New-York tribune., 1909-06-06

frequently said that there IS enough ground within
The limits o. thu borough 70 house in a comfort
able manner the present population the city and
many more million persons In territory OF such
magnitude such realty project the EeveloCuenc
q i've or more blocks seldom attracts the attention
due n the merit of the work and that Is the
main reason that the big building undertakings
n The borough IN recent years have not appeared
70 make great changes in the skyIues of the dis
t--ors there Truly the borough Is Ike new
region recently invaded by the small and big
SPECTATORS and builders Of the local market It's
ha-rerness is one of irs stellar factors in IS
realty measurements. because the invaders will not
have % surrno--H- .usta--es ike rows Of old and
sl6stantial dwelling houses tn order 20 shape the
cEarac-e--sIilS a- 1ne-r centres Of operations ac
.c7r5ils TO their own ideas and in a manner most
profitable. After studying closely the development
q The various districts OF the greater city noted
Cor their residential charms or business stability
cue IS inclined the opinion -har Father Time
has held Tor the present day school Of builders
a. WORK ~ changing. or. rather bringing up The
Borough Of Queens 70 the high realty plane for
which nature has frted IT,
FAVORABLE TINE FOR BUILDING.
Never lr the history of the realty market was
there better zine for making these changes and
1e- the within the limits of r-e borough
q ual-z curing zones which iu sz= and cost viii
equzl II not sUrpass many of the factory centres
which for years have been feature Of the growth
q The Bronx Never IN The time Of the old school
q operators cr in the days os the present ones
were al tho necessary factors which make for
Tie greatness ~ section SO nicely aligned IS
those which enter into The conditions governing
The progress of thls great borough.
The local market Is entering upon a new era
q great prosperity Before this era IS ended
wonderful t-aust0rTlz tLl-s win have taken pIacs
in The physical characteristics In not one but many
OF the principal residential business and arnuse-
ent centres O. the greater city and in the course
q this period spectacular realty activity viii mark
tle development OF every district which forms 4
Tar- of the Borough of Queens. often while ex-
aiming The achievements which marked the up
building Of Manhattan and The Bronx has the
novice u realty matters wished that he had ma d.,
his ertry .nto the local realty market may years
ago e time in the SOS when the great West
Side was being rapidly enlarged and vhe. ever.
site lu tlat charming TERRITORY meant another
opportunity fu- ne shrevd investor And the
more he studies these things the more he 5ouhrs
that there wHi ever be an enlargement Of tie
downtown business zones by structures which will
equal IN grandeur and cost the commercial sky
Ec-apers which now rise TO record heights there.
OF that larger apartment houses than tle Apthoru
and tie Belrord VIII De built. With such thoughts
perrleZlnE His mind his burdens of doubt regard
ing realty achievements usually increase and lie
inClues to tie opinion that the highest type of
apartment hotel Was attained when the Ausonil
ins even nook and corner'f the great real estate
market and having learnsd i-s lessons fully and
rr7dtzbly b- years - eS-1erience look upon the
task which thev have performed and which has
7sdounded SO creditsbly 90 The city as i their
Eurk was like that OF an exneriueuter and
what they have done Is oniy The stepping stone 10
greater archIteetral fears fn the carrying out ot
projects for adding 70 the business and residential
zones of The greater city
Robert J. Dow-iuE. who occupies the highest
pinnacle of fame In the real estate market. said
recently ia speaking about probable future realty
projects that De wished he was numbered a-ror,-
the beginners. instead q among those who ve5.
old IL wears OF experience in The market we
o ttee present day school be said .'ss regards
building 1eatz and the magnitude of investment
purchases are going 20 be outdistanced bv those
who are now entering the market When you talk
q orI.ortU1lticz there are moro iu front Of me
than j have passed"
SOME RECORD ACHIEVEMENTS.
Views Of a somewhat similar nature were voiced
by II. Dowling about four years ago az a meet
ing held the West side Young Mems Christian
Association which present nearly ali the bi.,
real estate leaders Of tine greater city The great
events thar have happened in tue real estate market
since fhen vel known wherever property own
ers brokers and others identified with the market
meet The Metropolitan Building the highest in
the world. been built. The Singer Building.
second ia ard size has been enlarged so as 10
reach SIS present altitude. The Cortlaudt and the
Fulton buildings have replaced on the westerly
block fronts ia Church street. from CoItlandt 10
Fditoa street. lhz rorss of o!d-fashiuued store
buildings which stood there for many years The
'-ortandt and the Fulton buildings are the largest
tunne terminal buildings in the world The City
Investing Building. ~ Cortandt street and Broad
way. the record structure regards floor area has
also been built since that time. The West Street
Building. erected - q company Of wfi-n General
Howard Carroll was president and which is the
largest Office building ever projected for a site in
-a1 tacroughfa-e Is another one Of the big struct-