New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-07-12
GOOD HOMES AT SMALL COST
THE CITY AND SUBURBAN HOMES COM
PANY READY 10 BUILD.
ONE HUNDRED HOUSES TO BE ERECTED IN
BROOKLYN AT OMEGA GREAT OPPORTUNITY
FOR MEN WITH MODERATE IycoMEs-A
SAFE INVESTMENT FOR THE COM
PANY. AND AN EXCELLENT
THING FOR THE
r.. PURCHASERS.

THING FOR THE
-, PURCHASERS.
The plans of the City and Suburban Homes Com
pany are so far perfected that to-day the work
of excavatng the cellars for the first 100 houses
that are to be erected In Brooklyn Will begin. This
undertaking has aroused the interest and sympathy
of a large number Of phanthropists. and It Is
matter Of congratuaion to them that the actual
beginning of the work OF construction Is about to
be made.
The plot OF land purchased by the company COM
prises about twenty Eight acres In the FORMER Town
of New-Utrecht now the Thirtieth Ward OF
Brooklvn II lies between Ovington-ave. and Sew
enty- fourth-st and fronts both sides OF Seven
teenth-ave II includes 80 city lots. each xco feet
In dimensions. and Is easily accessible from the
Brooklyn Bridge and the East River ferries gener-
ally The idea of the promoters OF the enterprise
IL to erect houses for people Of moderate means,
which they will pay for IN monthly instalmen,s'
the company being insured against loss by life IN
surance policies taken out by the prospective own
ers The houses are to be built OF the best mate
rails and in the best manner. and by erecuhs ~
large number OF them at the same time 1t has been
found possible to make great saving In the cost.
The land selected for this coony-Homewood Is
to be its name-s finely situated In the outskirts OF
BROOKLYN about a mile from the waterside at
Cravesend Bay. II IS level, but not low as 1t hes
many feet above the water level. The supsoh Is
sandy and graveIly. thus insuring dry cellars
while the top soil has the richness that comes from
long years OF cultivation as farm land WIN apu"-
dant fertilization. Macadamized Streets graHi.e-
block cutters, buestone curbs. well-laid soewaihs
and lines OF shade trees have been provided, ana
there will be fifteen feet Of lawn In front OF the
bouses on each side OF the streets which nave
been laid out This work has been done under the
direction OF the Department OF City Works' anu
the improvements may be regarded as permanent
I'm character and freeing the property from al
likelihood Of future assessments.
Unfortunately official plans for sewering this dis
trct have not been perfected and it has been i'm
possible for the company prepay sewer assess
ments: but II has been planned to build lateral
sewers and make use of plan OF sewage purilica-
zion nv forced aeraton until trunk sewer Is con-
structed by the city.
WORK OF THE ARCHITECT.
The plans for the houses have been made by Percy
Griffin the architect who has devoted much time
for the last year to this work HIS purpose mas
been to provide houses that are pleasing archi-
tecturally while at the time they are well
built of the best materials and with appurtenances
OF the highest order They are designed In gen.
eral to fall within the resources OF men earning
from $500 to $500 a year, and instead OF paying
rent their monthly payments In lieu OF reh' VIII
20 toward providing permanent homes Tor theF
families II Is the intention that not single mousse
In Homewood shall be built entirely OF wood VT.
Criffins idea has been to brick or cement. with
a combination Of both with chestnut beams or prlcK
for the first story. with shinge upper STORY III
tbts way the cost of painting the exterior which Is
a considerable item every three or four years In the
case of wooden houses. will be avoided
The specifications call for hard-burned jersey
brick. the best of sand and cement and cemented
collars The brick walls are to be laid With two
inch air SPACE and properly tied together insurng
freedom from dampness and moderating the neat
OF summer and the cold OF winter. Inc houses
in Homewood will have from five to eight rooms
excluding the bathroom and pantry. The httingS
will be nrst-class. the plumbing will be open ana
norce,ain bathtubs will be provided. Purchasers
are allowed 10 take as many three lots. and the
houses are to be detached, semi-detacned or Quit
four In row Thus all tastes may be suited
II Is not singular that this plan has appealed
strongly to earners Of moderate salaries and while
arrangements have not yet been completed ior iw
purchasers the company has hesitation in going
ahead with the erection of that number OF houses
The plans for the buildings Will be filed at once
with the Department OF Buildings in Brooklyn, ana
the houses will be put up in groups or twenty
1t is the expectation OF the company which has
taken the contract for building them that the! VIII
be completed in four months.
The president OF the City and Suburban Homes
Company is Dr. E. r. L. Gould. When seen oy
representative OF The Tribune at the office or the
company. in Fourth-ave.. on Friday. ne spoke with
much satisfaction OF what had already been ac-
complished by the company and or the prospects o.
the immediate future
TALK WITH PRESIDENT GOULD.
1--WE have done ADVERTISING said Dr. Gould,
land yet people have had no difficulty in finding
out what we are doing and the interest they have
shown in our work has been most gratifying we
are ready TO proceed with the erection oI
100 houses. although cannot say that we nave
made definite arrangements with that number OF
x-tVr AM
there Is no doubt about finding purchasers Tor me
remainder | should say judging from the interest
stom s 10 s. 800 year They are mechanics
clerks policemen. letter-carrers, etc-al men wi,D
tosIahle assurance q, Oh 5bejr n oWn income anu
The fe-insurance feature is one Of the essentiai
parts OF the scheme, and the amount CT tne iHoH.-
is payments which purchasers VIII have 10 mas
depends therefore to yXe rare 9H
and we know all about him. There are three thin 81
which regard as essential h They dee Is he
addicted drinking Does he pay hiI sa Ei
S az na TS%"infS to as s" family
earnings. size OF house required. approximate eost
Of equred or csh Il
be paid in monthly nstalments eie We 'pe, Serence
"a sbe no,nts have mentioned lie then makes
anplication for a lfe-insurance policy and as soon
a hs ap he proceeds TO examine the plans and
select the sort Of house he wants uuo . cash
ESs5y Of 70 per cent Of The or %
give a surety for that amount. and ne IS pei dnres
10 pay off his Indebtedness as ias' as ne majority
II Is assumed however that the greas ma rass
WIN pay in monthly instruments Ia bo selects sle
NJ a man thirty years OF age, VITO seieN "a
house and lot worth $500. He pays $Sp uown, am
then pays off the BALANCE In mon,nE and at the
end OF that time he owns his mouse anu n"'
paid-up insurance policy OF si'""
a TYPICAL IASE
That is hardly typical case, howevei' io' '"e
average house will come nearer $3.50 rake Il man
who buys 5000 house. He is also thirty year,
old He pays $3.50 cash. and month";! n"' s
:. 90, 40 e. ,wc,tv wears At the end OF twenty
vears he owns his house ard has a paid-up insur-
ance policy of 81. 400 , =,
You will understand that the purchaser u
terrn,nes the style OF house he wants w''hh Ger
iand ara al ON. OF those who have already ar
20 Md 70 hn 90 houses butt about GO per cent nave