Boro President Joseph V. McKee, Senator Copeland and Dr, John H. Finley, former Commissioner of Education, spoke. Dr.

Barnard Revel heads the Jeshiva faculty. MILLER ELECTED TO HEAD NEW YORK REALTY EXCHANGE Kings Highway Lease Involves $375,000 The Kingsway Realty and Mortgage Corporation leased the entire first floor of the new building at the corner of Kings Highway and E. 17th st. to the Kings Royal Restaurant. The lease runs for a period of 21 years, at an aggregate rental of about and covers an area of approximately 8,000 square For Plot in Queens Twenty two-story dwellings, each to occupy a plot 20x59, are to be built by the Sklllmaa Building Corporation on the west side of 50th st.

100 feet north of Sklllman Long Island City, from plans by Benjamin Blegelsen, architect. The operation is estimated to cost $200,000. Plans for the houses have filed at the Queens Building Bureau. Boro Real Estate Firm Opens Scarsdale Office Alfred Benson, president of the Bensel Realty Corporation, with offices in Flatbush, has opened a Westchester office at Scarsdale, N. for the purpose of specializing in real estate, mortgages and insurance throughout Westchester County.

PLAN MORE HOMES FOR NEW. COLONY IN WOODSIDE, L. I. Tract Purchased by Elmhurgt Firm to Be Improved With Twenty-five Houses. The Phelps Developing Company, of Elmhurst, L.

has purchusd 39 lots on the east side of 65th pi. (formerly Hyatt between 53d ave. and 53d at Ridjewood Plateau, the new land development by Realty between Grand Maspeth, and Queens Woodslde. This property is to be Improved with 12 store and apartment buildings and 25 single-family brick dwellings nf English architecture. Ground will be broken for the stores within 10 days and the house will be ready for sale in the spring of 1929.

in oraer serve uie large iiuiuucr of new home owners at Ridgewood Plateau, the Woodside-Astoria bus lines have Increased their equipment with two additional busses during the busy hours and are operating on a seven-minute headway. By spring of rntnmiinltv In Itself with more than 275 homes either completed or under construction. To further Insure the desirability of this development as a residential home center, the Realty Associates have centralized the business sections in most convenient and annroDriate locations and have re stricted the balance for strictly residential purposes. N. J.

Real Estate Brokers To Convene in Atlantic City The amiual convention of the New Jersey Association of Real Estate Boards will be held Dec. 6. 7 and 8 at the Ambassador Hotel, Atlantic City. Men prominent in the real estate ana financial field will address the dele- rates. The convention will close on the morning of Dec.

8. and a banquet will be held In the evenine. St Tunnel Plan Issued a statement yesterday in which it went on record as indorsing the Tri-Boro Bridee and the 38th st. tunnnl. in nart the statement says: "Those who are studying the growth and development of Long Island can see the necessity, in the very near future, for crossings at half-mile in tervals from the Brooklyn Bridge on the south to Forth Totten and Fort Hamilton on the Sound.

"The Increased demand for property in Queens which would immedi ately follow the construction of the Tri-Boro Bridee and the 38th ct tunnel would result in tremendous growth industrially, commercially and residentiary throughout the entire boreuh. bringing immediately an enormous increase hi assessed valuation of real property and Improvements which would, in the opinion of many, more than offset the city for the cost of these improvements. "The Chamber of Commerce of the Boro of Queens, as well as many other commercial organizations, lias recognised for many years the need lor additional vehicular facilities. The city officials hive been face to face with, the problem on many occasions, but they have had the added responsibility ot determining how these facilities were to be financed. "The Qucensbcro Chamber has taken the position that the Tri-Boro Bridge end a connection in the vicinity of 38th Manhattan, whether by or tunnel should be provided, as the first facilities to improve the present conditions.

New Bridge Only Solution. "This conclusion Mas been arrived at, notwithstanding the upper deck roadway on the Queensboro Bridge which has been made possible by Mayor Walker and the Board of Estimate through the efforts of Commissioner ot Plant and Structures Albert Goldman. New facilities are the only solution to the cross-river traffic problem. "The Committee on Highways and Bridges of the City Plan and Survey Committee appointed by Mayor Walker recommended In addition to these two facilities, the Narrows Bridge connecting Brooklyn with Staten Island, a bridge or tunnel In the vicinity of 8th Manhattan, a connection from 8'Jth Manhattan, to Broadway, Astoria, as well as a connection from College Point to the Bronx. "The history of the development of cross-river facilities between Manhattan and Loin; Island records that vhe FrcoVlvn Bridge ws opened in 1383, the Williamsburg Bridge In 1903 Continued on Frge 3 AT TOTAL $16,111 Record Month in Building Department Over 000,000 Higher Than November, 1927.

