The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-10-02
The REAL ESTATE MARKET
TN iDING nTERRI PTED ~
TEI ERIG Mn FRS STRIkE.
IN, DrIal In a Buil'iinS Operation sn
Itlsh Priced land inN olive. NeaNS
loss Of Interest. and q LoOl- - 10
the TIeup Htl last for Sonr Time.

loss of inferred, ana " Looks - W
the Tieup van last FOR ~Onr Time.
Natter IN rn. r-al estate ,uarh". took
% -.rio,I. .,,-u ll.t ws..., vL.u .Er prospect
,l q ii..u,. ,l ,A. ru5Ir. bu-h.Iug Iuiu,,rr
oa, "lorel UNEXPECTEDLY \ considerable
rrru,rti. "a - ~" raoius h,. 1T late CON
.u....l " 1u-pra-,.- ~ -. ,-~ ~ Improve
''-nr ,ui'r DO" prl.t.' whi"h the prin-
,ipal To-. .tuc ins,I,u. ions b.s" maintained
.nr ~I'lr u""" % &C.. N",ug 60 ur'ure
rur"l. speculative hui',nt "nt"ru-t.''~
,ItpI u ul. been a,.rr,ui .m. 20 ,'',~
.tult, .ni M me nlps' ~. Ut any 'hrr large
uu,Ic Tor It he In~;i.uurn~ ~ question
ave sought to encourage What mny he
called investment huil linz
Ih"y have. tor example been anIi,tI
- ,inan"-. operations, for business hCusss
IN sslrch ui new locations and tor pro-
fr4sioua bladder, who u'Uld obtain re
-Dnn-lbl. trnln,s ~ IdN auv,' To pro-
mote operations II thus >ort they have
offered attractive loans. giving rise 10 a
limited but nrVert hele~- substantial
amcun. OF buying. chiefly IN tha growing
midtown section Tho demand for si'"-
there has now been vt-tIallv suspended.
for ia a builiine oper1tion on high priCed
land any DELAY from the time the ground -
purchased uniil the construction work -
done involves a heavy loss oi interest.
Th.. trouble in the building industry
originated ~ what app r"d 70 hc an an
Impor,ans dispute 4 firm 81 general
huildinG '1n- re, rrs =. Z. Nr-ht 4 60.
hired wo-kmen on Job ~ Newark. y \
from yil,tere-s' union belong mE p.
The American FEEDER ion 81 labo- but
no; recognized bv the ln,ernad nail mon
10 Brirkllynrs. Ma-Un~ aud Plis,s7ers
The 10 crna .iunal union declared he firm
-un'Ii- and ordered -;:Iha, IN - build
inE-. m.lIUIng IT, building IA New York
e.. IN New York cit-' hc firm J. q i,,n-n-
her = the Mason ErlderS Association.
which ha~ trade agr-enen' With al the
local hncklaver- unlr NJ. thirteen IA
number
Whom the :, IKE .ock Mace on IL build
me- mere ne. fr'n brought the matter be-
fore 'h' ioIn. arha-aicn bpar' main
tanned unUer ne trace agreement and IN
which IN" Mason Builders Association
ard the h.ioSlaye-s' union are repre-
scntec The arbitration board Ordered /
the striker IN resume work IN he build !
ing OF Se,bn & co. The International !
IT.on - B.icklayers Mason~ and Pl,s- (
ter"rs. !owe'.r. issued a counter order .. .
inalntalN ire ~'rlke n' question
wh"trA- 20 obes be arbitration bct-d or
'nr International vas then ,uDrnitt 81 by .
the various local. 10 u membership vote
Nine - the u.Iions de,iiei m favor 81 .
the ~ ern1 ional = nd four vcia.i - Sustain
the srIitr !;ion b, ard.
rhr Ma ,3n Builders association n~Jt
de, lIra-! Il lo"Aout % the nine unions
wroh hld declined to complS With the
80 ,..
as-r iL;i'n e. PC, icd h.. trpmher7s e the
othei uri ~, , rarlIn "a. vn-k hut thee
also h. ,en,w sided x,Ll Al he IN. a-na,io n,l
ana he iu.c-nati' nal has r,lc-cd ike,
on Az th- CONTRACT e rrn.rrcr- 4 tho
Mason Bul's-s As,o,i ation ,hroughou,
the county, THIS c-'rnrle,- -.o9pace II
hriCs work VII Il ,'Nur~r throw the cthe-
trades IN % enforced ICi~reSS before long
u looks as y -. Ji.uu," vii not Weld
srsilvto nsgotii;lous Tn. q Ca,"a,.si''o Marty
= 80 lu'.rnr. ion - tnion Of Brick LAYERS
VI s,ur and Piss;ere-s md t1o object -
rhc 49, ssIJn ~ , - roe the -,lpss'r-
Co ions Of VorI- I'd, I',' .'1ri by tho inter-
n.tionti Thee cLas-l.;catIors are a.
vH"irr-~ ~ 'np-e upreld IN New York
= Vs. b. ne - .ce az "eNrren. no. v-e~n the
,ils1n B!Il!'-- iss,,itri .nf the loci
hi ,kiVes Union
the feature, oi he .Eream~-. thai are
N" obie ~ attick have been m eItstenC..
FOR man" vears and have 4l.yuv~ unlI
nov been SUPPORTED hy the loo l' gyms
the IN eFnt, innIi Thav are designed
wi'h vieS 10 enabling ne ioclI cpnir &C.
tors and the local journav'0an Erirki.vers
10 r"'aIH control - ltn-s II wo1. vhI-h %;
j.. o - - have grown ny ~ csmp-tItiJn
with n-' 'lary bri,k IE4zonr~
piis,. q ~ Nav Nora for cI,npIs
tsrra c,i'I 80 blIc, G~erroofins - don"
b. -p@yisi rpn actors Fi.h theI- own
ioUTney Men Nno fblipw their employers
from cifv 80 rI'N In New prk tie tsrr,
90 "a n~"p'"o'ir- j. included m she gen
e-tl h-t,k 'ut-prry- "op'~'c' ~" ip,ai
b-'clrlivr~s are omplpvei on $40 work
'r View Work. TOO, C-1i.n '-orl. "a dpn"
b-i klIy"rs. contrary - Tho cus'oiI
The ,r-tte = grea'uont he' : ecn 10 Mason
Builders A-sJcii Ipn AMI IN" ~. Il unions :
81 brick layers has >"ryeI 10 protect Tho .
employers ~ 'ins, comp.fI ION from out
bricAl iys-- great ds,l ~ ~rrk which
el-eN here r. upf clIs>.Ad a. bri.k work and
vhi"n. much Df o. - done on ~ j.. u NoW
Work - lower r4,e.s - wages
'lo Mason Ruilt-s Naspcil'Ipn there
70 lIs - q. rong hutn,Ifl iut"re> N de ,
~" i.. u -" other hand the inferno
ti.Il'. r4'Ing nov Tor n tirft tine ~
dr. - th" local unions 80 hrr1k tho arbI-
tration 'ifsi-'. ~ the agreement will 40
doib uir-.- - ad,auttg- m tho hor. ~
IN rY'''I'iI- - 81 i-si IcatI"h- - w"rk-
. moo ''"'' -sa',- 20 he lif'l.. ,r"st.~"t :
- p"ios - l"man'
Prl,.,s sale.