New-York tribune., 1908-03-22

REALTY CHARMS OF ST. ALBANs.
49,. s-,.I bor,eseaker the great stretch q
Land extending in A southeaster1y direction from
Jamaica offers safe fald. according 70 the ma
ioritv of real experts. for lot specniaIion
( or for honnebuflding The market value OF iOlS
at St AIbans which IS rapidly growing Town
Of this district and within few miles Of the
business centre of Jamaica. is considerably
greater to-day than II was three or four years
ago. or soon after the Pennsylvania ana tH7
Long Island tunnel projects were perlecteo =
few years ago fine lots could be bought III Ihe
G. Arbans section for about $50. The day OF the
$3.50 lot has long since passed, and The average
prices now being obtained are aocutsS39e TX
perts think that II is IN the st AtoanS otstI1c'
and in the township Of Springfield that the spec
ulative builder OF houses renting from szo 70
$40 a month will be most active next year. II
not in the coming season 1t Is the cneapness
Of the land here. the natural charms or the oIS-
trfct and the many plans for improving TIE
fra sit facilities between the town and New
York that appeals especially 70 the speculative
h-,f1der II the price of lots was twice what II
Is now the district would attract such builders
II is likely that speculative building operations
will enhance values 70 the s'oo marx II '-.7
near future When that price prevails the small
huver who several years ago purchased a plot
Of four or more lots will be able TO dispose OF
the greater part Of his plottage at sum "hlcn
will net him a handsome prodt and VIII permit
him K he desires 70 improve the lot or lots ne
Ct AIbaus and Springfield and the many -four
ishng sections near Jamaica are all 70 De oene-
fted by the big transit undertakings being car
rfed out by the Pennsylvania and the Long ISL
and Railroad
/ The PannsvIvania road f. to furnish the great
artery connecting this section with the other great
trunk lines entering New York. and the Long
Island road will the vehicle for taxing care OF
/ local traffic between those towns and Mammalian
Island The Pennsylvania. under the franchise II
obtained from the city 10 build four t1nnel-t
connecting Long Island and Manhattan Island.
and for two tunnel tubes extending under tl7
Hudson River from Manhattan Island 10 tie deI-
sew shore Will not have the right TO GO a IecsA
,sssenger business but the tunnel franchise pro-
vides the Long Island Railroad with the means 20
undertake and carry rapid transit tunnel
line between Jamaica and the centre OF Manhattan
Island in a manner which will be, IL Is tnougH-
entirely satisfactory 70 the vast numbers or per-
sons who are planning 70 become residents OF that
s+retch sof land in and about jamaica II will be
possible when the Pennsylvania tubes are N opera
ton, which will be IN the near future, 10 rloe
from Jamaica to the heart OF the leading retalL
and shopping centre OF Manhattan Island safely
and quickly The plan which will go into effect
on the FTatbush avenue division OF the Long
Island Railroad IN May furnishes an idea az 70
what prospective honeseekers IN Jamaica ana
] adjacent sections are to obtain IN the way or
transit facilities IN the near future The Long
Island Railroad plans trains so that there
will be no long waiting IN stations and the jour
ney between places may be made as quickly as
electric trains be operated. whenever the
traffic Demands II the schedule Of night trains is
20 be extended so that there may be trains run
ming between FIatbush avenue station and ia
n1aica IN the early hours Of the morning These
great tunnel projects represent outlay OF about
soOea00 and that fact alone shows, IN forceful
way what the Pennsylvania and the Long Island
Railroad officials think or the future Of Jamaica
and other sections be benefited by these under
takings-