New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-31

at least fifteen minutes every evening. and
often he stands half an hour when he boards a
train at SD 42d street. The Long Islander
never knows what it means to stand in rail-
way train
Il speaking of actual conditions as
they exist to-day l would not like to predict
what those conditions will be a year hence for
people would think. If they had not studied the
subject have. that / was simply deceived
myself trying 20 deceive others. In the first
place. who have investigated this problem
deeply start with the belief that the central
part Of Manhattan Island say from river to
river, between 2:}d and 59th streets is bound
to increase It's day population enormously in the
next five years.
Every day we see evidences of this all
around us in the removal of residences to
make room for business buildings, great and
small Most Long Islanders will talk to YOU
about the tunnels and bridges and omit the
fundamental. that our tunnels and bridges start
from the right spot in this borough. Saith. 42d|
Even now as / have said we can take the
business man Of this section 20 a home on the
North Shore more quickly and far more COM
fOrtably than he could go 10 Harlem The
Bronx; but when we have our six sets OF rails
under the East River. and our eight tracks over
the BlackwelIs Island bridge the coTnDarison
will he greatly in favor that property in
Queens Borough Is bound to rise I'm price at
least TO the levels found on Washington Heights
and in The Bronx.
These are some of the reasons for our large
investments along the north shore of Long ISL
and. Believing that the district is destined in
a short time 10 house population of at least
treble what il contains and to become
more and more valuable as time goes on we
have not hesitated 20 spend great sums of
money, not only in purchasing tracts OF land
but also in improving them and making them
ready to accommodate the kind of people that
Will. we feel sure come 10 live there; the kind
in fact. that have been coming there steadily in
the last two years.
Our property at Douglas Manor as is well
known. snapped up the moment il was
placed the market. The story is being re-
Peated at Broadway Flushing and we feel sure
that WeStmOreand, whore the Little Neck
CLAIMS come from, will meet the same kind Of a
reception. As to paving. sidewalks light sewer
age. curbing and all that sort OF thing we treat
all our propositions alike. we do not sell and we
never shall sell. man lot that he cannot build
home When he builds that home he in
creases the value of all the rest of our land and
of all tho land in the nelghborhood that we have
sold to customers.
Just at present we are particularly inter-
ested In our property at East River Heights
opposite 96th street. Manhattan. We have a
big tract there, adjoining the largest and by far
the finest park I'm Queens Borough, the land for
which the city is buying from us This cannot
be called n suburban development and il will
undoubtedly be built. UP In a few years very
much in the same way as the part OF Manhattan
which II faces. Long Island City Is already
growing into a manufacturing centre and that
fact determines the character of the housings in
its immediate vicinity The BlackwelPs Island
Bridge. moreover. will make all this territory