New-York Tribune from New York, New York • Page 34

BROOKLYN PRICES BOUND TO RISE Ex-President Morriscy of Brokers' Board Dis cusses Situation. PREDICTS BRILLIANT FUTURE FOR BOROUGH Will Soon Eatrgt from Its En thralment. Due to Poor Transit. boaad he the Byeeall a buy? ing in th? rear future, according to rria? one of the moat rmer pro? Brook? atatOBBOat, aaany argumenta, of based BB hla ar.d re? sult of a of affair? ia Brooklyn Although his argurr.er*? are numerous, any thern to r-ro th? borough I ar com? ta av? transit. "To appreciate raadlly how Brooklyn has beer, held bark la resit i-aid Mr.

necessary to compare th? sa'o price? lane, vacant or IfaahaUaa rea foi property in Brooklyn. The in th? aale id a' first glanr? seem to be unreasonable, und that Is faat what thay ar? to the euperlative degr-e. With rroper, ade cfuat? rapid trar. have the lotig transi! lioea between and Brooklyn when the dual subway system is in operation) broker? and other? cr.r.r?ected witl I real estate market of th? greater ntv will have to erase their old figure? th? worth of Brooklyn site? and buildinga and write much larger aaae ''A? the ofiee in Man? hattan have been expand Bg In recent -rears, the crush experienced by the Maaaward-1 on the 1 been more intolerable Only those karte suffered from those jam? really know the horror? of them In srlt? I tl at 1 be-r. leasen these crushe? and to provide the passengers with seats, th? aitua tion ha? boeome more exasperating to the publie.

Thouaand? of persons I gbt of crossing the Brooklyn Bridge between 6:80 and 7 o'c'. nighl do not find the tv may to get horn? in thoae hours. are going to get rid of thle anthrallmant when the dual auhwav 1 r.es are opened. will Le? the Brool mhatftan shores, end. besides, su? emente will have beer.

I Kiattag el? vated aad aurfaaa linl ai oealble er, ai of traina aad trollej especially in the mah houra. on residential and indus? trial growth ha is del fest In a way tl at it will not be long before Its population be equal to at of Manhattan. 1 think those ticlana Bay that In 1920, or five -ear? hence, Brooklyn have a pop tilation of 2.600,000, equalling then Manhattan Seme statisticians also at Brooklyn then be, Manhattan as regard? pop? ulation. "Brooklyn boon expanding d'dlv a manufacturing centre in re? cent' mOBl of its I and a i ta an a five-cent 'are toi of all the clpal downt? BB of Manhat? tan, in nth I when the dual subway are i 11 el ai an much to th? majority of workers. "Now thoi from the I atorly terminus of tie present Subway links botwooa Manhattan and pay two fare? to to their I sea of em? ployment Tv a to es I day for I ft week or about a month carfnre item will DB I 1 I money, there will be the 1 and? of lei able now to afford a home in the suburbs of ful Borough at? Brool item and th? time spent in trat? will find themselves In a position to accept th? new opportunities pr? for living is ft result of the opening of the new subway "Thcusar.d? of workers who live in Bit manv other thou? aand? who contemplating taking advantage tV.e bettor home condition? in Brooklyn than in the crowded home re employed in th? Manhattan sec tien north of I ambers at and south t1 II Is to worker? the.

largest boneflta the new sub way? probal If they all move to th? most ontlying of Brooklyn they could leave their home? when tve subway opened BB4 mlnatOS I fore th? time foi em to be and In much laai time thai he st i' the 81st i I S2d wards of Bi Ivn the hoi ough. By mean It is th? meat the present tlfl It la ling at a sum much lawai other part of 7 Ward is that hlg aro? of land OS of Platb -v OSt made up of the old fowl I itlanda. The 31st Ward is that section of the bor? ough corrr region south of Flatlands iteti ling to the froi tage ei th? Ocean, where are shore rlea'u-e OUI city. It the ol Oravooond ari Through it ran th? bIvoi linea of th? Brooklyn Raj section will share accru? the bull th? subway system i I '71 will be larg To-day i cafl nea of trai those suitab'e small family tyj these lota are had ment? foi have yet to he are 1 as the installai "Brook)) ha? not of 1 that la Tu age It i long ocean "It can a' for the of freight frorr. to train.

