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The Brooklyn Daily Eagle from Brooklyn, New York • Page 78

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Brooklyn, New York
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78
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THE BROOKLYN DAILY EAGLE, NEW YORK, SUNDAY, OCTOBER 11, 7 MILLIONS OF- DOLLARS INVOLVED IN LATEST TRANSACTIONS r-, AT ROCKY POINT MULTIPLE LISTING Will Give You Better Brokerage Service If You Wi.h to Bay or SeU PROPERTY IS 'mitt- T. a. a 1 fliers nrcw "i-mnii-riff? 't i If 1. "Blind Brook Lodge," a new apartment at Rye, Is bring erex-tcd at cost of more than $1,100,000, and contains many new features In snnnnmn apartment bnlldlng. The bullUera are Stlnson, Bell J- Manhattan Building Plans, During First 9 Months of 1925, Reach Total of.

$276,526,824 1: 1 fV rvi Noyes and Day Syndicate Buy Former Radio Corp. Property. 1 Charles F. Noyes Company and Joseph P. Duy have sold for R.

Bruce Estelle of Ladd Nichols, representing the Rocky Point Land Company, Colles J. Coe, president, to a syndicate organised by Messrs. Day and Noyes, In an nlj cash transaction, the former Radio Corporation property of approxi mately 1,000 acres on Long Inland Bound, with a frontage ot 1 miles on the Hound, near Port Jefferson 1 nd Wading River and adjoining the village of Shoreham. Mr. Day, In commenting on the sale, yesterdny, stated: "The purchase of the Radio Corporation's property Is the most Important sale In my opinion made on Loner Island for many months.

"The property lies between the North Country road and Long Island Sound. It is admittedly one of the most beautiful pieces of property large size on Long Island convenient to the city. Close by Is the world's greatest wireless' plant. The property has an uninterrupted sweep of nearly a mile and a half of water front In a high level district whare there is a great demand fov country states and golf club courses, yet- tonally I feel that the property mould oe oirerea to tne puonc ana not as one large estate and the buy. lng syndicate will probably remarket direct to the public property directly adjoint to the south the popular village 01 Shoreham with Its beautiful homes and estates and with Its own local administration, fire department.eetc.

Rocky Point Estates has the same physical appearance as Bhoreham with the advantage of being a mile and a half nearer and directly adjoining Port Jefferson with Us fine harbor and summer resort facilities. Rlverhead. the county seat. Is not far distant. "This particular property has much historical significance.

George Washington, when he lived at ti Broadway, New York City, made many coaching trips to a retreat on this property, whore he enjoyed the hunting and fishing offered there. Nearby or possibly on the property Itself was the lying up place ior one of Admiral John Paul Jones- ships, the hero and commander of the Bon Homme Richard and the conaueror of the English ship, Port Jefferson Itself has beep designated as one of the best harbors on Long Island Sound and the United Stntes recognized this fact during the last war In es tablishing a naval base here. "The ground Is high and the at mosphcre unusually wholesome and many prominent people live adjoining this property. The properly In addition to Its milo and a hair or unusual shore frontage is bounded by the North Country road, which Is a direct road to Wading River and Rlverhead and popular with all mo tarlsts in the neighborhood." The transaction Just closed In volved aDoroxlmately $500,000 and stated that the Day end Noyes syndicate paid one or tne largest profits ever received for a tract of Long Island property when tney purchased from Mr. Estelle's client who had only a few weeks before bought the property through Ladd Nichols and Frank C.

Hicks from the Radio Corporation. The Day and Noyes organizations have been active in Brooklyn and Long Island property and added to their success at Sheepshead Bay Is the recent sale to the eehuite interests of the large tract between Bay-side and Flushing which Mr. Day Is offering to the public tomorrow. It is Messrs, Day's and Noyes' opinion that within eighteen montha the thousand acre Kocky point pmt just acquired by their syndicate will be developed by Improvements rep resentlnng several million dollars. The point Is emphasized that the property Is only about fifty miles from the city and within two hours from New York by motor or train.