Surpassing the expectations of many architects and builders, the building total for the month of November reached $18,000,000, or $1,000,000 more than during the same period in 1927, when the total reached $15,067,010, according to the preliminary plans filed with the Bureau of Buildings. The last four working days of November brought a rush of plans for large epanment buildings for various parts of The boro. Added to these was a $715,000 school building, bringing In all an average of $1,000,000 a clay for the last four days of the month. The moderately heavy activities during the past several weeks combined with those of the first two weeks, which were interfered with by the Presidential election and the AxnttcftA nan Miohrat.inn make No- fuiiiiaiiiw vember one of the two months so far this year which showea greater wi.au than those of 1927. Dmhshiv tVm most surmising lea- nroa nf thit riant month were the jilans for a half-score large apartment houses, most of which were recorded during the past week.

School Bolldlng to Cost $715,000. Thn laripgt sinale orolect is that of the Board of Education (or the four-story school building to be erected on a plot 178 by 182 feet on the west side of 23d ave. between eoth end fllst ct at ft cost of $715,000. This is one hMiirMntm tinted on the build ing program for Brooklyn by the nrrd nf Education. W.

C. Martin is the architect. rioc.nh Anartment Projects. tv.o nt hpr clans are a $500,000 UiiwB apartment house to be built by Louis 1- T. tA All Bchloss, H.

bv. nM inR tamt An thft West Side plot uj ave. It Is to be six stories and will provide for 101 families, accoruu i in rcniiecb, r. -The Granite Construction Company story 94-famlly apartment house at i-MMinam, trie 453-75 ROCKaway pawjr, ft-r nnrth nf ChUlXn I've TheDcost' intimated at $485,000 by the architects, Conn Brothers. A six-story 120-famlly apartment building to cost $400,000 is planned I by Livlne.

32 Court for the plot 170 bv 142 feet at 321-39 Ovington in fpt past of 3d ave. The plan's were prepared by Prober Blaufeu. At the southwest corner of 85th -i i tn F.nroc Realty 10DA Rmadwav. Will build a six-story 77-family building on the site, iu oy i Blauteux. the architects, place the The 530 Herel Street Company, 17 K.

89th has niea plans ior ine erection of a four-story 48-family apartment house to cost $250,000, ori the west side of Hersl st. 160 feet south of Low ave. sseelig ei jrinaei The Asen Levenson Realty Com- HI TJrrviria'KV will hlllld a fflur- story' apartment building on the 80UtneaSI, comer vi riuwii a hniine 34 families. The cost will be $200,000, according to the architects, Malklnd Welnsttin. On the plot 100 by 172 feet at the southeast corner of B.

52d st. and Wlnthrop sts. Israel Halperin, 26 Court will build a tour-story 84-famtly apartment House to cost S200.000. Cohn Brothers are the architects. The United Israel Zion Hospital, inth ova nnH aftt.h st.

will hlllld a two-story laboratory building to cast SiUU.uuu adjoining me nospnai bh.d The plans for the structure were pre- hanul hw Ti W. nnrfmnn. Abraham Propper, 163 Sutter filed plans ior a iour-story sw-iamiiy and store building to cost $150,000 to occupy the plot 120 by 90 feet on the northwest corner of E. 53d st. and Clarkson ave.

The architect la E. A jlHlonVm a lOnon fnnr-storv 34-famtlv anil stores buUdlng is planned by David Drossnln.136 Vermont for the southwest corner of Clarkson ave. and E. 91st st. J.

J. Millman prepared the plans. The Flatbush Seventh Corporation, 162 Remsen has filed plans for a two-story stores and office building to be buUt on the northwest corner of Flatbush and 7th aves. The cost is estimated at $100,000 by the architect, B. Drelsler Jr.

