Pittsburgh Post-Gazette du lieu suivant : Pittsburgh, Pennsylvania • Page 6

(. i ui Kim, 'in i alcwav in Black As oC(urM ix if! JLong-Uangc Project I fjiiilablf in Junr tart Two Coolly Enterprises; Yicr I'rrs-iilrnt Olrs Rrdrvrlnpnirnt Surer ('onslniclion Cosls in (lih Up 2 I Vr Conl Sliows 22 IVt. Poinls Urlow tJ. S. Level Construction costs in Tilts-burgh, closely following the trend in eight northeastern states, rose two per cent in the year ending last March, the K.

V. Dodge Corporation reports. The cumulative cost increase, covering the 17-year period dating back to 11)11, 4 i eight slates, including Prim-sylvania, is cents. Per Cent KisP F.xperled The report found that construction costs In Pittsburgh are currently only one per cent under New York City's but .16 per cent leS than in Harrisburg. It predicts that costs on entiling from summer cottages to skyscrapers will con-linue to pn.sh upwind as 3 late of about, one per cent: every four months, or three per cent for 12 months.

adds up to 1'iJ per cent, in Pittsbuigh, '22 iercen1age points below' the national average, Dollar Worth cuts This means, the report says, that Fittshurghers now must spend approximately $2.31 to purchase as much construction as $1 bought in the pie-war year. Dodge estimated that on an average the current purchasing power of the dollar in the 'I sf in fart nr. 'fitf Wrl'f T'S HITA a uphill battle and at times durins; 1 -K 1 the past oieht years it scorned like a lnsin? one. if' But tndr.y Gateway Center, the first and larpest commercial redevelopment area of its kind in the country, not only is the Downtown Triangle's most valuable -addition but is tolallv secure 5l 4 as a lane range rea' estate investment. That is evidenced by Iho fact that, while many rievel opers arc holding hack because of Hip current economic lull, Equitable Life Assurance' Society next month will begin two more expensive projects on its 25-acre property.

I'ndergrnund Parking One is a 22 story office building, which at an estimated TONIGHT! V-' il 5 i p. i4 I Li' V. E. Beck are served by Bert in The Carriage House. John W.

Blake ami Mrs. C. An i nil I SI I vOj mi Carriage House Carries All Of the Charm of Yesterday cost of Jlfi.OflO.onn is tn be even more ambitious than originally planned. The other is an ad-j a "Oil-car underground parking garage, which is to be topped by new Downtown park. Oil llieir completion by early 1'MiO, Kquitahle will have somewhere around in Gateway enter, apart from another $.11,000,.

0110 invested by the Hilton HolrU Corporation, the Commonwealth of Pennsylvania and J5ell Telephone Company. All but one of the eight sites in the sector hounded by Stan-wix Street, Fort Pitt. 'boule 1 8:00 P. M. "PERRY COMO" Guests; Johnny Mathis, Comedians Rowan and Martin As low as $91 per month Fu niture i with painted Hitchcock chairs has been used in the restaurant.

Red and white, aqua and monthly payments for ranchei, jtories, split levels 72 and 2 -stories We have a limited amount of G. HURRY! ACT NOW! funds available. "CLUB pi i I i i 1 BE SECURE! OWN YOUR OWN HOME! Choose your today in University Park where Gibson and Jamison are satis, fying the housing needs of one family per day. ii OASIS vard, Roulevard of the Allies and Rarbeau Street will be occupied by finished buildings covering only about 30 per cent of the total land area. Still definitely planned for the last site, that next to the Hilton Hotel property, is a large "executive" apartment-hotel, although this mav not be built until after the Hilton is in business.

Several Site Kemain Also remaining lo be developed are several sites on the southwest side of the Roulevard of the Allies. However, before deciding what to do with this land, Kquitahle first wants to see if Gateway Four will satisfy business demand for modern office space. That is being considered together while, and yellow and while are the colors alternated throughout the dining rooms. Colonial accessories used throughout Ihe rooms are in copper, pewter, brass and tole ware. Prices Rack in the stainless steel kitchen, modern and neat, energetic William Faust is chef.

