The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-09-11
NEW TRADES COMING
DON Mon y ~ HOLES IIE CE\IHE
I'RO>PI ~ ONGE uORI
: frhr NAcAn'irs created d, the pi"~n
NIEratIOn OT BS Firms HaNr nrcn
Pulled 10y an InTiuN ot smaller 4 M
=, Germs HIEher Rents toe same Space.

Pulled by an InIiuN OF smaller mn
:. Germs HiEhrr Rents toe same space.
The f,r,..s ~ work shifting trad" and
hpsi1"ss houses from hong "-iahh he'd
'..:.i - iai,w s',jisuz az the Borough -
NEnhat a. nav" mad ~. m-cl,"s felt
- = - -nuslv ~ th" I'D wh n" al" di-'-ict
which tNt.uds from GIsmu-'r- To Canal
st-..'. l-tNren B-uadway and West
'B-osiWAv
"h'n IN" -"ur oval nf wonll"n ard -Ilk
r ma aud Commis-ion hou-ss TO the mid
'iuwn sn,tI ~ commenced the brokers and
.r L, of tho vacated prup'rti"s did not
80 20 writ long time for o'te- tenants
Tn. ntJrc. on Broadway were taken over
10y sporting goods dealers and cutlery
houses. hy manufacturers II tyI@writerp
and kitchen utensils. aad VI here formerly
the vOOllcn trrdo Wa Irtr-nchrd for
U'Is-tcr uf = century aud more dealers
" h"eicry aTd lccther good have made
th"i- headqus 4 dire cnt class of
-" rhgrt, end a lH-Prr variety ~ TRADES
b. taa"n ,,uss"s. N 4 th" lid di trict
g.. 90 the Old t.ri witch Nas not
RI Nithetood ~ Z ~ ia'I IA - 500, \
8 row o'rt-c hui ri.o hR. oN''n d. 4 ~"
a. o. uaon ncrgi.I a !. ~. Tho. 2 ld".
fGhts good, J"oyl" N-N also u,pp'
,nIu. Gus ~ th" 4, hi ~ .'-I,'
IN" MOST r't"'l" laHuN ,lme from tho
Ia I 81" NTry - tlr mlll'- firms
supplying I"ddl'7- 51d action r-l g. ~
tres ~ .uhu-h'T DtI". have I-.'r
C-it'r from th"i' urIa tors on Gard and
tar-l Ft'e,t.. AZ pf Byr. lvsT d." ia"
vid aing uf hes ,trr. B for d .IdZa uur-
pores ny hgy' r.'il'd 81 Iispsua-d
street. Church ,t-.''. NalA.r ,t-'"' and
West Brnsiwa"
: We AZ" sducItiug 'h" people - pay
h gh"r rrn', and to ~" cummodious quar-
tors sad a broker VINO makes spa-
cialty NJ renting lofts and store, IA this
district The future of the old whole
sale centre ght have gwen cause for
worry To property owners whom the eN-
odus began. but Ne ar. now very we'll
eatlsfied with the tradiustment that hat
taken place
Ne state that rentals have increased
and IN" number Il vacancies - no larger
nj tho present tune. when business con
dittons arr not good than n normal
periods Auction houses generally are
paying higher r-It han the former
tenants In" u7lr- buildings are all
we'll rented. out ct town buyers and firms
representing mills occupying consider
Abl" floor space
The only cloud lowering over the dos
.tr1ct IN the rumOred removal OF " u
Claim A Co Ia n"W quarters AS long
50 this firm continues AZ the old stand on
Church street no SERIOUS dISturh0uC"
IL looked for II a stated by men " hp
profess 20 know that the Claim firm -
ready TO move "a Madison Squarr Garden
as soon - IN" present nome can ue ais
posed Of al an advantageous priC" The
firm sad TO have asked o.. jsn,s for
the block u occupies Real estate men
claim that the property On Church street
il Of greet value only a. long a. Cla:,in
remains downtown Tn the day he an
nouncem"ni ~ m" removal - mad. the
value OY lanln : present quarter AMI Hi-u
~ all adjacent real .--tIt. will d"praclats
materially a. thus firm will lead an '.N-
Udus IN which every dry Eopd- hou-.
every dealer IN white goods and every
commission house still remaining hollow
Canal street will be- bound TO participate
B,oAerS are generally inclined "a the tie
81 that this day ~ far IN. o'wituStaud-
ing peTSi-ient nImOr- nf ImI~nd'ng re-
moyaI.
The Tent Weller bgildIng Is un, Il IN.
few structures un Broadway fur ~ lvh n
will 10 difficult To- find tenant The
proposition - divide the large floor SPACE
into smaller Offices and Also alter the I'M
a dozen retail firms - heing considered
by the owners Of the bIildinK II ~ stated
.by brokers
Realty in this -.-ction ~ largely held hv
estates. which u one oi the. reasons for IN"
small volume of sales taking place \
number u the old trims who have Iec~nily
moved IN the new business centres had
paid rentals in their old qua rteT- which
we're based on valuation Of property
made one or two generations ago When
the old tenants moved ont the owners 81
the buildings were not reluctant 20 alter
rvntal values 10 satisfy present day con
ditions.
BUSINESS 81 miscellaneous character il
drifting in. haIt the 80 ming power ~ the
real estate mas shown tendency To- IN
crsass. The new tenhnts arr willing 10
pay higher rentals than representative"
hrnns who nave formerly occupied the.
premises. The appea nnc" 81 the dist riot
has changed but real estate va ues have
not suffered thereby