WESTCHESTER BOOM IN BUILDING GOES ON Disregarding the arrival of the building Industry's seasonal slack Aids the Buycr! Aids the Seller! Because it places before the client or customer the nlea otfertngs of 20Q Brooklyn Real EiUte brokerage office. Because it coordinate the sales force of these Heal Estate offices in your service to sell your property. Try It! Multiply your chances of a sale, or of getting a buy-See a Multiple Lilting broker. There is One in Your Own Neighbor hood. Since April 1st Multiple Listlag sales and leaMS in Brook I total- $4,730,047.00 THE MULTIPLE LISTING BUREAU BROOKLYN REAL ESTATE BOARD In the Auction Mart Tomorrow at 2:30 p.m., on ths premises at Hockvtlle centre, L.

the Jere Johnson Jr. Fred B. Snow, auctioneer, will sell by publlo auction 126 Improved lots, comprising the residential section known as Koekvllle Hldge. The lots to be sold front on Long; Reach rd. and adjoining streets near Merrick id.

It is 10 minutes from the property to Iong Beach, by mo-torcur, and a short walk to tho Koekvllle Centre station. Hehools, churches, shopping center and theaters of Koekvllle Centre are convenient to this property, and there are a number of attractive hill sites Included in the offering. $200,000 Project In Port Richmond. Kendel Huskell, builder and operator of 44 Court Brooklyn, Is completing six 8-story brick buildings on Klrhmond Port Richmond, opposite the Kits Theater and adjoining Silk Brothers' department store. Fifty-seven feet adjoining these buildings was recently sold for $58,000 and the owneer of 88 feet on the opposite side has refused $95,000.

These stores and apartments are of the most modern type, built ot white brick und limestone. Brooklyn (Sale. On Tuesduy evening. Oct. 20.

at I o'clock, In the Brooklyn Real Estate Kxchange, 189 Montague the Jere Johnson Jr. Company, Fred B. Snow, auctioneer, will sell at public auction a number ot attractive properties In Brooklyn, Including five semi-detached nne-fumily houses ut 1157-61-67-71-73 K. 32d between Avenues and In the Flat-bush section. Also In the New Flat-bush and Kings Highway section, the 2-story store and apartment buildings at Klatlands Including the building at the corner of Kimball also nt 8617-3621 Quentin near K.

37th St. and west of Flatbush ave. An important publlo auction- salo on Long Island, to be held, this month by Joseph P. Dsy. auctioneer.

Involves the disposal ot 676 business und residential lots known ss Garden City Manor, adjoining Garden City Kstates, Nassau The sale will be held on the premises, on Saturday, Oct. 24, at 3 p.m., ralu or shine, IlockWllo Centre Salo. Another Koekvllle Centre sale to be held by Mr. Day on Huturday. Oct.

81, under the direction of James Froellch, ugent for the owners. Involves tho disposal of 433 strategi cally located business and home building lots In the section known as Hemrock Gardens, at Koekvllle Centre. New Flntbush Salo. Another sale of New Flatbush, Brooklyn, lots Is to be held next Wednesday, Oct. 14, at 7 p.m., by Joseph 1'.

Day. auctioneer, who will sell 130 lots located on Ocean Avenues snd K. 18th and lth near a new parochial school ot recent completion and a proposed new theater. In addition to the 130 lots, there are also to be sold plots, 100x100 on K. 1 3th neat Neck and 40x104.

on Coney Island ave, near Avenue T. Tho Sheepshead Bay-Harknrss Kstate, which since the sale of that great property by Mr. Day at public auction, during the last three jeurs, has been Brooklyn's most Intensely active section. In the Immediate vicinity of the business and residential lots to be sold next Wednesduy evening. SUMMIT NAI.K FOR DEVELOPMENT.

A. J. Saunders, realtor, of Maple-wood, announces the sale by Oscar Daniels Company of the largo tract of land in bounded by Mountain ave. Division Black-bum rd. and Pine Grove snd known as the Coult Kstate, to William A.

Kirk. The trsrt consists of beautiful rolling wooded land und the old manxlon situated on the heights, a land mark that can be ecn for miles around. The purchaser contemplates Immediate operations and will develop the tract Into residential park. The tract will be divided Into iiO homf sites. The purchaser hus Just completed the development of tracts In Maplewood and Phort Hills.

He Is president of the James W. Hughes Cnrporstion and nf the Annsdsle Holding Corporation, which have extensive realty holdings In the Boro Klrhmond. OLD RANGES Solve your renting problem by installing these enameled A-B Gas Ranges Eny ssrsMst cestrad eHtrsJ Usslerii tti taildert. Ar-rasiesitsli Bade wilk start-tat kstte ewsen wke te Maple tiaiU rasiM. WII.It m-lal rastiwaor eahmia Inlrrllslm.

m. Amu iimlflrs. Mlnllarl a prrtrri fr toi. tlflr mmtrti Sl.iOar. HnW while sad anil-while tlal.hr els ep.

