New-York tribune., 1902-08-24

buv the block front on the west side OF Broadway
berween Cortlandt and Dey sts-, together Win
large strip Of land in the rear These persons nave
been Offered some Of the properties forming part
NJ the desired site but part Of the plot would not
help them TO realize their Plans It is said that
several owners Of parcels in the desired site have
resolutelv stood in the way Of bringing 10 sue
cessful end the negotiations 10 buy These owners
have perfect right TO assume this attitude NO
one can legally compel torce them 10 do some
thing that they DO care TO do. The men re-
sponsibe for the overtures TO purchase. VIII un-
doubte5Iv call them such nice names as bull
headed owners
II is exceedingly difficult TO have who do not
and who seemingly cannot agree on certain mat
ter thinking pleasant thoughts OF one another or
irving to surmount the barriers which separate
them in q boyish manner. This movement to i'm
prove the blockfront the west side of Broadway
between Cortlandt and Dey sts was started long
time ago. and il viii probably not be brought to the
end sought by those behind il for some years. If
eyer. Some of the property owners who stand In
the way Of the carrying of the project are en-
gagged in some retail business on the parcels they
own. and if q large of money was set aside to
insure them against possible loss while the prop
critics were being improved and every possible thing
was done to protect their interests. the project
would probably soon be free of bitches.
There are all sorts OF rumors as TO the nature OF
the proposed improvement to the Broadway block
front One was TO the effect that telegraph or
a telephone company was the real power BEHIND
the movement that il was proposed to build. II the
land could be bought in fee simple. big building
for the use Of telegraph or a telephone company
Al the office # counsel for the Western Union
Telegraph Company II was learned that that com
pany was in no way interested in the movement
TO improve the block front or TO buy one inch Of
land in the block Neither is the NewYork Tee-
phone Company. though it bought, some days after
a Tribune reDor, er called at its main office TO learn
II il was identified with the project, Nos and II
Dey-st-, which adjoin its building in Cortandt-st
on the north. AT the time the telephone company
bought the Dey-st. parcels il was authoritatively
said that the purchase was made investment
It was generally thought that the company bought
the property TO protect its own building on the
north and for the purpose Of building an annex
to its home If there ever any need for such an
annex
This is one Of the many projects that will be
carried into the coming in the hope Of
being able TO put IT in effect But why constantly
talk Of the past" said well known real estate
broker a few days ago, in speaking about real
estate conditions u have buried the past and
waiting for the halcyon days in the future,
Everybody whose opinion is worth having frmly
thinks that the coming season will be a record
breaker. and hold the same views"
II is interesting TO review of the things
which likely to be done in the future.
Here are few operations which may be under
taken:
The building of a hotel 10 cover the whole block
bounded by Fif;y-seventh and Fifty-eighth and
Broadway and Eighth-ave.. by the United States
Really and Construction Company.
The purchase OF many of the principal apartment
houses and hotels in the West Side section Of the
city above Fifty-ninth-st., by the Robinson syndi
cate. comprising many Buffalo men
The Improvement OF the Broadway Tabernacle
property. al the northeast corner # Sixth-ave and
The purchase Of many million dollars worth of
properly III FOrJ " asAlng heights section
by the Charles T. Barney syndicate and the i'm
provement Of scores OF plots in that section by the
The purchase and improvement of many choice
parcels by the United States Realty and Construc-
The erection Of a large tennis and squash
by ]. Henry Smith on the site Of The old DickeTs
The upbuildng Of Broadway from the Grand
Circle 10 Seventy-second-st-. ana even further
leading giants IN the real estate market nave their
eyes upon the section Of Broadway just north Of
The building Of hundreds Of one and two family
houses along the proposed route of the New-York
and Port Chester Railroad
The purchase and Improvement Of tracts Of land
The placing OF many apartment houses and hotels
Under management, so as to reduce largely
LHe operating expenses.
There is little likelihood of rentals OF apartments
and fats being lowered, for many reasons. Such
rentals likely to be increased greatly If the
coal strike lasts much longer. Some owners of
steam heated apartment houses ana hathouses are
reportc6 10 have already charged sl5 more month
than last year for small fats furnished with steam
neat With the price of land soaring skyward in
fhe desira bic sections of the city. and with the
Of building greater than for many years there
are practically no signs that the cost or living In
nAfhouses apartment houses or in any building
with roof IL viii be less or be the same
last year. Fortunate indeed is the person who OBJ
taineo long lease yrars ago to cosy and
well located hsthouses apartment house. steam
heated anc furnished with modern conVen' 'ences
Among the principal orerattons Of the week
the sale of No. q West Thirty-fourth-st.. at a
record prize. 70 the Thirtyfo Street National
Bark: TIE sale of the Hotel Bayard property at
Fifty y-fourth-sf ard Broadway. 10 syrd'cate; the
purchase OF the New-York Theatre by klaw &