New-York Tribune du lieu suivant : New York, New York • Page 33

Real Estate, Financial and Nm mbmt Real Financial and Schools. TAKT pa? SI JANl 24, 1915. PARI I PAGI REALTY SITUATION in the CHELSEA SECTION I Chelsea Pier Improvements opposite Want Torr ens Act Changed Object Is to Make Statute Easily Amendments Forwarded to Albany by Real Estate Board of This able Provisions To Be Erased. I title Aifundr ssleass C. Crar i lash 'ne for and I a rk, and the committee tions, a Bubatanee of those saastlet the of 1 law right; nee UUj that the York thai -ho New York to be I and to a tnxer lurth, tv at a mib-com IB amendments to the ex ata" out regard to any roaaltle nitltutlonal ame ttfth, another wub-committee, the i l'y of any eonatltu? BIG APARTMENT IN BRONX SOLD Structure at Pinchurst Av.

Corner Held at S100.000 Sales. "own ar? the HiBry truel fur itan building for utorage ttjtt, Bilvansan has on the wer-t BV I2Q feet north uroprovement with an bas Island Plot Sold. Drake William W. laip tl feet, on Haifhts, Island, eo? of New York bay and or, a eh the buyer will erect fat Jjij, own nppi? I other ttee I improvement? any the pr the or judges i complete examiners. The one of much itig Btatute has been a provinion which forl ara ai rertities the court to act the at'orn in the action for the regiatral that tltl? rhsnpo is reco? practically tit York County, which will utilise locali office trt been completed Bi authorize Deputy in such BUSINESS LEASES IN MIDTOWN AREi Building in West Broad way Rented Will Un? dergo Alterations.

under .1 Rons Co. lea rtl I idway. running thre ther? ed witl 11 na 11 Beahr, and an Kavanagh Robert A. manu i- leaf a torn to D. A Doyle the atare at Ban for a 1 Realty I the st.

to Marco Nlw National Cloak avid Suit Co. Building st.g- DATE SET FOR DINNER Real Estate Board to Hold Afl'air on February 6. All arrHr.pe*?' enta are pre foi the annual I'esL? Estate Board held on at the Waldorf-Aatoria that the Heal 1 nnd Eliaba board and chairman oi I will More than undrod dii at. interest, duo to 1 i and leg vital int? ai TO REVIVE OLD DOWNTOWN ZONE Mnvement Launched to Get Many Concerns for the Section A movement I inehl I iHrt'e 111 to tlif' "id wh? Itl a v. lu to tl I per ia litiona hark her advan Hare? I profit Bin that he hav a .1 thia buildinca, rule, 'are old Arthui a the Rulto 1Q1.S Taxpavers' Calendar.

lai. laat (He irliirn of liirume wlthnnl tr.li 1 BBS. of not llmn SSS Ytett thon S1.H0O Im .1 for full file return of In li II da, In rejnliir I per rent penult? I 1 ptWtitj mttet Imlf ut real r.tnt* i in.I "llile. No retrate imr mi. Is- nu Ike M.i>.

I' Imlf Im? l.t-?-n tin ll li ill lai piiiil fnui.i? until I. rrlmtf Hie -I per rnt lirr iiniiuiii llir lliiii- tWrrli Mini VilTfm l.rr I UM pajable. Mu. latal In pa? tlrat half of rrnl or It limit In fttttt I tai pa.al.1e I lo .10 Mlttioiit ppiiulrv. at I'M rale ti 7 pet emto ttttu Mai I ailiie'l iinpani peraaaal in? Baal la 1 Um rral tria.

If nnpalil in- I l.rarln prnari-il ta? ulular to melon "I'l'-r nil? vil.oii In i ion of laluxtliin. I lo p.a. i.Mirr la? million? pet iiilillr luv I to pa? if limit a prnnltv. 1- penalt? I'l per rrtit un pal I Im in? A of of Hi? ninoiiiil I pet rnoiiih If not 1 Day." Look? oprn. mlu( MtaTJlal tOtttttt lor yaae.

Watt moI ninoiint ami Ulii.1 of on nnn on till? llnl.lllt? for ta.ativii ilion? for of i on rcil (JBlale SB mil? Hill.I NolrmSrr IB, lialf of pmsnktt, Tnsrttttnt muir ilurili? llir monlli N.Otts I I-- rl.alm? fee mini of rrnl Ii? ll la? ii I to half of real e.tate laa taSeasal, llrsrinlirr I at 7 fr.io I tialf tan if tmmatt a client the building at 214 V. for restaurar I'oaes for a term of CELEBRATION FOR BRONX Planned in Honor of White Plains Subway Opening. The resident? of the North Bronx, co a realty bUKBUI of Tne Bronx Board of Trade, aro an ins: a for next I White Plains tub? eouraa of construction. waa propoaod to hold the eelebra I mar but Pali waa poatponed laat until ranait be woi i pi igrei the eout will together ami forn rilan? eel bra) ion. leribed and lei i of the Bri eh airman i dge, VTakefield I dei wald Rapid Committee, which eommittec for the last doaan years han tig and lighting for rapid nrid coi fare on the RarleH to the line.