J.U0SE&.C0. THOME MTKOY SIS. C5Ct this latest Investment purchase. Charles F. Noyes Company were exclusive brokers In the transaction and have been appointed agents for the building.

WALTER KRASLOW PLANS MANY NEW PROJECTS IN BORO Weil-known Operator Completing Developments Involving $1,000,000. Of Interest In the development market about Brooklyn are the operations of Walter Kraslow, the well-known operator In apartments and home building, recently. It Is understood the builder Is planning several more developments In the boro that will surpass any of his past operations. Several of the projects of Mr, Kraslow, now on the market, are: The development of 40 pne-famlly dwellings, now almost completed, in the Sheepshead Hay tract, sold recently by Joseph P. Day.

The builder hus more than $400,000 Involved In this group of homes. He is also building the entire block front on 7th ave. between 47th und 48th a group of 14 stores with apartments for 80 families, now about finished. This project will total In the neighborhood of $600,000. An apartment of four stories at 811 62d Bay Itlilge, accommodating 20 families, that rents for $12 a room, recently built by Mr.

run- low, has attracted considerable attention among real estate opera, tors. There Is only one other apartment in the boro, Mr. Kraslow says, with similar accommodations renting at this figure. Another of his developments in low rents Is that completed two years ago on Prospect ave. at 8th accommodating some 60 families, at $10 a room.

Here Mr. Kraslow has five buildings. He Is building also on E. 16th st. a four-story, 40-family apartment building, which will represent a figure in the neighborhood of $265,000.

In the $850,000 building project he Is completing along No.iirund on the blockfront between Msrtensa st. and Linden Mr Kraslow already has rented the greater number of the 84 apartments above and elcht of 14 stores. Here his rent of 318 per room Is surprising, as owners of many build ings going up and finished In the neighborhood are asking from $22 to $25 a room. Mr. Krasinw was ine pmneer in the construction of elevator apartments on Ocean In Flatbush.

Buckingham Court, at the corner or, Ocean ave. and Beverly rd. -having been constructed when thst thoroughfare was still noted for Its beautiful private residences. Today the nvenue Is lined with fine multl-fum- lly dwellings. PLANNING $1,500,000 APARTMENT PROJECT Fox Lane, at Flushing, to Co Up on Historio Site-125 Suites.

1 The Fox Lane Corporation, headed by Kdgar Klllnger, one of the owners of the Hotel Langham, yesterday announced the immediate erection of the Fox Lane Apartment Building at the northeast corner of Lin coln ave. and Bowne Flushing. S. W. Straus tt Co.

have under written an Issue of $775,000 first mortgage 614 percent serial coupon bonds of the Fox I-iine Corporation, secured by the land and building. The Fox Lane will contain 125 housekeeping suites of frnn. 2 to rooms. The 4. and 6-ronm suites will have wood burning fireplaces and the entire house will be supplied with automatlo refrlxerallun and other conveniences.

There will be ball room on the main floor and the roof will contain a large garden. The building Is of shape with large, open court on Lincoln ave. where the property has a frontage of 267 feet extending 135 feet on Howne st. All suites facing the court will have southern exposure. The Immediate neighborhood Is one of the most historic and pie-ttireaoue spots In Western Ixmg Island.

The Howne family has controlled the land for hundreds of years. The Bowne house (built In 1661) adjoins the sltn of the Fox Lnne. It Is now occupied by Hubert K. Parsons and his slstors, all of whom are descendants nf John Bowne. The house contains the original furniture used by the pre-Revolutionary Quakers, who settled the community and entertained George Fox, who followed the Pilgrim Fathers 27 yesis after they landed at Plymouth Hock, who came to America to spread the Quaker faith.

The new house takes Its name from this early preacher snd teacher. The architecture Is colonial, dealsned by Koaarle Canilelln. The new development will cost bout $1,600,000. Klllnger plans to make the Fox Lane one of the finest residential houses he has built during his quarter of a century of building activity In and around New Vuik. If KU 'JI Wa.

IW ll ill! 'IHIl! 1 4 9. E. Dowllnjr nd Henry Morgenth.au have sold 61 Broadway for all cash to August Heckscber. Mr. Herkscher will receive nearly $2,000,000 annually In rentals from CONTRACTORS PLAN BUSY WINTER WITH LABOR SETTLEMENT Millions in New Operations "Hard Hit" Now to.

