New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-18

he used FOR business purposes. The business
lots Of most tracts offered for sale are often
held by the owner OF the tract. When the tract
is built up he controls the business streets Of
the settlement. and usually uses his power in a
way not pleasing to the owners of home plots.
The realty progress Of many places has been re-
tarded because one person controlled the bust
ness plots Of the town.
DO not improve your plot until you can do so
without mortgaging your property too heavily
Do not buy outside Of the boom centres Of
the island unless you have had considerable real
estate experience.
Carefully study real values.
Keep close To the transit lines.
And above all DO not buy unless you can
sell at an advance, if YOU desire within a rea-
sonable time. These are some Of the principal
points 70 be remembered by any one who desires
70 buy prOhtably Long Island real estate.
The boom centres Of Long Island are not we'll
defined. according 10 some real estate brokers.
Property i'm every section Of the island is in
great demand they say and in some sections
scrub oak acreage. which could have been bought
bout a year 70 for S6 or less an acre Is now
selling al double that sum. Scrub oak acreage
may be valuable 70 the big operator, but at the
present time il is Improbable land 10 the small
D-t q, OF me niue buyer the following towns
are the most aHurIng and safest speculative
places within the boom centres.
Wooahaven Junction Morris Park. Richmond
Hi, Jamaica, St Adams, Springfield RosedaIe.
valley Stream, LynbrOOk Rockville Centre.
Baldwin, Freeport, Nerrick Bellmore, Wantagh,
Seatord. NasSapequa, Amityville COpague,
Llnoenhurst Babylon, Bayshore. Islip. Hollis.
interstate Park, Queens, Belerose Floral Park,
New-Hyde Park. Nineola. WestbUry, Eicksville,
central Park, Earmingdale Hampstead. Garden
city, Wess Hampstead, Hampstead Gardens.
LakeYieW. Norwood. Aqueduct. Hewlett, Wood
mere, CedarhurGL Lawrence. Far ROckaWaE.
EdgemcTc, Arverue. Syosscr, Cold Spring Hunt
iugtOu. Cireenlawu NorthUOrt Kings park
East WilhstOn. AbertSon. Roslyn, North Ros-
lyn' PreenNale, Glen Head. Sea Cliff. Glen Cove.
Nassau. Locust Valley. Mill Neck oyster Bay.
M"ouslde. winfield. Elmhurst Corona, Flush
ing. College Point milestone Whitestone
daeas @ 2yck ap d@i %e Baysd
and Port Washington. A glance at a map Of
Long Island Will show the distance Of these
places from Long Island CITY or Brooklyn.
These towns in the boom centres are easily
reached by the Long Island Railroad and If q
prospective little buyer begins tour of tho
- l1IoI al an early hour to-day he Will be able
20 cover IN n lelsureiy manner large part Of
inc district 70 be trayersed. OF course he must
study he lay Of the land and try to get a faint
utd OF the realty chances Of the different places
as he gazes out OF the car window Rv deyotiug
liiTee days or the next two weeks to travelling
through the remaining section of the district
named he viii have seen in a hasty manner
great part Of the most promising section of
Long island from real estate point OF view
IN the mean time he should have obtained All
inc reading matter issued by the various realty
sNHaIcates describing their realty wares and
nave ihumbed them carefully. The pamphlets
t ~ sIoW nm mat the asking prices for lots
pti"een Bayshore and Long Island CITY range
l.olh 50 I" HI''uo. Some Of the pamphlets will
g I'M many peTpleXlng moments He viii
mo oliferent syndicates owning adjacent lands
one asking Sl''o lot and the other S225 to $500
d IOt. The market value Of the propertv Or
ItFed at 500 lot is nearer the real worth ~
tne land than the higher asking price i'm
1Mei''y cases out Of twentv-oue. In some
SLII cases however the cheaper property is
go At any price, as II is sWampland The little
ouSeI should think twice before buving I'm any
SegCLon partly built up which is likely to be
LiLPI oNeu unless the streets have been laid out
- ne sewer ana water mains put in II the
plDpeI'y mas no improvements and may be as
sesSed Tor such Improvements by the CITY I'm INC
near future, the little buyer would he acting
SlSeIy py IeaVing the property 10 be developed
Uy olher persons City assessments for LAYING
sewers water mains. opening, curbing and grad
ilS streets nave been j too heavy stra in for
many Htue buyers, and the property was sold
DSSause they were unable to hold IT, An owner
OF Tour lots In the boom section az Raw ridge
was recently assessed by the city for certain
improvements $500. There are no fixed rates
LOT such improvements made BY the CITY But
Gle niue D'fyer should be ready 10 meet such
assessment provided he buys in an uudeveloDed
"a, uIoush which streets likely to be cut
IN uae near future BY putting 81 a month aside
Tor one year he is likely to b. able to nav an
assessment OF this kind when Il falls due one
or the safest and the best WAYS for the little
buyer 70 buy quickly and prohtably IS Ia Dur-
chase plot within the city limits from one OF
the big operating syndicates which have alread yJ
spent considerable money in cutting streets
through the tract, and in curbing grading and
laying sewers and water mains
Inc easterly limits OF the city are not long
Instance from Jamaica and II the little buyer
- 10y financially strong enough 70 meet any
Q possible clty assessment he should connne his
teaiy operation TO some tract which pleases his
fancy. which is close to the city limits and
! winch forms = part Of one of the many pros