He prepares a menu planned by James Mon.o, the manager; featuring the cuisine of popular American dishes. The menu is moderate in price. The food good. Reservations are adv isable for even individual luncheons or dinners, necessary for groups of all kinds, to which the Carriage House happily raters. It's a perfect setting for a sweet garden wedding.

Whenever you go, chances are the dreamer, Charles E. Reek, will be around to smile a quiet greeting. and with one building lelt over, the old dairy house of (he original farm, Mr. Beck nened the restaurant two years ago and named it The Carriage House, after a couple of old carriages found on the place. Four months ago, the place was closed for redecorating and the installation of an air-conditioning system.

Last week, all this was accomplished, and the charming eating place is re opened in grand style. Terrace Seats 10H A custom-made, hand hooked rug with a design of cardinals and while dogwood in the entraneeway sets the standard of the decorative theme in the five dining rooms on three levels in the House. A gay Terrace dining area, with white wrought iron furniture, seating 108, will be in use during the summer, outdoors among the old trees, the lilacs and hedges. The motif throughout Is Farly American In keeping with the Colonial architecture of the Manor House which dates back to and which JSy KUONICA VOI.PK SUIT Writer VBKNKIN OWXF.K, a capable chef, an experienced manager, and a devoted staff is a formidable combination for the operation of a restaurant. Add to this an atmosphere of graciousness and comfort created by the best taste in furnishings and decor in a building set in historic sylvan surroundings, and you have some conception of what is in store for those who dine out at The Carriage House, the restaurant just reopened by Charles E.

Reck in his rambling Charter Oaks establishment on Greentree Road. The Siberian crabapple Irees were a rage of cascading blossoms, the tulips bright bursts of color, and the dogwood in bud. the morning we visited this latest of Mr. Reek's visionary ideas come to reality. Interiors by Beck First, it was the commercial venture of "Interiors by Beck." that Mr.

Reck established in the rustic area of Charter Oak Faim, the historic site of the boundary mark established in 1773 between the Colony of Virginia and William Ponn's DIRECTIONS Drlv. out Prlwy Eflit through Juit bt-yond th Turnpitt intrcringt. 9:00 MARTHA RAYE Stars With Stan Freberg 51 P. RsilN flMmlN with a professional-medical CONSTRUCTION. INC.

VAUey 4-6805 )iiim nmmmirnMiM nn building. "It will take complete utilization of our propertv for EquitahlP lo realize a satisfactory return on its investment," says Frank H. Rriggs, resident vice president. "Gateway Four and the parking garage are a big step toward that realization. "We are more confident in the future of our investment land called Pennsylvania.

-J "ACADEMY THEATRE" was once the home of a nephew of Napoleon, who had been sent to the area of Fort Pitt as a surveyor. Maple, pine and cherry fur New Lower Down Payments show why NOW IS THE TIME TO BUY A NEW HOME! Reveal Home, Income Kalio Most American families to- dav are spending less than i 11:00 Anne Baxter, John Hodiak, Charles Winninger Star in "SUNDAY DINNER FOR A SOLDIER" than ever before. We always believed in this' as a coin-nuinity moniimeot, but now we are equally optimistic about it from a financial viewpoint." Judging from the number of queries received from pros-pective tenants, Equitable expects no difficulty in leasing space in the new building, according to Mr. Rriggs. Currently, the Society's first three buildings are almost entirely rented and the space for which Equitable especially had trouble finding tenants' that on the street floor-is fully occupied.

Ketail Shop Space Mr. Rriggs said the start of the Hilton project has stimulated much more interest in those storerooms as well as in the extensive retail shop space lo he provided on the ground floor of Gateway Four. I'ndouhtedly. this is because it is now easipr to see the great potential Gateway Center has for attracting the vol The business of "Interiors" expanded to all the ramifications of such an undertaking, needs to be a lively, dynamic part of the Downtown. Occupancy of the new Bell Telephone Building and tiate-way Four will raise the total working population to over 1 1,000 persons.

