New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-06-23

experts dislike 20 appear in proceedings OF
/ condemnation is the fact that the actions
consume 50 much time that the pay IS
not suf.cient % reimburse them.
There are not many men IN the real
estate market who are as popular az J.
Clarence Davies. ard when he launches a
big realty project. and thereby largely in
croascs hts cash assets. .verybody IN
realty. as the saying ls. - glad.
Why It Is 81 is not difficult 10 under
stand Davies is one OF those rare indi-
viduals whose magnetic character attracts
persons VINO viii serve him loyalty as
friends or business associates 10 the end Of
tne!r DAYS Moreover, he Is generally help
iug many persons To- lay the foundation Tor
riches or to add 10 their bank account.
For instance. at the Van Cortlandt sale
he started large numbers OF buyers On a
successful realty career
Mr. Davies once said. In analyzing the
growth Of the value OF lots sold at auc-
ton:
such lot will not increase In value o.
per cent a year and keep that growth w
steadily Ever experienced real estate op-
orator knows that values do not grow In
that way.
AS an example. consider the piece OF
oroperty living on Crotona avenue, running
from l75th street and Third avenue to the
Southern Boulevard known as the Georg'
FaiIe estate. These lots were sold at auc-
ton on November Il. 1890. o"d they ranged
in price from $500 a lot about $1,000
10. corners.
4 doub, II any man who bought one OF
these lots for 5000 or $780, paying 80 per
cent down and his interest and assessment
later. has not made on that original 5000
Investment $500 to $4,000 in eighteen
years"
Every Office which seeks TO find suitable
sites for manufacturers should have the
Industrial Directory OF New Jersey II Is
compilcd and published by the Bureau OF
Statistics of New Jersey under the direc-
tion of Winton c. Garrison. II describes
the factory sites given free of cost, indus
trial enterprises assisted financially. water
powar idle factory buildings boards OF
trade. Industrial advantages. plans on ha''-
gable waters, farm lands for sale. coast
summer resorts, inland summer resorts anu
a list Of manufactures.
Those who have copy OF the BOOK say
,ba, n has broadened their knowledge OF
the Industrial situation and opportunities III
that state.
More than a hundred Jersey towns oner
snocIal industrial opportunities
That syndicate OF Brooklyn ana o'a'e"
leland business men who are going TO opeI-
ate a ferry between St George staten
leland and Bay Ridge, Brooklyn WIZ
rIaaso some large business interests Oh
brooklyn. According to many real estate
owners and brokers, such ferry Is not on'y
lid lint ought TO have been in opera
,ion lon, ago. II is thought that II Will be
nosslble to open the line about June So
rho Rrooklyn ferry house will be at Bay
Ridge avenue
Tho syndicate has chartered the Long
IsIond fcrryboat Garden city and Will make
hourly trips until traffic warrants petter
service This same syndicate will also
onerate twenty automobiles. They VIII run
betveen the Borough Hail. Brooklyn, ana
Borough Hall, Staten Island.
What wonderful change for the better
O., handling factory products between one
hororob and another has taken place In
tho last ten years! This proposed ferry Will
certainly provide direct way Tor Vehicular
traffic hound from South Brooklyn to Staten
Island.
Auto power is the principal force In TINS
advancement. Then there are four bridges
now over the East River, whereas there
oas only one ten years ago. and more i'm
portant public highways are kept in better
repair than ever before.
What the heads OF many factories would
like TO know is. why were the approaches
10 some OF the bridges made so Steep
These inclnes sorely try the strength OF
the strongest beasts II the grades could
Re considerably reduced without blocking
traffic over those bridges the interborough
shipping costs would be much less than
they are now, and quicker shipments could
be made. too
The House and owners Real Estate AS
ISOLATION Of Yorkvile says that this Is an
opportune time for property owners. free
from political entanglements or alliances.
to organize more strongly than ever before