New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-08-16
New Realty Organization
Composed of Many
Well Known Men.
ASSOCIATION WILL
HELP LANDLORDS
Z Expects TO Do Much Important
Work This Year-ItS Pro-
gramme Announced.

The Advisory Council of Real Estate
Interests. which was formed not long
ago. is composed Of eminent and infu-
entail men Of the city who are interest
ed In real estate and its allied branches.
10 will endeavor 20 coordinate the vari-
GUS and sometimes conflicting elements
Of the real estate business in New York,
so that 10 can take a united stand on
public measures affecting u, and
work in harmony whenever possible
with departments OF the state and city
whose work affects real estate. Neces-
sarily. many questions Of law and pol
lev will arise upon which opinions Of
property owners and officials may diff
FER To harmonic these differences IS
one Of the main features Of the ad-
yisory council
An examination Of the names OF the
council viii show that 10 rs composed
of representative citizens who are capa-
bic Of considering every phase OF real
estate activity and Of taking broad
view Of real estate questions IN their
relations TO the public interest. II is
recognized that 70 be Of permanent
force the conclusions Of the council
must be for the general public good, as
csts. Il is recognized also that At times
the conclusions Of the council may not
be entirely in accord with some indi-
vidual interests, but that is 20 be eX-
pected. The aim Of the council Will be
10 work for the general welfare, IN the
belief that the ultimate good OF the
individual viii be served in this way.
The need Of such an organization is
only too apparent. The council real
ICES that the burdens placed by unwise
restrictive legislation and unnecessary
taxation upon property slacken indus
try and discourage investment OF caPl-
|. tai. FL,
' II is not the intention of the council
20 supplant the property owners organ
nations now ia the field, but TO foster
them and 20 work through them and
others which may be formed from time
20 time. In order 20 do this efficiently
and 10 command the respect Of such or
CARNATIONS and Of officials, both state
and municipal, 10 Is necessary that any
action taken by the council shall be
based on intelligent data, and taken
only after thorough investigation INTO
al sides Of a question. For this pur-
pose il will maintain small, but ac-
tive. staff, with fund SUFFICIENT 10
retain the ADVICE OF experts whenever
needed. Il purposes 70 gather full in
formation on all legislative measures
and proceedings Of the Board OF Esti-
mate and Board Of Aldermen, and mat
tiers OF general interest 70 real estate
and 10 advise real estate organizations
Of its findings. Such advice is TO be
given without charge, and without any
Intention Of forcing Il on the organ
nations. but Il is expected that 1t will
be followed more and more generally
a. il Is found 70 be good.
The advisory council is composed CT
|, fifteen members eight members at
large and seven members representing
organizations and property owners.
They are John Clafin, chairman, *
president Of the Chamber Of Commerce;
Charles A. Peabody, president Of the
Mutual Life ~-~4Tance Company: