Daily News from New York, New York • 10

DAILY NEWS, SATURDAY, DECEMBER 15, 1928 BUILDING OPENED BY Population of 20,000,000 by 1 960 Forecast for New York and Surrounding Localities LARGEST AUTO FIRM It; CLARK DODGE, Real Estate Editor McGoIrick Makes Sales Record What is claimed to be a world's record in the sale of lots has been established by the McGoIrick Realty corporation at Massapequa Centre. L. where, from June 13, 1927, to Dec. 13 this year, 11,346 lots, with a valuation of $1,990,612 have been sold. This is an average of twenty-four lots a day one for every hour, 167 lots a week and 667 a month.

Every so oftan we are aroused by statements from real estate, men that border on the unusual, and when such an event occurs it is an event. Being a bull on the real estate market we naturally are gTeatly interested in bullish statements, statements that point the way, so to (peak, in what the future will bring- forth. Naturally we were pleased and; interested by the following disser- tation from L. Hamburger, treas- vrer of The Crathorn corporation, 1 West 34th as "New York City and its suburbs LAST WHOLE BLOCK ON B'DWAY SOUTH OF 72D ST. ON SALE t.

iwi -FLATBUSH! What is believed to be the only block square fronting on Broadway south of 72d in Manhattan, held "RielOTl Rj Tlicrr, Site Purchased New 2-FamiIy Fully Detached Price $10,950 cos. $500 Reduced from $12,500 1 BliH-k to Five Minntm Flatbush Ave. Subway Real bargain ffere4 by a Swedish Builder, these hemes eoosist tea laroe rooms, an a iaroe plot, beautifully deecrated and ether numerous features that cannot be explained unless you see them these homes are selling rapidly. I yeu ara in the market far a home an early inspection imrited. Alee Realty Co.

Mr. Cassara 1431 Flatbush Bklyn. Nr. FnrraEOt rUl. Tel.

Mansfield dealers in Dodge Brothers motor cars and Graham Brothers trucks, and considered the largest retailer of motor cars in the world, last week put the finishing touches on their new Long Island City building, a one-story structure of concrete with an entire block front on 43d st. The main entrance to the building is 4227-33 Northern blvd. (K i in single ownership and available for purchase and im-mediate improvement, will be sold at public auction by Joseph P. Day on Jan. 3, when the 104th Field Artillery a -orv, at West 67th and 68th goes on the block under the nave doubled in population on an average of every twenty years.

"It is estimated by authorities that greater New York will have a population of persons bv 1D60. "The mass production every year extends farther out and the suburbs become more and moie part of the greater city. "This trend can have only one result, and that is steadily and purely growing values for real estate. "No matter what changes in general prosperity are in store, no matter if we have to pass through periods of industrial depression affecting the value of stocks and other securities, well located real estate cannot fail to increase it value. "No matter how hard times may le, people must have shelter.

"That is the reason why real estate is the only commodity traded in our markets which is not exposed to violent price fluctuations on the down side. "When buying real estate for investment there are three cardinal points to be considered by the investor. They are location, price, and ability to carry the property. Joseph P. Day direction of Comptroller Charles W.

Kerry. The only other known Broadway blocks under single ownership are the sites of the General Motors building, 57th and 58th and the Circle building, Columbus Circle, Central Park West, and 61st St. CONSTRUCTION ON INCREASE DURING WINTER PERIODS Winter building, which is a comparatively recent development in construction methods, is giving en THE BEST CHRISTMAS PRESENT You can give your loved ones is THE EARTH ITSELF GOOD REAL ESTATE It will never deteriorate, it will always be useful and it will bring profits for many Chrisimases to come. YOU NOW CAN BUY GOOD REAL ESTATE NO MONEY DOWN and no Installment Payments for Five Years Nothing to pay for 5 years but interest and small carrying charges. Investigate! Think it over! Men of the highest type are backing this offer.

Reference Baldwin National Bank, Baldwin, L. I. Buy a lot in beautiful, booming Merrick. On the Sunrise Trail. 42 minutes from Pennsylvania Station.

A 100 high class residential development, approved by title companies. Near Merrick Station and new Merrick High School. Partly built up with fine residences now occupied. Sensibly Sensibly restricted. Estimated enhancement in increased value a certainty as Merrick is steadily growing in the direction of this property.

GAS. WATER AND ELECTRICITY AVAILABLE BUS LINE RUNS THROUGH PROPERTY LOTS FROM $495.00 UP The value must be there or otherwise these lots could not be sold on this unusual payment plan. THIS PLAN is NEW to NEW YORK; it is the first time in New York that a man or woman can GET IN on real estate PROFITS without putting down real cash. Third Section JOSEPH KURTZ, ABOVE, president of J. Kurtz Sons, yesterday concluded purchase of the southwest corner of New York and Jamaica in the center of the Queens borough shopping district, where his firm will erect a new store building, the fourth in the chain of the pioneer furniture corporation.

