New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-14
MODERN OFFICE
FORM POPULAR
Biggest Number of Large
Buildings Is South of
Chambers Street.
BETTER TRANSIT
FOR DISTRICT
Rentals Throughout the Section
Are Satisfactory to Most of
the Tenants.

In the principal Office and financial dis
trict OF this city south OF Chambers street
are the largest number Of tall modern
Office buildings in greater New York This
zone has been appropriately called the
heart Of the financial and business centre
Of this country.
All the big transit lines in greater New
York lead to the district. and II will have.
when the dual subway project is built,
many more miles Of underground routes
Furthermore. the new subway routes
planned for the section will bring nearer
10 this great downtown Office area the
central regions OF Manhattan. the new
factory section OF Queens Borough, the
most nourishing and the most densely
populated part OF Williamsburg, and the
whole of westerly Brooklyn.
One OF the subway routes provides a
Manhattan entrance I'm this section Tor
the Brooklyn Rapid Transit, which oper-
ates the Brighton Beach line and miles or
other 81" and trolley lines In Brooklyn.
The Brooklyn Rapid Transit Will gam
this Manhattan entrance by tube Tor
two tracks TO be built under the East
River from Montague street, Brooklyn, 10
Whitehall street, Manhattan. After en-
tering New York by way OF Old Slip, the
BROOKLYN Rapid Transit will run up
broadway and Seventh avenue through a
subway TO seth street, where IL Will be
Joined 10 its 18th street spur, which Will
extend over the Greensboro Bridge 10 the
Queens plaza, IN Queens Borough.
The Interborough Is to operate the
Seventh avenue Greenwich street subway
line through this downtown district. A
tube for two tracks is TO be built under
the East River for this route also. II will
extend from Clark street. Brooklyn, TO
Old Slip, Manhattan. and VIII PROVIDE
direct rapid transit line for the residents
in the Eastern Parkway section or
Brooklyn. which are now somewhat re-
mote from the Interborough subway ter
minal. at Fiatbush and Atlantic avenues
II should not be forgotten. either. IN
studying the proposed new rapid transit
links for downtown Manhattan that n
SPUR TO be built for the Brooklyn RAPID
Transit will extend up Broad street to
Nassau street, to the Brooklyn Bridge,
and there connect with the subway route
TO Join all the bridges of the city span
ming the East River.
The larger popularity OF this Office end
financial centre has been revealed IN
many ways in recent years. notwithstand-
ing the fact that general real estate con-
ditions have not been favorable for vast
building expansion. One way In which
this has been shown Is by the notable
additions that have been made To the
number OF big skyscrapers. At the north
erlv border OF the zone Is the Woolwortn
building. which is not only the tallest In
the world, being $50 feet from street level
TO the top OF the dome. but represents an
investment of more money than ever be-
fore expended In putting up skyscraper.
AT the extreme southerly border OF this
section is the Whitehall Building. built'by
the Whitehall Realty Company. Of which
william II. Chesebrough Is the president.
II is. as regards floor area, the record
huilding In the world. In the very centre
NJ the district. occupying splendid 'front.'
ages on Broadway, are the singer Build
ing of forty-slx stories. with height OF
$40 feet: the City Investing Building and
tho twin Trinity Buildings. Nenr by is
he,ng erected the new Equitable Build
INC which in point of floor dimensions
will eclipse by many square feet the rec
ord building of this class.
The increasing popularity OF this sec
t,on {, due to the splendid accommoda-
lions offered to persons wanting business
mr. ONCE space, and. moreover, to the
tact that the average rental in the zone is
attractive