It I aa bordering watorfront where have brt-i? a group of wodar-a and moat ladu IN THK HEART OF TWO STRONG SPECULATIVE SECTIONS OF BROOKLYN. buildings In the world. Tet there In for the putting up of many esent number of industrial struc? the F.rle Basin Brooklyn Is to a large bsrge csr.al terminal, and that It will have the pro? posed municipal marginal railroad join? ing It and the Bush Terminal and the ing manufacturing and shipping along the South Brooklyn waterfront The more study the of Brooklrn ns a place of and commercial and tB a are we ere con rreturu live ctatloua." WIIXIAM (.. MOKRISEY. Kx-prc-ident Brooklyn Heal Es? tate Board of Brokers.

He prophe? sies a brilliant fotnre for SITUATION IN CHELSEA SECTION from pas? I Batten Depots and Allegheny Thila have leased M7 to Ml Weg fiom the McKeon Realty Com pany. I. IV (Hook has leased and la already occupying the old Scribner buildinp, arid 're established tlrm of Calhoun, Robbina who deal and have leased the Lord it Taylor old building. The new Masonic building, at Sixth av. and also recently been erected and is already on an excellent basis.

with many most desirable tenants. May 1 the conditions in Sixth show 1 improver- ose words anritten other projects have hern which mny largely the building form? to be i.ltt-rei. in I8d ft. and in niar.y other prominent of the One Is altering of the home In C3d et. of Stern Brot! te he a produce mar buyer.

ai'i- those s. Coffln, chair? man i.f thf immittee of the rhood Association, te real estate entev ding of modern apart 'riet. las fined many emerged from I llstleBSnOes or new cumu 1- POSB? ed in the next I its previoui realty achievemei TO SELL CORNER PARCELS Houses on Lower East Side and Madison Av. i tatas Will he B1 Ht the exohnrigi- sale? oorn. 14 loi ph P.

Day BOxTS 4 sr and roperty, tory loft 'n be i tons It and i pad base? bi apart pad tin-1 lv darelliag, a twe la the re.ir. 44th besides the north IS a cant A White Son? ha appointed agents the building at Brisadwajr, to Mer? cer at. AT SIXTH AND PLATBV8B AV8. Miles of New Multi-Family Houses in Ridgewood Within Three Years About 1,000 Including Many of Two-Family Type, Have Been pansion Has Long Passed Easterly Over the Dividing Lines Between Brooklyn and fr? Rpmnvil in l-nmilif-B rAA Will umihi ira Saartirtrr? i out to And ths me zones of Brooklyn will not go before you the old Ridgewood section ough was iris? year, and eoi be, one of the moat profitai lattva fields for of vacant Ifou arill al quickly be confronted with nn array that -houlil convince the mo: skeptical about the ability of Brookly to do '-icular building feats. Vo once have on yot Bind that there tire I active in various parts of the boroug and the r'iphboring Borough of that -t''iy by the and build mile." This Ridgewood expana! i only part and parcel of the tion work done In the old iloiough Brooklyn in the last bus brought rows and rows of nie lookl Hothouses of the multiple typ and many long rows ef dwe of one or two familiee t.

Borough, northeast of th i metery. 1 boss section were for year? mostly utilized for tan? It is not surprising thai this tion is almost wholly credited to p.rook lyn, because there is nothing that thi crin pec to indicat? I the dt7 monuments or i any, ding lines between th? two boroughs. The (Irrraan families of Brooklgl ho'-e always been thrifty, and In thii Ridgewiioii build'ng movemenl have demonetratod onee that TO BEGIN WORK" SOON ON ARCADE Standard Oil Company to Erect Lower Broad? way Structure. A contrae! the cons'r building to bo known as tl Arcade was awarded to the Cauldwell? my resterday. structure arill hegr, Th? eontraet calls for it 1 i bo erected thi Bl Compi Broadway, ti through to The plot upon which I '1 he built has a frontage of abou1 Broadway end depth thn Bt of ITS feet.

It Is that this property bas beer, held at The structure Will contain square feet, of rentable space, of which 21.4.10 diverted to shops and onlv lfi.OOi) to ofllce spar-. The arcade ha-, been prepared bv H. Ciaig Severance and William Van Alen, architects. In design will la combination of art and u1 cr.n on Broi other on New are in the Doi style, the i tin- have not forgotten this habi' I of saving anil propariag far I ave alee given unmistakable evi ou cannot keep thousands 1 familiee In a section that haa its homo features as far as they r.ro concerned! and which seem ou? with their racial traditions and They move in a opportunity present? Itself i-rea'o or to become a part of a reeidential where they children will ho in an environ? nent pieasinp to them. In the old days of Brooklyn many people nsed to Uve in sections maelves.

