New-York tribune., 1909-06-06

seems 10 awaken widespread interest in the realty
worth Of the Borough Of Queens. The desire 10 be
Up and doing in this alluring region was consider
ably increased by the recent informal opening Of
the greensboro Bridge, which spans the East
River from point al 59th street 10 the approach
aJ jackson avenue Long Island City. The formal
opening Of the bridge next week will doubtless
cause a further expansion OF this desire. ReUlty
men who have been long identified with the Bor-
ouEh Of Queens and who will be present the for
nal opening ceremonies viii likely rejoice more
over The greater interest that the bridge has
aroused in the work Of furthering the realty
vgor Of the borough than over its joining of the
midtown Manhattan district TO Long Island City.
For the bridge span is. indeed, only small factor
in the realty measurements Of the borough.
WHAT THE CITY NEEDS.
The city IS in need Of greater factory buildings
which can be built at a cost which viii insure en-
rIoyment under more sanitary conditions for a
large number Of skilled worlImen and working
women. In Queens such factories can be easily
built The city is in need too OF big factory zones
bordered by long avenues of dwelling houses and
fathouses for workmen and their families Such
projects can be quickly carried out in Queens The
price Of land there in spite of the recent increases
Of value is unusually attractive builders Of such
structures, and VIII continue 20 re OF equal drawing
power for many years, although a few years hence
the newer values VIII be much higher than the
present But there will be greater values then
IN the Borough OF The Bronx with its many en-
trancng features for expanding factory zones, and
IN the Port Richmond section Of Staten Island
where there many suitable sites for large mod
ern factories
In the present development Of the Borough OF
Queens the greatest realty activity will be in its
factory centres and thus the westerly end Of the
borough viii be thickly populated district be
fore the demands Of business there have swept far
! eastward beyond WOodside and Winfield Large
sums of money going TO be made by property
owners IN and near the approach to the Queens
boro Bridge at Jackson avenue The present ap-
pearance Of this section OF the borough is most
uninvitng. but the discerning eye Of the real
tate expert can see there on all sides the hidden
realty charms which the will clearly reveal
Long Island City has at present great shop
ping district 1t is going TO have one, and 1t will
be along Jackson avenue, at the place
where most Of the city departments the borough
now housed. Moreover, it has big theatre
zone now. but it is going 10 have its large play
house centres. just as surely IS the Borough
OF The Bronx. And there viii likely be many
mer Fairgrounds along Flushing Bay and Bow
cry Bay North Beach, which has frontage on
both bays has been for years a faVorite place
for days outing with large numbers of persons,
but IN spite Of the crowds which have annually
patrouizcd Il II is in the first class
meut places Of this kind. even in the second
. class. The natural advantages Of the beach as an
ideal recreation centre have not been used along
the best modern lines. bat 1T cannot remain long
in its present condition with the increasing de-
Inards which being made upon II 10 furnish
wholesome recreation in the days of
mer There IS a possibility, but II is a remote one
that the value of the beach front will be worth
more TO manufacturing concerns than to purveyors
of amusement as afforded by such resorts. There
IS 10 doubt however, that some person in the
future viii discover the worth Of the shore front
O Flushing Bay for improving with piers suitable
for light and heavy draft vessels and for trans
forming into sites for manufacturing concerns
RESIDENTIAL CHARMS PROTECTED.
No prospective investor IN This anuring realty
field need that the expansion Of the factory
zones viii affect the residential yigor of such
charming old towns and settlements Elmhurst
and Corona. The expansion Of such factory zones
IS going to be a big factor in bringing about
great increase in values IN those splendid home
regions EImhurst IS OF the most charming
residential places with hne rural features within
the limits greater city and II is so located
yhat every building project which IS successfully
carried out in the borough must tend TO strengthen
the foundation which its stability Of values
rests and which its future growth depends or
all the places within the limits OF the greater city
where realty worth appears be buried deeply IS
MaspeJh Yet Maspeth VIII one dag take on new
,-gor and viii be transformed into inviting
home centre II has been handicapped in its efforts
TO rise above i1r present level by it's location. ad-
joining an area almost wholly occupied for ceme-
terry purposes Just south Of II Is the Mount Olvet
Cemetery and the Lutheran Cemetery. North OF II
is Mount Zion Cemetery and west is Calvary. Tho
town also almost borders the worst part OF New
town Greek
The development OF Corona Flushing and ia
maica IN recent years has been feature OF the
realty trading ir the borough IN that time large
numbers Of buyers have been homeseekers, and it
is only natural that many homeseekers have
bought and built at those places
Jamaica Is apparently alive TO the fact that an
almost exclusive residential territory does not ap-
peal as forcefuily 10 the big speeulator as one
which includes among its realty assets fine Llsi-