Kottler 475 Linden will build 17 two-story single family dwellings on the east and west sides of E. 67th st. south of Avenue at a cost of $85,000. F. Ober is the architect.

Four three-story two-family and store houses are planned by the Syd-mac Engineering and Construction Company, 8605 3d for the east side of 3d ave. north of 96th st. The cost of the project Is placed at $80,000 by the architects, Malklnd Weln-steln. John Farina, 534 86th st will ulld four three-story five-family and tore houses to cost $72,000 on the ast side of 3d tve. north of Marine nve.

The plane ere prepared by O. B. Almgren. A four-story 20-famllv house will be built by the Val and Pet Realty Company, 2400 E. 45th st on the nith side of 85th st.

8'J feet west of Mth ave. at a cost) or $58,000. J. H. Wchecter Is the architect.

The Larco Building Corporation. 1717 E. 28th plans to build five two-story slnele-famlly dwellings on the south side of Qnentin rd. startln' I. Kalilch.

urchltect, estimates tX' 40et at (42,000. BOO BUREAU 111 (Hi! Improved Transit Facilities Impetus to Home Buying in Boro. In no part of the City of New Yorlt has a greatest transformation taken place la the last year or so than in Queens. Mile after mile of solid brick apartment houses, one and two-family dwellings, business blocks and other improvements can seen where a decade ago were farms and long stretches of vacant land yield ing nothing. Thousands ot families in moderate circumstances, forced by the mounting costs of rents In apartment houses In Manhattan and the Bronx, nd from the thickly settled nelgt hoods ot tills boro, have been movv in hordes Into the attractive ne- homes in Queens, where there is plenty of playground space, healthy surroundings, room for a garage, and an environment that makes for better home conditions.

Speculative builders of one and two-family houses were responsible for the phenomenal progress of the boro as a community of homes. One of the most remarkable developments ot the past year is in the Laurelton section, rroro than 800 dwellings have been erected, and the colony is still growing. Where Home Building Is Active. The rapid growth of Forest Forest Hills Gardens, Kew Gardens, Springfield and Bayslde with a hitl -class development is one of tH salient features of Queens as a community cf homss. Tr.s growth of Flushing has been principally In the Broadway, Bays'de and Little Neck sections, benefited by the Improved transit facilities, nnd particularly by the subway now extending to Main Flushing.

The dwellings being built In thes localities are of attractive architect ture, well constructed and equlpicd with every known device for th3 comfort of the housewife. The builders In laying out their develcnmnU have provided ample ground for garage space some of the houses hivs garages attached and thereof enough land set apart for lawns nn garden spots. The prlcas being asked for the new homes are not hifh, considering the type of building Yia-terials used, the size of th3 plot aivl the easy financing Many of the builders operating in the active sections of Queens hao had long experience in the They have conducted succ23-f'l building enterprises in other s2ctiTOi of the city, and they give their pc1. sonal attention to the of the bouses and take pride in watchln? their developments gvo and prosper. Transportation is an importuiS factor in determining the location of a home.

Improved transit facilities means to those who work a littli longer than the average lessened time going to business and retrrning home, whether by subway, trolley or bus sen-ice. The bulk Queens residential expansion hr.s) taken place in the sections best sup plied with transit accommodations. The 4th Ward, the largest in area ot the five wards of Queens Boro, leads in the number of new buildings for which permits have been issued since the first of November, according to the records of the Building Bureau of Queens. The 4th Ward has an area of 25,189 acres and comprises the communities of Jamaica, Richmond Hill, Wood-haven. Kew Gardens, Ozone Park Queens Village, Hollls, Bellalre, Springfield.

St. Albans and Laurel-ton. According to the estimate ot tin Queensboro Chamber of Commerce, this ward has a population of Thousands of working penpla employed in Manhattan find thrt they are much nearer in time to their places of employment in the nev Queens home sections than In upper Manhattan and they are attracted to Queens by the 5-cent fare, lower rents for apartments, as well as ths ease with which they can purchas a home with a small down payment, and the balance to be paid monthly. Among the active builders In Queens are: Parkway Garden Homes. building in 168th st.

and Grand Central Jamaica. Ca.sa Espanol. Soanlsh villa homes, at 260th near Northern Utile Neck. Felnborough Houses. Wood-haven corner of 81st Glen-dale.

