The Brooklyn Daily Eagle from Brooklyn, New York • Page 82

THE BROOKLYN DAILY EAGLE. NEW YORK, SUNDAY. OCTOBER IS 102.1. 11 INTERESTING DEVELOPMENTS IN THE REAL ESTATE MARKET y's 7 -V, 291 RESIDENTIAL DEVELOPMENTS TO COST $22,026,900 "WW lift XI- I I I A. Pi V( Mot-F St tit triirr--- 1 T-'T iP il'w'j 1 1 MULTIPLE LISTING Will Give You Better Brokerage Service If You Wild to Buy or Sell PROPERTY BUYER! SELLER! WW find Una nr nil rnny find THAT I'KltsoN nt "OTIIKK KM) OK TOWN" with vliotn a deal cn be maul.

TWO III MIHI It'll mttl hrciktmftft ffrf. In wv-ry MMIt.ti of WILL AID VOL In yuur trun.ki'tmn. VOIR I'KorillTV "For Fnl- with Ml 1.1 M-LK I.INTIM IIHOKKK will. wliMn hours. in (II.

fur tli I NTOMKHN of ch fln.l nil tl' offli' Willi 11 1KV lO MAKK THAT KU.K Von max tins la arh MM I ofn.a lb' eamblnail off.r-Inica of all lhaiia r. b. If you are tB search ut property. Ka a Ml I.TH'I.K LISTING broHar. Thra la una In Uui Own Kelgn- boi hood.

Mnrw April 1.1 Multiple Uallnf Hales oil Iranea la llrmkkl)a total $4,871,497.00 The Multiple Listing Bureau of the Brooklyn Real Estate Board a si lit 5iv- i eff (fA Clason Point-College Point East River Bridge Suggested To Solve Traffic Congestion sections, should prove equally as effectual as the proposed new Trl-Boro Bridge from E. ISSlh st, and, In, two directions, to the Bronx and to Astoria, L. It Is said. Florida Latest Pioneer State, Says Gates, New York Broker Material Costs Through Country Decline 1 Percent in Year. Building reports for the first nine days of October show ho letup In the volume and value of new work, aye the Record and Guide, contemplated and autkorued to proceed in the five boros.

For the period Oct. 1 to 9, inclusive, 880 project! were being- planned at a cost of and of this mm $22,026,00 la the eatlmated cost of 2H1 residential developments. Contracts awarded In Greater New York during the same period totaled 271, representing an outlay of (26,255.500, and of this amount IH.93J.600 Is to be expended for 168 new housing Improvements. The unusually large volume of work thus under way Is primarily due to the settlement of the disputes between the bricklayers and plasterers and the prospects for continued peace In all trades throughout the winter and spring. The reaction In the construction Industry, as the result of the amicable adjustment of the four-year war between these two essential crafts has been most beneficial to all concerned, Including manufacturers, general contractors, material dealers, owners and the rank and Die of Labor, who were affected by the differences.

Material costs nationally are about 1 percent below the level of a year ago. The tendency to decrease quotations has been downward since last spring, and the labor troubles were to a great extent responsible for the recession. Borne owners held up new plana In the belief that their schedules would be seriously hampered by strikes, and this caused some operative builders as well as big speculators to hold In abeyanoe many large projects until they were assured of harmony In all of the unions. With the exception of hollow partition tile and linseed oil, which have declined In the past two weeks, and pine, which has shown an inclination to advance, all of the other baslo materials have been Arm, with an absence of fluctuations. This is true of reinforcing bars, lime, sand, pine and flr timbers, shingles, white oak and yellow pine flooring and turpentine.

These items have remained at the same level, but are showing slight Indications of Increase In cost. The materials which have been stable, with no tendency to fluctuate, have been cement, gravel, nails, window glass, hemlock timbers, putty and white lead. Plate glass and common brick are not as strong as they might be, but brick In the New York market Is steadier than It has been for months and arrivals and shipments are increasing weekly In the face of the huge volume of residential work going on In all the boroa. Conditions are Just about normal In the common brick market at the present time. The price per thousand to dealers alongside dock remains at 114 to 115, with the majority of the sales being made at 114.

