The evening world., 1913-07-12

p,acs. Ths dual rapid transit system 10
under construction. Queens 10 to have
rapid transit facilities superior to those
OF Brooklyn or the Bronx. II 70 the
opening Of Q new era In population sx-
pansion-ons Of tho mighty transforma-
tions in land values that establish an
sntrsly new level Of prices.
This period Of coming transformation
10 the time to hold land II the holder
wants 10 reap tho profits OF the change.
The quick snhanccments. the rich
profits asO to come In the immediate
future.
There have been years Of patient hold
Ing. with taxes and carrying charges
eating up . large part OF the owners
profits. The sains Of these past years
have been small In the aggregate. But
now the transformation ia at hand. In
my opinion It should place Queens at
tho front IN tho race for real estate
favor. Honeseekers and investors
ought to clear their minds OF other con-
siderations and think only Of Queens rs
the one spot where the great popula-
tion thrush In sure to show Its most
pronounced effects upon the land prices
Of the coming decade.
BUILDERS HASTEN TO PREPARE
FOR eio EASTWARD RUSH.
While the Bronx has nearly twice a.
much population as Queens and Brook
lyn has many times more. Queens has a
larger area suitable for homo uses than
either tho Bronx or brooklyn. The new
transit lines will render Queens terri
A. . al t,sS ahuN
Of the two older suburban boroughs.
Does II need any further statement Of
fact to show that there II vastly more
room for an increase In Queens land
values than there II for enhancement In
the others?
Brooklyn and the Bronx are both be-
coming ovsrcrowded. Within two or
three ysara, whom the dual system is
near completion. both Brooklyn and tho
Bronx will be bordering upon the condi-
ton OF population congestion which will
tend automatically TO halt home devel-
opmsnt In those sections. Then Queens
will be the only place left with the prop
er facilities OF transit for the great
masses Of home-seekers.
In the item OF private dwelling con.
struction Queens IL far ahead of the
Bronx In volume ana II equsilinE that
Of BROOKLYN. While Bronx builders
curing the hrst half OF the yAar have
started small dwellings for less than
$50 families. builders In Queens have
come close to 5000. Bronx dwelling
construction u growing lens every year
while that Of Queens IL increasing. and
II IL bound to expand for many years
to como.
But in hathouse construction will the
great future OF Queens begin to un-
fold with tho installation Of the dual
transit system. When the Other Dor
oughs are nllsd with hats. In . few
years. Queens will become tho great
centre for fiat building and its land
values Will rise steadily to discount
the new utility.
Building statistics Of Queens COM
pared with the Bronx for the mrs. half
OF the year dsmonstrats tho remark
able future which 10 In sto.s for Queens
- hstbulldinE territory. While Bronx
builders have been starting new nat
houses for nearly 0.0oO families. those IN
Queens have barely crossed i.l0. But
the Queens construction Of hatS In more
than double that of the correspondln "
period last year. while that In the Bronx
shows a decrease OF 10 per cent. In
other words. Queena natbuilders have