At least 3,001) more people will be brought into the area daily by the new Hilton and the narking garage. Willi completion of other building projects and of contiguous Point State Park, with its varied attractions, to 30,000 persons- and probably many more in the summer -should be working in. visiting or walking through Gateway Center each day. On wet, cold, stormy days much of that will still be there, though not visible on the surface. It will be underground, using pedestrian subways that will connect Gateway Four and the -parking garage with the Hilton and the three Equitable office buildings.

NEW FHA POWN PAYMENT SCHEMT.E one-fifth of 'their income on housing, the Federal Housing Administration has found in a newly-completed study. Last year, according to the study, the typical buyer of a new FlIA-insured home had an income of He purchased a three-bedroom house valued by FHA at pud financed "with an $11,823 mortgage loan with a term of 2.V years and requiring lotal monthly payments of $00.20. In addition to the mortgage payments, the buyer's monthly housing expense, including maintenance, repairs, heating and utilities, was estimated at The ratio of housing expense to income was slightly higher than in 1 $4,000 FORMER LAW April 1957, $3,000 i PRESENT LW April 1953 v'' 1 1 i $1,000 1- i ume of pedestrian traffic -both by day and by night -it Posl-Cnzdlc Home of I lie Week Big Extras in The Victoria 12:20 A. M. MAL ALBERTS "LATE NEWS ROUNDUP" $18,000 $20,000 $22,000 $14,000 1 6,000 $10,000 $12,000 4 4 if, Bill certainly made it easier for you and your family to enjoy the comfort, cleanliness and convenience of a new home.

There are scores of model homes now open for your inspection in and around Pittsburgh. Why not spend a pleasant weekend visiting these striking new homes this weekend. Why put off buying! Take advantage of today's values and today's low down payments. And check the Posf-Gaiette every Satur-' day for the location model homes and news of Better Living. It's easier than ever to buy a new home.

This chart shows part of the reason. It shows the remarkable change that has taken place in the past 12 months in the FHA down payment schedule. For example: A new home offered at an FHA evalu-ation of $16,000 a year ago required a down payment of at least $2,200. The same house, under the new law, can be bought for as little as $780 down! Yes, the reduction in down payments have Convenience Is Keynote of Home For Rit Family rpHF, beautiful, four -lev el A Victoria, in Forest Hills Manor, was designed and built with plenty of "extras" for today's growing family. Home Builders Association member Catranel, winner of American Home's "best house for the money" award last year, have put a wealth of conveniences into this Home of the Week.

There are family-sized closets in all three large bedrooms, with a private hath in the master room. A second full bath serves the others, and a powder room is adjacent to both the laundry room and the' spacious, knotty pine-paneled game room, "Dream" Kitchen a Reality A sinking fireplace highlights the Victoria's living room, hich nppns to the front foyrr on on and a yppa-ra'e dining room on the other. Catranel's charming Victoria graces Forest Hills Manor. DON'T FORGET! PUT YOUR NEIGHBOR BACK TO WORK Selling at the Victoria is located on Sharon Drive in Forest Hills Manor. To reach this development, which is close to every urban facility, take the rarkway Fast tn the Churchill exit, and turn left on the Greensburg Tike.

Viewing hours are between 10 a. m. and p. m. today, and 1 to p.

m. tomorrow. For full details, call Catrtnel Real'v. BKandvwine 16647, There is a gracious patio in the rear. The Victoria's kitchen could be termed a "dream," if it weren't such a delightful reality! Located Off tireciMuirg Pike Here, (he homemaker has at her fingertips a built-in Tap-pan gas oven and range, and Waste King dishwasher and garbage pulveralor.

Service is hy Jhp Peoples NaturaJ Gas Company. IT'S EASY TO BUY A NEW HOME NOW! Published In the Interest of the Home Building Industry by the Pittsburgh PostGaietfe Buy Now.