60. Arrivals are decreasing compared to shipments In September. Production has been curtailed through the usual decline of the labor forces, the cold weather causing many of the men to seek work In a warmer clime. This Is the usual seasonal situation in the up-river yards. All of the plants on the Hudson are operating.

Transaction In the North River market for the week ended Tuesday, Oct. 13, Bhow 32 arrivals and 32 sales. Distribution: Manhattan, 10 barge-loads; Bronx, Brooklyn, 10: New Jersey points, 4, and Astoria, 3. There has been a marked falling ofT in the consumption of brick lu Brooklyn, which has been the greatest buyer of the commodity in the city for months. COMMERCIAL LEASES Charles T.

Noyee Company leased for Max N. Natanson to Lambert store 5 In 132 Nassau Manhattan, for a long term of years at a total aggregate rental of about (250,000. The lease Involves not only the large Nassau st. store but a portion of 16-1T Beekman st. Extensive Improvements will bs made.

The Cross Brown Company leased space In the Grand Central Palace Building, 4(0 Lexington to Fremault-Melssner A Importers of tapestry and furniture; to Jacques Bouy, realtor, apace In the Herald Building, 1(40 Broadway, to Lawrence Garcia, advertising artist; nlso store to the New York Yellow Cab Company Sales Agency, at 1746 Broadway, for the sale of automobiles and taxlcabs, and space In the Kings Tower Building, 67( Sth to Albert Harris and John F. ONell. The Charles F. Noyes Company also has leased for Mandelbaum Lewlne, the store at It Spruce st. to Joseph Friedman for five years at an aggregate rental of for Edwin Tatham, the building at 26 Cliff st to the Drug Company of America, for Max N.

Natanson, offices In the Vanderbllt Building, 15-17 Beekman st, to Louis Miller and Anthony Spero; for Charles Eneu Johnson Is a floor In 410-412 Pearl st and 46-48 New Chambers st. to Wlllstone Press, and Jesse G. Williams; also floors In (48-260 W. Broadway to J. M.

Lehmann Co. A T. C. Weygandt In 88 Crosby at, a floor to Samuel Josephs and offloes In 87 Nassau st to Ben-1amln Belnhart Hyman Wllow-sky. The Noyes Company reports an Increased and active demand for commercial premises downtown.

The broker also leased for (Mandelbaum A Lewlne the ground floor of 28 Beekman st. to Joseph Broun-stein. This lease concludes the rental of 26 Beekman st and 18 Spruce at, purchased by Mandelbaum Lewlne through the Noyes Company a short time ago. Cross and Brown Company. In conjunction with Htone and Com-panv, have leased an entire floor In 32-84 K.

(1st at to Joseph F. Glelts-man and Samuel Chopp; also leased a floor In the same building to Berl. and leased space for the Shelton Holding Corporation In the Berkeley Building, 18 W. 44th to the El Paso Times Company. Sixteen-Story Loft Building For Manhattan Plottage Long Beach Realty Associates, of (0 E.

42d have purchased property known as (16-17-18-31 W. (Sth Manhattan, from llalpert Brothers; plot measures 100x100 feet and Is lorated Just east of the new Machenner store and lo't building. The plot contains at pres ent 4 five-tenement buildings. Til buyers contemplate demolishing and wlil erect a lt-story store and loft building to accommodate the needle trade. The same buyers have purchased a 6-story building at 833 W.

39th size 25x100 feet. Goodman A Mabel, attorneys, rep resented the purchasers and llordon, Tally A Gordon, attorneys, rep resented the sellers. Ornhler A Kats were the brokers that brought about the sale. 1. One of the 280 homes being con structed at Utile Neck, L.

by the Marathon Park Homes Corporation. Houses in the development will sell as low as (3,200. 2. Massive loft and offlre building being erected at the southwest corner of Sth are. and 38th st, Manhattan, by the fil Eighth Avenue Corporation, to cost when completed.

