New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-12

MANY Mann ltdU
Join next year the ranks OF the specuia'oi'
in queens.
In regard 10 general conditions there
Maurice f.. Connolly, Borough PreSioen''
saws; Queens is borough of unequaiieo
ornor,unities for the resident, the business
man and for the real estate investor
Its natural advantages aye unsurpassed
Little wonder is 1t that the eyes ol '"e
entire city and state are upon II.
Long Island City is rapidly becoming al
important manufacturing ard commercial
centre. situated as it is at the entrance
., tho Belmont tunnel and Queens Borough
Bridge.
Jamaica is fast developing into vas.
railroad centre. while the Waterfront VI
Long Island Sound and East RIVER oHei
unrivalled opportunities for commerce. anu
IN the eastward beautiful waterfront resi-
DENTAL developments. Jamaica Bay Is al
readv being improved at the expense OF
tho federal state and city governments as
barge terminal which will In time de-
veIop into a great port Of entry, accomfno-
dating ships OF any size.
pertaI conditions in The Bronx are satls-
| factory. according to ]. Clarence Davies
who IS one OF the best known and one oi
| the most successful real estate brokers' aho
auctioneers in the greater city.
"rhere are few vacancies In comparison
% tho number of fathouses. Flat rentals
are about what they were al this time las
year. TT,
Large gathouse centres have been bull
in fremont, West Farms and Fordham
and no difficulty in getting tenants to'
those new residential places has been en-
countered
"rIirher figures are being asked and Oh
tanned for stores I'm the vicinity or l4't'
street and Third avenue than at TINS Time
last year. The demand for stores Will con
tinue TO be larger, and consequently INC
| rentals greater"
| Spear &, Co. when asked last week ABOUT
the rental situation in the central ana
downtown business districts sald tha'
there were many lofts OF the 20 bv 100 class
"Growing business houses In search oil
nev homes" they added, want nucn
larger quarters than their old places. II
| they didn't they would gain little beneht by
changing their business addresses They
are indeed. too big for their present
hor,.s which will usually be found under
the roof OF an old mercantile structure on
single lot To expand, naturally they
must have a more commodious snd more
modern central headquarters. What they
need Ia floor space in loft structures 80 by
100. 70 by 100 or 100 by 100 feet. There are
not enough such buildings.
The northward migration has resulted
in a stupendous amount OF vacancies 1T
the old jobbing and manufacturing Sec
ton downtown"
Alfred E. Toussaint. q popular West Side
broker. characterizes the hurry OF families
outside Of apartment houses to become
tenants IN such buildings as the apartment
house hysteria-
Nearly everybody who has the means,
saws Mr.. Toussaint, wants to be an apart
ment house occupant. When once this
craze claims them as a victim, the charms
OF living In the snug private dwelling
house cannot by any possible means De re-
vealed 10 them and, therefore, VIII re-
main hidden until they tire or living under
roof With many other families and IN
dividuals The assertion frequently mace
| nv apartr1ent house owners that there is
az much privacy in an apartment house az
| in a private dwelling house Is rot TACT
The truth Is that apartment house occu'
pants see one another too often and nat
IraIly get TO know too much OF one an
others business.
In view OF the apartment house craze
I, Is no wonder that the demand for pri-
yate dwelling houses is small The time
will soon be here. ! firmly think, when