Maybe there would bo two families of o'her nation I a big Hathouse or two in but th? "foreigners," an eopla of other rpces wero called always helped to in the crowded tenement house lively, particularly on Saturday nir le, There were also many large I those day? in Brooklyn, seems, judging from the extent and the vigor of th.s ex? pansion, th.it there bo similar set tlementB in Brooklyn and Queen? for yours. Largo Irish home in Brooklyn have, however, long ago absorbed in the constant building taking place in the borough. ght a most beneficial tiling eould be revived and the resi? dents of the sections could be urged iiiimd model sanitary horn? urea and cloHnly if, Renaissance. Through the main areh antera the arcade proper, three --tories high. Shops with fronte hold in place by tally wrought hronze will face on either side of the arcade proper.

wails of th? arcade will be of Roaarto marble. At a height of above th? floor of a there will he a covering of Kin IB. Pelow the Broadway levo! and OB the level of St. there will be a restaurant containing JfiOO square a number of small shops. Tho ng will be stories in heigh? Broadway and four stories in on New at.

I Thompson have been appointed for the building. TO HELP REALTY OWNERS Relating to Orders from tho State Labor Department. days ago the Allied Real Fs Interests announced that it would act on of property owners who had received orders or communications from the Fir? Department relative to the installation of interior fire alarm Yesterday the association is? sued statement relating to orders from ti.e gute Labor The nt follows: Allied Heal state Interest? vishes 'o do everything in Its power relief of taxpayers in th? veiy situation in which thev find THE STANDARD ARCADE BUILDING. nu PACAOS, UtCAOl i-'ROM BBOAOWAT To ST. It up? premise? jO and eilend to 4J st.

The Undurd Oil Company the of the propavtjr. they did not get what they for to move in a body, as thousands of German have from the old burg section to Ridgewood. The building fraternity would then rc ceiie another valuable lesson. The present Ridgewood axpanaion dates hark to three or four yean In that time about one thousand hoUMS of the multi-family type and of the family class have been built. The larger houaes ate three story and hibe? rnent and the smaller two and basement.

The majority of the bigger structures sie on plot? with a frontage of about 27 The family house? ere on ranging from about feet up or a littio more. Eatimating the average frontage to be fl feet, the total frontage of these new houses put up in the last three or four would be 22.0M Thus, if buildings were placed in a solid row, they would extend for over four miles. What a sensation there would be in the building world if some big operat? ing company or person, financially strong, should announce that they in? tended to put up 1.000 double tene? ment houses of three stories, and many two family structures, and they would face for over four miles on one avenue! Many persons would probably bring to light all the latest building at hsnd to prove that the city overbuilt as regards the type of proposed, and that such an operation, if not entirely successful, would likely hold In check building progress in Brooklyn for many A fair estimate of the money spent because of the enforcement of th" various laws relating to build? ings in this city. The association can? not, af course, promise immunity from trie provisions of the law, but it can promise that case presented by the will have due at the hands of the authorities, and it may be that circumstances will be found to exist which will mitigate the severity of the In specific eaaee. "However that may be, the Allied Real Interests be glad to act as mediator between the property owner and the Btate Labor Department.

Naturally if the pressure too we may have to limit our activi pil the af the as lOCiation, but are hope to be able to as? sist any, whether they are members er not. aho may have received Labor Dt? partm? and may be in doubt si 'o 11,, conree to adopt. We is opportun I il the dut of the Si its Labor Comm to enforce the law as he finds it. our opinion, after carefully observing the working of hi? office, that the commissioner and his staff are enforcing the law with a full reali-a tion of the serious conditions facing real owners and with the desire to the owners from unnecessary hardships when the interests of the workers are not thereby Injured." Senator Martin Saxe is the buver five story American basement dwelling at West 77th sold re? cently by? Slawson A' Hobhs for Elisha i'. Cronkite.

in Ridegwood serf. buildifl undertakinn is 110,000,000 Some po that Ipaet boon spent and tii.it a simili amount is going to in tr I arioua tasks planned or nbout to 1 perfocfod before the highest pitch the building vigor of this movemei has been reached. The throe BtOI tenement houses rooms for si families, two suites being on each floo These houses nr? built to sell at aboi ill.ooo. The two family houses se for about each. It is not the total sum of the cost 0 building operations In this poir of the Borough of Brooklyn that sut I many persons who have studie the cause, trie building features an the success accomplished.