The base of the 24-story structure will be In limestone and the remainder brick and terra cotta. George and Edward Blum are the architects. S. Five- room Colonial clapboard cottage on Homewood In the Honiewood Community at Brrn Mawr station, Yonkers, being developed by the Homeland Company, sold recently for Benson Nolce of Fnterson, N. to Ernest Wearer for occupancy.

4. Twenty-story office building now being constructed at the corner of Ttii are. and 41st st, Manhattan, by the 570 Seventh Avenne Corporation, Louis Cowan, president owners. Sugcrman Bergcr are the architects. S.

Door-yard view at Hudson View Gardens, Dr. Charles V. Pa- terno's co-operative apartment grouping on the bluff above Port Washington Point on the Hudson, e. View of Garden City Manor prop erty along Nassau which is to be sold at public auction on the premises next Saturday by Joseph P. Day.

NEW YORK BOARD GOVERNORS HOLD REUNION DINNER Past and Present Officers Dine at Park Lane-To Extend Activities. Ths second reunion dinner of former and present officers and governors of the Real Estate Board of New York was held on Tuesday evening last at the Park Lane, Park ave. and 4(th st. The gathering represented those members of the boxS who have been elected to tlio board of governors or served as officers since the organization of tho board in 1896. The ranks have been slightly thinned by the death of some who held office In the early days of the board's existence.

Some were missing because of Illness or absence from the city, or for other urgent reasons, but altogether about 65 were present. The dinner was given by the existing board of governors, which Is succeeded by the new board on Tuesday next. J. Irving Walsh, recently reelected president, reviewed briefly the work of the board during his first term as president, Just completed, and emphasized the Importance of the work to be done during the new fiscal year. Mr.

Walsh laid emphasis on tho wider activities the board would be called on to undertake In Its new home under construction at 10-14 E. 41st st, and into which ths board will move on May 1, 1(28. He reminded those present that next year the board would also celebrate Its 80th anniversary. These two event. Mr.

Walsh said, should go a lonrr way toward adding to both the prestige and membership of the board. He welcomed the newly-elected msmbers et the board of governors Albert H. Mathews, Frederick G. Ifohbs, Laurence McOuIre, Frederick M. Corse, secretary of the New York Life Insurance Company, David H.

Knott, former Sheriff: Douglas Grant Scott of the U. S. Realty and Improvement Company, and Ernest A. Van Vleck of Btarrett A Van Vleck. Walter Stabler, controller of the Metropolitan Life Insurance Company; William C.

Pemorest, president of the Realty Trust Company; Clarke Datlev, vice president of the Alliance Realty Company; and Irving a Whiting of William H. Whltl ig A all of whom retire from the board of governors this year, made brief addresses dwelling on the pleasant associations and the Inter-' eating and Instructive character of the meetings of the hoard of governors and pledging their continued Interest In the board's work. TEN-STORY APARTMENT FOR BACK BAY, BOSTON Another new housekeeping apartment building for the Back Bay section of Boston has been announced by the Boston offices of the American Bond and Mortgage Company, whose offering of 8480,000, 8Va percent first mortgage bonds will partially finance the structure. The building will be 10 stories and will be erected at 172-4 Beacon which la on the northerly side Just east of Clarendon and running hack 150 feet to the Esplanade. Located only a few doors east of 168 Deacon which is ths home of Governor and Mrs.

Alvln F. Fuller and surrounded by exclusive homes of this old aristocratlo section. Madison Apartments, the structure will be known, will have a most desirable locatlcs. CANDY MAJiTFACTCTlEUS RENT NEWARK QVARTERS. The lower portion of the building at 84 Spring Newark, has Just been rented for a term of years, through Feist Feist, for the Spring Street Realty Company, to the Oriental Candy Manufacturing n.

Ths plot has a frontage on Spring st. of 45 feet with a depth of 100 feet and Is Improved with a 8-story modern brick factory building. SALK AT WHITE PLAINS. Chauncey B. Orlffen has sold for Kdwnrd E.

