The evening world. [volume] (New York, N.Y.) 1887-1931, 1913-07-26


wAoE.EARNERs FROM THE CITY
SPREAD OVER OLD COUNTRY
EsrATEe.
From my recent observations In the
Wsstbury section. which has been noted
for its costly country estates. It is
plain to mo that . large proportion OF
suburban home seekers want places
more pretentious than mere building
lots with small house. They arc
boxing for . fair amount Of land, say
from quarter acre to two acres. They
are not particular about getting in the
territory that has been built up &C.
cording to the city idea Of crowdinG
houses close together. They want
room enough for q garage or garden
or both. But they do not want 10 pay
great price. and therefore they are will
Ing y 90 much further out than was
considered possible a few years axo.
In fact. they are spresdinE directly into
the territory which has been occupied
by the exclusive country estates Of
wealthy families and they are moving
In such numbers that land operators
can AFFORD to buy up splendid properties
Tor them because tho subdivision into
many smaller parcels imparts new
high values to such holdings.
In this manner. by sheer force Of
numbers. the outflowing wags-earners
from city nathouse centres are taking
the old country places away from the
weather families The children OF fam
HES In moderate circumstances are
coming into the home advantages which
for generations have been enjoyed MAIN
ly by families Of wealth.
In turn the Weather families that
sell their old tracts are seeking more
exclusive estates further away. In this
manner the density Of metropolitan pop
ulation In increasing in outwardly ex.
panding circles. and with Il 20 higher
values for the land which passes thus
into new population uses.
VAST OUTLAWS TO PREPARE
sUoURDs FOR NEW PEOPLE.
| That this outward march Of high land
values and population Ia permanent and
not transitory 10 shown by he heavy
capital investments which are being
| made TO discount II. Tho Long Island
and Pennsyivania railroads have spent
600. 10000 TO provide the suburban over
i now with transpo; tation. The city has
spent 3l0o. 1900 upon bridges. tunnels
and other public works to serve the
surburban masses. while practically
e2D. 0oo.o 900 more 10 now going into the
dual rapid transit system which will
make metropolitan Long Island 40 much
. part Of New York City a. 10 Harlem
In point of quick transportation between
homes and business.
This years operations Of the home
seekers 10 proof that an era Of trans
formation in living conditions has be.
wage earneru into country held so ,ona
ana 20 exclusively by the landed families
shows that new land values are soinl
hand and hand with the change.
I have noted that tho new movemen,
IL led by the most far-sighted and sub,
stsntsal OF home-seskers. They realize
that another trans ers 10 starting az
immense outward rush OF population
and that early buyers OF homestes viii
reap the BENEFITS OF the high land value,
which will como with the later masses
1 Icy oTe SctcCtW0A stt scStiOUi
where land II stili cheap and also high
class. They are placing themselves Il
the track Of the beat residential ad-
vance. but far enough outward to get
the advantage Of the largest upward
sweep In prices
Real estate activity In such favorably
situated suburbs has continued at higi
volume through the summer. Site buy
ing and home planning for the fall AM
winter promise 20 break oil records Tn,
wage-earning masses have plenty O
savings for their undertakings and Il Il
evident that they are ready to inves
heavily In such suburban homes. Thl
will make the coming years remarkably
IN the way Of metropolitan expansion
New York land prices IN the suburb
are r!s.ng now. on the average. Just q
fast AZ they ever have risen. Fortune
have been made IN the steady advance
Of the past, The coming era 10 to b
distinctly one Of suburban development
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