Co Forward. With the settlement of the brick-, layers and plasterers differences at Atlantic. City late last week peace Is now restored In the construction Industry and general contractors and operative owners'are preparing plans for a busy winter, says the Record and Guide. The trouble, which has been of many years' duration, was brought about through the Intervention of William J. Green, new President of the American Federation of Labor and Is his first victory in the labor fieid.

The announcement that the 'two unions had become reconcile! and would submit their disputes to arbitration and abide by the findings of a special tribunal was the cause of much rejoicing In all lines of the building Industry from the workmen to the material manufacturers. Millions of dollars' worth of new operations were tied un, throughout the United States and In New York alone it Is estimated that at least $25,000,000 worth of work was seriously Impeded. Builders now are arranging their progress schedules along definite dates for 'completion, whereas for the past four months the completion of a project was problematical as far as original estimates for furnlsn-lng the Job were concerned. Material manufacturers, particularly the brick men, were hard hit the strike throughout the country and with the resumption of work on all contracts a new impetus will be given to the material markets. The vast amount of construction contemplated' and awarded in the past year will make 1925 the record breaker for probably many years to come and the absence of strikes will bring about a period of activity this fall, winter and next spring that will undoubtedly never be equalled in the annals of the Industry.

v- In the material markets generally price fluctuations have not been conspicuous during the past month. Advances were ellghtly in excess of declines, but this is due to the great amount of work being let and about to be awarded. Bteel pipe mills are running close to capacity with an upward trend In cast Iron pipe; there has been no change In sand, gravel and crushed stone prices; Portland cement Is stable with some fluctuations in lump lime quotations; common brick has registered but few signs of instability; it is believed that the coal strike will affect the brick market here If continued for any length of time and cause a rise In price; the hollow tile market Is showing a slight downward tendency. The flnlshea steel industry Is steady with no tendency to advance; lumber production, shipments and new business are Increasing weekly. The iron and steel scrup mnrkets sre dull.

Holler rivets and Unseed oil have declined, msnlla rope andl Mark steel sheets have advanced! little and wire nails are firmer at tho mills. The genoral Indication is that manufacturers will not ralMS their present quotations during the winter on account of the strong markets and the blg'volume ef construction work under way planned. TO DREDGE AND FILL ON BARNUM ISLAND Contracts were signed yesterday by Island Tark-Long lleuch. with tbo Company for filling 200 acres on Burn urn Island, near Long Beach, with 2,000,000 cublo yards of sand. This, ono of the largest dredging snd filling operations ever undertaken on the South Shore, will take moat of the winter.

The contractors Plsn to put In two and possibly four dredges snd work them day ana nigni sn wimer In an effort to have the new seotlon ready by spring. To get the necessary snnd, two enormouns lagoons, each shout 3.000 feet long, will be dredged. These bodies of water VIII be from 40 to 70 feet deep, and their borders will offer the choice waterfront lots so much In demsnd. Bathing beaches will also feature the entire new de-Mlnnnienl. Already the section south and east of Islsnd Park rail.

road ststlon and ironting on ney-nolds Channel, or Wreck Lesd, Is prsctically all sold, though the maps mere completed less than two months sgo. The detuned for home sites near the weter, yet within 43 minutes of Broadway. Is so keen that the tle-velonment cannot keep apace. Also, discriminating buyers are avoiding nurcbases within the city limits be- cause of the hmvy lncress In ns-sessments, and sre so turning to the Nassau South Shore, in tne sector lust sold Is one lagoon, and not a single waterfront building site re. mains unsold, the company reports.

Ill; I 6 a wi Stone, of 270 Madison ave. The project Li being financed by the City-Suburban Securities Corporation, and owned by the Blind Brook Rralty Vaa Wart A Wcln, a 17 Madison are the architects. Milnat Realty Corporation One 15-story, 78-famlly, 60 102 1-6, cost north side W. 72d 178 feet west of Columbus ave. Abraham Sacks One 17-story factory, 123 98.

to cost $1,000,000: south side of W. 39th 202 feet east of 8th ave. 20.Story Office Building to Cost $1,500,000. Slljour Realty Corporation One 20-story office building, 74 100, to cost west side ot 8th 26 feet southwest 87th at. Fifteen West 47th St.