Lang his residence at 118 Hattle White Plains, to Felix Napolltona. In the Auction Mart Next Tuesday evening, at o'clock. In the Brooklyn Ileal Estate Ki-change, 1X9 Montague a number of nttrortlve Brooklyn properties) will be sold at public auction by til Jere Johnson Jr. Company, Fred B. Snow, auctioneer.

The properties to sold uie located In the Now Klnt-bush section, and are to be offered) on extremely easy terms. They Include live one-family frame houses, at lla7 61-67-71-7J 10. 3-cl hotween AveH nues and in tho Klatbtish secJ tlon, and also In the New Klatbuslij and Kings Highway section the two-story store ami apartment buildings, at 3860-3858 Flallands Inoludj Ing the buildings at the corner of! Kimball also at 3617-3621 Quen-tin rd (Avenue Q. near K. 37th stand west of Flatbush ave.

Auction Sale Itcsult. Ninety-one lots In the New Flat-bush section of Brooklyn, opposite the former Harkness Kutate-Hheeps-1 head Bay taoe track, were disposed of Wednesday night by Joseph P. Day for 1170.875. The lots sold ar located on Ocean Ave. Ave.

I'M 9th 13th st. and Coney island ave The cornr of Ave. and Ocean) ave. brought $18,000 and was sold to I'ercus The 5 low adjoining Ocean ave. were bought by Walter Kraalow, Brooklynl builder, for The corner lot of Ave.

7, at K. 19th st. went fur 14,250, the adjoining lots on Ave. going at $2,250 each. The corner of Ave.

and K. 19th St. sold for $3,1 50, lols adjoining going at ll.Pi each. J. Green, acting us agent for a syndicate, purchased the it lots) on the east side of ISth st.

between Avcs. end 7. at $1,500 each and tlm 20 lots opposite on the west side of. lth at. at $1,200.

Kamuel Ssndberg, T. F. Keller, Ofivld Levlne and Abraham I''o were among the other buyers. Joseph P. Day disposed of 379 loH In the Taylor property, Tn Oaks," at Haysid, at tho continue lion sum llt'lil cuncaiiaj In the grand ballroom of the Penn-I sylvania Hotel, Manhattan, for total of tl3.fiu0.

or an average oO more than $431 a lot. Including the purchases made by the golf club and by Douglas Klllman, together with the sale o6 approximately 400 lots last Saturday! and lots additional on Columtu4 Day, tho toial number of lots sol ill to date Is l.TiOO, for a total of "P-t proximately $615,000, or more thanl $400 per lol. Walter Kraslow, president of the) Kraslow Building Company, on Brooklyn, was the most promlnena buyer nt Hie sale Wednesday even.) ing In the Pennsylvania Hotel. One of Mr. Kraslow's largest ling that of 61 lots In blpck 13 onj Kasthnmpton boulevard, Blrmlngton.

Parkway and Horatio Parkway, for) a total of $19,425. The most Intel cstlng purchase ol the evening was made by Charles Nlcholls who paid $3,000 foi the site of thu one-lime Taylor tate mansion and the 72 Iota comprising all of hlnrk 18. The average price was $500 a lot. A. Maver, a builder of Maapeth, paid $425 a lot or $10,325, altogether, for 29 lots and two old houses In block 20, on the south sldfl of Hampton boulevard opposite 56th rd.

The Fischer Foods Company paid $8,750 for five business lots In block 1 on Northern boulevard at the corj ner of 228th where Mr. Fischer said ho would open another of his) chuln restaurants. White Fining Kalo. A large nn.l strategically located) property at White Plains, which fori years was the scene of the Westchester County Horse Shows and County Fairs, has been subdivided Into 451 business and homo building sites and Is to be sold, I'll 451 separate lots, by Chauncey Bj tirlffen. auctioneer, on Saturday nexl at 3 p.m.

