New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-03

seuuently the discussion has resulted in the
Hanging up Of the two East River bridges for
preliminary surveys of which 100000 ap-
propriated a year ago. In the resolution of ap-
preparation the locations Of these bridges were
fixed thus: One at q point on the Brooklyn
shore. between the Brooklyn and the East River
bridge building; the other at a point north
Of Long Island City, crossing BlackwelIs Isl.
and Manhattan.
DEAN ALEORD FAVORS TUNNELS.
An ardent advocate of the tunnel as a means
OF rapid transit is Dean Alvord. an owner of
much real estate in the region Of Brooklyn
known as Prospect Park South. Mr.. Alvord is
a nephew Of the late ex-Lieutenant-Cover
Thomas G. Alvord, of Syracuse, and came here
from Rochester. In speaking on the subject of
interborough communication, Mr.. Alvord said
TO a Tribune reporter yesterday:
The imperative need of New-York City to-day
is great tunnel under the East River. one large
one IS in my mind far preferable 10 Two or lhree
smaller ones. Il is altogether impracticable 10
build as many tunnels under the river as there
are TO be lines Of communication penetrating the
borough. one tunnel from the CITY Han OF Man,
De Qbo5id o consist OF Two archways wide
eaaon Sno acdonmodafe three or four tracks in
e eacht - A''''''-''-''''
SUGGESTS ONE BIG TUNNEL.
At the BROOKLYN terminus of this double shafted
tube there should be radial tunnels Drah r1h
run on straight TO the Long Island station and
long Island station out Atlantic-ave. toward
East New-York. From the chief centre at the the
tracks might diverge in other directions so as to
feed The fe Sf needs Gd for ey such %
ment are most urgent. The Manhattan terminal
rapid transit tunnel of that borough. so
that through trains might be run IRON
Ia due time the wants OF Long Island City may
f he met Fas ey in Manhattan This e
cavaton should also be suffcienlly large TO allow
directIon and three in the other. At the Long
island terminal there should also be radia tunnels
character Of the boroughs Of BROOKLYN and queens
Borough of Manhattan on the other hand, requires
parallel system Of ntercom4nun!catlonn. e,, tho
Battery TO Hamilton-ave. This viii benefit the real
ferri5ory lying or the Butterm Channel does not
demand tunnel as urgently as those parts whch
the first tunnel / have designated would reach
Mr.. Alvord then spoke of the existing real es-
tate market OF Brooklyn compared with that
Of smaller centres Of population like Buffalo
and Rochester. He said
Because Of the lack of transit facilities property
In Brooklyn in the shape of land is cheaper than
Five miles from the city Han OF New-Yorl desir-
able land can be procured at 500 front foot.
Under the same conditions in Buffalo Rochester
such property would realize 500 or $500 foot
The real 4I. estate market has been hampered not
t4nf tti ,b bis6 nriGe Of hii, no r;5 lea D TH
ing the last few months however prices have ienn
coming down, and. believe, VIII continue to de-
cline do not think that this is any sign of a
coming panic. for there is lots Of money loose for
investment. No. men have been constantly buying
and have worked prices up beyond reason. The de-
cline is only an equalization Of things, according
fell off when the prices got too high. The fall in
the price Ct structural materials will naturally have
a corresponding benefit for the real estate market
buy all the bricks want for 50 and SO a ton
to-day. whereas a year sellers Were
holding back al 81 and 81.
THE VIEWS OF VI. L. TOWNS
Alirabeau L. Towns. Of No. 375 Fulton-st
Brooklyn. who is widely interested in the devel-
opInent Of the real estate of that borough said
TO a Tribune reporter:
There has been more demand for Rrnoklyn zeal