New-York tribune., 1909-05-30
FOR MANHATTAN AND THE BRONX.
FOR BR0ORLYS.
Number Of

2I,s63.S6l lbVb
ssas ssas ...-..... iGsss.G0s 1909
-sss .....---.. 9,4a6.s35. 1908
This nav net be a record year in the building
line but il is likely TO close second TO the year
noted for its great building projects and its estab-
ushnent Of a record in regard to sums spent IN
new buildings The building statistics forcefuly re-
veal how much widespread is realty pros
rerity and how splendidy the market has recov-
cred from burdens 1t had TO carry in the hnan-
-aI naniclv times in 1907 Most Of the sites which
are being improved in the various boroughs have
changed hands since the last fall season, and as
most Of this sales business has been done by bro
kers the majority of brokers viii be able to enjoy
long and restful vacations in the hot days Of the
summer Many brokers assumed some months ago
more confident air. and of late nearly all of them
have talked and acted if realty prosperity had
been unbroken for a long period Of years
REPLACING MANY LANDMARKS.
c-rsa, things in the building line are being DONE
ezpeciaIIv in old Manhattan; yet the average
resident is unaware Of the vast changes which are
hein made or have been projected for altering the
szylines of many well known zones The nidtoWh
loft centres are moving northward at a rapid rate
the principal theatre district is being considerably
enlarged the Fifth avenue retail shopping centre
Is being extended northward and also broadened
by many street projects. and prodigious activity is
the dominant feature of the trading in the central
Fourth avenue section. In the Irting' Place dis
q
hing irorro,,ed with modern loft and Office build
.nss and in the upper West Side territories. par
ticularly the central Riverside Drive district.
big building undertakings being quickly
carried out. In the Dyckman and Washington
Heights zones large sums OF money are being
spent IN construction work, and all the projects
there are aimed 10 make the combined districts
worthy rival Of the great residential and apart
region OF the central West Side. In The
Bronx long areas Of vacant land being built
up with rows OF and family houses. and
in one or two sections fathouses occupying almost
entire block being put up.
These building undertakings would never have
been planned and put in effect unless the money
channels affecting the real estate market had not
greatly improved and the future Of the many
aIluring zones Of the greater city not
Qaestonably bright These truly happy days
for the persons identified with building lines and
the Board OF Tax Commissioners must be very
happy. too. when they study the extent of all
the fine taxable income producing properties which
have been added TO the realty wealth of the city
since the first Of the year. Without doubt, the
greater city has entered new. period of great
building activity, and in which the product
OF the present school OF builders is likely TO
eclipse in size and costliness the work done in
recent years by those who known as oldtime
builders.
BIG DEALS IN FOURTH AVENUE.
In every week since the last fall season feature
OF the trading has been the buying of sites on
Washington Heights and in the Dyckman districts
and in the midtown zones especially in the central
Fourth avenue region for immediate Improvement
Almost before next fall the entire central Fourth
avenue district viii contain many rows of modern
structures. and apartment houses will have been
erected the upper West Side to accommodate
over one hundred thousand persons.
When the central Fourth avenue transformation
work has been done the big realty lenders ana
builders going TO turn their steps In larger
numbers what is known the Pennsylvania
tunnel zone the centre Of which is at 33d street
and Seventh avenue. That such movement VIII
take place is indicated by present realty signs III
Is going be of the most interesting and most
important building movements in the history OF the
city II Will add of loft building space 10 the
business centres Of the greater city 1t will IN
crease the number of modern hosueries by many
figures and best of all, it will wipe out hundreds
ef Old rookeTies which have been for years iaio
marks in the TenderIoin and viii result in the I'M
proTement of the sites they occupy with modern
business structures.
Seventh avenue from 34th to 42d street will be
transformed as IL were. as quickly as the central
Fourth avenue district is being changed now ana
Sixth avenue from Greeley Square TO 40 street
VII undergo the long expected ACTIVITY "hich
many realty leaders have prophesied ever since
they surmounted the highest pnnecles Of fame IN
the real estate market
N UPTOWN HOME ZONES.
70 easy task to determine the importance OF all
1as work that is being done but fair IDEA may
oe had from the many plans which have Deeh
drawn for enlarging the various zones or the
greater city and fled since January. In the up
to~n residential zones the plans call for TWO
Twelve story brick and stone apartment houses, TO
occupy plo: l0s.sxsl feet the north siae Oh
Nathedral Parkway. 125 feet west OF Amsterdam
avenue, and 10 be built by the Carlyle Realty
company from plans by Schwartz & Gross Ihe
esulnated cost was $4,000.
n six story brick and stone apartment mousse
elllo fett. $4,000 is to be erected by the
~eiagendal Realty Company on plot at the nor1h-
east corner I25th street Broadway The plans
were drawn by Townsend. Steinle & Haskell.
a six story brick and stone apartment house.
sSlxiie feet $4,000 is 10 be erected by the
northwest of IO9th street and Manhattan
ANeloe, from plans by Samuel Sass, for Leon Sopei'
lhree five story brick and stone dwelling houses
Ls1s4 feet. 20 sl35OO0. from plans from Henri
.oocnaux, for the premises No. II TO IS West
ksth street
4 hss staGy brtck and stons spas1tassnt 6o1s..