Tanbrook Built Homes, 2CM st. and' Northern supsrvissd by Pine Brothers. Laurelton Homes, on rid T-siu-relton golf course, Spanish type homes. Ba'er It Bauer, at Dry Harbor rd, and Juniper Valley rd. BvildirT 75th st: and Juniper Valley Middle Village.

R. J. K. Engineering Corporation, Dry Harbor Cowle.i ave. Froh Homes, Dry Habor rd.

and 64th North Ridgewood. Realty Organization Adds to Activity's Commonwealth Associates, one of the largest vacant land orraiiizatifH In the city, with offices at 455 7th ave, Manhattan, has organ'zed a brokerage department with A. H. as Its general manager. Increased ectlvlttes in Queens, Richmond and the Bronx has crested a necessity for the enlargement of Its departments.

nccorrflng to L. L. Deeper, president of the firm. Six separate ana distinct departments are now under the direc-t'on of Mr. Bcharln.

They are man-nlnsr, renting, selling, exchnnge, leas ing, mortgage and insurance. Queens Commerce Chamber Indorses Tri-Boro Bridge If land Carr lane and Wlllets Point and includes frontages on 19th 20th 20th 21st 21st 22d 23d ave. and 24th ave. The aggregate value of the lot? Is more than $600,000. Contracts fox sidewalks, grading of streets and other improvements have' been let to the Gilford Construction Company of Long Island.

The property adjoins Flushui; Manor, a development In which si. 500.000 worth of lots was sold since-last year by the George J. Brown Organization. John Bacce. a builder of Corona, is negotiating for 20 plots 111 this new tract for the construction .1 20 one-family dwellings.

Fhitf' lg will be secured through the 9 Mortgage Company, of which Uge J. Brown is president. FINANCE KINGS HIGHWAY BUILDING. A building and permanent first mortgage loan of $140,000 has been made by the Prudence Bonds Corporation to the Bam Realty Construction Company, of which B. R.

Levinson Is president. The mortgage covers a four-story and cellar elevator apartment house now being erected at the southwest corner. of Kings Highway and Mansfield pi. This building occupies a plot 127.11x178.2 feet, and contains 135 rooms divided into 47 apartments. New Downtown Many Shore Road Residents Favor Apartment Zoning, John J.

Morris Declares Plan for opening of the exchange for the exclusive sale of real estate securities heve advanced well on the road to completion. The officers chosen at a- meeting of the board of governors of the exchange held in the directors' room of the Real Estate Board of New York. 12 E. 41st Tuesday arc as follows: Cyrus C. Miller, former Boro President of the Bronx, president; Peter Grimm, president ot the Real Estate Board of New York, chairman of the board of governors; Aaron Rabino-witz, head of the firm of Spear Securities Corporation, vice president; Anton L.

Trunk, secretary, and Morton R. Cross of the firm of Cross Brown, treasurer. Under the constitution power to make decisions in matters ot Immediate Importance to the exchange Is vested )n the executive commutes and the following members were selected for that body: Cyrus C. Miller, Aaron Rablnowitz, Peter Grimm, Morton R. Cross and Anton L.

Trunk. Two members at large will later be appointed by the president of the exchange. Home of Midwood And 38th With the development of science and engineering, vehicular tunnels and long span bridges have become entirely practicable. From an engineering point of view practically every ea3t and west street in Manhattan Island could be carried under or over the East River by a tunnel or bridge. The Queens Chamber of Commerce Trust Company HOME DEVELOPMENT TO FOLLOW Bid DEAL IN FLUSHING AREA The George J.

Brown Organization has purchased 506 lots in North Flushing from th3 Flushing Terrace Corporation, represented by Edgar Parker. This tract is bounded by Cross 4- erection thereon of multi-family structures, bear witness to this fact. Takes Issue With Bassett Edward M. Bassett in a recent article stated that "back of It (Shore rd.) lies a large, finely developed home section all zoned as This statement is not correct. A glance at the present amended area district map rat vnat tnere are out nine blocks along the entire frontage of the Shore rd.

that have an zone to their back. The remaining 20 blocks fronting, on the drive are backed bv a ame, and in 12 of these blocks the zor4 Jms encroached 100 feet in the rear, with the result that many Shore rd. residents now have apartment houses on the same block with them, massive structures, with in cinerators and oil heating systems tnac require no garoage or CJU removal. Block after block of Shore rd. property la now lying vacant and neglected, because the owners cannot afford to build the type of house required by the present zone law.