It is th quick marketing of the majority these tenement and two family house; Many of the structures wero sold be fore they wem in sh for oecipanc; They were being koM in large num hers about three years ago. There wa a market for them in 1913, am the same conditions prerailed last year I and thia situation has not faded wit! i the new year. Maybe a few of the houses hav. been sold on very easy terms. How ever, most of the structures have beer disposed of for all cash above the firs mortgage to person? who live in on? suite and rent the others.

Through the section the Myrtle line is being third tracked and ex tended. Five years hence there very few vacant site? in the Ridgewoo? section. MANHATTAN BEACH ESTATE REPORTS Many Buyers Plan to Build Soon on Sites. I.e. 'n'es at Manhattan Beach in? clude a plot, 40xlo0 feet, on the wester? ly side of Dover south of Oriental Houlovar.l.

to A. Milen; a plot, 40x100 feet, on the easterly side of F.xeter south of Hnulevard. to M'ce Wi.lt.? foi mmediate improvement by the erect en of a bungalow, end two plots, 40x190 feet, on the westerly Of West south of Orienta! Boulevard, to Ida E. Dietrich, on which 'he erection of two bungalows has al? ready been begun. Th? company reports that within the last few weeks plans for over twelve 1 new bungalows have been submlttcil for approval, which forecasts e.n ac? tivo building movement at Manhattan Beach Estates in the early spring.

Capacity of Barge Canal. The New York Barg? Canal will have a capacity twenty-live times that of the present Krio Canal, oarry ng boats of tone burden. IN I.VFAYFsTTE AV. AT PULTOM ST. FAVORS A NEW BUREAU Would Analyze Declining Values for Benefit of Owners.

A of the Real Estate Ronrd, The Bulletin" of that organiza? tion, advocatee the formation of a spe? cial commission or bureau of Tn i De ti gata the cause of declining valuee in any local? ise bureau or commission should "take co el with i wners in such lo venting furl and stimulate Be." WILLIAM I.1KBERMANN. Ex-aageislaer af the I'nlted States Cen? sus. 2d District af New York. He working energetically to get the proposed marginal terminal railroad for Broiiklyn. MORTGAGE TAX REALIZED IN 1914 Report of Register John J.

Hop? per Says That Mis Oftice Collected In 1011, Register John .1. Hopper re porta, his office collected St in taxes on mortgages. One-half of 1 per cent is collected by the Register on each mortgage tiled, and this is equally divided between the city and the state. The bureau is under the supervision of the State Tax Commission, and the Register is liable for the faithful and diligent of the duties of his office relative to the taxation of mort? One of his predecessors was late!) held personally liable to the slate by tin; Court of Appeals in the sum of for failure to collect a mortgage tax it was due. He holds the money, till Is properly ap? portioned among the sceral counties entitled to a share, and the regular current mortgage tax rece p's foi given tn.iiitii remain in hie possession to Cil Chamberlain the Urs I af the fallowing moni Regieter aa i matter of buaiaeaa vanta to gal as much intereel fas the eitj a he for the uea of this menai his Yet, unlike the City berlain, the Register is personally responsible for the money he It' a bank in the Register its the money fails he is hold person all, responsible.

rear the interest obtained aras 121.2'J aflea or lupplii i 11 th.it the bureau's were paid out and In addi 124 69 the interest OVOS and amouat collected be turned to the autho In 1014 not only was all CUI it tearied to, bul Hfty-fout tended ious to 1911, In ome since arorhed up and reported to the State of papera aera examiaad as to, tax bureau, BRONX CENTRE MARKET Ground Broken for Building in 160th St, irkei nlanned far the which ha? been created tion Proepect, I ei gwood and BBteheBter avs ai Wolf Burland, wha identifled many of the big building csr at this paint, is also tn under ha? just bei-r: broken for the sa ich arill occupy a plot of about three lots on nor st, lust west af Preepect and at the rear of the Proapec? The atre. The site is also opposite the row of known as "Bronx entre." CARLIN ADVOCATf OF BUILDING ZONES Superintendent of Brook lyn Bureau Says Would Be Protective. TALKS ABOUT OTHER DAYS IN THE BOROUGH Socking with Many Other Ptr. sons to Solve tion Problem. Superintendent P.

