New-York tribune., 1910-04-03
GREATER CITY PLANNED
REALTY MaRKET HAS ENTERED UPON Il
PERIOD OF WIDESPREAD ACTIVITY
Many Nesc Industrial Centres To BE Formed-4n Oppor-
tune Time for Small Buyers to Unrest.

Builders and speculative operators nave
entered upon period Of activity which will
>at only add millions and millions of tax
able properties TO the greater city, but
which win likely exceed I'm volume and int
portance the work which they have accom-
plished for the upbuildng Of old New York
since 1900.
This view OF what the future has in store
is hased on all the usual reliable signs re-
iating to the realty outlook
Il will be a period IN which there viii De
perhaps more opportunities for the beginner
in realty walks 10 make profitable invest
raents than ever before in the history of the
city. There are now more factors which
safeguard the Interests Of the new trader
than ever before. and he is therefore able
10 obtain at a small cost expert opinion on
realty buying and also the necessary finan-
cial help 10 assist him on his way toward
that coveted plane occupied by the leaders
Of the great market OF the greater city.
In the coming days of broader activity
the city viii witness the spectacle Of the
biggest individual trader acknowledging his
inability 10 erect structures Of greater cost,
tyre and size than the record buildings Of
to-day without the assistance of some or
many other persons Of large means identi-
on Manhattan Island. To do greater things
than ever before Will require sums Of money
not within easy reach Of the lone trader.
His financial weakness in this respect will
result in the formation OF many big groups
OF great traders all working in harmony 20
meet the vast needs Of the greater city
and 70 make realty investments more at
tractive and better known 20 the multitudes
now numbered as rent payers. whose pres
ent interest II realty is no more or less
than obtaining comfortable homes at prices
within their means. and of securing the nee
essaTy employment so that they can live
comfortably and promptly pay their rent
bills.
In the near future there will probably be
many Thousand persons who are now only
rent payers holding one or mere shares in
the new giant skvscrapers 10 bs erected or
Ia the apartment houses or f7athouses of.
record size and cost which will be projected
for lots on old Manhattan Island and The
Bronx.
THE DRIFT OF REALTY CONDITIONS.
The drift Of realty conditions is toward
olickenins the market for real property.
80 that an investor whether large or
small. viii know from day 10 day the exact
value OF his holdings and will be able to
buy or sell at a moments notice. To &C
complish these things has been the aim of
most Of The great real estate leaders cf
The present school for many years. for
real estate is not as quickly marketable
as stocks and bonds
II fact. il often takes many DAYS for a
property owner seeking a buyer to dispose
o. his wares at A satisfactory figure. OF
course, il he is willing TO get rid of his
property at a sacrifice, he viii find many
ready takers, for there are hundreds of
realty operators and spectators who are
ever ready to purchase at bargain prices
property valued Al million or more.
In the near future there will be an ex-
change salesroom where realty shares will
be daily traded in. and in a manner salts
factory both TO the seller and buyer To-
Gay there are many big modern mercantile
structures and apartment houses in this
CITY which are owned by thousands Of
working men and women scattered through
out the country and whose collective say
Inss, invested in New York City realty
have helped considerably 10 hasten the
creation Of larger avenues for attracting