Thus the "hinterland" enjoys the view because the frontage is vacant. These the conditions that those objecting to me proposes amendment want to continue. From the petitions' filed with the Board ot Estimate in favor of the proposed change it Is apparent that the amerdment is desired not by any group of speculators or politicians, as has been alleged, but by the real old-time residents who have lived for many years on the Shore rd. These people are now finding themselves in an apartment house zone, whether they JJfcp Jt nr not. Immense multi-family structures have been erected on Marine at their back doors, shading their lawns and depreciating the value of their homes.

Why should bona fide property owners on Shore rd. be penalized bv restrictions which now provide Shore rd. frontage for apartment houses erected at the rear of thrtr gardens? At the present time on Shore rd. In the restricted tone area are located a private hospital, a school for girls nd kJnderTarten school for boys, all operated for revenue. If private Interests ar permitted to onerate schools and hospitals In a hlsthly restricted iqne.

Is it not evidence of the fact thnt conditions have changed within that tone? What could more adversely adnct the general tone of a neighborhood than to have commercial enterprises wUhln Its area? Boro President Byrne has recognized the necessity for a change, and has anproached the problem in a comprehensive and farsWhted man-nrr, and his nlan must p-rs'-cirlly have the amnvM and M-r of evry ri'h a of civic pride and public in By JOHN J. MORRIS, Boro Attorney, I-ong Resident of Bay Ridge. The Board of Estimate has now pending before It a plan for rezonlng Shore which has not only the approval of Boro President Byrne and the committee on city plan and Improvement but also the approval of the majority of the residents along that famous drive. This plan would enlarge the scope of the change In accordance with petitions recently filed with the board by property owners along the Shore rd. and adjacent areas.

It would ohange from an to a area district the territory bounded by Shore a line 100 feet north of tho prolongation of the northerly line of 76th a line 100 feet east of Shore the center line of 86th st, the center line of Narrows a line midway between 87th st. and 88th st, a line 100 feet west of Colonial a line 100 feet west of Marine the center line of 3d a line midway between 100th and 101st sts. and the center line of 4th ave. That this change should have the approval of the residents along the Shore rd. is only natural, In view oi the fact that no dwellings characteristic of the neighborhood have been erected there for a number of yean.

On the contrary, a number of the former show places of the drive are now being used for commercial enterprises. Many wealthy property owners have abandoned their homes and numerous parcels of land are lying vacant. The former home of William F. Kenny is now the Shore Road Academy, a day school for girls. The Shepard mansion, for vears tlie show place of the drive, has been turned into a hospital.

The Shuttle-worth mansion houses a kindergarten school, while the famous Johnson house, overlooking the Narrows, has been lying idle, going to ruin since the death of Its owner, Charles J. Obermeyer, the late president of the Greater New Y( 8avlng BaJik. The proposed change has been necessitated to a great extent by the new standard of living that has conic about in recent years. People no longer desire large houses. They en-tall too many domestic responsibilities, chief among them the servunt problem, equently.

the owners of these b' are without a market for then- they are allowed to make it their property for tlw erecf multi-family apartments. Tb In recent yer.rs of the 1' mansions and costly dwrll- aloTf 5'h Riverside Drive, 'On ave. Pt. M.irkW nve. and Pros' pat West, and the subsequent Mill" II is 1 "efr'yr'l The growth of the llidwood Trust Com any is reflected in the new four-story addition to the quarters of its downtown branch, at the northeast corner of Willoughby and Jay whii'h cost about S500.000.

TVir hutldini? is a rtable addition to the impressive new develop ments in the neighborhood of of Brooklyn Law School. the Edison Buil.ling, the Telephone Building and the new home The Midwood Trust Company is one of tho three trust companies witn neatl oiiices in Brooklyn. It has total resources in excess $13,000,000 and deposits of more than nnn.000. Its officers are Henry J. Davenrort, president: Tharles O.

Ireland and R. M'll-i', vice pree-idfnts; p.hws, secrary, and Wi'Pam Weipgerber, trust officer. Mr. Davenport is also president of the Homo Title Insurance Company..

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About The Brooklyn Daily Eagle Archive

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