New-York tribune., 1908-10-25
c. BLOOMINGDALE,

come valuable assets the realty of the city
The patrons OF these houses it is said, are mainly
residents OF the great apartment house and hotel
district of the West Side north of 5sth Each
new addition TO the residence district means an
extension q tho region which these theatres can
rely for their support
NEW RESTAURANTS NEEDED.
It is to the theatre districts of which Times
Square is part that the majority of daily
visitors g. and as the wholesale houses expand
along their present lines viii the number of
daily visitors the city increase. The change of
methods in conducting the business of wholesale
houses IS also reflected in the prosperity Of the large
number Of high class restaurants which have been
opened in tie midtown centres in recent years Ac
cording realty leader, New York is not
only the greatest wholesale distributing OF
this cs5ntry and the foremost theatrical centre but
Of the most alluTing places 10 the experienced
restaurant proprietor and manager. In tie fall
and The spring seasons. when the visiting army
Of merchants IS considerably larger than at any
other time OF the year persons desiring dine at
the popular restaurants must have tables reserved
for them several hours in advance Of the time
chosen for dining. 4 casual glance at the great
number OF high class restaurants scattered through
out this city might give the impression that dining
accommodations ample TO meet all the possible
demands in the next five years But visit to any
the popular restaurants before or after the the
atres are "out'' will at reveal the fact that
there is golden opportunity awaiting one or more
as restaurants catering almost exclusively to the
daily visitor.
VALUE OF TRANSIT FACILITIES.
At d recent meeting of the realty school of the
West Side Young Mems Christian Association Jo-
seph l. Euttenweser was asked II the vast projects
being carried improve the transit facilities OF
the great suburban regions would not seriously affect
the business nd theatrical centres Of the greater
ci,v. He told his questioner that the wideawake
srec1lator never overlooked the fact in the deter
nination Of real estate values on Manhattan Island
that the railroad and other lines which carried
thousands Of persons daily from this city to the
suburban region in a comfortable quick and safe
NV could bring them back just as easily. COM
o-tab,- and safely and that the greater the subur
han area OF the city the greater would be the bust
ness and other centres Of Manhattan Island IN
tsr words each railroad and surface line travers-
ing suburban regions formed link In the chain o1
.b. ,salf,- strength Of the New York market.
Mr. Buttenwieser also said that, Notwithstanding
the fact that Of operators. spectators or
Investors who had been in one or more ways
workers in the great transformation which had
taken place IN this city in the last decade were
amazed at the grandeur and brillancy of their /
achievements when looked at as a whole and were
wandering If they could be duplicated on greater
scale they would probably i've TO see the results OF
their efforts look small TO the work accomplished
nv the present day school OF realty leaders There
are greater opportunities for safe investment and
speculation in this city than ever before said
the and all these opportunities VIII result
+, The lnbuiding the old and new residence dis
tricte in a better manner than In the past
BIG SALES OF THE WEEK.
In the week just ended market was found for a
ergo number OF centrally situated sites. One Of
he principal transactions was the sale by Parish,
T-tsbar 4, Co and Henry VI. We'll for the George
Robinson Construction Company Of the st George
syartrnents a seven story elevator building, on a
40. 90 feet on south side OF 5Oth street, 22S
60 y.st Of Broadway The property held at
s575 oo0 In the upper Fifth avenue residence dis
-, Frederick T. Barry found buyer for fine
,lot He sold TO Hiram {. Bloomingdaie the prem
- No Il East 80th street four story dwelling
,1o,se on a lot 2osI02.2 feet. for Michael Hyman.
H. Rloorningdale is a member Of the retail dry
,d. firm of Bloomingdale Brothers. He will erect
= ~. site a six story American basement dwelling
house for his own occupancy
10 The central Fifth retail shopping dis
+ft $4,000 deal was perfected. it the sale
. .r.cker Speyers s. 60. for the estate OF Isabella
,1i,s If the premises No $50 Fifth avenue. a four
-, and basement dwelling house, a lot 25xIcD
- -rre premises % feet north Of 45th street
rt ,,,,nertv was sold in 1913 for 800 and 1868
-,. ss. oos The buyer Is a business man. who Viii