New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-04-26

--.. .-e ,-o,at,v few sections in Brooklyn
which offer as many opportunities 10 pIospeo'i'e
homeseekers with & small capital as Ihal lotA
nv TnionviIle. Union Course. NoodhaVeh' MOTIFS
E5a-l. and Richmond Hill. Those who have kept IN
touch with building and purchasing movements al
Frooklvn III the last FIVE years kho" lhat 'i4ei'
have been great changes for the better III INC
r,;ldine strength OF that part Of the borough ana
that values have risen considerably there III recent
years Owing TO the recent extensive development
Of the district the realty student however nat
urav expects TO find values IN the district Hiueii
greater than they are, but the increase III 'lIe
n-ice of houses in the last FIVE years. Wheh COM
pared to Increased values in less attractive
in that period, indeed remarkably small 1t Is
principally due TO that fact that Inc sectoh = oi
of the most enhancing TO the investor VINO Is id3
seeing enough to measure correctly the realty value
Of the various rapid transit projects ana OF liie
tridres being built across the East River FINE
lots are TO be purchased in the district at lS i0
6av for from $500 up and on easy terms Many OF
these lots front streets nicely macadanlzea anu
having many other city improvements
While this district has been for some years par
tcularly alluring to large numbers of small build
ers and investors the almost countess opIoi '""
ties there for realty investments have not peel
clearly seen until recently by big spectators
and investors prominent in the trading IN Mammal
tan ana The Bronx. 1t is likely that they did not
souarely look at conditions in the district ultll
lately because many things having an important
bearing realtg progress nave oceufteu I'D INC
Hast fye wears il has taken the brightest Head
ers a long time to understand thoroughly their
rrohable effect on Manhattan and The Bronx mar
ket-
Navle if the tunnels between Manhattan Island and
New Jersey had not been built this prosperous part
of Long Island with its long stretch OF level laho
dotted with rows of modern houses, occupying
large plots Of ground and facing well Kept roads
and tr;tversed by many fine surface INES, Would
have long this been the scene or one OF te
greatest purchasing and building movements IN the
history OF Long Island. The plans of the HUDSON
g. Manhattan and the Pennsylvania railroads 10
link Manhattan Island TO New Jersey, together
with the projects of the New Haven and the Penn
svlvania railroads 10 weld Long Island TO the
Timer Bronx by the New York Connecting halfway
system added to the realty strength OF huhoreos
of New Jersey towns and places in North New
York and at the time il increased the reaitE
strength of this part of Long Island. In conse-
ouence large numbers OF Manhattan builders and
snenllators hastened 10 become more active IN
old speculative zones with new garb in Manhat-
tan and The Bronx There they remained I'M
usually busy until last fall when their attention
nae once again directed to Long Island fields
nv the completion of the subway TO Borough Han,
tsronklvn Since then many have been carelully
studying realty opportunities on Long lslano' ana
=. a result q large number OF them consider that