The sun., 1908-11-15
Raranzh OF Queens.

| The Riceert-Finlay Realty Company an
nounces that IL has decided 70 go into the
basis which is In some respects original
f., J. RicEert. president OF the company
in explanation OF the change Of policy said
self strictly to the development and sale
OF high grade residence properties. leaving
building operations entirely in the hands
OF contractors and builders. That ar
rangement has not been satisfactory either
| to our customers or to ourselves. Builders
are OF course in the business to make money
Of or" constrmction' ON % cost Of materials, &C.
has usually paid high price Tor his home
and having little or no guarantee OF Its
or less trouble and disappointment. Not
| only has this policy brought about unsatis-
factory results to the owner, but 1t has re.
houses that were not in harmony with the
| high grade development OF our properties
| in other respects.
! in the interests OF our purchasers and the
/ company, to deyiate from our previous
policy and do the building ourselves. not
not desire to make any profit whatever
on the obstruction OF houses. but'to enable
orr purchasers to secure better and more
desirable homes at less cost and TO enable
us 10 control in a measure the character
OF the houses TO be erected on our proper
ties. 10 make this possible we will buy
all our materials in large quantities for cash
direct from the manufacturers or jobters
employ our own architects, prepare our
own plans, do the building ourselves and
turn over to the purchaser a completes
house at the actual cost OF construction
eliminating the usual profits OF the eon;,
Fluhing and will erect ot hers In Douglas
Manor and Westmoreland. These houses
when completed will he sold at actual cost
We will rely for profit solely upon the en-
hancement in value to our properties GER.
tain to follow the erection OF the kind OF
houses we will build.
guaranteed as TO material and workman.
ship, and in our building operations we will
establish and maintain the same high stand
ard that has always DISTINGUISHED the de-
velopment OF our properties In other re.
spects."
adamizing OF Malba drive from the Mslbs
dock at Powells Cove TO Eighteenth street
and the depression and parking Of that
Long Island Railroad. New contracts for
street improvements costing $1,000 have
been let and work on these win be begun
Ii ghteenth street and Malba drive, the
main land entrance TO the property, have
been set and the planting OF hardy shrubs
and 500 trees was completed this week.
Public Hearing on the Inside Waterway
A public hearing was held at Freepor,
on Wednesday by the Board Of Engineer
| for Rivers and Harbors. which has beer
directed by Congress to reconsider It's re,
cent adverse report on the proposed inside
waterway along the south shore Of Ions
Island, Representatives OF allied boardt
OF trade submitted statistics showing thai
more than 200, 900 tons OF freight IN handled
each year In Freeport alone and that about
1000 tons 10 carried by water. More
could be carried by water were It not fol
lack OF proper navigation. Nassau county
with q population OF about 100, 600. carrie.
about 100000 tons Of freight a year by
Sbosf and ran and sgols s,s county vii
tons q year. Kings, Queens, Nassau and
STholk counties combined. or In brief
al, OF Long Island; have population Of
handle between three and four million
| tons A year