The Westchester County Fall properly, which Is located on Tarry-town at Kenslco long his been the greatest of nil barriers to the westerly growth of White Plains, in the section west of Central ave.j to which point "White Plains nlready Is well built up. The demand for this property has) been considerably augmented by the construction nnd opening of thej lieautlful Bronx Itlver Parkway andj by the sharp advance In Whlta Plains really values recorded In the! last two or three years. Install these enameled cabinet ranges and your renting problem is solved yi-B GasRanQes Eur TBiiat ctslract offeree laaalordi aaa etildna, Ar-riBta(iU mtis wilt apart-isl imm ewnrt whe wlik te Mailt tiafli rant. Wilder melat ratpmnf aveaa, aaheetat Intrrllnlnt. Am, Aaa aix-rlftra-linn.

Maintained In iwrfret operation, free of ettel, ift; miHlela nn llaplar. Knew white and aenU-whlte flnUhes 413 ap. J.R0SE&.C0. 114 West 39th St, N.Y. rat.

IMS. moNK rumor st. At the present time all automo bile tratflc from the Bronx, West chester and New hngland States comes Into Manhattan by way of the Bronx and more northerly Manhattan East end West Side thorough-farres. Fifty-ninth st. is the "ne of the bottle" and the point at which all of this tralllc congests on the way to the Queensboro Bridge and Long Island.

Another advantage of the construction of the proposed bridge would be the almost Immediate Improvement of that large area of the East Bronx, along the East River and Long Island Sound, lying between the over-crowded Hunts Point section and the Intensively developed Throgs Neck section. This section which Includes Clason Point and Castle Hill Neck, would. It Is the consensus, respond Immediately to tho vlemand that would he created for home, apartment and business building sites on the route to and In the vicinity of the new brldgo approach. The eame nuilding activity iiiikIU be expected to develop In the beau tlfully located College Point section of Queens, where the home building activity of the last three years has almost completely transformed the waterfront of Astoria, College Point, Flushing and Whltestone, and where there soon will be subway service, at a five-cent fare, to and from the new Main st. Coronn-Qucensboro subway station In Flushing.

Manhattan Firm Purchases 4-Story Building on 23d St. Julius Marqusee and Harold D. Picker sold the southwest corner of 23d st. and 2d flve-storv building, with live stores and three apartments on a floor. The property, 40x78.6, was sold for all cash over a 8S6.0U0 first mortgage.

The purchaser, Charles Freeman, bought the property, which was held at for Investment. He was represented by David I. Shapiro, attorney, nnd H. Levitt Co. were the brokers.

Tho same brokerage firm also pur-chused the four-story business Ing, at 123 E. 23d between Lexington and 4th which was held at $93,500. The bulldliiK Is on a plot, 28x100, and was sold hv Mrs. C. V.

O'Brien after an ownership 15 years. Lowenfeld Luxenberrf were the brokers. New Jersey Acreage Sales Bring More Than $425,000 William B. Young sold to an In- CVM of lBn'l 'i the cliffs of the Palisades In Fort Lee-for account of the Stadm-onn Company the samo broker sold with associates. William M.

Cuhlll Jr. and frank H. Hayes, to a Nvndicate, 45 acres of land on the rlliTs the Palisades, In Tenafly, and sold to a syndicate, through the same associates, two tracts carrying 72 acres of land, for account nt the Palisades Company In KiiKlewoo.l I lifts. The same broker also sold to a syndicate, thrnucli the same associates. 9 acres of Innd In F.ngle.

wood Cliffs, for account of Drlscoll. The total price of the 137 lh nve "ggreguted 4 38,000, A solution of the present motorcar traffic congestion In upper Manhattan and the Bronx Is suggested. This pressing problem, It Is said, might be solveJ, economically nnd logically, by the construction of a bridge over the East River from the Clason Point section of the Bronx, at the foot of Sound View to the College Point section of Queens. The East River Is narrowest at this point and Sound View In the Bronx, Is a wide, asphalted throughfare which at the present time Is the route of the Bound View ave. eloctrlo surface car line, which connects with the Sound View ave.

