New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-10-12

said for a larger house. and for that reason his
Fifth avenue plot was enlarged by the purchase
of the adjoining parcel in the rear and fronting
in seth street. On the combined parcels a house
to suit the needs of Mr. Duke will be erected.
II is expected be ready for occupancy next
wear There is going 10 be considerable building
Of fine houses in the upper Fifth avenue residential
zone next year and several Of the projects already
MANNED for sites there will compare favorabIy
with the most important work which has been
done in that section in recent years. H. c. Frick
is going to have q house built for his own occu-
pancy which will occupy the greater part Of a
block The details Of his project made public
early this wear and call for the Improvement Of
the entire block front in Fifth from 10th
TO list street which stood for many years
the old home Of the Lenox Library, with house
TO cost nearly 100000
The trading in the week also reflected a good
demand for properties in the West Side north of
59th street. The West Side market has been so
vigorous this year IN spite of financial disturbances
IN 1907 and the difficulty experienced early IN the
spring by many builders and operators to get sat
fsfactory loans majority Of realty leaders
are looking forward to a widespread purchasing
movement in the newer apartment house areas OF
this enhancing residential Some Of the real
" leaders expressed the opinion in week that
next big purchasing movement would result in
great transformation in the Dyckman section, and
they are predicting building operations in that
section next year which in volume and
CARDS the sums involved Will not only surprise
g
record magnitude.
Such q purchasing and building movement IN the
Dycknan section would practically add millions
realty strength OF the greater city. and would
result in providing attractive homes IN beautiful
section for thousands of residents Of this city
The development Of the Dyckman district along its
present lines really dates back 70 the formulation
OF the plans for the building Of the Broadway spur
OF the subway. Just prior 70 the opening of the
subway many individuals and syndicates became
h14r-a ~, hat hen lars
OF vacant land there have been improved with
apartment houses 1t Is true that many persons
who were attracted this district 1902 and 1903
and also in 1904 when the subway was opened and
who became active there builders. were respon-
sibe for the erection Of many poorly constructed
apartment houses. In fact, many houses were so
poorly built that it will take large sums OF money
TO make them alluring 70 shrewd investors and
until they interioriy improved they will not be
good rentable properties The work that those
persons did IN the years mentioned IS not likely
to repeated in the district again in the DAYS OF
the present realty leaders for all efforts now d.
rested toward the transformation Of this beauti-
full section Of the city so It be worthy annex
of the older residential districts Of the great West
side. In a few years the Dyckman district will be
almost entirely dotted with fine apartment houses
and here and there with OF modern dwelling
houses, and when that day arrives there will not
be a large vacant land section on Manhattan Isl
and.
So rapidly is the work of Transforming the I'M
improved zones in the upper sections being carried
out that builders and operators already begin
ming 10 talk about what could be done in going
hack to the older residential or the city and
replacing old structures there with modern houses
Some builders are of the opinion that old Green |
witch Village might prove a profitable field for |
their activities and with a little encouragement |
such builders would likely venture the |
soundness of their views this important subject
There is no talk OF building such high class apart
ment houses in the Greenwich Village zones
occupy large sites IN the great West Side, bur |