New-York tribune., 1910-05-08


r-..l,,,.n THIS rast construction woTh mas
,-i,. is~rels added 20 the taxable prop
-, -bere bat has greatly increased the
-Do- e splendid opportunities for home
,..-s 10 purchase model houses a at
usc;j;e prices.
-. never was 8 better time ihan the
.-,.s-, 70 purchase vacant land or I'M
.-,,ed sites for busiress use or resiaehual
'.c,-sncz within the boundaries OF this
80 and thriving borough Of homes more
- zeal estate IN Brooklyn was never on
-,c~a stable basis, or, in other words It's
I,c--oa producing power was never SO al
trsCtive .,;,-
-.ss5a--fal centres Of the borough lis
-, ,,ee beeu vigorous for many years.
- ,,,s large volume Of construction work
- has been along the most approved
lines
-, nd artificial charms of this high class
80 section. and therefore this is one OF
~ ,5ezl residential centres, in which the
- evarfinc tastes as to what comprises
,,-,fo-ts ble houses and attractive home
.,.es may h gratifed. Great care has been
.,ken bv the mary persons who have been
,c-i,e n the various developments which
+a,-a added 20 the realty charms OF Flat
t-sb in DreSerning, as far as possible. the
ofd rural features for which the section was
-o-o5 years ago Here VIII he found many
miles of beautifully shaded thoroughfares.
.,-,d-e5s OF home sites with garden effects
end occupied by brick or frame houses with
roost attractive architectural lines
rTa-hush has all city conveniences and
many rural and suburban features. It's
hoathfuluess is unquestioned. And as re-
cards transit facilities. il occupies a high
rlace in investing and speculative circles.
TIE district lies just northeast of Prospect
Park is westerly border being within
short distance Of The great retail shopping
zone and the principal theatrical district Of
TIE borough. Il IS also within 4 short
trolley ride oi the lower Fulton street bUsi-
ness area of the borough L is traversed
tv many surface lines which cross the
BROOKLYN and Williamsburg bridges. and
r he near future its trolley links viii he
increased il Is said, by the operation Of
lines across the Manhattan Bridge. which
mas its easterly approach AZ Flatbush ave-
nue. and Fulton street, Brooklyn This
Q easterly approach IS less than mile from
~ re westerly section Of Flatbush-
Most of the high class home sections Of
Easily reached from The downtown district
pf Manhattan by the Brighton Beach ele-
va.ed road. which operates trains at fire.
9ueut intervals from the Brooklyn Bridge
The racks Of the elevated road are en-
tfrelv depressed in the Flatbush district
and he train service 70 this enhancing
RESIDENTIAL centre is express and local
TIE lower Brooklyn values which are so
n
many well known brokers ard Investors in
referring 10 the wonderful growth Of the
borough n recent years prevailed when the
greater part Of the district east of Prospect
Park was almost entirely used for truck
gardening purposes. and was therefore as
sessei as country property. In those days
.heva was little demand for large blocks or
.raacs OF land comprising many acres for
ne creation Of model home centres, such
- Flatbush. Borough Park. Bay Ridge and
fersarhu~st In fact. there were no big
rrafects under way al that time for the
reformation Of the farming land into
residential centres The earning power Of
th= property. then was almost entirely
reu-esented bv the dollars and cents re-
-efre5 from the sale OF farm produce.
Today one lot adorned with modern
we Of house brings its owner greater
srancial returns than did some OF these
acreage farms in the early SOS. Brooklyn
vas then 2 city with a veil built up resi-
iential district in its westerly zones and a
series cf sparsely setted farm lands a few
niles east Of lis oldtime shopping district
Il is now one Of the leading boroughs Of
ne greater city. with hardly a remaining
:.en that only twenty years ago there were
hundreds Of acres within its borders yearly
eesed 10 truck gardeners.
Brooklyn Is building up so rapidly that
he opportunities of the present time can
-or long remain. When its transit facih-
les have been improved by more street sur
FACE lines and by the proposed subway
-outes. and when its factory centres, af-
lording more avenues Of employment. are
us- little bit larger there is hardly any
5oabt that 500 or 1860 Will not have the
purchasing power in the great real estate
31s-ke; Of Brooklyn that II has to-day.
Realty Outlook.
P-,eev. the day Will soon be here when
me small speculator and investor viii be
-eleEsted 10 a rear position, as they have
N recent years in the big real estate mart
% old Manhattan.
Twenty years ago there were many small
traders prominent in the purchasing and
building movements on old Manhattan Isl
saS At that time deals involving seYera!
millions Of dollars were looked upon as
spectacular. a transaction in Manhattan
affecting property valued al several millions
70 longer attracts widespread attention, for
the dominant factors in the upbuilding OF
The various residential and industrial zones
II Manhattan are now big investors IN
stead Of small traders
Tine w5l bring about Just as great
changes IL the Borough Of Broogkiyn-
TIE drawing power Of the many realty
charms ot the Borough Of Brooklyn are
as II were, just becoming widely known.
These charms INCLUDE many miles Of iand
fronting OF the waters Of New York Bay,
the East River, Gravesend Bay, Jamaica
- Bay and the Atlantic Ocean; scores Of well
bulk Up factory centres, q large NUMBER OF
first class retail shopping districts, seversl
large theatrical districts. fne public pleas
Ure grounds and, more up-to-date resi-
Dental zones with city and suburban feat
Ures and representing a larger expenditure
Of money than in any other borough OF the
greater city. II has miles of broad streets
too, well shaded and well kept
One Of its greatest realty assets is its
rearuess 70 the heart Of the financial and
business life of Manhattan Island An
other predorainating asset is its spiendiA
beach fronts. and still another is It's r!ch-
uess IN land fronting on Jamaica BAY SUIT