New-York tribune., 1909-04-18
PEEKSKlLL VALUES ATTRACT
PRICES FOR FINE RESIDENTIAL SITES THERE ARE
FROM 81 900 TO $780,
Cost of Land in the Various Business Zone
the TO5Cn.

One OF the most fourishing and charming towns
IN the eastery section OF the Hudson River Valley
zone is Peekskill. The town is located on series
Of beautiful terraces, which rise abruptly from the
waters edge and extend for mile in an east
erly direction. The main business centre OF the
place is some distance east Of the station and is
practically the physical centre Of that thriving city
Southeast Of the station is the Washington Park
district which comprises a newer residential zone
of the town One of the main business thorough
fares leads from the station and after surmounng
large number Of terraces forms intersections with
several Of the principal business cross streets In
crcl.ng the chief business zones on the northeast
and southeast are more charming residential dis
t-icts one OF them being known as the Nelson ave
nus section, which, as regards cost OF houses and
land and also natural and artificial beauty, is one
Of the popular and choicest home dlstrlcts OF
the plaza
In the last few years the development Of the vari-
Gus sections has been so rapid that there Is ohy
a small area Of land remaining uninproved This
fact forcefully reveals the popularity Of the town
residential and business settlement Notwith-
standing the vigor Of its growth IN recent years
values in the town have not reached that marx
Ehers they would no longer appeal 10 the wide
awake speculators and investors.
THRIVING HOME AND FACTORY CENTRE
Psekskdu is not only an attractive residential
place. but an important manufacturing centre
There Is located the plant OF the Fleischnann Yeast
Company and q number of big hat, stove and other
factories Its factory centre is so situated as
no. 70 overlap sections which are more suitable
for Residential purposes; in other words, the ousi
ness factory and residential zones Of the town are
entirely separated. although contiguous With It's
splendid facilities for the transportation OF
freight to points along the Hudson River and TO
Places north Of Troy and Albany and TO various
parts Of Massachusetts, Vermont Maine and Cen
ual and Western New York it possesses realty
asset which cannot help but attract large manu-
r1Trs~ Ideal gfrn
greater city Its splendid railroad facilities for the
handling Of freight should also appeal TO similar
concerns they have in the past These assets are
mainly responsible for the important place Whlch
ths town occupies a residential and manufactur-
ing centre No one, too. overlook the fact that
Feeksk1u is superbly located TO furnish suitable
cottage sites for many persons desirous OF
Aslhg In rural surroundings near the srea1er CITY
Many persons imagine that the town is 100 Tar
away TO appeal strongly to the myr1ads OF such
nonieseekers or to persons looking for country
places which be quickly and comfortably
reached from any section Of greater New York It
Is exactly forty miles north OF I'D street ana
'ourth avenue, and the journey can pe hlade III
ABOUT an hour and fifteen minutes. There was d
a.'ne when suburban places forty miles from TINS
elty were considered outside of the suburban zone
s0t that day is past. This change Of opinion has
oeen mainly brought about by the vast improve
-sa< made IN the operation Of transit lines in re-
cent years The popularity of the town as an at
sclVe nome centre for many commuters Is sho"h
oy The large number OF such persons whose places
" business are in this city and whose homes are
n that town.
IT'S MANY RESIDENTIAL CHARMS
would be difficult task to find a place with
charming residential centres than that pos
sso oy Peekskll. The land did lend itself
,s ns transformed into one great residential zone,
pslns { long stretch Of level land. But the
ssN17ntial rl owners Of the town spendidIy over
=, me olnculties of nature and hewed out