Corporation One 18-story store and offices, 97 feet by 100 feet 6 Inches, to cost 13 to 19 W. 47th st Central Park West Corporation One 16-story, 46-famlly apartment, 125 75 2-8, to cost northwest corner of Central Park West and 82d sU Two Hundred and Seven W. 106th st. One 16-story, 7S-family apartment, 100 feet by 80 feet 11 Inches, cost $600,000: 203-807 W. 106th st Eleven Hundred and One Park Ave.

Corporation One 14-story, 26-fumlly apartment, coat 105 feet by 90 feet 7H Inches; southwest corner of Park ave. and B. 98d st. Sixteen W. 70th St Corporation-One 9-story, 37-famlly apartment, 83 81 6-6, cost 12 to 18 W.

70th st. Click Fein Building Corporation-One 9-story, 87-famlly apartment. 76 85H, cost 148 to 164 W. 82d st. One Hundred Houston St.

CorporationOne 2-story theater, 125 1-6 100, cost 96 to 106 E. Houston st Th Rihical Seminary In New York One 11-story residence and club house; 68.9 10 S3, cosi 281-289 B. 49th st. One Hundred and Seventy-eight E. 4th St Corporation One 9-story, $0- famllv enartment.

90 l- sc l-o, cost south side E. 74th st, 105 feet west of Id ave. Phtisam Building Corporation- One 16-story, 47-famlly apartment, 60 86 6-6, cost iboo.ooo; souin ra of W. gstn too ie wot oi w-lumbus ave. Paterno Brothers One 15-story, 46-famlly apartment house.

78 80 2-8, cost 3236 82 W. 86th "Mttpf Ttenltv Corooratlon One 14 story stores and manufacturing, 60 98, cost 426, ooo; us-ui w. nova at-Merowlk Construction Corporation One J-story and basement, 49-fam- lly apartment, cost iidu.ouo; ou-tw W. 9th st. One Hundred ana tnxiy-iwo a.

nth i One 9-story, zn-ramuy apartment. 78 88, cost 162-16 IS. sotn st. i.n H. Wise One 16-story hotel, store and restaurant, 18 39, coat 28-32 IS.

63d St. NEW YORK BUILDING FOR NINE MONTHS NEARLY $750,000,000 Plans were nled In the building departments of the five boros of the City of New York during the nine months ending Sept. 30, 1926, for operations, estimated to cost This Includes new build lngs and alterations. The total by boros Is as follows: Operations. nrnnklyn IM6I Manhattan 2't QuoAna Jl.tt1 limns T.tnD Richmond I.itt PiKt.

nj.Mi.a'i lH.Ito.HT I0.l)lll,7ill Totala I1.X4 ITII.114.0tt The total for the month of September was 6.274 operations, estimated cost $84,259,318. The total by boros for September Is as fol- lovys: reparations Coat. nrnnklyn 1 lUHlHIO Manhattan 30.174 (110 Qupona t.U I11MH1 Hroni I5 1 1S Hlrhmond 1-1 l.OIS.lll Total II4.UM1I FORMER MOXTCLAIR RESIDENT SELLS LARGE ESSEX FELLS ESTATE. The Frank Hughes Company sold for Fred B. Rentschler of the Wright Aeronautical Corporation, and formerly a resident of Mont-clalr, to Mullln Wayne, treasurer of the Thatcher Furnace Company, the property sltuntd In the hillside colony of Essex Kells on Beerh Tree Ijme snd consisting of a beautiful colonial residence nf 14 rooms nnd 6 bathrooms.

The grounds comprise over four acres, which have been beautifully landscaped, and on which there Is a combination stable snd gnrage for two cars. Mr. snd Mrs. Wayne, who formerly resided at 63 Porter Montclalr, are now occupying their new home. The properly was held at $40,000.

TO BUILD APARTMENTS. Roseniwelg operators, have added another parcel to their Long Island holdings. They have pur chased In Flushing the northwest corner of Klssena blvd. and Franklin plot 14. Negotiation are pending with a prominent builder for the erection of a modern garden apartment.

