The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-04-23
BROOKLYN REAL ESTATE BOON
Continued from Ninth Poos.

meut Company IN Gowanus Canal. Twice
the number OF leases have been made this
year as we're made last year
In the section between Prospect Park
and the ocean, II h estimated, 1000 lots
wore purchased last year for Improvement.
Many Of them were on Ocean Parkway,
a boulevard which cost over 5000 200 TO
build. or $500 for every twenty feet. II
has for IT, terminals Prospect Park and the
resorts on the ocean. Il IA 2iO feet wide
with speedway OF over 100 feet, cycle
and motor patti on Zach side, bride path,
and a road for heavy trucks. The paths
are separated by rows Of trees, six rows In
all The original purpose Of tho driveway
was TO reach tho oean resorts. Al the time
Of IL construction II went through nothing
but farms which we're considered a con-
siderable distance in the country. Al
present Il Is rapidly being built up with
Dyker Heigkts Is a restricted residential
SECTION on one OF the highest points on
Long Island. II commands a delightful
view Of tho Lower Bay. Dyker Meadows
Park skirts it on the south, Dyke Heights
Is laid out in villa sitcs, every house being
detached and having plenty OF ground.
TIE prope rty l. reached by trolley and
elevated lines, 20 which will presently he
added the Fort Hamilton subway. The
Papii Transit Commission Is committed
a. the building OF that subway first Of all
the new Brooklyn lines.
The active realty movement in Brooklyn
Is not confined 10 the southCrly part Of
the borough, however. For several years
pr,u.rty In the older section was depressed
On account Of the comp ttion resulting
from tNe on ming up Of the ne gion below
prosu. q Park, The situation has now
chang, d and the demand for housing Is
felt throughout practically the entire
borough. Rents are rising there and In
Manhattan and there Is a scarcity OF apart
rnFUts 10 lot.
According to a well known broker. his
rst Of vacant flats for the Heights contains
but thirteen entries among which the
lowest annual rental Il $50, the highest
A. 800 Tho ame list specifies but twenty
Ave for the Park SLOPE, with only four OF
the-a oltainahe at less than S25 per month;
one il ted at $50, one at S35, and all the
Others higher For the st. Marks section
hir are listed, and prcec az rom
So To $50 and for the Bedford section four,
al from $50 TO 500. One may walk for
miles without seeing a TO let sign.
There ia a tremendous boom in Browns
vile. Williamsburg and East New York
The opening OF the Williamsburg brldge
Is rapidy transforming the adjacent part
Of Brooklyn into a great Jewish colony
second only 10 that in the lower East Side
of Manhattan. Brownsville lots, which
recently sold at 500 TO $500, are bringing
81 500 TO s. .OOO. Farm land Is being con-
verted into sites for stores, fats and
dwellings, and what was a region Of market
gardens a year or two ago is now popu-
lous town.
The present Brooklyn subway is. Of course,
an important factor In current buying
and selling Before II Is completed its
influence will be supplemented by the
speculative effect Of other subway lines.
Indeed, much Of the recent activity In
South Brooklyn Is traceable 10 the proposed
rapid transit line in Fourth avenue. The
new routes proposed by the Rapid Transit
commission are:
Route beginning at Broadway and
Fulton street, in the borough OF Brooklyn,
thence a four track subway through Broad
way to the Brooklyn terminus Of the
Williamsburg Bridge, thence crossing the
Williamsburg Bridge TO Delaney street in
the borough Of Manhattan, thence a four
track subway through Delaney street and
Delaney street extended and private
property TO Centre street, through Centre
street TO the proposed new terminal OF the
Brooklyn Bridge, with spur Of two tracks
In Walker and Canal streets 70 connect with
and cross the Manhattan Bridge; also a
0osstown spur through private property
and Grand street, through private property
and Desbrosses street to West street at
Desbrosses street ferTyi also from Brook
track subway 10 Beekman street; also two
track subway from Broadway and Gates
avenue in the borough Of Brooklyn, through
Gates avenue 20 Bedford avenue, through
Bedford avenue 10 Lafayette avenue,
through LAFAYETTE avenue TO Fulton street.
Route 2-Beginning at Broadway and
Union avenue. In the borough Of Brooklyn,
thence through Union avenue and North
Seventh street and through tunnel and
under East River TO Fourteenth street In
the borough Of Manhattan, TO connection
with route s on Fourteenth street, between
Avenues B and c.
Route SIN Fourth avenue. A four
track subway through Fourth avenue from
Atlantic avenue to Fiftieth street.
Route = Eastern Parkway. A two
track subway from Circle at Flatbush
avenue through Eastern Parkway and Pitkin
avenue and private property 20 Georgia
avenue, thence through Georgia avenue
and private property to Broadway at Fulton
street.
Route Sin Jamaica avenue, begin
ming at junction Of Broadway and Fulton
street and Jamaica avenue, thence four
track subway through Jamaica avenue
10 Jamaica.