The herald., 1895-08-29
REAL ESTATE AND BUILDING
Money to Be Put Into New
Houses
RESIDENCES AND STORES
The Long List Of Permits for the
Week
Sales Of Lands Reported and Brief Reference
to improvements Begun or Soon to
Be Started

For the week ending yesterday the
mum ber of permits issued from the office
OF Superintendent of Buildings Strange
falls somewhat short OF that recorded for
several weeks past. Enough were taken
out, however to show that the Los An
geles builders have not ceased operations,
and to indicate that the lull is but q
temporary one, preparatory to record
breaker about the first week in Sepetm.
ber, when summer outings shall have
been concluded and the reinvigorated
Ecainess man shall devote himself to his
~orK with renewed energy. 1t is the
less unpleasant to call attention to the
A.nallness of the number of permits be-
cause the aggregate value of the build
inps to be erected under the permits is
sued during the week ending yesterday
is considerably in excess of that recorded
for long time.
This results IN part from the fact that a
large proportion of the new buildings
will be high class dwellings, but more by
reason of the proposed investment by l..
N. Van Nuys OF $120, 900 in 5-story brick
building with basement. at the northwest
corner of Fourth and Main streets. The
selection of this site is an indication that
the Broadway craze has not affected all
the building world, and that the rapidly
increasing population east OF Main
street and south of Fourth street. inclu d.
ing the Childs and WolfskilI tracts and
tracts or lot aligning Santee and San
Pedro street and Maple avenue. are duly
supplied with commercial facilities. In
view of the tremendous growth IN the
population of the vicinity indicated. it
is little surprising that the revulsion
against Broadway development should
not have set in earlier. While there Is
no doubt as to the future of Broadway as
the most elegant retail street in the ely,
it is very seriously to be doubted whether
as good results may be obtained by
stringing the retail business indefinitely
along one street. as by spreading out
laterally, thus reducing the business
section of the city to the form of a
square, and making the business estab-
Iisbments of the city much moro accessi-
BILE than they could be on the one-long-
street system. So much attention has
been directed to the elegant building sites
and the splendid improvements OF the
southwestern hill section that the commu
nifty has be in danger OF Ignoring the
fact that the level grounds of the south
east region lack very little of equal de-
velopment in elegance and cost of i'm
provments and are not at all behind in
matter of growth of population.
Aside fro2: the Van Nuys block there
is only one other store building of even
moderate Iretenslons for which permit
was taken out during the week. That
one was issued TO Newell & Cannon for
a three story brick block to be erected on
Broadway, between First and Second
Streets to cost $26,000.
John Zeigenfuss will build two-story
fiat on Santee stteet, between Twelfth and
Pico steets, to cost $500, but with that
single exception, all the permits issued
during the week, and not mentioned
above. are for the construction of dwell
ing houses. The johnson & Keeney COM
pany took out permits for five houses. ag
gregating $10 600 in cost, and as that COM
pany is in the business IF erecting houses
for sale or rent it may be supposed that
these particular houses are not to be occu-
pied by the builders. But SO far as can
be asceratined nearly all the other dwell
ings are to be erected for immediate oc-
cupancy by the owners.
Considered all together the weeks
building permits show there is no diminu
tion in the rate of the growth of Los An
geles and no deterioration iIthe substan-
tial and business like class OF I'm m igrants
which daily MAKES the population greater.