New-York tribune., 1902-08-10

northwest corner of Broad-st and Exchange
Place at expense Of about $75o,o0O The site for
this building cost in the neighborhood of 100000
While discussing the buildings in the hnan-
cial district the new tWenty-three story building
which the Hanover National Bank is erecting at
the southwest corner of Pine and Broad sts may be
mentioned in passing.
The Orient Company is putting up a twelve story
Office building at the corner Of Pearl and water
sts to cost between si5o.o0o and 100000.
The buildings projected are not confined to
those to be used for offices. The Bayard Company
made up Of number of Boston men. including
Gardiner Shaw and F. H. Ayers, is TO erect a loft
building at the corner of Broadway and Spring
sts at a cost Of S500.0D0 The Simpson-Crawford
Company is make additions to its stores at a
The Bank Of the. Metropolis is erecting building
sl5o5o60 It is to be sixteen stories high and have
frontage of 50 feet and a depth Of 175 feet An
unusual piece Of work necessary before the
erection Of this building could be begun In order
walls the south wall of the adjoining building had
to be undermined and supported while a deeper
These are only some Of the buildings which will
engage the attention of builders this fall Among
Macy, Saks and Fuller buildings
Builders agree that there never was build
ing in prospect in New-YoYrk. In speaking along
this line few days ago S. P. Mcconnell, Of the
George A Fuller Company. said: There is a very
large movement in building just now There are
more propositions TO build, more building schemes
building than there have even been before; The
buildings which are being Panneo are az ,lit -
any particular class OF ouluihgs put - s.etI u-S rs
tributed 1t be said of apartment houses ana
both sides-from those who want invest and
from those who desire to lease. Property owners
of buying improve are turning in this direction; ton
There was never greater activity Peope nave peer, m
the great development in methods OF CONSTRUCTION
which has taken place within the last few years
Of the growth Of the city. This city has been EN-
phaszed particularly within the last three years
as the financial centre % the the efed sfate YoG @
must remember in alalyzing the real estate CON
ditons of the situation here that the business
portion People who have residence here have
business here You meet here the rich men from
deal de- ii of the time You don't meet the rich men of
New-York in other cities. Chicago for instance.
W J. Merritt vice president of the General
Building and Construction Company agreed with
Mr. McConnelrs estimate of the situation THE
prospects, he said ARE for very prosperous
This talk is of large buildings too People do not
be afraid to talk OF large projects IN tiles
Office buildings fn as fast as they are completed
he said that it was fact that there vas vas little
we want here this building. It's all we can get
We would not stay here a4meh6 n6od II we coulo get
George A. Fuller the founder Of the George A
Fuller Company has generally received the credit
Of conceivng the idea of constructing skyscrapers
by means Of a steel skeleton This revolutionized
methods of building construction. He has been de-
ecrited as the poet or Of steel beams"
1t IS not Inappropriate. therefore. that the UNIQUE
fatfron building Twenty-third-st. should be
named the F liler Building in his memory. II was
constructed by the company which he founded and
involved the solution of problem in steel cons5ruc
ton. The problem to design a steel skeleton
for the PROV like of the building that would
withstand the lateral pressure Of the three hundred
feet Of its height ard the broad expanse OF ITS
sides That this was accomplished is seIf-evident
to anyone who has the structure. Mr.. Fuller
died in December, 1900