D. J. Frelbergar rep. resented lioseniweig Brothers in th transaction. S.

STRAUS HALL. Architect's drawing of tlio nrw now under construction In the Harvard College Yard, girt to Harvard of Jose I. Straus. '3, Perry S. Straus, '07.

and Herbert N. Straus, '08, of NewA'ork, III memory of their futliir and mother who died In the sinking of the Titanic. Straus Hull will be ready for occupancy next full and was designed by Cooliilgc, Slieplcy, lliillineh, mid Abbott, Boston architects. It Is being built by the Wliidden-Iteekman Company between MnaiiiicttH mid IChilian Hulls, forming, vtlth Matthew Hull, a quadrangle 00 feet wide and 200 feet long. NIGER COMPANY, LEASES GUTTENBERG CHEMICAL BUILDINGS A 20-year lease of the former plant of the United Chemical Organic Products Company in Guttenberg, N.

with rentals aggregating over will give the Jersey riverfront a big industry to be conducted by the Niger extensive Importers of raw materia la frnm Afrl- I ca. In addition to its business of im- poriingine Niger Company is a manufacture of bl-products for eoap manufacturers and other sundry Industries and the plant at Guttnnborg will be used both for manufacturing and warehouse purposes. The property fronts 260 feet on the Itlver road, adjoining the plant of the American Cotton Oil Company plant, recently sold to Lever soap manufacturers, for $2,000,000. The Niger Company will share with the Lever Bros, the use of piers for the docking of ships In Its importing. There are two main factory buildings, one a two-story concrete building with 48,000 square feet of floor space, nnd another a one-story building with 24,000 square feet.

There Is also yard space of 10.000 square feet, with additional smaller buildings. Aftor the withdrawal of the chemical company from the plant a few years ago, the buildings were leased to the Gold Dust Company, Crex Rug Company and some smaller concerns using loft space. These concerns will all vacate now in order that the Nicer Company may have full possession at the earliest possible time. rPart of the plant will be taken over Nov. 1.

Besides the pier facilities afforded, the Niger Company will be located within a short haul of "Old Ferry," which will be re-opened for ferriage to 23d New York. Railroad facilities are afforded bv direct connection with the West Shore division of the New York Central system. The negotiations for the lease were made through J. I. Klsluk, llo-boken realtors, arid the lease Includes an option to buy within two years.

BUILDING MATERIAL COSTS REMAIN FIRM While the gain 'In volume of construction has been marked, tho slow movement of materials prices has given the situation an appearance of stability. In the current market for basin building materials there Is notable firmness In reinforcing bars, lime, sand, pine and fir timbers, shinties, white oak und yellow pine flooring and turpentine. Declines, few In number, appeur In steel plates, common brick and plate glass, ICnulneerlng News-Record reports. Little tendency to change Is shown in prices of cement, gravel, nulls, hemlock timbers, window glass, putty and white lead. The value of construction contracts let In the United States In the past week reached a total of which compurcs with In the week preceding, and $41,529,000 In the corresponding week a year ago.

Kxpcmllttires on private Jobs In the week amounted to $31,107,000, while public works absorbed $1'9, 372.000. Contracts let on all classes of construction projects from 1 to date are valued st I 1 .1.000. as against 1, 608.1 47,000 In the same time a year ntro. costs observed In compiling these figures are: 815.000 for waterworks and excavations; for other public works: $40,000 for Industrial plants and extensions, und $150,000 for commercial buildings and residential projects. artist sixi.s nt kist Yates Gary sold for Jerome flliitn bis property situated on Trow Hill Mount Klsco, cnnt.ilnlns elht acres of land, tosether with resilience and hinre studio.

The purchaser Is a New York client who plans to remodel tho premises for his occupancy. REPLACE YOUR This nnatncled A-8 Gas Range in lots of or morel 7.35 4 I Each Is of Plans were filed with the Bureau of Buildings In the Boro of Manhattan during the nine months ot 1925 for 730 new buildings to cost 448,324 and 2,481 alterations to cost $22,083,600, a total of construction $276,626,824 as compared with a total of $217,687,902 during the corresponding months of 1924. The total for September was 60 new buildings to cost $28,063,360 and 226 alterations to cost $2,118,280. The list for September last Include 12 apartment houses to house 644 families to cost four hotels cost three other residence buildings, cost six store lofts, cost five office buildings, cost 11 manufactories and workshops, cost one church, cost one municipal building, cost two theaters or other places ot amusement, cost seven garages, cost eight other structures, cost $40,650. Amongst the leading plans filed during the past month are the following; Fifth avenue, corner 44th Inn.

34-story bank room, restaurant, stores, offices, 126 1-3x140, cost northeast corner 6th ave. and 44th st. Thirty-fifth 8th Ave. Corporation One 24-story, stores and office buildings and manufacturing, 150 feet, 11 Inches by 197 ft feet, cost southeast corner 36th St. and 8th ave.

