New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-11-24
EXPERTS LIKE M0NTAUK
Its SuitabIeneSS as a Great Sea-
port Town Not Questioned.
HAS WELL PROTECTED BAY
1t Is Thought 1t Gould Quickly
Be Transformed Into Attrac-
tive Industrial Centre.

me -NdIlONo pIOpOS4Iois anu ouSbCo-
tons being considered by city officials
for providing New York with piers about
1000 feet in length have once again direct
ed attention to Montauk Over since the
Manhattan and Brooklyn shores were
Joined together by bonds of steel by the
Pennsylvania and Long Island railroads
this growing town at the extreme east
erly end of Long Island has become wide
ly known as a most suitable place for the
creation of great seaport.
Some have advocated, as most persons
are aware who are acquainted with the
industrial and residential growth of old
New York, the making Of Montauk port
OF entry for ocean greyhounds. Others
have proposed the carrying out OF plans
TO transform this part Of Long Island into
one Of the most important freight and in
dustrial centres east Of old New York
and within a journey of a few hours Of
the heart of Manhattan.
The electrifcation plans of the Long
Island Railroad further enhance the
suitableness Of Montauk as a centre OF
strong factory areas great wharfage ter
ninals, big railroad yards, and with a
permanent residential section Of more
than fair proportions.
Recently many real estate experts have
been looking with longing eyes at the nu-
inerous propositions to create at Montauk
a city with wharfage terminals adequate
for docking the largest freight steam
ships afoat, and with storage houses and
other facilities for the quick and economi-
cal handling Of goods in transit.
With every announcement about the
growing demand for dock facilities here
they become apparently more firmly con-
WINGED that when the building Of Mon
iauk into an attractive seaport begins
Of won't be very long before that object
Us accomplished. If only small part Of
all the reports in real estate circles about
what certain financial men and specula-
tors will do to help this project along at
the right moment is true, then Montauk
is assuredly one Of the safest and one
Of the brightest places for all kinds Of
realty buyers
The fact must not be overlooked in try
ing to determine whether or not Montauk
is going to become q great seaport in the
immediate future, or fifteen years hence
or not until another century has elapsed
that Long Island has never had realty
boom. similar TO that which Canada is
now having.
Toronto which for years has been rated
as a city with well planned sections where
homes for the multitude could be quickly
erected, finds itself in a peculiar situation.
This situation is due 10 the wonderful
speculation in vacant property there.
Land which was conveniently located
and suitable for small homes is now
too dear for that class Of building and
between the industrial centres of that
town and the new suburbs where little
houses for working people can be profit
ably built is a very long journey. The
Industrial centres may have TO move at
q great cost to the new suburbs Mon
treal, too, and Quebec, have lately been
the scenes Of large increases in the value
of land and buildings. and in these brisk
realty days for Canada thousands Of per-
sons have made vast sums Of money.
The real estate men from the cOnserva-
tive market Of New England, who have
spent considerable time visiting the Cana
dian cities, towns and villages. some Of
which are only few years old with a
population Of ten OF more thousands,
have been impressed with the spirit Of
progress in every business walk Of Can
ada. Everywhere people are comparing
the relative merits Of the pier facilities
of the seacoast towns and the present
and probable latent strength of the in
'larld towns with one another. The ques-
ton Of the location of various places
along the railroad extension as being ia
Vorable for realty speculation is ia
mtliar one. The probable effect of the
Panama Canal on the growth of Canada
and its provinces is also widely dis
cussed. Where there were a few years
ago long stretches of vacant land there
are to-day thriving cities. If such things
'are possible in Canada real estate ex-
Perts here argue, why should such realty
activity near New York be considered i'm
probable by large numbers of the rent
payers Of the metropolis?
Within the boundaries Of New York
itself within the last ten years CONNER
lcial and home sections larger than many
Thriving places in this country have been
lbuilt. A typical example is the lower
Fourth avenue zone. About six years ago
liz was particularly noted for it's antique
shops To-day it has over twenty-nlne
big loft structures and is the new centre
of several industries, and this is only the
foundatlon work, as it were, for a greater
Fourth avenue.
Another Illustration: Ten years ago the
central Fifth avenue district was lined
mostly with brcwnstone dwelling houses
occupied by their owners as their city
homes. Now the avenue is the greatest
high class retail shopping centre in this
country, If not in the world And less
than five years ago there was not an
alluring apartment house district in the
Dyckman section.
1t would not be a remarkable under
taking for ten or more big builders here,
assisted by the usual following of small
spectators, to change Montauk from a
little place into a great seaport. Mon
tauk has an area of wonderful character
istics which seem to lit snugly in this
word picture Of its probable future great
ness
1t borders a bay wide enough and deep
enough for heavy draft vessels. The
same engineers say that the upland ad-
joining the bay site will need little i'm
proving TO provide for placing there stor-
age and freight terminals. Owing to the