New-York tribune., 1904-10-16

years. an then. the building loan market has not
been Just 30 the liking OF many builders until re-
Gently. We're the city not underbuilt in hathouses
would there be rush OF builders 10 get into the
Dyckman and the Fort Washington Heights sec
tons? With the subway It VIII be possible to reach
these districts quickly and easily. But II
unlikely that better traffic facilities for the district
be solely responsible for the stupendOus de-
mand for plots. and even blocks. there.
For years Yonkers has had better trafc facilities
than many suburban districts Long Island. yet
the Long Island tracts have grown IN that time
much more rapidly than Yonkers. Coupled with
good traflo facilities must be excellent building
opportunities before there be a real building
boom IN any place. Sometimes these opportunities
lie hidden Just as they have for years IN Yonkers
and they viii continue TO remain unrevealed there
until a number Of brainy builders get TO work to-
gether and become active there. Furthermore. il
must not be forgotten that there can be no genuine
building boom unless a need for building exists
For the last five years or more the Dyckman and
the Fort Washington Heights sections have been
profitable fields for investors. not for builders
Now the sections alurlng and even more
30 10 builders than 20 investors and this is really
due TO the subway and the need for Aathouses
There may be many high class dwelling houses
erected !n the sections but II any plans for such
type OF building to be built there have been drawn
no one except the persons directly interested in
those plans know aboU; them
a moss pertinent question Is what effect will ,be
building activity n the Dycknan and the Fort
!"athington sections have on the West Side dis
slset north Of Fifty-ninth-st-. and south OF the
washington Heights tract? At the present ,ir,a
Sae west Sioe Is one Of the most attractive raet
sential sections in the city. The subway viii w.
- more attractive and VIII undoubtedly result IN
- a s.eaeS. oeinand Tor dwelling houses and apart
one Of the principal transactions oF tbe nal, No.,
tne tale Dy dc Blois e. Eld:idSe and Douglas poL'
slcons Ch2fleS ). Brown & 90. fer Mrs Il II d
s.eL10hS 20 a Client Of Douglas Robinson of No
bH t.fth-aVe. 5OXlo0 feet This properly IS On H.
raSr side OF Eifth-ave-. and adions ex-C:over,or
'sAoTtons house. The purchaser has honCl. -
property Tor his own occupancy De F3lois (. ~
or1dse represented the seller. and Douglas Robin.
sOn. SItsLieS > SroWn a Co. the buyer.
Another high class dwelling house deal yae tho
sAle ot NO ~ East Effty-secon5-st by Henry d
NnsSlns G May The property Is assessed m
k<1yyv0. ne house Is n SIX story American hae
sntIt nreproof on lot 30xlO05 Feet II was rarti,
Buildings Department. and sold 6y him before COW,
pleuon 20 August Heckscher, who finished its erac
Iion. 1he house will be occupied by a well lro1N,
%eg-Gors family. " 0''"
A G46O00 exchange was made nv Josea, - .
sons. They traded for l. & NJ. SchlesinEer the -
Essae apartment house at the southwest corner of
Ninety-ninth-st. ard Ma6ison-ave for Tie coIn+r,,
tract OF =. Wassernaa at Far Rockawav
Asaotner Important deal was the sale by Douglas
Eoninson, Charles s. Brown e. CO. for the aefofa
OF 9ohn crosby Brown, 10 Solomon I. Kave of
a pos z00N9O feet, OF the block front on the yeet
fce ot 6Eook-sve.. between One-hundred- and fbir
IA the last week Slawson g. Hobbs Soid as
rroktiE. four large unimproved tracts in the Wasb
snston k7e1ghts district II these tracts were tonea
tney would farm a plot beginning on the north
gee of OEle-asared -snd -siXtysecOnd-st. between
the centre line OF the block bounded bv Cne-bun
dreo-ano-slIty-fOITt and ne-hundred- and-sirt,,
Ifth sts-. Broadway ana ST. Eicholas-ave