New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-11-25
REALTY MANAGEMENT
DrrTIES OF An AGENT.
n Hess Tells Vest Side School
Ho5c 70 Take Care of Bust
ness Parcels.

,s- y Hess. cf TIRE real estate firm Of NJ &
less smoke last night OF The Management Of
-x,sss Property" before the West size foung
80 Christian Association realty school al No
- z-ssr str street In the upbGi3ding Of the great
ss.ou-r ion centres Mr. Hess has been prominent
= -,s7x wears He has been especially active in
--srtsrE % those scores Of leading builders
=. .sxe helped place the districts on higher
"a s-~orz ger investment basis. He is as conversant
-, .s-s business centres which are best suited for
-.-f-ssfs concerns IS Robert E. Bowling is with
.T-ss and conditions III the great West Side north
. o. street or Charles Gri11th Moses is with
,rs-a-fcns or Washington Heights and in the Dyck-
= sections. and the outlook there He il as
,.,,sr-1z acquainted with the needs Of the manu-
+-fnF houses q the greater city as regards mod
= rugfinzs etc. as Frederick johnson. Robert
: simon Henry Eoreenthzu- Jacob Leitner and
: clarence Davies with the trend OF affairs
+, ne rarlcus districts forming the Borough OF
RE Bronx
TaE DUTIES or AN AGENT
--s-e vas large number nf persons well knoRn
= various branches Of the real estate market pres
80 Eze-vbO5y was well repaid Cor his visit
70 rhe school M Hess. In describing the
-tfs- 5ufies II uP-to-date agent Of business
p-oper-y covered most OF the important phases Of
thsr subject He even showed how the business
- such realty agents had undergone remarkable
-hsnze. and result Of that change higher
azsEfcs lions uere necessary successfully u man
AZ business properties than twenty-five years ago
-
re vhlch required little attention from agents
me z7~k Of caring Tor usually fell - the lot
~ he tenants Few Or the buildings hao modern
elevator service. e5the- Tor passenger Or freight
aSs the plumbing system vas n most cases
,-----s--e5 s7d tes1 furnished ny means
= 49,. z---ae ~ each H-o-. which were kept
10 o-=a- h, ne various occupants on those
-oo~s n some cases ire tenants even saw 70 the
Hrfnr NJ help and Tho principal "oFA q tAe agent
zzs f-s- ~ ease the various OTIS and then 10
collect the rent
p -. IS -Ee average business building was
,g1 more nan I've stories high. its frontage
-4o-s than tHcnry-+ire feet and the space il az
---5ed FOR business purposes vas usually entirely
,-----ie7 r. one OF tao tenants The modern loft
~ business building was from ten to fourteen
----es -lzh and furnished many problems which
-so-i-e5 resl estate agent e. solve them The
80 aest service as regards help vas demanded
=-ez-- rezr PLENTY - Iiz7t and air. mai chutes-
a. = Nc plumbing system and many other things
z----- --rere6 into the character ~ completely
-ose-- structure had 20 n furnished b5 the owner
s-E --z-r--ined ~ his expense under the personal
s-1s---z-on O the -esl estate agent.
NEEDS oF BUSINESS HOUSES STUDIED
--s-e rzs also mere competition. toe. he said.
~ e-- -z- reason tenants moved oftz-er and. II
~-zs- KEEP building fully occupied. II vas nee
zss- thar = measure u 70 ne very best standard
b. Found n the mos attractive business centres
wing p -r- changes which have taken place IS
: -ss--- r -hz crearlon of great modern business
81. -1e --zzsEsDe-t If suCh properties employed a
z-zz s-z~ - persons hose 11t- il 70 canvass
"a business houses for possible tenants OF build
ms managed ~ ta= firm which employed them. IS
I'll. --=se solicitors kept IN touch with between
- and Er-=al thousand manufacturing concerns.
-s-d -lzz setting Iort1 --e leases he'd ~ the
rs and -h=5- probable future needs
-e-zs1 used -0 En~w when arl what 70 oTer prob
sts r=-ar-z p the lse - such method the
reeds Of -os- q the jobbing and manufacturing
---s-s -=-r known some months ahead, and in
-e--a-r -sz=s a org tina A. advance ~ TIE DAY
49, re houses Ec-56 SEX u obtain what they
v---e6 ether words. - perfect plans for
-r--s &c Iz-gc- ard mora Cor1r-odiol1s quarters
" further SAID "I- Is not only required
= real es-z-e agents who make speciality Of
Business property 70 so-icir tenants and 70 keep
r-e --r-r-~-es vel -e1a1reG and in good orde-.
1-- ne must be close students and good Judges
= conditions -htch may result II --a1sfo-ra-
-.r- r. ere business uses in he centres in which
-her are active The n1csr also make thorough
sr15- - re needs - large numbers 4 not al
= re rz-tous ;ob5inz ard r-anufa curing estah-
.sn-s--s For II Al agent does not know what
---=--z would most suitable 70 such con
e-rs nav pace them wnere they viii not
~ ---sre5 ~ where they may cause annoy
z--e n ---e- concerns engaged II ether Tines OF
Business
81 LOVER FIFTH AVENUE DISTRICT
IN me Hozrrr Fifth avenue section viii he found
scores o. large importing houses which mainly &C
ne Leze- lofts o. ne building IN The upper
z-1--zz vlf - found manufacturer OF c-oaks and
---e- wearing apparel The importers are able 10
Ia -5-re~ rentals nan -nanufa -tIrers % cloaks
s-5 -s-v other kinds II goods. and therefore
v-=- Demands OF --e importers increase they Wi1
---- -r ~-re- sections rh- manufacturers of coakS