Seaman's Bank for Savings One 13-story bank building. 89 feet by 55 feet, 11 inches, by 23 feet, 7 44 Inches by 129 feet, cost $2,200,000, nortwest corner Pearl and Wall Klght Hundred" and Forty-five West Knd Ave. Corporation One 15-story 91 family, 125 feet, 6 Inches by 139 feet, 3 Inches, cost northwest corner W. 101st at. and West Knd ave.

Stelnak Realty Company" One 18-story factory, eost 260 to 268 W. 39th Bt. C. S. tc K.

Construction Company One 20-story apartment hotel, 169 family, 118 feet by 90 feet, 1 Inch by 100 feet Shi inches, cost north aide W. $6th st. 220 feet east of Riverside Drive. 3854 Corporation One 14-story. 127-famlly apartment hotel, 194 2-3 feet by 100 feet 6 Inches, cost 226 to 240 south side W.

45th st. Wlnfred Realty Corporation One 15-story apartment hotel, 180 families, eost northwest cor-) ner Park ave. and El. 66th st. Ferty-two W.

48th st. Corporation One 16-story nonhousekeeplng, 124-famlly. 100 feet by 100 feet 4M inches, cost south aide W. 58th 270 east of th ave. LFJ5SEES AT JACK80N HEIGnTS.

The Queensboro Corporation announces the leasing to Joseph A. Mulcahy of the Now York Evening 3.1, at 68 28th Jackson Heights. Other recent lessees Include H. B. Vaughan In Cedar Court, H.

B. Sweatt In Hayes Court, O. Bacon and Q. H. Hall in the Spanish Oar-dens.

LIVELY BUYING IW WEST. CHESTER COUNTY. The Batson Farm Agency, with George J. Purdy, sold the Hammond estate, near Peeksklll, about 25 acres, to Attorney W. K.

Donovln; also the Wormbold 24-acre estate, formerly the home of Lewis Morrison, the actor, to A. Kutner: the W. 10. Alley 32-acre estate, in York-town, to J. J.

Fox; also the Slermer-ling 46-acre farm, near Peeksklll, to H. W. Gray of New York. $1,000,000 BALLROOM PLANNED IN CHICAGO Announcement of the closing of the contract for tMe building of a $1,000,000 ballroom accommodating 6,000 persons on Chicago's North Side was made today by. the Longscre Engineering and Construction Company.

The ballroom will surpass the famous Trianon Ballroom In Chicago and will be ready for use by the first of the year. The structure Is to be situated on the northwest corner of Lawrence and Wlnthrop avee. on a site 150 by 210 feet In, a vicinity where property values have within seven years Increased from $400 to a front font. Plans for the ballroom rail for a dance floor 100 by 150 feet, with a 30-foot wide promenade. The decoration of the building will be highly ornate.

The architecture of this structure will show the Moorish Influence, the exterior being In colored terra rot la snd patterned, In brick. The Interior decorations are designed ss the result of sn extensive study of Kumpeun niuusoment renters by Andrew Knr- sus, who, together with Milton I'lotke, heads a syndicate which has promoted the enterprise. The ballroom floor itself will rest on a series of floors so constructed ss to provide great resiliency and the grain of the flooring will be laid to he In line with the direction of travel of the dancers. HusMgh Hill are the architects snd John Euereon the associate architect. period, Westchester County's boomrJournal of the garden apartment, 4.

Architect's drawing of the new apartment hotel planned for the orner of 08th st. and West End Maullattan, by Robert M. Silverman, the operator. The building, an lm-presKlvo structure, will go up on a plot 80x07 feet. George and Kdward Ilium arc the architects.

QUEENS VALUES TO INCREASE--CUSHMAN Population Growth Requires 10,000 New Homes, Broker Says. By ARTHUR CCKHMAV. Prtetdrnt Attested Knalty Corporal ka. It Is undoubtedly true that lor some time there has been a tendency on the part of some of the publlo interested In buying homes to fuel that there was a possibility of prices declining to a general lower level due to an Idea that building costs might become less. A careful survey, however, of the situation will convince any fair-minded persln that there Is no foundation for such a theory.

The Boro of Queens Is Increasing In population at the rate of more than 100,000 Inhabitants pet1 year and will continue to do so. At the lowest estimate It will require ths erection of 10.000 homes. In as re stricted an urea as Queens County this means a substantial Increase In land values based on the Immutable law of supply and demunij. The Fourth Wurd boro showed the greatnst Increase In population last year and seems likely to repent this year. A survey of the situation will show that there are more homes being built than ever before and we believe that sales are In excess o' those of tho past year.

