New-York tribune., 1909-04-18

mira from, snoH 10 considerably. over 100000 In
the summer months popular anchorage place lot
yachtsmen is Byram Harbor. directly south OF Rye
and southwest OF Port Chester At this point tho
New Haven Railroad turns gently toward the east
and the Boston Post Road, which up 20 THIS point
was east the roadway of the railroad runs west
of il Tho Greenwich station OF the railroad JUST
beyond Port Chester. is on land almost skirtirg the
| " ters of the Sound and from the windows OF the
railroad car may be had view Of Smith Cove
Indian Harbor and Greenwich Creek
POPULARITY OF GREENWICH
Tho fame OF Greenwich all-year residential
place and as an ideal town in which TO spend the
summer months Is well known. The value OF lts
properties is much greater than at many other Oh
the charming suburban settlements near tHis o'y'
and this is proof positive that the real estate meas
urements OF the place long ago met with the ap-
nroyal Of many persons who could afford to own
and occupy big modern houses oVeriookhs Iiie
waters the Sound and within easy access oy ran
o. trolley OF the principal business or amusement
centres OF the greater city.
Greenwich is also the first town IN Conhecucul
along the Sound. north Of this city short dis
tance beyond IS Cos Cob where many hne NlIa
plots will he found fronting on Cos Cob Haroor'
and also Riverside. which also occupies hlghiy
developed residential district bordering on Cos COD
Harbor and Greenwich cove.
Near Riverside is Sound Beach. and then comes
Stamford which is noted not only for It's large
stretches of land dotted with modern houses but
for it's manufacturing strength
To many spectators there is no realty district
with charms that sUrpass this great territory
traversed by the New Haven Railroad These
persons say that the district possesses every
natural and artificial advantage which goes to
,.,a IN the ideal suburban residential territory.
They have been largely instrumental in broaden
ing the channels for investment by nome seekers
I'm this suburban area, and have not only neen
active in the furtherance Of the building Of villas
representing many hundred thousand dollars, but
,,, the Ia wing out along best lines of big tracts
of land for improvement with homes Tor the
working masses whose hours OF labor will permit
them to live in just such suburban district In
view OF those operations with which they nave
been identified, hundreds of houses costing about
g 900 have been built and many hundreds more
costing from $500 up
HAVE CITY IMPROVEMENTS.
Moreover. these development projects have been
so planned that the greater part of the land which
has been cut up into lots in recent years and inn
proved to enlarge the residential strength OF the
various districts. has nearly all modern city I'M
provements Some Of the leading development COM
panies have offered extra inducements 10 horne
seekers to become residents of this beautiful re-
gion by the sale OF land and building on the
monthly payment plan, and in many cases the cost
of purchasing a home site by such methods is no
greater than the sum paid each month as rent in
the thckly populated districts of the greater CITY,
Nearly all of the suburban tracts which have been
transformed from vacant land into model settle
ments within the territory within recent years are
carefully restricted, and thus buyers are assured
I
There is no fear of manufacturing concerns getting
a firm foothod in sections which would seriously
affect the values OF the residential sites. There Is
also little fear OF undesirable persons becoming
owners of homes in the various districts, for moth
ing has been left undone TO protect in an able
manner the many millions of dollars which this
home building represents
So popular have become the principal sections Of
this beautiful suburban area in the summer months
that there is a rapidly growing demand for summer
homes along the Sound the city, and according
TO agents who make speciality of this class OF
renting the rental paid for the use Of houses in
the warm days of the summer is nearly equal to
that of the total obtained for such properties
from aIl-year residents. 1t is the consensus OF
opinion in realty circles mostly interested in the
DEVELOPMENT OF this ideal suburban section along
the Sound that the upbuilding of the various dis
tricts in the next years is bound be
erably greater the extent of the building work
done in the last ten years
With a score more of big construction com
panies opening up every choice parcel Of land
which they can take over, it does seem likely
that better opportunities for investing in homes
will prevail in the district few years hence than
at the present time. The vast work of changing
its suburban routes from steam electricity and
the building of the New York Connecting Railway
bridge, together with the enlargement the Har-
lem River branch of the New Haven Railroad
from a two-track line to a six-track route and
other transit projects, have already sent values
soaring throughout this entire suburban area, and
when the benefits arising from this railroad under
taking more thoroughly appreciated greater in
creases in values are expected.