station on the Westchester ave. and Pel ham Bay Park extension of the Lexington ave. -College Point Is tho gateway to the North Shore of Long Island and one of the most thickly populated sections of Queens in tho central and South Shore portions. A brldgo erected across the East River at this point would have the effect of diverting a very lartre percentage" of the Bronx, Westchester and New England motorcar traffic, which, tinder the existing conditions, Is forced to make tho trip through the entire Bronx and part of Manhattan In order to enter Long Island by way of the Queensboro Bridge, which at the present time Is the only automobile gateway to Long Island north of Canal st. This Clason Point-College Point Bronx and Long Island Bridge, for the purpose of distributing automobile traffic from the more northerly NEW YORK BROKERS INVITED TO VIEW PROPERTY EXCHANGE Real Estate Men of Five Boros to Be Allowed on Trading Floor.

An opportunity will be offorded the real estate brokers of the metropolitan area on Thursday next In view in operation the trading floor of the New Tork Property Exchange, at 848 Broadway. Manhattan, during the hour from 11 a.m. to 12. Irrespective of whether they are not, all licensed renl estate brokers Interested In visiting the Exchange at that time will find the floor open to them. The method under which the trading floor Is operated Is a matter which will find interest In the entire realty fraternity, and all who may find themselves in the neighborhood of the Exchange building on the date nni hour announced will be admitted to the floor.

Listings will be read by the floor chairman. Anyonn present at the time can secure ony of the llstlnas called by approaching the platform and requesting the listing sheets desired. The listing aheots can be obtained then and there from the listing clerk, whose desk la on the floor chairman's platform. Exchange Will Have Exclusive Listings. The New York Property Exchange, with this open Invitation to brokers In the boros and nearby territories, Inaugurates a program of extensive service In trading nctlvlly.

The Exchange Is now prepared to handle a larse amount of buslnefs through Its service divisions, which have been carefully organized and close attention has bein given to the securing of exclusive listings on property, mortgages and leaslngs. Preparations ore under way for the election of advisory board members and committees are being drawn. Full announcement of tho results will be made In the near future. An Indication of the Interest which the New Tork Property Exchange has aroused Is shown in the numerous requests from real estate brokers for Information shout the operating policy of the Kxehsnge and the method of application for becoming member. Ileal eMute nien are nlready malting uso of Ihe Individual service offered under the Exchange roof, where every facility Is to be had for carrying' on their business In Hie manner to which they are accustomed In their on private offices.

GARDEN CITY MANOR, ALONGNASS AU BLVD. ON SALE SATURDAY Big Sale of Business Lots and Home Sites Scheduled by Joseph P. Day. When the late A. T.

6tewart decided to develop his vast Nassau County holdings, which since have heen known ns Garden City Estates, he so restricted the property as to Insure it against Invasion by business In the years of the future. Now, coincident with the more recent development of Garden City and Its environs a development that not even the farslghted merchant prince could possibly have foreseen the greatest need of Harden City and Garden City Estntes Is a suitable business district. The opportunity for the creation of such a business district la the section bordering Garden City Estates along Nassau blvd. and North Hempstead Turnpike, both of which ure business thoroughfares. It Is here that 675 business and residential lots comprising the property known ns Garden City Manor are to be sold at public auction on next Saturday at 2 p.m.

by Joseph P. Day, auctioneer. The sale will be held on the premises. Near Country Clubs. The Garden City Manor lots to be sold by Mr.

Day Include more than 5.000 fce frontage on Nassau blvd. and North Hempstead Turnpike In the section a few blocks south of the Nassau blvd. station on the Hempstead Division of the L. I. K.

it, and on a direct line with the Merlllon ave. station. From the residential point of view, the lots to be sold enjoy the advantages of a location between tho Garden City and Hempstead Country Clubs, nnd adjoining the North Hempstead Turnpike trolley line from "Jamaica to Hempstead. There are nlso three golf courses In the vicinity, with churches, schools and hotels nearby. Oardcn City and Garden City Estates in the last three years have been the scene of a very consider-able amount of new home building, and a large amount of acreage on the outskirts of the Stewart domain has been purchased by prominent Investors and developers.