The hnmeseeker who Is delaying the purrhaso of a home looking forward to better pi ices Is manlfosslv In for bitter disappointment. New homes which sold a year ago for $5,000 are bringing today on resales from $i00 to In Increased prices. Although It Is unquestionably difficult for any person on the ground to vision the opportunities of the future, there Is absolutely no reasonable doubt that Queens, and particularly Jamaica and its environs, are In for unusual In land values due ta the rapidly diminishing supply of lots, plots and acreage necessary to meet the demand of builders for the erection of homes. As the new rapid transit plans develop more definitely, values will Increase still more rapidly and decidedly out of proportion to supply and demand, which Is now sulliclent to bring substantial monthly incrc n. A factor which will have a wide Influence Is the fact that the professions! operator has not yet entered substantially Into operations In Queens.

When the new subways sre definitely decided upon ho will soon come Into this Held, nnd no one can forecast tho rise In land values whon he bus entered the field actively. new sIlkIndustry building finished The new Madison-Belmont building, on the southeast corner of Madison ave, and 34th Manhattan, a part ot the plan of Robert M. Cays for a new silk Industry renter will be opened on Wednesday nlxt. This mucnltlcent, 17-story structure, erected by Mr. Calls, of which Warren A Wetmore are the architects.

Is of red-face brick, trimmed with limestone nnd architectural terra rotta. It will have the llrst of Its tenants t'heney Bros. Installed In the three lower floors on Wednesday. There will beVune titling ceremonies In connection with the opening, which will be followed shortly by the occupancy of other floors bv tensnls who are lenders In the silk Industry. These Include such firms ns Vletor A nchells, silk factors; the (ioshn Corporation, Japanese silk Importing concern: II.

A. Klsberg, National Fabric Corporation, Gppenhelm and others. Some months bko Mr. t'ntls proceeded to acquire property upon which old, nut-of-dat dwellings and stores slood, for silk renter, snd the new Msdlaon-Heimont building arose on the site where rather unimpressive, 4-story buildings have stuod for years. inarched forward during September to the extent that ten leading muH nlctpalltlea issued permits for 101.4 percent more new construe-toln than was authorized In September, 1924, according to a survey prepared for Leverett S.

Miller, president of the New York, Westchester and Boston Railway. Permits issued last month by the ten municipalities aggregated as compared with 13. 221, SOS Issued In September last year, and with I3.H7,27 In August. 1925. In seven of the communities, which were the only ones that kept permanent records, permits Issued during the first nine months of the current year went J6.J percent over the total for the same period last year.

The nine-month aggregate In was MS. 9117,240, and in 1924 was 481. In the survey; covering September only, Peeksklll made a 1776 percent gnln over September, 1924, but an even $600,000 of this was represented by one permit, the Mount St. Gabriel School. With this Item eliminated.

Peeksklll still registered a 107.1 gain. Bronxvllle also was a big gainer in the September survey, with 413.9 percent; Mt. Vernon, 375; Harrison, 344 Scarsdale, 203.4; New Rochelln, 67.7; Yonkers, 67.3, and White Plains, 4J.E. In the nine-month survey Brnnx-vllle showed the greatest percentage of gain, with tl.l percent; Scarsdnle. 49.4 percent; White Plains, 4.4; Yonkers.

42.3: Mount Vernon, 11.3, and New Rochelle, 6.3 percent. Lsrchniont. with a loss of 27.1 percent, was the only one of the seven to fall behind Its 1324 total. There Is every Indication tluit the phenomenal building activity enjoyed by Westchester during most of the past year will continue on sn unprecedented scale throughout the winter, In the opinion of Mr, Miller. He considered It noteworthy thnt considerable of the-Heptember building permits were for construction In less heavily settled sections of the county.

In districts that would be served by such a system of cross-rnunty bus lines ss Mr, Miller proposes to Install. ni vs cn.pPAQi A At Smith Costello sol.l for the KHate nf Albert Turner. I acres of vacant land, part of the SU Klmo Hill tract, to a New York business man who will Improve the property and occupy same as his country linme. It adjoins the estates of Mrs. LouW Koewl snd Jnhn I.

D. Bristol. The property wse held at.

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About The Brooklyn Daily Eagle Archive

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