3 y- added impetus to residential real estate development, according to Frank D. Ames, president of Ames and company, specialists in New Jersey real estate. I "The winter building which will go on during the next few months in Bergen county," Ames declared, APARTMENT PLANNED The Kissena Building corporation will erect a six-story apartment 'building on the southeast corner of fi if ISill ill do much to prepare that community for increased population which is tending in that direction due to the progress of work on the new Hudson bridge." 14 rvissena tuva. and franklin ave. within the near future, according to an announcement yesterday by Quintan.

Terry Johnson, managing agents of their Flushing holdings. COUPON" THE CHATHORN CORPORATION 1 West 34th N. Y. C. Suite 505.

Please send me full information. OFFICES CHANGED Kavanagh Feeley yesterday moved to their new quarters at 1 1.V02 Jamaica and announced the appointment of L. J. Helm as general manager of the real estate department and George Malias as manager of the mort RAYMOND ELECTED Howard M. Raymond was elected president of the board of realtors of the Oranges and Maple-wood at the eighteenth annual meeting of the board last week.

SWEENEY WRIGHT, 145-16 Jamaica Jamaica, yesterday opened the third section of the "Pride of America" development in Jamaica, tho above pictured dwelling being an example of their architectural effort on the new division. Name Address City gage department. I McMEECE'S HOUSE A A The building committee, headed by William J. Weber, of the yesterdav the l'J2'J Athletic club property at Cth ave. and which has been held at Loans on bond and mortgage, amounting to $6,844,506, were authorized yesterday by the Metropolitan Life Insurance company.

The Benjamin Holding corporation is DreDarinc clans for a fortv- board of education, allotted C7.2--.000 for building program, A building loan of fcaa been obtained from sold for "no cash" on rental terms. Others can be secured for a smaJl amount of cash, while on others have arranged to allow liberal dis-" counts for cash. There are a few choice houses for sale at this time on which the carrying charges will not start until March. 1129. In my eighteen years experience in building, buying, selling and appraising homes, in which I have made sales exceeding I have never offered such wonderful values as these.

You can save from $800 to $2,000 by buying one of these homes now. The terms on which these houses will be eold are very attractive. Some of the houses will be $1,000,000 the Pru- six-story hotel to occupy the south $6 500 rlot pquare feet; four minutes trausil, 9 f'2j minutes New York. Iartre two-car ear ag, steam, electricity, fireplace, Jruft trees aud vines, flower conserv atory, fine sh rubs and hede. $36 monthly principal.

jpa b.vs autiful 50.000 poIkI BiuomjitKTg- esiry Brick House. Steam, ele-iriciiy. tile bath, tile kin-hen, parquetry throughout, artistic arohi-U'Cture, fine fixtures: five-cent tare. 500 trains daily. Near cm-uooIs.

tore. ehurobes. Fine two-ear sraraffe ami ffuiTf tr dnvewiy. No f-aph. rental terms.

OCn buys beautiful $8,500 iiiJiiFh Bungalow. a blocks from depot, near Sunrtse highway. 27 minutes Manhattan. Finest Spanish architecture and construction; highest prade plumbtnir and heating-: 7 rooms, tile kitchen, tile bath, eun porch and open porch. Near school, stores, churches.

Garage space, driveway. on contract: $Jr0 ricimi. 4q buys $11,.00 Knjdish Colonial iouie. on plot $7yDU square fet, in private residence park; 4 minutes from station, day's work construction; open firepiai-e. steam heat.

electricity, parquet floors throughout hras plnmbinir. slate roof, son parlor, extra lavatory, tile kitchen, tile bath with built-m shower; contract: yT. dfrl '2h month ri ncipal. east corner ot syth st. More than JhOOO.OOO is to be expended on the tall srtucture.

The W. -II. Ebbitt company, as brokers, has assembled for John II. Carpenter, a plot at the northwest corner of Madison ave. and an apartment costing $2,500,000.

Plans were filed yesterday by J. E. R. Carpenter, architect, for a twelve-storv anartment to be erect dence company by the "27 Central Park West corporation for erection of a sixteen-story apartment the southwest corner of Central Park West anj t3d st. New building construction Started in the metropolitan district already shows an excess of $08,000,0000 over the amount of new work for the twelve months of 1927.

A thirtv-five-storv hotel, costing 10.000,000, with 100 rooms and baths, will rise on the present site of the old New York Athletic club. Percy and Harris Uris, builders, hv purchased the old New York INC. ITI McNEECE REMEMBER THAT WE ARE LOCATED IN THE Corn Exchange Bank Jamaica Sutphin Opp. Main Jama')p Station SZS niDrrTIONS Take any I. K.

K. train to main UlsEV 1 Jamaica ntation. or take Broadway ZZS T. Jamaica ta Nutphin Boulevard tatioa: walk tmo Open Dally, Evenings, Sundays blork sooth to ornro. monrs JA.Haica wiihwii-wi 3tj3, ed at the southwest corner of Madison ave.

and st. by the 14 East Call, write or phone for free Illustrated booklet StOth Mreet corporation at a cost of $1,200,000..