Tho R. C. Mulley Realty Selling Organization, agent for the owners. Is ro-opersting with Mr. Day in tho sale of the Garden City Manor lots.

Newark Merchants Buy Large Central Ave. Plot The property located at 31-39 Central Newark, being the northwest corner of Haleev at. has Just been sold through Feist A Feist, Ahram Feist, president, for the Estate of Beach Vanderpool to Martin Goldsmith and Ahram Strauss, of D. Strauss Broad st, merchants. The plot In question has a frontage on Central ave.

of 134 feet and on Halsey st of 100 feet. This particular property has been In the Vanderpool family since 1867 and is part of the original Vanderpool Homestead. The Washington pi. end of this property, which has a frontage on Halsey st. of 100 ft.

and on Washington pi. of 127 feet, was sold some time ago to the Globe Indemnity Company, who have recently improved the property with a 6-story modern commercial office building. The new owners of the Vanderpool property plan to Improve the site at a very early date with a 6-story commercial building. "KEY" PLOT OX AVE. MAX-HATTAX, rmt'HASED.

John Newton Porter sold for Baumgarten Realty Corporation to a member of the Porter Operating Syndicate. 1 3 Ave. the key to tiie northwest corner of 80th on a plot 25x81, containing one lurce, modern store and 12 families. The Imvers were represented by Alexander T. Wells of Kelly, Hewitt 6 Hartp, and Ihe sellers by Rudolph T.i pill, lis attorneys.

This makes 'tiih Ave. A parcel purchased by members of the Porter Operating Symllcute In Ihe rust few months. By MOODY B. GATES. Representing the Joseph P.

Dav, L'harlet F. Noyes and IS. Oates Blndlcate in Florida. Note Moody B. dates is a tcell-known real estate investor in A'cio l'orfc.

He tnrnt to Florida in 19iS and personally spent eighteen months visiting every section of the, great Htate. Mr. Oates is enthusiastic over the possibilities of Florida and feels that with coneriaftm the opportunities aro flreaf.J If entire city blocks of new and substantial buildings of steel nnd concrete, If mammoth hotels of permanent fireproof construction, If huge packing plants, and port and railroad extensions, and enlarged terminals, and thousands of miles of new paved highways, represent a real estate "boom," then the Stato of Florida Is having a boom of undreamed-of proportions. I much prefer tj call all of this activity, representing the Investment of hundreds of millions of dollars by the keenest ouHlness men of America, the Inevitable development of the last of our "pioneer" States, the natural result of realization that here, within 36 to 40 hours' train travel of 60,000,000 of our population, lies a land of 30,000,000 acres, two-thirds of which are capable of agricultural development and which, because nature has favored It above all other sections of our country as far as climate Is concerned, Is capable of producing enough foodstuffs of certain varieties to satisfy the needs of half of our population. The pioneers are opening up the Florida Peninsula and the settlers are following closely on their heels.

Men of vision have seen the possibilities of great return on capital invested in this Pioneer State for the purpose of bringing Into use the Inherent value of the millions of acres of undeveloped land. Florida has the most liberal tax laws of any State In the Union. Other sections of our country have enjoyed so-called "booms." PLAN DEVELOPMENT OF FLUSHING TRACT A syndicate headed by Roeenzwelg Brothers, has Just purchased in FluBhlng-Bayslde, the Kouwenhoven Farm, a large tract of land, consisting of 14 acres and having a large frontage on the Rocky 11111 on Hell blvd. Nassau blvd. runs through this property.

This plot adjoins the Belleclalr Country Cluh, and faces the Oakland Country Club, and Is adjacent to the Taylor Kstate, Just recently sold by Joseph P. Day for the account of the Schulte Interests. The property Is situated one mile from the Bayslde railroad station. The syndicate Is contemplating a development on a large scale, by erecting a great number of very fine type homes on the property. The cost of the project.