J. Csrlin is ta ,4. voeate of the plan of dividing into nfirctlve which has been, in aumnsttUtnlti to Inder this plan BM mor? ar-i Mt de for improvement with small dweilmg houses of th? tajje sections art g.v? entirely for commercial met; Bthara are retail trad? tres or amusement with and office structure? and railroid adding variety to the In this manner tr. about residential prevent the encroachment of I er of the office or the Buaafaet uring class, from alTaetlag valaei the homos neighborhoods. And porieneod builders tind barneri their path when tv-ey trw.

structures unsuitable to a "I remember the when near'? every man in Brooklyn hoped on? ii7 to own a home." said Superint-ndi'? in talking building progrr--? and the MMh changes and needs of the one cause or another the hav? evineeii 4 fondness for th? fUthouse of dhs families, and the desire to a our.or aot marked in the boro-agi a- 1 ea ago. I logrettable eh there just as many men, fathers ef 10 desire to be the of the houses they but they an ikea and Mt BB wer? of famil'es ago, Brooklyn was a city had r.umeroui Mttleaamte it? suburbs." "Will you try again this year to hit? law ei.acte.l ro.jur.tig that penoni be qualified to be builders ponnittad to undertake or to cupervis? building tasks''" he wot I am thinking ahout Btheg ters deman.ling immediate sttentioa. I did my best two years ago to htv? law passed to have builders lieenaed. and thus keen out of the building lina men of no qualifications at all for this important work. The object of th? it'.

was to make certain that and men would have chirp? of the construction work of all ing tasks, whether or "There is the proposition to put tr. to over-inapeetion, which engrossing my and I am largely interested ir. the the proper ways and t.i 'uring about the erection, if IB large number? of n.nnv th URGES PASSAGE OF BILL Brooklyn League Supporting Marginal Railroad Act. a recent luncheon of the Breeklp League, held at the I ity luh. a motion was unanimously adopted fa-irrg the proposed bill for the building of marginal terminal railroad along Brooklyn waterfront and for carrying out by tho city of th? I provement of Jamaica Bay.

motions were made by William I hormann. who for several been in the front ranks of the fighters working for the launching of these bit municipal projects. Mr. v.a-i supervisor of the L'mt'-l State? uf executive committee of th" Brooklyn League has for three 'ought for this termini railroad Mil," sanl Mr. Lie hermana making the motion.

"On three arate occasions I have accompanied our former President of fe Board of Alder; men to Albany to try to get th? signed. I lterior Interests killed bill, and the ulterior interests through a fear in New York that U' bill meant that the New York would get control of the Hudson front. Next time the bill cams up thought we would be successful. I had been hinted that if the bill restricted to Brooklyn I would be received. "We made a most strenuous fiffflt try to get the bill signed.

was omitted, everything was out to show that it wa? essential, not only to Brooklyn, but ti? the entire city. New opposition ap? peared. The counsel of th? read brief saying that this bill not necessarv and th? city the power without th? bill, sentad arguments in support of tB contention. It is BSCOSiary to Rard ta bring about the ot present bill." CONEY ISLAND LOT SALE Improved Parcels To Be Dii posed of at Auction. 1 Jan J-ahaaoo, lu Mil auction in the Brooklya I salesroom ob Wedneedey, at IS o'clock bom, twelve iWUff, lots in Islafld, on the oast s.de of Warehouse v.

sal at), betweea and Neptune av. I hese lata sr? 111 I ho in enrba, Mwer fully lots in past New Jersey Transactions. bough? in Orange the old dwelling. IM Mam one of the landmarks of eaaty. Km.In Kirtland, whose fsmtlT I il five I PJ? was tMAmO, 1' Hsmiltos 1 the brokers Ptial i lfeist, af hare the IHM par? of the Broad north correr of 'or a term of to Jj tkur Brvaiborter, of toban I ata, ui as a de? I Brooklyn Sales.

Jaar.ee M. Hawiey eaM RleboMhl to Frederick laeklelB IVKalb a three doubl? rlat. with store, on lot llllM Shelly ha? to of Men? B. onnolly th? dwelUag at LIM i'Jl?.