FIVE-CENT FARE BILL INTRODUCED Measure Will Bi-netit Bronx Travellers on New York Central lines. a ta an ee nt? of The Bronx tho Now York int faro bill 1 nigan, of the eaaure fouchi the that no ra irom.l it? --f more than a earryiac a MM bor- in an ad I nt 01 York Central from Wakeneld and i i on? to the Grand Central aal will he transported for 5 in the.r to take an active part in placmif the Hibi L. Ken BroadwBy. View oP lcokiwg EAST from Realty Tendencies in Chelsea Section District Seems Bound to Become a Great Wholesale Trade Will Benefit llathouse of a New Large Retail Shopping Zone to Meet Needs of Residents May Being More Firm? ly Linked to Subwav System of Entire City. HUNK li.KMI.IN.

i re re for The hea and red to be 11th and River, with the old retail i nc be on of Manhattan appears opinion on the heard in re? But whj has many and ma na, long It all I v' Fifth aa a retail shopping si of the boa1 elaaa, waa quickly folloi up decline, and, in BUI a precipitous drop in values on south aide of thia of ZSd Granted, aleo, tha? this tii at sin ping zone beneficial influen? in the path of many OWBON of ing property, Mill it roi If the aame influences atimulatod Upward realty tendencies BOB Woat. Further along Ninth a muat have been avor felt, from the day that 23.1 bewail to bo reaplendenl a-? a ahoppl ita power and i heran to ianiah in rom I jMra, of Choi any bloeki hear! of i Sia ribing the locati? the probable fut ira earning powi of tholr tu the their premia? taure the Sixth a ta limili diataaca from the principal intereec lag il of the leading of the i. However, the ol earning power of their BrODOri rept in a few rutatices, did apoB their i to the ihoppii tone, but, on the other hand, on man permanent neighborhood factora, an one of mos' important aad of them I of helse in one of the eentral parts Other big factora i to the ah doarntOf produce and mer la places, to lower I freight terminal? the great? aad to the ma Sou Jersey dietricta. ra are powerful in the. some more potent than e- 1 Up I there kaoBi for wondering a building: the aeei riag about tha erection ol houses in that an expansion of tail are? the improvement of other a simila.

owner- Bg their p'ans to locate I -trong northerly BlOVOBMnt of thil character wa? inevi the hel: the arrival of the fa. I I- time thai later date than rre the projects launched by William Mc Adou, Secretary of the to pierce tha bed of the North River of elei ortland Six) and the rfl inals Jei feeling that eontim giaal ping ane for a much lor than at I I was bj the plaai perfected naylvania and Long i th? eatii tion far Pennaylvania and laong lal trains i av the hopeful feeling became illy gloom) ma put into effect for traaaformation of central Fifth av. i one nf the moel alluring ountr? enlargement of the Grand tion. Moreover, the building of i opea Bg of Queen I thorough! ol the ion. Man? ether tributed to that decline.

However, the realty records re'at. to helsea grow'h that the nori ward drift brought a new buildt garb to many of the section, a if is this bunding form which looi up most conspicuously in the day, its towering and shapely to what va'ua! a large part, of can transformed. This form is none than the modern loft whl iave a notable feature of the last )aai sir ce the opening of the aubtray ma. ibla for speculative loi reel pi aai eomaaereial ai truel re? i i parts of ti town. i1? being joined at co i -t trenail i tiOB planned fo through th? will run a lubwaj 7..

he pai as item, hi IIII iMh, 23d and Mth its. a ill on that line. This route will at Times Square. 42d at. aad Broad way, with the weatariy terminus of th S'dnwav tubes.

Along extend 'he lia of Brooklyn Rapid Irans with irremovable In.r.d-? of New an to the Brooklyn Kapid Transi ompany. at and Seventh av tins rou'o v. II turn an.l rnr. 'inue owr the the heart of iala At th? end the bridge tion? br made with new lines tc Astoria, eroaa Fluehing. Few other pai ta I a valuable watorfront 'he ma in the building ef plora and for other all of whltl ige to the a are bOUl I nufacturiug tro which will be a munity, but one Btile t) I factory or clan put a on merits and Rathe boloaale tial coati ha ton making; il bvob Ii st rentr'n imanding fad more atter.to.n that a big on of fH l.e able luppoiI or more letail hops of various II.

A tri of iti latei la futuie building i a the great pier improvemeata an an) year? it retaining they had ''hen the larger part. the was noted as I arms ill hl? lui ilontial Mari ni. loi the Pi aa ri? Station, a- going to ei i influence in the bound tu ihIs-' plaee sa and others in the BU ed of sucht in the Chi and a more valuable tfter meet at ih" latest buiiii af the Shopping 'i amusement in Joneph W. Cushasan? one of the fore ialng "The bI Estate re hable the ri. said, in growth of tSi 'V a re for laces, china.

111 it it th? long as I il th? il ange a 1 other? are rig our opinion that movement extend both well olHce btli of the Metropolitan r. i eaaaaay i I J.ld needing aga of be ta i-nak ink' present prill he ah ira very tenas third St a reaiden t' character. on, to ae to i ear a invr. a acte,) a -ii and one of the 'oy im 'rohel road er? of and 75? giaas i Knarri I ha? I. i -on build? litlaa to la the iiar.

i aa a I'iritr iii' has the I la )'? corner of I page.