Including the land, will run Into several million dollars, they report. D. J. Frelberger represented the syndicate as attorneys LARGE ACREAGE TRACT AT STAMFORD TO BE DEVELOPED. The H.

E. Verrsn Company of New York and Stamford, has Just disposed of Its acreage holding on the Hoston Post one mile south of Muniford, to a client of Chauncey II. tirlffen. The purchasers will Immediately develop the property with new streets and street Improvements and offer It for bust-nesa and residence sites. The property Is one of the most Important acreage parcels lying between Stamford and Oreenwlch and was held at $178,000.

Mr. Orlffen will have charge of the development and sale of the property. which have turned wilderness Into thriving communities, In the process of creating great wealth for the pioneer land owner. If one looks back over history', one finds that the development of our whole country Is nothing but a series of booms. Forgetting for the moment the attractions and they are many which Florida offers to the wealthy and to the moderately well-to-ilo people, as the nation's premier winter playground, In no other State can as ninny crops be grown in one year as In Florida.

In no other State are crops grown that yield such high return per acre as in Florida. 1 look to the West Const and the Central and South Central sections for the greatest substantial Industrial and agricultural development of the Immediate future. The rap-Idly developing tributary to the West Coast, the rich surrounding urea, is the reason why nttentlun Is now being focused on this section. The peninsula of Florida extends from northwest to southeast, so that the heavy winds from the northwest are tempered by the waters of tho Gulf of Mexico, making a warmer climate In winter and cooler In summer, more nearly perfect all-year-round climate permitting the growing of from three to five crops a year. Then, too, the fertility and adaptability of the soil of this portion of the State are such that Its possibilities for agricultural development are great The diversity and number of crops give the farmers of this section a great advantage In marketing.

They can ship early and late. Here at least 80 kinds of standard crops used as food for man and feed for livestock can be raised. While recognizing the hectic state of real estate speculation in some few sections, after the fever of this speculative excitement runs Its course, values will adjust themselves to a level commensurate with the rapid development which Is occurring in the Southern peninsula. I look for years of rapid growth of business and industry of all kinds, for there Is no denying the fact that the permanent population of Florida is Increasing enormously. Area Closeby to Proposed 6th Ave.

Extension Active Brown, Wheelock: Harris, Vought Co, have sold for Daniel I'rowe to Leonard and Charles Weill tho 3-story and basement Colonial dwelling on lot 26x100 at 15 Vandam lying westerly from the proposed extension of 6th ave. This is the third sale In the past month made by Brown, Wheelock: Harris, Vought Co, of properties In this Immediate vicinity close to and abutting the proposed extension of 6th ave. The same broker. In conjunction with William A. White Hons, have sold for the West Beach Realty Corporation, to William 8.

Coftln, tho 3 8-ntory buildings on lot 44x3 Irregular at 207-8 Spring st. This property will He 61 feet east of the proposed extension of 6th ave. The same company also have leased for 684 Sth ave. Corporation offices In the Brentano Building at 1-11 W. 47th st.

to J. A. Hrlnkley, and In conjunction with Cushman Wakefield, offices in the llecksher Building, at 730 6th to Morgan Llvermore and have subleased for Berthelot A Zlmnier offices In the Liggett Building, 41 K. 42d to O. Lynn Sumner; also ofTlcea In (43 6th ave.

to Arthur Aprahamlan, and a store In 11 E. (3d at. to Mrs. Csrollne J. Oultmette.

BRONX SCHOOL TO ENLARGE The Bronx Trlvate Boarding School. L. Lexer, president, purchased a plot 100x100 on Steu-ben 20 feet off Mosholu Park, to enlarge Its present rapacity. The building will be of the most modern tvpe and will cost approximately $100,000 to erect. The plans for same are being prepared by Harsdelri J.

Sheridan. The Three hnro Realty Exchanae, Joseph Poplin, were the brokers. I REPLACE YOUR OLD RANGES 1 ri This Enameled A-B Gas Range lots of t) or more) $27 .35 Each.